SS Retail Share Price: Stock Lists at ₹624.00 With a 47.17% Premium on NSE

On September 23, 2026, SS Retail Limited shares made their market debut on the stock exchanges. The stock listed at ₹624.00 on the National Stock Exchange (NSE), reflecting a 47.17% premium over its IPO issue price of ₹424.00 per share. 

While on BSE it listed at ₹639.10 with a 50.73% premium over its IPO issue price of ₹424.00 per share. 

SS Retail Limited IPO Overview 

SS Retail Limited launched its mainboard book-built public issue with an aggregate size of ₹500.00 crore. The offering comprises a fresh issue of 85,08,298 shares worth ₹360.00 crore and an offer for sale of 33,01,884 shares totaling ₹140.00 crore. Bidding opened on September 16, 2026, and closed on September 18, 2026, with the final price fixed at ₹424 per share against a face value of ₹10. The minimum application lot size was set at 35 shares. Anand Rathi Advisors Limited managed the issue, while Kfin Technologies Limited served as the registrar. 

SS Retail IPO subscribed 107.41 times. 

Business Overview of SS Retail Limited 

Incorporated in June 2016, the company operates as a multi-brand retail chain specializing in mobile phones, accessories, and consumer electronics across western and central India. The brand network spans 536 stores across 215 cities as of July 2026, primarily focusing on Tier II, Tier III, and deeper regions. The business operates through a scalable blend of company-owned and franchisee-operated models, including COCO, COFO, and FOFO formats. It ranks as the largest mobile retail chain in West India and Maharashtra, supported by a network of 689 permanent employees. 

Financial Overview of SS Retail Limited 

The company demonstrated strong financial growth with total income increasing from ₹1,208.04 crore in fiscal 2024 to ₹1,599.96 crore in fiscal 2025, reaching ₹2,352.85 crore by March 31, 2026. Profit after tax expanded consistently over the same timeframe from ₹26.65 crore to ₹39.86 crore, and subsequently to ₹59.28 crore. EBITDA for the latest financial year stood at ₹125.15 crore, while total borrowings reached ₹162.59 crore. The net worth of the business experienced an upward trajectory, closing at ₹225.71 crore for the period ending March 2026. 

Objective of SS Retail Limited IPO 

The net proceeds from the fresh issue segment are earmarked for specific corporate strategies. The firm has allocated ₹12.45 crore toward funding capital expenditure for fit-outs to set up new retail outlets during fiscal 2027 and fiscal 2028. Additionally, ₹241.35 crore will fund incremental working capital requirements to support operational scaling. General corporate purposes account for ₹79.75 crore, while the remaining ₹36.69 crore will cover the specific expenses incurred during the public offering process. 

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SS Retail Share Price Performance  

As of September 23, 2026, at 10:09 AM, SS Retail share price on NSE was trading at ₹614.85, up by 42.92%from the IPO issue price of ₹424. 

Conclusion  

SS Retail equity shares opened at a premium of ₹624.00 on the NSE, gaining 47.17% from the company's implicit IPO baseline, driven by strong market demand during its debut session. 

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.  

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