Stories
SS Retail IPO Allotment Finalized Today: Check Status on BSE, NSE, KFin Technologies
- •SS Retail IPO allotment status to be finalized today, September 21, after strong demand during its three-day bidding period.
- •The IPO was subscribed 103.30 times overall, with QIBs at 203.61 times, NIIs at 143.32 times, and retail at 36.36 times.
- •Investors can check allotment status via KFin Technologies, BSE, and NSE websites; shares list on September 23.
- •Grey Market Premium (GMP) for SS Retail shares is around 34.91% over the issue price, implying a listing price of Rs 572.
- •The company plans to use fresh issue proceeds for working capital and establishing new stores, aiming for 120 new stores in FY27 and FY28.
Key Questions Answered
Investors can check the SS Retail IPO share allotment status online through the issue registrar, KFin Technologies, or via the official websites of the BSE and NSE. You will need your PAN, application number, or DP ID/Client ID to complete the verification and view your allotment details.
The SS Retail IPO was subscribed 103.30 times overall by the end of its bidding period on September 18, with the qualified institutional buyers portion booked 203.61 times. In the grey market, the shares commanded a premium of about 35 percent, translating to a GMP of roughly Rs 148 over the upper end of the price band.
Shares of SS Retail are scheduled to make their stock market debut on the BSE and NSE on September 23, following the finalization of share allotment, refunds, and demat credits. The company's IPO comprised a fresh issue and an offer-for-sale aggregating up to Rs 500 crore.
