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Sonaselection India Limited

SONATextiles & Apparels17 Sept 2026 – 21 Sept 2026INE0LLZ01011

Promoters Harshil Nuwal · Uma Nuwal · Deepank Bhandari · Subhash Chandra Nuwal · Sona Polyspin Private Limited

On listing day it
+8.5%
listing-day close vs issue price
Since then, against the issue price
+3.7%
₹102.64 on 3 Nov 2026

Against an issue price of ₹99. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹99
final issue price
Issue size
₹156 cr
Lot size
150 sh
₹14,850 a lot
Listed on
24 Sept 2026
NSE
Now trading as SONA — see its filed financials and price history →
Notes

Sonaselection India Limited raised ₹156 crore through a mainboard initial public offer.

The filing places it in Textiles & Apparels and names five promoters: Harshil Nuwal, Uma Nuwal, Deepank Bhandari, Subhash Chandra Nuwal and Sona Polyspin Private Limited.

The book was open from 17 September 2026 to 21 September 2026.

The issue was priced at ₹99 a share, from a band of ₹94 to ₹99.

As of the exchange's 21-Sep-2026 19:00:00 update the book was subscribed 2.01 times the shares on offer, counting bids on NSE and BSE together.

Against their reserved portions: qualified institutional buyers 1.16 times, non-institutional investors 2.00 times and retail investors 2.50 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.

1.13 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.

The shares listed on 24 September 2026.

The last official close on file is ₹103 (3 November 2026), which is 3.7% above the issue price.

It now trades as SONA, and its filed financials are on its company page.

How it has done since listing
NSE close · 3 Nov 2026
Issue price
₹99
final issue price
Listing-day move
+8.5%
listing-day close vs issue price
Now vs issue price
+3.7%
3 Nov 2026
Since first close
—

Shares sold in the issue at ₹99 last closed at ₹102.64.

See SONA’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(1)
Issue price
₹99
face value ₹10
Lot size
150 sh
₹14,850 a lot
Issue size
₹156 cr
How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
BSE And NSE
Registered office
Northern India
Company website
www.sonaselection.com
Registrar
KFin Technologies Limited
Lead manager
  • Choice Capital Advisors Private Limited
What happens when
5-day book
  1. Bidding opens17 Sept 2026
  2. Bidding closes21 Sept 2026
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing24 Sept 2026
How the bidding is going
as of 21-Sep-2026 19:00:00
2.01x
NSE + BSE combined
2.01 cr bid against 1.00 cr offered
captured 22 Sept 2026, 7:00 pm IST

Investors have bid for 2.01 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.

Institutional buyers (QIB)29% of the offer reserved1.16x
33,25,800 bid · 28,60,000 offered
Non-institutional (HNI)21% of the offer reserved2.00x
42,80,250 bid · 21,45,000 offered
Retail50% of the offer reserved2.50x
1,25,34,150 bid · 50,05,000 offered
NSE bids only — a different figure1.46x

Bids placed on NSE alone, excluding BSE. It is smaller than the 2.01x headline above and the two must never be compared or added together.

Where in the price band the bids sit
as of 21 Sept 2026, 7:00 pm IST

Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.

₹94
₹95
₹96
₹97
₹98
₹99

The columns are near-identical because they are: demand falls only 0.87% between ₹94 and ₹99, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.

Bid at cut-off (no price named)
1.13 cr

These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.

Drop from ₹94 to ₹99
0.87%

How much of the demand falls away between the bottom and the top of the band.

Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    24 Oct 2026
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    23 Dec 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    24 Mar 2027
    whole tranche releases on this date
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    24 Mar 2028
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
—
The issuer's chosen peers
—
Earnings the price leans on
₹6.08
diluted, per share
Earnings per share, by year
YearBasicDilutedWeight
FY2024₹3.25₹3.251
FY2025₹4.57₹4.492
FY2026₹8.09₹8.093

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

The numbers behind the offer
from the offer document

Restated figures the issuer is required to publish in its offer document, covering the years before it came to market.

LineFY2024FY2025FY2026
EBITDA(₹ million)284.87581.19847.74
Profit after Tax (PAT)(₹ million)130.95185.63340.23
Revenue from Operations(₹ million)1,209.793,159.525,169.49

Figures as filed by the issuer in its offer document.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Nitin Spinners Limited18.212.8%
Sangam (India) Limited37.38.0%
Vishal Fabrics Limited12.26.3%
The issuer’s own figures, as it printed them
EPS
₹8.09
NAV per share
₹24.78
Return on net worth
39.05%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead manager
FirmIssuesTypical listing move
Choice Capital Advisors Private Limited
2023 – 2026
13
4 measurable
+15.6%
Registrar
FirmIssuesTypical listing move
Kfin Technologies Limited
2021 – 2026
140
45 measurable
+8.5%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.