Sonaselection India Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹94 - ₹99
- Lot size
- 150 shares
- Issue amount
- ₹141.57 cr
- Total subscription
- 2.01×
- Opens
- 17 Sept 2026
- Closes
- 21 Sept 2026
- Allotment
- 22 Sept 2026
- Listing
- 24 Sept 2026
Offer at a glance
Issue overview
- Issue size
- 1,43,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,100
- Fresh issue
- ₹141.57 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,850
- Issue type
- Bookbuilding IPO
- Shares before issue
- 4,25,28,681
- Shares after issue
- 5,68,28,681
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 150 | ₹14,850 |
| sHNI | 14 | 2,100 | ₹2,07,900 |
| bHNI | 68 | 10,200 | ₹10,09,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 21 Sept 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 33,367 | 64,022 |
| HNIs(10L +) | 681 | 159 |
| HNIs (2-10L) | 340 | 539 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 28.31 | 32.93 |
| FIIs | 0 | 25.5 |
| Others | 0 | 7.42 |
| RETAIL | 49.55 | 124.09 |
| NIB | 21.24 | 42.37 |
| HNIs 2+ | 7.08 | 13.88 |
| HNIs 10+ | 14.16 | 28.5 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 8.09 | 4.57 | 3.25 |
| ROE | 0 | 0 | 0 |
| ROCE | 19.69 | 16.97 | 16.18 |
| RONW | 39.05 | 34.08 | 40.46 |
| PRE IPO(PE) | 12.38 | 0 | 0 |
| POST IPO(PE) | 16.53 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Vishal Fabrics Limited | 12.23 | 0 | 5.00 | 26.12 | 6.33 | 1.52 |
| Sangam (India) Limited | 37.29 | 0 | 10.00 | 211.85 | 8.02 | 16.44 |
| Nitin Spinners Limited | 18.22 | 0 | 10.00 | 261.60 | 12.77 | 31.58 |
| Sonaselection India Limited | 12.38 | 0 | 10 | 24.78 | 39.05 | 8.09 |
Company information
Company profile
Founded in February 2022, Sonaselection India Limited is a fabric manufacturing and processing company that focuses on producing value-added textile products. It mainly deals in different types of fabrics such as 100% cotton, cotton lycra (stretch), cotton blends, and polyester blends, along with processing fabrics like cotton, polyester-viscose, and polyester. The company converts raw textiles into finished, high-quality fabrics and offers a wide range of products while maintaining consistent quality and encouraging innovation in fabric development. This helps them provide reliable, cost-effective, and timely solutions, making them a preferred choice for many brands. With a flexible workforce model, the company efficiently manages production based on demand while keeping costs under control without affecting quality or delivery timelines. As of October 31, 2025, the company had 844 employees.
Strengths
- Strategic Manufacturing Location: The company’s manufacturing facility is located in Bhilwara, Rajasthan, a major textile hub with 400+ spinning, weaving and dyeing units. This provides easy access to suppliers, skilled workers and supporting services.
- Integrated Manufacturing & Job-Work Model: The company combines in-house manufacturing with job-work processing, giving it greater flexibility, better quality control and improved capacity utilisation. It started operations by acquiring an established textile processing unit.
- Strong Customer Relationships & High Retention: The company has built strong customer relationships through reliable service and consistent quality. Its customised fabrics meet specific customer requirements for quality, quantity and delivery, supporting repeat business and high customer retention.
Risk factors
- Dependence on Single Manufacturing Facility: The company operates from one facility in Bhilwara, Rajasthan. Any equipment failure, accident, labour issue, fire, power disruption or natural disaster could interrupt production and affect business and financial performance.
- Outstanding Legal Proceedings: The company and certain group entities and key personnel are involved in tax, civil and criminal proceedings. Unfavourable outcomes could lead to additional taxes, interest or penalties and may affect the company’s reputation, cash flow and financial condition.
- Dependence on Promoters’ Personal Collateral: Certain borrowings are backed by personal assets and guarantees provided by the promoters and promoter group. Any issue affecting these personal guarantees or assets could impact the company’s ability to maintain its existing credit facilities.
Promoters
Harshil Nuwal
Subhash Chandra Nuwal
Uma Nuwal
Deepank Bhandari
Sona Polyspin Private Limited
Registrar & documents
Lead manager
Choice Capital Advisors Private Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara, Rajasthan, 311025
+91 8386090831
[email protected]Company website ↗Understanding SONA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.