Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |

SSG Furnishing Solutions Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.56 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Gretex Corporate Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SSG Furnishing Solutions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 56,20,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 56,20,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,50,00,000 shares |
| Share Holding Post Issue | 2,06,20,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sat, Sep 6, 2025 |
| SEBI/Exchange approval received | Mon, Dec 8, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Net Isssue |
| NII Shares Offered | Not less than 15% of the Net Isssue |
SSG Furnishing Solution is engaged in the supply of blind fabrics and related hardware as well as the manufacturing of finished blinds.
Its product portfolio includes Roller Blinds, Zebra Blinds, Roman Blinds, Shangri-La Blinds, Honeycomb Blinds, and Wooden Venetian Blinds. Its product range has 520 shades and designs.
The company procure raw material from suppliers in China and South Korea and other inputs like aluminium poles, strings, etc. are sourced from local and international vendores.
Its distribution network has exclusive distributors, retail outlets, and direct sales. It has 19 distributors in Amritsar, Bangalore, Bhopal, Bhubaneshwar, Chennai, Gandhinagar, Guwahati, Jaipur, Jammu, Koopargaon, Lucknow, Manjeri, Mumbai, Nagpur, Pune, Rajkot, Ranchi, Siliguri, and Surat.
It also has 126 retail outlets comprising window furnishing stores, multi-brand home décor showrooms, and furnishing retailers.
Competitive Strengths
| Period Ended | 31 Mar 2025 |
|---|---|
| Assets | 108.91 |
| Total Income | 97.43 |
| Profit After Tax | 14.17 |
| EBITDA | 23.59 |
| NET Worth | 35.12 |
| Reserves and Surplus | 29.12 |
| Total Borrowing | 47.16 |
| Amount in ₹ Crore | |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure towards setup of Manufacturing Facility | 65.09 |
| 2 | General Corporate Purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 56.27% |
| ROCE | 42.68% |
| Debt/Equity | 1.34 |
| RoNW | 56.27% |
| PAT Margin | 14.65% |
| EBITDA Margin | 24.25% |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | |
| Assets | 40.82 | 29.40 | |
| Total Income | 37.79 | 22.93 | |
| Profit After Tax | 4.70 | 1.35 | |
| EBITDA | 8.43 | 2.48 | |
| NET Worth | 15.54 | 10.83 | |
| Reserves and Surplus | 9.54 | 7.83 | |
| Total Borrowing | 18.27 | 10.53 | |
| Amount in ₹ Crore | |||
Lead Manager Reports
SSG Furnishing Solutions IPO is a SME IPO of 56,20,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The SSG Furnishing Solutions IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in SSG Furnishing Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in SSG Furnishing Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SSG Furnishing Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SSG Furnishing Solutions IPO dates are not announced. Please check back again after some time.
SSG Furnishing Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in SSG Furnishing Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SSG Furnishing Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SSG Furnishing Solutions IPO allotment status.
The SSG Furnishing Solutions IPO listing date is not yet announced. The tentative date of listing is .