Raajmarg Infra Investment Trust IPO...
05 Mar, 2026
Alpine Texworld IPO
The Alpine Texworld IPO is a book-built issue that includes a fresh issue of up to 1.50 crore equity shares with a face value of ₹10 each. The company filed its DRHP with SEBI on Sep 26, 2025.
The price band and official date of subscription and listing will be announced by the company later. The book-running lead manager of this issue is D and A Financial Services Private Ltd., while KFin Technologies Ltd. is acting as the registrar to the offer.
Company Background
Alpine Texworld Ltd. was established on February 26, 2016, under the name "Alpine Spinweave Private Limited." This signaled the start of its adventure in the Gujarati city of Ahmedabad. The company changed from being a private company to a public limited company to proceed with its IPO journey.
In February 2025, the company changed its name to 'Alpine Texworld Limited,' marking a major move towards its vision to diversify operations in the textile industry, which originally focused on the spinning and weaving segment. Ahmedabad is the headquarters and at the same time, the hub for the company.
Operations & Product Range
Alpine Texworld Ltd. is an integrated textile manufacturing company, mainly involved in spinning and weaving operations. The core activity of the company is the production and sale of textile products along with the provision of services. The company has expanded its operations through its subsidiary, Alpine Cottweave LLP. The company derives its revenue from the sale of products, services related to the textile industry and government subsidies for the textile industry.
Facilities & Capacity
The production facilities of Alpine Texworld Ltd. include specialized machinery for spinning and weaving, as well as manufacturing units in Gujarat, a major textile hub in India. This issue aims to focus on future capacity expansion with plans for a “Proposed Manufacturing Unit 3.”
Brands & Market Presence
Alpine Texworld Ltd. functions under the banner of "Excellence in Textiles," reflecting its concentration on quality and manufacturing. Although its main activities are domestic, the industry in which the company operates is of great importance at both national and international levels. The company has been able to establish its presence in the market by maintaining a consistent revenue stream from its main activities, as the company was able to report a revenue of ₹237.3 crore from its operations in FY25.
Revenue Streams & Business Model
Alpine Texworld Ltd. makes its revenues from its operations in the textile value chain, serving its customers in India. The business model of the company is related to manufacturing and selling textile products, but it is not clear what segment-wise revenues and export percentages are from the given excerpts. All operations of Alpine Texworld Ltd. are carried out within India.
Management & Shareholding
Alpine Texworld Ltd. is promoted by Sumit Champalal Agarwal, Sandeep Santkumar Agrawal and Sachinkumar Santkumar Agrawal. These individuals have been instrumental in the company's evolution and strategic direction. Before the IPO, the promoter group held a significant portion of the company, but even after this issue, the promoter will lose no stake but see dilution in the ownership of the company, as this issue is an entirely fresh offering.
Board & Key Management
The board of Alpine Texworld Ltd. is led by Sandeep Santkumar Agrawal (Chairman & MD). Sumit Champalal Agarwal is a non-executive director, while independent directors Piyush Ravishankar Bhatt and Deepak Kumar Kewliya provide governance oversight. Ratansingh Rajpurohit is the Whole-Time Director, CFO Hardik Soni oversees financial strategy and CS Pooja Jogani ensures regulatory compliance as the company prepares for its IPO.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Alpine Texworld IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Alpine Texworld IPO Details
| Detail | Description |
|---|---|
| IPO Date | - |
| Listing Date | - |
| Face Value | ₹10 per Equity Share |
| Issue Price Band | - |
| Lot Size | - |
| Sale Type | 100% Book Built Issue |
| Total Issue Size | Up to 1,50,00,000 Equity Shares |
| Fresh Issue(Ex Market Maker) | Up to 1,50,00,000 Equity Shares |
| Issue Type | Fresh Issue |
| Listing At | NSE and BSE |
| Share Holding Pre Issue | 2,62,23,000 shares |
| Share Holding Post Issue | 4,12,23,000 shares |
Alpine Texworld IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | - |
| IPO Close Date | - |
| Tentative Allotment | - |
| Initiation of Refunds | - |
| Credit of Shares to Demat | - |
| Tentative Listing Date | - |
| Cut-off time for UPI mandate confirmation | 5:00 PM on the Bid/Issue Closing Date |
Alpine Texworld IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | - | ~₹14,000 - ₹15,000 |
| Individual investors (Retail) (Max) | 13-14 | - | Up to ₹2,00,000 |
| S-HNI (Min) | 14-15 | - | Over ₹2,00,000 |
| S-HNI (Max) | 66-70 | - | Up to ₹10,00,000 |
| B-HNI (Min) | 71+ | - | Over ₹10,00,000 |
Alpine Texworld IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 100% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Integrated manufacturing facility for better quality control.
- • Strategic Location–The project is located in the state of Gujarat, which is famous for its proximity to the availability of raw materials, along with the logistics of the textile industry.
- • The promoters have their roots in the textile industry.
Alpine Texworld IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2025 (Consolidated) | 294.86 | 256.40 | 8.63 | 51.13 | 24.91 | 166.09 | ||||||||||||||||||||||||||||||||||
| FY 2024 (Standalone) | 149.82 | 226.78 | 4.88 | 42.55 | 16.33 | 76.47 | ||||||||||||||||||||||||||||||||||
| FY 2023 (Standalone) | 165.77 | 238.47 | 1.51 | 37.67 | 11.45 | 90.74 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 18.08% |
| ROCE | 12.18% |
| Debt/Equity | 3.14x |
| RoNW | 16.78% |
| PAT Margin | 3.63% |
| EBITDA Margin | 11.38% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ₹3.29* | [.] |
| P/E (x) | [.] | [.] |
IPO Objectives
The company intends to use the proceeds from the Alpine Texworld IPO for several goals:
- • Funding the development and setup of "Proposed Manufacturing Unit 3."
- • General Corporate Purposes
Conclusion
The Alpine Texworld IPO is an opportunity for investors to invest in a growing company that has positioned itself as a growing integrated player in India's vibrant textile sector. From its origins as a small spinning unit to its current status as a public-ready textile entity, the company has focused on building an integrated model. With this issue, the focus of the company will remain the expansion of its manufacturing capacity along with diversification to attain a wider market share in the textile industry.
IPO DRHP Status
| # | Description | Date | File |
|---|---|---|---|
| 1 | Filed with SEBI/Exchange | 27-09-2025 | View DRHP |
| 2 | SEBI/Exchange approval received | 20-02-2026 | - |
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Read More IPO ReviewsFrequently Asked Questions (FAQs)
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What is the total issue size of the Alpine Texworld IPO?
The issue size consists of a fresh issue of up to 1.50 crore equity shares.
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Who are the lead managers for the Alpine Texworld IPO?
The lead manager of this issue is D and A Financial Services Private Ltd.
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What is the primary business of Alpine Texworld Ltd.?
The company is primarily involved in the integrated manufacturing of textiles, specifically focusing on spinning and weaving activities.
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Where is Alpine Texworld Ltd. headquartered?
The headquarters of the company is in Ahmedabad, Gujarat.
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Does the Alpine Texworld IPO include an offer for sale?
No, this issue doesn’t contain any offer for sale (OFS).
