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SS Retail Ltd IPO
NSE & BSE Bookbuilding IPO Fresh capital cum OFS Upcoming
GMP +₹106 +25% Est. Listing ₹530 P&L/Lot +₹3,710
Issue Price
₹424
Face ₹10
GMP
+₹106
+25% premium
Est. Listing
₹530
GMP based
Lot Size
35
shares / lot
Min Amount
₹14,840
1 lot · 35 shares
Opens
16 Sep
Upcoming
Allotment
Important Dates
0/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Soon
Open Date
16 Sep 2026
Wed Upcoming
Soon
Close Date
18 Sep 2026
Fri Upcoming
Soon
Allotment
21 Sep 2026
Mon Upcoming
Soon
Refund
22 Sep 2026
Tue Upcoming
Soon
Demat Credit
22 Sep 2026
Tue Upcoming
Soon
Listing Date
23 Sep 2026
Wed Upcoming
Issue Details
Pricing & Size
Issue Price
₹424 Face ₹10
Lot Size
35 shares
Min Investment
₹14,840
Total Issue Size
1,18,10,182 shares (agg. up to ₹501 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
-
NII / HNI
-
Retail
-
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
6,58,63,500 shares
Post-Issue Shareholding
7,43,71,798 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 35 ₹14,840
HNI / NII 14 490 ₹2,07,760
bHNI / bNII 68 2380 ₹10,09,120
Objects of Issue
3 objectives
1
Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028
12.45 Cr
2
Part funding of the incremental working capital requirements of Company
416.53 Cr
3
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Anand Rathi Advisors Ltd
Emkay Global Financial Services Ltd
IPO Timeline
Open
16 Sep
Upcoming
Close
18 Sep
Upcoming
Allotment
21 Sep
Upcoming
Listing
23 Sep
Upcoming
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
040-79615565
Email
ssretail.ipo@kfintech.com
Company Contact
Email
compliance@ssmobile.com
Phone
+91 90961 91222
Address
399, E, Basant Bahar Road Ratikmal Complex Shop 6-7 Kolhapur, Maharashtra, 416003
Grey Market Premium
LIVE
Current GMP
+₹106
+25% vs Issue Price
Issue Price
₹424
Est. Listing
₹530
Lot Size
35 shares
P&L / Lot
+₹3,710
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Category-wise Subscription
Category Sub (×) Offered Bid For
QIB
NII / HNI (Total)
Retail Investors
Total **
Market Maker *
* Based on ₹424.00 (upper price band)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue2352.851599.961208.04
PAT59.2839.8626.65
EBITDA125.1580.4456.50
Net Worth225.71141.37101.51
Total Assets575.42389.44278.25
Reserves159.59128.1888.52
Borrowings162.59125.36110.43
Key Financial Ratios
30.60
ROE
Return on Equity
29.30
ROCE
Return on Capital Employed
32.60
RONW
Return on Net Worth
2.52
PAT Margin
PAT / Revenue
5.32
EBITDA Mgn
EBITDA / Revenue
0.70
D/E Ratio
Debt to Equity
12.35
P/BV
Price to Book Value
9.00
Pre EPS
EPS Pre-Issue
7.97
Post EPS
EPS Post-Issue
47.11
Pre P/E
P/E Pre-Issue
53.2
Post P/E
P/E Post-Issue
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 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.
Frequently Asked Questions
What is the issue price of SS Retail Ltd IPO?
The issue price of SS Retail Ltd IPO is ₹424 per share, face value ₹10.
What is the lot size?
Minimum lot size is 35 shares, requiring ₹14,840.
What are the IPO dates?
Opens 16 Sep 2026, closes 18 Sep 2026.
When is the listing date?
Tentative listing: 23 Sep 2026 on NSE & BSE.
What is the current GMP?
Current GMP is +₹106, estimated listing ₹530 (+25%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

SS Retail Ltd IPO · Expected 21 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
21 Sep 2026
Refund Initiation
22 Sep 2026
Demat Credit
22 Sep 2026
Listing Date
23 Sep 2026
Quick Facts
Upcoming
GMP Signal
Bullish
+₹106
+25%
Issue Price
₹424
Face ₹10
Lot Size
35
shares / lot
Min Amount
₹14,840
1 lot
Est. Listing
₹530
GMP +₹106
Key Dates
Open
16 Sep Soon
Close
18 Sep Soon
Listing
23 Sep Soon
Registrar
Kfin Technologies Ltd
A
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