Rupix

Alpine Texworld IPO

Alpine Texworld came to market through an IPO that opened on 14 July 2026 and closed on 16 July 2026, and the shares listed on 21 July 2026 on BSE, NSE. The price band was ₹100 to ₹105 per share and one lot was 142 shares, so the minimum application was ₹14,910. The issue size was ₹126.25 crore. The whole issue was fresh shares, so the money raised went to the company.

It listed at ₹105, flat against the issue price of ₹105. Kfin Technologies Limited Reservation Category: Ret : 70% HNI : 29% QIB : 1% was the registrar to the issue, and D&A Financial Services Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹100 to ₹105
Lot size
142 shares
Minimum investment
₹14,910
Face value
₹10 per share
Issue size
₹126.25 crore
Fresh issue
1,20,24,000 shares (aggregating up to ₹126.25 crore)
Listing at
BSE, NSE
Registrar
Kfin Technologies Limited Reservation Category: Ret : 70% HNI : 29% QIB : 1%
Lead managers
D&A Financial Services Pvt.Ltd

Timeline

Opens
14 July 2026
Closes
16 July 2026
Allotment
17 July 2026
Listing
21 July 2026

Subscription status by day

As of 16 July 2026.

Day
1
2
3

Overall the issue was subscribed 1.40 times.

Listing day and after

Issue price
₹105
Listing price
₹105
Listing gain
0%
Listed on
21 July 2026

About Alpine Texworld

Incorporated in 2016, Alpine Texworld Ltd has been involved in the manufacturing of dyeing and processing fabrics. The organization specializes in manufacturing quality textiles. It has two production units. The production units are well-equipped with special dyeing and finishing machinery, providing diversified products to manufacturers of garments and traders. The unit has an annual installed capacity of 6,000 MT of cotton and blended yarn. Apart from that, the organization is also involved in the renewable energy sector.

In Jan 2024, the organization has installed an 820 KW rooftop solar power plant in Unit 1, and subsequently in March 2025, a 5.4 MW ground-mounted solar power plant was installed in Banaskantha.

As described in the offer document.

Objects of the issue

  • Proposing to finance the cost of setting up a new weaving unit at Proposed Manufacturing Unit 3 to expand its production capabilities to produce Grey Fabric at Ahmedabad, Gujarat, India - ₹32.08 Cr
  • Prepayment or repayment, in part or full of certain outstanding borrowings - ₹52.20 Cr
  • General corporate purposes

Strengths

  • Manufacturing Base Strategy: Located in Gujarat, which is one of the best sources of cotton fiber in the country, and thus will ensure availability of good quality raw material for grey fabrics.
  • Modern Machinery: Uses modern technology in weaving and sizing with automated machines from world-renowned manufacturers like Toyota, Picanol, Itema, and Karl Mayer.
  • Backward Integration: Strong backward integration strategy through investment in a weaving subsidiary factory, increasing production capacities and reducing dependency on the procurement of outside yarn.

Risks

  • Manufacturing Capacity Risk: The risk associated with delays in the installation of Manufacturing Unit 3 due to acquisition of machinery, its installation, or other related reasons.
  • Regulatory Approval Risk: The proposed Manufacturing Unit 3 is awaiting Consent to Establish approval. Any delay or failure to obtain required licenses may affect expansion plans and business operations.
  • Financial Risks: The business depends heavily on credit facility from banks, thus any trouble in obtaining loans can affect cash flow and financial performance.

Financials (₹ crore)

Metric31-Mar-2631-Mar-25

Listed peers

Alpine Texworld
RoNW 29.44%%
United Polyfab
RoNW 18.48%%
Ken Enterprises
RoNW 12.14%%
Pashupati Cotspin
RoNW 6.33%%

Application sizes

Retail (min)
1 lot, 142 shares, ₹14,910
Retail(max)
13 lots, 1846 shares, ₹1,93,830
sHNI(min)
14 lots, 1988 shares, ₹2,08,740
sHNI(max)
67 lots, 9514 shares, ₹9,98,970
bHNI(min)
68 lots, 9656 shares, ₹10,13,880

Valuation

EPS Pre IPO
₹8.28
EPS Post IPO
₹5.68
P/E Pre IPO
12.68
P/E Post IPO
18.49
ROE
33.85%
ROCE
17.56%
RoNW
29.44%
PAT Margin
6.34%
Debt/Equity
2.35
Price/Book
3.78
Market Cap
₹401.59 Cr

Registrar and allotment status

Registrar
Kfin Technologies Limited Reservation Category: Ret : 70% HNI : 29% QIB : 1%
Allotment status
https://ipostatus.kfintech.com/
Phone
04067162222, 04079611000
Email
alpine.ipo@kfintech.com

Work out the listing gain for this IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Alpine Texworld IPO

What is Alpine Texworld IPO?

Alpine Texworld IPO was a ₹126.25 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹100–₹105 per share with a lot size of 142 shares (₹14,910). The IPO was open from July 14 to July 16, 2026 and was subscribed 1.4x. Shares listed on BSE and NSE on July 21, 2026 at ₹105, in line with the issue price of ₹105. Kfin Technologies Limited is the registrar. D&A Financial Services Pvt. Ltd.

is the book running lead manager.

What is the price band of Alpine Texworld IPO?

The price band of Alpine Texworld IPO is ₹100 to ₹105 per share.

What is the lot size of Alpine Texworld IPO?

The lot size of Alpine Texworld IPO is 142 shares.

What is the minimum investment for Alpine Texworld IPO?

The minimum investment for Alpine Texworld IPO is approximately ₹14,910 based on the upper price band.

What is the allotment date of Alpine Texworld IPO?

The allotment date of Alpine Texworld IPO is Jul 17, 2026.

What was the GMP of Alpine Texworld IPO before listing?

No GMP quote could be verified as recorded before Alpine Texworld IPO listed. A grey-market observation of ₹1 per share was recorded on 21 Jul 2026, 6:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹105. GMP is unofficial and does not forecast or guarantee the actual listing price.

How has Alpine Texworld IPO share price performed since listing?

Alpine Texworld IPO listed on Jul 21, 2026. It was issued at ₹105.0(NSE) and is currently around ₹39.50 as on 2-Nov-2026 3:30 PM, which is approximately -62.4% versus issue price. The 52-week high is ₹105.00.

How to check Alpine Texworld IPO allotment status?

You can check Alpine Texworld IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Alpine Texworld IPO allotment status on Rupix for quick and easy access.

What was the price band of the Alpine Texworld IPO?

₹100 to ₹105 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Alpine Texworld IPO?

One lot was 142 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,910.

What was the minimum investment in the Alpine Texworld IPO?

₹14,910, for one lot of 142 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Alpine Texworld IPO open and close?

It opened on 14 July 2026 and closed on 16 July 2026.

When was the allotment of the Alpine Texworld IPO?

The basis of allotment was published on 17 July 2026 by Kfin Technologies Limited Reservation Category: Ret : 70% HNI : 29% QIB : 1%, and allotted shares were credited to demat accounts before listing.

When did Alpine Texworld list on BSE, NSE?

The shares listed on 21 July 2026 on BSE, NSE, opening at ₹105.

How large was the Alpine Texworld IPO?

The issue size was ₹126.25 crore. The fresh issue was 1,20,24,000 shares (aggregating up to ₹126.25 crore).

How did the Alpine Texworld IPO perform on listing?

It listed at ₹105 against an issue price of ₹105, a gain of 0 percent on listing day.