Alpine Texworld IPO: Price Band, Lot Size, Financials & Review
Alpine Texworld IPO listed on BSE & NSE on Tue, 21 Jul 2026. The issue was subscribed 1.40x overall.
- Open Date
- 14 Jul 2026
- Close Date
- 16 Jul 2026
Last updated
- Price band
- ₹100 – ₹105
- Lot size
- 142 shares
- Min. investment
- ₹14,910
- Issue size
- ₹126 Cr
- Last GMP
- +₹1
- Subscribed
- 🔥 1.40x
Alpine Texworld IPO details
Alpine Texworld IPO is a ₹126 Cr book-building IPO on the Mainboard segment, listing on BSE & NSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Tue, 14 Jul 2026 to Thu, 16 Jul 2026. Allotment was finalised on Fri, 17 Jul 2026, and the shares listed on BSE & NSE on Tue, 21 Jul 2026.
The price band is ₹100 to ₹105 per share and the lot size is 142 shares, so the minimum retail application is ₹14,910. Retail investors can apply for up to 13 lots (1,846 shares, ₹1,93,830).
KFin Technologies Limited is the registrar, and D&A Financial Services Pvt.Ltd. is the book running lead manager.
Grey market premium (GMP)
Day-wise GMP →The last Alpine Texworld IPO GMP before listing was +₹1 (+0.95% against the upper price band of ₹105), implying an estimated listing price of ₹106. Across 10 days of tracking, GMP ranged from +₹1 (16 Jul) to +₹5 (13 Jul).
| Last GMP | +₹1 |
|---|---|
| GMP vs upper band | +0.95% |
| Estimated listing price | ₹106 |
| Highest (13 Jul) | +₹5 |
| Lowest (16 Jul) | +₹1 |
Grey market trading is unofficial and unregulated. GMP is a sentiment indicator, not a guarantee of the listing price. See the Alpine Texworld IPO day-wise GMP.
Subscription
Day-wise subscription →Alpine Texworld IPO was subscribed 1.40x overall: QIB 1.09x, NII 1.09x and retail 1.54x.
| Category | Subscribed |
|---|---|
| QIB | 1.09x |
| NII | 1.09x |
| └ bNII (above ₹10 lakh) | 0.90x |
| └ sNII (₹2–10 lakh) | 1.48x |
| Retail | 1.54x |
| Total | 1.40x |
Final figures at the close of bidding on 16 Jul 2026. Category-wise bids, application-wise breakup and allotment chances are on the Alpine Texworld IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 1,20,240 | 1.00% |
| Non-Institutional | 34,86,960 | 29.00% |
| └ BNII | 23,24,640 | 19.33% |
| └ SNII | 11,62,320 | 9.67% |
| Retail Investors | 84,16,800 | 70.00% |
| Total | 1,20,24,000 | 100.00% |
Alpine Texworld IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1,846 | ₹1,93,830 |
| S-HNI (Min) | 14 | 1,988 | ₹2,08,740 |
| S-HNI (Max) | 67 | 9,514 | ₹9,98,970 |
| B-HNI (Min) | 68 | 9,656 | ₹10,13,880 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹105, the issue is priced at 12.68x pre-issue earnings and 18.49x post-issue earnings per share.
The post-issue P/E is higher because the fresh issue adds new shares, which spreads the same profit over more shares.
Listed peers with positive earnings trade at a median P/E of 31.60x (3 companies).
Promoter holding falls from 90.36% before the issue to 61.96% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹8.28 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 12.68x |
| EPS (post-issue) EPS on the enlarged share capital | ₹5.68 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 18.49x |
| Promoter holding (pre-issue) | 90.36% |
| Promoter holding (post-issue) | 61.96% |
Alpine Texworld Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹237.66 Cr to ₹350.18 Cr, and profit after tax rose from ₹8.63 Cr to ₹21.72 Cr. The PAT margin for 31 Mar 2026 was 6.20%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Assets | 305.31 | 294.86 |
| Total Income | 350.18 | 237.66 |
| Profit After Tax | 21.72 | 8.63 |
| Net Worth | 72.88 | 51.13 |
| Reserve & Surplus | 46.32 | 24.91 |
| Total Borrowings | 177.60 | 166.09 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 33.85 | 18.08 | 12.17 |
| ROCE % | 17.56 | 12.18 | 12.12 |
| Debt / Equity | 2.35 | 3.14 | 1.80 |
| RoNW % | 29.44 | 16.78 | 11.47 |
| Pat Margin % | 6.34 | 3.63 | 2.66 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Alpine Texworld Ltd | 10 | — | 8.18 | 8.18 | 29.44% | 27.79 |
| United Polyfab Gujarat Ltd | 1 | 31.60 | 1.07 | 1.07 | 18.48% | 5.78 |
| Ken Enterprises Ltd | 10 | 5.27 | 6.27 | 6.27 | 12.14% | 51.68 |
| Pashupati Cotspin Ltd | 1 | 145.21 | 0.66 | 0.66 | 6.33% | 10.40 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective |
|---|---|
| 1 | Proposing to finance the cost of setting up a new Weaving Unit to expand its production capabilities to produce Grey Fabric at Ahmedabad, Gujarat, India |
| 2 | Prepayment or repayment, in part or full of certain outstanding borrowings |
| 3 | General corporate purposes |
About Alpine Texworld Limited
Incorporated in February 2016, Alpine Texworld Ltd. is an integrated textile manufacturer engaged in the manufacturing and trading of grey fabric and cotton yarn. The company operates across the textile value chain, including weaving, spinning, yarn sizing, and fabric processing, serving garment manufacturers, textile traders, and other industrial customers.
The company commenced commercial production in 2017 and has steadily expanded its manufacturing capabilities in Ahmedabad, Gujarat. To strengthen backward integration and reduce reliance on external suppliers, Alpine commissioned a dedicated spinning facility in 2025, improving operational efficiency, product quality, and cost control.
Alpine Texworld operates advanced manufacturing facilities equipped with 112 Toyota shuttleless air-jet looms, delivering an installed weaving capacity of approximately 180 lakh metres of fabric annually. The company also operates a Karl Mayer sizing machine with an annual processing capacity of 6,650 metric tonnes of yarn and four Saurer open-end rotor spinning machines capable of producing 6,000 metric tonnes of cotton and blended yarn per year. Through the acquisition of a 97% stake in Alpine Cottweave LLP, the company further expanded its manufacturing base by adding 72 Picanol air-jet looms, increasing the group's consolidated weaving capacity to around 276 lakh metres annually.
Manufacturing remains the company's primary revenue driver, contributing more than 97% of total revenue in FY2026, with grey fabric accounting for nearly 97% of revenue from operations.
The company is also committed to sustainable manufacturing through renewable energy initiatives. It has installed approximately 10.3 MW of solar power capacity, comprising a 5.4 MW ground-mounted solar plant in Banaskantha and rooftop solar installations at its manufacturing facilities, helping reduce energy costs and improve environmental sustainability.
As of March 31, 2026, Alpine Texworld employed 164 people across its operations.
Competitive Strengths
- Integrated textile manufacturing operations spanning spinning, sizing, weaving, and fabric processing.
- Advanced production facilities equipped with globally recognized Toyota, Picanol, Karl Mayer, and Saurer machinery.
- Strong backward integration through its dedicated spinning unit, enhancing cost efficiency and supply chain reliability.
- Expanded manufacturing capacity following the strategic investment in Alpine Cottweave LLP.
- Significant investment in renewable energy, improving long-term operational efficiency and sustainability.
- Experienced promoters and management team with strong industry expertise.
- Consistent financial performance supported by a diversified manufacturing infrastructure and growing production capacity.
Promoters
- Sumit Champalal Agarwal
- Sandeep Santkumar Agarwal
- Sachinkumar Santkumar Agarwal
Contact details
Alpine Texworld Ltd.
Block No 614-1105, Village Paldi,
Pirana Miroli Road, Paldi Kankaj,
Dascroi Ahmedabad, Gujarat, 382425
Phone: +91 9725309926
Email: info@aplinetexworld.com
Website: https://alpinetexworld.com/
Alpine Texworld IPO FAQs
- What is the Alpine Texworld IPO price band?
- The Alpine Texworld IPO price band is ₹100 to ₹105 per share.
- What is the Alpine Texworld IPO lot size and minimum investment?
- The Alpine Texworld IPO lot size is 142 shares. The minimum retail investment is ₹14,910 for one lot at the upper price band. Retail investors can apply for up to 13 lots (1,846 shares), costing ₹1,93,830.
- When was Alpine Texworld IPO open for subscription?
- Alpine Texworld IPO was open for subscription from Tue, 14 Jul 2026 to Thu, 16 Jul 2026.
- What is the Alpine Texworld IPO subscription status?
- Alpine Texworld IPO was subscribed 1.40x overall: QIB 1.09x, NII 1.09x and retail 1.54x. Day-wise and category-wise figures are on the subscription page.
- What was the Alpine Texworld IPO GMP before listing?
- The last Alpine Texworld IPO GMP before listing was +₹1 (+0.95% against the upper price band of ₹105), implying an estimated listing price of ₹106. Across 10 days of tracking, GMP ranged from +₹1 (16 Jul) to +₹5 (13 Jul). GMP is an unofficial grey market indicator and can change quickly.
- What is the Alpine Texworld IPO allotment date?
- The Alpine Texworld IPO basis of allotment was finalised on Fri, 17 Jul 2026. You can check your allotment status on the KFin Technologies Limited website.
- What is the Alpine Texworld IPO listing date?
- Alpine Texworld IPO listed on BSE & NSE on Tue, 21 Jul 2026.
- Is the Alpine Texworld IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Alpine Texworld IPO?
- The registrar for the Alpine Texworld IPO is KFin Technologies Limited, and the book running lead manager is D&A Financial Services Pvt.Ltd..
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.