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.
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.
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.
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.
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.
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|
| 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 |
A quick overview of the key financial performance of SS Retail Limited.
*All values are in Rs. Cr
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 |
| 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 |
| 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
-
|
