SEBI clears SS Retail and Aspri Spirits IPOs in ₹1,200 cr triple-approval round

SEBI greenlit mobile retailer SS Retail's ₹500 cr IPO (₹300 cr fresh, ₹200 cr OFS) earmarked for FY27-FY28 store rollout, alongside premium liquor importer Aspri Spirits' ₹140 cr issue covering its 323-brand portfolio including The Dalmore and Whyte & Mackay. Auto-lighting firm Neolite ZKW's ₹600 cr IPO rounds out the trio.

— Source publishedFri, 15 May, 2026, 18:48 IST·First seen Fri, 15 May, 2026, 18:54 IST·Source The Hindu BusinessLine

What happened

SEBI approved IPOs of mobile phone retailer SS Retail (₹500 cr, funding new stores in FY27-28) and premium liquor importer Aspri Spirits (₹140 cr, 323-brand

Key facts

  • ₹1,200 crore total
  • SS Retail ₹500 crore (₹300 cr fresh + ₹200 cr OFS)
  • Aspri Spirits ₹140 crore + 50 lakh OFS shares
  • Neolite ZKW ₹600 crore
  • 323 brands

Why this matters

Aspri Spirits' 323-brand portfolio going public sets a fresh comparable for premium liquor import M&A, while SS Retail's OFS component opens a partial-exit template that mid-sized mobile retail chains can now benchmark against.