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

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

According to NSE data, market participants 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.

Market participants who applied for the offering can check their Sonaselection India IPO allotment status through KFin Technologies, the registrar to the offering, 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 anticipated on September 23.

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

Sonaselection India IPO allotment status: How to check

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

Step 1. Visit KFin Technologies IPO status page at https://ipostatus.kfintech.com/

Step 1. Select Sonaselection India Ltd from the offering 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.

1. Visit BSE IPO application status page at https://www.bseindia.com/market participants/appli_check

2. Select Equity under the offering type.

3. Choose Sonaselection India Ltd from the offering list.

4. Enter your application number or PAN.

5. Complete the verification process.

6. Click Search/Submit to check the allotment details.

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 offering 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 anticipated allotment. According to InvestorGain, the latest GMP stood at Rs 0, implying an estimated stock-exchange debut price of Rs 99, equal to the upper end of the IPO price range. The data was updated on September 22.

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

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

Ahead of the IPO, the firm boosted Rs 42.47 crore from anchor market participants. It allotted 42.9 lakh shares to three anchor market participants at the upper end of the price range.

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.

The firm 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.

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 offering, while KFin Technologies is the registrar. The shares are scheduled to list on the BSE and NSE on September 24.