Yash Textile Machines Pvt. Ltd v. Sona Selection India Ltd — MSME Samadhaan claim of ₹2.45 million before MSE Facilitation Council, Konkan-Thane
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
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed; the disclosed aggregate at stake is ₹0.4 Cr.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 1 | 2 | ₹0.3 Cr |
| Promoters | 2 | 0 | 0 | ₹0.1 Cr |
| Directors | 0 | 0 | 0 | — |
| Subsidiaries | 0 | 0 | 0 | — |
| Group companies | 0 | 0 | 0 | — |
FIR No. 05/2015 (Bhopal) against Promoters Subhash Nuwal, Uma Nuwal, Harshil Nuwal and SMP Rajnikant Saraswat re: Starnet Breeding (IPC 420/467/471/120-B & Prize Chit Act); underlying dispute amicably settled for ₹1.08 million, awaiting formal closure
Direct tax proceeding against the Company — 1 case, amount ₹0.50 million (only quantified tax matter disclosed)
Mahendra Singh v. Sona Selection India Ltd — Industrial Dispute Act complaint alleging illegal termination; reinstatement and back wages sought before Labour-cum-Industrial Tribunal, Bhilwara (amount not stated)
Subhash Nuwal, Uma Nuwal, Harshil Nuwal & Rajnikant Saraswat v. State of MP (MCRC/49058/2018) — Sec 482 CrPC quashing petition before MP High Court for FIR No. 05/2015; pending
Original amounts stated in ₹ million; converted to ₹ crore at 1 crore = 10 million (divide by 10). Company amount (₹0.295 cr) = ₹0.05 cr tax + ₹0.245 cr MSME claim; Mahendra Singh ID Act claim amount not stated. Promoters amount (₹0.108 cr) = aggregate settlement paid to three complainants in FIR No. 05/2015; the quashing petition amount is not stated. Grand total ₹0.403 cr is arithmetic sum of stated amounts only — no aggregate is explicitly stated in the prospectus. Materiality threshold for disclosure = ₹10.95 million (₹1.095 cr). All directors (non-promoters), subsidiary and group companies have NIL criminal, tax and material civil/regulatory proceedings.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.
The full prospectus — business, financials, risk factors and litigation.
Which institutions were allotted shares before bidding opened, and how many.
Where physical applications could be submitted.
The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.
The full prospectus — business, financials, risk factors and litigation.