CKK Retail Mart's ₹88 crore IPO concluded its subscription period on Friday, achieving 1.12 times oversubscription with strong investor interest across all categories. The issue was priced between ₹155 and ₹163 per share with a face value of ₹10, remaining open for bidding until February 3, 2026. The subscription details showed 0.24 times subscription for qualified institutional buyers, 0.17 times for non-institutional investors, and 0.49 times for retail investors. The company is set to list on both BSE and NSE on February 6, 2026, with shares credited to demat accounts on the listing date.
Proceeds from the fresh issue will be used primarily to fund working capital requirements, acquisition of leasehold warehouse plots, refurbishment of warehouses and general corporate purposes. The company operates through a three-tier distribution model where super stockists serve as the first point of supply, followed by distributors, retailers or wholesalers, which generated 94.21% of revenue as of September 30, 2025. The direct-to-distributor model accounts for a minor 0.15% of revenue. As of September 30, 2025, the company was operating with 23 distributors and 15 super stockists for agro products, and has also ventured into quick commerce platforms like Zepto and Blinkit.
CKK Retail Mart is engaged in the distribution of packaged agro-commodities including sugar, rice, pulses and ghee, along with packaged products such as milk powder and soft drinks. The company follows a 'farm-to-fork' model and markets its agro products under brands such as Braunz and Jivanam. Sugar contributes almost the entire revenue of the company at 99.94% as on September 30, 2025, while the company has diversified into carbonated beverages with its FruitzzzUp brand launched in April 2025. The company operates through a mix of a three-tier distribution model and a direct-to-distributor approach, supplying products across multiple regions including Maharashtra, West Bengal, Bihar and the northeastern states.
According to reports from The Economic Times, the company reported a profit after tax of ₹16.36 crore in FY25, compared with ₹12.67 crore in FY24. For the six months ended September 2025, profit stood at ₹8.59 crore, while total income during the period was ₹159.93 crore. The company's revenue is primarily locally oriented, generating 95.50% of sales, with West Bengal being the main market at 54.99% of sales, followed by Bihar at 20.44%, Maharashtra at 12.05% and Assam at 4.70%. Exports account for 4.50% of sales, mainly from the UAE at 3.66% and Tanzania at 0.83.
A lot consists of 800 shares, with individual investors able to apply for at least two lots or 1,600 shares. The issue comprises a fresh issue of ₹71.85 crore and an offer for sale of ₹16.17 crore by promoter Sakuma Infrastructure and Realty Pvt Ltd. The basis of allotment will be announced on February 5, 2026, with refund initiation on the same day and credit of shares to demat accounts on February 6, 2026. The IPO registrar is BIGSHARE SERVICES PRIVATE LIMITED, and investors can check allotment status on the registrar's website.
