Sonaselection India IPO 2026: GMP, Price, Dates, Lot Size, Financials & Should You Invest?

Sep 10th 2026
IPO
Sonaselection India IPO

 


The Sonaselection India IPO 2026 is an upcoming Mainboard book-built issue in the Other Textile Products sector. The IPO is scheduled to open for subscription on September 17, 2026, and close on September 21, 2026. The company plans to raise ₹141.57 crore through a fresh issue.

The Sonaselection India IPO price band has been fixed at ₹94 to ₹99 per equity share, with a lot size of 150 shares. At the upper price band, retail investors need a minimum investment of ₹14,850 for one lot. The shares are proposed to be listed on both the BSE and NSE on September 24, 2026.

Sonaselection India Limited is an integrated fabric manufacturing and processing company engaged in producing value-added textile products, including cotton fabrics, cotton lycra, cotton blends, polyester blends and processed fabrics.

 

Sonaselection India IPO Details

ParticularsDetails
CompanySonaselection India Ltd.
SectorOther Textile Products
IPO TypeMainboard, Book Build Issue
IPO Size₹141.57 Crore
Fresh Issue₹141.57 Crore
Offer for SaleNil
Face Value₹10 per Equity Share
Price Band₹94 – ₹99 per Share
IPO Open DateSeptember 17, 2026
IPO Close DateSeptember 21, 2026
Listing DateSeptember 24, 2026
Listing ExchangeBSE, NSE
Lot Size150 Shares
RegistrarKFin Technologies Ltd.
Lead ManagerChoice Capital Advisors Pvt. Ltd.

 

 

Sonaselection India IPO Timeline

IPO EventDate
IPO OpensSeptember 17, 2026
IPO ClosesSeptember 21, 2026
Basis of AllotmentSeptember 22, 2026
Refunds InitiatedSeptember 23, 2026
Credit to DematSeptember 23, 2026
Listing on BSE & NSESeptember 24, 2026

Allotment, refund, demat credit and listing dates are tentative and subject to change.

 

 

Sonaselection India IPO GMP Today

The reported Sonaselection India IPO GMP is ₹0 as of September 10, 2026.

With the upper price band of ₹99 and GMP of ₹0, the estimated listing price is ₹99, indicating an estimated listing gain of 0%.

GMP DateIPO PriceGMPEstimated Listing PriceEstimated Gain
September 10, 2026₹99₹0₹990.00%
September 9, 2026₹0

The GMP currently indicates neutral grey-market sentiment. However, GMP is unofficial and can change before the IPO listing.

Disclaimer: GMP is sourced from grey-market dealers and is indicative only. Investors should conduct their own due diligence and should not rely solely on GMP when evaluating an IPO.

 

Sonaselection India IPO Subscription Status

The Sonaselection India IPO will open for subscription on September 17, 2026. Therefore, live subscription data is not available yet.

Investor CategorySubscription
QIB
NII
Retail
Total

Once bidding starts, the subscription figures will be updated based on BSE and NSE data.

 

Sonaselection India IPO Day-wise Subscription Trend

The IPO has not opened for subscription yet, so the day-wise subscription trend is currently unavailable.

Subscription DateQIBNIIRetailTotal
September 21, 2026
September 18, 2026
September 17, 2026


After the issue opens, investors can track the subscription trend across QIB, NII and Retail categories to assess investor demand.

 

What is the Current Subscription Data for Sonaselection India?

The current subscription data is not available because the IPO has not opened for bidding.

CategoryShares OfferedShares BidBid Amount (₹ Cr.)
QIBTo be UpdatedTo be UpdatedTo be Updated
NIITo be UpdatedTo be UpdatedTo be Updated
• Small NIITo be UpdatedTo be UpdatedTo be Updated
• Big NIITo be UpdatedTo be UpdatedTo be Updated
RetailTo be UpdatedTo be UpdatedTo be Updated
Emp.To be UpdatedTo be UpdatedTo be Updated
TotalTo be UpdatedTo be UpdatedTo be Updated

Once the issue opens, live subscription figures will be updated based on bids received from QIB, NII and Retail investors.

 

Sonaselection India IPO Lot Size

The minimum bid is 150 shares, and investors can bid in multiples of 150 shares. The investment amount is calculated at the upper price band of ₹99 per share.

Investor CategoryLotsSharesInvestment
Retail Min1150₹14,850
Retail Max131,950₹1,93,050
S-HNI Min142,100₹2,07,900
S-HNI Max6710,050₹9,94,950
B-HNI Min6810,200₹10,09,800

 

Sonaselection India IPO Reservation

The IPO reservation for different investor categories is as follows:

Investor CategoryReservation
QIBNot more than 50% of the Issue
RetailNot less than 35% of the Net Offer
NIINot less than 15% of the Issue Size

 

About Sonaselection India Ltd.

Sonaselection India Limited was incorporated in February 2022 and operates in the Other Textile Products sector. The company is engaged in integrated fabric manufacturing and processing, with a focus on value-added textile products.

Its product portfolio includes 100% cotton fabric, cotton lycra/stretch fabric, cotton blends, polyester blends and processed fabrics, including 100% cotton, cotton blends, polyester-viscose and polyester fabrics.

The company converts raw textiles into finished fabrics and focuses on consistent quality, product development, cost efficiency and timely delivery. Its integrated business model allows it to cater to customers looking for diversified fabric products and faster delivery timelines.

Sonaselection India also uses a flexible workforce model to adjust production according to changes in demand while maintaining manufacturing efficiency and cost-effectiveness.

As of October 31, 2025, the company had 844 employees.

 

Diversified fabric product portfolio

The company operates across manufacturing and processing of different types of fabrics.

Its major products include:

  • 100% cotton fabrics
  • Cotton lycra/stretch fabrics
  • Cotton blends
  • Polyester blends
  • Polyester-viscose fabrics
  • Processed cotton fabrics
  • Processed polyester fabrics

This diversified product portfolio enables the company to serve different textile applications and customer requirements.

 

Sonaselection India IPO Objectives

The company proposes to use the net proceeds from the IPO for repayment of borrowings, capital expenditure and general corporate purposes.

IPO ObjectiveAmount
Repayment/pre-payment of certain borrowings₹80.00 Crore
Purchase of plant and machinery₹50.61 Crore
General Corporate PurposesBalance Amount
Total₹130.61 Crore

The company intends to use ₹80 crore towards repayment or pre-payment of certain borrowings. Another ₹50.61 crore will be used for purchasing plant and machinery at its existing manufacturing facility in Hamirgarh, Bhilwara, Rajasthan.

These investments are aimed at strengthening the company's manufacturing capabilities while reducing its debt burden.

 

Sonaselection India Financial Performance

 

Financial Highlights – Restated Consolidated

Particulars (₹ Crore)FY26FY25FY24
Assets474.99374.77203.50
Total Income517.6316121.31
Profit After Tax34.021913.10
EBITDA84.775828.49
Net Worth104.167038.88
Reserves & Surplus61.6347.135.78
Total Borrowings258.24207.4144.60

Sonaselection India reported strong growth in FY26. Total income increased from ₹316.47 crore in FY25 to ₹517.60 crore in FY26, representing growth of around 64%.

Profit after tax increased from ₹18.56 crore to ₹34.02 crore, an increase of around 83%.

EBITDA also increased from ₹58.12 crore in FY25 to ₹84.77 crore in FY26, while net worth increased from ₹70.07 crore to ₹104.16 crore.

However, total borrowings increased to ₹258.24 crore in FY26, making debt reduction an important IPO objective.

 

Sonaselection India Key Financial Ratios

KPIFY26
ROE39.05%
ROCE19.69%
Debt/Equity2.48%
RoNW39.05%
PAT Margin6.58%
EBITDA Margin16.40%
Price to Book Value4

The company reported a strong ROE and RoNW of 39.05% in FY26. ROCE stood at 19.69%, indicating healthy returns generated from the capital employed.
The 16.40% EBITDA margin shows improvement in operating profitability, while the PAT margin stood at 6.58%.

 

Sonaselection India IPO Valuation

Based on the supplied valuation data, Sonaselection India has a pre-IPO EPS of ₹8.00 and post-IPO EPS of ₹5.99.

Valuation MetricPre IPOPost IPO
EPS₹8.00₹5.99
P/E12.38x16.53x
Promoter Holding86.21%64.52%
Market Cap₹562.60 Crore

At the upper price band of ₹99, the supplied post-IPO P/E is 16.53x.
The post-IPO P/E is higher than the pre-IPO P/E due to the change in the company's post-issue EPS.

 

Sonaselection India Promoter Holding

The promoters of Sonaselection India Limited are:

  • Harshil Nuwal
  • Subhash Chandra Nuwal
  • Uma Nuwal
  • Deepank Bhandari
  • Sona Polyspin Pvt. Ltd.

Promoter holding is expected to decline from 86.21% before the IPO to 64.52% after the IPO.

 

Sonaselection India IPO Peer Comparison

CompanyEPS BasicEPS DilutedNAVP/ERoNW
Nitin Spinners Ltd₹31.58₹31.58₹261.6018.22x12.77%
Sangam (India) Ltd₹16.44₹16.44₹211.8537.29x8.02%
Vishal Fabrics Ltd₹1.52₹1.52₹26.1212.23x6.33%
Sonaselection India Ltd₹8.09₹8.09₹24.78Subject to IPO39.05%

Sonaselection India's reported RoNW of 39.05% is higher than the selected peer companies in the supplied comparison.
Its valuation should nevertheless be assessed alongside its debt position, profitability, business scale and future growth prospects.

 

Competitive Strengths of Sonaselection India

  • Integrated manufacturing model: The company combines fabric manufacturing and processing activities, allowing greater control over its product portfolio.
  • Diversified products: It manufactures cotton, lycra, blended and polyester-based fabrics.
  • Strong customer relationships: The company reports strong customer relationships and a high retention rate.
  • Modern manufacturing facility: Its strategically located manufacturing facility uses modern technology to support production.
  • Strong financial growth: FY26 revenue increased by 64% and PAT increased by 83% compared with FY25.
  • High RoNW: FY26 RoNW stood at 39.05%, indicating strong returns on net worth.

 

Risks Investors Should Consider

  • High borrowings: Total borrowings stood at ₹258.24 crore in FY26, making debt reduction an important IPO objective.
  • Textile industry volatility: Changes in raw-material prices, demand and textile market conditions can affect profitability.
  • Customer concentration risk: Dependence on key customers may affect revenue if major relationships change.
  • Competitive industry: The company operates in a competitive textile manufacturing and processing market.
  • Margin pressure: Despite strong EBITDA growth, the PAT margin was 6.58% in FY26.
  • Short operating history: The company was incorporated in February 2022 and therefore has a relatively shorter operating history compared with some established textile peers.

 

Should You Invest in Sonaselection India IPO?

Sonaselection India IPO offers investors exposure to an integrated fabric manufacturing and processing company with a diversified product portfolio.

The key positives include strong revenue and PAT growth, high RoNW, improving EBITDA and an integrated manufacturing model. FY26 total income grew 64% and PAT increased 83% year-on-year.

However, the company's ₹258.24 crore borrowings in FY26 remain an important consideration. The IPO's ₹80 crore debt repayment objective could help reduce the company's financial burden, while ₹50.61 crore is proposed to be used for plant and machinery.

At the upper price band of ₹99, the supplied post-IPO P/E is 16.53x. Investors should compare this valuation with textile peers while considering the company's growth rate and significantly higher RoNW.

The current GMP of ₹0 indicates no premium in the reported grey market as of September 10, 2026. However, GMP can change before listing and should not be considered a reliable indicator of long-term performance.

Overall, investors should evaluate Sonaselection India IPO based on its growth, valuation, debt reduction plans, manufacturing capabilities and textile-sector risks rather than relying solely on GMP.

 

Sonaselection India IPO Allotment Status

The basis of allotment for the Sonaselection India IPO is expected on September 22, 2026.

Investors can check their IPO allotment status through the official registrar, KFin Technologies Ltd.

How to Check Sonaselection India IPO Allotment Status?

  • Visit the KFin Technologies IPO allotment page.
  • Select Sonaselection India from the issuer list.
  • Enter your PAN, application number or DP ID/Client ID.
  • Enter the required details.
  • Submit the information.
  • Your allotment status will be displayed on the screen.

Investors can also receive allotment and refund updates through their registered email address and mobile number.

 

Sonaselection India IPO Registrar

  • KFin Technologies Ltd. is the registrar and transfer agent for the Sonaselection India IPO.
  • Address: Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally.
  • Phone: 040-79615565
  • Email: sona.ipo@kfintech.com

 

Sonaselection India IPO Lead Manager

Choice Capital Advisors Pvt. Ltd. is the Book Running Lead Manager for the Sonaselection India IPO.

 

Sonaselection India Company Details

  • Company: Sonaselection India Ltd.
  • Sector: Other Textile Products
  • Registered Office: 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara, Rajasthan – 311025
  • Phone: +91 8386090831
  • Email: cs@sonaselection.com
  • Website: Sonaselection India

 

Sonaselection India IPO Summary

The Sonaselection India IPO is a ₹141.57 crore Mainboard book-built issue consisting entirely of a fresh issue of ₹141.57 crore. The IPO will open on September 17, 2026 and close on September 21, 2026, with listing expected on September 24, 2026 on the BSE and NSE.

The IPO price band is fixed at ₹94 to ₹99 per share, with a lot size of 150 shares. Retail investors need a minimum investment of ₹14,850 at the upper price band.

The company proposes to use ₹80 crore of the IPO proceeds for repayment or pre-payment of borrowings and ₹50.61 crore for purchasing plant and machinery at its existing manufacturing facility.

Sonaselection India operates in fabric manufacturing and processing, offering cotton, lycra, blended and polyester-based fabrics. The company reported ₹517.60 crore total income and ₹34.02 crore PAT in FY26, compared with ₹316.47 crore income and ₹18.56 crore PAT in FY25.

The company reported 39.05% ROE and RoNW, 19.69% ROCE and a 16.40% EBITDA margin in FY26. However, total borrowings stood at ₹258.24 crore, making debt management an important factor for investors.

At the upper price band, the supplied post-IPO P/E is 16.53x. The current reported GMP is ₹0, indicating an estimated listing price of ₹99 based on the upper price band.
Investors should assess the IPO's valuation, financial growth, debt position, competitive environment and textile-sector risks before subscribing.

 

 

Sonaselection India IPO FAQs

 

When will Sonaselection India IPO open?

The Sonaselection India IPO will open for subscription on September 17, 2026.

 

When will Sonaselection India IPO close?

The IPO will close on September 21, 2026.

 

What is the Sonaselection India IPO price band?

The price band is ₹94 to ₹99 per equity share.

 

What is the Sonaselection India IPO lot size?

The lot size is 150 shares.

 

What is the minimum investment for Sonaselection India IPO?

Retail investors need a minimum investment of ₹14,850 at the upper price band.

 

What is the Sonaselection India IPO GMP today?

The reported GMP is ₹0 as of September 10, 2026.

 

What is the estimated listing price of Sonaselection India IPO?

Based on the upper price band of ₹99 and GMP of ₹0, the estimated listing price is ₹99.

 

Where will Sonaselection India shares be listed?

The shares are proposed to be listed on the BSE and NSE.

 

What is the Sonaselection India IPO issue size?

The total issue size is ₹141.57 crore, entirely through a fresh issue.

 

What is the objective of Sonaselection India IPO?

The company plans to use ₹80 crore for repayment/pre-payment of borrowings and ₹50.61 crore for purchasing plant and machinery, with the remaining amount for general corporate purposes.

 

What is Sonaselection India's FY26 profit?

Sonaselection India reported ₹34.02 crore PAT in FY26.

 

Who is the registrar of Sonaselection India IPO?

KFin Technologies Ltd. is the IPO registrar.

 

Who is the lead manager of Sonaselection India IPO?

Choice Capital Advisors Pvt. Ltd. is the Book Running Lead Manager.

 

Disclaimer

This article is for informational and educational purposes only and should not be considered investment advice or a recommendation to buy or subscribe to the Sonaselection India IPO. IPO dates, financial information, valuation and other issue details may change. GMP is unofficial, unregulated and highly volatile and should not be considered a guaranteed listing gain. Investors should read the company's RHP/prospectus carefully, evaluate the financials, valuation and risk factors, and consult a SEBI-registered investment adviser before making investment decisions.

 

Author Image
Author: Komal Bhatt

Komal Bhatt is a finance content writer at InvestKraft, specialising in well-researched articles on financial products, stock markets, and investment opportunities, with a particular focus on unlisted shares.

She holds a Master’s degree in Commerce from the University of Delhi, which gives her a solid academic foundation in finance and business. With over three years of hands-on experience in creating digital finance content, Komal has developed a clear understanding of investor needs through her work on wealth management, NISM certification programs, and market education materials.

Komal is passionate when it comes to breaking down complex financial concepts into simple, accurate and actionable insights. Her goal is to help everyday investors understand markets better and make more informed decisions based on reliable, research-backed information.

 

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