Sona Selection India IPO: Key Dates (17 Sep 2026)
· 4 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.
Sona Selection India, a Bhilwara-based fabric manufacturer, opens its mainboard IPO on 17 September 2026 with a price band of ₹94–₹99 per share. Here's a quick look at the lot size, GMP, allotment date, listing date and complete issue structure.
Reviewed by the BuyUnlistedShares desk.
Sona Selection India Limited, a Bhilwara-based fabric manufacturing and processing company, opens its mainboard IPO for public subscription on 17 September 2026. Here's a complete, easy-to-scan breakdown of the price band, lot size, grey market premium (GMP), issue structure, financials and key dates.
Key Dates at a Glance
Dates are provisional and subject to change by the exchanges and the registrar.
Price Band, Lot Size & Issue Details
Quick facts:
• Price band: ₹94 to ₹99 per equity share.
• Lot size: A retail investor must bid for a minimum of 150 shares, and in multiples of 150 thereafter.
• Minimum investment: At the upper price band, one lot costs approximately ₹14,850.
• 100% fresh issue: The entire ₹141.57 crore issue consists of new shares issued by the company; there is no Offer for Sale (OFS) component, so no existing shareholder is exiting through this IPO.
Latest Grey Market Premium (GMP) Today
Grey market activity for Sona Selection India shares has been thin ahead of the issue opening, with limited premium recorded so far.
• Current GMP readings: Range from nil to around ₹6 per share, depending on the tracking source.
• Indicative premium: Where quoted, this translates to roughly 6% over the upper price band of ₹99.
Note: GMP is an unofficial, informally tracked indicator reported by market observers — it is not published by the exchanges, changes frequently, and is not a guaranteed forecast of the actual listing price.
About Sona Selection India
Sona Selection India is an integrated fabric manufacturing and processing company engaged in producing value-added textile products, including cotton, cotton lycra and blended fabrics, from its manufacturing facility in Bhilwara, Rajasthan.
• Promoters: Harshil Nuwal, Subhash Chandra Nuwal, Uma Nuwal, Deepank Bhandari, and Sona Polyspin Private Limited.
• Core business: Integrated textile manufacturing and processing, covering cotton and blended fabric production.
Financial Snapshot
• Earnings: Reported EPS of approximately ₹8, implying a price-to-earnings (P/E) ratio of around 12.4 times at the upper price band of ₹99.
• Listed peers: Comparable textile companies such as Nitin Spinners and Sangam (India) trade at meaningfully higher P/E multiples in the listed market.
How to Apply for the IPO
• Log in to your net-banking, broker app, or a UPI-enabled IPO application platform.
• Select the Sona Selection India IPO from the list of open issues.
• Enter your demat account details and choose the number of lots (minimum 1 lot = 150 shares).
• Select your bid price within the ₹94–₹99 band, or opt for the cut-off price.
• Authorise the UPI mandate or block the funds through ASBA before the closing date of 21 September 2026.
• Track allotment status after 22 September 2026 via the registrar's portal using your PAN, application number, or demat ID.
Frequently Asked Questions
1. When does the Sona Selection India IPO open and close?
The IPO opens for public subscription on 17 September 2026 and closes on 21 September 2026.
2. What is the price band for the Sona Selection India IPO?
The price band is set at ₹94 to ₹99 per equity share.
3. What is the lot size for this IPO?
The minimum lot size is 150 shares, and investors can apply in multiples of 150 shares thereafter.
4. What is the minimum investment amount required?
At the upper end of the price band, one lot (150 shares) requires an investment of approximately ₹14,850.
5. What is the Sona Selection India IPO GMP today?
Grey market premium readings for this IPO have been minimal so far, ranging from nil to around ₹6 per share depending on the source. GMP is informal and can change daily.
6. Is this IPO a fresh issue or an offer for sale?
It is entirely a fresh issue. The company is issuing new shares to raise capital, and there is no Offer for Sale (OFS) component from existing shareholders.
7. What is the total size of the Sona Selection India IPO?
The issue size is approximately ₹141.57 crore, comprising around 1.43 crore fresh equity shares.
8. When will Sona Selection India IPO shares be allotted?
Allotment is expected to be finalised on 22 September 2026, with refunds and share credits to demat accounts processed on 23 September 2026.
9. When will the shares list, and on which exchanges?
Shares are tentatively scheduled to list on 24 September 2026 on both the BSE and NSE.
10. Who are the registrar and lead manager for this IPO?
Choice Capital Advisors Private Limited is the book running lead manager, and KFin Technologies Limited is the registrar to the issue.
Disclaimer:
This is written for educational and informational purposes only. Nothing here constitutes investment advice or a recommendation to buy or sell securities. All data is sourced from publicly available information. Investments in securities markets are subject to market risks — please read all offer documents carefully before investing.
