Sona Selection India allocates 42.9 lakh shares to anchor investors at ₹99 apiece
Sona Selection India Limited allotted 42,90,000 equity shares to anchor investors at ₹99 per share under the anchor portion of its public issue on 16 September 2026.
What happened
Sona Selection India Limited · Sona Selection India allocated 42,90,000 equity shares to anchor investors at Rs. 99 each under the anchor portion of its public
Key facts
- 42,90,000 equity shares
- Rs. 99 per share
- 16 September 2026
What changed
Sona Selection India allocated 42,90,000 equity shares to anchor investors at Rs. 99 each under the anchor portion of its public issue on 16 September 2026.
Why this matters
Sona Selection India’s allocation of 42.9 lakh anchor shares at ₹99 indicates its IPO process is advancing, with institutional demand potentially supporting post-listing visibility.
What to watch
- Overall subscription multiple, especially whether QIB demand materially exceeds the anchor book.
- Retail and NII subscription trends on the final day of bidding.
- Grey-market premium and comparable listed retail/apparel-company valuation movements.
- Issue size, fresh-versus-offer-for-sale mix, promoter post-issue holding and lock-in disclosures.
- Revenue growth, same-store sales trajectory, gross margin, inventory turns and operating cash-flow quality in offer documents.