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.
Part funding of the incremental working capital requirements of the Company.
General corporate purposes.
SS Retail IPO IPO Financial Performance
(Rs. in crores)
| 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%
Management
Registrar & Lead Managers
Registrar
KFin Technologies
Lead Managers (2)
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
Current Live IPOs
| IPO Name | Listing Date |
|---|---|
| TeamTech Formwork IPO | 26 May |
| Harikanta Overseas IPO | 27 May |
| Vegorama Punjabi IPO | 27 May |
Recently Closed IPOs
| IPO Name | Listing Date |
|---|---|
| NFP Sampoorna IPO | 25 May |
| Goldline Pharma IPO | 19 May |
| RFBL Flexi Pack IPO | 19 May |
Upcoming IPOs
| IPO Name | Listing Date |
|---|---|
| M R Maniveni IPO | 01 Jun |
| Yaashvi Jewellers IPO | 02 Jun |
| SMR Jewels IPO | 03 Jun |