SS Retail Limited

• Working Capital: Part-funding of incremental working capital for inventory expansion — ₹241 crore to ₹416 crore, subject to final deployment.

• Capital Expenditure: Funding fit-out costs for new retail stores — ₹12.45 crore for FY27–FY28.

• General Corporate Purposes: Balance funds to meet general corporate and ongoing business requirements.

Incorporated in June 2016, SS Retail Ltd. is a multi-brand retail chain engaged in the retailing of mobile phones, accessories and other electronic products across Maharashtra, Karnataka, Madhya Pradesh, Goa and Gujarat. The Company primarily focuses on Tier II and Tier III and beyond cities.

As of March 31, 2026, the Company operated 503 stores across 215 cities, covering approximately 2,41,365 sq. ft. Its retail network operates under the proprietary brands ‘SS Mobile’, ‘Mobile Exchange Wala’ and ‘The Mobile Space’, through company-owned and franchisee-operated formats.

The Company's product portfolio includes mobile phones, pre-owned smartphones, accessories, televisions, laptops and tablets, supported by ancillary services such as mobile protection plans, EMI facilities, anti-theft software and mobile recharge services.

The Company follows a scalable COCO, COFO and FOFO retail model and leverages local franchisee partnerships for regional expansion. During Fiscal 2026, it acquired 51.04% shareholding in Olineo Nexus India Private Limited, adding 34 stores to its network.

As of July 31, 2026, the Company's retail network had expanded to 536 stores, covering approximately 2,60,597 sq. ft. As of March 31, 2026, the Company had 689 permanent employees across management, accounts and audit, operations, sales, supply chain, HR and administration.