Sonaselection India Limited has allotted 42,90,000 Equity Shares at Rs.99 per Equity Share
Sonaselection India Limited 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.
Mumbai, September 17, 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% |