SS Retail IPO Day 3 Subscription at 107.41x; QIB Leads at 214.22x

Generic user silhouette icon Varda Khade - 0 min read

Last Updated: 28th September 2026 - 12:23 pm

SS Retail IPO was subscribed 107.41 times by 5:06 PM on Day 3, September 18, 2026. The public issue received bids for 89,77,01,245 shares against 83,57,354 shares available for subscription, based on the provided subscription data.
The Qualified Institutional Buyers (QIB) category led the bidding on Day 3, with its reserved portion subscribed 214.22 times. The Non-Institutional Investors (NII) portion was subscribed 150.33 times, while the Retail Investors portion was subscribed 6.10 times. The Employee (EMP) portion recorded 2.72 times subscription.

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
Day 2 (September 17) 0.24 10.44 7.97 0.90 6.90
Day 3 (September 18) 214.22 150.33 6.10 2.72 107.41

Here are the subscription details for SS Retail IPO Day 3, 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    49,30,99,775    20,907.43  
NII 1.60 17,26,415         25,95,27,660 11,003.97
Retail 2.32 40,28,301 14,42,56,525  6,116.48
EMP 0.34 3,00,752 8,17,285 34.65
Total 1.52 83,57,354

89,77,01,245           

38,062.53      

Key Highlights – Day 3

  • SS Retail IPO was subscribed 107.41 times overall on Day 3.
  • The QIB portion led the bidding at 214.22 times.
  • The NII portion was subscribed 150.33 times.
  • The Retail portion was subscribed 6.10 times.
  • The Employee portion recorded 2.72 times subscription.
  • The IPO received bids for 89,77,01,245 shares against 83,57,354 shares on offer.

Key Highlights – Day 2

  • SS Retail IPO was subscribed 6.90 times overall on Day 2.
  • The NII portion led the bidding at 10.44 times.
  • The Retail portion was subscribed 7.97 times.
  • The Employee portion recorded 0.90 times subscription.
  • The QIB portion was subscribed 0.24 times.

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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