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