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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the SS Retail Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹424
Per ShareLot Size
35 Shares
Minimum Investment
₹14,840
Issue Size
₹500 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
75.74%
Promoter Holding (Post-Issue)
64.85%
Issue Type
Book Building
ISIN
INE1EQW01028
We are a multi-brand retail chain for mobile phones, accessories and other electronic items, with operations in 5 states i.e., Maharashtra, Karnataka, Madhya Pradesh, Goa, and Gujarat (commenced in Fiscal 2027). We deal in multiple product categories across different types of cities such as metro cities, mini metro cities, tier I cities, tier II cities and tier III and beyond cities. However, our focus has been on retailing mobile phones and accessories in tier II and tier III and beyond cities. As of March 31, 2026, we operated 503 stores in India, and 458 stores in Maharashtra, which as per the Knowledge Company Report, positioned us as the largest mobile phone retail chain in West India (i.e., Gujarat, Maharashtra, Goa, Madhya Pradesh, Dadra & Nagar Haveli and Daman & Diu) and in Maharashtra and the 3rd largest in India, amongst our peers.
As per the Knowledge Company Report, India's mobile phone market grew from Rs. 2,053 billion in Fiscal 2019 to Rs. 3,226 billion in Fiscal 2024 at a CAGR of 9.5% and is projected to reach Rs. 5,198 billion by Fiscal 2030, growing at a CAGR of 9.0%. In Maharashtra, the mobile phone market was valued at Rs. 514 billion, accounting for 15.2% of the India mobile phone market in Fiscal 2025. The Indian pre-owned mobile phone market reached Rs. 787 billion in Fiscal 2025 and is expected to grow to Rs. 1,419 billion at CAGR of 12.5% till Fiscal 2030.
Revenue, profit after tax and total assets for the last reported financial year.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 11,805,959 equity shares of face value of Rs. 10 each (Equity Shares) of S S Retail Limited (Company or Issuer) for cash at a price of Rs. 424 per equity share (including a share premium of Rs. 414 per equity share) (Offer Price) aggregating to Rs. 500.00 Crores (Offer) comprising a fresh issue of 8,504,075 equity shares of face value of Rs. 10 each aggregating to Rs. 360.00 Crores by the company (Fresh Issue) and an offer for sale of 3,301,884 equity shares of face value of Rs. 10 each (Offered Shares) aggregating to Rs. 140.00 Crores by the selling shareholders (Offer For Sale) comprising 1,061,320 equity shares of face value of Rs. 10 each aggregating to Rs. 45.00 Crores by Siddharth Gunvant Shah, 330,188 equity shares of face value of Rs. 10 each aggregating to Rs. 14.00 Crores by Deepa Siddharth Shah, 188,679 equity shares of face value of Rs. 10 each aggregating to Rs. 8.00 Crores by Harshal Kishor Parekh, 70,754 equity shares of face value of Rs. 10 each aggregating to Rs. 3.00 Crores by Bhavini Harshal Parekh (each, a promoter selling shareholder) and 1,650,943 equity shares of face value of Rs. 10 each aggregating to Rs. 70.00 Crores by Rakhi Narendra Firodia (other selling shareholder, and together with the promoter selling shareholders, the selling shareholders). The offer shall constitutes 15.88% of the post-offer paid-up equity share capital of the company. This offer includes a reservation of 300,751 equity shares of face value of Rs. 10 each, aggregating to Rs. 12.00 Crores (constituting 0.40% of the post-offer paid-up equity share capital) for subscription by eligible employees (Employee Reservation Portion). The company in consultation with the book running lead managers (brlms), may offer a discount of Rs. 25 to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 15.88% and 15.47%, respectively, of the post-offer paid-up equity share capital. Price Band: Rs. 424 per equity share of face value of Rs. 10 each. The floor price 42.40 times the face value of the equity shares, respectively. Bids can be made for a minimum of 35 equity shares of face value of Rs. 10 each and in multiples of 35 equity shares of face value of Rs. 10 each thereafter. A Discount of Rs. 25 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as `SS Communication & Services Private Limited', at Kolhapur, Maharashtra as a private limited company under the provisions of Companies Act, 2013 and received a certificate of incorporation issued by the RoC, Central Registration Centre on June 14, 2016. Subsequently, the name of our Company was changed to `SS Retail Private Limited' pursuant to a resolution passed by our Board of Directors in their meeting held on April 10, 2025, and a special resolution passed by the shareholders of our Company on May 29, 2025, and a fresh certificate of incorporation issued by the RoC, Central Processing Centre on July 15, 2025. Thereafter, our Company was converted into a public limited company pursuant to a resolution passed by our Board of Directors in their meeting held on August 29, 2025, and a special resolution passed by the shareholders of our Company on September 04, 2025, and the name of our Company was changed to its present name `SS Retail Limited', pursuant to a fresh certificate of incorporation issued by the RoC, Central Processing Centre on September 26, 2025.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY26.
*Subject to approvals and market conditions.