SS Retail Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹403 – ₹424
Lot Size: 35 shares
Min. Investment: ₹14,840
Total Issue Size: ₹500 Cr; 1,18,10,182 shares
Fresh Issue: ₹360 Cr; 85,08,298 shares
Offer for Sale: ₹140 Cr; 33,01,884 shares
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE, NSE
Shares Pre-Issue: 6,58,63,500
Shares Post-Issue: 7,43,71,798

Lot Size & Investment

1 lot = 35 shares

Retail (min)

1 lot · 35 shares

Retail (max)

13 lots · 455 shares

S-HNI (min)

14 lots · 490 shares

Application	Lots	Shares	Amount
Retail	1	35	₹14,840
Small HNI (S-HNI)	14	490	₹2,07,760
Big HNI (B-HNI)	68	2,380	₹10,09,120

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
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	56.5
Net Worth	225.71	141.37	101.51
Reserves & Surplus	159.59	128.18	88.52
Total Borrowing	162.59	125.36	110.43

Key Performance Indicators

Key performance indicators
Period	Mar-26
RoNW (%)	32.6
EPS (₹)	9
P/E (pre-issue)	47.11
P/E (post-issue)	53.2

About SS Retail Limited

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. Competitive Strengths 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.