IPO Synopsis
SS Retail Ltd
Initial public offering of 11,805,959 equity shares of face value of Rs. 10 each (Equity Shares) of S S Retail Limited (Company or Issuer) for cash at a price of Rs. 424 per equity share (including a share premium of Rs. 414 per equity share) (Offer Price) aggregating to Rs. 500.00 Crores (Offer) comprising a fresh issue of 8,504,075 equity shares of face value of Rs. 10 each aggregating to Rs. 360.00 Crores by the company (Fresh Issue) and an offer for sale of 3,301,884 equity shares of face value of Rs. 10 each (Offered Shares) aggregating to Rs. 140.00 Crores by the selling shareholders (Offer For Sale) comprising 1,061,320 equity shares of face value of Rs. 10 each aggregating to Rs. 45.00 Crores by Siddharth Gunvant Shah, 330,188 equity shares of face value of Rs. 10 each aggregating to Rs. 14.00 Crores by Deepa Siddharth Shah, 188,679 equity shares of face value of Rs. 10 each aggregating to Rs. 8.00 Crores by Harshal Kishor Parekh, 70,754 equity shares of face value of Rs. 10 each aggregating to Rs. 3.00 Crores by Bhavini Harshal Parekh (each, a promoter selling shareholder) and 1,650,943 equity shares of face value of Rs. 10 each aggregating to Rs. 70.00 Crores by Rakhi Narendra Firodia (other selling shareholder, and together with the promoter selling shareholders, the selling shareholders). The offer shall constitutes 15.88% of the post-offer paid-up equity share capital of the company. This offer includes a reservation of 300,751 equity shares of face value of Rs. 10 each, aggregating to Rs. 12.00 Crores (constituting 0.40% of the post-offer paid-up equity share capital) for subscription by eligible employees (Employee Reservation Portion). The company in consultation with the book running lead managers (brlms), may offer a discount of Rs. 25 to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 15.88% and 15.47%, respectively, of the post-offer paid-up equity share capital. Price Band: Rs. 424 per equity share of face value of Rs. 10 each. The floor price 42.40 times the face value of the equity shares, respectively. Bids can be made for a minimum of 35 equity shares of face value of Rs. 10 each and in multiples of 35 equity shares of face value of Rs. 10 each thereafter. A Discount of Rs. 25 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
16-Sep-26 18-Sep-26
Money Payable On
Application Allotment
424.00 0.00
Minimum Application for shares in Nos : 35 Further Multiples of : 35
Cr Lead Managers to the Issue
Project Cost (.Cr) 333.56 Anand Rathi Advisors Limited
Project Financed through Current Offer (.Cr) 500.00  
Post Issue Equity Share Capital (.Cr) 74.35
Issue Price () 424.00
Projects
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
Promoted By
Siddharth Gunvant Shah
Deepa Siddharth Shah
Harshal Kishor Parekh
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

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