SS Retail IPO

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.