Sonaselection
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Subscription
- Qualified institutionalQIB
- 1.16×
- Big non-institutionalbNII · above ₹10 lakh
- 2.01×
- Small non-institutionalsNII · ₹2–10 lakh
- 1.96×
- Retail individualRII · up to ₹2 lakh
- 2.50×
Bids received
The demand behind each multiple — what was offered, what was bid for, and what those bids are worth
| Category | Shares offered | Shares bid for | Bids (₹ Cr) | Times |
|---|---|---|---|---|
| Qualified institutional | 28,60,000 | 33,25,800 | ₹32.93 Cr | 1.16× |
| Non-institutional | 21,45,000 | 42,80,250 | ₹42.37 Cr | 2.00× |
| Big non-institutionalwithin NII | 14,30,000 | 28,78,500 | ₹28.50 Cr | 2.01× |
| Small non-institutionalwithin NII | 7,15,000 | 13,99,650 | ₹13.86 Cr | 1.96× |
| Total | 1,00,10,000 | 2,01,04,050 | ₹199 Cr | 2.01× |
Times subscribed is the figure published for each category, not shares bid for divided by shares offered — a category's multiple is struck against its own allottable base, which is not always the offered count shown beside it. Observed 21 Sep, 06:56 pm IST; the registrar publishes the final basis of allotment.
Issue details
- IPO date
- 17 Sep 2026 – 21 Sep 2026
- Listing date
- 24 Sep 2026
- Face value
- ₹10 per share
- Price band
- ₹94 – ₹99
- Issue price
- ₹99 per share
- Lot size
- 150 shares
- Sale type
- Fresh capital
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹142 Cr
- Fresh issue
- ₹142 Cr 1,43,00,000 shares
- Offer for sale
- ₹0 Cr 0 shares
- Market cap at offer price
- ₹563 Cr
- Promoter holding
- 86.21% → 64.52% pre-issue → post-issue
- ISIN
- INE0LLZ01011
- CIN
- U17299RJ2022PLC079631
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- Choice Capital Advisors Pvt.Ltd.
- Registered office
- 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025, Rajasthan, India
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| QIB | 28,60,000 | 28.57% | 28.57% |
| Anchor investor · within QIB | 42,90,000 | — | 42.86% |
| NII (HNI) | 21,45,000 | 21.43% | 21.43% |
| bNII > ₹10L · within NII | 14,30,000 | — | 14.29% |
| sNII < ₹10L · within NII | 7,15,000 | — | 7.14% |
| Retail (RII) | 50,05,000 | 50.00% | 50.00% |
| Employee | 0 | — | 0.00% |
| Total issue | 1,00,10,000 | — | 100.00% |
Net offer to the public of 1,00,10,000 shares, out of a total issue of 1,00,10,000. Indented rows sit inside the category above them and are not added to it.
Application size
Minimum 150 shares per lot, in multiples, at ₹99
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 150 | ₹14,850 |
| Retail (max) | 13 | 1,950 | ₹1,93,050 |
| S-HNI (min) | 14 | 2,100 | ₹2,07,900 |
| S-HNI (max) | 67 | 10,050 | ₹9,94,950 |
| B-HNI (min) | 68 | 10,200 | ₹10,09,800 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 8.00 | 5.99 |
| P/E (×) | 12.38 | 16.53 |
| Price to book (×) | 4.00 | — |
| Market cap | — | ₹563 Cr |
Key performance indicators
- Return on net worth
- 39.05%
- ROCE
- 24.00%
- Debt / equity
- 2.48
- PAT margin
- 6.58%
- EBITDA margin
- 16.40%
- NAV per share
- ₹24.78
- Price to book
- 4.00
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
Company financials
| Period ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| Profit and loss | |||
| Total income | 517.6 | 316.47 | 121.31 |
| Revenue from operations | 516.95 | 315.95 | 120.98 |
| Other income | 0.65 | 0.51 | 0.33 |
| Total expenses | 469.54 | 290.39 | 104.37 |
| Operating profit | 48.06 | 26.08 | 16.94 |
| Operating margin | 9.29% | 8.24% | 13.96% |
| Profit before tax | 48.05 | 26.08 | 16.95 |
| Profit after tax | 34.02 | 18.56 | 13.09 |
| PAT margin | 6.57% | 5.86% | 10.79% |
| Balance sheet | |||
| Total assets | 474.99 | 374.77 | 203.5 |
| Current assets | 289.98 | 193.83 | 54.87 |
| Current liabilities | 227.23 | 159.72 | 44.73 |
| Total liabilities | 370.82 | 304.7 | 164.61 |
| Net worth | 104.16 | 70.07 | 38.88 |
| Current ratio | 1.28× | 1.21× | 1.23× |
| Return on equity | 32.66% | 26.49% | 33.67% |
| Cash flow | |||
| Operating cash flow | -10.99 | -14.18 | 17.61 |
| Investing cash flow | -20 | -50.42 | -108.12 |
| Financing cash flow | 33.15 | 60.67 | 94.65 |
| Net cash flow | 2.17 | -3.93 | 4.14 |
Objects of the issue
1 Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company from banks ₹80 Cr
The company intends to utilize funds towards repayment/prepayment of all or a portion of certain borrowings including accrued interest thereon. The aggregate outstanding borrowings from banks was ₹2,638.43 million as on July 31, 2026.
2 Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility ₹50.61 Cr
The company proposes to invest in procurement of plant and machineries at its existing facility located at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India to enhance operational efficiency, product quality, and process optimization.
3 General Corporate purposes —
The company proposes to deploy funds towards general corporate purposes including funding strategic initiatives, growth opportunities, capital expenditure, working capital requirements, strengthening marketing capabilities and brand building exercises, subject to not exceeding 25% of Gross Proceeds.
1 of 3 objects carry no stated amount — typically general corporate purposes, funded from whatever remains — so the total above is the quantified portion only, not the whole issue.
About Sonaselection
Sonaselection India Limited is a public limited company incorporated on February 11, 2022, and is engaged in the manufacturing and processing of fabric used by textile traders and garment brands. The company operates a single manufacturing facility located in Bhilwara, Rajasthan, with end-to-end processing infrastructure for products including 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends and polyester blends. The company has undergone a strategic transition from job-work activities to manufacturing and sale of its own products. In Fiscal 2026, manufacturing revenue constituted 81.50% of total revenue from operations, compared to 69.88% in Fiscal 2025 and 11.28% in Fiscal 2024. The company generates revenue primarily from domestic operations (99.84% in Fiscal 2026), with limited export presence (0.16% in Fiscal 2026). The company has experienced significant revenue growth from ₹1,209.79 million in Fiscal 2024 to ₹5,169.49 million in Fiscal 2026.
Management
Harshil Nuwal
MD
Uma Nuwal
CEO
Strengths
As stated in the offer document
Strategically located Manufacturing Facility with modern technologies to support product portfolio
The company operates through its Manufacturing Facility located in Bhilwara, Rajasthan, recognized as the 'Textile City' or 'Manchester City of Rajasthan'. The facility is equipped with advanced machinery sourced from reputed manufacturers and includes stenter, merceriser, washing range, sanforiser, singeing, microsand suiding machine, KD jaguar and cloth pressing machine.
Integrated business model combining manufacturing and job work activities
The company operates an integrated business model that combines in-house manufacturing with job-work processing, enabling operational flexibility, strengthened quality control, and optimized utilization of installed capacity. During Fiscal 2026, Fiscal 2025 and Fiscal 2024, capacity utilization stood at 82.71%, 78.24% and 89.50%, respectively.
Strong standing relationships with customers with high retention rate
The company catered to 909, 417 and 191 customers during Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. There were 132 customers who maintained ongoing relationships for at least 3 reporting periods, contributing ₹1,041.33 million, ₹1,083.77 million and ₹1,109.78 million during respective fiscals.
Experienced Promoters supported by professional management team with domain knowledge
The company is led by Promoters with extensive textile industry experience - Subhash Chandra Nuwal (30+ years), Harshil Nuwal (14+ years), and Deepank Bhandari (11+ years). The team is supported by Key Managerial Personnel including Rajnikant Saraswat (39+ years experience) and Ajay Jain (24+ years experience).
Healthy Track Record and Steady Growth
The company demonstrated consistent growth with revenue from operations increasing by CAGR of 106.71% from Fiscal 2024 to Fiscal 2026. EBITDA and profitability increased at CAGR of 72.51% and 61.19% respectively during the same period.
Risk factors
As stated in the offer document
Geographic Concentration Risk in Rajasthan
The company operates from a single manufacturing facility in Rajasthan and derives 37.31%, 50.47% and 95.31% of revenue from this state for Fiscals 2026, 2025 and 2024 respectively. Additionally, 96.01%, 98.36% and 96.26% of procurement is concentrated in Rajasthan, exposing the company to significant regional disruption risks.
Single Manufacturing Facility Dependency
The company operates only one manufacturing facility in Bhilwara, Rajasthan with no alternate or backup facilities. Any slowdown, shutdown or disruption at this facility could significantly impair the company's ability to meet customer demand and fulfill contractual obligations.
Negative Cash Flows from Operations
The company recorded negative operating cash flows of ₹109.89 million and ₹141.77 million in Fiscals 2026 and 2025 respectively. Sustained negative cash flows may limit the company's ability to meet operating expenses, service debt, and fund working capital requirements.
High Debt-to-Equity Ratio
The company's debt-equity ratio was 2.48, 2.96 and 3.72 times for Fiscals 2026, 2025 and 2024 respectively. This high leverage exposes the company to increased interest payment obligations, reduced financial flexibility, and potential difficulties in obtaining additional financing on favorable terms.
Outstanding Bank Borrowings with Restrictive Covenants
As of July 31, 2026, ₹2,638.43 million was outstanding towards bank loans with restrictive covenants requiring lender consents for various corporate activities. Any breach could lead to acceleration of repayment obligations, cross defaults, or termination of financing agreements.
Customer Concentration Risk
The company's top 10 customers account for 29.45%, 37.98% and 48.15% of revenue for Fiscals 2026, 2025 and 2024 respectively. The company operates primarily through individual purchase orders without long-term contracts, exposing it to significant customer attrition risks.
Supplier Concentration and Related Party Dependence
The company's top 10 suppliers constitute 58.87%, 80.74% and 77.52% of procurement for Fiscals 2026, 2025 and 2024 respectively. Additionally, the company derives significant procurement from related party Sona Style Limited (₹249.10 million in Fiscal 2026), creating supplier concentration and conflict of interest risks.
Company Analysis
from RHPSonaselection India Limited manufactures and processes cotton and polyester blend fabrics for textile traders and garment brands, operating primarily in the domestic textile and apparel industry.
Sonaselection India Limited is a public limited company incorporated on February 11, 2022, and is engaged in the manufacturing and processing of fabric used by textile traders and garment brands. The company operates a single manufacturing facility located in Bhilwara, Rajasthan, with end-to-end processing infrastructure for products including 100% cotton fabric, cotton lycra (stretch) fabric, cotton blends and polyester blends. The company has undergone a strategic transition from job-work activities to manufacturing and sale of its own products. In Fiscal 2026, manufacturing revenue constituted 81.50% of total revenue from operations, compared to 69.88% in Fiscal 2025 and 11.28% in Fiscal 2024. The company generates revenue primarily from domestic operations (99.84% in Fiscal 2026), with limited export presence (0.16% in Fiscal 2026). The company has experienced significant revenue growth from ₹1,209.79 million in Fiscal 2024 to ₹5,169.49 million in Fiscal 2026.
Objects of the Issue
- Repayment of borrowings p.43
- Repayment and/or pre-payment of certain borrowings p.73
- Funding of capital expenditure towards purchase of plant and machineries p.73
- General corporate purposes p.73
- Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company from banks ₹800.00 million p.152
- Funding of capital expenditure towards purchase of plant and machineries at the existing Manufacturing Facility situated at located at 18th K M Stone, Chittorgarh Road, Hamirgarh, Bhilwara- 311025 Rajasthan, India ₹506.11 million p.152
- General Corporate purposes p.152
- Funding capital expenditure for acquisition of advanced machinery for in-house readiness of yarn p.300
- Repayment or pre-payment of loans from banks ₹800.00 million p.300
Issue Structure
- Total Issue
- Up to 14,300,000 Equity Shares of face value of ₹10/- each aggregating up to ₹[●] million
- Fresh Issue
- Fresh issue of up to 14,300,000 Equity Shares of face value of ₹10/- each aggregating up to ₹[●] million
- Offer for Sale
- NIL
- Price Band
- ₹[●] per Equity Share (Floor Price) to ₹[●] per Equity Share (Cap Price)
- Lot Size
- [●] Equity Shares and in multiples of [●] Equity Shares
- Face Value
- ₹10/- per Equity Share
Business Model
The company earns revenue through two primary business verticals: (1) Manufacturing and processing of finished fabric products (cotton, cotton lycra stretch, cotton blends and polyester blends) which are sold to textile traders and garment brands, and (2) Job-work activities where processing services are provided to customers. Manufacturing accounted for 81.50% of revenue in Fiscal 2026, while job-work accounted for 17.30%. The company operates on a B2B model with purchase order-based transactions rather than long-term contracts. Revenue is primarily generated through domestic sales channels across multiple Indian states.
Business Segments
SWOT Analysis
- • Significant job-work customer concentration with top customer representing 16.58% of job-work revenue in FY2026(p.64)
- • Diversified product portfolio including 100% cotton, cotton lycra stretch fabric, cotton blend and polyester blend(p.76)
- • Modern manufacturing facility with renewable energy infrastructure including 1.20 MW rooftop solar capacity(p.71)
- • Improving attrition rate declining from 12.56% in FY2024 to 7.67% in FY2026(p.68)
- • Investment-grade credit rating of BBB/Stable from CRISIL maintained consistently(p.70)
- • Established infrastructure with modern integrated manufacturing facility equipped with advanced machinery(p.167)
- • Strategic location in recognized textile hub enabling supply chain efficiency(p.167)
- • Integrated business model combining manufacturing and job work providing operational flexibility(p.167)
- • Strong customer retention and satisfaction through tailored product offerings(p.167)
- • Experienced promoter-led management with domain expertise in textile manufacturing(p.167)
- • Demonstrated rapid revenue and profitability growth trajectory(p.168)
- • Integrated textile hub location with complete value chain(p.246)
- • Advanced processing technology and capacity(p.284)
- • Significant installed production capacity(p.284)
- • India's strong position in global textile supply chains(p.223)
- • Government support for textile sector through multiple schemes(p.226)
- • Transition from job-work to manufacturing model(p.284)
- • Promoter concentration with long operational experience(p.370)
- • Established manufacturing operations with significant fixed asset base(p.384)
- • Growing revenue trajectory(p.418)
- • Improved profitability(p.386)
- • Geographic concentration of operations and revenue in Rajasthan(p.35)
- • Single manufacturing facility with no backup operations(p.38)
- • Negative cash flows from operating activities(p.38)
- • Outstanding litigations involving company, promoters, directors and management(p.39)
- • Promoter share sales and disinvestment post-DRHP filing(p.41)
- • Promoters provided personal guarantees and collateral for company borrowings(p.42)
- • Related party transactions that may create conflicts of interest(p.43)
- • Promoter Deepank Bhandari's past disqualification and association with struck-off entities(p.44)
- • High debt-equity ratio of 2.48 times indicating financial leverage(p.44)
- • Past irregularities and non-compliances in regulatory filings with RoC(p.45)
- • Dependence on limited set of suppliers for raw materials(p.53)
- • Significant working capital requirements with negative cash flows(p.55)
- • Revenue concentration among limited number of customers(p.56)
- • No long-term contracts with customers, operations on purchase order basis(p.56)
- • Insurance coverage may be inadequate relative to asset values(p.58)
- • Contingent liabilities of ₹200.05 million representing 19.21% of net worth(p.59)
- • Unsecured loans of ₹197.73 million repayable on demand(p.50)
- • Significant bank borrowings of ₹2,638.43 million with restrictive covenants(p.50)
- • Delays in payment of statutory dues including GST, provident fund and ESIC(p.52)
- • Most directors lack experience of managing a public listed company(p.60)
- • Heavy dependence on single group company supplier with ₹249.10 million (4.82% of revenue) in FY2026 from Sona Style Limited(p.67)
- • Limited intellectual property protection with no registered trademarks, patents or copyrights(p.65)
- • High leverage with ₹2,638.43 million in outstanding loans as of July 31, 2026 creating financial risk(p.69)
- • Limited experience in RMG segment diversification with newly incorporated subsidiary Sionnah Enterprises(p.65)
- • Heavy dependence on contract labour with risk of wage demands and work stoppages affecting operations(p.64)
- • Single manufacturing facility concentration creating operational risk if disruptions occur(p.75)
- • High financial leverage with elevated debt-to-equity ratio(p.172)
- • Significant working capital requirements and cash conversion challenges(p.172)
- • High inventory days indicating potential inventory management inefficiency(p.172)
- • Dependence on limited customer base concentrated in processing segment(p.172)
- • History of compliance delays and regulatory filing discrepancies(p.151)
- • High leverage and debt burden(p.279)
- • Vulnerability to raw material price volatility(p.242)
- • Working capital intensity requiring significant financing(p.279)
- • Increasing inventory days indicating potential demand softness(p.279)
- • Limited scale compared to larger competitors(p.279)
- • High financial leverage(p.426)
- • Significant dependence on related party transactions and borrowings(p.411)
- • Promoter group compliance issues and litigation exposure(p.370)
- • Limited working capital management, declining cash position(p.404)
- • Potential conflict of interest with group companies(p.377)
- • High debt-to-equity ratio constraining financial flexibility(p.471)
- • Single manufacturing facility creates operational concentration risk(p.471)
- • History of negative cash flows affecting liquidity(p.471)
- • Promoter personal property pledged as collateral(p.471)
- • Outstanding litigation involving promoters and company(p.471)
- • Past regulatory non-compliance and filing irregularities(p.471)
- • Promoter history of disqualification and struck-off entities(p.471)
- • Transition from job-work to in-house manufacturing to improve margins(p.64)
- • Forward integration into RMG segment with subsidiary establishing garment production capabilities(p.65)
- • Rapid growth in synthetic textiles segment driven by versatility, durability and mass production capability(p.66)
- • Expansion into technical textiles leveraging modern technologies(p.69)
- • Growing adoption of recycled fibres and eco-friendly manufacturing processes to meet global environmental standards(p.66)
- • Capacity expansion through acquisition of advanced processing machinery to enhance efficiency(p.152)
- • Potential for cost optimization through process improvements without capacity increase(p.157)
- • Enhanced brand visibility and market presence through listing(p.152)
- • Access to capital markets for future funding and strategic growth initiatives(p.160)
- • Free Trade Agreements opening new export markets(p.232)
- • Rising demand for technical and specialty textiles(p.233)
- • Expansion into integrated textile parks(p.224)
- • Growing demand for sustainable and eco-friendly textiles(p.231)
- • Shift toward value-added specialty fabrics(p.232)
- • New subsidiary enabling RMG segment integration(p.285)
- • Capacity expansion through significant capital investments(p.388)
- • Revenue growth in textile processing and ready-made garments(p.418)
- • New subsidiary in ready-made garments segment(p.392)
- • IPO to strengthen capital structure and access capital markets(p.392)
- • Expanded fabric processing capacity capturing Bangladesh market disruption(p.495)
- • Full-year operations of new processing plant driving revenue growth(p.492)
- • Geographic expansion into new markets(p.495)
- • Subsidiary contributing incremental garmenting revenue(p.492)
- • Quality requirements from customers may result in product rejections(p.48)
- • Criminal proceedings against promoters and senior management(p.49)
- • Fluctuations in yarn and greige fabric supply and cost(p.62)
- • Dependence on third-party transportation providers for logistics(p.63)
- • Capacity underutilization risks(p.62)
- • Highly fragmented and competitive textile industry with larger integrated competitors having scale advantages(p.66)
- • Pricing pressure from competitors restricting ability to pass raw material cost increases to customers(p.66)
- • Regulatory risk from pending scope certificate renewals for verification of processes and products(p.68)
- • Power supply disruption risk affecting manufacturing operations despite 1.20 MW solar capacity(p.71)
- • Supply chain disruption risk from demand forecasting inaccuracy and raw material price volatility(p.71)
- • Macroeconomic headwinds including inflation, currency fluctuations and trade policy changes affecting Indian textile industry(p.83)
- • Contingent liability of ₹200.05 million for export obligation under Zero Duty Export Promotion Capital Goods Scheme(p.100)
- • Absence of definitive equipment supply agreements exposes to procurement risks(p.160)
- • Inability to procure equipment at expected terms could impact business operations(p.68)
- • Funding requirements not independently appraised creating execution risk(p.68)
- • Exposure to credit rating downgrades affecting capital access(p.64)
- • Competition from low-cost manufacturing countries(p.261)
- • Volatile global cotton prices and currency fluctuations(p.271)
- • Geopolitical disruptions affecting supply chains(p.231)
- • Stringent environmental and compliance regulations(p.261)
- • Subdued global demand affecting exports(p.277)
- • Dependency on monsoon for cotton availability(p.272)
- • High interest rate exposure and rising finance costs(p.386)
- • Textile industry competition and market cyclicality(p.377)
- • Raw material price volatility(p.419)
- • Regulatory and compliance risks from promoter group structure(p.374)
- • Geographic revenue concentration in Rajasthan(p.471)
- • Related party transactions creating conflict of interest(p.471)
- • Promoters and Directors involvement in competing ventures(p.471)
- • Export obligation under EPCG scheme with penalties for non-fulfillment(p.501)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Harshil Nuwal | Promoter | — | — |
| Subhash Chandra Nuwal | Promoter | — | — |
| Uma Nuwal | Promoter | — | — |
| Deepank Bhandari | Promoter | — | — |
| Sona Polyspin Private Limited | Promoter Group | — | — |
| Harshil Nuwal | Promoter | 17.07% | — |
| Deepank Bhandari | Promoter | 41.48% | — |
| Sona Polyspin Private Limited | Promoter Group | 27.66% | — |
| Harshil Nuwal | Promoter | — | — |
| Subhash Chandra Nuwal | Promoter | — | — |
| Uma Nuwal | Promoter | — | — |
| Deepank Bhandari | Promoter | — | — |
| Sona Polyspin Private Limited | Promoter Group | — | — |
| Subhash Chandra Nuwal | Promoter and Chairman, Non-Executive Director | — | — |
| Harshil Nuwal | Promoter and Managing Director | — | — |
| Deepank Bhandari | Promoter | — | — |
| Harshil Nuwal | Promoter | 9.52% | 19.87% |
| Subhash Chandra Nuwal | Promoter | 11.45% | 0.00% |
| Uma Nuwal | Promoter | — | — |
| Deepank Bhandari | Promoter | 49.84% | 46.14% |
| Sona Polyspin Private Limited | Promoter Group | 29.19% | 27.66% |
| Deepank Bhandari | Promoter | 41.48% | — |
| Sona Polyspin Private Limited | Promoter Group | 27.66% | — |
| Harshil Nuwal | Promoter | 17.07% | — |
| Uma Nuwal | Promoter | 0.00% | — |
| Subhash Chandra Nuwal | Promoter | — | — |
Leadership
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.
Peer comparison
| Company | EPS | NAV | P/E | P/BV | RoNW |
|---|---|---|---|---|---|
| 8.09 | 24.78 | 16.53, computed at the offer price | 4.00, computed at the offer price | 39.05% | |
| 1.52 | 26.12 | 12.23 | — | 6.33% | |
| 16.44 | 211.85 | 37.29 | — | 8.02% | |
| 31.58 | 261.60 | 18.22 | — | 12.77% |
Blank cells are figures the offer document does not publish. This issue is unlisted, so it has no market price and the document publishes no multiple for it — its P/E and P/BV here are computed at the offer price, on the post-issue share count, and are comparable to a listed peer's.