Sonaselection India IPO Details: Key Dates, Price Band & Investment Overview

By Wealthova | Last Updated: September 12, 2026

Sonaselection India Limited, an integrated fabric manufacturing and processing enterprise specializing in the production of high-quality value-added textiles, is gearing up to make its primary market debut with an upcoming ₹141.57 Crore mainboard IPO. Operating from its advanced manufacturing facility in Bhilwara, Rajasthan (often referred to as the “Manchester of Rajasthan”), the company focuses on delivering a diverse portfolio of 100% cotton fabrics, cotton lycra, and polyester blends to a strong B2B apparel clientele. Operating a highly scalable and reliable business model, Sonaselection India provides custom fabric solutions with an installed processing capacity of 82.44 million metres per annum, positioning it as a preferred supply-chain partner for leading fashion and retail brands. The subscription window for this book-built issue opens on September 17, 2026, and closes on September 21, 2026. The price band is set between ₹94 to ₹99 per equity share, comprising entirely of a fresh issue of ₹141.57 Crore (1.43 Crore shares) with absolutely no Offer for Sale (OFS) component. The company plans to utilize the fresh capital primarily to fund the repayment or pre-payment of outstanding corporate borrowings (₹80.00 Crore), finance capital expenditure for new plant and machinery at its existing Hamirgarh facility (₹50.61 Crore), and support general corporate purposes. Set to list on both the BSE and NSE platforms, market participants are closely watching this visible, asset-driven textile enterprise, backed by a strong FY26 total revenue of ₹517.60 Crore and a net profit of ₹34.02 Crore. Below, we break down the financial health, industry risk factors, and our honest Smart Market Insights to help you decide if you should subscribe to this issue!

Incorporated in February 2022, Sonaselection India Limited is a fast-growing, integrated fabric manufacturing and processing enterprise anchored in Bhilwara, Rajasthan—a region famously known as the "Manchester of Rajasthan." Evolving rapidly from a basic textile processing vendor to a manufacturer of higher-margin, value-added fabrics, the company serves a rapidly expanding B2B client base across the Indian fashion and apparel industry.

• Diversified Fabric Portfolio: The company specializes in producing 100% cotton fabrics, cotton-lycra (stretch) fabrics, cotton blends, and polyester-viscose (P/V) blends. It is also executing strategic expansions into readymade garments and specialized technical textiles.
• Integrated Production Model: Sonaselection successfully blends its own in-house fabric manufacturing (buying raw cloth and finishing it on automated lines) with customized job-work processing (bleaching, dyeing, and finishing third-party greige textiles). This hybrid model optimizes capacity utilization and stabilizes cash flow.
• Massive Manufacturing Scale: All operations are consolidated at a sprawling 49,540 square-meter facility in Hamirgarh, Bhilwara. The plant operates with a massive installed processing capacity of 82.44 million metres per annum.
• Rapid Client Acquisition & Diversification: The company has aggressively scaled its market footprint, growing its active customer base from just 191 in FY24 to 909 in FY26. In doing so, it has successfully reduced its geographic concentration risk, dropping its revenue dependence on Rajasthan from 95.31% in FY24 down to 37.31% in FY26.

The Sonaselection India IPO is a book-built issue consisting entirely of a fresh equity issuance of up to ₹141.57 Crore, with absolutely no Offer for Sale (OFS) by existing promoters. The company proposes to deploy the net fresh proceeds toward the following core growth and deleveraging objectives:

• Debt Deleveraging (₹80.00 Crore): A significant majority of the funds will be directed toward the full or partial pre-payment and repayment of outstanding corporate borrowings. This aggressive deleveraging will reduce finance costs and enhance overall profitability margins.
• Capital Expenditure (₹50.61 Crore): Strategic capital is earmarked for purchasing advanced plant and machinery to upgrade and expand processing capabilities at its existing Hamirgarh manufacturing facility.
• General Corporate Purposes: The residual net proceeds will be utilized for overarching business development, meeting incremental working capital requirements, and funding general corporate initiatives.