SS Retail IPO GMP Today
Expected Gain: 32.31%
SS Retail IPO GMP Today, 15 September 2026
SS Retail IPO GMP today is ₹137. The latest grey market premium is reported at ₹137 on 15 September 2026.
SS Retail IPO has a price band of ₹403 to ₹424 per share. Based on the upper price band of ₹424 and the current GMP of ₹137, the estimated listing price is ₹561 per share.
At the current GMP, the estimated listing gain is approximately 32.31% over the IPO upper price of ₹424.
SS Retail IPO is scheduled to open for subscription on 16 September 2026 and close on 18 September 2026. The IPO is expected to be listed on 23 September 2026 on BSE and NSE.
The IPO comprises a fresh issue of 85,08,298 shares aggregating up to ₹360 crore and an offer for sale of 33,01,884 shares aggregating up to ₹140 crore. The total issue size is approximately ₹500 crore.
Based on the latest GMP of ₹137, market sentiment in the grey market indicates a possible premium listing if the GMP remains around the current level until listing.
The grey market premium can change before the IPO listing depending on subscription demand, market conditions and investor sentiment.
GMP is an unofficial market indicator and does not guarantee the actual listing price of the shares.
SS Retail IPO Expected Listing Price
IPO Upper Price Band: ₹424
Latest GMP: ₹137
Therefore, the current GMP indicates an estimated listing price of ₹561 per share.
Estimated gain over the upper IPO price: 32.31%
SS Retail IPO GMP Trend
SS Retail IPO GMP is currently reported at ₹137 as of 15 September 2026.
The current GMP of ₹137 implies an estimated listing price of ₹561 per share if the premium remains unchanged until listing.
The GMP trend may change during the subscription period as demand, broader market conditions and investor sentiment evolve.
| GMP Date | IPO Price | GMP | Estimated Listing | Estimated Gain | Estimated Profit/Lot | Status |
|---|---|---|---|---|---|---|
| 15-Sep-2026 | ₹424 | ₹137 | ₹561 | 32.31% | ₹4,795 | Latest GMP |
* Estimated listing price is calculated using the IPO upper price band plus the reported GMP. Estimated profit per lot is calculated using GMP × lot size. Latest calculation: ₹137 × 35 shares = ₹4,795. GMP-based estimates are indicative and may differ from the actual listing price.
SS Retail IPO Details
| IPO Name | SS Retail IPO |
| Company | SS Retail Limited |
| IPO Type | Book Building Issue |
| Issue Size | ₹500 Crore |
| Fresh Issue | 85,08,298 Shares / ₹360 Crore |
| Offer for Sale | 33,01,884 Shares / ₹140 Crore |
| Total Issue Shares | 1,18,10,182 Shares |
| Exchange | BSE, NSE |
| Open Date | 16 September 2026 |
| Close Date | 18 September 2026 |
| Allotment Date | 21 September 2026 |
| Refund / Unblock Date | 22 September 2026 |
| Demat Credit | 22 September 2026 |
| Listing Date | 23 September 2026 |
| Price Band | ₹403 to ₹424 per share |
| Face Value | ₹10 per share |
| Lot Size | 35 Shares |
| Minimum Investment | ₹14,840 |
| Latest GMP | ₹137 |
| Estimated Listing Price | ₹561 |
| Estimated Gain | 32.31% |
| Estimated Profit Per Lot | ₹4,795 |
| Last GMP Update | 15 September 2026 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Anand Rathi Advisors Ltd.; Emkay Global Financial Services Ltd. |
SS Retail IPO GMP Profit Estimate
Based on the latest GMP of ₹137 and the IPO upper price band of ₹424, the estimated listing price is ₹561 per share.
| Particular | Calculation | Amount |
|---|---|---|
| IPO Investment | ₹424 × 35 Shares | ₹14,840 |
| Estimated Listing Value | ₹561 × 35 Shares | ₹19,635 |
| Estimated Gain | ₹19,635 − ₹14,840 | ₹4,795 |
If the GMP remains at ₹137 until listing, one lot of 35 shares would indicate an estimated GMP-based gain of approximately ₹4,795.
SS Retail IPO GMP Update
GMP Date: 15 September 2026
Latest GMP: ₹137
At the latest reported GMP of ₹137, the estimated listing price is ₹561 per share.
This represents an indicative listing gain of 32.31% over the upper IPO price of ₹424.
For one lot of 35 shares, the indicative GMP-based profit is ₹4,795.
GMP can change before the listing date and should be treated only as an unofficial indicator of market sentiment.
What Is SS Retail IPO GMP?
IPO GMP stands for Initial Public Offering Grey Market Premium. It represents the premium at which an IPO may be informally traded in the grey market before its official stock-market listing.
A positive GMP may indicate positive market sentiment and expectations of a premium listing. However, GMP is unofficial, unregulated and can change rapidly before the listing date.
Estimated Listing Price = IPO Upper Price Band + Latest GMP
₹424 + ₹137 = ₹561
Estimated Gain = (₹137 ÷ ₹424) × 100 = 32.31%
Estimated Profit Per Lot = ₹137 × 35 = ₹4,795
GMP should only be considered an indicative market-sentiment indicator. The actual listing price can be significantly different from the GMP-based estimate.
SS Retail IPO Company Overview
SS Retail Limited is a mobile phone and consumer electronics retail company operating through multiple retail formats and brands including SS Mobile, Mobile Exchange Wala and The Mobile Space.
The company has established a significant retail network across India and focuses on the sale of smartphones, consumer electronics and related products. The business has expanded its presence across multiple cities through its store network.
As of 31 March 2026, SS Retail had 503 stores across 215 cities. The store network increased to 536 stores as of 31 July 2026.
The company had 689 permanent employees as of the relevant period.
SS Retail also acquired a 51.04% stake in Olineo Nexus India Private Limited, adding 34 stores to its network.
The company has been described as one of the leading mobile phone retail chains in West India and Maharashtra, with a growing presence across the Indian retail market.
SS Retail IPO Financial Performance
| Particular | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹575.42 Cr | ₹389.44 Cr | ₹278.25 Cr |
| Total Income | ₹2,352.85 Cr | ₹1,599.96 Cr | ₹1,208.04 Cr |
| PAT | ₹59.28 Cr | ₹39.86 Cr | ₹26.65 Cr |
| EBITDA | ₹125.15 Cr | ₹80.44 Cr | ₹56.50 Cr |
| Net Worth | ₹225.71 Cr | ₹141.37 Cr | ₹101.51 Cr |
| Total Borrowing | ₹162.59 Cr | ₹125.36 Cr | ₹110.43 Cr |
SS Retail reported strong growth in income and profitability, with total income increasing from ₹1,599.96 crore in FY2025 to ₹2,352.85 crore in FY2026. Profit after tax increased from ₹39.86 crore to ₹59.28 crore during the same period.
SS Retail IPO Key Financial Ratios
| KPI | FY 2026 |
|---|---|
| ROE | 30.60% |
| ROCE | 29.30% |
| Debt / Equity | 0.70 |
| RoNW | 32.60% |
| PAT Margin | 2.52% |
| EBITDA Margin | 5.32% |
| NAV | ₹34.33 |
| P/B | 12.35x |
SS Retail IPO Valuation
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | ₹9.00 | ₹7.97 |
| P/E | 47.11x | 53.20x |
| Market Cap | ₹2,792.61 Cr | ₹3,153.36 Cr |
At the upper IPO price band of ₹424, the post-issue valuation implies a market capitalization of approximately ₹3,153.36 crore.
SS Retail IPO Reservation
| Investor Category | Reservation |
|---|---|
| QIB | Not more than 50% |
| Retail | Not less than 35% |
| NII | Not less than 15% |
SS Retail IPO Lot Size and Investment
| Investor Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 1 | 35 | ₹14,840 |
| Retail Maximum | 13 | 455 | ₹1,92,920 |
| S-HNI Minimum | 14 | 490 | ₹2,07,760 |
| S-HNI Maximum | 67 | 2,345 | ₹9,94,280 |
| B-HNI Minimum | 68 | 2,380 | ₹10,09,120 |
SS Retail IPO Offer for Sale
| OFS Seller | Indicative Value |
|---|---|
| Siddharth Gunvant Shah | ₹45 Cr |
| Deepa Siddharth Shah | ₹14 Cr |
| Harshal Kishor Parekh | ₹8 Cr |
| Bhavini Harshal Parekh | ₹3 Cr |
| Rakhi Narendra Firodia | ₹70 Cr |
SS Retail IPO Important Dates
| IPO Event | Date |
|---|---|
| IPO Opens | 16 September 2026 |
| IPO Closes | 18 September 2026 |
| Basis of Allotment | 21 September 2026 |
| Refund / Unblocking | 22 September 2026 |
| Shares Credited to Demat | 22 September 2026 |
| Listing | 23 September 2026 |
SS Retail IPO GMP FAQs
What is SS Retail IPO GMP today?
SS Retail IPO GMP is ₹137 as of 15 September 2026.
What is the expected listing price of SS Retail IPO?
Based on the upper IPO price of ₹424 and GMP of ₹137,
the estimated listing price is ₹561 per share.
What is the expected gain from SS Retail IPO GMP?
The GMP of ₹137 indicates an estimated gain of approximately
32.31% over the upper IPO price of ₹424.
What is the estimated profit per lot?
With a lot size of 35 shares, the GMP-based estimated profit
is ₹4,795 per lot.
What is SS Retail IPO price band?
The IPO price band is ₹403 to ₹424 per share.
What is SS Retail IPO lot size?
The lot size is 35 shares.
What is the minimum investment in SS Retail IPO?
At the upper price band, the minimum retail investment is
₹14,840 for one lot of 35 shares.
When will SS Retail IPO open?
The IPO opens on 16 September 2026.
When will SS Retail IPO close?
The IPO closes on 18 September 2026.
When is SS Retail IPO allotment?
The basis of allotment is expected on 21 September 2026.
When is SS Retail IPO listing?
The expected listing date is 23 September 2026 on BSE and NSE.
IPO GMP is based on unofficial grey-market indications and is provided for informational purposes only. GMP can change rapidly and does not guarantee the actual listing price or investment returns. The estimated listing price, percentage gain and profit shown above are calculated using the IPO upper price band and reported GMP. Investors should conduct their own research and due diligence before making any investment decision.