Sonaselection India
LISTEDIPO Date: 17 Sept - 21 Sept 2026
Listing Date: 24 Sept 2026
Price Range
₹94 to ₹99
Issue Size
142 Cr
Min Investment
₹14,100
Min Application
150 Shares
Schedule of Sonaselection India
Issue open date
17 Sept 2026
Issue close date
21 Sept 2026
UPI mandate deadline
21 Sept 2026 (5 PM)
Allotment finalization
22 Sept 2026
Share credit
23 Sept 2026
Listing date
24 Sept 2026
Mandate end date
6 Oct 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 142 Cr |
| Fresh Issue | 1.43 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 22 Sept 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 24 Sept 2026Latest | ₹99 | ₹0 | ₹99(0%) |
| 23 Sept 2026 | ₹99 | ₹0 | ₹99(0%) |
| 22 Sept 2026 | ₹99 | ₹0 | ₹99(0%) |
| 21 Sept 2026 | ₹99 | ₹0 | ₹99(0%) |
| 20 Sept 2026 | ₹99 | ₹0 | ₹99(0%) |
| 19 Sept 2026 | ₹99 | ₹2 | ₹101(+2.02%) |
| 18 Sept 2026 | ₹99 | ₹0 | ₹99(0%) |
| 17 Sept 2026 | ₹99 | ₹2 | ₹101(+2.02%) |
| 16 Sept 2026 | ₹99 | ₹7 | ₹106(+7.07%) |
| 15 Sept 2026 | ₹99 | ₹8 | ₹107(+8.08%) |
| 14 Sept 2026 | ₹99 | ₹0 | ₹99(0%) |
Performance Sonaselection India
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹94 to ₹99 | ₹ 102 (3.34%) | ₹ 99.19 | 0.19% |
About Sonaselection India
Sonaselection India Limited is a textile manufacturing and processing company based in Bhilwara, Rajasthan, primarily engaged in converting grey fabrics into finished fabrics. Its product portfolio includes cotton, cotton-lycra and cotton/polyester blended fabrics, catering to textile traders and garment brands. The company operates an integrated processing facility covering activities such as singeing, bleaching, dyeing, peaching and finishing, while also undertaking job-work processing. In FY2025, the company expanded into direct manufacturing and sale of its own fabrics after commissioning its advanced fabric-processing plant, increasing its value addition across the textile chain.
| Founded in | 2022 |
| Managing director | Harshil Nuwal |
| Parent organization |
Financial Overview
Strengths
4- 1
Integrated textile processing. The company has capabilities across multiple stages including dyeing, bleaching, finishing and other fabric-processing activities, allowing greater control over product quality and value addition.
- 2
Capacity expansion. Its new processing plant increased processing capacity substantially, with the company reporting capacity of 68.70 lakh metres per month in FY2025 compared with 45 lakh metres previously.
- 3
Shift toward own-fabric sales. Moving from primarily job-work processing to manufacturing and directly selling its own finished fabrics can provide greater control over pricing, product mix and margins.
- 4
Experienced promoter group. The business is managed by the Nuwal family, which has experience in textile manufacturing and related businesses in the Bhilwara textile cluster.
Risks
4- 1
Textile industry cyclicality. Demand and profitability can be affected by changes in apparel demand, fashion trends, export conditions and broader economic cycles.
- 2
Raw-material and input-cost risk. Fluctuations in cotton, polyester, dyes, chemicals and energy costs can put pressure on manufacturing margins.
- 3
Working-capital requirement. Fabric manufacturing requires significant inventory and receivables, and a prolonged working-capital cycle could put pressure on liquidity. CRISIL specifically identifies a sizeable stretch in the working-capital cycle as a potential downside factor.
- 4
Capacity-utilisation risk. The company has made significant investments in expanded processing capacity; weaker-than-expected demand or lower utilisation could affect fixed-cost absorption and profitability.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.16 |
| Non-Institutional Investors (NIIs) | 2 |
| Retail Individual Investors (RIIs) | 2.5 |
| Employee | N/A |
| Total | 2.01 |