CKK Retail Mart IPO

C K K Retail Mart Ltd

₹2,48,000 /800 sharesMinimum Investment

CKK Retail Mart IPO listing details

Listed onIssue priceListing priceListing gains
--₹163.00₹163.00₹0.00 (0.00%)

CKK Retail Mart IPO Details

Bidding datesMinimum investmentLot sizePrice range
30 Jan ‘26 - 3 Feb ‘26₹2,48,000800₹155 - ₹163
Issue sizeIPO docTentative allotment dateTentative listing date
88.02 Cr
RHP PDF
04 Feb ‘2606 Feb ‘26
Face value
10

Subscription rate

As of 03 Feb'26, 05:01 PM
Qualified Institutional Buyers1.56x
Non-Institutional Investor2.13x
Retail Individual Investor2.13x
Total1.59x

About CKK Retail Mart

CKK Retail Mart Limited is engaged in the distribution and trading of packaged products catering to retail and wholesale businesses. The company focuses primarily on packaged agro-commodities and consumer food products. Its product portfolio includes packaged agro-commodities such as sugar, rice, and pulses, along with packaged products like milk powder and soft drinks, including carbonated and fruit-based beverages. It also expanded its offerings with the launch of “FruitzzzUp,” a fruit pulp-based juice brand. In addition to its core distribution activities, the company also undertakes consultancy assignments occasionally. The company operates through a distribution-led business model using a three-tier distribution structure and a direct-to-distributor model, supplying products across regions including Maharashtra, Bihar, West Bengal, and the north eastern states of India. It is registered and licensed with the Food Safety and Standards Authority of India (FSSAI) under the Food and Drugs Control Administration of Maharashtra.;
Founded in
2005
MD/CEO
Ms Hiral Jayeshkumar Shah
Parent organisation
C K K Retail Mart Ltd

Strengths & Risks of CKK Retail Mart

Strengths
Risks
CKK Retail Mart claims to have built long-standing relationships with its suppliers, which it states help in the timely and efficient sourcing of products. As of September 30, 2025, the company reports having a network of 23 distributors and 15 super stockists, enabling wider market access across several Indian states.
The company operates through a three-tier distribution model as well as a direct-to-distributor model. It claims that the super-stockist-led structure allows upfront payments, which helps reduce credit risk and working capital requirements while supporting higher-volume distribution.
CKK Retail Mart offers a diversified range of packaged products, including sugar, rice, pulses, milk powder, and soft drinks. This diversification enables the company to cater to multiple customer segments and adjust its product mix in response to demand trends.
The company claims to have expanded its product portfolio beyond agro-commodities by entering the beverage segment, including carbonated drinks, and launching its fruit pulp-based juice brand, “FruitzzzUp,” in April 2025. The sales of carbonated beverages increased from nil in FY23 to Rs 0.05 crore in FY24 and further to 0.28 crore in FY25.
CKK Retail Mart has a geographically diversified revenue base, with domestic sales across states such as Maharashtra, West Bengal, Bihar, and select north-eastern regions. It also reports export sales to markets including the UAE, Tanzania, and Singapore.
The company is registered and licensed with the Food Safety and Standards Authority of India (FSSAI) under the Food and Drugs Control Administration of Maharashtra.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT). Revenue from operations increased from Rs 103.27 crore in FY23 to Rs 233.02 crore in FY24 to Rs 301.19 crore in FY25, while PAT increased from Rs 4.51 crore in FY23 to Rs 12.67 crore in FY24 to Rs 16.36 crore in FY25.
The company derives a sizable portion of its revenue from sugar trading. Revenue from sugar stood at Rs 159.33 crore (99.94%) for the period ended September 30, 2025, Rs 300.52 crore (99.78%) in FY25, Rs 226.48 crore (97.19%) in FY24, and Rs 100.20 crore (97.02%) in FY23. Any adverse changes in sugar prices, government policies, climatic conditions affecting sugarcane output, or global sugar market dynamics can materially impact the company’s business and financial performance.
The sugar industry in India is highly regulated, with frequent interventions such as export bans, stock limits, pricing controls, and changes in subsidy structures. Any adverse changes in government policies, including restrictions on sugar exports or revisions in pricing mechanisms, can negatively affect the company’s revenues, margins, and growth prospects.
The company is dependent on a limited number of suppliers for its agro-commodities. Purchases from the top five suppliers accounted for 80.18% of total purchases for the period ended September 30, 2025, 65.64% in FY25, 88.54% in FY24, and 97.03% in FY23. Any disruption, delay, or deterioration in relationships with these suppliers could adversely affect product availability, pricing, and order fulfilment, which may negatively impact the company’s business and financial performance.
A significant portion of the company’s revenue is derived from a limited number of customers. Revenue from the top 10 customers amounted to Rs 144.47 crore (90.62%) for the period ended September 30, 2025, Rs 269.79 crore (89.58%) in FY25, Rs 207.21 crore (88.92%) in FY24, and Rs 102.93 crore (99.67%) in FY23. Any loss of key customers or reduction in demand from them can materially affect the company’s revenues and cash flows.
The company recorded negative operating cash flows of Rs 2.08 crore in FY23. It also reported negative investing cash flows of Rs 16.45 crore for the period ended September 30, 2025 and Rs 3.45 crore in FY24. Additionally, negative cash flows from financing activities amounted to Rs 0.01 crore for the period ended September 30, 2025, Rs 0.01 crore in FY25, and Rs 0.04 crore in FY24. If cash outflows continue to exceed inflows, the company may face liquidity challenges.
The company’s working capital requirement is projected to increase from Rs 25.60 crore in FY25 to Rs 110.51 crore by FY27, driven by higher inventories and receivables. Inability to fund these requirements through internal accruals or IPO proceeds may strain liquidity and operations.
The company does not own manufacturing facilities for its beverage products and relies on third-party manufacturers. Any disruption in these arrangements, quality issues, or cost increases could adversely affect product availability, brand reputation, and margins.
The company, its promoters, and group companies are involved in certain legal proceedings, with matters involving amounts aggregating to over Rs 22.31 crore at the group company level. Any adverse rulings or penalties in these cases may impact the company’s reputation, financial condition, and investor confidence.

CKK Retail Mart Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of CKK Retail Mart IPO

Apply asPrice bandApply RangeLot size
Individual investor155 - 163₹2 - 5 Lakh800
For CKK Retail Mart IPO, eligible investors can apply as Individual investor.

About CKK Retail Mart IPO

CKK Retail Mart IPO Timetable (Tentative)

IPO Open Fri, Jan 30, 2026
IPO Close Tue, Feb 3, 2026
IPO Allotment Wed, Feb 4, 2026
Refund Initated Thu, Feb 5, 2026
Credit of Shares Thu, Feb 5, 2026
Listing of Shares Fri, Feb 6, 2026

Objective of CKK Retail Mart IPO

Objective Allocation (₹ Crore) Description
Acquisition of Leasehold Plots & Warehouses ₹10.20 Cr
To fund purchase of leasehold plots & existing warehouses.
Repair & Refurbishment of Warehouses ₹1.90 Cr
To repair and refurbish warehouses on the acquired leasehold plots.
Working Capital Requirements ₹43.00 Cr
To support day-to-day operations like inventory, receivables, etc.
General Corporate Purposes ₹12.29 Cr
Balance of the fresh issue for general business purposes.
Total Fresh Issue ₹67.39 Cr
Total fresh capital being raised and utilised by the company.

CKK Retail Mart IPO Registrar

Bigshare Services Pvt.Ltd.

Phone No.: +91-22-6263 8200
Email: [email protected]

CKK Retail Mart IPO Lead Manager

Oneview Corporate Advisors Pvt.Ltd.

CKK Retail Mart Contact Details

CKK Retail Mart Ltd.
Address
Aurus Chambers,
B - 418, Near Mahindra Tower,
S SAmrutwar Lane, Worli,
Mumbai, Maharashtra, 400013
Phone no.: +91 8275286155
Email: [email protected]