Sonaselection IPO
Open Date
17 Sep 2026
Close Date
21 Sep 2026
Open Date
17 Sep 2026
Close Date
21 Sep 2026
Min Investment
Lot Size
Issue Size
Price Range
Subscribed

Founded In
2022
CEO
Uma Nuwal
Financials of Sonaselection India IPO
| Key Performance Indicators | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Operating Revenue | 120.98 | 315.95 | 516.95 |
| Other Income | 0.33 | 0.51 | 0.65 |
Total Income | 121.31 | 316.47 | 517.60 |
Total Expenses | 104.37 | 290.39 | 469.54 |
| Profit Before Tax | 16.95 | 26.08 | 48.05 |
Total Profit | 13.09 | 18.56 | 34.02 |
All figures are in crores (₹)

Utilisation of Proceeds
All figures are in crores (₹)
| Purpose | Amount |
|---|---|
| The company intends to utilize funds towards repayment/prepayment of all or a portion of certain borrowings including accrued interest thereon. The aggregate outstanding borrowings from banks was ₹2,638.43 million as on July 31, 2026. | 80 |
| The company proposes to invest in procurement of plant and machineries at its existing facility located at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India to enhance operational efficiency, product quality, and process optimization. | 51 |
| The company proposes to deploy funds towards general corporate purposes including funding strategic initiatives, growth opportunities, capital expenditure, working capital requirements, strengthening marketing capabilities and brand building exercises, subject to not exceeding 25% of Gross Proceeds. | - |

- Strategically located Manufacturing Facility with modern technologies to support product portfolio: The company operates through its Manufacturing Facility located in Bhilwara, Rajasthan, recognized as the 'Textile City' or 'Manchester City of Rajasthan'. The facility is equipped with advanced machinery sourced from reputed manufacturers and includes stenter, merceriser, washing range, sanforiser, singeing, microsand suiding machine, KD jaguar and cloth pressing machine.
- Integrated business model combining manufacturing and job work activities: The company operates an integrated business model that combines in-house manufacturing with job-work processing, enabling operational flexibility, strengthened quality control, and optimized utilization of installed capacity. During Fiscal 2026, Fiscal 2025 and Fiscal 2024, capacity utilization stood at 82.71%, 78.24% and 89.50%, respectively.
- Strong standing relationships with customers with high retention rate: The company catered to 909, 417 and 191 customers during Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. There were 132 customers who maintained ongoing relationships for at least 3 reporting periods, contributing ₹1,041.33 million, ₹1,083.77 million and ₹1,109.78 million during respective fiscals.
- Experienced Promoters supported by professional management team with domain knowledge: The company is led by Promoters with extensive textile industry experience - Subhash Chandra Nuwal (30+ years), Harshil Nuwal (14+ years), and Deepank Bhandari (11+ years). The team is supported by Key Managerial Personnel including Rajnikant Saraswat (39+ years experience) and Ajay Jain (24+ years experience).
- Healthy Track Record and Steady Growth: The company demonstrated consistent growth with revenue from operations increasing by CAGR of 106.71% from Fiscal 2024 to Fiscal 2026. EBITDA and profitability increased at CAGR of 72.51% and 61.19% respectively during the same period.

