SS Retail Limited IPO
SSRETAIL · Retail · Open for bidding
Updated as on 18-Sep-2026 13:33:00 · Source: NSE (official issue & subscription data) · Issue: Initial Public offer comprising of Fresh Issue aggregating up to Rs.3,600 million and Offer for Sale aggregating up to Rs.1,400 million (including Anchor portion 34,52,829 Equity Shares)
Traddx read: Strong demand
- Demand is broad and institution-led.
- Strong institutional demand — QIB subscribed 20.2× (big investors are backing it).
- Retail is piling in (22.6×) — popular, but retail froth can fade after listing.
- Overall subscription 31.9×.
- This summarises subscription demand only — it is information, not a recommendation to apply or avoid. Not investment advice.
- Grey market is hot — dealers indicate ~32% listing premium (unofficial, can swing fast).
SS Retail Limited is open for bidding in the Retail space, with a price band of Rs.403 to Rs.424 and an issue size of ₹500 Cr. The grey market premium (unofficial, via ipowatch.in) is around ₹137 (~32% over the issue price), a rough and volatile hint of listing demand. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 20.22× |
| Non-institutional (NII) | 74.66× |
| Retail | 22.56× |
| Employees | 1.80× |
| Total | 31.93× |
How the sector is valued (listed Retail peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| DMART | ₹3748.35 | 73.43 | — | 5.1% |
| FRETAIL | ₹2.41 | -0.03 | — | -38.69% |
| EMIL | ₹201.0 | 37.5 | — | 4.99% |
| VMM | ₹100.75 | 71.96 | — | 9.18% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.