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NSE, BSE
Sonaselection India Ltd
Listed
Bhilwara textile maker producing cotton, cotton-lycra and blended fabrics plus job-work processing.
Issue details
Price band
₹94 – ₹99
Face value
₹10
Lot size
150 shares
Minimum investment
₹14,850
Issue size
₹141.57 Cr
Fresh issue
₹141.57 Cr
Offer for sale
—
Issue type
Book Built
Exchange
NSE, BSE
Key dates
Opens
17 Sep 2026
Closes
21 Sep 2026
UPI mandate cut-off
5:00 PM on 21 Sep 2026
Allotment
22 Sep 2026
Refunds
23 Sep 2026
Shares in demat
23 Sep 2026
Listing
24 Sep 2026
Subscription and listing
Subscription
1.68x
Listing price
₹102.31
Registrar
KFin Technologies Ltd
Lead manager
Choice Capital Advisors Pvt Ltd
Subscription by category
Total
1.68x
Total applications
62,999
Anchor investors
Amount raised
₹42.47 Cr
Bid date
16 Sep 2026
50% lock-in ends
21 Oct 2026
Rest lock-in ends
20 Dec 2026
Listing day
Issue price
₹99
Open
₹102.31
High
₹107.42
Low
₹102.31
Day close
₹107.42
Listing gain at open
+3.34%
Issue structure
Shares reserved per category and share of the total issue
QIB
71,50,000
50.00%
Anchor Investor
42,90,000
30.00%
QIB (Ex. Anchor)
28,60,000
20.00%
NII
21,45,000
15.00%
bNII > ₹10L
14,30,000
10.00%
sNII < ₹10L
7,15,000
5.00%
Retail
50,05,000
35.00%
Total
1,43,00,000
100.00%
Finaccle’s quick read
Avoid
Income up 64% and PAT up 83% in FY26, but debt/equity of 2.48 and a PAT margin of 6.58% make leverage the dominant concern even after ₹80 Cr of debt repayment.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Sonaselection India makes and processes fabrics at a large integrated facility in Bhilwara, Rajasthan, with processing capacity of about 82 million metres a year. It moved from job-work processing to its own manufacturing after buying a processing unit in 2022, and sells cotton, cotton-lycra and blended fabrics to textile buyers. It has 979 employees and reported total income of ₹517.60 Cr in FY26.
Founded
Promoters
Products and segments
Promoter holding
Financial performance
Period
PAT
ROE
39.05%
ROCE
19.69%
Debt / equity
2.48
PAT margin
6.58%
P/E post issue
16.53
Market cap
₹562.60 Cr
Use of IPO money
Repayment/prepayment of borrowings
₹80.00 Cr
Capex for plant and machinery
₹50.61 Cr
General corporate purposes
₹0.03 Cr
Issue expenses
₹10.93 Cr
Strengths
✓
Rapid scale-up, with income growing more than fourfold in two years
✓
Large integrated processing capacity in the Bhilwara textile hub
✓
Mix of own manufacturing and job-work
✓
Entirely fresh issue, with ₹80 Cr going to cut debt
Risks to watch
!
Very high debt/equity of 2.48 with borrowings of ₹258.24 Cr
!
Thin PAT margin of 6.58%
!
Company incorporated only in 2022
!
Commodity textile business exposed to cotton price swings
!
Weak subscription of 1.68x
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.