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Sonaselection India IPO Subscription Status Day 2: Retail Subscription Reaches 1.29 Times

Authored By HDFC SKY | Published at: Sep 18, 2026 05:46 PM IST

Sonaselection India IPO Day 2 subscription status showed Retail at 1.29x, NII at 0.60x and QIB at 0.46x as of September 18, 2026.

Sonaselection India IPO Subscription Status Day 2

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Mumbai, September 18: Sonaselection India IPO remained open for subscription on its second day on September 18, 2026. The bookbuilding issue opened on September 17 and is scheduled to close on September 21. The IPO comprises a fresh issue of 1.43 crore shares aggregating up to ₹141.57 crore. The price band is fixed at ₹94 to ₹99 per share. The lot size is 150 shares, with retail investors able to apply for a minimum of one lot. At the upper price band, the minimum investment is ₹14,850.

Sonaselection India IPO Day 2 Subscription Status

As of 5:00 PM on September 18, 2026, the cumulative demand data showed the retail portion subscribed 1.29 times. The NII category was subscribed 0.60 times, while QIB demand stood at 0.46 times.

Subscription Category Shares Offered Shares Bid For Subscription
QIB 28,60,000 13,13,250 0.46x
NII/HNI 21,45,000 12,84,750 0.60x
Retail 50,05,000 64,55,850 1.29x

The cumulative demand schedule is based on exchange data last updated at 5:00 PM on September 18, 2026.

Category-wise Sonaselection India IPO Subscription Status

Category Shares Offered/Reserved Shares Bid For Subscription
QIB 28,60,000 13,13,250 0.46x
Foreign Institutional Investors 10,10,250
Others under QIB 3,03,000
NII/HNI 21,45,000 12,84,750 0.60x
bNII (>₹10L) 14,30,000 8,45,400 0.59x
sNII (<₹10L) 7,15,000 4,39,350 0.61x
Retail 50,05,000 64,55,850 1.29x
Total Public Categories 1,00,10,000 90,53,850 Not stated in source

The exchange data separately lists bids from foreign institutional investors and other QIB participants. These sub-category bid figures are included within the QIB total.

Sonaselection India Day-wise Subscription Summary

The supplied exchange data provides cumulative demand figures as of 5:00 PM on September 18, 2026. A comparable Day 1 cumulative demand schedule is not included in this source.

Date QIB NII bNII (>₹10L) sNII (<₹10L) Retail
September 18, 2026 (Day 2) 0.46x 0.60x 0.59x 0.61x 1.29x

Sonaselection India IPO Timeline

IPO Milestone 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 Sonaselection India IPO

Sonaselection India IPO is a ₹141.57 crore bookbuilding issue comprising a fresh issue of 1.43 crore shares. The IPO opened for subscription on September 17, 2026, and will close on September 21, 2026.

The price band is ₹94 to ₹99 per share, with a lot size of 150 shares. The minimum retail application is one lot, or 150 shares, amounting to ₹14,850 at the upper price band.

The IPO is scheduled to list on both the BSE and NSE, with the tentative listing date set for September 24, 2026. Choice Capital Advisors Pvt. Ltd. is the book running lead manager, while Kfin Technologies Ltd. is the registrar to the issue.

Source: 

  • https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4824&type=IPO&idtype=1&status=L&IPONo=7973&startdt=17%2F09%2F2026
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