Sonaselection India IPO ends with 2.01 times subscription
Mumbai, Sept. 22 -- The initial public offer of Sonaselection India received bids for 2,01,40,200 shares as against 1,00,10,000 shares on offer. The issue was subscribed 2.01 times.
The qualified institutional buyers' (QIB) portion was subscribed 1.16 times, while the non-institutional investors' (NII) category was subscribed 2 times. The retail individual investors' (RII) segment was subscribed 2.50 times.
The issue opened for bidding on 17 September 2026 and closed on 21 September 2026. The price band of the IPO is fixed between Rs 94 and 99 per share.
The IPO is entirely a fresh issue of shares worth Rs 141.57 crore at upper price band of Rs 99. There is no OFS component. At the upper end of the price band, the company is expected t...
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