IPO Details

About Company

SS Retail Ltd., incorporated in 2010, is a prominent player in the Indian retail sector, specializing in a diverse range of consumer goods including apparel, electronics, and household items. The company operates under the umbrella of the SS Group, which has a strong footing in various sectors including manufacturing and distribution. SS Retail's business model focuses on a multi-channel approach, combining both brick-and-mortar stores and an online presence to cater to a wider customer base. The company boasts a robust product portfolio and has established manufacturing capacities across several locations in India, ensuring a steady supply chain. Geographically, SS Retail has a significant presence in major urban centers, with a distribution network that includes both direct-to-consumer sales and partnerships with various e-commerce platforms. For the fiscal year ending March 2023, SS Retail reported a total income of INR 500 crore, with a net profit of INR 50 crore, yielding an EBITDA margin of 15%. The company has demonstrated strong financial metrics with a Return on Capital Employed (ROCE) of 12% and a Return on Equity (ROE) of 10%. The debt-equity ratio stands at a manageable 0.5, indicating prudent financial management. The objectives of the IPO include funding expansion initiatives, enhancing working capital, and repaying existing debt. Post-issue, the market capitalization is projected to be around INR 1,500 crore, with an earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 15. Investor sentiment appears positive, driven by the company's growth potential and strategic market positioning.