SS Retail Limited logo

SS Retail IPO: GMP, subscription and allotment status

MainboardKFin TechnologiesCloses18 Sept

2.99×Covered

Subscription as of 15:12 IST, from NSE bid data

GMP
80
+18.9%as of 17 Sept, 12:00 IST
Est. listing
504
+18.9% on issue price
Price band
403–424
Lot
35 shares
Min. 14,840

Allotment

Expected 21 Sept.

Allotment ~21 Sept

Dates

1618 Sept · allot 21 · list 23

Refunds and shares in your demat account on 22 Sept.

Subscription by category

Retail
4.24×
Covered
Non-institutional (NII)
4.50×
Covered
Qualified institutional (QIB)
0.00×
Undersubscribed
Total
2.99×
Covered

Shares bid for

QIB
Offered 24,21,834
Bid for 5,22,690
0.22×
NII
Offered 18,16,377
Bid for 1,21,40,485
6.68×
bHNI (above ₹10 lakh)
Offered 12,10,918
Bid for 62,60,730
5.17×
sHNI (₹2–10 lakh)
Offered 6,05,459
Bid for 58,79,755
9.71×
Retail
Offered 42,38,213
Bid for 2,65,79,175
6.27×
Employees
Offered 3,17,460
Bid for 2,09,790
0.66×
Total
Offered 87,93,884
Bid for 3,94,52,140
4.49×

As of 15:12 IST.

Issue details

Segment
Mainboard
Face value
₹10
Issue type
Book build Issue
Fresh issue
₹360.75 Crores
Offer for sale
33,01,884 Equity Shares
Listing at
BSE, NSE
Registrar
KFin Technologies
NSE symbol
SSRETAIL

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 35 shares
14,840
Retail Maximum
13 lots, 455 shares
1,92,920
S-HNI Minimum
14 lots, 490 shares
2,07,760
S-HNI Maximum
67 lots, 2,345 shares
9,94,280
B-HNI Minimum
68 lots, 2,380 shares
10,09,120

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028
12.45 Cr
Part funding of the incremental working capital requirements of Company
416.53 Cr
General Corporate Purposes

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹2,352.85 Cr+47.1% on 2025

Profit, ₹ crore

₹59.28 Cr+48.7% on 2025

Assets, ₹ crore

₹575.42 Cr+47.8% on 2025

2026 (Consolidated)
Revenue 2,352.85
Profit 59.28
2025 (Standalone)
Revenue 1,599.96
Profit 39.86
2024 (Standalone)
Revenue 1,208.04
Profit 26.65

In ₹ crore, for the years the offer document reports.

ROE
30.60%
ROCE
29.30%
EBITDA Margin
5.32%
PAT Margin
2.52%
Debt to equity ratio
0.58
Earning Per Share (EPS)
₹9.11 (Basic)
Return on Net Worth (RoNW)
32.60%
Net Asset Value (NAV)
₹34.33

Listed peers

Aditya Vision Limited
P/E 66.29
EPS 9.07
Electronics Mart India Limited
P/E 62.66
EPS 2.78
Jay Jalaram Technologies Limited
P/E 14.41
EPS 8.59
Fonebox Retail Limited
P/E 15.08
EPS 6.63
Bhatia Communications & Retail (India) Limited
P/E 24.44
EPS 1.31
Umiya Mobile Limited
P/E 8.46
EPS 7.09

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
50%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Siddharth Gunvant Shah, Deepa Siddharth Shah, Harshal Kishor Parekh and Bhavini Harshal Parekh
Promoter holding
75.74% before the IPO, 62.63% after
Lead managers
Anand Rathi Advisors Ltd., Emkay Global Financial Services Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

What is the GMP of SS Retail IPO today?
The grey-market premium is ₹80, which points to a listing around ₹504 (+18.9% on the issue price), as of 12:00 IST on 17 September 2026. GMP is unofficial and doesn't guarantee a listing price.
How many times has SS Retail IPO been subscribed?
2.99× overall, with the retail portion at 4.24×, as of 15:12 IST on 17 September 2026, from NSE bid data.
When does SS Retail IPO open and close?
Bidding runs from 16 September 2026 to 18 September 2026.
What is the SS Retail IPO allotment date?
Allotment is expected on 21 September 2026.
When will SS Retail IPO list?
Listing is expected on 23 September 2026.
What is the lot size and minimum investment for SS Retail IPO?
One lot is 35 shares, so the minimum investment at the upper price of ₹424 is ₹14,840.
How do I check SS Retail IPO allotment status?
KFin Technologies is the registrar. Once allotment is out, check it by PAN on the KFin Technologies website or right here.