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.
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 Date
IPO Price
GMP
Estimated Listing Price
Estimated Gain
September 10, 2026
₹99
₹0
₹99
0.00%
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 Category
Subscription
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 Date
QIB
NII
Retail
Total
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.
Category
Shares Offered
Shares Bid
Bid Amount (₹ Cr.)
QIB
To be Updated
To be Updated
To be Updated
NII
To be Updated
To be Updated
To be Updated
• Small NII
To be Updated
To be Updated
To be Updated
• Big NII
To be Updated
To be Updated
To be Updated
Retail
To be Updated
To be Updated
To be Updated
Emp.
To be Updated
To be Updated
To be Updated
Total
To be Updated
To be Updated
To 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 Category
Lots
Shares
Investment
Retail Min
1
150
₹14,850
Retail Max
13
1,950
₹1,93,050
S-HNI Min
14
2,100
₹2,07,900
S-HNI Max
67
10,050
₹9,94,950
B-HNI Min
68
10,200
₹10,09,800
Sonaselection India IPO Reservation
The IPO reservation for different investor categories is as follows:
Investor Category
Reservation
QIB
Not more than 50% of the Issue
Retail
Not less than 35% of the Net Offer
NII
Not 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 Objective
Amount
Repayment/pre-payment of certain borrowings
₹80.00 Crore
Purchase of plant and machinery
₹50.61 Crore
General Corporate Purposes
Balance 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)
FY26
FY25
FY24
Assets
474.99
374.77
203.50
Total Income
517.6
316
121.31
Profit After Tax
34.02
19
13.10
EBITDA
84.77
58
28.49
Net Worth
104.16
70
38.88
Reserves & Surplus
61.63
47.1
35.78
Total Borrowings
258.24
207.4
144.60
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
KPI
FY26
ROE
39.05%
ROCE
19.69%
Debt/Equity
2.48%
RoNW
39.05%
PAT Margin
6.58%
EBITDA Margin
16.40%
Price to Book Value
4
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 Metric
Pre IPO
Post IPO
EPS
₹8.00
₹5.99
P/E
12.38x
16.53x
Promoter Holding
86.21%
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
Company
EPS Basic
EPS Diluted
NAV
P/E
RoNW
Nitin Spinners Ltd
₹31.58
₹31.58
₹261.60
18.22x
12.77%
Sangam (India) Ltd
₹16.44
₹16.44
₹211.85
37.29x
8.02%
Vishal Fabrics Ltd
₹1.52
₹1.52
₹26.12
12.23x
6.33%
Sonaselection India Ltd
₹8.09
₹8.09
₹24.78
Subject to IPO
39.05%
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.
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: 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.