What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial premium over the issue price that investors pay in the unlisted market prior to official listing on NSE/BSE.

How is the estimated listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit made by selling an IPO application before allotment, irrespective of whether the application is allotted shares.

What is Subject to Sauda?

Subject to Sauda is an agreement where payment is made only if the seller receives share allotment in the IPO.

What is the price band for Sona Selection India IPO?

The price band for Sona Selection India IPO is set at ₹94 to ₹99 per equity share with a minimum lot size of 150 shares.

When does Sona Selection India IPO open and close?

The Sona Selection India IPO opens on 2026-09-17 and closes on 2026-09-21. The allotment date is 2026-09-22 and the listing date is 2026-09-24.

What is the current GMP of Sona Selection India IPO?

The current grey market premium (GMP) for Sona Selection India IPO is ₹0, implying an estimated listing price of ₹99 (0% gain over the upper price band).

How do I check Sona Selection India IPO allotment status?

You can check the allotment status on the registrar's official portal (Kfin Technologies Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Sona Selection India

ListedMainboard

Industrial & Financial Services · NSE / BSE

Sona Selection India is filing offer documents for an Initial Public Offering on NSE_BSE.

Price Band

₹94 – ₹99

Issue Size

₹1430.00 L Cr

Lot Size

150 shares

GMP

—

Est. Listing

₹99

at current GMP

Subscribed

2.01x

overall

Open

17 Sep 2026

21 Sep 2026

Allotment

22 Sep 2026

Refund

23 Sep 2026

Demat Credit

24 Sep 2026

Listing

24 Sep 2026

Last updated about 8 hours ago

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Key Highlights

•Leading player in the Indian market segment
•Price band established at ₹94 - ₹99 per equity share
•Minimum bid lot is 150 shares
•Estimated listing target of ₹99 based on current grey market activity