Sonaselection
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Sonaselection
Price 94 to 99
GMP Rumors ₹2
Lot size 150
Issue size ₹142 Cr
Allotment 22-09-2026
Refund 23-09-2026
Listing 24-09-2026
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Allotment Status https://ipostatus.kfintech.com/
Video https://youtube.com/shorts/pd-kkHYi7ao?si=6TS3xby2mVk783Ib
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About

BSE List Price :

NSE List Price :

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Category Times
QIBs 0.46x
HNIs 0.6x
Retail 1.31x
Total : 0.92x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 1 150 ₹14
Retail Maximum 13 1,950 ₹850
S-HNI Minimum 14 2,100 ₹1
S-HNI Maximum 67 10,050 ₹93
B-HNI Minimum 68 10,200 ₹50

About the Company

Founded in February 2022, Sonaselection is engaged in the manufacturing and processing of fabrics, including 100% cotton fabrics, cotton lycra (stretch) fabrics, cotton blends, and polyester blends such as polyester-viscose (P/V) and polyester fabrics. The Company caters to a wide range of end-use applications across the fashion and apparel sectors. Its manufacturing facility is located in Bhilwara, Rajasthan, and is spread over approximately 49,540 sq. metres.

The Company’s facilities are equipped with modern textile processing machinery for carrying out various processes, including bleaching, dyeing and finishing. Sonaselection utilizes a combination of its own manufacturing facilities and third-party job-work services to manage the complete production cycle, including processing, quality inspection, grading, packing and delivery.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹121.31 ₹104.37 ₹13.10 ₹203.50
2025 ₹316.47 ₹290.39 ₹18.56 ₹374.77
2026 ₹517.60 ₹469.54 ₹34.02 ₹474.99

Company Promoter

Harshil Nuwal

Subhash Chandra Nuwal

Uma Nuwal

Deepank Bhandari

Sona Polyspin Private Limited

Know before investing

  • • Strengths

    Strategically Located Manufacturing Facility: The Company’s manufacturing facility is located in Bhilwara, Rajasthan, a prominent textile hub with an integrated ecosystem comprising more than 400 spinning, weaving and dyeing units. This location provides access to a well-established supplier network, skilled workforce and supporting ancillary services.

    Strong Customer Relationships & High Retention: The Company has developed strong customer relationships based on trust, reliability and consistent product quality. Its ability to provide customized fabrics according to customers’ specific quality, volume and delivery requirements supports strong customer retention.

  • • Risks

    Reliance on a Single Manufacturing Facility: The Company operates its manufacturing activities from a single facility located in Bhilwara, Rajasthan. Any equipment breakdown, accident, labour unrest, fire, power disruption, pandemic, severe weather condition or other unforeseen event could result in a slowdown or temporary shutdown of operations, which may adversely affect its business and financial performance.

    Dependence on Promoters’ Personal Collateral: Certain borrowings of the Company are secured by personal properties and guarantees provided by the Promoters and Promoter Group, including Subhash Chandra Nuwal, Harshil Nuwal, Deepank Bhandari, Uma Nuwal, Kailash Bhandari and Anita Bhandari. Consequently, the Company’s existing credit facilities are dependent, in part, on the continued availability of their personal assets and guarantees.

Objects of the Issue & Utilisation of proceeds

Repayment and/or pre-payment, in full or part, of certain borrowings.

Funding of capital expenditure towards purchase of plant and machineries.

General Corporate Purpose.

Company  Address

Sonaselection India Ltd.
18th K M Stone
, Chittorgarh Road
Hamirgarh
Bhilwara, Rajasthan, 311025
Phone: +91 8386090831
Email: cs@sonaselection.com
Website: https://www.sonaselection.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: sona.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

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