SS Retail opens ₹500 crore IPO on September 16 at ₹403–424 per share
Bhilwara-based SS Retail’s public issue will run September 16–18, comprising up to ₹360 crore in fresh shares and up to ₹140 crore through an offer for sale. The reported grey-market premium was ₹120, implying a 28.3% premium to the upper price band.
What happened
SS Retail’s IPO opens September 16 and closes September 18, with a Rs 403-424 price band. The issue includes up to Rs 360 crore in fresh shares and Rs 140 crore
Key facts
- SS Retail price band: Rs 403-424 per share
- SS Retail fresh issue: up to Rs 360 crore
- SS Retail OFS: up to Rs 140 crore
- SS Retail GMP: Rs 120
- SS Retail implied premium: 28.30%
What changed
SS Retail’s IPO opens September 16 and closes September 18, with a Rs 403-424 price band. The issue includes up to Rs 360 crore in fresh shares and Rs 140 crore OFS; grey-market premium was Rs 120.
Why this matters
SS Retail’s ₹500 crore IPO could fund store expansion and operating scale, though execution against public-market growth expectations will be critical.
What to watch
- Anchor-book allocation and institutional investor participation before the issue opens.
- Daily subscription levels, especially QIB versus retail/HNI demand.
- Movement in the unofficial grey-market premium relative to the ₹424 upper price band.
- Final issue pricing, allocation mix and any revisions to use-of-proceeds disclosures.
- Listing-day turnover and closing price versus issue price.