SS Retail IPO Subscription
ListedUpdated 23 September 2026, 9:15 AM IST· Mainboard
SS Retail IPO subscription closed on 18 September 2026 at 108.69x overall by shares. QIB demand came in at 214.22x, NII at 150.79x, and retail at 38.26x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 21 September 2026. Listing date on NSE and BSE is 23 September 2026.
SS Retail IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 16 Sept 2026 | 0.21x | 1.61x | 2.33x | 1.52x |
| Day 2 - 17 Sept 2026 | 0.24x | 10.43x | 7.97x | 6.10x |
| Day 3 - 18 Sept 2026 | 214.22x | 150.33x | 35.81x | 107.41x |
SS Retail IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
SS Retail IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 34.16x | 1 in 34 |
| SHNI (Rs 2L to Rs 10L) | 118.84x | 1 in 119 |
| BHNI (above Rs 10L) | 33.69x | 1 in 34 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the SS Retail IPO Allotment Status page from 21 September 2026 for your result.
SS Retail IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 424.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 97.60 Cr | Rs 20,907.43 Cr | 214.22x |
| FII | - | Rs 5,231.05 Cr | - |
| DFI | - | Rs 9,121.13 Cr | - |
| Mutual Funds | - | Rs 1,574.39 Cr | - |
| Other | - | Rs 4,980.85 Cr | - |
| NII | Rs 73.20 Cr | Rs 11,037.89 Cr | 150.79x |
| bNII (above Rs 10L) | Rs 48.80 Cr | Rs 8,055.13 Cr | 165.06x |
| Corporate | - | Rs 82.10 Cr | - |
| Individual | - | Rs 7,727.73 Cr | - |
| Other | - | Rs 245.29 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 24.40 Cr | Rs 2,982.76 Cr | 122.24x |
| Corporate | - | Rs 9.24 Cr | - |
| Individual | - | Rs 2,895.89 Cr | - |
| Other | - | Rs 77.63 Cr | - |
| Retail | Rs 170.80 Cr | Rs 6,534.62 Cr | 38.26x |
| Cut-off price | - | Rs 5,722.02 Cr | - |
| Fixed price | - | Rs 812.60 Cr | - |
| Employee | Rs 12.75 Cr | Rs 36.18 Cr | 2.84x |
| Cut-off price | - | Rs 26.75 Cr | - |
| Fixed price | - | Rs 9.42 Cr | - |
| Total | Rs 354.35 Cr | Rs 38,516.12 Cr | 108.69x |
SS Retail IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 23,01,886 | 574 | 0.00x |
| FII | - | 66 | - |
| DFI | - | 40 | - |
| Mutual Funds | - | 34 | - |
| Other | - | 434 | - |
| NII | 3,523 | 2,18,659 | 62.07x |
| bNII (above Rs 10L) | 2,349 | 79,138 | 33.69x |
| Corporate | - | 740 | - |
| Individual | - | 76,004 | - |
| Other | - | 2,394 | - |
| sNII (Rs 2L to Rs 10L) | 1,174 | 1,39,521 | 118.84x |
| Corporate | - | 404 | - |
| Individual | - | 1,35,456 | - |
| Other | - | 3,661 | - |
| Retail | 1,15,094 | 39,31,076 | 34.16x |
| Cut-off price | - | 34,23,337 | - |
| Fixed price | - | 5,07,739 | - |
| Employee | 8,593 | 12,539 | 1.46x |
| Cut-off price | - | 10,094 | - |
| Fixed price | - | 2,445 | - |
| Total | 24,29,096 | 41,62,848 | 1.71x |
What Do These Subscription Numbers Mean?
108.69x overall by shares means bids covered about 109 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 214.22x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (62.07x by applications). Split: SHNI 118.84x, BHNI 33.69x by applications. SHNI and BHNI allotment is by lottery.
At 34.16x subscription by applications, about 1 in 34 retail applicants may get allotment (~3% chance per application). Retail allotment is also by lottery.
SS Retail IPO GMP After Subscription
GMP for SS Retail IPO stands at Rs 160.00 today, giving an estimated listing price of Rs 584.00 per share.
The GMP has moved up from Rs 30.00 on 10 Sept 2026 to Rs 160.00 on 23 Sept 2026.
A subscription of 108.69x combined with a GMP of 37.74% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the SS Retail IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
SS Retail IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 16 September 2026 |
| IPO Close Date | 18 September 2026 |
| Allotment Date | 21 September 2026 |
| Refund Initiation | 22 September 2026 |
| Share Credit to Demat | 22 September 2026 |
| Listing Date | 23 September 2026 |
| Minimum Investment | Rs 14,840.00 |
| Lot Size | 35 shares |
About SS Retail IPO
Originally incorporated in 2016, SS Retail Limited is a rapidly growing multi-brand retail chain operating primarily in West India, specializing in the sale of mobile phones, accessories, pre-owned smartphones, and other electronic products. The company operates a network of 503 stores across Maharashtra, Goa, Karnataka, and Madhya Pradesh as of March 2026, functioning under proprietary brands like 'SS Mobile', 'The Mobile Space', and the shop-in-shop concept 'Mobile Exchange Wala'. SS Retail utilizes a scalable mix of Company Owned and Company Operated (COCO), Company Owned and Franchisee Operated (COFO), and Franchisee Owned and Franchisee Operated (FOFO) store models to deeply penetrate Tier II, Tier III, and beyond markets.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
SS Retail IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
SS Retail IPO Details
Issue size, price, financials, and company info
SS Retail IPO GMP
Live grey market premium and listing estimate
SS Retail IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
SS Retail IPO Allotment
Allotment date, chances, and check by PAN
SS Retail IPO Review
SWOT, strengths, risks, and IPO review
SS Retail IPO FAQ
Common questions on dates, GMP, and allotment
SS Retail IPO Registrar
Registrar website and how to check allotment
SS Retail IPO Timeline
Open, close, allotment, and listing dates
SS Retail IPO News
Updates, blogs, and latest IPO news
SS Retail IPO Subscription FAQs
What is SS Retail IPO subscription status today?
SS Retail IPO subscription closed on 18 September 2026 with overall subscription of 108.69x (by shares) as of 12 October 2026, 5:32 AM IST. QIB 214.22x, NII 62.07x, Retail 34.16x.
What is the overall subscription of SS Retail IPO?
SS Retail IPO is subscribed 108.69x overall by shares at close on 18 September 2026. QIB 214.22x, NII 62.07x, and Retail 34.16x.
What is SS Retail IPO QIB subscription?
SS Retail IPO QIB (Qualified Institutional Buyers) subscription is 214.22x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is SS Retail IPO Retail subscription?
SS Retail IPO Retail subscription is 34.16x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is SS Retail IPO NII, SHNI, and BHNI subscription?
SS Retail IPO NII subscription is 62.07x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 118.84x and BHNI (above Rs 10L) at 33.69x.
What are SS Retail IPO retail allotment chances?
At 34.16x subscription by applications, about 1 in 34 retail applicants may get allotment (~3% chance per application). Allotment is by lottery. Share subscription was 38.26x. Allotment chances use applications, not share volume.
What are SS Retail IPO SHNI allotment chances?
At 118.84x subscription by applications, about 1 in 119 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 122.24x. Allotment chances use applications, not share volume.
What are SS Retail IPO BHNI allotment chances?
At 33.69x subscription by applications, about 1 in 34 BHNI applicants may get allotment (~3% chance per application). Allotment is by lottery. Share subscription was 165.06x. Allotment chances use applications, not share volume.
When is SS Retail IPO allotment date?
SS Retail IPO allotment date is 21 September 2026. Check SS Retail IPO Allotment Status on IPOwiz from that day using your PAN.
When does SS Retail IPO subscription close?
SS Retail IPO subscription closed on 18 September 2026. No new applications are accepted after the close.
What is SS Retail IPO GMP today?
SS Retail IPO GMP is ₹160 today (+37.74% over issue price ₹424). See live GMP on the SS Retail IPO GMP Today page.
What is SS Retail IPO issue price and lot size?
SS Retail IPO issue price is ₹424 per share. Lot size is 35 shares. Minimum investment is ₹14,840 per lot. Issue size: ₹500.75 Cr.
When is SS Retail IPO listing date?
SS Retail IPO listing date is 23 September 2026 on NSE and BSE. Allotment is on 21 September 2026.
How does subscription affect SS Retail IPO allotment?
In SS Retail IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 108.69x overall, competition is very high.
For allotment results from 21 September 2026, visit the SS Retail IPO Allotment Status page. For listing day updates on 23 September 2026, download the IPOwiz App.
Sources
We match SS Retail IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.