The Alpine Texworld IPO opens for subscription on July 14.
The price band is fixed between Rs 100 and 105.
Alpine Texworld aims to raise Rs 126.25 crore from investors.
The Alpine Texworld IPO opens for subscription on July 14.
The price band is fixed between Rs 100 and 105.
Alpine Texworld aims to raise Rs 126.25 crore from investors.
Alpine Texworld’s initial public offering (IPO) is slated to open for subscription on July 14. The textile company has set the price band for its upcoming public issue. Here is a look at some key details related to the Alpine Texworld IPO.
Alpine Texworld aims to accumulate Rs 126.25 crore through its public issue. The issue is entirely structured as a fresh issue of 12 million equity shares aggregating to the full Rs 126.25 crore amount. Notably, the issue has no offer for sale (OFS) component. The price band for the issue has been fixed between Rs 100 and Rs 105 per equity share.
Ahead of the opening of the bidding window, shares of the textile maker are trading with a modest premium. According to websites which track the demand for unlisted shares, the company’s shares are currently quoting a premium of Rs 2 over the upper end of the price band, indicating a listing at Rs 107 apiece with a premium of 1.9 per cent.
Retail investors who wish to apply for Alpine Texworld IPO can do so by bidding for a minimum lot of 142 shares, which translates to a minimum investment of Rs 14,910 at the upper end of the price band. The minimum lot size requirement for small non-institutional investors (sNII) stands at 14 lots (1,988 shares), amounting to an investment of Rs 2,08,740. For big non-institutional investors (bNII), the threshold is 68 lots or 9,656 shares, requiring a minimum investment of Rs 10,13,880.
Alpine Texworld has reserved up to 1 per cent of the net issue for the qualified institutional buyer (QIB) category, at least 29 per cent for the non-institutional investor (NII) category, and a substantial portion of not less than 70 per cent of the net offer for retail investors.
The three-day subscription window for the Alpine Texworld IPO will open on July 14 and is set to conclude on July 16. The share allotment status for the public issue is expected to be finalised on July 17. Following the allotment, unsuccessful bidders will receive their refunds or have their blocked funds released on July 20, while successful allottees will get shares credited to their demat accounts on the same day. Alpine Texworld shares are scheduled to be listed on both the BSE and NSE, with a tentative listing date of July 21.
The textile company’s total income surged by roughly 47 per cent, reaching Rs 350.18 crore for the fiscal year ended March 31, 2026, up from Rs 237.66 crore in the fiscal ended March 31, 2025. The firm also registered a profit growth of 152 per cent, with its profit-after-tax climbing to Rs 21.72 crore from Rs 8.63 crore. Additionally, the company's net worth expanded during this period, rising from Rs 51.13 crore in FY25 to Rs 72.88 crore in FY26.
The sole book-running lead manager appointed for the issue is D&A Financial Services Pvt.Ltd. Meanwhile, Kfin Technologies Ltd. is serving as the registrar for the issue.
The company's promoters are Sumit Champalal Agarwal, Sandeep Santkumar Agarwal, and Sachinkumar Santkumar Agarwal. The overall shareholding of the promoters will reduce to 61.96 per cent post-issue, down from their current 90.36 per cent stake before the issue.
Alpine Texworld intends to utilise the net proceeds from the fresh issue to finance the establishment of a new weaving facility (Proposed Manufacturing Unit 3) for producing, unprocessed woven fabric that comes directly off the loom (grey fabric) in Ahmedabad, Gujarat, at an estimated cost of Rs 32.08 crore. Additionally, Rs 52.20 crore from the proceeds will go towards the full or partial repayment of certain outstanding borrowings, while the remainder will be allocated for general corporate purposes
Alpine Texworld is engaged in the dyeing and processing of fabrics. The company has two specialised dyeing and finishing, manufacturing facilities, which have an annual capacity of 6,000 metric tonnes of cotton and blended yarn. The company has 112 high-speed looms and manufactures denim, suiting, shirting, and ready-for-dyeing (RFD) fabrics.