Sonaselection India Shares List at ₹102 on NSE, Up 3.03% From IPO Price

Sonaselection India Limited made its stock market debut on September 24, 2026, with its shares listing at ₹102 apiece on the NSE against the IPO issue price of ₹99 per share.

The ₹102 opening translated into a listing premium of 3.03%, or a gain of ₹3 per share over the issue price.

The debut followed Sonaselection India’s ₹141.57 crore mainboard IPO, which was open for subscription from September 17 to September 21, 2026. The public issue was subscribed 2.01 times overall by the end of the bidding period.

Sonaselection India IPO Listing Details

Sonaselection India launched its ₹141.57 crore IPO as an entirely fresh issue of 1.43 crore equity shares.

The IPO opened for bidding on September 17 and closed on September 21, 2026. The price band was fixed at ₹94 to ₹99 per share, with the final issue price set at ₹99 per share.

The issue received an overall subscription of 2.01 times. The Retail Individual Investor portion recorded the highest subscription at 2.50 times, followed by the NII category at 1.99 times and the QIB portion at 1.16 times.

Sonaselection India subsequently made its market debut on September 24, 2026, with the shares opening at ₹102 on the NSE.

Compared with the IPO issue price of ₹99, the NSE listing price represented a premium of 3.03%.

• Issue Price: ₹99 per share
• NSE Listing Price: ₹102 per share
• Listing Premium: 3.03%
• Price Band: ₹94 to ₹99 per share
• IPO Size: ₹141.57 crore
• Issue Type: Fresh Issue
• Total Shares Offered: 1.43 crore shares
• Overall Subscription: 2.01 times
• QIB Subscription: 1.16 times
• NII Subscription: 1.99 times
• Retail Subscription: 2.50 times
• Lot Size: 150 shares
• Minimum Retail Investment: ₹14,850
• IPO Open Date: September 17, 2026
• IPO Close Date: September 21, 2026
• Listing Date: September 24, 2026
• Exchanges: BSE and NSE

First-Day Trading Performance

Listing Price: Sonaselection India share price opened at ₹102 per share on the NSE on September 24, 2026, compared with its IPO issue price of ₹99.

The opening price represented a gain of ₹3 per share, translating into a listing premium of 3.03%.

The market debut came after the company’s ₹141.57 crore IPO received bids for 2.01 times the shares available for subscription. Retail investors recorded the highest participation among the investor categories, with their portion subscribed 2.50 times.

At its NSE opening price, Sonaselection India entered the secondary market modestly above the price paid by IPO investors.

Growth Drivers and Challenges

Growth Drivers

Integrated Textile Operations: Sonaselection India is an integrated fabric manufacturing and processing company involved in producing value-added textile products.

Diversified Fabric Portfolio: Its product portfolio includes 100% cotton fabric, cotton lycra or stretch fabric, cotton blends and polyester blends. The company also processes cotton, cotton blends, polyester-viscose and polyester fabrics.

Large Processing Capacity: The company operates a manufacturing facility in Bhilwara, Rajasthan, spread across approximately 49,540 square metres, with an installed processing capacity of 82.44 million metres per annum.

Expansion Into Manufacturing: Sonaselection initially focused largely on textile processing and job-work activities before expanding into manufacturing and direct sales of finished fabrics. Its expanded cotton fabric processing plant became operational in July 2024.

Readymade Garments Presence: The company has also entered the readymade garments segment through its subsidiary, adding another business vertical to its textile operations.

Challenges

Textile Industry Cyclicality: The company's performance can be affected by changes in demand across the textile and apparel industries.

Raw Material Exposure: Fluctuations in the prices and availability of cotton, polyester and other textile inputs may affect manufacturing costs and margins.

Working Capital Requirements: Textile manufacturing and processing operations can require significant working capital to support raw material procurement, inventory and receivables.

Capacity Utilisation: With expanded manufacturing and processing capabilities, the company's performance will also depend on its ability to effectively utilise its installed capacity.

IPO Subscription and Investor Allocation

Sonaselection India’s IPO received an overall subscription of 2.01 times by the end of the bidding period on September 21, 2026.

Investors submitted bids for approximately 2.01 crore shares against 1.00 crore shares available for subscription, excluding the anchor allocation.

Retail investors recorded the highest subscription among the categories at 2.50 times. The NII portion was subscribed 1.99 times, while the QIB category was subscribed 1.16 times.

The key subscription figures were:

• Overall Subscription: 2.01 times
• Retail Subscription: 2.50 times
• NII Subscription: 1.99 times
• QIB Subscription: 1.16 times
• Shares Offered for Public Subscription: 1,00,10,000
• Shares Bid For: 2,01,04,050

Minimum Investment and Lot Size

Sonaselection India had a lot size of 150 shares.

At the final issue price of ₹99 per share, a minimum retail application of one lot required an investment of ₹14,850.

The retail maximum application was 13 lots, comprising 1,950 shares and amounting to ₹1,93,050 at the issue price.

The key application details included:

• Final Issue Price: ₹99 per share
• Lot Size: 150 shares
• Retail Minimum: 1 lot or 150 shares
• Retail Minimum Investment: ₹14,850
• Retail Maximum: 13 lots or 1,950 shares
• Retail Maximum Investment: ₹1,93,050

Business and IPO Overview

Sonaselection India Limited is an integrated fabric manufacturing and processing company engaged in producing value-added textile products.

Its portfolio covers 100% cotton fabrics, cotton lycra or stretch fabrics, cotton blends and polyester blends. The company also undertakes processing activities across cotton, cotton blends, polyester-viscose and polyester fabrics.

Sonaselection India operates a manufacturing facility in Bhilwara, Rajasthan, spread across approximately 49,540 square metres. The facility has an installed processing capacity of 82.44 million metres per annum.

The company initially operated primarily through textile processing and job-work activities before expanding into the manufacturing and direct sale of finished fabrics. Its expanded cotton fabric processing plant became operational in July 2024. Sonaselection India has also entered the readymade garments business through its subsidiary.

The company entered the primary market through a ₹141.57 crore mainboard IPO consisting entirely of a fresh issue of 1.43 crore equity shares.

The IPO was open between September 17 and September 21, 2026, with a price band of ₹94 to ₹99 per share. The final issue price was fixed at ₹99.

The IPO was subscribed 2.01 times overall. Retail investors subscribed their allocated portion 2.50 times, while the NII and QIB portions were subscribed 1.99 times and 1.16 times, respectively.

Sonaselection India made its stock market debut on September 24, 2026, opening at ₹102 per share on the NSE. Against the ₹99 IPO issue price, the NSE opening represented a listing premium of 3.03%.