Sonaselection India is a Bhilwara-based firm in the manufacture and processing of fabric, incorporated in February 2022. The company manufactures cotton, cotton Lycra, cotton-blended and polyester-blended fabrics. In addition, it processes cotton, polyester, viscose and polyester fabrics on behalf of other parties. The cotton fabric processing plant was set up in July 2024 and has enabled the company to move from job work to its own account manufacturing. The company has 628 SKUs in FY26, up from 453 in FY25 and 1 in FY24. In manufacturing, the company uses greige fabric or yarn and converts it into greige fabric before bleaching, dyeing and finishing it. For job work, customers provide fabrics to be processed to their specifications. The main raw materials used are yarn and greige fabric, with FY26 consumption of ₹132.67 crore (yarn) and ₹103.21 crore (greige fabric). The major suppliers are Fair Deal Corporation, Esspal International Private Limited, Shubham Syntex, etc. The State of Rajasthan constituted 96.01% of total domestic purchases in FY26. In FY26, income from operations was ₹516.95 crore; fabric manufacturing ₹421.29 crore (81.5%); job work ₹89.44 crore (17.3%); and readymade garments ₹6.21 crore (1.2%). In FY26, revenue from the sale of goods was 82.7% of total revenue, while the remaining 17.3% was from the sale of services. The single Bhilwara-based facility has a processing capacity of 82.44 million metres per year. In FY26, production was 68.19 million metres with a utilisation of 82.71%. It has its own testing laboratory, zero liquid discharge effluent treatment plant and 1.20 MW capacity of rooftop solar energy as of March 2026. Development of readymade garments is through Sionnah Enterprises Private Limited, incorporated in July 2025, through arrangements with garment job manufacturers. In FY26, Sonaselection served 909 customers, while only 191 were served in FY24. The main customers of the company are Tirumala Textile, Bhagwan Enterprise Textiles Private Limited and M.R. Ramchand & Co Private Limited. The top 10 customers contributed 29.44% of FY26 revenue, which was 48.15% in FY24. Rajasthan, Delhi, Maharashtra and Karnataka have contributed 37.31%, 28.03%, 16.24% and 9.37% of revenue of FY26, respectively. Exports started in FY26, and exports were made to Nepal worth ₹0.85 crore, which is 0.16% of revenue. Textile processing is used to change the greige fabric into the finished fabric via pre-treatment, dyeing and finishing. Pre-treatment, dyeing and finishing improve aesthetics, textures and functionality of apparel, home furnishings and other uses of the fabrics. The company operates in this segment with an emphasis on cotton and blends. The total Indian textiles and apparel industry market size is estimated to grow from USD 188 billion in FY26 to USD 350 billion by FY30, at a CAGR of 16.8%. Growth drivers are increasing disposable income, urbanisation, demand from domestic and foreign markets, e-commerce, and sustainable fabrics. Through the processing capacity of 82.44 million metres per year, the variety of cotton and blended fabrics, and the growing customer base, Sonaselection has been able to meet this requirement. The Bhilwara facility ensures easy access to textile suppliers and a skilled labour force. The firm intends to increase its reach by diversifying into garments and technical textiles as well as its exports. Now, Sonaselection India is launching its initial public offering (IPO), which consists of a fresh issue of ₹142.00 crore. Its shares will be listed on the NSE and BSE. ### **How to apply for Sonaselection India IPO?** If you are interested in this investment opportunity but unsure how to apply for an Sonaselection India IPO, follow these steps. When the public issue opens for subscription, one can follow this step-by-step guide on how to apply for the Sonaselection India IPO on Upstox: - Log in to your Upstox account, using your six-digit PIN - After logging in, click on ‘Discover’ - On the ‘Discover’ tab, you will find the ‘Invest in IPO’ section - Under the Invest in IPO section, look for the ‘Sonaselection India IPO’ tab and click on it - Now fill in all the required information, like ‘bid price’ and ‘lot size’ - Confirm and click on ‘Apply’ - Accept the mandate on your UPI app