Sonaselection India IPO: dates, price band, lot size and GMP
Sonaselection India IPO listed on 24 Sep at ₹102 (NSE, BSE). Issue dates 17 – 21 Sep 2026, price band ₹94 – ₹99, lot 150 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Sonaselection India listed on 24 Sep 2026 on NSE, BSE at ₹102.31, +₹3.31 (+3.3%) against the ₹99 upper band. Sonaselection India IPO listing date, price and gain · Recently listed IPOs
Updated 30 Oct 2026, 11:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 222 IPOs on its calendar; the Sonaselection India IPO has a price band of ₹94 – ₹99, a lot of 150 shares and no grey-market premium reported yet as of 30 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 17 – 21 Sep 2026 |
| Price band | ₹94 – ₹99 |
| Lot size | 150 shares |
| Issue size | ₹141.57 Cr |
| Fresh issue | ₹141.57 Cr |
| Subscription | 2.01x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | Choice Capital Advisors Pvt.Ltd. |
| Status | Listed |
Timeline
- Issue opens: 17 Sep
- Issue closes: 21 Sep
- Allotment: 22 Sep
- Refunds: 23 Sep
- Demat credit: 23 Sep
- Listing: 24 Sep
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 1.16x |
| NII | 2x |
| sNII | 1.96x |
| bNII | 2.01x |
| Retail | 2.5x |
| Total | 2.01x |
Last updated 21 Sep 2026, 6:55 PM IST.
Issue details
| Face value | ₹10 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Market cap at the upper band | ₹562.6 Cr |
| P/E (pre-issue) | 12.38x |
| P/E (post-issue) | 16.53x |
| Fresh issue (shares) | 1,43,00,000 |
| Total shares offered | 1,43,00,000 |
| Promoter holding pre-issue | 86.21% |
| Promoter holding post-issue | 64.52% |
| Promoters | Harshil Nuwal, Subhash Chandra Nuwal, Uma Nuwal, Deepank Bhandari, Sona Polyspin Pvt.Ltd. |
| Lead managers | Choice Capital Advisors Pvt.Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | sona.ipo@kfintech.com |
| Company website | sonaselection.com |
| Anchor bid date | 16 Sep 2026 |
| Anchor lock-in ends (50%) | 22 Oct 2026 |
| Anchor lock-in ends (remaining) | 21 Dec 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 150 | ₹14,850 |
| Retail (maximum) | 14 | 2,100 | ₹2,07,900 |
| sNII (minimum) | 14 | 2,100 | ₹2,07,900 |
| bNII (minimum) | 68 | 10,200 | ₹10,09,800 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 30% | 42,90,000 | |
| QIB | 20% | 28,60,000 | Not more than 50% of the Issue |
| NII (HNI) | 15% | 21,45,000 | Not less than 15% of the Issue Size |
| sNII | 5% | 7,15,000 | |
| bNII | 10% | 14,30,000 | |
| Retail | 35% | 50,05,000 | Not less than 35% of the Net Offer |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 17 Sep | 0.11x | 0.24x | 0.30x | 0.20x | 0.77x | 0.47x |
| Day 2 · 18 Sep | 0.46x | 0.41x | 0.56x | 0.34x | 1.21x | 0.82x |
| Day 3 · 21 Sep | 1.16x | 2.00x | 1.96x | 2.01x | 2.50x | 2.01x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹8 |
|---|---|
| EPS (post-issue) | ₹5.99 |
| P/E (pre-issue) | 12.38x |
| P/E (post-issue) | 16.53x |
| RoNW | 39.05% |
| RoCE | 19.69% |
| RoE | 39.05% |
| PAT margin | 6.58% |
| EBITDA margin | 16.4% |
| Price / book | 4x |
| NAV per share | ₹24.78 |
| Debt / equity | 2.48 |
| Market cap (upper band) | ₹562.6 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 474.99 | 374.77 | 203.5 | +26.7% |
| Total Income | 517.6 | 316.47 | 121.31 | +63.6% |
| Profit After Tax | 34.02 | 18.56 | 13.1 | +83.3% |
| EBITDA | 84.77 | 58.12 | 28.49 | +45.9% |
| NET Worth | 104.16 | 70.07 | 38.88 | +48.7% |
| Reserves and Surplus | 61.63 | 47.1 | 35.78 | +30.8% |
| Total Borrowing | 258.24 | 207.4 | 144.6 | +24.5% |
About Sonaselection India
Incorporated in February 2022, Sonaselection India Limited is an integrated fabric manufacturing and processing company engaged in the production of value-added products.
The company specialises in the manufacturing of 100% cotton fabric, cotton lycra (stretch) 262 fabric, cotton blends, polyester blends, and in the processing of fabric, including 100% cotton, cotton blends, polyester-viscose (P/V) and polyester fabric.
The company convert raw textiles into finished, high‑quality fabrics. The company's model enables us to offer a diversified product portfolio, maintain consistent quality, support innovation in fabric development and provide its customers with reliable, cost‑efficient and timely solutions, thereby positioning us as a preferred partner for brands seeking consistency, innovation and faster delivery timelines.
By employing a flexible workforce model, the company optimises manufacturing efficiency, scales production based on demand fluctuations, and maintains cost-effectiveness without compromising on quality or delivery timelines. Effectiveness without compromising on quality and delivery timelines.
As of October 31, 2025, the company had 844 employees.
Objects of the issue
- Repayment and/or pre-payment, in full or part, of certain borrowings — ₹80 Cr
- Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility situated at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India — ₹50.61 Cr
- General Corporate Purposes
Net proceeds: ₹130.61 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|---|
| Sonaselection India Ltd. (issuer) | 8.09 | 8.09 | 24.78 | — | 39.05% | Consolidated |
| Vishal Fabrics Limited | 1.52 | 1.52 | 26.12 | 12.23x | 6.33% | Consolidated |
| Sangam (india) Limited | 16.44 | 16.44 | 211.85 | 37.29x | 8.02% | Consolidated |
| Nitin Spinners Limited | 31.58 | 31.58 | 261.6 | 18.22x | 12.77% | Consolidated |
Source: All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on standalone basis) and is sourced from the annual reports available of the respective company for the Fiscal 2026 submitted to stock exchanges. The financial information of the Company is based on the Restated Consolidated Financial Information for Fiscal 2026 Notes: P/E Ratio has been computed based on the closing market price of equity shares on BSE on August 07, 2026, divided by the EPS (Diluted).
Strengths (per the offer document)
- Apparel and Fashion Industry — The Apparel and Fashion sector is a key industry where fabrics are central to the design, functionality, and comfort of clothing.
- Home Textiles and Upholstery — The Home Textiles and Upholstery industry focuses on fabric products used in homes to provide comfort, function, and style.
- Industrial and Technical Applications — In Industrial and Technical Applications, fabrics are specially engineered to serve critical roles in various sectors like construction, automotive, and healthcare.
- Overview of the Cotton Ginning and Pressing Industry — The cotton ginning and pressing industry plays a crucial role in the textile supply chain, acting as the key link between raw cotton farming and cotton-based production.
- Main Processes in Cotton Ginning — The main process in cotton ginning starts with feeding raw cotton into machines.
- Growth Drivers and Key Factors in Cotton Ginning & Pressing Industry — The growth of the cotton ginning and pressing industry is supported by several factors.
Risk factors (as disclosed by the company)
- Our Manufacturing Facility and Registered Office are located in Rajasthan, and a significant portion of our revenue amounting to ₹1,928.80 million — that may adversely affect our operations, financial condition, and results of operations.
- Our Company currently carries out its business operations from a single manufacturing facility located at Bhilwara, Rajasthan — As on the date of this Red Herring Prospectus, our Company operates a single Manufacturing Facility located in Bhilwara, Rajasthan.
- We have experienced negative cash flows in the past, and any significant negative cash flows, if occurs, may adversely affect our business — We have experienced negative cash flows in prior periods, as disclosed in our Restated Consolidated Financial Information: Fiscals Net cash flow from operating (109.89) (141.77) 176.08 Net cash flow…
- There are outstanding litigations involving our Company, Subsidiary, Promoters, Directors, KMPs and SMPs — As on the date of this Red Herring Prospectus, we are involved in certain tax, civil and criminal legal proceedings which are pending at different levels of adjudication before various courts,…
- Our Promoters have sold a portion of their shareholding in our Company subsequent to the filing of the Draft Red Herring Prospectus — Subsequent to the filing of the Draft Red Herring Prospectus, our Promoters, Mr.
- Our Promoters have provided personal property and guarantee as collateral for borrowings availed by the Company — In connection with borrowings availed by our Company, our Promoter and Promotor Group namely, Subhash Chandra Nuwal, Harshil Nuwal, Deepank Bhandari, Uma Nuwal, Kailash Bhandari and Anita Bhandari…
- We enter into certain related party transactions in the ordinary course of our business and we cannot assure you that such transactions will not adversely… — We enter into certain transactions with related parties in the ordinary course of our business and may continue to enter into related party transactions in the future.
- In the past our individual Promoter Deepank Bhandari was subject to disqualification and default for the period commencing from November 01, 2017 — In the past, our Promoter, Deepank Bhandari, was showing in the list of defaulters issued by Ministry of Corporate Affairs for non-filling of financial statements or annual returns for any…
From the RHP (strengths pages 261–268, risk factors pages 35–44). Headings shortened; the wording is the company’s. Not a recommendation.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Sonaselection India IPO listing day: listed at ₹102.31 (+3.3% vs the upper band), 24 Sep 2026
- Sonaselection India IPO GMP today and trend
- Sonaselection India IPO subscription status, day by day
- Sonaselection India IPO allotment status and how to check
Frequently asked questions
When does the Sonaselection India IPO open and close?
The issue is scheduled for 17 – 21 Sep 2026.
What is the Sonaselection India IPO price band?
The price band is ₹94 – ₹99 per share with a lot size of 150 shares.
How big is the Sonaselection India IPO?
The total issue size is ₹141.57 Cr.
When will Sonaselection India list?
The tentative listing date is 24 Sep on the main board.
How do I apply for the Sonaselection India IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Sonaselection India · as filed with SEBI · sebi.gov.in
- Red herring prospectus (RHP), Sonaselection India · as filed · sebi.gov.in
- Registrar allotment page, Kfin Technologies Ltd. · allotment 22 Sep · ipostatus.kfintech.com
- NSE public issues page · listing 24 Sep · nseindia.com
- BSE public issues page · listing 24 Sep · bseindia.com
- Sonaselection India company website · sonaselection.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 24 Sep, 04:07 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Sonaselection India IPO”, https://buyunlistedshares.com/ipo/sonaselection-india-ipo, as of 30 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. Data as of 30 Oct 2026.
Our notes on this IPO
- Read our note: Sona Selection India IPO: Key Dates (17 Sep 2026)
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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