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SS Retail IPO

MainboardListed
SSRETAIL · Retailing · NSE

Updated · GMP, subscription and listing data refresh through the day.

SS Retail IPO Details

RegistrarKfin Technologies Limited
Lead managersAnand Rathi Advisors Limited
DRHP filed27 Dec 2025 · SEBI: Under Process
Fresh issue₹360 Cr
Offer for sale₹140 Cr

SS Retail Financials ₹ in crore

Detailed financials for this issue aren’t available yet.

SS Retail Anchor Investors largest allocation first

Anchor investors22named in the letter
Anchor book₹146.38 Crat ₹424 per share
Largest allocation11.95%MAGNUM EQUITY EX - TOP 100…
#Anchor investorShares% of book₹ Cr
1MAGNUM EQUITY EX - TOP 100 LONG SHORT FUND4,12,73611.95%17.50
2ICICI PRUDENTIAL ACTIVE MOMENTUM FUND3,53,78010.25%15.00
3KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD2,35,8656.83%10.00
4LTD A/C AXIS MUTUAL FUND A/C AXIS SERVICES2,34,0806.78%9.92
5BANDHAN MIDCAP FUND2,34,0806.78%9.92
6MIRAE ASSET GREAT CONSUMER FUND2,34,0806.78%9.92
7TATA INDIA CONSUMER FUND2,34,0806.78%9.92
8MOTILAL OSWAL CONSUMPTION FUND2,18,1576.32%9.25
9360 ONE EQUITY OPPORTUNITIES FUND – SERIES2,18,1556.32%9.25
10KOTAK MAHINDRA TRUSTEE CO. LTD A/C KOTAK CONSUMPTION FUND2,12,2756.15%9.00
11MUTUAL FUND - ADITYA BIRLA SUN LIFE SPECIAL1,88,6795.46%8.00
12BENGAL FINANCE & INVESTMENT PVT LTD1,28,4883.72%5.45
13WHITEOAK CAPITAL MULTI CAP FUND1,06,1203.07%4.50
14INVESCO INDIA CONSUMPTION FUND94,3402.73%4.00
15INVESCO INDIA ELSS TAX SAVER FUND94,3392.73%4.00
16KOTAK MAHINDRA TRUSTEE CO. LTD A/C KOTAK SERVICES FUND82,5652.39%3.50
17WHITEOAK CAPITAL BALANCED ADVANTAGE FUND47,1801.37%2.00
18WHITEOAK CAPITAL BALANCED HYBRID FUND35,3851.02%1.50
19WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND35,3851.02%1.50
20WHITEOAK CAPITAL ELSS TAX SAVER FUND23,5900.68%1.00
21WHITEOAK CAPITAL CONSUMPTION OPPORTUNITIES FUND23,5900.68%1.00
22WHITEOAK CAPITAL EQUITY SAVINGS FUND5,8800.17%0.25

Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter

SS Retail IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹424
Retail (min)1 lot35₹14,840
Retail (max)13 lots455₹1,92,920
sHNI (min)14 lots490₹2,07,760
bHNI (min)68 lots2,380₹10,09,120

One lot is 35 shares, so a single application at the ₹424 cut-off costs ₹14,840. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

About SS Retail

SS Retail Limited is a multi-brand retail chain that sells mobile phones, accessories, and other electronic items. The company operates in four states: Maharashtra, Karnataka, Madhya Pradesh, and Goa, with a focus on tier II and tier III cities. SS Retail Limited was incorporated in 2016 and is headquartered in Kolhapur, Maharashtra.

SS Retail IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (7)
The company is the largest mobile phone retail chain in West India and Maharashtra, and the 4th largest in India.
The company has a significant store count and has achieved a high CAGR in store count growth.
The company has a high sales per square feet, indicating efficient space utilization and store productivity.
The company has a high same-store sales growth (SSSG) of 13.43% during Fiscal 2023 to Fiscal 2025.
The company focuses on COFO and FOFO models which have helped scale operations and reduce capital expenditure.
The company has a strong brand recall and operational efficiency.
The company is led by an experienced promoter and management team with strong domain expertise.
▼ Risk factors (8)
The company derives a significant portion of its revenue from retailing mobile phones, making it vulnerable to industry slowdowns or factors affecting consumer purchasing ability.
The company is significantly reliant on its top 10 suppliers for procuring mobile phones, accessories, and electronic items, making it vulnerable to supply disruptions.
The company derives a significant portion of its revenue from operations from its stores in Maharashtra, making it subject to risks arising from changes in political, social, and economic conditions of the state.
The company's focus on COFO and FOFO models may adversely impact business growth and prospects if these models are not successful or do not grow at the same rate.
The company is dependent on the recognition and reputation of its proprietary brand name and primary brands, and any harm to them may adversely affect its business.
The company's business is working capital intensive, primarily on account of inventory required to be stocked, and failure to manage working capital requirements may require additional financing.
The company depends on its ability to identify suitable locations for new stores on commercially acceptable terms and open new stores, and failure to do so may adversely affect expansion plans.
The company has had instances of delays in payments of statutory dues, which may attract financial penalties and adversely impact its financial condition and cash flows.

How to check SS Retail IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For SS Retail Limited, the registrar is Kfin Technologies Limited — allotment is finalised in the days between the issue closing on 18 Sept 2026 and listing on 23 Sept 2026.

RegistrarKfin Technologies Limited
You will needPAN, application number or demat ID
Issue closes18 Sept 2026
Listing date23 Sept 2026
Issue opens
Wed, 16 Sept, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Fri, 18 Sept, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Mon, 21 Sept, 2026
By Kfin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 22 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 23 Sept, 2026
NSE · trading from 10:00 am IST

Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

SS Retail IPO FAQs

GMP

What is SS Retail IPO GMP today?

No current grey market premium reading is being quoted for the SS Retail Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

Is SS Retail IPO GMP a guarantee of the listing price?

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

How often is SS Retail IPO GMP updated on alphave?

Readings are collected about once an hour from third-party grey-market reporters while the issue is open, and each reading is timestamped. The history table shows one row per day, with the number of readings behind it.

Subscription

How many times is SS Retail IPO subscribed?

As of 19 Sept, 3:37 am the SS Retail Limited IPO is subscribed 103.3× overall: QIB 203.61×, non-institutional 143.32× and retail 36.36×. Figures are the exchange's consolidated demand across NSE and BSE.

What is the SS Retail IPO retail subscription status?

The retail portion is subscribed 36.36× as of 19 Sept, 3:37 am. Retail applications are those up to ₹2,00,000 at the cut-off price.

How do I check SS Retail IPO subscription status?

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

How was SS Retail IPO subscribed day by day?

Overall subscription at the end of each bidding day — day 1 (16 September 2026): 1.44×, day 2 (17 September 2026): 5.78×, day 3 (18 September 2026): 103.3×, day 4 (19 September 2026): 103.3× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

What does 2× subscription mean?

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment

When is SS Retail IPO allotment date?

Allotment for the SS Retail Limited IPO is expected to be finalised on 21 September 2026, the trading day after the issue closes on 18 September 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 22 September 2026 and the shares list on 23 September 2026. Dates are tentative until the registrar and exchange confirm them.

How to check SS Retail IPO allotment status?

Allotment is decided and published by the registrar, Kfin Technologies Limited — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

Who is the registrar of SS Retail IPO?

The registrar to the SS Retail Limited IPO is Kfin Technologies Limited. The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

What happens if I do not get allotment?

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Dates

When does SS Retail IPO open and close?

Bidding for the SS Retail Limited IPO opens on 16 September 2026 and closes on 18 September 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the SS Retail IPO listing date?

The shares are scheduled to list on 23 September 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for SS Retail IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 16 September 2026 and 18 September 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹424); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for SS Retail IPO?

18 September 2026 is the last day of bidding. Allotment is then expected on 21 September 2026, refunds and demat credit on 22 September 2026, and listing on 23 September 2026 — tentative until confirmed.

Price & Lot

What is the price band of SS Retail IPO?

The SS Retail Limited IPO price band is ₹424 to ₹424 per share. Applications are made at the cut-off price, which is the upper end of the band.

What is the lot size of SS Retail IPO?

One lot is 35 shares, so a single application at the ₹424 cut-off costs ₹14,840. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.

What is the minimum investment in SS Retail IPO?

₹14,840 — one lot of 35 shares at ₹424. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

Is SS Retail IPO a mainboard or SME issue, and on which exchange?

SS Retail Limited is a mainboard issue listing on NSE. The lead manager is Anand Rathi Advisors Limited.

What is the issue size of SS Retail IPO?

The issue size is ₹500.75 crore, of which ₹360 crore is a fresh issue and ₹140 crore an offer for sale by existing shareholders.

DRHP

Where can I read the SS Retail DRHP or RHP?

The offer document for the SS Retail Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

What is a DRHP?

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

When was the SS Retail DRHP filed, and what is its status with SEBI?

SS Retail Limited filed its draft red herring prospectus on 27 December 2025; the exchange lists its status as "Under Process". Issue dates and the price band are fixed later in the red herring prospectus, and this page is updated the day they are.

What are the strengths disclosed in the SS Retail DRHP?

The company is the largest mobile phone retail chain in West India and Maharashtra, and the 4th largest in India. The company has a significant store count and has achieved a high CAGR in store count growth. The company has a high sales per square feet, indicating efficient space utilization and store productivity. The page lists all 7 as disclosed.

What are the key risks disclosed in the SS Retail DRHP?

The company derives a significant portion of its revenue from retailing mobile phones, making it vulnerable to industry slowdowns or factors affecting consumer purchasing ability. The company is significantly reliant on its top 10 suppliers for procuring mobile phones, accessories, and electronic items, making it vulnerable to supply disruptions. The company derives a significant portion of its revenue from operations from its stores in Maharashtra, making it subject to risks arising from changes in political, social, and economic conditions of the state. The page lists all 8 disclosed risk factors.

Listing

When will SS Retail IPO list?

The SS Retail Limited shares are scheduled to list on 23 September 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

What was the SS Retail IPO listing price?

SS Retail Limited listed at ₹624, a gain of 47.2% on the ₹424 issue price.

At what time does an IPO list?

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Data sources

Where does the SS Retail IPO data on this page come from, and how often is it updated?

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.

SS Retail IPO Registrar where allotment and refund queries go

RegistrarKfin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the SS Retail IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (18 Sept 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Kfin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹140 on a ₹424 upper band means the grey market is dealing at ₹564.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.