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SS Retail Ltd
Upcoming NSE & BSE Bookbuilding IPO

SS Retail Ltd IPO

GMP Today
+₹106
+25%
Issue Price
₹424
Est. Listing: ₹530
IPO Overview
Quick facts
Issue Price
₹424
Lot Size
35 shares
Min. Investment
₹14,840
Issue Size
1,18,10,182 shares (agg. up to ₹501 Cr)
Face Value
₹10
Issue Type
Bookbuilding IPO
Listing Exchange
NSE & BSE
Script Code
Important Dates
IPO Open
16 Sep 2026
IPO Close
18 Sep 2026
Allotment
21 Sep 2026
Refund Init.
22 Sep 2026
Demat Credit
22 Sep 2026
Listing Date
23 Sep 2026
Financial Highlights

Amount in ₹ Crore

Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Revenue 235215991208
PAT 593926
EBITDA 1258056
Net Worth 225141101
Total Assets 575389278
Reserves 15912888
Borrowings 162125110
ROE
30
ROCE
29
RONW
32
PAT Margin
2
EBITDA Mgn
5
D/E Ratio
0
P/B Value
12
Pre EPS
9
Post EPS
7
Pre P/E
47
Post P/E
53
Objects of Issue
  • 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 Company
  • General Corporate Purposes
  • {"object":null,"expected_amount":null}
About SS Retail Ltd

Incorporated 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. 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.

The Company follows a scalable retail model comprising COCO, COFO and FOFO formats and uses local franchisee partnerships to expand its presence in regional markets. 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.

Competitive Strengths

  • Large and rapidly expanding retail store network.
  • Scalable COCO, COFO and FOFO business models.
  • Strong presence in Tier II and Tier III and beyond cities.
  • Strong customer reach through local franchisee partnerships.
  • Largest mobile phone retail chain in West India and Maharashtra.
  • Experienced Promoter and management team with strong domain expertise.
  • Wide product portfolio with focus on mobile phones, accessories and electronic items.
  • Established brand presence through SS Mobile, Mobile Exchange Wala and The Mobile Space.
Apply for This IPO
₹424
Min. ₹14,840 · 35 shares/lot
Expected Listing ₹530
GMP +₹106 (+25%)
Close Date 18 Sep 2026
Pre-Issue
6,58,63,500 shares
Post-Issue
7,43,71,798 shares
Company Contact
Registrar
Kfin Technologies Ltd
  • 040-79615565
  • ssretail.ipo@kfintech.com
Lead Managers
  • Anand Rathi Advisors Ltd
  • Emkay Global Financial Services Ltd
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