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CKK Retail Mart IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details
C K K Retail Mart Limited is engaged in the distribution and trading of agricultural commodities, with a primary focus on sugar. The company earns revenue through bulk trading and distribution to super stockists and distributors across India. Sugar contributes more than 97% of revenue in recent years. Operations are asset-light and driven by procurement, logistics management, and strong distributor relationships.
CKK Retail Mart, an Book Built Issue, amounting to ₹
88.02 Crore,consisting an fresh issue of
0.44 crore shares aggregating to ₹71.85 crores and offer for sale of
0.10 crore shares aggregating to ₹16.17 crores.The subscription period for the CKK Retail Mart IPO opens on January 30, 2026, and closes on February 03, 2026. The allotment is expected to be finalized on or about Wednesday, February 04, 2026, and the shares will be listed on the NSE SME with a tentative listing date set on or about Friday, February 06, 2026,
The Share Price Band of CKK Retail Mart IPO is set at ₹155 to ₹163 per share per equity share. The Market Capitalisation of the CKK Retail Mart at IPO price of ₹163 per equity share will be ₹315.70 Cr The lot size of the IPO is 800 shares. Retail investors are required to invest a minimum of ₹
260,800 2 lots (1600 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is
3 lots (
2400 shares), amounting to ₹
391,200.
Oneview Corporate Advisors Private Limited are the book running lead manager of the CKK Retail Mart Ltd. while Bigshare Services Private Limited is the registrar for the issue,The Market Maker of the company is Svcm Securities Pvt.Ltd.
CKK Retail Mart Limited IPO GMP Today
The Grey Market Premium of CKK Retail Mart IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
CKK Retail Mart Limited IPO Live Subscription Status Today: Real-Time Update
As of 06:30 PM on 03 February 2026, the CKK Retail Mart IPO live subscription status shows that the IPO subscribed 1.37 times on its Final Day of subscription period. Check the CKK Retail Mart IPO Live Subscription Status Today at BSE.
CKK Retail Mart Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
CKK Retail Mart IPO allotment date is Wednesday, February 04, 2026, CKK Retail Mart IPO Allotment will be out on Wednesday, February 04, 2026, and will be live on Registrar Website from the allotment date.
BIG SHARE SERVICES PRIVATE LIMITED IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select CKK Retail Mart IPO from the dropdown list of IPO
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of CKK Retail Mart Limited IPO
CKK Retail Mart to utilise the Net Proceeds towards the following objects:
1. ₹1,020.00 Lakh is required for Funding the acquisition of Leasehold Plots along with warehouse constructed upon the said Leasehold Plots
2. ₹189.98 Lakh is required for To undertake repair and refurbishment of the warehouses situated on the Leasehold Plots
3. ₹4,300.00 Lakh is required for Funding of working capital requirements
4. General corporate purposes
Refer to CKK Retail Mart Limited RHP for more details about the Company.
CKK Retail Mart Limited Day Wise IPO GMP Trend
| GMP Date | Issue Price | Expected Listing Price | GMP | Last Updated |
|---|---|---|---|---|
| January 23, 2026 | ₹ 155 | ₹ 163 | ₹8(5.2%) | 23 January 2026; 04:40 PM |
CKK Retail Mart IPO Details
| Market Capitalization | ₹315.70 Cr |
| IPO Date | January 30, 2026 to February 03, 2026 |
| Listing Date | February 06, 2026 |
| Face Value | ₹10 Per Share |
| Price Band | ₹163 per share |
| Issue Price | ₹155 to ₹163 |
| Employee Discount | NA |
| Lot Size | 800 Equity Shares |
| Total Issue Size | 54,00,000 Equity Shares (aggregating to ₹88.02 Cr) |
| Fresh Issue | 44,08,000 Equity Shares (aggregating to ₹71.85 Cr) |
| Offer for Sale | 9,92,000 Equity Shares (aggregating to ₹16.17 Cr) |
| Issue Type | Book Built Issue |
| Listing At | NSE SME |
| Share holding pre issue | 1,49,60,000 |
| Share holding post issue | 1,93,68,000 |
| Rating | Avoid |
CKK Retail Mart IPO Anchor Investors Details
| Bid Date | N/A |
| Shares Offered | N/A |
| Anchor Portion Size (In Cr.) | N/A |
| Anchor lock-in period end date for 50% shares (30 Days) | N/A |
| Anchor lock-in period end date for remaining shares (90 Days) | N/A |
CKK Retail Mart IPO Timeline (Tentative Schedule)
| IPO Open Date | Fri, Jan 30, 2026 |
| IPO Close Date | Tue, Feb 3, 2026 |
| Basis of Allotment | Wed, Feb 4, 2026 |
| Initiation of Refunds | Thu, Feb 5, 2026 |
| Credit of Shares to Demat | Thu, Feb 5, 2026 |
| Listing Date | Fri, Feb 6, 2026 |
| Cut-off time for UPI mandate confirmation | Wed, Feb 4, 2026 |
CKK Retail Mart IPO Reservation
| Investor Category | Shares Offered | Reservation % |
|---|---|---|
| QIB Portion | 2,563,200 | Not less than 50% of the Net Offer |
| Non-Institutional Investor Portion | 768,960 | Not more than 15% of the Net Issue |
| Retail Shares Offered | 1,794,240 | Not less than 35% of the Net Offer |
| Market Maker Portion | 273,600 | - |
CKK Retail Mart IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 77.24% |
CKK Retail Mart IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹260,800 |
| Retail (Max) | 2 | 1,600 | ₹260,800 |
| S-HNI (Min) | 3 | 2,400 | ₹391,200 |
| S-HNI (Max) | 7 | 5,600 | ₹912,800 |
| B-HNI (Min) | 8 | 6,400 | ₹1,043,200 |
CKK Retail Mart IPO Subscription Status
| Investor Category | Shares Offered | Shares Bid For | No of Times Subscribed | Last Upadeted |
|---|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 2,563,200 | 15,96,000 | 0.62x | 03 February 2026; 12:03 PM |
| Non Institutional Investors(NIIS) | 1,042,560 | 19,47,200 | 1.87x | 04 February 2026; 10:23 AM |
| Retail Individual Investors (RIIs) | 1,794,240 | 38,54,400 | 2.15x | 04 February 2026; 10:23 AM |
| Total | 5,400,000 | 73,97,600 | 1.37x | 04 February 2026; 10:23 AM |
About CKK Retail Mart Limited
C K K Retail Mart Limited is engaged in the distribution and trading of agricultural commodities, with a primary focus on sugar. The company earns revenue through bulk trading and distribution to super stockists and distributors across India. Sugar contributes more than 97% of revenue in recent years. Operations are asset-light and driven by procurement, logistics management, and strong distributor relationships.
Key Clients and Manufacturing Facilities
The company does not own manufacturing facilities and follows an asset-light trading model. Its key clients are super stockists and distributors, with the top 10 customers contributing 90.62% of revenue as of September 30, 2025. Operations are managed through its registered office in Mumbai, with sourcing supported by third-party sugar manufacturers.
Product Portfolio and Order Book Execution
The product portfolio is highly concentrated in sugar trading, which contributed ₹15,933.35 lakh, ₹30,052.49 lakh, ₹22,647.77 lakh and ₹10,019.62 lakh in FY26 (H1), FY25, FY24 and FY23 respectively. Sugar trading supports short-cycle client operations with rapid inventory turnover. Orders are executed based on demand visibility and distributor requirements, ensuring quick execution and cash flow rotation.
Mergers, Capex and Expansion Plans
The company has not undertaken any mergers in recent years. IPO proceeds are primarily proposed to support working capital requirements, given the high-volume and low-margin nature of sugar trading. Expansion plans focus on scaling distribution reach, strengthening relationships with super stockists and improving operational efficiencies rather than heavy capital expenditure.
Employees and Banker Details
As on December 31, 2025, the company had 36 full time employees. The Banker to the Company is ICICI Bank Bank Limited.
Management and Growth Vision
The company is led by experienced professionals with strong backgrounds in finance, trading and agro-commodities. Management’s near-term focus is on strengthening sugar distribution volumes and improving working capital efficiency. Long-term plans include diversification into allied agri-products and geographic expansion. Funding for expansion and working capital will be primarily arranged through IPO proceeds and internal accruals, supported by banking relationships.
Industry Overview
C K K Retail Mart operates in the Indian sugar trading and distribution industry. India is one of the largest producers and consumers of sugar globally. The Indian sugar industry benefits from stable domestic demand and government support mechanisms. Industry growth is moderate, linked to consumption trends and pricing cycles. Globally, sugar demand remains stable, driven by food and beverage consumption, though margins remain sensitive to regulatory and commodity price movements.
Key Risk Factors
- High Revenue Concentration in Sugar
Over 97% of revenue is derived from sugar trading, making the company highly vulnerable to industry-specific risks such as price volatility, regulatory changes and demand fluctuations. - Customer Concentration Risk
Top 10 customers contributed 90.62% of revenue as of September 30, 2025. Loss of key super stockists or distributors could materially impact revenue and cash flows. - Working Capital Intensive Business
Sugar trading requires significant working capital to manage inventory and receivables. Any delay in collections or funding constraints may impact operational continuity and growth. - Dependence on Third-Party Manufacturers
The company relies on third-party sugar manufacturers for supply. Any disruption, quality issues or termination of arrangements may adversely affect business operations. - Regulatory and Policy Risk
The sugar industry is subject to government regulations, pricing controls and export policies. Adverse policy changes could affect margins and trading volumes. - Commodity Price Volatility
Fluctuations in sugar prices can impact margins if cost increases cannot be passed on immediately to customers.
Key Strengths, Moat and Opportunities
- Strong Distributor Relationships
Long-standing relationships with super stockists and distributors provide stable demand visibility and repeat business, creating a strong distribution moat. - Asset-Light Business Model
The company’s trading-based model avoids heavy capex, allowing scalability with limited fixed costs and better return on capital. - Experienced Management Team
Management has strong experience in agro-commodities and finance, supporting effective risk management and disciplined capital allocation. - High Revenue Growth Track Record
Revenue from operations increased from ₹10,327.13 lakh in FY23 to ₹30,118.67 lakh in FY25, reflecting strong scale-up in operations. - Opportunity for Product Diversification
The company has the opportunity to diversify into allied agri-commodities, reducing dependence on sugar and improving margin stability. - Improved Liquidity Post IPO
IPO proceeds are expected to strengthen the balance sheet and improve working capital flexibility, supporting higher trading volumes and faster execution.
CKK Retail Mart Limited Financial Information (Restated Consolidated)
Amount in (₹ in Lakhs)
| Period Ended | Sep 30, 2025 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Reserve of Surplus | 3,616.24 | 3,505.22 | 1,869.12 | 601.81 |
| Total Assets | 7,974.10 | 6,809.46 | 5,344.68 | 1,776.06 |
| Total Borrowings | 0.00 | 0.00 | 0.00 | 2.31 |
| Fixed Assets | 119.37 | 141.99 | 206.34 | 9.74 |
| Cash | 952.43 | 1,541.65 | 1,166.33 | 594.09 |
| Cash flow from operating activities | 1,055.48 | 189.58 | 819.85 | -208.47 |
| Cash flows from investing activities | -1,645.00 | 183.08 | -344.94 | 38.24 |
| Cash flow from financing activities | -1.10 | -0.64 | -3.59 | 746.87 |
| Net Borrowing | -952.43 | -1,541.65 | -1,166.33 | -591.78 |
| Revenue | 15,992.87 | 30,184.59 | 23,335.01 | 10,992.62 |
| EBITDA | 1,177.02 | 2,260.12 | 1,745.50 | 611.54 |
| PAT | 859.02 | 1,636.10 | 1,267.31 | 451.03 |
| PAT Margin | 5.37% | 5.42% | 5.43% | 4.10% |
| EPS | 5.74 | 10.94 | 8.47 | 4.93 |
Note 1:- RoE, ROCE & RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 2:- Pre EPS and Post EPS calculation in KPI is based (Profit/Loss for the Year) on 31st Mar, 2025 Data, given in RHP.
Note 3:- RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 4:- Price to Book Value calculation in KPI is based on Cap Price Post Issue Data, given in FINANCIAL EXPRESS.
Key Performance Indicator
| KPI | Values |
|---|---|
| EPS Pre IPO (Rs.) | 10.94 |
| EPS Post IPO (Rs.) | 8.45 |
| Adjusted 12M EPS Post IPO (Rs.) | 8.87 |
| P/E Pre IPO | 14.90 |
| P/E Post IPO | 19.30 |
| Adjusted 12M P/E Post IPO | 18.38 |
| ROE | 47.63% |
| ROCE | 51.60% |
| P/BV | 5.73 |
| Debt/Equity | - |
| RoNW | 38.47% |
| EBITDA Margin | 7.50% |
| PAT Margin | 5.42% |
CKK Retail Mart Limited IPO Peer Comparison
| Company Name | EPS | P/E (x) | ROE | ROCE | P/BV | Debt/Equity | RoNW (%) |
|---|---|---|---|---|---|---|---|
| CKK Retail Mart | 8.45 | 19.30 | 47.63% | 51.60% | 5.73 | - | 38.47% |
| Mawana Sugars | 18.25 | 5.07 | 12.8 % | 10.3 % | 0.74 | 0.02 | 14.51% |
| Shree Renuka Sugars | -1.20 | 26.03 | - | 10.6 % | -31.00 | - | 65.52% |
| Orient Beverages | 12.51 | 17.28 | 11.6 % | 11.7 % | 2.23 | 3.46 | 12.84% |
CKK Retail Mart Limited Contact Details
Msafe Equipments Limited
Phone: +91-8437707034
Email: cs@ckkretailmart.com
Website: https://ckkretailmart.com/
CKK Retail Mart IPO Registrar and Lead Manager(s)
Bigshare Services Private Limited
Phone: +91-22-62638200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com/
ONEVIEW CORPORATE ADVISORS PRIVATE LIMITED
Phone:+91-22-69010381
Email: mbd@oneviewadvisors.com
Website: https://serencapital.in/
CKK Retail Mart IPO Review
C K K Retail Mart Limited is engaged in the distribution and trading of agricultural commodities, with a primary focus on sugar. The company earns revenue through bulk trading and distribution to super stockists and distributors across India. Sugar contributes more than 97% of revenue in recent years. Operations are asset-light and driven by procurement, logistics management, and strong distributor relationships.
The Comp led by Prany isomoter, i.e.,MR. SAURABH MALHOTRA, SAKUMA INFRSTRUCTURE AND REALTY PRIVATE LIMITED, MS. KUSUM CHANDER MOHAN MALHOTRA AND MS. VANITHA MALHOTRA
The Revenues from operations for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 15,992.87 Lakh, ₹ 30,184.59 Lakh, ₹ 23,335.01 Lakh, and ₹ 10,992.62 Lakh, The EBITDA for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 1,177.02 Lakh, ₹ 2,260.12 Lakh, ₹ 1,745.50 Lakh, and ₹ 611.54 Lakh, The Profit after Tax for the Period ended on Sep 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 859.02 Lakh, ₹ 1,636.10 Lakh, ₹ 1,267.31 Lakh, and ₹ 451.03 Lakh, respectively. This indicates a steady growth in financial performance.
The Company Key Performance Indicates the pre-issue EPS of ₹ 10.94 and post-issue EPS of ₹ 8.45 for FY25. The pre-issue P/E ratio is 14.90x,while the post-issue P/E ratio is 19.30x against the Industry P/E ratio is 11.18x The company's ROE for FY25 is 47.63% and RoNW is 38.47% The Annualised EPS is ₹ 8.87x and P/E is ₹ 18.38x, These metrics suggest that the IPO is Fully priced.
The Grey Market Premium (GMP) of CKK Retail Mart showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the CKK Retail Mart Limited. IPO for Listing gain or Long Term Purposes.
Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. We also use Artificial Intelligence (AI) tools to enhance the efficiency and quality of our research services, including data retrieval, analysis, and report summarization. 1.“Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” 2. “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” 3. To read the Disclaimers, Disclosures, Investor Charter, Investor Complaints please visit Legal our website abhayvarn.com
About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.
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