Sonaselection India IPO Subscription Status
Final figures at close of bidding: 24 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 1.16x |
| NII | 2x |
| sNII (₹2L–₹10L) | 1.96x |
| bNII (above ₹10L) | 2.01x |
| Retail (RII) | 2.5x |
| Total | 2.01x |
Bidding day 5
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.11x | 0.3x | 0.2x | 0.77x | 0.47x |
| Day 2 | 0x | 0.12x | 0.05x | 0.37x | 0.2x |
| Day 3 | 0x | 0.12x | 0.05x | 0.37x | 0.2x |
| Day 4 | 0x | 0.12x | 0.05x | 0.37x | 0.2x |
| Day 5 | 1.16x | 1.96x | 2.01x | 2.5x | 2.01x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The Sonaselection India book was built over 5 days: overall subscription stood at 0.47× at the close of day 1, read 0.2× at the end of day 2, read 0.2× at the end of day 3, read 0.2× at the end of day 4, and finished at 2.01× on day 5. On the final day it was retail investors driving the book, at 2.5× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 0.2× to 2.01×.
Category detail
Qualified institutional buyers took their portion to 1.16×. Non-institutional investors came in at 2×, split 1.96× in the small-NII bucket (bids under ₹10 lakh) and 2.01× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 2.5× the shares reserved for them. That puts retail investors at the top of the book at 2.5× and qualified institutional buyers (QIB) at the bottom at 1.16×.
What the multiple means for allotment
With retail subscription at 2.5×, applications in that category exceeded the shares available to it by a factor of about 2.5. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 150 shares — ₹14,850 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Sonaselection India IPO open and close?
- The Sonaselection India IPO opens on 17 Sept 2026 and closes on 21 Sept 2026.
- How many times was the Sonaselection India IPO subscribed?
- The Sonaselection India IPO was subscribed 2.01 times in total across all investor categories.
- What is the reservation split in the Sonaselection India IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.