SS Retail Limited
ListedRetail · Mainboard IPO · INE1EQW01028
Price band
₹403 – ₹424
Lot size
35 shares
Min. investment
₹14,840
Issue size
₹500 Cr
Face value
₹10
Registrar
Kfin Technologies Ltd.
Issue timeline
Bidding opens
16 Sept 2026
Bidding closes
18 Sept 2026
Allotment
21 Sept 2026
Listing
23 Sept 2026
Final subscription
28,46,525
applications
₹26,597 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 33,56,84,930 | 14,233 |
| Non-Institutional >₹10L (bNII) | 13,61,13,635 | 5,771 |
| Non-Institutional ₹2–10L (sNII) | 4,97,54,180 | 2,110 |
| Retail (RII) | 10,50,60,270 | 4,455 |
| Employees | 6,68,150 | 28 |
| Total | 62,72,81,165 | 26,597 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
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.
Issue details
Issue size
₹500 Cr
Fresh issue
₹360 Cr
Offer for sale
₹140 Cr
Industry
Retail
Promoter holding (pre)
75.74
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 1,208.04 | 1,599.96 | 2352.85 Cr |
| EBITDA | 56.50 | 80.44 | 125.15 |
| Profit after tax | 26.65 | 39.86 | 59.28 Cr |
| Net worth | 101.51 | 141.37 | 225.71 Cr |
| Total assets | 278.25 | 389.44 | 575.42 |
| Total borrowing | 110.43 | 125.36 | 162.59 |
Objects of the issue
- Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028
- Part funding of the incremental working capital requirements of Company
- General Corporate Purposes
Strengths
- Large 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.
Risks
- Intense competition in the retail market.
- Dependence on third-party suppliers for products.
- Economic downturns affecting consumer spending.
- Regulatory changes impacting operations.
- Challenges in maintaining quality and customer service across a large network.
Documents
Calculate your bid
At cut-off price ₹424
Lots
1
- Shares
- 35
- Amount
- ₹14,840
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login