Alpine Texworld was incorporated on February 26, 2016. The Indian textile industry is a diverse and dynamic sector, spanning natural fibers like cotton, wool, silk, and jute, as well as manufactured and technical textiles. It covers the full value chain from raw material sourcing to garment manufacturing, supporting exports, employment, and India’s global reputation in textiles (Source: CARE Report)
| Bidding Dates |
|---|
| 14 Jul 2026 - 16 Jul 2026 |
| Subscription |
|---|
| 1.4x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,200 | 1 | 13 | 142 | 12.0 M | ₹100 - ₹105 | 68.56 % | ₹1202.4 M - ₹1262.5 M | RHP DOC |
Alpine Texworld IPO SUBSCRIPTION STATUS
16 Jul '26Alpine Texworld IPO overall subscription rate was 1.4 times the total available shares
Alpine Texworld IPO retail subscription rate was 1.54 times in the retail segment
Alpine Texworld IPO non-institutional investor subscription rate was 1.09 times in the non-institutional investor category
Alpine Texworld IPO Qualified Institutional Bidder subscription rate was 1.09 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
16 Jul 2026 (Day 3) | 1.54x | 1.09x | 1.09x |
15 Jul 2026 (Day 2) | 0.86x | 0.65x | 1x |
14 Jul 2026 (Day 1) | 0.25x | 0.31x | 1x |
Alpine Texworld FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 342.7 | 21.7 | 34.0 | -2.2 | 13.8% |
| FY25 | 237.3 | 8.6 | 13.0 | -79.9 | 11.4% |
Alpine Texworld IPO SUBSCRIPTION STATUS DETAILS
Alpine Texworld had 12.0 M shares on offer
Alpine Texworld IPO offer price was in the range ₹100 - ₹105
Alpine Texworld IPO minimum Investment was ₹14200
Alpine Texworld IPO issue size was ₹ 1202.4 M - ₹ 1262.5 M
Alpine Texworld had a minimum lot size of 142 Shares per application
Alpine Texworld NUMBER OF SHARES ON OFFER
Alpine Texworld IPO IMPORTANT DATES
| Issue Open Date | 14 Jul 2026 |
| Issue close Date | 16 Jul 2026 |
| Allotment Date | 17 Jul 2026 |
| Refund Date | 20 Jul 2026 |
| Demat Account Credit Date | 20 Jul 2026 |
| Listing Date | 21 Jul 2026 |
| Listing on Exchange(s) | NSE and BSE |
| Alpine Texworld Allotment Status | Exchange/ Registrar |
Alpine Texworld IPO subscription opened on 14 Jul 2026, and closed on 16 Jul 2026
IPO allotment for Alpine Texworld was finalized on Friday, 17 Jul 2026
IPO listing for Alpine Texworld was on NSE and BSE on Tuesday, 21 Jul 2026
Alpine Texworld IPO LISTING GAINS
| Issue Price (adjusted) | 105.0 |
| Listing Open Price | 105.0 |
| Listing Close Price | 99.8 |
| Listing Gain% | 0.0% |
| Current Gain% | -39.7% |
Alpine Texworld Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Alpine Texworld Ltd. | 63.3 | 242 | 11.3 | 0.1 | 0.7 | 29.4 | 7 | 350.2 | 47.3 | 21.5 | 150 | 5.6 | 150 |
| KPR Mill Ltd. | 1076.7 | 36803.1 | 42.5 | 6.7 | 5.5 | 15.2 | 12.7 | 6784.3 | 5 | 866.5 | 6.3 | 25.4 | 6.3 |
| Vardhman Textiles Ltd. | 606.8 | 17563.9 | 20.7 | -43.8 | 1.7 | 7.1 | 5.4 | 10092.5 | -0.3 | 745.2 | -15.6 | 29.3 | -0.5 |
| Welspun Living Ltd. | 164.1 | 15738.7 | 77 | -1.1 | 1.7 | 4.2 | 2 | 9467.9 | -11.5 | 204.4 | -68 | 2.1 | -68 |
| Arvind Ltd. | 560.6 | 15249.2 | 36.8 | 2.2 | 1.6 | 10.2 | 4.7 | 9359.5 | 11.5 | 413.9 | 17.1 | 15.2 | 17.1 |
| Trident Ltd. | 25.2 | 12831.6 | 32.5 | -3.5 | 1.9 | 7.9 | 5 | 6775.2 | -3.9 | 377.1 | 2 | 0.8 | -9.4 |
Alpine Texworld INFORMATION ON IPO ISSUE
About Alpine Texworld
Alpine Texworld was incorporated on February 26, 2016. The Indian textile industry is a diverse and dynamic sector, spanning natural fibers like cotton, wool, silk, and jute, as well as manufactured and technical textiles. It covers the full value chain from raw material sourcing to garment manufacturing, supporting exports, employment, and India’s global reputation in textiles (Source: CARE Report)
Object of the Issue
- Proposing to finance 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
- Prepayment or repayment, in part or full, of certain outstanding borrowings
- General corporate purposes
Alpine Texworld - PROMOTERS
| Name |
|---|
| Sumit Champalal Agarwal |
| Sandeep Santkumar Agrawal |
| Sachinkumar Santkumar Agrawal |
Alpine Texworld - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sandeep Santkumar Agrawal | Chairman & Managing Director |
| Ratansingh Jethusingh Rajpurohit | Whole-time Director |
| Sumit Champalal Agarwal | Non-Executive Non- Independent Director |
| Piyush Ravishanker Bhatt | Independent Director |
| Jayshree Vikram Patel | Independent Director |
| Deepak Kumar Kewliya | Independent Director |
Alpine Texworld Book Running Lead Manager
D and A Financial Services Private Limited
alpine.ipo@dnafinserv.com
Alpine Texworld Registrar to the Offer
Kfin Technologies Limited
alpine.ipo@kfintech.com
Alpine Texworld Strengths
Automated machines
The textile industry has modernised through automation, using advanced machinery like robotics, sensors, and computerised systems to boost efficiency, precision, and scalability. The company operates a weaving facility with 112 Toyota shuttleless air jet looms (180 lakh metres/year) and a Karl Mayer sizing machine (6,650 MT/year), alongside a spinning facility with four Saurer open-end rotor machines (6,000 tonnes/year)
Specialised in grey fabric manufacture
Gujarat’s favourable agro-climatic conditions and advanced farming techniques make it a leading cotton producer, supplying high-quality raw material that stabilises production costs and boosts competitiveness. Ahmedabad, at the heart of Gujarat’s cotton belt, serves as the state’s textile hub, benefiting from a strategic location, government incentives, and proximity to top cotton-producing districts
Alpine Texworld Risks
Dependent on third party transportation
The company relies on third-party transportation and logistics providers for the supply of raw materials and distribution of finished goods. Any disruption or delay in these services could materially impact its operations and financial performance
Working capital intensive
The company’s operations require high working capital, primarily for inventories and trade receivables. Insufficient working capital or delays in funding could adversely affect its operations and financial condition
Insurance coverage risks
The company’s insurance may not fully cover risks from accidents, equipment failure, natural disasters, or other hazards. Inadequate coverage could lead to significant financial losses
IPO FAQs
The promoters of the company are Sumit Champalal Agarwal, Sandeep Santkumar Agrawal and Sachinkumar Santkumar Agrawal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 100.0 - 105.0.
The IPO application opens on Jul 14, 2026 and closes on Jul 16, 2026.
The minimum lot size for the IPO is 142. The maximum lot size for the IPO is 1846.
For all category investors, the minimum application amount for this IPO is Rs. 14,200.0, the maximum value for this IPO is Rs 193,830.0.
This IPO will be allotted on Jul 17, 2026.
The refund will be credited to your account on Jul 20, 2026.
The allotted shares will be credited to your demat on Jul 20, 2026.
Alpine Texworld Ltd.’s shares listed on the stock exchanges on Jul 21, 2026.