SS Retail Ltd - IPO

SS Retail Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 10/- each (equity shares) of SS Retail Limited (company or issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (offer price) aggregating up to Rs. 500.00 crores (offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 10/- eachaggregating up to Rs. 300.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares of facevalue of Rs. 10/- each (offered shares) aggregating up to Rs. 200.00 crores by the selling shareholders (offer for sale)comprising up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 64.00 crores by Siddharth GunvantShah, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 20.00 crores by Deepa Siddharth Shah, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 12.00 crores by Harshal Kishor Parekh, up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs. 4.00 crores by Bhavini Harshal Parekh (each, a promoter selling shareholder) and up to [*] equity shares of face value of Rs. 10/- each aggregating up to Rs.100.00 crores by Rakhi Narendra Firodia (other selling shareholder, and together with the promoter selling shareholders, the selling shareholders). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.The company, in consultation with the brlms, may consider a pre-ipo placement of equity shares, as may be permitted under the applicable law, aggregating up to Rs. 60.00 crores prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms.if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from thefresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken shall not exceed20% of the size of the fresh issue. The utilisation of the proceeds raised pursuant to the allotment of the equity shares issued pursuant to the pre-ipo placement will be done towards the objects in compliance with requirements prescribed under the companies act and other applicable law. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or that the offer may be successful and will result into listing of the equity shares on the stock exchanges. The company shall report any pre-ipo placement to the stock exchanges, within 24 hthes of such pre-ipo placement (in part or in entirety). Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). This offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, aggregating up to Rs. [*] crores(constituting up to 5% of the post-offer paid-up equity share capital) for subscription by eligible employees (employee reservation portion). The company in consultation with the book running lead managers (brlms), may offer a discount of Rs. [*] to the offer price to eligible employees bidding in the employee reservation portion (employee discount). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer would constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital.The face value of the equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Funding capital expenditure for Fit Outs towards setting up of new stores in Fiscal 2027 and Fiscal 2028. Part funding of the incremental working capital requirements of the Company. General corporate purposes.

SS Retail Ltd Contact Details

SS Retail Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@ssmobile.com

Website - www.ssmobile.com