
Consumer Discretionary / Retail · NSE / BSE
SS Retail Ltd is a multi-brand retail company engaged in selling mobile phones, accessories, and electronic products through an extensive offline store network across Maharashtra, Karnataka, Madhya Pradesh, and Goa, with a strong presence in Tier II and Tier III markets. The company operates under a mix of COCO, COFO, and FOFO models and manages a rapidly expanding retail footprint, growing from 181 stores in 2023 to 347 stores in FY2025 and further to 451 stores by November 2025. It runs multiple retail formats under brands like SS Mobile, xchange Wala (focused on refurbished phones), and The Mobile Space to expand reach and customer engagement. With strong store efficiency and high sales per square foot, SS Retail has established itself as one of the largest mobile retail chains in West India, supported by its wide geographic presence, diversified formats, and fast-paced expansion strategy.
Price Band
₹403 – ₹424
Issue Size
₹1181.02 L Cr
Lot Size
35 shares
GMP
+37.7%
Est. Listing
₹584
at current GMP
Subscribed
108.69x
overall
Open
16 Sep 2026
Close
18 Sep 2026
Allotment
21 Sep 2026
Refund
22 Sep 2026
Demat Credit
23 Sep 2026
Listing
23 Sep 2026
Last updated: 23 Sept 2026
Current Premium
Issue Price (Upper)
₹424
Band: ₹403 – ₹424
Estimated Listing Price
₹584
Upper price + GMP
Lot Size
35 shares
Min investment ₹14,840
Estimated Profit / Lot
₹5,600
35 × ₹160
Grey Market Premium trend
+₹160
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹160 | 37.7% | ₹584 |
| 26 Sep 2026 | +₹160 | 37.7% | ₹584 |
| 25 Sep 2026 | +₹144 | 34.0% | ₹568 |
GMP is unofficial market data. Not a guarantee of listing performance.
SS Retail Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Retail sector with an aggregate issue size of ₹1,18,10,183 Crores. The shares are offered at a price band of ₹403 to ₹424 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-18, the basis of allotment is scheduled to be finalized on 2026-09-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest grey market premium for SS Retail Limited IPO is ₹160, which indicates an expected listing price of ₹584.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.