Initial public offer of up to 14,300,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Sonaselection India Limited ("The Company" or the "Company" or the "Issuer") for cash at a price of Rs. 99 per equity share (including a share premium of Rs. 89 per equity share) (the "Issue Price") aggregating up to Rs. 141.57 Crores (the "Issue"). The issue will constitute 25.16% of the post issue paid up equity share capital of the company.
Price Band: Rs. 99 per equity share of face value of Rs. 10 each.
The floor price is 9.9 times of the face value of the equity shares, respectively.
Bids can be made for a minimum of 150 equity shares of face value Rs. 10/- each and in multiples of 150 equity shares of face value Rs. 10/- thereafter.
IPO Details
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
17-Sep-2026
21-Sep-2026
₹ 99.00
₹ 0.00
Minimum Application for shares in Nos
Minimum Application for shares in Nos : 150.0 Further Multiples of : 150.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
130.64
Choice Capital Advisors Private Limited
Project Financed through Current Offer
141.57
Post Issue Equity Share Capital
56.83
Issue Price
₹99.00
Projects
Projects
Repayment and/or pre-payment, in full or part, of certain borrowings
Funding of capital expenditure towards purchase of plant and machineries