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SS Retail IPO

SS Retail, founded in June 2016, is a retail chain for mobile phones, accessories, and other electronic items. The firm sells its products under the brands ‘SS Mobile’, ‘Mobile Exchange Wala ’, and ‘The Mobile Space’ through both company-owned and franchise-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.

IPO GMP

+₹160

+38% expected gain

Price Band

₹403 - ₹424

Lot Size

35 shares

Min Investment

₹14,840

Listing Date

September 23, 2026

About SS Retail

Company overview, business, and key facts.

SS Retail, founded in June 2016, is a retail chain for mobile phones, accessories, and other electronic items. The firm sells its products under the brands ‘SS Mobile’, ‘Mobile Exchange Wala ’, and ‘The Mobile Space’ through both company-owned and franchise-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 2026, SS Retail has expanded to 536 stores across Maharashtra, Karnataka, Madhya Pradesh, Goa and Gujarat, spanning approximately 2,60,597 sq. ft. Moreover, as of March 2026, SS Retail was the largest mobile phone retail chain in West India and Maharashtra and the third largest in India among its competitors.

Founded

2016

Headquarters

Kolhapur, Maharashtra

Promoters

Siddharth Gunvant Shah, Deepa Siddharth Shah, Harshal Kishor Parekh, Bhavini Harshal Parekh

IPO Details

Issue TypeBook build Issue
Face Value₹10
Price Band₹403 - ₹424
Lot Size35 shares
Total Issue Size₹500.75 Cr
Fresh Issue₹360.75 Cr
Offer for SaleApprox 33,01,884 Equity Shares
Listing AtBSE, NSE

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)203.61x
Non-Institutional (NII)143.23x
Retail Individual (RII)35.81x
Total Subscription103.01x

Financials

Restated summary financials for the most recent periods.

PeriodRevenueProfitAssets
2024 (Standalone)₹1,208.04₹26.65₹278.25
2025 (Standalone)₹1,599.96₹39.86₹389.44
2026 (Consolidated)₹2,352.85₹59.28₹575.42

Figures are indicative and restated for presentation.

SS Retail IPO Key Numbers

Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

Market cap at upper band

₹3,153.4 Cr

Post-IPO shares × upper price band

ROE / ROCE

30.6% / 29.3%

As published in the offer document

Debt to equity

0.58

Promoter holding

75.74% → 62.63%

Before → after the IPO

Issue mix

72% fresh / 28% sale

Fresh issue goes to the company, offer for sale to selling shareholders

GMP-implied gain per lot

₹5,600

35 shares on ₹14,840. GMP is unofficial.

Watch-outs

  • 1 use-of-proceeds item(s) have no disclosed amount.
Listing price scenarios
If the current GMP holds₹584.00+37.7%
If the grey market premium disappears₹424.000%

Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

Not yet available for this IPO: published risk factors.

IPO Analysis SummaryAI-generated

A plain-language review of SS Retail's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

SS Retail IPO Review

Analysis based on live GMP, subscription, and issue details.

As of today, SS Retail IPO is trading at a grey market premium (GMP) of +₹160 (+38% estimated listing gain), indicating positive market sentiment.

The IPO has been subscribed 103.01x overall — QIB: 203.61x, NII: 143.23x, Retail: 35.81x.

SS Retail IPO subscription has closed. The shares are expected to list on September 23, 2026.

The minimum investment required is ₹14,840 for 35 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

SS Retail IPO — Frequently Asked Questions

What is SS Retail IPO GMP today?

SS Retail IPO GMP (grey market premium) today is +₹160, suggesting an estimated listing gain of +38%. GMP is indicative and subject to change.

What is the price band of SS Retail IPO?

The price band for SS Retail IPO is ₹403 - ₹424 with a lot size of 35 shares. The minimum investment required is ₹14,840.

When is SS Retail IPO allotment date?

SS Retail IPO allotment is expected to be finalised on September 21, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.

When will SS Retail IPO list on NSE/BSE?

SS Retail IPO is expected to list on BSE, NSE on September 23, 2026.

How to check SS Retail IPO allotment status?

To check SS Retail IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

Should I apply for SS Retail IPO?

SS Retail IPO is showing a strong GMP of +₹160 (+38%), indicating positive market sentiment for listing gains. However, GMP is informal and not a guarantee of returns. Evaluate the company's fundamentals, price band, and your own risk appetite before applying. IPOLyst is not a SEBI-registered investment advisor — please do your own research.

What is the lot size of SS Retail IPO?

The lot size for SS Retail IPO is 35 shares per lot. The minimum investment for retail investors is ₹14,840. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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