Sonaselection India IPO Listing: Shares List At A Premium Of Over 3%
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Sonaselection India shares made a modest debut on the stock exchanges on 24 September 2026. The stock opened at ₹102 and ₹102.21 on the BSE and NSE, respectively. Read more.
Sonaselection India made its debut on stock exchanges today, i.e., 24 September 2026. The initial public offering (IPO) of Sonaselection India was a mainboard issue and its shares were listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
The shares were listed at a premium of over 3% compared with the IPO issue price of ₹99 per share in the upper price band. On the NSE, the shares opened at ₹102.21 apiece. On the BSE, the stock was listed at ₹102 apiece.
Sonaselection India IPO And Subscription Details
The Sonaselection India IPO carried a price band of ₹94-99 per share. It was open for subscription from 17 September to 21 September. The IPO’s size was pegged at ₹141.57 crore and had a lot size of 150 shares.
The issue consisted entirely of a fresh issue with no offer-for-sale (OFS) component. The Sonaselection India IPO received an overall subscription of 2.01 times. The qualified institutional buyer (QIB) portion was subscribed 1.16 times, while the non-institutional investor (NII) category was booked 2 times. The retail portion was subscribed 2.50 times.
Choice Capital Advisors Pvt Ltd was the book-running manager of the IPO, while KFin Technologies was the issue registrar.
About Sonaselection India
Sonaselection India Ltd. was incorporated in February 2022 and is engaged in textile manufacturing and processing. The company produces value-added fabrics such as 100% cotton, cotton lycra, cotton blends and polyester blends, while also processing cotton, P/V and polyester fabrics.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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