SS Retail IPO Subscription Status
Final figures at close of bidding: 23 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 214.22x |
| NII | 150.33x |
| sNII (₹2L–₹10L) | 120.85x |
| bNII (above ₹10L) | 165.06x |
| Retail (RII) | 35.81x |
| Employee | 2.72x |
| Total | 107.41x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Employee | Total |
|---|---|---|---|---|---|---|
| Day 1 | 0.21x | 2.58x | 1.12x | 2.33x | 0.34x | 1.52x |
| Day 2 | 0.24x | 14.09x | 8.61x | 7.97x | 0.9x | 6.1x |
| Day 3 | 214.22x | 120.85x | 165.06x | 35.81x | 2.72x | 107.41x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Demand in the SS Retail IPO accumulated over 3 days of bidding: overall subscription stood at 1.52× at the close of day 1, read 6.1× at the end of day 2, and finished at 107.41× on day 3. On the final day it was qualified institutional buyers (QIB) driving the book, at 214.22× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 6.1× to 107.41×.
Category detail
The QIB portion ended at 214.22×. Non-institutional investors came in at 150.33×, split 120.85× in the small-NII bucket (bids under ₹10 lakh) and 165.06× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 35.81× the shares reserved for them. Reserved portions ended with the employee quota at 2.72×. That puts qualified institutional buyers (QIB) at the top of the book at 214.22× and the employee quota at the bottom at 2.72×.
What the multiple means for allotment
Retail bids ran to about 35.81 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 35 shares — ₹14,840 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the SS Retail IPO open and close?
- The SS Retail IPO opens on 16 Sept 2026 and closes on 18 Sept 2026.
- How many times was the SS Retail IPO subscribed?
- The SS Retail IPO was subscribed 107.41 times in total across all investor categories.
- What is the reservation split in the SS Retail IPO?
- Of the total shares offered, retail investors get 34.11%, QIBs 19.49% (plus 29.24% anchor), non-institutional investors 14.62%.