Sonaselection India IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.11 | 0.00 | 1.16 |
| NII | 0.24 | 0.07 | 1.99 |
| bNII | 0.20 | 0.05 | 2.01 |
| sNII | 0.30 | 0.12 | 1.96 |
| RII | 0.77 | 0.37 | 2.50 |
| Total | 0.47 | 0.20 | 2.01 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Sonaselection India IPO minimum market lot is 150 shares with ₹14,850 application amount. The Sonaselection India IPO is a Mainboard IPO, and it is to be listed on BSE & NSE.
Business Overview
Founded in February 2022, Sonaselection is a fabric manufacturing and processing firm that makes 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends, and polyester blends like polyester-viscose (P/V) and polyester fabrics, serving a diverse range of end-use applications across fashion and apparel. Its manufacturing facility is situated in Bhilwara, Rajasthan, spread across approximately 49,540 sq. metres.
Its facilities are equipped with modern textile processing machinery to process textiles through bleaching, dyeing, and finishing. Sonaselection uses both its own manufacturing facilities and outside job-work services to complete the entire life cycle, from processing and quality checking to grading, packing, and delivery.
Sonaselection India IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sonaselection India IPO Review and Rating
- May Apply For Long-term View
Sonaselection India IPO Form
How to apply for the Sonaselection India IPO? You can apply for Sonaselection India IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sonaselection India IPO in the Invest section. The other option is you can apply for Sonaselection India IPO via IPO forms downloaded online. Check out the Sonaselection India forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.