SS Retail IPO Day 3: Subscription Crosses 6x, GMP at ₹80 & Key Details

SS Retail IPO Day 3: Subscription Crosses 6x, GMP at ₹80 – Check GMP, Subscription & Listing Date

The SS Retail IPO has attracted strong investor interest as the ₹500 crore public issue enters its final subscription day on September 18, 2026. The IPO has reportedly received more than six times subscription, while its grey market premium (GMP) stands at approximately ₹80 per share.

The strong response has placed SS Retail among the closely watched IPOs of the week. Investors are tracking the final subscription figures, GMP movement and the company's upcoming listing.

SS Retail IPO: Key Details

The IPO consists of a fresh issue worth ₹360 crore and an Offer for Sale of ₹140 crore. The price band has been fixed between ₹403 and ₹424 per share, with a lot size of 35 shares.

SS Retail IPO Subscription Status

The SS Retail IPO has witnessed considerable demand during its subscription period.

According to reports, the issue was subscribed more than six times by the final day. On Day 2, subscription stood at approximately 5.78 times based on reported exchange data. Investor participation was particularly strong in the retail and non-institutional categories.

The final subscription figure will be available after the bidding window closes on September 18.

Investors should check the latest subscription data through the official stock exchange platforms because figures can change throughout the trading session.

SS Retail IPO GMP Today

The grey market premium for SS Retail shares has been reported at approximately ₹80 per share.

At the upper price band of ₹424, a GMP of ₹80 indicates an unofficial estimated price of approximately ₹504.

Indicative GMP Calculation

• Upper IPO Price: ₹424
• Reported GMP: ₹80
• Indicative Price: ₹504

This represents an indicative premium of approximately 18.87% over the upper price band.

However, GMP is an unofficial market indicator. It can change before listing and does not guarantee the actual listing price or investment returns.

SS Retail IPO Business Overview

SS Retail Limited operates a multi-brand retail business focused on mobile phones, accessories and consumer electronics.

The company operates through brands such as Mobile Exchange Wala and The Mobile Space. Its retail network focuses on markets beyond major metropolitan cities, including Tier-2 and Tier-3 locations.

The company has also expanded its store network and acquired the GIZMORE brand, according to company information reported by market platforms.

How Will SS Retail Use IPO Funds?

The proceeds from the fresh issue are intended for several business purposes, including:

• Funding incremental working capital requirements
• Capital expenditure for new store fit-outs
• Expansion during financial years 2027 and 2028
• General corporate purposes

The fresh issue proceeds will go to the company, while the OFS proceeds will go to the selling shareholders.

SS Retail IPO Allotment Date

The basis of allotment is expected to be finalised on September 21, 2026.

The tentative schedule is as follows:

These dates are tentative and may be updated by the registrar or stock exchanges.

How to Check SS Retail IPO Allotment Status

Investors can check their allotment status through the IPO registrar, KFin Technologies.

Generally, applicants need to provide one of the following details:

• PAN number
• Application number
• DP ID or Client ID

Applicants should visit the registrar's official website and select SS Retail from the available IPO list once the allotment status is published.

Investors can also check relevant updates through the stock exchange websites.

What Investors Should Consider Before Applying

Strong subscription numbers and positive GMP can attract investor attention, but they should not be the only factors considered before applying.

Investors should review:

• Company's revenue and profitability
• Valuation at the upper price band
• Store expansion plans
• Working capital requirements
• Competition in mobile and electronics retail
• Retail-sector margins
• Risks mentioned in the IPO prospectus
• Current market conditions

Mobile and consumer electronics retail can involve high inventory turnover and competitive pricing. Investors should carefully study the company's financial performance and business risks.

SS Retail IPO Listing Date

The SS Retail IPO is expected to list on September 23, 2026, on the BSE and NSE, subject to completion of the allotment and listing process.

The actual listing price will depend on market demand, investor sentiment and broader market conditions. GMP should not be considered a guaranteed listing-price estimate.

Final Takeaway

The SS Retail IPO has attracted strong demand and entered its final subscription day on September 18, 2026. With reported subscription above six times and GMP around ₹80, the issue is receiving considerable attention from IPO investors.

The next important events will be the final subscription figures, allotment announcement and expected listing on September 23.

Investors should evaluate the company's fundamentals, valuation and business risks rather than relying solely on subscription numbers or GMP.

Follow GMP IPO Watch for the latest IPO GMP, subscription updates, allotment news and listing information.

Disclaimer: Grey Market Premium (GMP) is unofficial and can change at any time. GMP does not guarantee listing gains. This article is for informational purposes only and should not be considered investment advice. Investors should conduct their own research or consult a qualified financial advisor before investing.