IPO Guru
Bajaj
Listed Mainboard

SS Retail IPO Subscription Status

SS Retail IPO was subscribed 103.3 times when bidding closed on 18 Sep 2026: QIB 203.61x, NII 143.32x, Retail 36.36x.

The SS Retail IPO has been subscribed 103.3x times overall. Retail investors have shown interest with bids for 36.36x the shares available. The Non-Institutional Investor (NII) category has been subscribed 143.32x. Within NII, Big HNI (B-HNI) subscribed 156.89x and Small HNI (S-HNI) subscribed 116.19x. Qualified Institutional Buyers (QIBs) have subscribed 203.61x. Data last updated on 23 Sep, 06:30 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 16 Sep, 2026 and closes on 18 Sep, 2026. The shares are expected to list on stock exchanges on 23 Sep, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 23 Sep 2026, 06:30 PM
Category Bid details Times
QIB 49,30,99,775 of 24,21,834 159 applications 20,907.43 Cr 203.61x
NII 26,03,27,515 of 18,16,377 2,16,972 applications 11,037.89 Cr 143.32x
bHNI — bid amount above ₹10 Lakh
18,99,79,440 78,876 applications 8,055.13 Cr 156.89
sHNI — bid amount ₹2–10 Lakh
7,03,48,075 1,38,096 applications 2,982.76 Cr 116.19
Retail 15,41,18,475 of 42,38,213 38,08,877 applications 6,534.62 Cr 36.36x
Employee 8,53,230 of 3,17,460 383 applications 36.18 Cr 2.69x
TOTAL 90,83,98,995 40,26,391 applications 38,516.12 Cr 103.3x

SS Retail IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹424, employees ₹399.

Applications
40,26,414
Allottees
1,19,875
Overall odds
1 out of 34
Amount collected
₹38,319 Cr
Category Apps Got Odds
QIB 86.22x subscribed 182 181 1 out of 1
Ex. Anchor
159 158 1 out of 1
Anchor
23 23 All
NII (HNI) 149.97x subscribed 2,16,972 3,543 1 out of 61
bNII >₹10L
78,876 2,362 1 out of 33
sNII <₹10L
1,38,096 1,181 1 out of 117
Retail 37.11x subscribed 38,08,877 1,15,768 1 out of 33
Employees 0.76x subscribed 383 383 All
TOTAL 76.61x subscribed 40,26,414 1,19,875 1 out of 34

SS Retail IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 31
~3.2% chance per PAN — 38,08,877 applicants for 1,21,091 allotment slots. Winners get exactly 1 lot (₹14,840) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 112
~0.9% chance — 1,38,096 applicants for 1,235 allotment slots. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 32
~3.1% chance — 78,876 applicants for 2,471 allotment slots. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
203.61x
Proportionate allotment — at 203.61x, institutions receive ~0.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 37 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 203.61x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
18 Sep 2026
Day 3
103.3x ▼
QIB203.61x BHNI156.89x SHNI116.19x Retail36.36x Employee2.69x
17 Sep 2026
Day 2
5.78x ▼
QIB0.23x BHNI8.18x SHNI13.37x Retail7.55x Employee0.86x
16 Sep 2026
Day 1
1.44x ▼
QIB0.2x BHNI1.06x SHNI2.45x Retail2.2x Employee0.32x

SS Retail IPO dates

From the bidding window to listing. Today is 24 October.

Key dates Listed
  1. Open 16 Sep 2026
  2. Close 18 Sep 2026
  3. Allotment 21 Sep 2026
  4. Refund/credit 22 Sep 2026
  5. Listing 23 Sep 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
MAGNUM EQUITY EX-TOP 100 LONG SHORT FUND ₹17.50 Cr 11.95%
ICICI PRUDENTIAL ACTIVE MOMENTUM FUND ₹15.00 Cr 10.25%
KOTAK MAHINDRA LIFE INSURANCE CO.LTD. ₹10.00 Cr 6.83%
AXIS SERVICES OPPORTUNITIES FUND ₹9.92 Cr 6.78%
BANDHAN MIDCAP FUND ₹9.92 Cr 6.78%
MIRAE ASSET GREAT CONSUMER FUND ₹9.92 Cr 6.78%
TATA INDIA CONSUMER FUND ₹9.92 Cr 6.78%
MOTILAL OSWAL CONSUMPTION FUND ₹9.25 Cr 6.32%
360 ONE EQUITY OPPORTUNITY FUND-SERIES II ₹9.25 Cr 6.32%
KOTAK CONSUMPTION FUND ₹9.00 Cr 6.15%
ADITYA BIRLA SUN LIFE SPECIAL OPPORTUNITIES FUND ₹8.00 Cr 5.46%
BENGAL FINANCE & INVESTMENT PVT.LTD. ₹5.45 Cr 3.72%
WHITEOAK CAPITAL MULTI CAP FUND ₹4.50 Cr 3.07%
INVESCO INDIA CONSUMPTION FUND ₹4.00 Cr 2.73%
INVESCO INDIA ELSS TAX SAVER FUND ₹4.00 Cr 2.73%
KOTAK SERVICES FUND ₹3.50 Cr 2.39%
WHITEOAK CAPITAL BALANCED ADVANTAGE FUND ₹2.00 Cr 1.37%
WHITEOAK CAPITAL BALANCED HYBRID FUND ₹1.50 Cr 1.02%
WHITEOAK CAPITAL AGGRESSIVE HYBRID FUND ₹1.50 Cr 1.02%
WHITEOAK CAPITAL ELSS TAX SAVER FUND ₹1.00 Cr 0.68%
WHITEOAK CAPITAL CONSUMPTION OPPORTUNITIES FUND ₹1.00 Cr 0.68%
WHITEOAK CAPITAL EQUITY SAVINGS FUND ₹0.25 Cr 0.17%
TOTAL ₹146.38 Cr 99.98%

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of SS Retail IPO?

As of IPO close date (18 Sep, 2026), the SS Retail IPO is subscribed 103.3x times. Retail category is 36.36x, and NII is 143.32x subscribed.

When is the allotment date for SS Retail IPO?

The allotment for SS Retail IPO is expected to be finalized on 21 September, 2026.

What is the GMP of SS Retail?

The Grey Market Premium (GMP) for SS Retail is currently ₹160, indicating a potential listing gain of 37.74%.

When will SS Retail IPO list on the stock market?

SS Retail is scheduled to list on BSE and NSE on 23 September, 2026.

What are the chances of getting allotment in SS Retail IPO?

The retail category is oversubscribed at 36.36x, meaning allotment is by lottery. Statistically, approximately 1 in 37 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 203.61x mean for SS Retail IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 203.61x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check SS Retail IPO allotment status?

After the allotment date (21 Sep, 2026), you can check your SS Retail IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore SS Retail IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
103.3x
QIB
203.61x
NII
143.32x
bHNI
156.89x
sHNI
116.19x
Retail
36.36x
Full IPO details