SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SS Retail gets SEBI’s nod to raise Rs 500 crore through IPO

18 May 2026 Evaluate

SS Retail has received the Securities and Exchange Board of India’s (SEBI's) approval to raise Rs 500 crore through an initial public offering (IPO). The company's maiden public offering will be a combination of fresh issue of shares worth Rs 300 crore, along with an offer for sale (OFS) of Rs 200 crore by promoters and other shareholders.

Proceeds of the fresh issue will be used to fund capital expenditure for fit outs towards setting up of new stores in FY27 and FY28; working capital requirements; and general corporate purposes. Anand Rathi Advisors and Emkay Global Financial Services have been appointed as merchant bankers. The shares of the company are proposed to be listed on BSE and NSE. 

SS Retail is a multi-brand retail chain for mobile phones, accessories and other electronic items, with operations in four states -- Maharashtra, Karnataka, Madhya Pradesh, and Goa with focus on tier-II and tier-III cities and beyond.


Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×