Alpine Texworld IPO GMP today is Rs 10. Investors can use this GMP along with price band and subscription status for a better IPO review.
Open
Mainboard IPO
ALPINE
Alpine Texworld
Alpine Texworld Limited is a textile manufacturing company engaged in the manufacturing and trading of grey fabric and yarn. The company operates in the weaving and spinning segments and also provides yarn sizing services. It follows a vertically integrated manufacturing model, where processed cotton is converted into yarn through open-end spinning, and the yarn is further woven into grey fabric using airjet looms. The company generates revenue primarily from the sale of grey fabric and yarn to customers in the textile value chain. Its operations are supported by two manufacturing units located adjacent to each other in Ahmedabad, enabling operational synergies and efficient production. The company has also invested in rooftop and ground-mounted solar power facilities to partially meet its energy requirements. Additionally, through its subsidiary, it has expanded its weaving capacity as part of its backward integration strategy, strengthening its manufacturing capabilities.
IPO Details
Complete IPO information
| Current GMP | ₹10 |
|---|---|
| Estimated Listing Gain | +9.52% |
| Price Band | ₹100.00 - ₹105.00 |
| Issue Price | ₹105.00 |
| Listing Price | TBA |
| Lot Size | 142 Shares |
| Issue Type | Mainboard |
| Issue Size | Approx ₹126.25 Cr |
| Registrar | TBA |
| Exchange | BSE, NSE |
| Retail Quota | TBA |
| Overall Subscription | 0.8x |
| Listing Date | 21 Jul 2026 |
| Minimum Investment | ₹14,910 |
Timeline
IPO roadmap at a glance
01
Bidding Opens
14 Jul 2026
02
Bidding Closes
16 Jul 2026
03
Allotment
17 Jul 2026
04
Listing
21 Jul 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 16 July | ₹0 | - | -% |
| 15 July | ₹0 | -₹5.00 | -% |
| 14 July | ₹5 | +₹3.00 | 4.76% |
| 13 July | ₹2 | - | 1.90% |
| 11 July | ₹2 | - | 1.90% |
| 10 July | ₹2 | - | 1.90% |
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 142 | ₹14,910 |
| Retail Maximum | 13 Lot | 1,846 | ₹1,93,830 |
| S-HNI Minimum | 14 Lot | 1,988 | ₹2,08,740 |
| S-HNI Maximum | 67 Lot | 9,514 | ₹9,98,970 |
| B-HNI Minimum | 68 Lot | 9,656 | ₹10,13,880 |
Issue Notes
Important takeaways before applying
Strengths
- Integrated spinning and weaving operations help improve production efficiency and quality consistency.
- Backward integration has reduced dependence on externally sourced yarn.
- Experienced promoters bring execution capabilities and industry expertise.
- Solar power installations help offset a part of the company’s energy requirements.
- The business serves multiple customers across the textile value chain through grey fabric and yarn manufacturing.
Risks
- Over 70% of revenue comes from the top 10 customers, with no firm long-term commitments.
- The company depends on a limited number of key suppliers for raw materials.
- Fluctuations in cotton and yarn prices can affect production costs and profitability.
- Delays in approvals for the proposed new manufacturing unit could impact expansion plans.
- Most manufacturing facilities and key suppliers are concentrated in Gujarat, exposing the business to location-specific risks.
Analysis
Alpine Texworld IPO Details
Alpine Texworld Limited is launching its Initial Public Offering (IPO) through the book-building route. The issue consists entirely of a fresh issue of equity shares, enabling the company to raise capital for its business expansion plans, operational requirements, and other corporate objectives.
The shares of Alpine Texworld Limited are proposed to be listed on both the BSE and NSE. Investors can apply for the IPO during the subscription period within the specified price band through ASBA and UPI-supported applications.
| Particular | Details |
|---|---|
| Alpine Texworld IPO Open Date | July 14, 2026 |
| Alpine Texworld IPO Close Date | July 16, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹100 to ₹105 Per Share |
| Issue Size | Approx ₹126.25 Crores |
| Fresh Issue | Approx ₹126.25 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE, NSE |
Analysis
Alpine Texworld IPO Reservation
Alpine Texworld Limited has reserved its IPO shares across different investor categories in accordance with the applicable SEBI regulations. The allocation framework is designed to ensure participation from Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).
While the exact number of shares reserved for each category will be announced in the final allocation, the percentage distribution among investor categories has been specified in the offer structure as shown below.
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 1% |
| NII Shares Offered | – Shares | 29% |
| Retail Shares Offered | – Shares | 70% |
Analysis
Alpine Texworld IPO Dates
The Alpine Texworld IPO will open for subscription on July 14, 2026 and close on July 16, 2026. During this period, eligible investors can submit their applications through the ASBA facility or UPI-supported applications offered by registered brokers and banks.
The basis of allotment is expected to be finalized on July 17, 2026. Refunds for unsuccessful applicants and credit of equity shares to successful bidders' demat accounts are scheduled for July 20, 2026. The shares of Alpine Texworld Limited are proposed to be listed on the BSE and NSE on July 21, 2026.
| Event | Date |
|---|---|
| IPO Open Date | July 14, 2026 |
| IPO Close Date | July 16, 2026 |
| Basis of Allotment | July 17, 2026 |
| Refunds Initiation | July 20, 2026 |
| Credit to Demat Account | July 20, 2026 |
| IPO Listing Date | July 21, 2026 |
Analysis
Alpine Texworld IPO Promoters and Holding Pattern
The promoters of Alpine Texworld Limited are Sumit Champalal Agarwal, Sandeep Santkumar Agarwal, and Sachinkumar Santkumar Agarwal. The promoter group has played an important role in establishing the company's business and driving its growth in the textile manufacturing industry.
Prior to the IPO, the promoters hold a controlling stake in the company. Following the completion of the fresh issue, the promoter shareholding will reduce due to the issuance of new equity shares, while the promoters are expected to continue retaining majority ownership and management control.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 2,62,23,000 | 90.36% |
| Promoter Holding Post Issue | 3,82,47,000 | 61.96% |
Note: The post-issue promoter shareholding reflects dilution arising from the fresh issue of equity shares under the IPO while the promoters continue to hold a majority stake in the company.
Analysis
Alpine Texworld IPO Objects of the Issue & Utilisation of Proceeds
Alpine Texworld Limited intends to utilize the net proceeds from the IPO to strengthen its manufacturing infrastructure and improve its financial position. A substantial portion of the funds will be invested in establishing a new weaving unit at the company's proposed Manufacturing Unit 3 in Ahmedabad, Gujarat, to expand its grey fabric production capacity and support future business growth.
The company will also use a part of the proceeds to repay or prepay certain outstanding borrowings, thereby reducing its debt burden and finance costs. The remaining funds, if any, will be utilized for general corporate purposes to support ongoing business operations and strategic initiatives.
| Purpose | Amount |
|---|---|
| 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 Crores |
| Prepayment or repayment, in part or full of certain outstanding borrowings | ₹52.20 Crores |
| General Corporate Purpose | ₹- |
Note: The proposed utilization of IPO proceeds is based on the company's offer document. The actual deployment of funds will be carried out in accordance with the stated objectives and applicable regulatory guidelines.
Analysis
Alpine Texworld - About IPO
To be updated soon
Analysis
Alpine Texworld IPO Company Financial Report
Alpine Texworld Limited has demonstrated strong financial growth in the latest reported financial year. The company recorded a significant increase in revenue and profitability, supported by improved operational efficiency and expanding business activities. Its steady growth in assets also reflects continued investment in strengthening manufacturing capabilities.
The table below highlights the company's reported financial performance, including revenue, expenses, profit after tax (PAT), and total assets for the periods preceding the IPO.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2025 | ₹237.66 | ₹225.82 | ₹8.63 | ₹294.86 |
| 2026 | ₹350.18 | ₹323.28 | ₹21.72 | ₹305.31 |
Amount in ₹ Crores: The above financial figures are based on the company's reported financial statements and are intended to provide investors with an overview of Alpine Texworld Limited's financial performance before the IPO.
Analysis
Alpine Texworld IPO Valuation – FY2026
The valuation metrics of Alpine Texworld Limited provide investors with an overview of the company's profitability, operational efficiency, leverage, and net worth before the IPO. Key indicators such as Earnings Per Share (EPS), Return on Equity (ROE), Return on Net Worth (RoNW), Net Asset Value (NAV), and debt-to-equity ratio help assess the company's financial strength and valuation.
Based on the FY2026 financial statements, Alpine Texworld Limited has reported healthy profitability with improving returns to shareholders. The following table summarizes the company's key valuation metrics ahead of its public issue.
| KPI | Values |
|---|---|
| ROE | 33.85% |
| ROCE | 17.56% |
| EBITDA Margin | 13.84% |
| PAT Margin | 6.34% |
| Debt to Equity Ratio | 2.35 |
| Earning Per Share (EPS) | ₹8.18 (Basic) |
| Price/Earning (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 29.44% |
| Net Asset Value (NAV) | ₹27.79 |
Note: The above valuation metrics are based on the FY2026 financial statements of Alpine Texworld Limited. Investors should also evaluate the company's financial performance, industry outlook, risk factors, and IPO pricing before making any investment decision.
Analysis
Alpine Texworld IPO Peer Group Comparison
Comparing Alpine Texworld Limited with other listed textile companies helps investors understand its competitive position within the industry. Financial metrics such as Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), Net Asset Value (NAV), and total income provide useful insights into the profitability, valuation, and financial performance of comparable businesses.
The table below compares Alpine Texworld Limited with selected peer companies operating in the textile sector. Investors should review these metrics together with the company's business model, growth strategy, financial performance, and IPO valuation before making an investment decision.
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| United Polyfab Gujarat Limited | 1.07 | 31.60 | 18.48% | 5.78 | 682.04 Cr. |
| Ken Enterprises Limited | 6.27 | 5.27 | 12.14% | 51.68 | 631.82 Cr. |
| Pashupati Cotspin Limited | 0.66 | 145.21 | 6.33% | 10.40 | 687.81 Cr. |
Note: The peer comparison is provided for informational purposes only. Investors should evaluate these financial metrics along with Alpine Texworld Limited's business fundamentals, growth prospects, industry outlook, and IPO pricing before making an investment decision.
Analysis
IPO Lead Managers aka Merchant Bankers
- D&A Financial Services Pvt. Ltd.
FAQ
Alpine Texworld IPO FAQs
Alpine Texworld IPO price band is Rs 100.00 to Rs 105.00. Check the latest issue price, lot size and GMP together before applying.
Alpine Texworld IPO open date is 14 Jul 2026, close date is 16 Jul 2026, and listing date is 21 Jul 2026.
Alpine Texworld IPO lot size is 142 shares. The minimum retail investment is Rs 14,910.
Alpine Texworld is classified as a Mainboard. This helps investors quickly understand the issue category and exchange segment.
Alpine Texworld IPO subscription status currently shows Retail 0.86x, QIB 1x, Overall 0.8x.
Alpine Texworld Limited is a textile manufacturing company engaged in the manufacturing and trading of grey fabric and yarn. The company operates in the weaving and spinning segments and also provides yarn sizing services. It follows a vertically integrated manufacturing model, where processed cotton is converted into yarn through open-end spinning, and the yarn is further woven into grey fabric using airjet looms. The company generates revenue primarily from the sale of grey fabric and yarn to customers in the textile value chain. Its operations are supported by two manufacturing units located adjacent to each other in Ahmedabad, enabling operational synergies and efficient production. The company has also invested in rooftop and ground-mounted solar power facilities to partially meet its energy requirements. Additionally, through its subsidiary, it has expanded its weaving capacity as part of its backward integration strategy, strengthening its manufacturing capabilities.
Alpine Texworld IPO issue size is 126.25 and the expected allotment date is 17 Jul 2026.