SS Retail IPO Opens with 1.52x Subscription on Day 1

Generic user silhouette icon Varda Khade - 0 min read

Last Updated: 16th September 2026 - 05:12 pm

SS Retail IPO was subscribed 1.52 times by 5:06 PM on Day 1, September 16, 2026. The public issue received bids for 1,26,94,745 shares against 83,57,354 shares available for subscription, based on the provided subscription data.

Retail investors led the bidding on Day 1, with their reserved portion subscribed 2.32 times. The Non-Institutional Investors (NII) portion was subscribed 1.60 times, while the Employee portion recorded 0.34 times subscription. The Qualified Institutional Buyers (QIB) portion was subscribed 0.21 times.

Subscription Status of SS Retail IPO

Date QIB NII Retail EMP Total
Day 1 (September 16) 0.21 1.60 2.32 0.34 1.52

Here are the subscription details for SS Retail IPO Day 1, as of 5:06 PM:

Investor Category Subscription (times) Shares Offered Shares bid for Total
Anchor 1 34,52,829    34,52,829  146.400
QIB 0.21 23,01,886    4,79,395     20.326   
NII 1.60 17,26,415         27,69,795 117.439
Retail 2.32 40,28,301 93,42,515    396.123
EMP 0.34 3,00,752 1,03,040 4.369
Total 1.52 83,57,354

1,26,94,745              

538.257        

Key Highlights – Day 1

  • SS Retail IPO was subscribed 1.52 times overall on Day 1.
  • The Retail portion led the bidding at 2.32 times.
  • The NII portion was subscribed 1.60 times.
  • The Employee portion recorded 0.34 times subscription.
  • The QIB portion was subscribed 0.21 times.

About SS Retail Limited

Incorporated in 2016, SS Retail Limited is a multi-brand retailer of mobile phones, accessories and electronics, primarily serving Tier II, Tier III and smaller cities. As of March 31, 2026, it operated 503 stores across 215 cities in five states. Its portfolio includes smartphones, accessories, televisions, laptops and tablets, along with related services.

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