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IPO details · Updated

Sonaselection India Limited

OpenMainboardNSE: SONA
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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

Full 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

  1. Offer opens

    17 Sept 2026

  2. Offer closes· Today

    21 Sept 2026

  3. Allotment

    22 Sept 2026

  4. 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

CategoryOfferedBidsSubscribed
QIB28,60,00013,15,350
0.46x
NII21,45,00030,53,100
1.42x
Retail50,05,0001,04,89,800
2.10x
Total1,00,10,0001,48,58,250
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

ApplicationLotsSharesAmount
Retail1150₹14,850
Small HNI (S-HNI)142,100₹2,07,900
Big HNI (B-HNI)6810,200₹10,09,800

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets474.99374.77203.5
Total Income517.6316.47121.31
Profit After Tax34.0218.5613.1
EBITDA84.7758.1228.49
Net Worth104.1670.0738.88
Reserves & Surplus61.6347.135.78
Total Borrowing258.24207.4144.6

Key Performance Indicators

Key performance indicators
PeriodMar-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

CompanyP/EROE
Vishal Fabrics Limited12.236.33%
Sangam (india) Limited37.298.02%
Nitin Spinners Limited18.2212.77%

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

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.