Sonaselection India IPO
Sonaselection India IPO is a mainboard IPO raising ₹142 Cr at ₹94 – ₹99 a share. It listed on 24 Sept 2026 at ₹102, +3.3% against its issue price of ₹99, and trades at ₹99 today (+0.3% since issue). It was subscribed 2.01× in total.
2.0 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 28,60,000 | 33,25,800 | 1.16× |
| Foreign Institutional Investors | no separate quota | 25,76,250 | n/a |
| Domestic Financial Institutions | no separate quota | 0 | n/a |
| Mutual funds | no separate quota | 0 | n/a |
| Others | no separate quota | 7,49,550 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 21,45,000 | 42,80,250 | 2.00× |
| Non Institutional Investors | 14,30,000 | 28,78,500 | 2.01× |
| Corporates | no separate quota | 1,82,250 | n/a |
| Individuals | no separate quota | 24,61,650 | n/a |
| Others | no separate quota | 2,34,600 | n/a |
| Non Institutional Investors | 7,15,000 | 14,01,750 | 1.96× |
| Corporates | no separate quota | 21,600 | n/a |
| Individuals | no separate quota | 13,64,250 | n/a |
| Others | no separate quota | 15,900 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 50,05,000 | 1,25,34,150 | 2.50× |
| Cut Off | no separate quota | 1,13,09,550 | n/a |
| Price bids | no separate quota | 12,24,600 | n/a |
| Total | 1,00,10,000 | 2,01,40,200 | 2.01× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 22 Sept, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 56% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.23 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.