Sonaselection India's ₹141.57 crore initial public offering (IPO) opened for public subscription today, September 17, 2026, with a price band of ₹94 to ₹99 per share. As of 10:00 A.M on the first day of bidding, the issue had been subscribed 0.00 times.

The IPO will remain open for subscription until September 21, 2026. The basis of allotment is expected to be finalised on September 22, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 24, 2026.

Sonaselection India IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue only)
Total Issue Size: Up to ₹141.57 crore
Fresh Issue: Up to ₹141.57 crore
Offer for Sale (OFS): Not Applicable
Face Value: ₹10 per equity share
Price Band: ₹94 to ₹99 per share
Lot Size: 150 shares
Minimum Investment Amount (Retail Investor): ₹14,850 (150 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: Choice Capital Advisors Private Limited
Registrar: KFin Technologies Limited

Sonaselection India IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	17 September 2026
Subscription Closing Date	21 September 2026
Basis of Allotment Date	22 September 2026
Refund Initiation Date	23 September 2026
Credit of Shares	23 September 2026
Listing on BSE and NSE	24 September 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Sonaselection India IPO Day 1 Subscription Status

[September 17, 2026, 10:00 A.M.]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	0.00x
Non-Institutional Investors (NIIs)	0.00x
Retail Individual Investors (RIIs)	0.01x
Total	0.00x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company from banks
Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility situated at located at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India
General corporate purposes.

About Sonaselection India Limited

Sonaselection India is an integrated textile company engaged in the manufacturing and processing of value-added fabrics, including cotton, cotton lycra, cotton blends, and polyester blends. The company operates a manufacturing facility in Bhilwara, Rajasthan, spread across nearly 49,540 square metres, with an annual fabric processing capacity of 82.44 million metres.

Its facility is equipped with advanced processing machinery that supports in-house bleaching, dyeing, and finishing operations. While greige fabric is procured from external suppliers or produced through outsourced yarn conversion, Sonaselection carries out the complete processing cycle to produce finished fabrics that meet customer specifications and quality standards.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	516.95	315.95	120.98
EBITDA	84.77	58.12	28.49
Profit After Tax (PAT)	34.02	18.56	13.10