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Opens
16 Sept 2026
Closes
18 Sept 2026
Allotment
21 Sept 2026
Listing
23 Sept 2026
At a glance
IPO Open Wed, Sep 16, 2026 IPO Close Fri, Sep 18, 2026 Price Band To be declared Market Cap To be declared IPO Details IPO Date 16 to 18 Sep, 2026 Listing Date Wed, Sep 23, 2026 T Face Value ₹ 10 per share Price Band Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size [.] shares (agg. up to ₹ 500 Cr) Fresh Issue [.] shares (agg. up to ₹ 360 Cr) Offer for Sale [.] shares of ₹ 10 (agg. up to ₹ 140 Cr) Share Holding Pre Issue 6,58,63,500 shares IPO Timetable (Tentative) IPO Open Wed, Sep 16, 2026 IPO Close Fri, Sep 18, 2026 Allotment Mon, Sep 21, 2026 Refund Tue, Sep 22, 2026 Credit of Shares Tue, Sep 22, 2026 Listing Wed, Sep 23, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Net Offer Retail Not less than 35% of the Net Offer NII Not less than 15% of the Net Offer Investor Category Reservations Category Limit Cut-off RII Up to ₹2 Lakhs Yes sNII ₹2 Lakhs – ₹10 Lakhs No bNII Above ₹10 Lakhs No Employee (EMP) Up to ₹5 Lakhs Yes Employee + RII/NII Up to ₹5Lakhs (EMP) + RII/NII limits Yes (EMP/RII) About SS Retail Ltd. Updated on Sep 9, 2026 Incorporated June 2016, SS Retail Ltd. is a multi-brand retail chain for mobile phones, accessories and other electronic items, with operations across Maharashtra, Karnataka, Madhya Pradesh, Goa and Gujarat. It primarily focuses on Tier II and Tier III and beyond cities and, as of March 31, 2026, operated 503 stores across 215 cities, covering approximately 2,41,365 sq. ft.
The Company operates under its proprietary brands ‘SS Mobile’, ‘Mobile Exchange Wala’ and ‘The Mobile Space’ through a combination of company-owned and franchisee-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 July 31, 2026, its retail network had expanded to 536 stores covering approximately 2,60,597 sq. ft.
Overview
SS Retail IPO is a book build issue of ₹500.00 crores. The issue is a combination of fresh issue of ₹360.00 crores and offer for sale of ₹140.00 crores.\
SS Retail IPO opens for subscription on Sep 16, 2026 and closes on Sep 18, 2026. The allotment for the SS Retail IPO is expected to be finalized on Sep 21, 2026. SS Retail IPO will list on NSE and BSE with a tentative listing date fixed as Sep 23, 2026.
SS Retail IPO is set issue price band at [.] to [.] per share.
Anand Rathi Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to SS Retail IPO RHP for detailed Information.
Issue details
IPO Date
16 to 18 Sep, 2026
Listing Date
Wed, Sep 23, 2026T
Face Value
₹10 per share
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
About the company
Incorporated June 2016, SS Retail Ltd. is a multi-brand retail chain for mobile phones, accessories and other electronic items, with operations across Maharashtra, Karnataka, Madhya Pradesh, Goa and Gujarat. It primarily focuses on Tier II and Tier III and beyond cities and, as of March 31, 2026, operated 503 stores across 215 cities, covering approximately 2,41,365 sq. ft.
The Company operates under its proprietary brands ‘SS Mobile’, ‘Mobile Exchange Wala’ and ‘The Mobile Space’ through a combination of company-owned and franchisee-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 July 31, 2026, its retail network had expanded to 536 stores covering approximately 2,60,597 sq. ft.
The Company follows a scalable retail model comprising COCO, COFO and FOFO formats and uses local franchisee partnerships to expand its presence in regional markets. During Fiscal 2026, it acquired 51.04% shareholding in Olineo Nexus India Private Limited, adding 34 stores to its network. As of March 31, 2026, the Company was the largest mobile phone retail chain in West India and Maharashtra and the third largest in India among its peers, according to the cited industry report.
As of March 31, 2026, the Company had 689 permanent employees, comprising personnel across management, accounts and audit, operations, sales, sales support, supply chain and HR and administration.
- Large and rapidly expanding retail store network.
- Scalable COCO, COFO and FOFO business models.
- Strong presence in Tier II and Tier III and beyond cities.
- Strong customer reach through local franchisee partnerships.
- Largest mobile phone retail chain in West India and Maharashtra.
- Experienced Promoter and management team with strong domain expertise.
- Wide product portfolio with focus on mobile phones, accessories and electronic items.
- Established brand presence through SS Mobile, Mobile Exchange Wala and The Mobile Space.
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 575.42 | 389.44 | 278.25 |
| Total Income | 2,352.85 | 1,599.96 | 1,208.04 |
| Profit After Tax | 59.28 | 39.86 | 26.65 |
| EBITDA | 125.15 | 80.44 | 56.50 |
| NET Worth | 225.71 | 141.37 | 101.51 |
| Reserves and Surplus | 159.59 | 128.18 | 88.52 |
| Total Borrowing | 162.59 | 125.36 | 110.43 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 30.60% |
| ROCE | 29.30% |
| Debt/Equity | 0.70 |
| RoNW | 32.60% |
| PAT Margin | 2.52% |
| EBITDA Margin | 5.32% |
| NAV | 34.33 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
9.00
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 75.74% | |
| Public | 24.26% | |
| Total | 100% |
Objects of the issue
- — Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028
- — Part funding of the incremental working capital requirements of Company
- — General Corporate Purposes
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
Anand Rathi Advisors Ltd., Emkay Global Financial Services Ltd.
FAQs
How to apply in SS Retail IPO through Zerodha?+
Zerodha customers can apply online in SS Retail IPO using UPI as a payment gateway. Zerodha customers can apply in SS Retail IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in SS Retail IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' SS Retail IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When SS Retail IPO will open?+
The SS Retail IPO opens on Wed, Sep 16, 2026 and closes on Fri, Sep 18, 2026.
What is the lot size of SS Retail IPO?+
SS Retail IPO lot size and the minimum order quantity is not available at this time. Please check again later.
How to apply for SS Retail IPO?+
You can apply in SS Retail IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is SS Retail IPO allotment?+
The finalization of Basis of Allotment for SS Retail IPO will be done on Monday, September 21, 2026 , and the allotted shares will be credited to your demat account by Tue, Sep 22, 2026 . Check the SS Retail IPO allotment status .
When is SS Retail IPO listing date ?+
The SS Retail IPO listing date is not yet announced. The tentative date of listing is Wed, Sep 23, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.