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The Economic Times
The Economic Times
Business
Ritesh Presswala

Alpine Texworld shares list flat at IPO price of Rs 105 on BSE, NSE

Alpine Texworld IPO

Alpine Texworld shares made a flat D-Street debut on Tuesday, listing at the IPO price of Rs 105 apiece on both the NSE and the BSE. The debut was in line with grey market expectations, which had signalled a subdued start.

Ahead of the listing, Alpine Texworld was commanding a grey market premium (GMP) of around 1%, implying an estimated listing price of about Rs 106 per share, indicating only a marginal listing gain for investors.

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