Sonaselection India

Sonaselection India IPO

Upcoming

MainboardOpens 17 September 2026Closes 21 September 2026

Incorporated in February 2022, Sonaselection India Limited is an integrated fabric manufacturing and processing company based in Bhilwara, Rajasthan, specializing in the production of value-added textile products. The…

Show more
Price band
₹94 - ₹99
Issue size
₹141.57 Cr
Lot size
150 shares
Type
Mainboard
GMP
₹0 (0.0%)
Est. listing
₹99
Est. profit / app
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹10
EPS
5.99
P/E ratio
16.53
RoNW
39.05%
ROE
39.05%
Debt / Equity
2.48
Advertisement

Timeline

IPO Opens

17 Sept

IPO Closes

21 Sept

Allotment

22 Sept

Listing

24 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date17 September 2026
IPO Close Date21 September 2026
Allotment Date22 September 2026
Listing Date24 September 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,850
Retail (Max)Just less than ₹2,00,000
13₹1,93,050
SHNI (Min)Just above ₹2,00,000
14₹2,07,900
SHNI (Max)Below ₹10,00,000
67₹9,94,950
BHNIAbove ₹10,00,000
68₹10,09,800

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company from banks (₹80.00 Cr).
  • Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility in Hamirgarh, Bhilwara, Rajasthan (₹50.61 Cr).
  • General Corporate Purposes.

Strengths

  • Integrated business model combining large-scale in-house fabric manufacturing and high-margin job-work processing.
  • Modern manufacturing infrastructure in Bhilwara with an installed processing capacity of 82.44 MMPA supported by captive solar power.
  • Rapid financial growth, with revenue expanding 64% and PAT surging 83% in FY26 alongside a robust RoNW of 39.05%.
  • Strong relationships with institutional textile buyers and garment brands across key domestic textile hubs.

Weaknesses

  • Single-facility concentration risk, conducting all operations from its manufacturing plant in Bhilwara, Rajasthan.
  • High financial leverage, with total borrowings of ₹258.24 Cr leading to a debt-to-equity ratio of 2.48x in FY26.
  • Working capital intensive business model resulting in negative cash flows from operating activities in FY26 (-₹10.99 Cr) and FY25 (-₹14.18 Cr).
  • Raw material price volatility, particularly with respect to cotton yarn and greige fabric procurement without long-term supply agreements.
Advertisement

Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)474.99374.77203.5
Revenue (₹ Cr.)517.6316.47121.31
PAT (₹ Cr.)34.0218.5613.1
Net Worth (₹ Cr.)104.1670.0738.88

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Sonaselection India416.5339.05%104.16
Nitin Spinners Limited2.4917.2612.07%1,471
Sangam (India) Limited2.723.967.67%1,076

Subscription Details

No daily bids available.

No subscription statistics available.

Advertisement

Company Details

  • Sonaselection India Limited
  • 18th KM Stone, Chittorgarh Road, Hamirgarh, Bhilwara - 311025, Rajasthan, India
  • +91 1482-286043
  • cs@sonaselection.com
  • https://www.sonaselection.com

Registrar Details

Frequently Asked Questions

What does Sonaselection India Limited do?
Sonaselection India Limited is an integrated fabric manufacturing and processing company that produces 100% cotton, cotton lycra, and blended fabrics, along with specialized fabric processing for the ready-made garment and textile trading sectors.
What are the opening and closing dates for the Sonaselection India IPO?
The IPO opens for public subscription on September 17, 2026, and closes on September 21, 2026 (Anchor investor bidding is scheduled for September 16, 2026).
What is the price band and minimum investment amount for retail investors?
The price band is set at ₹94.00 to ₹99.00 per share. Retail investors can bid for a minimum of 1 lot (150 shares), requiring an investment of ₹14,850 at the upper price band of ₹99.
What is the total issue size of the Sonaselection India IPO?
The issue size is ₹141.57 Crores, consisting entirely of a Fresh Issue of up to 14,300,000 equity shares (with no Offer for Sale).
When is the tentative listing date for Sonaselection India on the stock exchanges?
The equity shares of Sonaselection India Limited are tentatively scheduled to list on BSE and NSE on September 24, 2026.

Sonaselection India IPO News & Updates

Follow the latest updates for Sonaselection India IPO, including grey market moves and allotment news.

Sonaselection India IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Sources

We match Sonaselection India IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • KFin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

Loading comments...