Sonaselection India Shares List at 3% Premium on NSE
Sonaselection India made its stock market debut on Thursday, September 24, 2026, with its shares listing at a 3.34% premium on the NSE. The stock opened at ₹102.21 apiece on the NSE against its IPO issue price of ₹99 per share. On the BSE, the shares debuted at ₹102 per share, representing a 3.03% premium over the issue price.
The company’s ₹141.57 crore IPO was open for subscription from September 17 to September 21, 2026, and witnessed modest investor interest. The issue was subscribed 2.01 times by the end of the bidding period.
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
Explore other Upcoming IPOs on BSE and NSE.
Sonaselection India IPO Overall Subscription Status
[September 21, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
1.16x |
|
Non-Institutional Investors (NIIs) |
2.00x |
|
Retail Individual Investors (RIIs) |
2.50x |
|
Total |
2.01x |
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 Limited is a textile company that manufactures and processes value-added fabrics, including cotton, cotton lycra, cotton blends, and polyester blends. Its processing facility in Bhilwara, Rajasthan, covers approximately 49,540 square metres and has an annual production capacity of 82.44 million metres.
The company carries out in-house bleaching, dyeing, and finishing, while sourcing greige fabric from external suppliers or through outsourced yarn conversion. These fabrics are then processed into finished products according to 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 |
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