• IPO Open Date
  • 16th Sep 2026
  • IPO Close Date
  • 18th Sep 2026
  • Allotment date
  • 21st Sep 2026
  • Listing date
  • 23rd Sep 2026
  • Issue Size
  • ₹ 501 Cr.
  • Issue Price Band
  • ₹ 403 to 424
  • Lot Size
  • 35 Share
  • Minimum Investment
  • ₹ 14840

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About SS Retail Limited

Incorporated in 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.

Brands & Formats

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.

It follows a scalable retail model comprising COCO, COFO, and FOFO formats and uses local franchisee partnerships to expand its presence in regional markets.

Product Portfolio

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.

Network Expansion

As of July 31, 2026, its retail network had expanded to 536 stores covering approximately 2,60,597 sq. ft.

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.

Workforce

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



Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
Updated on N/A

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
11-09-2026 ₹424 ₹36 ₹460 ( 8.49% ) ₹1,260.00 11-Sep-2026 04:05 PM
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of SS Retail Limited

A quick overview of the key financial performance of SS Retail Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue increased by 47%, Profit after Tax (PAT) increased by 49%, Total Assets increased by 48% between FY2025 and FY2026.

Period Ended FY2024 FY2025 FY2026
Revenue 1,206.74 1,597.93 2,351.03
Assets 278.25 389.44 575.42
Total Income 1,208.04 1,599.96 2,352.85
Profit After Tax 26.64 39.86 59.28
EBITDA 56.50 80.44 125.15
Net Worth 101.51 141.37 225.71
Reserves & Surplus 88.52 143.18 159.58
Total Borrowings 110.43 125.36 162.59
Amount in ₹ Crore

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 35 ₹ 14,840
Retail (Max) 13 455 ₹ 1,92,920
S-HNI (Min) 14 490 ₹ 2,07,760
S-HNI (Max) 67 2,345 ₹ 9,94,280
B-HNI (Min) 68 2,380 ₹ 10,09,120

Key Performance Indicators (KPI)

KPI Latest
ROE (%) 30.6
ROCE (%) 29.3
Debt / Equity 0.7
RoNW (%) 32.6
PAT Margin (%) 2.52
EBITDA Margin (%) 5.32
Pre IPO
Post IPO
EPS (₹)
9.11
-
P/E (x)
-
-
Promoter Holding (%)
75.7
-
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • Anand Rathi Advisors Limited

Lead Manager Details

  • Emkay Global Financial Services Limited

IPO Registrar

  • Registrar Name
  • KFin Technologies Limited
  • Phone
  • +91 40 6716 2222 / 1800 309 4001
  • Contact Person
  • M. Murali Krishna
  • SEBI Registration Number
  • INR000000221
  • Address
  • Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad 500032, Telangana, India

Company Contact Details

  • Company Name
  • SS Retail Limited
  • Phone
  • +91 90961 91222
  • Contact Person
  • Kishor Babaso Hupare
  • Corporate Identity Number
  • U51599PN2016PLC164991
  • Address
  • 399, E, Basant Bahar Road, Ratikmal Complex, Shop 6-7, Kolhapur - 416003, Maharashtra, India

SS Retail Limited FAQs

The SS Retail Limited IPO is a MAIN IPO with a total issue size of ₹ 501 crores. The IPO price band is fixed at ₹403 to ₹ 424 per share, and the minimum lot size is 35 Shares. The SS Retail Limited IPO will open on 16th Sep 2026, and will close on 18th Sep 2026. KFin Technologies Limited has been appointed as the registrar for the issue. The equity shares are proposed to be listed on NSE.

The SS Retail Limited IPO opens on 16th Sep 2026 and closes on 18th Sep 2026.

The SS Retail Limited IPO lot size is 35 Share, and the minimum amount required for application is ₹ 14840.

You can apply for the SS Retail Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select SS Retail Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The SS Retail Limited IPO listing date is 23rd Sep 2026.
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