SS Retail IPO Day 3: Subscription Closes Today, 18 September 2026
- September 18, 2026
- Posted by: Harsh Piplani
- Category: IPO
SS Retail IPO closes today, 18 Sep 2026. Subscribed 6.08x through Day 2 (4:58 PM): NII 10.41x, Retail 7.95x, QIB 0.24x. Price band Rs 403-424.
Quick Answer
The SS Retail IPO is on its final day of bidding on 18 September 2026, with the subscription window closing today. The issue has climbed sharply through its bidding window, from 1.52 times at the Day 1 close to around 6.08 times by the close of Day 2, with non-institutional investors leading at 10.41 times and retail at 7.95 times, while qualified institutional buyers stood at 0.24 times. With bidding open until the end of today’s session, and QIB bids typically concentrating in the closing hours, the final SS Retail IPO subscription figure could move considerably higher.
SS Retail Limited, a Kolhapur based multi-brand mobile phone and electronics retailer, has reached the final day of its IPO subscription window today, 18 September 2026. The SS Retail IPO opened on 16 September and is a mainboard, book built issue worth about Rs 500.75 crore, comprising a fresh issue of Rs 360.75 crore and an offer for sale of Rs 140 crore. The shares are proposed to list on both NSE and BSE.
Demand for the issue has built rapidly through the bidding window. The issue closed Day 1 subscribed 1.52 times overall, with retail already ahead at 2.32 times, and climbed further to around 6.08 times by the close of Day 2, with NII surging to 10.41 times. The QIB category, which stood at just 0.24 times as of the Day 2 close, is the key variable to watch in today’s final hours.
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SS Retail IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 16 September 2026 |
| Close Date | 18 September 2026 |
| Price Band | Rs 403 to Rs 424 per share |
| Lot Size | 35 shares |
| Issue Size | Rs 500.75 crore |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 21 September 2026 |
| Listing Date | 23 September 2026 |
SS Retail IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2.
| Session | Overall | NII | Retail | QIB |
|---|---|---|---|---|
| Day 1 close (16 Sep, 4:59 PM) | 1.52x | 1.60x | 2.32x | 0.21x |
| Day 2 close (17 Sep, 4:58 PM) | 6.08x | 10.41x | 7.95x | 0.24x |
| Day 3, closing day so far (18 Sep) | Updating through the session | |||
Non-institutional investors have driven the demand for the issue through the bidding window, with retail also comfortably past full subscription, while the QIB book still has significant room to grow. With bidding open until the end of today’s session, the final subscription numbers for the issue should be confirmed on the NSE and BSE websites once the window shuts.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the SS Retail IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 403 to Rs 424 band, in multiples of 35 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue has closed out its bidding window with strong momentum, running at around 6.08 times overall by the close of Day 2, led by NII and retail demand. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the SS Retail IPO subscription status on Day 3?
Ans. On the closing day, 18 September 2026, the issue carries forward a Day 2 close of 6.08 times overall, with NII at 10.41 times, retail at 7.95 times, and QIB at 0.24 times, and figures are updating through today’s final session.
When does the SS Retail IPO close?
Ans. The issue closes for subscription today, 18 September 2026, having opened on 16 September 2026.
What is the SS Retail IPO price band and lot size?
Ans. The issue price band is Rs 403 to Rs 424 per share, with a lot size of 35 shares, taking the minimum investment to about Rs 14,840 at the upper price band.
Which category led the SS Retail IPO subscription?
Ans. Non-institutional investors led the issue through Day 2, reaching 10.41 times, ahead of retail at 7.95 times, while QIB stood at 0.24 times as of the Day 2 close.
What is the SS Retail IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the SS Retail IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 35 shares within the Rs 403 to Rs 424 band and approving the UPI mandate before today’s cut off.
When will the SS Retail IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 21 September 2026, with listing on both NSE and BSE tentatively scheduled for 23 September 2026.
What will happen to allotment given how oversubscribed the SS Retail IPO is?
Ans. With the issue running well past full subscription in the NII and retail categories, retail allotment will likely be decided by computerised lottery for the minimum lot, while NII allotment will be proportionate, giving a smaller share per applicant the more heavily the category is subscribed.
What is the issue structure of the SS Retail IPO?
Ans. The issue is worth about Rs 500.75 crore, comprising a fresh issue of about 85.08 lakh shares worth Rs 360.75 crore and an offer for sale of about 33.02 lakh shares worth Rs 140 crore.
What does SS Retail Limited do?
Ans. SS Retail Limited operates a multi-brand mobile phone and electronics retail chain with a strong presence in Tier II and Tier III cities, expanding from 236 stores in March 2024 to 503 stores by March 2026.
