The Sonaselection India IPO opened for subscription on September 17, 2026, and will remain open until September 21, 2026. The mainboard IPO has a price band of ₹94 to ₹99 per share and an issue size of approximately ₹141.57 crore. The issue comprises a fresh issue of 1.43 crore equity shares, with no offer-for-sale component.
| Particular | Details |
|---|---|
| IPO Name | Sonaselection India IPO |
| IPO Dates | Sep 17–21, 2026 |
| IPO Type | Mainboard |
| Price Band | ₹94–₹99 |
| Issue Size | ₹141.57 Cr |
| Issue Type | Fresh Issue |
| Fresh Shares | 1.43 Cr |
| Lot Size | 150 Shares |
| Min Investment | ₹14,850 |
| Allotment | Sep 22, 2026 |
| Refund/Demat | Sep 23, 2026 |
| Listing Date | Sep 24, 2026 |
| Listing | NSE & BSE |
| Registrar | KFin Technologies |
Sonaselection India IPO GMP Today
The latest Sonaselection India IPO GMP is around ₹7–₹8 per share, based on current grey-market updates. At the upper price band of ₹99, this indicates an unofficial estimated listing price of approximately ₹106–₹107. The reported GMP has moved from ₹0 in earlier sessions to around ₹8 on September 16.
At a GMP of ₹8, the indicated premium is around 8.08% over the upper IPO price. GMP is unofficial and can change before listing, so it should not be considered a guaranteed listing price.
Sonaselection India IPO Subscription Status
The Sonaselection India IPO subscription started on September 17, and bidding will continue until September 21. The issue has reserved 50% of the net offer for qualified institutional buyers, 15% for non-institutional investors and 35% for retail investors.
| Investor Category | Reservation |
|---|---|
| QIB | 50% |
| NII | 15% |
| Retail | 35% |
Subscription figures will continue to change throughout the bidding period. The final subscription status will be available after the Sonaselection India IPO closes.
Sonaselection India IPO Lot Size
The Sonaselection India IPO lot size is 150 shares. At the upper price band of ₹99, one lot requires an investment of ₹14,850.
| Particular | Details |
|---|---|
| Lot Size | 150 Shares |
| Price Per Share | ₹99 |
| Minimum Investment | ₹14,850 |
| Retail Maximum | 1,950 Shares |
| Maximum Retail Amount | ₹1,93,050 |
The minimum application amount keeps the Sonaselection India IPO within the standard retail application range for a mainboard issue.
Sonaselection India Company Business
Sonaselection India Limited is an integrated fabric manufacturing and processing company based in Rajasthan. The company manufactures and processes fabrics for different textile applications, with its operations focused on cotton, stretch, blended and polyester-blended fabrics.
The company operates a manufacturing facility in the Bhilwara textile region of Rajasthan. Its integrated operations cover fabric manufacturing and processing, allowing it to participate in multiple stages of the textile production cycle.
The company has also developed a sizeable production base and supplies fabrics to customers in the domestic textile market.
Sonaselection India IPO Financial Performance
The financial performance of Sonaselection India has shown significant growth over the last few years. Revenue increased to ₹517.60 crore in FY26 from ₹316.47 crore in FY25, while profit after tax increased to ₹34.02 crore from ₹18.56 crore.
| Financial Year | Revenue | PAT |
|---|---|---|
| FY24 | ₹121.31 Cr | ₹13.10 Cr |
| FY25 | ₹316.47 Cr | ₹18.56 Cr |
| FY26 | ₹517.60 Cr | ₹34.02 Cr |
FY26 EBITDA was approximately ₹84.77 crore, while net worth increased to around ₹104.16 crore. The reported RoNW was approximately 39.05%.
The financial numbers show strong recent revenue growth, although investors should also consider the company's debt level and the cyclical nature of the textile industry.
Sonaselection India IPO Valuation
At the upper price band of ₹99, the Sonaselection India IPO implies a market capitalisation of approximately ₹421 crore. Based on the reported post-issue EPS of ₹5.99, the IPO valuation works out to around 16.53 times earnings.
The offer documents disclose Vishal Fabrics, Sangam (India) and Nitin Spinners as listed peers. Their operating scale and business profiles differ, so investors should consider the peer comparison alongside Sonaselection India's own financial performance.
Sonaselection India IPO Objects of the Issue
The fresh funds raised through the Sonaselection India IPO are planned for debt repayment or prepayment, capital expenditure and general corporate purposes.
Around ₹80 crore is proposed for repayment or prepayment of certain borrowings. Another approximately ₹50.61 crore is planned for purchasing plant and machinery at the company's existing manufacturing facility in Hamirgarh, Bhilwara, Rajasthan.
| Use of IPO Funds | Amount |
|---|---|
| Debt Repayment/Prepayment | ₹80 Cr |
| Plant & Machinery | ₹50.61 Cr |
| General Corporate Purposes | Balance |
The planned capital expenditure is intended to strengthen the company's manufacturing capabilities, while debt repayment can reduce part of its existing borrowing burden.
Sonaselection India IPO Strengths
The Sonaselection India IPO comes with several notable business developments. The company has recorded strong revenue and profit growth, while its integrated manufacturing and processing model provides exposure to different stages of textile production.
Its FY26 revenue crossed ₹500 crore, and the company reported substantially higher profit compared with FY25. The IPO proceeds will also support capital expenditure and debt-related requirements.
Sonaselection India IPO Risks
The Sonaselection India IPO also has risks that investors should consider. The textile industry is exposed to fluctuations in cotton and other raw-material prices, changing demand conditions, competition and export-market factors.
The company also has a relatively high debt-to-equity ratio of around 2.48 based on the latest available IPO financial data. Debt repayment is therefore one of the major uses of the IPO proceeds.
Execution of planned capital expenditure, working-capital requirements and maintaining recent growth rates are additional factors that may affect future financial performance.
Sonaselection India IPO Important Dates
The Sonaselection India IPO opened on September 17 and will close on September 21, 2026. The basis of allotment is expected on September 22, refunds and demat credit are scheduled for September 23, and the shares are expected to list on NSE and BSE on September 24.
| Event | Date |
|---|---|
| IPO Opens | Sep 17, 2026 |
| IPO Closes | Sep 21, 2026 |
| Allotment | Sep 22, 2026 |
| Refund | Sep 23, 2026 |
| Demat Credit | Sep 23, 2026 |
| Listing | Sep 24, 2026 |
Sonaselection India IPO Key Highlights
- Sonaselection India IPO issue size is ₹141.57 crore.
- Price band is ₹94–₹99 per share.
- The issue is entirely a fresh issue.
- Lot size is 150 shares.
- Minimum investment is ₹14,850 at the upper price band.
- Latest reported GMP is around ₹7–₹8.
- FY26 revenue stood at ₹517.60 crore.
- FY26 PAT stood at ₹34.02 crore.
- FY26 EBITDA was around ₹84.77 crore.
- Around ₹80 crore of IPO proceeds are planned for debt repayment/prepayment.
- Around ₹50.61 crore is planned for plant and machinery.
- Shares are scheduled to list on NSE and BSE on September 24, 2026.
Sonaselection India IPO Review
The Sonaselection India IPO combines a growing fabric manufacturing business with a fresh capital infusion for debt reduction and manufacturing expansion. The company has reported substantial revenue growth and higher profitability in FY26, while the proposed capital expenditure is aimed at strengthening its production capabilities.
At the same time, investors should consider the company's debt level, textile-sector risks, raw-material price movements and the ability to maintain its recent growth. The current GMP provides an unofficial indication of grey-market activity but can change before listing.
Sonaselection India IPO Conclusion
The Sonaselection India IPO is a ₹141.57 crore mainboard issue priced between ₹94 and ₹99 per share. The company operates an integrated fabric manufacturing and processing business and reported FY26 revenue of ₹517.60 crore with a PAT of ₹34.02 crore.
The latest Sonaselection India IPO GMP is around ₹7–₹8, while the IPO has just entered its subscription period. Investors should track the final subscription numbers, GMP movement, company financials, debt position and official IPO disclosures before making an investment decision.
Disclaimer: Sonaselection India IPO GMP is unofficial and unregulated. GMP and subscription figures can change frequently. Investors should verify the latest IPO documents and exchange disclosures before making any investment decision.
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