Sonaselection opened for subscription on 17 Sept and closes on 21 Sept 2026. GMP is ₹7 (about 7.1% over the cap price).
Sonaselection IPO Subscription Status
| Category | Subscribed (times) | Bids received |
|---|---|---|
| QIB | 1.16x | ₹33.26 cr |
| NII (HNI) | 1.99x | ₹42.78 cr |
| Retail | 2.5x | ₹125 cr |
| Total | 2.01x | ₹201.04 cr |
Updated through the bidding window; final numbers settle after the issue closes.
Sonaselection IPO GMP (Grey Market Premium)
The latest grey market premium for Sonaselection is ₹2 (about 2.0% over the cap price). GMP is an unofficial, over-the-counter figure that can change through the day and is not endorsed by SEBI or the exchanges.
Should You Apply to Sonaselection IPO?
As things stand, the grey market premium points to a listing near ₹106 (about 7.1%). In the company's favour: Integrated manufacturing facility equipped with an in-house quality control laboratory and warehousing capability. The main risk to weigh: Revenue and raw material procurement are heavily concentrated in the state of Rajasthan. Judge the price against the company's earnings and your holding period, not the GMP alone.
How to Apply for Sonaselection IPO
- Log in to your broker's IPO section and select Sonaselection.
- Bid at the cut-off price for the best chance of allotment (retail).
- Enter the number of lots (minimum 150 shares) and submit your UPI ID.
- Approve the mandate request in your UPI app before the cut-off time to block the funds.
Quick facts: Price band ₹94 – ₹99 · Lot 150 shares (~₹14,850) · Bidding 17 Sept – 21 Sept · Listing 24 Sept on NSE, BSE
More on Sonaselection IPO
- Sonaselection IPO — live GMP, subscription & allotment status
- Sonaselection IPO listing gain calculator
- All Mainboard IPOs
- Full IPO list with GMP
This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
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