About Sonaselection India Ltd IPO
Sonaselection India Limited’s IPO is a mainboard public issue comprising a fresh issue of up to ?141.57 crore, with no Offer for Sale by the existing shareholders. The Equity Shares are proposed to be listed on the BSE and NSE, with Choice Capital Advisors Private Limited acting as the Book Running Lead Manager and KFin Technologies Limited as the registrar.
The Company is promoted by Harshil Nuwal, Subhash Chandra Nuwal, Uma Nuwal, Deepank Bhandari and Sona Polyspin Private Limited.
The proceeds from the fresh issue are proposed to be utilised towards repayment and/or pre-payment of certain borrowings, funding capital expenditure towards the purchase of plant and machinery at the Company’s existing manufacturing facility and general corporate purposes.
About Sonaselection India Ltd.
Incorporated in 2022, Sonaselection India Limited is engaged in the manufacturing and processing of fabrics, with a focus on value-added textile products. Its product portfolio includes 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends and polyester blends, along with processed cotton, cotton blend, polyester-viscose (P/V) and polyester fabrics. It initially operated as a processing unit undertaking job-work activities and subsequently transitioned towards a manufacturing-led model with the establishment of its cotton fabric processing plant in July 2024.
The Company has developed its operations in Bhilwara, Rajasthan, into a manufacturing and processing setup with an annual processing capacity of 82.44 million metres. Its operations cover key stages such as bleaching, dyeing, finishing and fabric grading. The Company also manages key activities such as technical processing, grading, packing and outbound logistics in-house.
In addition to its fabric manufacturing and processing operations, the Company expanded into the readymade garments (RMG) segment through its subsidiary incorporated in July 2025, with a focus on menswear across age groups.
The Company caters to both domestic and export markets, with a majority of its revenue derived from domestic operations. Its manufacturing operations are supported by quality certifications and sustainability initiatives, including rooftop solar power generation and a zero-liquid discharge effluent treatment plant.
Sonaselection India Limited’s IPO is a mainboard public issue comprising a fresh issue of up to ?141.57 crore, with no Offer for Sale by the existing shareholders. The Equity Shares are proposed to be listed on the BSE and NSE, with Choice Capital Advisors Private Limited acting as the Book Running Lead Manager and KFin Technologies Limited as the registrar. The Company is prom
Sonaselection India IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 71,50,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 21,45,000 crores |
| Retail Individual Investors (RIIs) | 35% | 50,05,000 crores |
Sonaselection India IPO Strengths & Weaknesses
Presence in Bhilwara, Rajasthan, an established textile hub with access to suppliers, skilled manpower and ancillary services.
Combination of in-house manufacturing and job-work processing provides operational flexibility.
Customer base increased from 191 in Fiscal 2024 to 909 in Fiscal 2026, with 132 customers maintaining relationships for at least three reporting periods.
Experienced promoters bringing significant textile industry experience.
Revenue, EBITDA and profitability grew at CAGRs of 106.71%, 72.51% and 61.19%, respectively, between Fiscal 2024 and Fiscal 2026.
Dependence on a single manufacturing facility means any disruption, shutdown or slowdown at the Bhilwara facility could interrupt production and adversely affect the Company’s business and financial performance.
The Company has reported negative cash flows in the past, and continued or significant negative cash flows could affect its financial position and growth.
Pending litigations involving the Company, its Subsidiary, Promoters, Directors and certain key personnel could result in adverse outcomes, potentially affecting its reputation, business and financial performance.
The Promoters have sold a portion of their shareholding after the filing of the DRHP, and any further sale or disinvestment of Equity Shares by them could adversely affect the market price and liquidity of the Equity Shares.
Sonaselection India IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 22 Sep '26 | 24 Sep '26 | 23 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 1,43,00,000 shares (aggregating up to ₹14,850 crores) |
| Fresh Issue | 14,30,000 shares (aggregating up to ₹1,43,00,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Sonaselection India IPO Lot Size and Investment Details
| Minimum Lot Size | 150 shares |
| Maximum Lot Size (Retail) | 4,950 shares |
The lot size of Sonaselection India ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Sonaselection India IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Sonaselection India IPO Contact & Registrar Details
Contact Details
Address
18th Km Stone Chittorgarh Road Hamirgarh Bhilwara
Phone Number
Registrar Details
Registrar Name
Kfin Technologies Ltd
Phone Number
Sonaselection India Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Choice Capital Advisors Pvt.Ltd. |
