SS Retail Limited IPO
SSRETAIL · Retail · Open for bidding
Price band
Rs.403 to Rs.424
Issue size
₹373 Cr
Open
16-Sep-2026
Close
18-Sep-2026
Subscription
3.92×
GMP · unofficial
₹133 · ~31%
Traddx read: Neutral
- Mixed demand — reasonable for a listing pop, but not a standout. Size your bid accordingly.
- Weak institutional interest — QIB only 0.23×.
- Retail is piling in (7.5×) — popular, but retail froth can fade after listing.
- Overall subscription 3.9×.
- Grey market is hot — dealers indicate ~31% listing premium (unofficial, can swing fast).
SS Retail Limited is open for bidding in the Retail space, with a price band of Rs.403 to Rs.424 and an issue size of ₹373 Cr. The grey market premium (unofficial, via ipowatch.in) is around ₹133 (~31% over the issue price), a rough and volatile hint of listing demand. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 0.23× |
| Non-institutional (NII) | 9.89× |
| Retail | 7.53× |
| Employees | 0.85× |
| Total | 5.76× |
How the sector is valued (listed Retail peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| DMART | ₹3715.0 | 72.77 | 0.0 | 5.1% |
| FRETAIL | ₹2.41 | -0.03 | 0.0 | -38.69% |
| EMIL | ₹184.8 | 34.48 | 0.0 | 4.99% |
| VMM | ₹101.1 | 72.21 | 0.0 | 9.18% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.