Alpine Texworld Limited is set to launch its Rs 126.25 crore Initial Public Offering (IPO) on July 14, 2026, giving investors an opportunity to participate in the textile manufacturer’s growth journey. The three-day subscription window will remain open until July 16, 2026.
Ahead of the IPO opening, investor interest in the grey market remains moderate. The company’s shares are currently commanding a Grey Market Premium (GMP) of around Rs 2, translating to a 2% premium over the upper price band of Rs 105 per share. Based on the current GMP, the estimated listing price stands at approximately Rs 107 per share.
Alpine Texworld IPO: Price Band and Key Details
Formerly known as Alpine Spinweave, Alpine Texworld is a textile manufacturer specializing in high-quality and durable fabrics used across multiple industries. The company has fixed the IPO price band between Rs 100 and Rs 105 per equity share.
The IPO comprises a fresh issue of 1.2 crore equity shares, with no offer-for-sale (OFS) component. Through the issue, the company aims to raise Rs 126.25 crore to support expansion plans, strengthen its balance sheet, and meet general corporate requirements.
The basis of allotment is expected to be finalized on July 17, 2026. The equity shares are likely to be listed on both the National Stock Exchange of India (NSE) and BSE Limited on July 21, 2026.
Retail investors can bid for a minimum lot size of 142 shares. At the upper price band of Rs 105 per share, the minimum investment requirement comes to Rs 14,910. Investors can apply for additional shares in multiples of the lot size.
The maximum retail application amount at the upper price band is Rs 1,93,830.
Alpine Texworld’s IPO has been priced at 10 times the face value at the lower price band and 10.5 times the face value at the upper price band. Based on the company’s diluted earnings per share (EPS) for FY2026, the IPO is valued at a price-to-earnings (P/E) multiple of 12.22 times at the lower band and 12.84 times at the upper band.
The valuation appears attractive compared with the industry peer average, which currently stands at a significantly higher P/E multiple of around 60.69 times.
D&A Financial Services Pvt. Ltd. is acting as the book-running lead manager for the IPO, while KFin Technologies Ltd. has been appointed as the registrar for the issue.
How Alpine Texworld will use IPO funds
The company plans to utilize the IPO proceeds primarily for capacity expansion, debt reduction, and general corporate purposes.
A significant portion of the funds will be directed towards expanding manufacturing capabilities. Alpine Texworld plans to invest Rs 32.08 crore in setting up a new weaving unit at its proposed Manufacturing Unit 3 in Ahmedabad, Gujarat. The facility is expected to enhance the company’s grey fabric production capacity.
Another Rs 52.20 crore will be used for repayment or prepayment of existing borrowings, helping reduce debt and improve financial flexibility. The remaining funds will support routine business operations and future growth initiatives.
About Alpine Texworld
Established in 2016, Alpine Texworld operates in the textile manufacturing industry with expertise in fabric dyeing and processing. The company produces a wide range of textiles and supplies products to garment manufacturers, traders, and other industry participants.
The company currently operates two manufacturing facilities equipped with modern dyeing and finishing technologies. Together, these facilities have an installed capacity of approximately 6,000 metric tonnes annually for processing cotton and blended yarn.
In addition to textiles, Alpine Texworld has expanded into renewable energy as part of its sustainability initiatives. The company commissioned an 820 KW rooftop solar plant at its Unit 1 facility in January 2024. It later installed a 5.4 MW ground-mounted solar project in Banaskantha, Gujarat, in March 2025.
With its IPO opening, investors will closely track Alpine Texworld’s subscription numbers, grey market trends, valuation, and listing performance to assess market sentiment around the issue.
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