SS Retail IPO: GMP, subscription and allotment status
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.
Dates
16 → 18 Sept · allot 21 · list 23Refunds 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
- 35
- ₹14,840
- Retail Maximum
- 13 lots, 455 shares
- 455
- ₹1,92,920
- S-HNI Minimum
- 14 lots, 490 shares
- 490
- ₹2,07,760
- S-HNI Maximum
- 67 lots, 2,345 shares
- 2,345
- ₹9,94,280
- B-HNI Minimum
- 68 lots, 2,380 shares
- 2,380
- ₹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
₹2,352.85 Cr+47.1% on 2025
₹59.28 Cr+48.7% on 2025
₹575.42 Cr+47.8% on 2025
- 2026 (Consolidated)
- Revenue ₹2,352.85
- Profit ₹59.28
- Assets ₹575.42
- 2025 (Standalone)
- Revenue ₹1,599.96
- Profit ₹39.86
- Assets ₹389.44
- 2024 (Standalone)
- Revenue ₹1,208.04
- Profit ₹26.65
- Assets ₹278.25
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
- Return on net worth 18.38%
- Electronics Mart India Limited
- P/E 62.66
- EPS 2.78
- Return on net worth 6.81%
- Jay Jalaram Technologies Limited
- P/E 14.41
- EPS 8.59
- Return on net worth 13.74%
- Fonebox Retail Limited
- P/E 15.08
- EPS 6.63
- Return on net worth 17.94%
- Bhatia Communications & Retail (India) Limited
- P/E 24.44
- EPS 1.31
- Return on net worth 15.16%
- Umiya Mobile Limited
- P/E 8.46
- EPS 7.09
- Return on net worth 29.32%
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
- Hero Motors IPOCloses 18 Sept
- Jindal Supreme (India) IPOCloses 18 Sept
- Sonaselection India IPOCloses 21 Sept
- National Stock Exchange of India IPOCloses 21 Sept
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.