About Alpine Texworld IPO
Alpine Texworld IPO
The Alpine Texworld IPO is a 100% book-built issue of 1.20 crore equity shares, entirely a fresh issue of shares worth up to ₹126 crore, with a face value of ₹10 each. The company filed its DRHP with SEBI on Sep 26, 2025.
The price band of the issue is set at ₹100 to ₹105 per share and the lot size for an application is 142 shares. The minimum amount of investment required by an individual investor is ₹14,910 (142 shares). The IPO will be open for subscription from July 14 to 16, 2026, on the BSE and the NSE platforms, with a tentative listing date fixed as July 21, 2026. 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 for the offer.
Alpine Texworld IPO Date & Timeline
The Alpine Texworld IPO is officially set to open for subscription on Jul 14, 2026 and will close on Jul 16, 2026. The company initially filed its Draft Red Herring Prospectus (DRHP) on Sep 26, 2025 and has now finalized its schedule following SEBI approval. Once the subscription window closes, allotment is expected on Jul 17, 2026. Following this, the firm will initiate refunds and credit shares to successful investors' demat accounts on Jul 20, 2026. Finally, shares of Alpine Texworld Ltd. are tentatively scheduled to list on the stock exchanges on Jul 21, 2026.
Alpine Texworld IPO Timeline
| IPO Open Date | Tue, Jul 14, 2026 |
| IPO Close Date | Thu, Jul 16, 2026 |
| Tentative Allotment | Fri, Jul 17, 2026 |
| Initiation of Refunds | Mon, Jul 20, 2026 |
| Credit of Shares to Demat | Mon, Jul 20, 2026 |
| Tentative Listing Date | Tue, Jul 21, 2026 |
| Cut-off time for UPI mandate confirmation | - |
Alpine Texworld IPO Details
| Detail | Description |
|---|---|
| IPO Date | 14 to 16 Jul, 2026 |
| Listing Date | 21 Jul, 2026 |
| Face Value | ₹ 10 per Equity Share |
| Issue Price Band | ₹ 100 to ₹ 105 |
| Lot Size | 142 Shares |
| IPO Type | Fresh capital only |
| Total Issue Size | 1,20,24,000 shares (agg. up to ₹ 126 Cr) |
| Fresh Issue(Ex Market Maker) | 1,20,24,000 shares (agg. up to ₹ 126 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,62,23,000 shares |
| Share Holding Post Issue | 3,82,47,000 shares |
Alpine Texworld IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Alpine Texworld IPO GMP is currently trading at ₹1, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹106, which is 0.95% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
Alpine Texworld GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 17 Jul 2026 | ₹105 | ₹1 | 17 Jul, 202610:27 AM |
| 16 Jul 2026 | ₹105 | ₹2 | 16 Jul, 202612:26 PM |
| 15 Jul 2026 | ₹105 | ₹7 | 15 Jul, 202610:46 AM |
| 14 Jul 2026 | ₹105 | ₹5 | 14 Jul, 202609:49 AM |
| 13 Jul 2026 | ₹105 | ₹2 | 13 Jul, 202610:16 AM |
| 12 Jul 2026 | ₹105 | ₹2 | 13 Jul, 202610:16 AM |
| 11 Jul 2026 | ₹105 | ₹2 | 11 Jul, 202609:48 AM |
| 10 Jul 2026 | ₹105 | ₹2 | 10 Jul, 202609:48 AM |
| 09 Jul, 2026 | ₹105 | ₹0 | 09 Jul, 202610:28 AM |
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.
Alpine Texworld IPO Financial Information
Latest Revenue
237.32
₹ Crore
Profit After Tax
8.63
₹ Crore
Net Worth
51.13
₹ Crore
Total Borrowing
166.09
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 294.86 | 237.32 | 8.63 | 51.13 | 24.91 | 166.09 | |||
| 31 Mar 2024 | 149.82 | 183.60 | 4.88 | 42.55 | 16.33 | 76.47 | |||
| 31 Mar 2023 | 165.77 | 236.87 | 1.51 | 37.67 | 11.45 | 90.74 | |||
| Amount in ₹ Crore | |||||||||
Alpine Texworld 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 | 2.26 |
| P/E (x) | 31.92 | 46.56 |
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
Alpine Texworld IPO Review
Alpine Texworld Ltd., a Gujarat-based textile company engaged in fabric dyeing, processing, and grey fabric manufacturing. The business operates vertically integrated facilities equipped with automated air jet looms and yarn spinning infrastructure while investing in captive solar power initiatives.
Financially, the company has demonstrated strong top-line and bottom-line growth, reporting revenue from operations of ₹342.71 crore and a net profit of ₹21.45 crore in FY26. This performance reflects a 150% year-on-year surge in net profit alongside healthy operational margins.
However, investors must be aware of both side of the company, from key strengths to potential risks. Key strengths include advanced automated machinery, robust backward integration via subsidiary operations, and strategic location advantages in Gujarat's textile hub. Conversely, main risks stem from substantial borrowing levels, regulatory approval dependencies for facility expansions, and susceptibility to raw material cost fluctuations.
Overall, this IPO shows a fair valuation at a P/E multiple of around 12.8x and a track record of expanding profit margins; the company presents a compelling growth profile. Investors seeking exposure to the textile sector may consider subscribing to this issue with a medium-to-long-term investment horizon.
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.
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Competitive Strengths
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.
Download regulatory filings
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 142 | 14910 |
| Individual investors (Retail) (Max) | 13 | 1846 | 193830 |
| S-HNI (Min) | 14 | 1988 | 208740 |
| S-HNI (Max) | 67 | 9514 | 998970 |
| B-HNI (Min) | 68 | 9656 | 1013880 |