Sonaselection India Ltd., an integrated fabric manufacturing and processing company, will launch its Initial Public Offering (IPO) on September 17, 2026. The issue will close on September 21, while the Anchor Investor bidding will open on September 16.
The IPO comprises a fresh issue of up to 14.3 million equity shares with a face value of ₹10 each. The company plans to use the proceeds to repay or pre-pay certain bank borrowings, fund the purchase of plant and machinery at its existing manufacturing facility in Bhilwara, Rajasthan, and meet general corporate purposes.
The issue will be conducted through the book-building process, with allocations for Qualified Institutional Buyers (QIBs), Non-Institutional Bidders and Retail Individual Bidders in line with SEBI regulations.
Choice Capital Advisors Pvt. Ltd. is the Book Running Lead Manager, while KFin Technologies Ltd. is the Registrar. The equity shares are proposed to be listed on the BSE and NSE.
