SS Retail IPO
Retail • ₹500 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- The company derives a significant portion of its revenue from retailing mobile phones, whi…
- The company’s purchases from its top 10 suppliers stood at Rs 1,719.43 crore in FY26, acco…
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹403-424
Lot Size
35 shares
Issue Size
₹500 Cr
Open
16 Sept 2026
Close
18 Sept 2026
Subscription
—
GMP +₹30 → est. ₹454
About SS Retail
SS Retail is a multi-brand retail chain engaged in selling mobile phones, accessories, and other electronic items. The company operates across Maharashtra, Karnataka, Madhya Pradesh, Goa, and Gujarat and serves customers across metros, mini-metros, Tier I, Tier II, Tier III, and beyond cities. Its stores covered a total area of 241,365 square feet as of March 31, 2026. The company had expanded its store network from 236 stores across 109 cities as of March 31, 2024, to 503 stores across 215 cities as of March 31, 2026, including 458 in Maharashtra. The company commenced operations in Gujarat in FY27. Use of proceeds: The IPO consists of both a fresh issue and an offer for sale (OFS). Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes: Funding capital expenditure for setting up new stores in FY27 and FY28 — Rs 12.45 crore Part funding the incremental working capital requirements of the company — Rs 241.35 crore General corporate purposes.
Company Details
Founders / Promoters
Mr Siddharth Gunvant Shah
Founded
2016
Registrar
KFin Techologies Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Grey Market Premium (GMP)
Issue Price
₹424
GMP
+₹30
Est. Listing
₹454
Est. Gain
+7.1%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
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FAQ
What is the price band of SS Retail IPO?
The price band is ₹403-424 per share with a lot size of 35 shares. Minimum investment: ₹14,840.
What does SS Retail do?
SS Retail is a multi-brand retail chain engaged in selling mobile phones, accessories, and other electronic items. The company operates across Maharashtra, Karnataka, Madhya Pradesh, Goa, and Gujarat and serves customers across metros, mini-metros, Tier I, Tier II, Tier III, and beyond cities. Its stores covered a total area of 241,365 square feet as of March 31, 2026. The company had expanded its store network from 236 stores across 109 cities as of March 31, 2024, to 503 stores across 215 cities as of March 31, 2026, including 458 in Maharashtra. The company commenced operations in Gujarat in FY27. Use of proceeds: The IPO consists of both a fresh issue and an offer for sale (OFS). Net proceeds from the OFS will go to the respective selling shareholders, while the net proceeds from the fresh issue will be utilised for the following purposes: Funding capital expenditure for setting up new stores in FY27 and FY28 — Rs 12.45 crore Part funding the incremental working capital requirements of the company — Rs 241.35 crore General corporate purposes.
Should I apply for SS Retail IPO?
SS Retail is a Retail mainboard IPO and opens 16 Sept 2026 with a ₹403-424 price band (₹500 Cr issue) — subscription data is not live yet, so demand signals are unavailable. Unofficial grey market premium is around ₹30, roughly 7% above the ₹424 upper band for this Retail IPO — useful as a sentiment check before listing, but not verified by NSE/BSE/SEBI.
Who founded SS Retail?
SS Retail was founded by Mr Siddharth Gunvant Shah in 2016.