Sonaselection India Limited IPO
SONA · IPO · Open for bidding
Price band
Rs.94 to Rs.99
Issue size
₹99 Cr
Open
17-Sep-2026
Close
21-Sep-2026
Subscription
0.17×
GMP · unofficial
₹7 · ~7%
Traddx read: Avoid / risky
- Thin demand, especially from institutions — higher risk of a weak listing.
- Weak institutional interest — QIB only 0.00×.
- Retail portion under-subscribed (0.44×).
- Overall subscription 0.2×.
- Grey market premium is modest (~7%, unofficial).
Sonaselection India Limited is open for bidding in the Indian space, with a price band of Rs.94 to Rs.99 and an issue size of ₹99 Cr. The grey market premium (unofficial, via ipowatch.in) is around ₹7 (~7% over the issue price), a rough and volatile hint of listing demand. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| QIB (institutions) | 0.00× |
| Non-institutional (NII) | 0.11× |
| Retail | 0.44× |
| Total | 0.24× |