C K K Retail Mart Ltd IPO

Trading

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Price Band

₹155 – ₹163

Lot Size

800

Minimum Bid Quantity

1600

Minimum Investment

₹260800

Issue Size

₹88.02Cr

Opens

2026-01-30

Closes

2026-02-03

Listing

06-02-2026

Subscription Status

Qualified Institutional Buyers

1.56 x

Non-Institutional Investor

2.13 x

Retail Individual Investor

2.13 x

Total

1.59 x

IPO Details

Issue Type

EQUITY

Face Value

₹10

Tick Size

1

ISIN

INE0SMX01019

Pre-Apply Available

No

Daily Bidding Time

10:00:00 - 17:00:00

About the Company

CKK Retail Mart Limited is engaged in the distribution and trading of packaged products catering to retail and wholesale businesses. The company focuses primarily on packaged agro-commodities and consumer food products. Its product portfolio includes packaged agro-commodities such as sugar, rice, and pulses, along with packaged products like milk powder and soft drinks, including carbonated and fruit-based beverages. It also expanded its offerings with the launch of “FruitzzzUp,” a fruit pulp-based juice brand. In addition to its core distribution activities, the company also undertakes consultancy assignments occasionally. The company operates through a distribution-led business model using a three-tier distribution structure and a direct-to-distributor model, supplying products across regions including Maharashtra, Bihar, West Bengal, and the north eastern states of India. It is registered and licensed with the Food Safety and Standards Authority of India (FSSAI) under the Food and Drugs Control Administration of Maharashtra.

Pros

  • • CKK Retail Mart claims to have built long-standing relationships with its suppliers, which it states help in the timely and efficient sourcing of products. As of September 30, 2025, the company reports having a network of 23 distributors and 15 super stockists, enabling wider market access across several Indian states.
  • • The company operates through a three-tier distribution model as well as a direct-to-distributor model. It claims that the super-stockist-led structure allows upfront payments, which helps reduce credit risk and working capital requirements while supporting higher-volume distribution.
  • • CKK Retail Mart offers a diversified range of packaged products, including sugar, rice, pulses, milk powder, and soft drinks. This diversification enables the company to cater to multiple customer segments and adjust its product mix in response to demand trends.

Cons

  • • The company derives a sizable portion of its revenue from sugar trading. Revenue from sugar stood at Rs 159.33 crore (99.94%) for the period ended September 30, 2025, Rs 300.52 crore (99.78%) in FY25, Rs 226.48 crore (97.19%) in FY24, and Rs 100.20 crore (97.02%) in FY23. Any adverse changes in sugar prices, government policies, climatic conditions affecting sugarcane output, or global sugar market dynamics can materially impact the company’s business and financial performance.
  • • The sugar industry in India is highly regulated, with frequent interventions such as export bans, stock limits, pricing controls, and changes in subsidy structures. Any adverse changes in government policies, including restrictions on sugar exports or revisions in pricing mechanisms, can negatively affect the company’s revenues, margins, and growth prospects.
  • • The company is dependent on a limited number of suppliers for its agro-commodities. Purchases from the top five suppliers accounted for 80.18% of total purchases for the period ended September 30, 2025, 65.64% in FY25, 88.54% in FY24, and 97.03% in FY23. Any disruption, delay, or deterioration in relationships with these suppliers could adversely affect product availability, pricing, and order fulfilment, which may negatively impact the company’s business and financial performance.

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