SS Retail is a Mainboard IPO scheduled to open on 16 Sept 2026 and close on 18 Sept 2026, priced at ₹403 – ₹424 per share, minimum lot 35 shares (~₹14,840 for retail). Proposed listing on BSE, NSE on 23 Sept 2026.
About SS Retail
SS Retail Limited operates a multi-brand retail chain specializing in mobile phones, pre-owned smartphones, accessories, and other electronic items across five Indian states. The company generates revenue primarily through the retail and wholesale distribution of mobile phones, supplemented by sales of pre-owned smartphones under its Mobile Exchange Wala brand, accessories, and other electronics like televisions, laptops, and tablets. It also earns revenue from offering ancillary services, including mobile protection plans and software. Operating through three distinct retail formats—Company Owned Company Operated, Company Owned Franchisee Operated, and Franchisee Owned Franchisee Operated—the business sources products via direct arrangements with brands and authorized distributors. SS Retail Limited primarily targets consumers in tier II, tier III, and beyond cities, relying on a strategically organized supply chain and warehouse infrastructure to manage product distribution across its retail store network.
SS Retail IPO Details
| IPO Type | Mainboard |
| Price Band | ₹403 – ₹424 per share |
| Lot Size | 35 shares · ~₹14,840 for retail |
| Grey Market Premium (GMP) | ₹80 (about 18.9% over the cap price) |
| Total Issue Size | ₹500.75 crore |
| Listing At | BSE, NSE |
SS Retail IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | 16 Sept 2026 |
| IPO Close Date | 18 Sept 2026 |
| Basis of Allotment | 21 Sept 2026 |
| Refund / UPI Mandate Release | 22 Sept 2026 |
| Credit of Shares to Demat | 22 Sept 2026 |
| Listing Date | 23 Sept 2026 |
SS Retail IPO Lot Size & Investment
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 35 | ₹14,840 |
| Retail (max) | 13 | 455 | ₹1,92,920 |
| S-HNI | 14 – 67 | 490 – 2,345 | ₹2,07,760 – ₹9,94,280 |
| B-HNI (min) | 68 | 2,380 | ₹10,09,120 |
SS Retail IPO Estimated Listing Price
At the current grey market premium of ₹80, SS Retail could list near ₹504 against the upper price of ₹424 — an implied gain of about 18.9%. This is a market estimate only; the real listing price is set by demand on listing day.
SS Retail IPO GMP Today & Day-wise Trend
Latest grey market premium: ₹80 (about 18.9% over the cap price).
| Date | GMP | Est. gain |
|---|---|---|
| 11 September | ₹30 | 7.08% |
GMP is unofficial and changes through the day; it is not endorsed by SEBI or the exchanges and should not be the only basis for a decision.
SS Retail — Strengths
- Established multi-brand retail presence across tier II and III markets.
- Scalable franchise-led retail store expansion model.
- Unique pre-owned smartphone business under ‘Mobile Exchange Wala’.
- Direct sourcing network with major brands and distributors.
- Experienced promoter leadership with deep domain expertise.
SS Retail — Risks
- Over-reliance on mobile phone sales for the majority of revenue.
- High procurement dependence on the top 10 suppliers.
- Significant revenue concentration within Maharashtra.
- Working capital-intensive operations with high inventory needs.
- Dependency on leased properties for store operations.
SS Retail IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the net offer |
| NII (HNI) | Not less than 15% of the net offer |
| Retail | Not less than 35% of the net offer |
SS Retail IPO Prospectus
Read the offer document: SS Retail DRHP / RHP (PDF).
More on SS Retail IPO
- SS Retail IPO — live GMP, subscription & allotment status
- SS Retail IPO listing gain calculator
- All Mainboard IPOs
- Full IPO list with GMP
Allotment and listing-gain details will be published here once available. This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
Loading comments...