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SONA — Sonaselection India News Story

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India's Sonaselection rises on debut, hits $63.6 million valuation

BUZZ-India's Sonaselection rises on debut, hits $63.6 million valuation

** Shares of India's Sonaselection India SONO.NS rise 8.5% to 107.42 rupees in trading debut

** Stock listed at 102.31 rupees, a 3.3% premium over IPO issue price of 99 rupees

** Trading volume at 2 million shares

** Company valued at 6.10 billion rupees ($63.62 million)

** The company's 1.42 billion-rupee IPO was subscribed 2.01 times

** IPO comprises fresh issue of up to 1.42 billion rupees and no offer for sale



($1 = 95.8850 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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