SS Retail Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

SS Retail Ltd IPO

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.

SS Retail Ltd IPO Details

Total Shares Offered

TBA

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

₹ 4,98,83,600

Exchange

BSE

Issue size

₹ 500 Cr

IPO Open Date

Sep 16, 2026

Close Date

Sep 18, 2026

Lot Size

Min Investment

₹ 14,105

Issue Type

Book Building

Listing Date

Sep 23, 2026

SS Retail Ltd IPO Dates

Sep 16, 2026

Opening date

Sep 18, 2026

Closing date

Sep 21, 2026

Basis of Allotment

Sep 22, 2026

Initiation of Refunds

Sep 22, 2026

Credit of Shares

Sep 23, 2026

Listing date

Details

Sector	Type
Sector	Trading
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	0x	0	0
NII	0x	0	0
Retail	0x	0	0
Employee	0x	0	0
Total	0x	0	0

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

SS Retail Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	69.79	47.83	25.24
EBITDA	86.69	60.45	35.01
PAT	39.86	26.65	11.56
Total Assets	294.88	214.44	124.11
Share Capital	13.00	13.00	13.00
Total Borrowings	123.37	98.19	48.11
Operating Activities (Net Cash)	56.76	39.27	21.33
Investing Activities (Net Cash)	0.00	0.00	0.00
Financing Activities (Net Cash)	123.37	98.19	48.11
Net Cashflow	31.27	32.42	7.56

About SS Retail Ltd

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.

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.

Peer Comparison:

Aditya Vision Ltd
Electronics Mart India Ltd
Jay Jalaram Technologies Ltd
Fonebox Retail Ltd
Bhatia Communications & Retail (India) Ltd
Umiya Mobile Ltd

SS Retail Ltd Key Points

Strengths

Largest mobile phone retail chain in West India and in Maharashtra, and the 3rd largest in India, among our peers, retailing a wide variety of mobile phones, accessories and other electronic items.

Differentiated COFO and FOFO Models with our Local Partners Approach which have helped us scale our operations.

Established track record of operations and understanding of diverse markets, particularly tier II and tier III and beyond cities.

A broad product mix with focus on mobile phones including pre-owned smartphones and a strong procurement model

Consistent track record of financial performance and growth

Risk

We derive a significant portion of our revenue from operations from retailing mobile phones. During Fiscals 2026, 2025 and 2024 we derived 86.18%, 87.58% and 88.31% of our revenue from operations, respectively, from retailing mobile phones. Any economic slowdown or other factors that affect the mobile phone industry, and accessories and electronic items industries including those that impact or reduce consumers' ability to purchase our products, could adversely impact our business, financial condition, and operating results.

We are significantly reliant on our arrangements with top 10 Suppliers for procuring mobile phones, accessories and other electronic items. The amount of purchase of traded goods from our top 10 Suppliers was 79.09%, 89.42% and 88.38% of our purchase of traded goods during Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Failure on the part of the Suppliers to supply, or a delay in supply of traded goods from our top 10 Suppliers, could have an adverse impact on our reputation, business, financial condition, cash flows and results of operations.

We derive a significant portion of our revenue from operations from our stores in the state of Maharashtra. As of March 31, 2026, we had 458 stores in Maharashtra constituting 91.05% of our total stores. During Fiscal 2026, Fiscal 2025 and Fiscal 2024, we derived 89.09%, 92.32% and 94.07% of our revenue from operations from Maharashtra. Accordingly, we are subject to risks arising from changes in political, social and economic conditions of Maharashtra which could have an adverse effect on our business, financial condition, result of operation and cash flow.

Strategy

Deepening our penetration in existing geographies in line with the anticipated growth in industry demand and expanding our operations in adjacent identified geography i.e., Chhattisgarh.

Increasing focus on accessories and other electronic items which offer higher margins compared to mobile phones.

Expanding our store network including Mobile Exchange Wala stores and increasing focus on retailing pre-owned smartphones.

Entering into tie-up arrangements directly with brands of mobile phones, accessories and other electronic items.

How To Apply for SS Retail Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the SS Retail Ltd IPO?

SS Retail Ltd's IPO offers shares for up to 0 It begins on Sep 16, 2026 and ends on Sep 18, 2026.

What is the price of the SS Retail Ltd IPO?

The price of SS Retail Ltd IPO ranges between ₹403 to ₹424 per share.

What are the open and close dates for the SS Retail Ltd IPO?

The SS Retail Ltd IPO opens on Sep 16, 2026 and closes on Sep 18, 2026.

When will the SS Retail Ltd IPO be allotted?

The allotment for the SS Retail Ltd IPO will be finalised on Sep 21, 2026. The shares will be listed on BSE and NSE on Sep 23, 2026.

What is the minimum lot size required for SS Retail Ltd IPO?

The minimum lot size for SS Retail Ltd IPO is 35 shares, priced between ₹403 to ₹424 per share.

What is the GMP of SS Retail Ltd IPO?

The GMP (Grey Market Premium) of SS Retail Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of SS Retail Ltd IPO?

To check the allotment status of SS Retail Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the SS Retail Ltd IPO getting listed?

The SS Retail Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 16, 2026, and closes on Sep 18, 2026. The allotment is finalised on Sep 21, 2026.

How do you apply for the SS Retail Ltd IPO?

To apply for the SS Retail Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.