SS Retail Files for ₹500 Cr IPO with SEBI, Plans Major Expansion

• Mobile and electronics retailer SS Retail filed DRHP with SEBI for a ₹500 crore IPO.
• IPO includes a ₹300 crore fresh issue and a ₹200 crore Offer for Sale (OFS).
• Funds will be used for opening new stores (FY27-28), working capital, and general corporate purposes.
• Company focuses on Tier 2 and Tier 3 cities, with 347 stores (334 in Maharashtra) across 4 states.
• Reported strong financial growth: Operational income rose from ₹1,207 cr (FY24) to ₹1,598 cr (FY25), PAT from ₹26.65 cr to ₹39.86 cr.

Why It Matters: SS Retail seeks ₹500 Cr via IPO for aggressive expansion in Tier 2/3 cities.