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SS Retail Ltd

SS Retail Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹424
₹424
GMP (Grey Market)
+₹144
+33.96%
Est. Listing Price
₹568
Based on GMP
Min. Investment
₹14,840
1 lot × 35 shares
Subscribed
0.76x
Under-subscribed
IPO Details
Open Date
16 Sep 2026
Close Date
18 Sep 2026
Allotment
21 Sep 2026
Listing Date
23 Sep 2026
Exchange
NSE & BSE
Price Band
₹424
Listing Price
See chart
Allotment Status
Price Band
₹424
Per share
Face Value
₹10 per share
 
Lot Size
35 Shares
per lot
Issue Size
1,18,10,182 shares (agg. up to ₹501 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,840
1 lot
Pre-IPO Holding
6,58,63,500 shares
Promoters
Post-IPO Holding
7,43,71,798 shares
Promoters
P/E (Pre)
47.11x
 
P/E (Post)
53.2x
 
EPS (Pre)
₹9.00
 
EPS (Post)
₹7.97
 
UPI Deadline
5:00 PM on 18 Sep 2026
Mandate
GMP
+₹144
+33.96% est.
Anchor AllotmentTue, 15 Sep 2026
Basis of AllotmentMon, 21 Sep 2026
Refund InitiationTue, 22 Sep 2026
Demat CreditTue, 22 Sep 2026
Listing DayWed, 23 Sep 2026
UPI Mandate Deadline5:00 PM on 18 Sep 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares85,08,298 shares (agg. up to ₹361 Cr)
Offer for Sale33,01,884 shares of ₹10 (agg. up to ₹140 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
SS Retail Ltd IPO subscribed 0.76 times overall. Retail: 37.11x. QIB: 86.22x. NII: 149.97x. By 18 Sep 2026.
QIB
86.22x
Over
NII/HNI
149.97x
Over
Retail
37.11x
Over
Total
0.76x
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 86.22x
5,788,405
— ₹245.43
NII / HNI
Over 149.97x
1,736,523
— ₹73.63
Retail
Over 37.11x
4,051,886
— ₹171.80
Total 0.76x
229,145
100% ₹9.72
IPO Shares Offered
SS Retail Ltd IPO total issue size: ₹9.72 Cr. Retail: ₹171.80 Cr. QIB: ₹245.43 Cr. NII: ₹73.63 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 5,788,405 ₹245.43
2,526.09%
NII 1,736,523 ₹73.63
757.83%
Retail 4,051,886 ₹171.80
1,768.26%
Total 229,145 ₹9.72
100.00%
* Based on upper price band ₹424 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 1,736,523 4,051,886 5,788,409
Allotment price (₹) 424 424 424 424 424 424 424 424
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹171.80 ₹171.80
Times subscribed 86.22x — — — — 149.97x 37.11x 0.76x
Shares allotted — — — — — 1,736,523 4,051,886 5,788,409
No. of allottees — — — — — — — —
* Upper price band ₹424 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
35
Shares per Lot
Issue Price
₹424.00
Upper Band
Min Investment
₹14,840
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)270₹29,680
Retail (Max — 13 Lots)13455₹192,920
S-HNI (Min — 14 Lots)14490₹207,760
B-HNI (Min — 68 Lots)682,380₹1,009,120
* Issue Price ₹424 × Lot Size 35 shares
IPO Schedule
Anchor
15 Sep 2026
✓ Done
IPO Open
16 Sep 2026
✓ Done
IPO Close
18 Sep 2026
✓ Done
Allotment
21 Sep 2026
✓ Done
Refunds
22 Sep 2026
✓ Done
Demat Credit
22 Sep 2026
✓ Done
Listing Day
23 Sep 2026
✓ Done
SS Retail Ltd — Live Price LIVE
₹424.00
INR · BSE
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Issue ₹424.00 GMP: +₹144 Live Price
About SS Retail Ltd
Incorporated June 2016, SS Retail Ltd. is a multi-brand retail chain for mobile phones, accessories and other electronic items, with operations across Maharashtra, Karnataka, Madhya Pradesh, Goa and Gujarat. It primarily focuses on Tier II and Tier III and beyond cities and, as of March 31, 2026, operated 503 stores across 215 cities, covering approximately 2,41,365 sq. ft.The Company operates under its proprietary brands ‘SS Mobile’, ‘Mobile Exchange Wala’ and ‘The Mobile Space’ through a combination of company-owned and franchisee-operated store formats. Its product portfolio includes mobile phones, pre-owned smartphones, accessories, televisions, laptops and tablets, along with ancillary services such as mobile protection plans, EMI facilities, anti-theft software and mobile recharge services. As of July 31, 2026, its retail network had expanded to 536 stores covering approximately 2,60,597 sq. ft.The Company follows a scalable retail model comprising COCO, COFO and FOFO formats and uses local franchisee partnerships to expand its presence in regional markets. During Fiscal 2026, it acquired 51.04% shareholding in Olineo Nexus India Private Limited, adding 34 stores to its network. As of March 31, 2026, the Company was the largest mobile phone retail chain in West India and Maharashtra and the third largest in India among its peers, according to the cited industry report.As of March 31, 2026, the Company had 689 permanent employees, comprising personnel across management, accounts and audit, operations, sales, sales support, supply chain and HR and administration.Competitive StrengthsLarge and rapidly expanding retail store network.Scalable COCO, COFO and FOFO business models.Strong presence in Tier II and Tier III and beyond cities.Strong customer reach through local franchisee partnerships.Largest mobile phone retail chain in West India and Maharashtra.Experienced Promoter and management team with strong domain expertise.Wide product portfolio with focus on mobile phones, accessories and electronic items.Established brand presence through SS Mobile, Mobile Exchange Wala and The Mobile Space.
Objects of the Issue
1
Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028
2
Part funding of the incremental working capital requirements of Company
3
General Corporate Purposes
SS Retail Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹1,208.0
31 Mar 2024
₹1,600.0
31 Mar 2025
₹2,352.9
31 Mar 2026
Profit After Tax (PAT)
₹26.7
31 Mar 2024
₹39.9
31 Mar 2025
₹59.3
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 2352.85 1599.96 1208.04
EBITDA 125.15 80.44 56.50
Profit After Tax (PAT) 59.28 39.86 26.65
Net Worth 225.71 141.37 101.51
Total Assets 575.42 389.44 278.25
Reserves & Surplus 159.59 128.18 88.52
Borrowings 162.59 125.36 110.43
EBITDA Margin (%) 5.32 — —
PAT Margin (%) 2.52 — —
P/BV Ratio
12.35
RoE
30.60
RoCE
29.30
RoNW
32.60
PAT Margin
2.52
EBITDA Margin
5.32
Debt/Equity
0.70
Issue Structure & Shareholding
Total Shares Offered83,57,354
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding6,58,63,500 shares
Post-Issue Promoter Holding7,43,71,798 shares
P/BV Ratio12.35
RoE30.60
RoCE29.30
Debt / Equity0.70
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Anand Rathi Advisors Ltd
Emkay Global Financial Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much SS Retail Ltd IPO subscribed? ▲

SS Retail Ltd IPO is subscribed 0.76 times by Sep 18, 2026. Retail: 37.11x. QIB: 86.22x. NII: 149.97x.

Investor CategorySubscription
Qualified Institutional (QIB)86.22x
Non Institutional (NII/HNI)149.97x
Retail Individual37.11x
Total Subscription0.76x
What is SS Retail Ltd IPO retail subscription status? ▼

The SS Retail Ltd IPO retail category is subscribed 37.11 times as of 18 Sep 2026. The retail portion is oversubscribed.

How to subscribe SS Retail Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 16 Sep 2026 and closes 18 Sep 2026. Min investment: ₹14,840 (1 lot = 35 shares). UPI mandate: 5:00 PM on 18 Sep 2026.

How many times SS Retail Ltd IPO subscribed? ▼

The SS Retail Ltd IPO subscribed 0.76x overall. QIB: 86.22x, NII: 149.97x, Retail: 37.11x. Applications: from NSE/BSE.

How to check SS Retail Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Sep 2026. Refunds: on 22 Sep 2026.

When SS Retail Ltd IPO will be listed? ▼

The SS Retail Ltd IPO listing date is 23 Sep 2026, Wednesday. Listed on: NSE & BSE. Issue price: ₹424. Estimated listing: ₹568. GMP: +₹144.

When SS Retail Ltd IPO close? ▼

The SS Retail Ltd IPO closes on 18 Sep 2026, Friday. UPI mandate: 5:00 PM on 18 Sep 2026. Allotment: 21 Sep 2026. Listing: 23 Sep 2026.