Summary
The Sonaselection India IPO is a mainboard book-build IPO, scheduled to open on 17 September 2026 and close on 21 September 2026.
The price band is fixed at ₹94 to ₹99 per share, with a minimum application of 1 lot (150 shares).
The IPO shares are to be listed on both the NSE and BSE, with the tentative listing scheduled for 24 September 2026.
Sonaselection India Limited is set to launch its IPO on 17 September 2026. The mainboard book-building issue will remain open for subscription until 21 September 2026 and has a price band of ₹94 to ₹99 per equity share. The company aims to raise approximately ₹142 crore through a fresh issue of 1.43 crore shares, with no offer-for-sale component. The shares will have a face value of ₹10 each and are proposed to be listed on both the NSE and the BSE.
Sonaselection India IPO Key Details
The table below presents the essential details investors should know before applying for the Sonaselection India IPO.
| IPO Open Date | 17 September 2026 |
| Close Date | 21 September 2026 |
| Face value | ₹10 per share |
| Price Band | ₹94 to ₹99 |
| IPO Lot Size | 150 shares |
| Fresh issue | 1,43,00,000 shares |
| Offer for Sale | – |
| Type of issue | Book-building |
| Listing at | NSE and BSE |
| Total Issue Size (₹ Crore) | ₹142.0 cr approx |
| Minimum Investment | 1 lot or 150 shares |
Sonaselection India IPO Timeline
Below is the complete schedule of events for the Sonaselection India IPO.
| Bid Opening | 17 September 2026 |
| Bid Closing | 21 September 2026 |
| Tentative Allotment | 22 September 2026 |
| Initiation of Refunds | 23 September 2026 |
| Credit of Shares to Demat | 23 September 2026 |
| Tentative Listing Date | 24 September 2026 |
| UPI mandate closing date | 21 September 2026 |
Key Performance Indicators of Sonaselection India IPO
These financial ratios highlight the company’s profitability, capital efficiency, and overall financial performance over the past three financial years.
| 31-03-2026 | 31-03-2025 | 31-03-2024 | |
| ROE (%) | 32.66 | 26.49 | 33.67 |
| ROCE (%) | 19.69 | 16.97 | 16.18 |
| Debt Equity (in times) | 2.48 | 2.96 | 3.72 |
| RoNW (%) | 39.05 | 34.08 | 40.46 |
| PAT Margin (%) | 6.58 | 5.88 | 10.82 |
| EBITDA margin (%) | 16.40 | 18.39 | 23.55 |
| Price to book | 4.00 |
Sonaselection India IPO Financial Details
The Financial information of the Sonaselection India IPO is as follows.
| FY 2025-2026 | FY 2024-2025 | FY 2023-2024 | |
| Revenue | 516.94 | 315.95 | 120.97 |
| Total Asset | 474.98 | 374.77 | 203.50 |
| Profit | 34.02 | 18.56 | 13.09 |
Sonaselection India IPO Subscription Status
The subscription data is not available yet.
Bidding is open from 10:00 AM to 5:00 PM on public issue days.
Sonaselection India IPO Grey Market Premium (GMP)
The current status of the Grey Market Premium for the Sonaselection India IPO shows a GMP of ₹0. Therefore, according to the status, the estimated listing price is ₹99.
| GMP Date | IPO Price | GMP | Est. Listing Price | Est. Gain | Last updated |
| 15-09-2026 | ₹99.00 | ₹0 | ₹99 | 0.00% | 15-09-2026, 9:57 |
| 14-09-2026 | ₹99.00 | ₹0 | ₹99 | 0.00% | 14-09-2026, 23:31 |
| 13-09-2026 | ₹99.00 | ₹0 | ₹99 | 0.00% | 13-09-2026, 23:35 |
| 12-09-2026 | ₹99.00 | ₹0 | ₹99 | 0.00% | 12-09-2026, 23:36 |
| 11-09-2026 | ₹99.00 | ₹0 | ₹99 | 0.00% | 11-09-2026, 23:31 |
| 10-09-2026 | ₹99.00 | ₹0 | ₹99 | 0.00% | 10-09-2026, 23:28 |
| 09-09-2026 | ₹ | ₹ | % | 09-09-2026, 11:50 |
GMP is the premium value of the share in the unofficial market before it opens for subscription.
Sonaselection India IPO Reservation
The following table shows the distribution of shares reserved for retail investors, QIBs, and NIIs under the IPO.
| Investor Category | Offered No. of Shares |
| QIBs | Not more than 50% of the net offer |
| NIIs | Not less than 15% of the net offer |
| Retails | Not less than 35% of the net offer |
| Total |
Sonaselection India IPO Lot Sizes
Investors can refer to the minimum and maximum investment requirements for each investor category as per the prescribed lot size.
| Application | Lot | Shares | Amount |
| Retail (Min) | 1 | 150 | ₹14,850 |
| Retail (Max) | 13 | 1,950 | ₹1,93,050 |
| S-HNI (Min) | 14 | 2,100 | ₹2,07,900 |
| S-HNI (Max) | 67 | 10,050 | ₹9,94,950 |
| B-HNI (Min) | 68 | 10,200 | ₹10,09,800 |
Sonaselection India IPO Prospectus
Investors can access the offered prospectus for the Sonaselection India IPO mentioned below.
About Sonaselection India Ltd.
Sonaselection India Limited is a textile manufacturing company based in Rajasthan, an established textile hub. It was established in 2022. The company manufactures finished fabrics for textile traders and garment brands and also undertakes job-work processing. Its processing activities include operations such as singeing, scouring, bleaching, peaching, dyeing and finishing. The company also has an in-house quality control laboratory and warehousing infrastructure.
The company has expanded beyond fabric processing into ready-made garments, allowing it to participate in downstream textile and apparel activities. Its product portfolio includes cotton fabrics, lycra fabrics and polyester-blend fabrics. The company uses a combination of in-house manufacturing and job-work processing, providing flexibility in meeting customer requirements.
Promoters:
- Harshil Nuwal
- Subhash Chandra Nuwal
- Uma Nuwal
- Deepank Bhandari
- Sona Polyspin Pvt. Ltd.
| Book Runner | Choice Capital Advisors Pvt. Ltd. |
| Issue Registrar | Kfin Technologies Ltd. |
Purpose of Sonaselection India IPO
The company intends to deploy the funds raised through this public issue toward specific operational and strategic goals, as detailed in the table below.
| Particulars | Estimated Amount in ₹ Crores |
| Funding for purchasing plant and machinery | 50.61 |
| Repayment or prepayment of outstanding borrowings | 80.00 |
| General corporate purpose | _ |
| Total | _ |
Sonaselection India Ltd.- Strengths and benefits
- Strong recent financial growth: Revenue increased from ₹120.97 crore in FY2024 to ₹516.94 crore in FY2026, while profit rose from ₹13.09 crore to ₹34.02 crore. The company’s revenue, EBITDA and profitability also recorded strong growth between FY2024 and FY2026.
- Presence in Bhilwara’s textile ecosystem: The company’s manufacturing facility is located in Bhilwara, Rajasthan, which provides access to textile suppliers, skilled workers and supporting services.
- Experienced promoters: The promoters have significant experience in the textile industry. Subhash Chandra Nuwal, for example, has more than 35 years of experience in the sector.
Sonaselection India Ltd- Risks and limitations
- Geographic Significance: A significant fraction of the company’s revenue and procurement is concentrated in Rajasthan. In FY2026, 37.31% of revenue and 96.01% of procurement were linked to Rajasthan, exposing the company to regional concentration risks.
- Limited exports: The company’s domestic sales contributed 99.84% of revenue in FY2026, while exports accounted for only 0.16%. This leaves the company largely dependent on the domestic market.
- Supplier Dependence: The top 10 suppliers are responsible for 58.87% of purchases in FY2026, while the company have no contracts with its suppliers. Losing a major supplier or facing delays or quality problems could affect production and margins.
Sonaselection India IPO Review
Sonaselection India Ltd. is a mainboard IPO that is aiming to raise funds for the purchase of plant and machinery, the repayment or prepayment of certain borrowings, and general corporate purposes. It is a fresh issue with no offer-for-sale component, and the company plans to issue 1,43,00,000 equity shares. The price band has been set at ₹94-₹99 per share, making the minimum retail investment ₹14,850 for a lot of 150 shares. The IPO’s GMP was ₹0 as of 15 September 2026, so there was no unofficial premium indicated at that point.
However, investors should also consider the company’s dependence on a single manufacturing facility, concentration of procurement in Rajasthan, customer and supplier concentration, limited exports and relatively high debt levels.
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Sonaselection India IPO FAQs
The Sonaselection India IPO is a mainboard book-building public issue of approximately ₹142 crore. It comprises a fresh issue of 1.43 crore equity shares.
Investors can apply through their broker or other supported IPO application platforms using their demat account and UPI facility during the IPO subscription period.
The company has reported strong revenue and profit growth, but investors should also consider risks such as dependence on 1 manufacturing facility, geographic concentration, customer concentration and high debt. Whether the IPO is suitable depends on an investor’s risk profile and investment objectives.
The IPO will open for subscription on 17 September 2026 and close on 21 September 2026.
The lot size is 150 shares. At the upper price band of ₹99, one lot requires an investment of ₹14,850.
The tentative allotment date of the Sonaselection India IPO is 22 September 2026.
The shares are tentatively scheduled to be listed on the NSE and BSE on 24 September 2026.
