Summary of this article
Alpine Texworld IPO was oversubscribed 1.37 times on day three.
The current grey market premium stands at three rupees.
Share allotment for the public issue finalizes on July 17.
The subscription window for Alpine Texworld’s initial public offering (IPO) is set to close on July 16. The IPO was subscribed 1.37 times on the final day of subscription. The grey market premium (GMP) for the fabric processor hints at a modest debut for the stock. Here is a look at some of the key details related to the public issue:
Alpine Texworld IPO GMP
The GMP of the shares experienced a slight decline on the final day of bidding. It is currently at Rs 3, signalling low demand according to websites monitoring unlisted market trends. At the upper end of the price band, the stock is expected to list at Rs 108 per share with a premium of 2.86 per cent.
Alpine Texworld IPO Subscription On Day 3
On the third day of subscription, the IPO was oversubscribed 1.37 times. Cumulatively, the company received bids for 16.49 million shares compared to the 12 million shares on offer. On the third day of bidding, the IPO was booked 1.09 times by non institutional investors (NIIs) as they placed steady bids for the company’s shares, bidding for 3.80 million shares against the 3.48 million shares set aside for the category.
Qualified institutional buyers (QIBs) subscribed to the issue 1.09 times, placing bids for 131,000 shares against the 120,000 shares set aside for them. Retail investors booked their quota 1.49 times, bidding for 12.55 million shares against the 8.41 million shares reserved for them.
Retail investors booked their quota in the public issue 1.49 times as they bid for 12.55 million shares compared to the 8.41 million shares reserved for them.
Alpine Texworld IPO Issue Size
Alpine Texworld seeks to raise Rs 126.25 crore from its public issue. The issue comprises an entirely fresh issue of 12 million shares.
Alpine Texworld IPO Price Band
The Alpine Texworld IPO price band was set at Rs 100 to Rs 105 per share. The minimum lot size for retail individual investors was set at 142 shares, which amounts to an investment of Rs 14,910.
Alpine Texworld IPO Subscription Dates and Listing Date
The Alpine Texworld IPO subscription window opened on July 14 and is scheduled to close today on July 16. The basis of allotment will be announced on July 17. Alpine Texworld will issue refunds and credit shares to successful applicants on July 20. Alpine Texworld shares are scheduled to list on the NSE and BSE on July 21.
Alpine Texworld Key Financials
Alpine Texworld posted a total income of Rs 350.18 crore in the period ended March 31, 2026 up by over 47 per cent compared to Rs 237.66 crore in the preceding fiscal. The profit-after-tax (PAT) of the company stood at Rs 21.72 crore in the same period, increasing by over 151 per cent compared to Rs 8.63 crore in the preceding fiscal. The networth of the company stood at Rs 72.88 crore increasing by over 42 per cent compared to Rs 51.13 crore in the preceding fiscal.
Alpine Texworld IPO Registrar
The registrar for the Alpine Texworld IPO is Kfin Technologies, and the book running lead manager for the issue is D and A Financial Services.
Alpine Texworld Promoters
The promoters of the company include Sumit Champalal Agarwal, Sandeep Santkumar Agarwal and Sachinkumar Santkumar Agarwal. Theyheld a 90.36 per cent stake in the company prior to the offering; their shareholding will reduce to 61.96 per cent post the issue.
About Alpine Texworld
Alpine Texworld is a textile processor which specialises in dyeing and processing fabrics. The company operates two manufacturing units equipped for specialised dyeing and finishing, producing a range of textiles such as denim, suiting, shirting and ready for dyeing fabrics. The company has an annual installed capacity of 6,000 MT of cotton and blended yarn.
