Sonaselection India IPO to Open on September 17, 2026: Check Price Band, Issue Size and Key Details

09 September 2026
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Sonaselection India’ initial public offering (IPO) is set to open for subscription on September 17, 2026. According to the Red Herring Prospectus (RHP), the book-built issue comprises a fresh issue of up to 1.43 crore equity shares, with no offer for sale (OFS) component.

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

Sonaselection India IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue only)
  • Total Issue Size: Up to 1.43 crore equity shares
  • Fresh Issue: Up to 1.43 crore equity shares
  • Offer for Sale (OFS): Not Applicable
  • Face Value: ₹2 per equity share
  • Price Band: To be announced
  • Lot Size: To be announced
  • 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 Category-wise Investment Limits

The application size for each category is as follows -

Category

Investment Range

Qualified Institutional Buyers (QIBs)

Not more than 50% of the Net Issue 

Non-Institutional Investors (NIIs)

Not less than 15% of the Net Issue 

Retail Individual Investors (RII)

Not less than 35% of the Net Issue 

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 fabric manufacturer and processor offering value-added fabrics across cotton, cotton lycra, cotton blends and polyester blends. Its manufacturing facility in Bhilwara, Rajasthan, spans approximately 49,540 sq. m. and has an installed processing capacity of 82.44 million metres annually.

The facility is equipped with modern textile-processing machinery, enabling the company to handle bleaching, dyeing and finishing in-house. Greige fabric is sourced from third-party suppliers or produced through outsourced yarn conversion, after which the company undertakes the remaining processing to deliver finished fabrics as per customer specifications and quality requirements.

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

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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