SS Retail IPO GMP Today is in focus as the ₹500-crore mainboard issue enters its final day of bidding. The grey market premium has shown remarkable recovery, rising from a low of ₹80 to around ₹137 per share, indicating strong investor demand on the last day of subscription .
SS Retail IPO GMP Today: Live Grey Market Premium
The SS Retail IPO GMP stood at approximately ₹137 per share as of the morning of September 18, 2026, according to the latest data from NDTV Profit . This translates to a potential listing premium of 32.31% over the upper price band of ₹424.
| Metric | Value |
|---|---|
| SS Retail IPO GMP Today | ₹137 per share |
| Estimated Listing Price | ₹561 per share |
| Premium Over Upper Band | 32.31% |
| Data Source | NDTV Profit, September 18, 2026 |
In the grey market, SS Retail IPO shares were commanding a premium of around 33% over the upper end of the IPO price band on the morning of September 18, according to InvestorGain . Investors must note that grey market premiums are unofficial indicators and can change before listing.
SS Retail IPO Subscription Status
The SS Retail IPO witnessed a significant surge in demand on its final day of bidding. The ₹500-crore issue was subscribed 14.67 times as of 11:30 am on September 18, according to NSE data .
| Category | Subscription Times |
|---|---|
| Retail Individual Investors (RIIs) | 14.78x |
| Non-Institutional Investors (NIIs) | 35.88x |
| Qualified Institutional Buyers (QIBs) | 0.23x |
| Total | 14.67x |
The IPO received bids for 12,89,67,580 shares against 87,93,884 shares on offer . The SS Retail IPO will close today, September 18, 2026.
SS Retail IPO Details: Price Band, Lot Size, and Dates
The SS Retail IPO is a book-built issue comprising a fresh issue of shares worth ₹360 crore and an offer-for-sale (OFS) of ₹140 crore . The price band has been fixed at ₹403 to ₹424 per share .
| Detail | Information |
|---|---|
| IPO Opening Date | September 16, 2026 |
| IPO Closing Date | September 18, 2026 |
| Price Band | ₹403 – ₹424 per share |
| Lot Size | 35 shares |
| Minimum Investment (Retail) | ₹14,840 |
| Allotment Date | September 21, 2026 |
| Listing Date | September 23, 2026 |
| Listing Exchanges | BSE, NSE |
Ahead of the public issue, SS Retail raised ₹146.4 crore from anchor investors through the allotment of 34.52 lakh shares to 14 institutional investors at ₹424 per share . Domestic mutual funds accounted for a significant portion of the anchor allocation, with 28.70 lakh shares, or 83.14% of the total anchor book, allotted to 11 domestic mutual funds through 19 schemes .
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SS Retail IPO Financials and Company Overview
SS Retail operates a multi-brand retail chain selling mobile phones, accessories, and other electronic products. Its operations span Maharashtra, Karnataka, Madhya Pradesh, Goa, and Gujarat . As of July 31, 2026, the company had expanded its retail network to 536 stores across these five states, up from 503 stores as of March 31, 2026 .
The company reported revenue of ₹2,352.85 crores in 2026 against ₹1,599.96 crores in 2025. Profit stood at ₹59.28 crores in 2026 compared to ₹39.86 crores in 2025 . The company plans to use a portion of the fresh issue proceeds towards funding its working capital requirements .
Of the net proceeds from the fresh issue, ₹241.3 crore has been earmarked for incremental working capital requirements, while ₹12.4 crore will be used for setting up new stores during the current financial year and FY28 .
SS Retail IPO Review and Analyst Views
Brokerages have taken note of the company’s strong positioning in Tier II and Tier III markets along with its sectoral leadership; however, they flagged the steep valuations . At approximately 46.5x FY26 P/E, much of the operational upside is already priced in, leaving limited margin of safety for retail investors, said Swastika Investmart as it assigned a ‘neutral’ rating to the offer .
Meanwhile, SBI Securities suggested to ‘subscribe’ at the cut-off considering its strong growth, improving store economics, increasing mix of higher-margin categories, and healthy return ratios .
The IPO is being managed by Anand Rathi Advisors and Emkay Global Financial Services as the book-running lead managers .
Frequently Asked Questions
What is SS Retail IPO GMP today?
The SS Retail IPO GMP today is approximately ₹137 per share, indicating a potential listing premium of 32.31% over the upper price band of ₹424 .
When is the SS Retail IPO allotment date?
The SS Retail IPO allotment date is September 21, 2026 .
When will SS Retail IPO list?
SS Retail IPO will list on BSE and NSE on September 23, 2026 .