Alpine Texworld Ltd’s Initial Public Offering (IPO) opened for subscription on July 14, 2026.
The textile company plans to raise ₹126.25 crore through the public issue, which will remain open until July 16, 2026.
The IPO consists entirely of a fresh issue of 1.20 crore equity shares.
There is no Offer for Sale (OFS), which means the money raised will go directly to the company.
Alpine Texworld IPO Subscription Status
As of 11:50 AM on the first day of bidding, the IPO was 12% subscribed, with bids received for 14.52 lakh shares.
Here’s how different investor categories responded:
Qualified Institutional Buyers (QIBs): No bids had been received at the time of the update.
Non-Institutional Investors (NIIs): Applied for 5.26 lakh shares out of 34.86 lakh shares, resulting in 0.15 times subscription.
Retail Investors: Bid for 9.25 lakh shares out of 84.16 lakh shares, taking the retail subscription to 0.11 times.
Price Band and Minimum Investment
The company has fixed the IPO price band at ₹100 to ₹105 per share.
The lot size has been set at 142 shares. At the upper price band of ₹105, retail investors will need to invest a minimum of ₹14,910 for one lot.
Important IPO Dates
Investors planning to apply should keep these dates in mind:
IPO Opens: July 14, 2026
IPO Closes: July 16, 2026
Expected Allotment Date: July 17, 2026
Tentative Listing Date: July 21, 2026
The company’s shares are expected to be listed on both the NSE and BSE.
Investor Reservation
Alpine Texworld has reserved its IPO shares as follows:
70% for Retail Investors
29% for Non-Institutional Investors (NIIs)
1% for Qualified Institutional Buyers (QIBs)
About Alpine Texworld Ltd
Alpine Texworld Ltd is engaged in the dyeing and processing of fabrics and supplies textiles to garment manufacturers and traders.
The company operates two manufacturing units with an annual installed capacity of 6,000 metric tonnes of cotton and blended yarn.
It also has 112 high-speed looms used to manufacture denim, suiting, shirting, and ready-for-dyeing (RFD) fabrics.
As part of its sustainability efforts, the company operates a 5.4 MW ground-mounted solar power plant in Banaskantha and an 820 kW rooftop solar system at its manufacturing facility.
How Will the IPO Funds Be Used?
Alpine Texworld plans to use the money raised from the IPO to expand its business.
A major portion of the funds will be invested in setting up a new weaving unit at its proposed Manufacturing Unit 3 in Ahmedabad, Gujarat, which will increase the company’s grey fabric production capacity.
The remaining proceeds will be used to repay or prepay existing loans and meet general corporate expenses.
