SS Retail Limited IPO
SS Retail Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

Price Band

Total Issue

₹500 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

SS Retail Limited is a multi-brand retail chain for mobile phones, accessories, and electronic items, with operations across Maharashtra, Karnataka, Madhya Pradesh, and Goa. As of March 31, 2025, the company operated 347 stores across 149 cities, the largest mobile phone retail chain in West India and Maharashtra and 4th largest in India. Its focus is on Tier II and Tier III cities. The store count grew from 181 stores in 89 cities as of March 31, 2023 to 347 stores at a CAGR of 38.46%, representing the 2nd highest growth rate among peers. As of June 30, 2025, the company operated 376 stores across 191,233 square feet. In Fiscal 2025, its sales per square feet of ₹1,20,188.73 was the highest among peers, reflecting efficient space utilisation and store productivity.

Objects of the Issue

Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028.

₹12.45 Cr

Part funding of the incremental working capital requirements of the Company.

₹238.91 Cr

General corporate purposes.

₹TBA Cr

SS Retail IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for SS Retail IPO
Particulars Jun-25 Mar-25 Mar-24 Mar-23
Revenue 497.64 1,597.93 1,206.74 832.04
PAT 14.86 39.86 26.65 11.56
Net Worth 171.23 141.37 101.51 74.86
Borrowings 81.85 125.36 110.43 52.83
Assets 405.74 389.44 278.25 178.74
NAV (₹) 26.04 23.92 15.62 11.54
EPS (₹) 9.14 6.13 4.10 1.78

Key Performance Indicators (KPIs)

EBITDA

5.03%

PAT

2.49%

ROE

30.94%

ROCE

25.78%

Net Debt to Equity

0.60

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band

Promoter Holding

Promoter

75.74%

Public

24.26%

Siddharth Gunvant Shah 51.03%
Deepa Siddharth Shah 13.27%
Harshal Kishor Parekh 8.44%
Others 3.00%

Management

Siddharth Gunvant Shah Chairman & MD
Harshal Kishor Parekh WTD
Deepa Siddharth Shah WTD
Rajneesh Gulati CFO

Registrar & Lead Managers

Company Details

Name: SS Retail Limited

Address: 399, E, Basant Bahar Road, Ratikmal Complex, Shop 6-7, Kolhapur – 416 003, Maharashtra, India

Number: +91 90961 91222

Email: compliance@ssmobile.com

Website: www.ssmobile.com

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