What is the price band for Sonaselection India Limited IPO?

The price band for Sonaselection India Limited IPO is ₹94 to ₹99 per share.

What is the minimum investment for Sonaselection India Limited IPO?

The minimum retail investment for Sonaselection India Limited IPO is ₹14,850, which buys one lot of 150 shares at the upper price band of ₹99 per share.

What is the lot size for Sonaselection India Limited IPO?

The lot size for Sonaselection India Limited IPO is 150 shares. Retail investors must apply for at least one lot.

When does the Sonaselection India Limited IPO open and close for subscription?

The Sonaselection India Limited IPO subscription opens on 17 September 2026 and closes on 21 September 2026. Bidding window is 10:00 AM to 5:00 PM IST on each subscription day. Applications can be submitted through ASBA or UPI via registered brokers.

How many times was the Sonaselection India Limited IPO subscribed?

The Sonaselection India Limited IPO was subscribed 1.68× overall. This means total bids received were 1.68 times the number of shares available.

On which exchange is Sonaselection India Limited IPO listed?

Sonaselection India Limited is listed on BSE/NSE. After listing, shares can be bought and sold on the exchange through a regular demat and trading account.

Who is the book running lead manager (BRLM) for Sonaselection India Limited IPO?

The book running lead manager(s) for Sonaselection India Limited IPO is: Choice Capital Advisors Private Limited. The BRLM manages the IPO process, investor outreach, and anchor book building.

open · IPO · BSE/NSE · closes today

Sonaselection India Limited

Raising ₹99.10 Cr at ₹94 – ₹99 per share.

Subscription window 93%

1.68×

total subscription so far

Price band

₹94 – ₹99

Shares per lot

150

Retail minimum

₹14,850

Issue size

₹99.10 Cr

Face value

₹10

Company research

Tijori Finance

Sonaselection India Ltd., incorporated in February 2022, is an integrated fabric manufacturing and processing company engaged in producing 100% cotton, cotton lycra, cotton blends and polyester blends, along with processing cotton, P/V and polyester fabrics.

Financials — ₹ crore

Period	Revenue	PAT	Debt
Mar 2024	120.98 Cr	13.1 Cr	144.6 Cr
Mar 2025	315.95 Cr	18.56 Cr	207.4 Cr
Mar 2026	516.95 Cr	34.02 Cr	258.24 Cr

Revenue mix

Fabric manufacturing and processing

82%

Job Work

17%

Readymade Garment

1.2%

Peer comparison

Company Mkt cap Revenue P/E P/B

SONA 563 516 Cr 16.55 5.41

VISHAL 455 1,602 Cr 12.88 0.69

SANGAMIND 2,827 3,234 Cr 24.07 2.72

NITINSPIN 3,525 3,213 Cr 16.41 2.36

Subscription by investor category

as of As on 18-Sep-2026 17:00:02 IST

Total demand

— shares bid

0.43×

QIB — Qualified Institutional Buyers

0×

2,100 shares bid · 28,60,000 offered

QIB · Others

2,100

NII — Non-Institutional Investors

0.31×

6,68,550 shares bid · 21,45,000 offered

NII · Big (> ₹10 lakh)

0.27×

3,86,700 shares bid · 14,30,000 offered

NII · Small (≤ ₹10 lakh)

0.39×

2,81,850 shares bid · 7,15,000 offered

Retail Individual Investors

0.73×

36,43,500 shares bid · 50,05,000 offered

Bid book by price

cumulative NSE demand

₹99 68,25,150

₹98 68,26,350

₹97 68,28,300

₹96 68,31,000

₹95 68,38,950

₹94 68,73,000

Updated 18-Sep-2026 17:00:02. Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Parties to the issue

Book-running lead manager

Choice Capital Advisors Private Limited

Registrar

KFin Technologies Limited

Sponsor bank

Axis Bank Limited

Exchange filings

Fields captured from NSE and BSE

Issue information

Exchange note: *As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.
Symbol: SONA
Issue Period: 17-Sep-2026 to 21-Sep-2026
Cut-off time for UPI Mandate Confirmation: 21-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Issue Size: Initial Public offer comprising of Fresh issue of up to 14,300,000 Equity Shares (including Anchor Investor portion of 4,290,000 Equity Shares)
Issue Type: Book Building
Price Range: Rs. 94 to Rs. 99 per Equity Share
Discount: NA
Face Value: Rs. 10 per Equity Share
Tick Size: Re. 1
Bid Lot: 150 Equity Shares and in multiples thereof
Minimum Order Quantity: 150 Equity Shares
Maximum Subscription Amount for Retail Investor: Rs. 2,00,000
Maximum Bid Quantity for QIB Investors: 1,00,09,950 Equity Shares in multiple of 150 Equity Shares
Maximum Bid Quantity for NIB Investors: 71,49,900 Equity Shares in multiple of 150 Equity Shares
IPO Market Timings: 10.00 a.m. to 5.00 p.m.
Book Running Lead Managers: Choice Capital Advisors Private Limited
Sponsor Bank: Axis Bank Limited
Categories: FI, IC, MF, FII, OTH, CO, IND, and NOH
Sub-Categories applicable for UPI: IND (upto 5 Lakhs)
Name of the Registrar: KFin Technologies Limited
Address of the Registrar: 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai 400070, Maharashtra
Contact person name number and Email id: M. Murali Krishna, +91 40 6716 2222, sona.ipo@kfintech.com
e-form link: https://bidcollection.nseindia.com/asba
Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form: Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form
Ratios / Basis of Issue Price: https://nsearchives.nseindia.com/content/ipo/RATIOS_SONA.zip
Red Herring Prospectus: https://nsearchives.nseindia.com/content/ipo/RHP_SONA.zip
Bidding Centers: https://nsearchives.nseindia.com/content/ipo/BIDDING_CENTERS_SONA.zip
Sample Application Forms: https://nsearchives.nseindia.com/content/ipo/FORMS_SONA.zip
Security Parameters (Pre Anchor): https://nsearchives.nseindia.com/content/ipo/PREANCHOR_PARAMETERS_SONA.zip
Security Parameters (Post Anchor): https://nsearchives.nseindia.com/content/ipo/POSTANCHOR_PARAMETERS_SONA.zip
Anchor Allocation Report: https://nsearchives.nseindia.com/content/ipo/ANCHOR_SONA.zip
Processing of ASBA Applications: Processing of ASBA Applications
Remark: The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only.
List of mobile applications accepting UPI as Payment Option: List of mobile applications accepting UPI as Payment Option
Video link for UPI based ASBA process: Video link for UPI based ASBA process
Video link for BHIM UPI Registration: Video link for BHIM UPI Registration

Documents

Data sources: BSE , BSE , BSE , BSE , BSE , BSE , NSE , NSE , NSE , NSE , NSE , NSE . Data quality clean.