Mumbai, September 16, 2026: Sonaselection India Limited, an integrated fabric manufacturing and processing company engaged in the production of value-added products, has allotted 42,90,000 Equity Shares at ₹99 per Equity Share, including a share premium of ₹89 per Equity Share, aggregating to approximately ₹42.47 crore, to 3 Anchor Investors.
The Anchor Investor Bid/Issue Period opened and closed on Wednesday, September 16, 2026, ahead of the Company’s Initial Public Offering, which opens on Thursday, September 17, 2026.
The Anchor Investors include:
- Astorne Capital VCC – Arven – 53.53% ( 22,96,350 shares)
- India Max Investment Fund Limited – 23.24% (9,96,900)
- Lord Multigrowth Fund – 23.23% (9,96,750)
Sonaselection India Limited – IPO Details
| Particulars | Details |
| IPO Opens | Thursday, September 17, 2026 |
| IPO Closes | Monday, September 21, 2026 |
| Price Band | ₹94 to ₹99 per Equity Share |
| Face Value | ₹10 per Equity Share |
| Minimum Bid Lot | 150 Equity Shares and in multiples of 150 Equity Shares thereafter |
| Issue Size | Fresh Issue of up to 14,300,000 Equity Shares |
| Listing | BSE and NSE |
| Allocation | QIB – Not more than 50%; NII – Not less than 15%; Retail – Not less than 35% |
About Sonaselection India Limited
Sonaselection India Limited is an integrated fabric manufacturing and processing company engaged in the production of value-added products. Leveraging advanced technology, established production capabilities and stringent quality systems, the Company converts raw textiles into finished, high-quality fabrics.
The Company manufactures 100% cotton fabric, cotton lycra or stretch fabric, cotton blends and polyester blends. Its processing capabilities cover 100% cotton, cotton blends, polyester-viscose and polyester fabrics.
Its manufacturing facility is located in Bhilwara, Rajasthan, widely known as the “Vastranagari”, and is spread across approximately 49,540 square metres. The facility has an installed processing capacity of 82.44 million metres per annum.
In Fiscal 2026, the Company expanded into the readymade garments segment through its wholly owned subsidiary, Sionnah Enterprises Private Limited, strengthening its vertical integration between fabric manufacturing and downstream garment production.
