Sonaselection India came to market through an IPO that opened on 17 September 2026 and closed on 21 September 2026, and the shares listed on 24 September 2026 on BSE, NSE. The price band was ₹94 to ₹99 per share and one lot was 150 shares, so the minimum application was ₹14,850. The issue size was ₹141.57 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹102.31, a gain of 3.3% against the issue price of ₹99. Kfin Technologies Ltd was the registrar to the issue, and Choice Capital Advisors Pvt.Ltd was the lead manager.
As of 21 September 2026.
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Overall the issue was subscribed 2.01 times.
Incorporated in February 2022, the Company is a fully-integrated fabric manufacturing and processing company that engages in the manufacture of value-added textile products. This includes manufacture of 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends and polyester blends, and also the processing of 100% cotton, cotton blends, P/V and polyester fabrics.
Following the acquisition of an existing textile processing unit in 2022 and commissioning of a cotton fabric processing plant in July 2024, the Company shifted from the job-work processing-based model to the manufacturing led model. The Company's manufacturing plant is situated in Bhilwara, Rajasthan covering an area of about 49,540 sq. metres with an annual processing capacity of 82.44 million metres.
Modern textile processing machinery is available at the factory site and the following processing operations are undertaken at the plant: bleaching, dyeing and finishing. The Company offers diverse range of products which include 100% cotton fabrics, cotton lycra (stretch) fabrics, cotton blends and polyester blends. On 31st July 2026, the Company employed 979 persons in total.
As described in the offer document.
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Sonaselection India Limited finalised its anchor investor allocation on September 16, 2026, raising ₹42.47 crore from 3 institutional investors at an anchor price of ₹99 per share. The anchor book comprises 42,90,000 equity shares, with no participation from domestic mutual funds, life insurance companies, or pension funds. Astorne Capital VCC – Arven led the allocation with 53.53%, followed by India Max Investment Fund Limited at 23.24% and Lords Multigrowth Fund at 23.23%.
Harshil Nuwal, Subhash Chandra Nuwal, Uma Nuwal, Deepank Bhandari, Sona Polyspin Pvt.Ltd.. Promoter holding 86.22% before the issue and 64.52% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Sonaselection India IPO was a ₹141.57 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹94–₹99 per share with a lot size of 150 shares (₹14,850). The IPO was open from September 17 to September 21, 2026 and was subscribed 2.01x. Shares listed on BSE and NSE on September 24, 2026 at ₹102.31, a 3.3% premium to the issue price of ₹99. Kfin Technologies Ltd. is the registrar. Choice Capital Advisors Pvt. Ltd.
is the book running lead manager.
The price band of Sonaselection India IPO is ₹94 to ₹99 per share.
The lot size of Sonaselection India IPO is 150 shares.
The minimum investment for Sonaselection India IPO is approximately ₹14,850 based on the upper price band.
The allotment date of Sonaselection India IPO is Sep 22, 2026.
No GMP quote could be verified as recorded before Sonaselection India IPO listed. A grey-market observation of ₹0 per share was recorded on 24 Sep 2026, 8:45 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹102.31. GMP is unofficial and does not forecast or guarantee the actual listing price.
Sonaselection India IPO listed on Sep 24, 2026. It was issued at ₹102.31(NSE) and is currently around ₹97.82 as on 30-Oct-2026 3:30 PM, which is approximately -1.2% versus issue price. The 52-week high is ₹117.00.
You can check Sonaselection India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sonaselection India IPO allotment status on Rupix for quick and easy access.
₹94 to ₹99 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 150 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,850.
₹14,850, for one lot of 150 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 17 September 2026 and closed on 21 September 2026.
The basis of allotment was published on 22 September 2026 by Kfin Technologies Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 24 September 2026 on BSE, NSE, opening at ₹102.31.
The issue size was ₹141.57 crore. The fresh issue was 1,43,00,000 shares (aggregating up to ₹141.57 crore).
It listed at ₹102.31 against an issue price of ₹99, a gain of 3.3 percent on listing day.