Sonaselection India IPO 2026: Date, Price Band, GMP and Details

Dates, price band, lot size, financials and full details of the Sonaselection India Limited IPO, sourced from the company's Red Herring Prospectus (RHP).

Sonaselection India IPO at a glance

Sonaselection India Limited is bringing a Book Built Mainboard IPO worth ₹141.57 crore. The issue is entirely a fresh issue of 1,43,00,000 shares, with no Offer for Sale (OFS). The IPO is open from 17 September to 21 September 2026 and is proposed to list on the BSE and the NSE.

Sonaselection India IPO Details

Sonaselection India IPO Timelines

Dates are tentative and may change.

Sonaselection India IPO GMP

GMP stands for Grey Market Premium. It is the extra amount some traders are willing to pay for IPO shares in an informal market before listing, on top of the issue price. This market runs outside the stock exchanges, so the figure is unregulated, unverified, and can move sharply within a single day. A high GMP does not confirm a listing gain, and a low one does not rule it out, because it tracks short-term sentiment rather than the worth of the business. A steadier read on the IPO comes from the company's financials, how it plans to use the money, its valuation, and the risk factors set out in the Red Herring Prospectus (RHP).

About Sonaselection India Limited

Incorporated in February 2022 in Bhilwara, Rajasthan, Sonaselection India Limited is a fabric manufacturing and processing company. It manufactures and processes value-added textile products, including cotton, cotton-lycra, and blended fabrics, at its manufacturing facility in Bhilwara, a region known as the "Textile City of Rajasthan." It operates an integrated business model that combines in-house manufacturing with job-work processing.

As of the date of the RHP, its manufacturing facility has an installed processing capacity of 82.44 million meters per annum. The company had earlier taken over the plant of Sona Processors India Limited through a slump sale, and Sionnah Enterprises Private Limited is its subsidiary. It operates from a single manufacturing facility.

The company's promoters are Harshil Nuwal, Subhash Chandra Nuwal, Uma Nuwal, Deepank Bhandari, and Sona Polyspin Private Limited.

What are the Key Strengths of Sonaselection India (as stated in the RHP)

• Strategically located manufacturing facility with modern technologies, in Bhilwara, the "Textile City of Rajasthan."
• Integrated business model combining in-house manufacturing with job-work processing.
• Strong, long-standing relationships with customers and a high retention rate.
• Experienced promoters supported by a professional management team with domain knowledge.
• Healthy track record and steady growth.

What the Money Will Be Used For

The IPO is entirely a fresh issue of ₹141.57 crore, with no Offer for Sale, so all the proceeds go to the company. It plans to use the money for the following:

What are the Company Financials of Sonaselection India

Restated consolidated figures, in ₹ crore.

2-Yr Compound Annual Growth Rate (CAGR) is calculated from FY 2024 to FY 2026. The sharp rise reflects the company taking over the Sona Processors India plant through a slump sale.

Who Can Apply

The offer is split across investor categories as follows:

How to Apply for the Sonaselection India IPO

You can apply online through your broker app or through your bank's net banking using the Application Supported by Blocked Amount (ASBA) facility.

1. Log in to your broker app or your bank's net banking.
2. Open the IPO section and select Sonaselection India IPO.
3. Enter the number of lots and your bid price, or select the cut-off price.
4. Enter your Unified Payments Interface (UPI) ID, or confirm your bank account for the ASBA route.
5. Submit the application form.
6. Approve the mandate request in your UPI app to block the funds until allotment.

How to Check Allotment Status

The basis of allotment is expected to be finalised on 22 September 2026. Once it is out, you can check your allotment status in three ways. You will need your PAN, application number, or DP/Client ID.

• On the registrar's website, KFin Technologies, at the IPO status page.
• On the BSE or NSE website under the IPO allotment section.
• Inside your broker app, under orders or IPO history.

Key Risk Factors

The RHP lists several risk factors. A few of the key ones are summarised below. Please read the full RHP for the complete list.

• The company operates from a single manufacturing facility located in Bhilwara, Rajasthan.
• It has experienced negative cash flows in the past.
• Its debt-to-equity ratio was 2.48, 2.96, and 3.72 times as of FY 2026, FY 2025, and FY 2024, indicating high leverage.
• It depends on a limited set of suppliers for the supply of its primary raw materials.
• It has significant working capital requirements.
• Its promoters have provided personal property and guarantees as collateral for the company's borrowings.
• One of its individual promoters was subject to disqualification and default for a period between November 2017 and December 2019.
• It is subject to stringent quality requirements from its buyers.
• There are outstanding legal proceedings involving the company, its subsidiary, promoters, and directors.
• It has contingent liabilities and commitments of ₹20.01 crore for FY 2026.

Frequently Asked Questions (FAQs)

1. When does the Sonaselection India IPO open and close?

The IPO opens on 17 September 2026 and closes on 21 September 2026.

2. What is the price band of the IPO?

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

3. What is the lot size?

One lot is 150 shares. Applications are made in multiples of 150 shares.

4. What is the minimum investment for retail investors?

The minimum investment is ₹14,850 at the upper price band (1 lot of 150 shares).

5. When is the allotment date?

The allotment is expected to be finalised on 22 September 2026, with shares credited to demat accounts by 23 September 2026.

6. When is the listing date?

The shares are proposed to be listed on the BSE and the NSE on 24 September 2026 (tentative).

7. What does Sonaselection India do?

It is a fabric manufacturing and processing company based in Bhilwara, Rajasthan, making value-added cotton, cotton-lycra, and blended fabrics.

8. What is the GMP of the Sonaselection India IPO?

GMP, or Grey Market Premium, is an informal pre-listing price that sits outside the stock exchanges and is neither regulated nor verified. It shifts with day-to-day sentiment and does not confirm how the shares will list. A more reliable picture comes from the company's financials, valuation, and the risks in the RHP.

9. Who is the registrar for the IPO?

KFin Technologies Limited is the registrar. Allotment status can be checked on its website.

Read the full Red Herring Prospectus (RHP): View the official RHP filed with SEBI and the exchanges.

Disclaimer: This page is for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any securities. All figures are sourced from the company's Red Herring Prospectus and public filings and may change. Investments in securities are subject to market risks. Please read all offer documents carefully and consult a registered financial advisor before making any investment decision.