SS Retail opens Rs 500 crore IPO to fund working capital and store expansion
Mobile and electronics retailer SS Retail has opened its Rs 500 crore IPO, comprising a Rs 360 crore fresh issue and Rs 140 crore offer for sale. The 503-store chain across 215 cities plans to deploy funds toward working capital and new-store fit-outs, with expansion focused on Tier II and III markets.
What happened
SS Retail Ltd. · Mobile and electronics retailer SS Retail opens its Rs 500 crore IPO, raising capital largely for working capital and new-store fit-outs. The
Key facts
- Rs 500 crore IPO
- Price band: Rs 403-424 per share
- Fresh issue: Rs 360 crore
- Offer for sale: Rs 140 crore
- 503 stores across 215 cities
What changed
Mobile and electronics retailer SS Retail opens its Rs 500 crore IPO, raising capital largely for working capital and new-store fit-outs. The 503-store chain operates across Maharashtra, Madhya Pradesh, Goa, Karnataka and Gujarat, targeting Tier II and III cities.
Why this matters
SS Retail’s ₹500 crore IPO will fund inventory and new-store fit-outs, accelerating its 503-store expansion into Tier II and III electronics markets.
What to watch
- IPO subscription levels, pricing, listing performance and the final amount raised through the fresh issue.
- Quarterly net store additions, city mix and pace of Tier II/III rollout.
- Same-store sales growth and revenue per store after expansion begins.
- Inventory days, working-capital intensity, debt levels and operating cash-flow conversion.
- Gross-margin and EBITDA-margin trends during promotional and festive periods.