SS Retail IPO Details
MAINBOARD
SS Retail IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.
The Lead Managers for SS Retail IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Anand Rathi Advisors Ltd, Emkay Global Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the SS Retail Limited DRHP.
SS Retail IPO Details
SS Retail IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
SS Retail IPO Reservation
Promoter Holding
Documents
SS Retail IPO Valuations
SS Retail Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 405.74 | 389.44 | 278.25 | 178.74 |
| Total Income | 497.98 | 1,599.96 | 1,208.04 | 833.23 |
| Profit After Tax | 14.86 | 39.86 | 26.65 | 11.56 |
| EBITDA | 29.86 | 80.44 | 56.50 | 30.46 |
| NET Worth | 171.23 | 141.37 | 101.51 | 74.86 |
| Reserves and Surplus | 157.72 | 143.18 | 88.52 | 61.91 |
| Total Borrowing | 81.85 | 125.36 | 110.43 | 52.83 |
| Amount in ₹ Crore | ||||
About SS Retail IPO
SS Retail Ltd. is a multi-brand retail chain engaged in the sale of mobile phones, accessories, and other electronic products. The company operates across four states—Maharashtra, Karnataka, Madhya Pradesh, and Goa—with a strong presence across metro, mini-metro, Tier I, Tier II, and Tier III and beyond cities. Its retail strategy is primarily focused on Tier II, Tier III, and emerging markets, where it benefits from growing smartphone penetration and limited organized retail competition.
As of March 31, 2025, the company operated 347 stores across India, including 334 stores in Maharashtra. According to the Knowledge Company Report, SS Retail Ltd. is the largest mobile phone retail chain in West India and Maharashtra, and the fourth largest in India among its peers.
Store Network and Growth
The company has demonstrated strong and consistent expansion over recent years. Its store network increased from 181 stores across 89 cities as of March 31, 2023, to 347 stores across 149 cities as of March 31, 2025, reflecting a compound annual growth rate (CAGR) of 38.46%. As per the Knowledge Company Report, this growth rate is the second highest among peers and approximately twice the peer average.
As of March 31, 2025, the company’s stores covered a total retail area of 179,633 square feet. In Fiscal 2025, SS Retail Ltd. reported sales per square foot of ₹120,188.73, the highest among its peers, indicating strong store-level productivity and operational efficiency.
As of November 30, 2025, the company further expanded its footprint to 451 stores, covering an aggregate area of 212,517 square feet.
Brands and Store Formats
The company operates primarily through the following proprietary brands:
- SS Mobile – Its flagship brand, under which it sells mobile phones, accessories, and other electronics through large (above 800 sq. ft.), medium (400–800 sq. ft.), and small (below 400 sq. ft.) stores.
- xchange Wala – Launched in Fiscal 2023, this brand focuses on the sale of pre-owned mobile phones and operates through a “shop-in-shop” model within select SS Mobile stores. According to the Knowledge Company Report, it is among the few organized retailers in India adopting this format.
- The Mobile Space – Also launched in Fiscal 2023, this brand was introduced to enhance reach and customer acquisition in Tier II, Tier III, and beyond cities. These stores typically operate in medium and small formats.
In addition, as of June 30, 2025, the company operated four smartphone cafés in Maharashtra, with two outlets each in Kolhapur and Pune, functioning as exclusive brand outlets for a reputed mobile phone brand.
Store Operating Models
SS Retail Ltd. operates its retail network through a flexible and scalable operating structure, comprising the following models:
- COCO (Company Owned and Company Operated)
- COFO (Company Owned and Franchisee Operated)
- FOFO (Franchisee Owned and Franchisee Operated)
This diversified operating model enables rapid expansion, optimized capital deployment, and strong local market penetration.
Strength Of SS Retail IPO
Risk Of SS Retail IPO
Objectives SS Retail IPO
1. Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028
2. Part funding of the incremental working capital requirements of our Company
3. General corporate purposes
Company Contact Details
SS Retail Ltd. Address
399, E, Basant Bahar Road,
Ratikmal Complex, Shop 6-7, Kolhapur
Mumbai, Maharashtra, 416003
Phone: +91 90961 91222
Email: compliance@ssmobile.com
Website: http://www.ssmobile.com/
Registrar Contact Details
SS Retail IPO - FAQs
The SS Retail IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.