Alpine Texworld IPO
ListedMainboardOpens 14 July 2026Closes 16 July 2026
Alpine Texworld Limited, incorporated in February 2016, is a textile processing and fabric dyeing enterprise specializing in the production of high-quality textiles. The company operates two manufacturing facilities…
Alpine Texworld Limited, incorporated in February 2016, is a textile processing and fabric dyeing enterprise specializing in the production of high-quality textiles. The company operates two manufacturing facilities equipped for specialized fabric dyeing and finishing to supply customized solutions to garment manufacturers and traders. It operates 112 high-speed looms capable of producing denim, suiting, shirting, and ready-for-dyeing (RFD) fabrics, maintaining an annual installed capacity of 6,000 MT of cotton and blended yarn. The company holds strategic investments in Alpine Cottweave LLP and has built a prominent captive green energy grid consisting of an 820 kW rooftop solar system and a 5.4 MW ground-mounted solar plant in Banaskantha, Gujarat.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
14 Jul
IPO Closes
16 Jul
Allotment
17 Jul
Listing
21 Jul
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 14 July 2026 |
| IPO Close Date | 16 July 2026 |
| Allotment Date | 17 July 2026 |
| Listing Date | 21 July 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,910 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,93,830 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,08,740 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,98,970 |
BHNIAbove ₹10,00,000 | 68 | ₹10,13,880 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 1.00% |
| NII (Non-Institutional Investor) | 29.00% |
| Retail | 70.00% |
| Total | 100.00% |
IPO Objectives
- Prepayment or repayment, in part or full, of certain outstanding borrowings availed by the Company (₹52.20 Cr).
- Financing 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).
- General Corporate Purposes.
Strengths
- The company delivers Strong Revenue and Profit Compounding, with consolidated total revenue growing by 47% while profit after tax (PAT) surged by 152% year-on-year to touch ₹21.72 Cr in FY26.
- It operates a High Captive Green Energy Moat, leveraging a robust renewable network with an 820 kW rooftop layout and a 5.4 MW ground-mounted solar project to insulate long-term factory utility overheads.
- The business benefits from Advanced Machinery Integration, incorporating automated processing infrastructure sourced from global brands like Toyota to drive down textile defect parameters.
- The firm focuses on Strategic Enterprise Expansion, allocating over 25% of fresh capital lines directly to finance a brand-new Unit 3 weaving plant in Ahmedabad to produce high-margin Grey Fabric.
Weaknesses
- The company struggles with Highly Alarming Balance Sheet Leverage, carrying severe capital-servicing risk with total outstanding borrowings scaling up to ₹177.60 Crores, translating to a dangerously high debt-to-equity ratio of 2.35.
- The offering structures an Unusually Capped QIB Safety Net, creating a structural anomaly by allocating a maximum of just 1.00% to Qualified Institutional Buyers (QIBs), shifting post-listing market stabilization entirely to public retail hands.
- It exhibits Historically Volatile Standalone Sales, with standard standalone financial performance showing prior cyclicality, where total standalone income dipped significantly from ₹238.54 Cr in FY23 down to ₹184.44 Cr in FY24.
- The issue faces Extremely Subdued Gray Market Traction, as unofficial unlisted parallel markets indicate negligible premium demand, opening with a thin tracking premium quote of ₹2 per share.
Financial Performance
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 305.31 | 294.86 | 149.82 | 165.77 |
| Revenue (₹ Cr.) | 350.18 | 237.66 | 184.44 | 238.54 |
| PAT (₹ Cr.) | 21.72 | 8.63 | 4.88 | 1.51 |
| Net Worth (₹ Cr.) | 72.88 | 51.13 | 42.55 | 37.67 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 1x | 1x | 1.09x |
| NII | 0.31x | 0.66x | 1.09x |
| S-HNI | 0.09x | 0.72x | 1.48x |
| B-HNI | 0.43x | 0.63x | 0.9x |
| RII | 0.26x | 0.88x | 1.53x |
| Total | 0.28x | 0.81x | 1.4x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 1,20,240 | 1,31,492 | 1.38 |
| NII | 34,86,960 | 38,13,978 | 40.05 |
| Small NII | 11,62,721 | 17,19,194 | 18.05 |
| Big NII | 23,24,239 | 20,94,784 | 22 |
| RII | 84,16,800 | 1,29,07,942 | 135.53 |
| Total | 1,20,24,000 | 1,68,53,412 | 176.96 |
Company Details
- Alpine Texworld Ltd.
- Block No 614-1105, Village Paldi, Pirana Miroli Road, Paldi Kankaj, Dascroi, Ahmedabad, Gujarat, 382425
- +91 9725309926
- info@aplinetexworld.com
- https://www.alpinetexworld.com/
Registrar Details
- KFin Technologies Limited
- 040-79615565
- alpine.ipo@kfintech.com
- https://ipostatus.kfintech.com/
Frequently Asked Questions
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Alpine Texworld IPO News & Updates
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Alpine Texworld IPO IPO Pages
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Alpine Texworld IPO Details
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Alpine Texworld IPO GMP
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Alpine Texworld IPO Subscription
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Alpine Texworld IPO Allotment
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Alpine Texworld IPO Review
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Sources
We match Alpine Texworld IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- KFin Technologies LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.