Textiles - Fabric Manufacturing & Processing - Listed on 24 September 2026
SonaSelection India (Textiles - Fabric Manufacturing & Processing) closed its IPO window in 2026 and listed on NSE and BSE on 24 September 2026 at an upper band issue price of Rs 99, opening at Rs 102.31 for a listing gain of +3.3% and closing day one at Rs 107.42 (+8.5% on closing basis). The IPO was subscribed 2.01x overall - QIB 1.16x, HNI/NII 1.99x, Retail 2.50x. The total issue size was Rs 141.57 Cr (Fresh Issue Rs 141.57 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Textiles - Fabric Manufacturing & Processing
SonaSelection India operates as an integrated fabric manufacturing and processing player, producing value-added textile products including cotton fabrics, cotton lycra, cotton blends and polyester blends, along with fabric processing services.
Issue structure, listing outcome and context
The ₹141.57 crore IPO was entirely a fresh issue of 1.43 crore shares, priced at ₹99 per share at the upper end. The shares listed on NSE at ₹102.31 and closed at ₹107.42 on 24 September 2026.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 8 | +8.10% |
| Day 2 | Rs 7 | +7.10% |
| Day 3 | Rs 0 | 0.00% |
| Day 4 | Rs 0 | 0.00% |
| Day 5 | Rs 0 | 0.00% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 3.3 pp (Reasonably accurate)
How the broader market moved around the SonaSelection India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
SonaSelection India IPO listed at +3.3% versus the upper issue price of Rs 99 on 24 September 2026.
SonaSelection India IPO was subscribed 2.01x overall. QIB portion was subscribed 1.16x, HNI / NII 1.99x and Retail 2.50x.
IPO GMP started at Rs 8 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.