The SS Retail IPO opened for subscription on September 16, 2026, and will close on September 18, 2026. The mainboard IPO has a price band of ₹403 to ₹424 per share and an issue size of around ₹500.75 crore. The issue comprises a fresh issue of ₹360.75 crore and an offer for sale of around ₹140 crore.
| Particular | Details |
|---|---|
| IPO Name | SS Retail IPO |
| IPO Dates | Sep 16–18, 2026 |
| IPO Type | Mainboard |
| Price Band | ₹403–₹424 |
| Issue Size | ₹500.75 Cr |
| Fresh Issue | ₹360.75 Cr |
| OFS | ₹140 Cr |
| Lot Size | 35 Shares |
| Min Investment | ₹14,840 |
| Allotment | Sep 21, 2026 |
| Refund/Demat | Sep 22, 2026 |
| Listing Date | Sep 23, 2026 |
| Listing | NSE & BSE |
SS Retail IPO GMP Today
The latest SS Retail IPO GMP was reported around ₹128 per share when the issue opened. At the upper price band of ₹424, this indicated an unofficial estimated price of around ₹552 and a potential premium of approximately 30%. Later market updates reported GMP around the 19% level, showing that the grey-market indication can change quickly.
The SS Retail IPO GMP is unofficial and is not a guarantee of the actual listing price.
SS Retail IPO Subscription Status
The SS Retail IPO received 1.44 times subscription on Day 1, September 16, according to exchange-linked data. Retail investors subscribed 2.20 times, while the NII portion was subscribed 1.53 times. QIB subscription excluding anchors stood at 0.20 times at the end of Day 1.
| Category | Day 1 Subscription |
|---|---|
| QIB | 0.20x |
| NII | 1.53x |
| Retail | 2.20x |
| Overall | 1.44x |
The SS Retail IPO remains open until September 18, so the final subscription figures can change from the Day 1 numbers.
SS Retail IPO Company Business
SS Retail Limited operates a multi-brand retail chain focused on mobile phones, pre-owned smartphones, accessories and other electronic products. The company has operations across Maharashtra, Karnataka, Madhya Pradesh and Goa, with Gujarat added to its operating footprint in FY27.
The business follows a multi-brand retail model, giving customers access to smartphones, electronic products and related accessories through its retail network.
SS Retail IPO Financial Performance
The financial performance of SS Retail has shown growth in recent years. The company reported revenue of ₹2,352.85 crore in FY26 compared with ₹1,599.96 crore in FY25. Profit increased to ₹59.28 crore in FY26 from ₹39.86 crore in FY25.
| Financial Year | Revenue | PAT |
|---|---|---|
| FY25 | ₹1,599.96 Cr | ₹39.86 Cr |
| FY26 | ₹2,352.85 Cr | ₹59.28 Cr |
The improvement in revenue and profit is one of the key financial developments investors are watching during the SS Retail IPO.
SS Retail IPO Objects of the Issue
The fresh issue proceeds from the SS Retail IPO are intended to support the company's business requirements and expansion plans. The fresh issue is approximately ₹360.75 crore, while the OFS component is around ₹140 crore.
The IPO therefore provides the company with fresh capital while also allowing existing shareholders to sell part of their holdings through the offer for sale portion.
SS Retail IPO Key Highlights
The SS Retail IPO brings a consumer-facing retail business to the mainboard market with a focus on mobile phones, smartphones, accessories and electronic products. The company has also expanded its geographical presence across multiple Indian states.
The IPO has attracted attention from investors, with Day 1 subscription reaching 1.44x and the grey market indicating a premium, although GMP remains unofficial and subject to change.
SS Retail IPO Important Dates
The SS Retail IPO opened on September 16 and will close on September 18, 2026. The basis of allotment is expected on September 21, refunds and demat credit are scheduled for September 22, and the shares are expected to list on NSE and BSE on September 23, 2026.
SS Retail IPO Conclusion
The SS Retail IPO is a ₹500.75 crore mainboard issue priced between ₹403 and ₹424 per share. The IPO has a 35-share lot size, making the minimum application amount ₹14,840 at the upper price band.
With Day 1 subscription at 1.44x and changing GMP indications, the SS Retail IPO remains an active issue to watch during the remaining subscription period. Investors should consider the company's financial performance, retail expansion, competitive environment and the latest official disclosures before making an investment decision.
Disclaimer: SS Retail IPO GMP is unofficial and can change frequently. GMP should not be considered a guaranteed listing price. Investors should verify the latest IPO documents and exchange disclosures before making any investment decision.
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