On this page
SS Retail opens ₹500 crore IPO to fund working capital and store expansion
Mobile-phone retailer SS Retail opens its ₹500 crore IPO, with proceeds mainly earmarked for working capital and new stores. The chain operates 503 Indian stores across five western and central states and reported FY26 revenue of ₹2,351 crore and profit of ₹59.2 crore.
- Fresh issue₹360.75 crore
- Offer for sale₹140 crore
Reported figures
From the report. Source details below
| Price band | ₹403-424 per share |
|---|---|
| Fresh issue | ₹360.75 crore |
| Offer for sale | ₹140 crore |
| Anchor book ₹146.4 crore from | 14 institutional investors |
| 503 stores in India as of March | 2026 |
| Grey-market premium ₹128, or | about 30% |
| Implied market capitalisation | ₹3,154 crore |
Also in the report
- ₹241.3 crore for working capital
- ₹12.4 crore for new stores in FY27 and FY28
- 458 stores in Maharashtra
Other figures
- 34.52 lakh anchor shares