New IPO Alert: Sonaselection IPO Opens 17 Sept — GMP, Price Band & Details

Sonaselection is a Mainboard IPO scheduled to open on 17 Sept 2026 and close on 21 Sept 2026, priced at ₹94 – ₹99 per share, minimum lot 150 shares (~₹14,850 for retail). Proposed listing on NSE, BSE on 24 Sept 2026.

About Sonaselection

Sonaselection India processes and manufactures textile fabrics, specializing in cotton, cotton lycra, and cotton or polyester blends, operating through an integrated manufacturing facility in Bhilwara, Rajasthan. The company generates revenue by producing finished fabrics for textile traders and garment brands, alongside providing job-work processing services. Its manufacturing process encompasses multi-stage operations such as singeing, scouring, bleaching, peaching, dyeing, and finishing, supported by an in-house quality control laboratory and a five-million-meter warehousing infrastructure. In addition to its core fabric processing activities, the company has expanded its portfolio into downstream apparel categories through its ready-made garments business segment to capture integrated value chain benefits

Sonaselection IPO Details

Sonaselection IPO Important Dates

Sonaselection IPO Lot Size & Investment

Sonaselection IPO GMP (Grey Market Premium)

The latest grey market premium for Sonaselection is Not available yet. GMP is an unofficial, over-the-counter figure that can change through the day and is not endorsed by SEBI or the exchanges.

Sonaselection — Strengths

• Integrated manufacturing facility equipped with an in-house quality control laboratory and warehousing capability.
• Diversified product portfolio spanning cotton, lycra, polyester blends, and ready-made garments.
• Established recurring business relationships with a broad domestic customer base.
• Experienced promoter leadership with extensive domain expertise in the textile industry.
• Strategic expansion into downstream apparel categories to capture integrated value chain benefits.

Sonaselection — Risks

• Revenue and raw material procurement are heavily concentrated in the state of Rajasthan.
• Operations depend entirely on a single manufacturing facility located in Bhilwara, Rajasthan.
• The company experienced negative net operating cash flows in recent fiscal years.
• Heavy reliance on a limited set of key customers without long-term supply contracts.
• A high debt-to-equity ratio exposes the business to interest rate and debt servicing risks.

Sonaselection IPO Objects of the Issue

Sonaselection IPO Reservation

More on Sonaselection IPO

• Sonaselection IPO — live GMP, subscription & allotment status
• Sonaselection IPO listing gain calculator
• All Mainboard IPOs
• Full IPO list with GMP

Allotment and listing-gain details will be published here once available. This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.