eyepio

Sonaselection India IPO

Sonaselection India Limited · Textile Processing

ListedMainboardNSEBSEBook builtFresh issue only
Issue price
₹99per share
Issue size
₹141.57 Cr1,43,00,000 shares
Face value
₹10per equity share
Lot size
150 sharesMin. ₹14,850 at the upper price
  1. Anchor bidding
    Wed, 2026
  2. Opens
    Thu, 2026
  3. Closes
    Mon, 2026
  4. Allotment
    Tue, 2026
  5. Listing
    Thu, 2026

Dates marked in the offer document as tentative. Times in IST.

Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.

Issue details

Issue type
Book built, fresh issue
Fresh issue
1,43,00,000 shares (₹141.57 Cr)
Offer for sale
None
Total issue
1,43,00,000 shares (₹141.57 Cr)
Face value
₹10
Listing at
NSE, BSE

Source: ProspectusUpdated

Reservation

Share of the total issue
  • Retail35.0%
  • Anchor30.0%
  • QIB ex-anchor20.0%
  • Big NII10.0%
  • Small NII5.0%
CategorySharesOf net offerStated in RHP
Retail individual investors50,05,00035.00%35%
Non-institutional investors (NII)21,45,00015.00%15%
Small NII (₹2–10 lakh)7,15,0005.00%—
Big NII (above ₹10 lakh)14,30,00010.00%—
Qualified institutional buyers (QIB)71,50,00050.00%50%
QIB, excluding anchor28,60,00020.00%—
Anchor investors42,90,00030.00%—

Source: ProspectusUpdated

Lot size

Amounts at ₹99 per share
CategoryLotsSharesAmount
Retail individual investors1150₹14,850

Source: ProspectusUpdated

Subscription

Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.

Valuation

Fiscal 2026, pre-issue
EPS (basic)
₹8.09
EPS (diluted)
₹8.09
EPS (basic) (Weighted average)
₹6.11
P/E (Fiscal 2026 at lower end of price band)
11.62×
P/E (Fiscal 2026 at higher end of price band)
12.24×
RoNW
39.05%
ROCE
19.69%
NAV per share (As at March 31, 2026)
₹24.78
NAV per share (At floor price)
₹42.35
NAV per share (At cap price)
₹43.62
Debt to equity
2.48
EBITDA margin
16.40%
PAT margin
6.58%

Source: ProspectusUpdated

Financials

Consolidated, restated · ₹ crore
RevenueProfit after tax
Period ended31 Mar 202612 months31 Mar 202512 months31 Mar 202412 months
Revenue from operations516.95315.95120.98
Total income517.60316.47121.31
EBITDA84.7758.1228.49
Profit after tax34.0218.5613.10
Net worth104.1670.0738.88
Reserves and surplus61.6354.2035.78
Total assets474.99374.77203.50

12 months vs 12 months: revenue +63.6%, profit after tax +83.3%.

Source: ProspectusUpdated

About the company

The company runs an integrated fabric manufacturing and processing business from its facility in Bhilwara, Rajasthan, turning greige fabric into finished textiles. It also provides job-work processing for third-party customers and makes cotton, cotton-blend and polyester fabrics. It has recently added a readymade garments segment through a subsidiary.

Incorporated
2022
Industry
Textile Processing
CIN
U17299RJ2022PLC079631

Source: ProspectusUpdated

Promoters and shareholders

NameBefore issueAfter issue
Promoters (collectively)86.21%—

Source: ProspectusUpdated

Objects of the issue

₹ crore
PurposeAmount
Repayment or prepayment of certain bank borrowings80.00
Capital expenditure on plant and machinery at the existing facility50.61
General corporate purposes0.03

Source: ProspectusUpdated

Peer comparison

As listed in the offer document
CompanyEPSP/ERoNWNAV per share
Sonaselection India LimitedIssuer₹8.0912.24×39.05%₹24.78
Vishal Fabrics Limited₹1.5212.23×6.33%₹26.12
Sangam (India) Limited₹16.4437.29×8.02%₹211.85
Nitin Spinners Limited₹31.5818.22×12.77%₹261.6

Source: ProspectusUpdated

Strengths and risks

Our summary of what the offer document states

Strengths

  • Manufacturing facility in Bhilwara, a textile hub, with installed capacity of 82.44 million meters per annum.
  • Integrated model combining in-house manufacturing with job-work processing.
  • Revenue from operations rose from ₹1,209.79 million in Fiscal 2024 to ₹5,169.49 million in Fiscal 2026.
  • Promoters have long textile industry experience and are supported by a professional management team.
  • Certifications include OEKO-TEX, GOTS and GRS standards.

Risks

  • A large share of revenue and procurement comes from Rajasthan, creating geographic concentration.
  • Borrowings are high relative to equity, with a debt-equity ratio of 2.48 times in Fiscal 2026.
  • Use of proceeds, including the funding requirements, has not been appraised by any bank or independent agency.
  • Promoters hold about 86.21% of the pre-issue capital and will retain significant control after the Issue.
  • The company has limited export presence, with exports only commenced in Fiscal 2026.

Source: ProspectusUpdated

Contacts

Lead manager
Choice Capital Advisors Private Limited
SEBI INM000011872
Company
Sonaselection India Limited
cs@sonaselection.com
+91 1482-286043

Source: ProspectusUpdated

Allotment status

Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.

Allotment
Refunds
Demat credit
Listing

Source: ProspectusUpdated

After listing

Listing price, day-one high and low, and the change from the issue price (₹99) appear here after the shares list on NSE and BSE.

Work out the gain or loss on allotted shares after charges and tax →

Frequently asked questions

When does the Sonaselection India IPO open and close?

According to the Prospectus, the issue opens on Thursday, 17 September 2026 and closes on Monday, 21 September 2026.

What is the Sonaselection India IPO price band?

The final issue price is ₹99 per share.

What is the lot size of the Sonaselection India IPO?

One lot is 150 shares, which is ₹14,850 at ₹99 per share.

Where will Sonaselection India shares list?

On NSE and BSE. The tentative listing date is Thursday, 24 September 2026.

Who is the registrar of the issue?

KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.

How do I check the Sonaselection India IPO allotment status?

The basis of allotment is expected to be finalised on Tuesday, 22 September 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.

How will the money raised be used?

₹80 Cr for repayment or prepayment of certain bank borrowings, ₹50.61 Cr for capital expenditure on plant and machinery at the existing facility, ₹2.6 L for general corporate purposes.

Spotted something wrong?

Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.