Mumbai, Sept. 18 -- The initial public offer of Sonaselection received bids for 90,52,200 shares as against 1,00,10,000 shares on offer, according to stock exchange data at 17:00 IST on 18 September 2026. The issue was subscribed 0.90 times.

The issue opened for bidding on 17 September 2026 and will close on 21 September 2026. The price band of the IPO is fixed between Rs 94 and 99 per share. An investor can bid for a minimum of 150 equity shares and multiples thereof.

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 to be valued at Rs 562.6 crore post listing.

The funds raised to the tune of Rs 80.0 cro...