SS Retail
23 Sep '26MAINBOARD
Min. Investment
₹14,105
Issue size
₹500 Cr
GMP
Locked
Overall subscription: 1.41x
Expert verdict
IPO dates
16 Sep
Opening
18 Sep
Closing
21 Sep
Allotment
23 Sep
Listing
*Refunds will be initiated on 22 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 35 | ₹14,840 |
| HNI (Min) | 14 | 490 | ₹2,07,760 |
Subscription (as on 16 September 2026, 05:30 PM)
Overall1.41x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2016|MD: Mr Siddharth Gunvant Shah
- SS Retail is a multi-brand retail chain engaged in selling mobile phones, accessories, and other electronic items. The company operates across Maharashtra, Karnataka, Madhya Pradesh, Goa, and Gujarat and serves customers across metros, mini-metros, Tier I, Tier II, Tier III, and beyond cities.
- Its stores covered a total area of 241,365 square feet as of March 31, 2026.
- The company had expanded its store network from 236 stores across 109 cities as of March 31, 2024, to 503 stores across 215 cities as of March 31, 2026, including 458 in Maharashtra. The company commenced operations in Gujarat in FY27.
- Use of proceeds:
- The IPO consists of both a fresh issue and an offer for sale (OFS). Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes:
- Funding capital expenditure for setting up new stores in FY27 and FY28 — Rs 12.45 crore
- Part funding the incremental working capital requirements of the company — Rs 241.35 crore
- General corporate purposes.
Issue Details & Objective
Lot size
35 Shares
Price band
₹403 to 424
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 29.24%
QIB - 19.49%
HNI - 14.62%
Retail - 34.11%
Employee - 2.55%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of SS Retail IPO is ₹500 Cr
The SS Retail IPO will be open for applications from 16 Sep '26 to 18 Sep '26
The lot size of SS Retail IPO is 35 Shares and its minimum investment amount is ₹14,105.
