SS Retail IPO
SS Retail opens for subscription on 16 Sept 2026 and closes on 18 Sept 2026, at a price band of ₹403 – ₹424 with a lot of 35 shares. Listing is expected on 23 Sept 2026.
Updated 22 Oct 2026
Important dates
Opens
16 Sept 2026
Closes
18 Sept 2026
Allotment
21 Sept 2026
Listing
23 Sept 2026
IPO details
| Price band | ₹403 – ₹424 |
|---|---|
| Lot size | 35 shares |
| Minimum investment | ₹14,840 |
| Issue size | ₹500.75 crore |
| Face value | ₹10 per share |
| Board | Mainboard |
| Listing at | BSE, NSE |
| Retail quota | 35% |
| EPS | ₹9.11 |
| RoNW | 32.6% |
Grey market premium (GMP)
Last reported GMP: ₹160 (37.7%), an unofficial estimated listing price near ₹584 or about ₹5,600 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 107.41 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.21× | 1.61× | 2.33× | 1.52× |
| Day 2 | 0.24× | 10.43× | 7.97× | 6.1× |
| Day 3 | 214.22× | 150.33× | 35.81× | 107.41× |
How many lots can you apply for?
At the upper price band. Retail bids go up to ₹2 lakh, small NII (sHNI) above ₹2 lakh up to ₹10 lakh, and big NII (bHNI) above ₹10 lakh.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 35 | ₹14,840 |
| Retail (max) | 13 | 455 | ₹1,92,920 |
| sHNI (min) | 14 | 490 | ₹2,07,760 |
| sHNI (max) | 67 | 2,345 | ₹9,94,280 |
| bHNI (min) | 68 | 2,380 | ₹10,09,120 |
See IPO categories explained for how allotment works in each.
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 1,208.04 | 1,172.83 | 26.65 |
| FY25 | 1,599.96 | 1,547.07 | 39.86 |
| FY26 | 2,352.85 | 2,271.4 | 59.28 |
About SS Retail
SS Retail, founded in June 2016, is a retail chain for mobile phones, accessories, and other electronic items. The firm sells its products under the brands ‘SS Mobile’, ‘Mobile Exchange Wala ’, and ‘The Mobile Space’ through both company-owned and franchise-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 2026, SS Retail has expanded to 536 stores across Maharashtra, Karnataka, Madhya Pradesh, Goa and Gujarat, spanning approximately 2,60,597 sq. ft. Moreover, as of March 2026, SS Retail was the largest mobile phone retail chain in West India and Maharashtra and the third largest in India among its competitors.
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
Allotment status and registrar
Kfin Technologies Ltd. is the registrar. After 21 Sept 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 040-79615565 · ssretail.ipo@kfintech.com
Lead managers and offer documents
- Anand Rathi Advisors Ltd.
- Emkay Global Financial Services Ltd.
SS Retail IPO: FAQs
When does the SS Retail IPO open and close?
The SS Retail IPO opens on 16 Sept 2026 and closes on 18 Sept 2026.
What is the SS Retail IPO price band?
The price band is ₹403 – ₹424 per share (face value ₹10).
What is the SS Retail IPO lot size?
One lot is 35 shares, so the minimum investment is ₹14,840 at the upper price band.
When is the SS Retail IPO allotment date?
Allotment is expected on 21 Sept 2026. Check the status on the registrar's site (Kfin Technologies Ltd.) or the BSE/NSE allotment pages using your PAN.
When will SS Retail shares list?
Listing is expected on 23 Sept 2026 on BSE, NSE.
What is the SS Retail IPO GMP today?
The grey market premium was about ₹160 (37.7%) when this page was last updated, implying an unofficial estimated listing near ₹584. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.