IPO details · Updated
Sonaselection India Limited
- Price Band
- ₹94 – ₹99
- Lot Size
- 150 shares
- Min. Investment
- ₹14,850
- Issue Size
- ₹141.57 Cr
- Offer Dates
- 17 Sept – 21 Sept 2026
- Listing
- 24 Sept 2026
Issue Details
- Total Issue Size
- ₹141.57 Cr
- 1,43,00,000 shares
- Fresh Issue
- ₹141.57 Cr
- 1,43,00,000 shares
- Offer for Sale
- ₹0 Cr
- Face Value
- ₹10 per share
- Issue Type
- Book-built IPO
- Listing At
- BSE, NSE
- Shares Pre-Issue
- 4,25,28,681
- Shares Post-Issue
- 5,68,28,681
IPO Timeline
Offer opens
17 Sept 2026
Offer closes· Today
21 Sept 2026
Allotment
22 Sept 2026
Listing
24 Sept 2026
Issue Allocation
Share of the offer reserved for each investor category
- Anchor30.0%42,90,000 shares
- QIB20.0%28,60,000 shares
- HNI15.0%21,45,000 shares
- Retail35.0%50,05,000 shares
Subscription Status
Times subscribed by investor category
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 28,60,000 | 13,15,350 | 0.46x |
| NII | 21,45,000 | 30,53,100 | 1.42x |
| Retail | 50,05,000 | 1,04,89,800 | 2.10x |
| Total | 1,00,10,000 | 1,48,58,250 | 1.48x |
Lot Size & Investment
1 lot = 150 shares
Retail (min)
1 lot · 150 shares
Retail (max)
13 lots · 1,950 shares
S-HNI (min)
14 lots · 2,100 shares
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 150 | ₹14,850 |
| Small HNI (S-HNI) | 14 | 2,100 | ₹2,07,900 |
| Big HNI (B-HNI) | 68 | 10,200 | ₹10,09,800 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 474.99 | 374.77 | 203.5 |
| Total Income | 517.6 | 316.47 | 121.31 |
| Profit After Tax | 34.02 | 18.56 | 13.1 |
| EBITDA | 84.77 | 58.12 | 28.49 |
| Net Worth | 104.16 | 70.07 | 38.88 |
| Reserves & Surplus | 61.63 | 47.1 | 35.78 |
| Total Borrowing | 258.24 | 207.4 | 144.6 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| RoNW (%) | 39.05 |
| EPS (₹) | 8 |
| P/E (pre-issue) | 12.38 |
| P/E (post-issue) | 16.53 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Vishal Fabrics Limited | 12.23 | 6.33% |
| Sangam (india) Limited | 37.29 | 8.02% |
| Nitin Spinners Limited | 18.22 | 12.77% |
About Sonaselection India Limited
Incorporated in February 2022, the Company is an integrated fabric manufacturing and processing company engaged in the production of value-added textile products. It manufactures 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends and polyester blends, and also undertakes processing of 100% cotton, cotton blends, polyester-viscose (P/V) and polyester fabrics. The Company transitioned from a job-work based processing model to a manufacturing-led model after acquiring an established textile processing unit in 2022 and subsequently commissioned a cotton fabric processing plant in July 2024. The Company's manufacturing facility is located in Bhilwara, Rajasthan, spread across approximately 49,540 sq. metres, with an installed processing capacity of 82.44 million metres per annum. The facility is equipped with modern textile processing machinery and undertakes key processes including bleaching, dyeing and finishing. The Company follows an integrated operating model combining own manufacturing and job-work processing, enabling it to manage processing activities, quality control, grading, packing and outbound logistics while serving customers according to their technical and product specifications. The Company's product portfolio primarily comprises 100% cotton fabrics, cotton lycra (stretch) fabrics, cotton blends and polyester blends, catering to varied apparel and textile applications. It also undertakes processing of greige fabric supplied by customers on a job-work basis. Through its diversified product portfolio, modern manufacturing infrastructure and quality-focused processes, the Company aims to provide consistent quality, cost-efficient solutions and timely deliveries to its customers. As of July 31, 2026, the Company had 979 employees, including personnel across production, plant maintenance, dispatch and supply chain, quality assurance, safety and security, accounts and finance, sales and marketing, and other support functions. Competitive Strengths Healthy track record and steady growth. Strong customer relationships and high customer retention. Strategically located manufacturing facility with modern technology. Experienced Promoters supported by a professional management team. Integrated business model combining manufacturing and job-work activities.
Objects of the Issue
- Repayment and/or pre-payment, in full or part, of certain borrowings (₹80.00 Cr)
- Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility situated at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India (₹50.61 Cr)
- General Corporate Purposes
Promoters
- <p>Harshil Nuwal
- Subhash Chandra Nuwal
- Uma Nuwal
- Deepank Bhandari
- Sona Polyspin Pvt.Ltd.</p>
Company Information
- Book running lead managers
- Choice Capital Advisors Pvt.Ltd.
- Registered office
- 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara, Rajasthan, 311025
Official Documents
Opens the source filing in a new tab
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