Sonaselection India shares list at 3% premium over IPO price

Shares of Sonaselection India made their D-Street debut on Thursday, listing at a modest premium of 3%. The stock opened at Rs 102.31 apiece on the NSE, up 3.34% from the issue price of Rs 99.

On BSE, Sonaselection shares listed at Rs 102, marking a 3.03% premium over the IPO price.

The Rs 141.57-crore IPO was offered in the price band of Rs 94–99 per share and comprised entirely a fresh issue of 1.43 crore equity shares, with no offer-for-sale (OFS) component.


The issue opened for subscription on September 17, 2026, and closed on September 21, 2026, garnering an overall subscription of 2.01 times. The retail investor portion was subscribed 2.50 times, while the non-institutional investor (NII) category saw 2 times subscription and the qualified institutional buyer (QIB) portion was subscribed 1.16 times.

The company’s shares are scheduled to list on both the BSE and NSE on September 24, 2026.

Choice Capital Advisors Pvt. Ltd. is the book-running lead manager for the issue, while KFin Technologies Ltd. is the registrar to the issue.

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Sonaselection India IPO: Objects of the Issue

The Company proposes to utilise the Net Proceeds of the Issue primarily towards repayment and/or pre-payment, in full or part, of certain borrowings, amounting to Rs 80 crore. This is intended to strengthen the Company’s financial position and reduce its debt obligations.

Further, Rs 50.61 crore will be utilised to fund capital expenditure for the purchase of plant and machinery at the Company’s existing Manufacturing Facility located at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara, Rajasthan. The remaining proceeds will be used for general corporate purposes, with the total Issue size amounting to Rs 130.61 crore.

Financial Performance

Sonaselection India Ltd. reported a strong financial performance in FY26, with total income increasing by 64% to Rs 517.60 crore from Rs 316.47 crore in FY25. Profitability also improved significantly, with Profit After Tax (PAT) rising 83% to Rs 34.02 crore in FY26, compared with Rs 18.56 crore in FY25. This reflects a notable improvement in the Company’s overall earnings performance.

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About Sonaselection India

Incorporated in February 2022, Sonaselection India Ltd. is an integrated textile manufacturing and processing company producing value-added fabrics. Its product portfolio includes 100% cotton, cotton lycra (stretch), cotton blends and polyester blends, along with processing of cotton, polyester-viscose (P/V) and polyester fabrics. The Company transitioned from a job-work processing model to a manufacturing-led model after acquiring a textile processing unit in 2022 and commissioning a cotton fabric processing plant in July 2024.

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Located in Bhilwara, Rajasthan, the manufacturing facility spans approximately 49,540 sq. metres and has an installed processing capacity of 82.44 million metres per annum. Equipped with modern machinery, the facility undertakes bleaching, dyeing and finishing processes. With an integrated manufacturing and job-work model, the Company focuses on quality control, efficient processing and timely delivery, catering to diverse apparel and textile applications.

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