Sonaselection India IPO Details
Sonaselection India IPO Summary
Sonaselection India IPO opens for subscription on 17 Sep 2026 and closes on 21 Sep 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 24 Sep 2026.
Sonaselection India IPO price band has been fixed at ₹94 – ₹99 per share. The face value is ₹10 per share with a lot size of 150.
Sonaselection India IPO total issue size comprises 1,43,00,000 shares (aggregating up to ₹141.57 Cr). This includes a fresh issue of 1,43,00,000 shares (aggregating up to ₹141.57 Cr). Pre-issue shareholding stands at 4,25,28,681, which will increase to 5,68,28,681 post-issue.
Sonaselection India IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Sonaselection India IPO Lot Size :Retail Minimum is 1 lot (150 shares) amounting to ₹14,850. Retail Maximum is 13 lots (1,950 shares) amounting to ₹1,93,050. SHNI Minimum is 14 lots (2,100 shares) amounting to ₹2,07,900. SHNI Maximum is 67 lots (10,050 shares) amounting to ₹9,94,950. BHNI Minimum is 68 lots (10,200 shares) amounting to ₹10,09,800.
Sonaselection India IPO Details
Sonaselection India IPO Subscription
Sonaselection India IPO Application Wise Breakup (Approx)
Sonaselection India IPO Dates
- 17 Sep 2026Opening dateOpen
- 21 Sep 2026Closing dateClose
- 22 Sep 2026Allotment Date Allotment
- 23 Sep 2026Initiation of RefundsRefund
- 23 Sep 2026Credit of SharesCredit
- 24 Sep 2026Listing dateListing
Sonaselection India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 150 | ₹14,850 |
| Retail Maximum | 13 | 1950 | ₹1,93,050 |
| SHNI Minimum | 14 | 2100 | ₹2,07,900 |
| SHNI Maximum | 67 | 10050 | ₹9,94,950 |
| BHNI Minimum | 68 | 10200 | ₹10,09,800 |
Sonaselection India IPO Reservation
Promoter Holding
Documents
Sonaselection India IPO Valuations
Sonaselection India Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 474.99 | 374.77 | 203.50 |
| Total Income | 517.60 | 316.47 | 121.31 |
| Profit After Tax | 34.02 | 18.56 | 13.10 |
| EBITDA | 84.77 | 58.12 | 28.49 |
| NET Worth | 104.16 | 70.07 | 38.88 |
| Reserves and Surplus | 61.63 | 47.10 | 35.78 |
| Total Borrowing | 258.24 | 207.40 | 144.60 |
| Amount in ₹ Crore | |||
About Sonaselection India IPO
Incorporated in February 2022, the Company is an integrated fabric manufacturing and processing company engaged in the production of value-added textile products. It manufactures 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends and polyester blends, and also undertakes processing of 100% cotton, cotton blends, polyester-viscose (P/V) and polyester fabrics. The Company transitioned from a job-work based processing model to a manufacturing-led model after acquiring an established textile processing unit in 2022 and subsequently commissioned a cotton fabric processing plant in July 2024.
The Company's manufacturing facility is located in Bhilwara, Rajasthan, spread across approximately 49,540 sq. metres, with an installed processing capacity of 82.44 million metres per annum. The facility is equipped with modern textile processing machinery and undertakes key processes including bleaching, dyeing and finishing. The Company follows an integrated operating model combining own manufacturing and job-work processing, enabling it to manage processing activities, quality control, grading, packing and outbound logistics while serving customers according to their technical and product specifications.
The Company's product portfolio primarily comprises 100% cotton fabrics, cotton lycra (stretch) fabrics, cotton blends and polyester blends, catering to varied apparel and textile applications. It also undertakes processing of greige fabric supplied by customers on a job-work basis. Through its diversified product portfolio, modern manufacturing infrastructure and quality-focused processes, the Company aims to provide consistent quality, cost-efficient solutions and timely deliveries to its customers.
As of July 31, 2026, the Company had 979 employees, including personnel across production, plant maintenance, dispatch and supply chain, quality assurance, safety and security, accounts and finance, sales and marketing, and other support functions.
Strength Of Sonaselection India IPO
- Strategically located Manufacturing Facility with modern technologies to support our product portfolio.
- Integrated business model combining manufacturing and job work activities.
- Strong standing relationships with customers with high retention rate.
- Experienced Promoters supported by a professional management team with domain knowledge.
- Healthy Track Record and Steady Growth.
Risk Of Sonaselection India IPO
- Our Manufacturing Facility and Registered Office are located in Rajasthan, and a significant portion of our revenue amounting to Rs.1,928.80 million, Rs.1,594.57 million and Rs.1,153.06 million constituting 37.31%, 50.47% and 95.31% of our total revenue from operations for Fiscal 2026, Fiscal 2025 and Fiscal 2024 respectively is also derived from this state. Further, our procurement from Rajasthan amounted to Rs.3,448.05 million, Rs.2,587.97 million and Rs.505.83 million constituting 96.01%, 98.36% and 96.26% of purchases for the Fiscal 2026, Fiscal 2025 and Fiscal 2024. As a result, we are exposed to geographic concentration risks that may adversely affect our operations, financial condition, and results of operations.
- Our Company currently carries out its business operations from a single manufacturing facility located at Bhilwara, Rajasthan. Any slowdown or shutdown of our manufacturing operations at our Manufacturing Facility could have an adverse effect on our business, financial condition and results of operations.
- We have experienced negative cash flows in the past, and any significant negative cash flows, if occurs, may adversely affect our business, financial condition and growth prospects.
- There are outstanding litigations involving our Company, Subsidiary, Promoters, Directors, KMPs and SMPs. An adverse outcome in any of these proceedings may affect our reputation and standing and impact our future business and could have a material adverse effect on our business, financial condition, cash flows and results of operations.
- Our Promoters have sold a portion of their shareholding in our Company subsequent to the filing of the Draft Red Herring Prospectus, and any further sale or disinvestment of Equity Shares by our Promoters may adversely affect the market price and liquidity of our Equity Shares.
- Our Promoters have provided personal property and guarantee as collateral for borrowings availed by the Company.
- We enter into certain related party transactions in the ordinary course of our business and we cannot assure you that such transactions will not adversely affect our business, results of operations, profitability and margins, cash flows and financial condition
- In the past our individual Promoter Deepank Bhandari was subject to disqualification and default for the period commencing from November 01, 2017, till December 1, 2019. He was also associated with entities that have been struck off, which may pose compliance risk and could subject us to adverse regulatory perceptions.
- Our debt-equity ratio as at Fiscals 2026, 2025 and 2024 was 2.48, 2.96 and 3.72 times, respectively. Our high debt-equity ratio may adversely affect our financial condition and results of operations.
- There have been instances of irregularities, discrepancies in filings with the Registrar of Companies and other non-compliances under the Companies Act in the past, which may result in penalties and adverse consequences.
Objectives Sonaselection India IPO
1. Repayment and/or pre-payment, in full or part, of certain borrowings
2. Funding of capital expenditure towards purchase of plant and machineries
3. General Corporate Purposes
Company Contact Details
Sonaselection India Ltd. Address
18th K M Stone, Chittorgarh Road
Hamirgarh Bhilwara, Rajasthan, 311025
Phone: +91 8386090831
Email: cs@sonaselection.com
Website: https://www.sonaselection.com/
Registrar Contact Details
Sonaselection India FAQs
The Sonaselection India IPO is a MAINBOARD public issue comprising 14300000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹141.57 Cr. The issue price has been fixed at ₹99 per equity share, and the minimum application size is 150 shares.
The IPO opens for subscription on 17 Sep 2026, and closes on 21 Sep 2026.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹0 (0%).
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