Sonaselection India IPO Debuts: New Textile Share Price Hits Upper Circuit, Up 8%, What Should Investors Do?

Sonaselection India's share price rallied by more than 8% on BSE during its debut session on September 24, 2026. Although this new textile stock is listed at merely a 3% premium on the exchange. The expert said that the listing has been modest; however, the outlook is "neutral."

Sonaselection India Share Price

At the time of writing, Sonaselection traded at its new 52-week high of Rs 107.09 apiece, which is also its upper circuit on BSE. The company's market cap stood at Rs 608.58 crore. Currently, the stock is trading at 5% upper circuit and over 8.2% up from its IPO price.

The stock listed at 3.03% premium on BSE to Rs 102 apiece compared to its IPO price of Rs 99 apiece.

Sonaselection launched Rs 141.57 crore IPO from September 17th to September 21st at a price band of Rs 94 per share to Rs 99 per share. On the last day of the IPO, the company fully subscribed by 2.01 times.

Incorporated in February 2022, the company is an integrated fabric manufacturing and processing company based in Bhilwara, Rajasthan. It manufactures cotton, cotton lycra, cotton blends, and polyester blends, while also undertaking job-work processing of greige fabrics.

Should Investors BUY/SELL/HOLD?

"Sonaselection India made a modest debut at Rs 102.31, around 3.3% above its Rs 99 issue price," said Shivani Nyati, Head of Wealth at Swastika Investmart LTD.

Post-listing, as per the analyst, the valuation at around 12.24x FY26 P/E is reasonable, but declining EBITDA margins, high leverage, single-facility dependence, customer concentration and governance concerns remain key risks.

"Our view is Neutral, and fresh entry can be considered only after monitoring margin stability and deleveraging. For risk management, Rs 96-98 can be considered as a stop-loss zone, while a sustained break below Rs 96 may indicate further weakness," Nyati added.

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