Sonaselection India IPO Subscription Status Day 1: Issue Subscribed 0.47 Times

Authored By HDFC SKY | Published at: Sep 17, 2026 06:27 PM IST

Sonaselection India IPO Day 1 subscription stood at 0.47x overall, with Retail at 0.77x, NII at 0.24x and QIB at 0.11x as of September 17, 2026.

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Mumbai, September 17: The Sonaselection India IPO opened for subscription on Thursday, September 17, with the issue receiving bids across all three investor categories during the first day. The ₹141.57 crore book-built IPO is entirely a fresh issue of 1.43 crore shares. The IPO will remain open until September 21, 2026. The price band has been fixed at ₹94 to ₹99 per share, while the lot size is 150 shares. At the upper end of the price band, a retail investor needs ₹14,850 to apply for one lot.

Sonaselection India IPO Day 1 Subscription Status

The Sonaselection India IPO was subscribed 0.47 times overall by 4:58:28 PM on September 17, 2026, based on the shares offered across investor categories. The Retail category recorded a subscription of 0.77 times. The NII segment was subscribed 0.24 times, while the QIB category, excluding the anchor portion, received bids for 0.11 times the shares available.

Investor Category	Subscription
QIB	0.11x
NII/HNI	0.24x
Retail	0.77x
Total	0.47x

Category-wise Sonaselection India IPO Subscription Status

Within the NII category, the portion reserved for applications above ₹10 lakh was subscribed 0.20 times. The smaller NII segment, covering applications below ₹10 lakh, recorded a subscription of 0.30 times.

The Retail category stood at 0.77 times by the Day 1 snapshot, while the QIB portion excluding anchors was subscribed 0.11 times.

Category	Day 1 Subscription
QIB, excluding anchor	0.11x
NII	0.24x
bNII, above ₹10 lakh	0.20x
sNII, below ₹10 lakh	0.30x
Retail	0.77x
Total	0.47x

Sonaselection India Day-Wise Subscription Summary

The IPO opened with an overall subscription of 0.47 times on Day 1. Retail investors accounted for the highest subscription among the reported categories at 0.77 times, followed by NII at 0.24 times and QIB at 0.11 times.

IPO Day	QIB	NII	Retail	Total
Day 1, September 17	0.11x	0.24x	0.77x	0.47x

Sonaselection India IPO Timeline

IPO Event	Date
Issue Open Date	September 17 2026
Issue Close Date	September 21 2026
Basis of Allotment Date	September 22 2026
Initiation of Refunds	September 23 2026
Credit of Shares	September 23 2026
Listing Date	September 24 2026

Brief Overview Of The IPO

Sonaselection India IPO is a ₹141.57 crore book-built issue comprising an entirely fresh issue of 1.43 crore shares. The issue has no offer-for-sale component.

The price band has been fixed at ₹94 to ₹99 per share, with a face value of ₹10 per share. The lot size is 150 shares, making ₹14,850 the minimum investment for a retail investor at the upper end of the price band.

The issue is scheduled to remain open until September 21, 2026. The basis of allotment is expected on September 22, followed by refunds and credit of shares on September 23. The shares are proposed to list on BSE and NSE on September 24, 2026.

Choice Capital Advisors Pvt. Ltd. is the book running lead manager, while Kfin Technologies Ltd. is the registrar.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=SONA&series=EQ&type=Active

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