SS Retail IPO Opens September 16; Company Plans Rs.500 Crore Issue

SS Retail is scheduled to open its IPO on September 16 and close on September 18. The issue is expected to raise around Rs.500 crore, including a fresh issue of Rs.360 crore and an Offer for Sale of Rs.140 crore.

The company operates a multi-brand retail business, with a significant portion of its revenue coming from Maharashtra and mobile-phone sales. Investors will therefore be watching the company’s geographical diversification, inventory management and dependence on suppliers as key factors.

MT | Money Times

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