SS Retail Shares List at 51% Premium on BSE
SS Retail Shares List at 51% Premium on BSE
SS Retail made its stock market debut on Wednesday, September 23, 2026, with its shares listing at a 50.73% premium on the BSE. The stock opened at ₹639.10 apiece on the BSE against its IPO issue price of ₹424 per share. On the NSE, the shares debuted at ₹624 per share, representing a 47.17% premium over the issue price.
The company’s ₹500.00 crore IPO was open for subscription from September 16 to September 18, 2026, and witnessed strong investor interest. The issue was subscribed 103.30 times by the end of the bidding period.
SS Retail IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue + OFS)
- Total Issue Size: Up to ₹500.00 crore
- Fresh Issue: Up to ₹360.00 crore
- Offer for Sale (OFS): Up to ₹140.00 crore
- Face Value: ₹10 per equity share
- Price Band: ₹403 to ₹424 per share
- Lot Size: 35 shares
- Minimum Investment Amount (Retail Investor): ₹14,840 (35 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: Anand Rathi Advisors Limited, Emkay Global Financial Services Limited
- Registrar: KFin Technologies Limited
Explore other Upcoming IPOs on BSE and NSE.
SS Retail IPO Overall Subscription Status
[September 18, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
203.61x |
|
Non-Institutional Investors (NIIs) |
143.32x |
|
Retail Individual Investors (RIIs) |
36.36x |
|
Total |
103.30 |
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- 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 the company
- General corporate purposes.
About SS Retail Limited
Incorporated in 2016, SS Retail Limited is a mobile phone and accessories retailer with a strong presence across Tier II, Tier III, and smaller cities in Maharashtra, Karnataka, Madhya Pradesh, Goa, and Gujarat.
As of March 31, 2026, the company operated 503 stores across 215 cities, including 458 stores in Maharashtra, making it the largest mobile phone retail chain in Maharashtra and West India. Between 2024 and 2026, it expanded its store network from 236 to 503 outlets, reflecting rapid growth in its retail footprint.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
2,351.03 |
1,597.93 |
1,206.74 |
|
EBITDA |
125.15 |
80.44 |
56.50 |
|
Profit After Tax (PAT) |
59.28 |
39.86 |
26.65 |
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