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Sonaselection India IPO allotment today; check status on BSE, NSE and registrar

Snapshot AI

  • Sonaselection India IPO allotment likely to be finalized today.
  • IPO subscribed 2.01 times, retail 2.50x.
  • Shares to list on BSE and NSE on September 24.

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The allotment of shares for the Sonaselection India IPO is expected to be finalised today, September 22, after the Rs 141.57-crore public issue was subscribed 2.01 times during the three-day bidding period.

According to NSE data, investors placed bids for 2,01,04,050 shares against 1,00,10,000 shares on offer. The retail portion was subscribed 2.50 times, while the non-institutional investor (NII) category was subscribed 1.99 times.

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Investors who applied for the issue can check their Sonaselection India IPO allotment status through KFin Technologies, the registrar to the issue, as well as the BSE and NSE websites. The shares are scheduled to list on both exchanges on September 24. Refunds and credit of shares to successful applicants are expected on September 23.

Read Also: NSE IPO allotment today; GMP at 4% — check status on BSE, NSE and registrar

Sonaselection India IPO allotment status: How to check

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KFin Technologies is the registrar to the Sonaselection India IPO. Investors can check the final allotment through its IPO status portal.

Check allotment on KFin Technologies

Step 1. Visit KFin Technologies IPO status page at https://ipostatus.kfintech.com/
Step 1. Select Sonaselection India Ltd from the issue list.
Step 1. Choose the relevant option, such as PAN, Application Number or DP ID/Client ID.
Step 1. Enter the required details and captcha.
Step 1. Click Submit to view the allotment status.

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Check allotment on BSE

1. Visit BSE IPO application status page at https://www.bseindia.com/investors/appli_check
2. Select Equity under the issue type.
3. Choose Sonaselection India Ltd from the issue list.
4. Enter your application number or PAN.
5. Complete the verification process.
6. Click Search/Submit to check the allotment details.

Check allotment on NSE

Step 1. Go to NSE IPO bid verification page at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Step 2. Select Sonaselection India Ltd from the relevant issue list.
Step 3. Enter your PAN or application details.
Step 4. Complete the verification process.
Step 5. Submit the details to view the application and allotment information.

Sonaselection India’s grey market premium has fallen to zero ahead of the expected allotment. According to InvestorGain, the latest GMP stood at Rs 0, implying an estimated listing price of Rs 99, equal to the upper end of the IPO price band. The data was updated on September 22.

GMP is an unofficial indicator based on activity in the grey market. It can change before listing and does not guarantee the actual listing price or post-listing returns.

The Sonaselection India IPO had a price band of Rs 94-99 per share and comprised entirely a fresh issue of 1.43 crore equity shares. The issue opened on September 17 and closed on September 21.

Ahead of the IPO, the company raised Rs 42.47 crore from anchor investors. It allotted 42.9 lakh shares to three anchor investors at the upper end of the price band.

Astorne Capital was the largest anchor investor, picking up 22.96 lakh shares for around Rs 22.7 crore. India Max Investment Fund and Lords Multigrowth Fund each acquired 9.96 lakh shares for around Rs 9.86 crore.

Check IPO News Here

The company plans to use Rs 80 crore from the IPO proceeds towards partial repayment or prepayment of debt. Sonaselection India had outstanding borrowings of Rs 263.8 crore as of July 2026.

Another Rs 50.61 crore has been earmarked for capital expenditure, including the purchase of plant and machinery at its existing manufacturing facility in Rajasthan. The balance will be used for general corporate purposes.

About Sonaselection India

Sonaselection India manufactures 100 percent cotton fabric, cotton lycra or stretch fabric, cotton blends and polyester blends. Its manufacturing facility is located in Bhilwara, Rajasthan, and has an installed processing capacity of 82.44 million metres per annum.

Choice Capital Advisors is the book-running lead manager for the issue, while KFin Technologies is the registrar. The shares are scheduled to list on the BSE and NSE on September 24.

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Source: www.moneycontrol.com