SS Retail shares made a blockbuster debut on Wednesday, listing at a premium of 50.73% on the BSE. The stock opened at Rs 639.10 apiece against the issue price of Rs 424. On the NSE, the stock listed at Rs 624, marking a premium of 47.17% over the IPO price.
The listing surpassed unlisted market expectations, which had suggested a debut gain of up to 35%. The stock was commanding a grey market premium of around 35% ahead of the listing.