Sonaselection India IPO
GMP, Subscription, Price, Dates & Financial Details
Incorporated in February 2022, Sonaselection India Ltd. is an integrated fabric manufacturing and processing company engaged in the production of value-added textile products. The Company manufactures 100% cotton fabrics, cotton lycra (stretch) fabrics, cotton blends and polyester blends, and also…
Open Date
Thu, 17 Sep 2026
Close Date
Mon, 21 Sep 2026
Price Band
₹ 94 – 99
Lot Size
150
Issue Size
₹ 141.57 Cr
Minimum Investment
₹ 14,850 (150 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Sonaselection India IPO is set to open its Initial Public Offering (IPO) for subscription on September 17, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹141.57 Crore, comprising a fresh issue of 1.43 Crore equity shares aggregating to ₹141.57 Crore.
The Sonaselection India IPO will open for subscription on September 17, 2026, and close on September 21, 2026. The basis of allotment is expected to be finalized on September 22, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 24, 2026.
The company has fixed the price band at ₹94 to ₹99 per share, with a lot size of 150 shares. Retail investors will require a minimum investment of ₹14,850 (based on the upper price band) to apply for one lot.
KFin Technologies Limited is the registrar to the issue. Choice Capital Advisors Pvt Ltd are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Sonaselection India IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on September 21, 2026.
Sonaselection India IPO Timeline (Tentative)
- IPO Open Date
- Thu, 17 Sep 26
- IPO Close Date
- Mon, 21 Sep 26
- Basis of Allotment
- Tue, 22 Sep 26
- Initiation of Refunds
- Wed, 23 Sep 26
- Credit of Shares to Demat
- Wed, 23 Sep 26
- Listing Date
- Thu, 24 Sep 26 — BSE & NSE
Open Date
17 September 2026
Close Date
21 September 2026
Basis Of Allotment
22 September 2026
Listing Date
24 September 2026
IPO Subscription
Check Live Subscription →The Sonaselection India IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 17 September 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (0%), while Non-Institutional Investors (NIIs) receive 0 shares (0%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 0 | 0% |
| Retail Investors | 0 | 0% |
| Non-Institutional | 0 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 474.99 | 374.77 | 203.5 |
| Revenue | 517.6 | 316.47 | 121.31 |
| Profit After Tax | 34.02 | 18.56 | 13.1 |
| Net Worth | 104.16 | 70.07 | 38.88 |
| Reserve & Surplus | 61.63 | 47.1 | 35.78 |
| Total Borrowings | 258.24 | 207.4 | 144.6 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Sonaselection India Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 39.05 | 34.08 | 40.46 |
| ROCE % | 19.69 | 16.97 | 16.18 |
| Debt / Equity | 2.48 | 2.96 | 3.72 |
| RoNW % | 39.05 | 34.08 | 40.46 |
| Pat Margin % | 6.58 | 5.88 | 10.82 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Sonaselection India Ltd | 10 | 0 | 8.09 | 8.09 | 39.05 | 24.78 |
| Vishal Fabrics Limited | 5 | 12.23 | 1.52 | 1.52 | 6.33 | 26.12 |
| Sangam (India) Limited | 10 | 37.29 | 16.44 | 16.44 | 8.02 | 211.85 |
| Nitin Spinners Limited | 10 | 18.22 | 31.58 | 31.58 | 12.77 | 261.6 |
About Sonaselection India Limited
Incorporated in February 2022, Sonaselection India Ltd. is an integrated fabric manufacturing and processing company engaged in the production of value-added textile products. The Company manufactures 100% cotton fabrics, cotton lycra (stretch) fabrics, cotton blends and polyester blends, and also undertakes the processing of 100% cotton, cotton blends, polyester-viscose (P/V) and polyester fabrics.
The Company initially operated under a job-work based processing model and transitioned towards a manufacturing-led business model following the acquisition of an established textile processing unit in 2022. Subsequently, it commissioned a cotton fabric processing plant in July 2024, further strengthening its manufacturing capabilities and expanding its product portfolio.
The Company's manufacturing facility is located in Bhilwara, Rajasthan, and is spread across approximately 49,540 sq. metres. The facility has an installed processing capacity of approximately 82.44 million metres per annum and is equipped with modern textile processing machinery. Its key processing activities include bleaching, dyeing and finishing of fabrics.
The Company follows an integrated operating model that combines in-house manufacturing with job-work processing. This enables it to manage various stages of the production and processing cycle, including fabric processing, quality control, grading, packing and outbound logistics. The Company caters to customer requirements based on their specific technical, quality and product specifications.
The Company's product portfolio primarily comprises 100% cotton fabrics, cotton lycra (stretch) fabrics, cotton blends and polyester blends, catering to a range of apparel and textile applications. In addition, the Company undertakes the processing of greige fabric supplied by customers on a job-work basis. Its diversified product portfolio, modern manufacturing infrastructure and quality-focused processes enable the Company to provide consistent product quality, cost-efficient solutions and timely delivery to its customers.
As of July 31, 2026, the Company had 979 employees across various functions, including production, plant maintenance, dispatch and supply chain, quality assurance, safety and security, accounts and finance, sales and marketing, and other administrative and support functions.
Sonaselection India IPO Promoters
- Harshil Nuwal
- Subhash Chandra Nuwal
- Uma Nuwal
- Deepank Bhandari
- Sona Polyspin Private Limited
Promoters Holding
Holding Pre Issue
86.21%
Holding Post Issue
64.52%
Sonaselection India IPO Objective
The Company Sonaselection India IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company from Banks
- Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility
- General Corporate Purposes
Sonaselection India Limited Address / Contact Details
Sonaselection India Ltd.
18th K M Stone
, Chittorgarh Road
Hamirgarh
Bhilwara, Rajasthan, 311025
Phone: +91 8386090831
Email: cs@sonaselection.com
Website: https://www.sonaselection.com/
IPO Snapshot
Sonaselection India IPO Lot Size
The Sonaselection India IPO has a lot size of 150 shares. Retail investors require a minimum investment of ₹14,850 by applying for 1 lot (150 shares). The maximum application allowed for the retail category is 13 lots (1,950 shares), requiring an investment of ₹1,93,050.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 150 | 14,850.00 |
| Retail (Max) | 13 | 1,950 | 193,050.00 |
| S-HNI (Min) | 14 | 2,100 | 207,900.00 |
| S-HNI (Max) | 67 | 10,050 | 994,950.00 |
| B-HNI (Min) | 68 | 10,200 | 1,009,800.00 |
Issue Reservation
Book Running Lead Managers
- Choice Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sonaselection India IPO?
Sonaselection India IPO is a Book-building IPO with a total issue size of ₹141.57 crore. The Sonaselection India IPO price band is ₹94 to 99 per share. The Sonaselection India IPO subscription opens on Thu, Sep 17, 2026, and closes on Mon, Sep 21, 2026. The Sonaselection India IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Sonaselection India IPO.
When will the Sonaselection India IPO open for subscription?
The Sonaselection India IPO opens on Thu, Sep 17, 2026 and closes on Mon, Sep 21, 2026
What is Sonaselection India IPO Price Band?
Sonaselection India IPO Price Band is ₹94 to 99 per share.
What is Sonaselection India IPO Lot Size?
Sonaselection India IPO lot size is 150 shares, Retail investors need a minimum investment of ₹14850 based on the upper price band
What is the minimum investment for Sonaselection India IPO?
The minimum investment for Sonaselection India IPO is ₹14850, based on one lot of 150 shares at the upper price band of ₹99 per share.
How to apply for Sonaselection India IPO?
Investors can apply for the Sonaselection India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Sep 21, 2026. The application amount remains blocked until the Sonaselection India IPO allotment is finalized.
What is Sonaselection India IPO Issue Size?
Sonaselection India IPO issue size is ₹141.57 crores.
What is the Sonaselection India IPO Allotment Date?
Sonaselection India IPO allotment date is Tue, Sep 22, 2026.
Who is the Sonaselection India IPO Registrar?
The registrar for Sonaselection India IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Sonaselection India IPO allotment status, refund processing, and other IPO-related information.
What is the Sonaselection India IPO GMP?
The Sonaselection India IPO GMP (Grey Market Premium) is ₹0 as of Thu, Sep 10, 2026. Based on the upper price band of ₹99 per share, the estimated Sonaselection India IPO listing price is ₹99, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Sonaselection India IPO Lead Manager?
The book-running lead managers (BRLMs) for the Sonaselection India IPO are Choice Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sonaselection India IPO Red Herring Prospectus (RHP).