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News for India > Business > Alpine Texworld IPO: Price band set at ₹100-105 per share; check GMP, key dates, issue details | Stock Market News
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Alpine Texworld IPO: Price band set at ₹100-105 per share; check GMP, key dates, issue details | Stock Market News

Last updated: July 10, 2026 12:03 pm
3 hours ago
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Contents
Alpine Texworld IPO detailsAlpine Texworld IPO GMP todayCompany details

Alpine Texworld IPO price band: The Alpine Texworld Limited IPO price band has been fixed in the range of ₹100 to ₹105 per equity share of the face value of ₹10. The Alpine Texworld IPO date of subscription is scheduled for Tuesday, 14 July and will close on Thursday, 16 July. The allocation to anchor investors for the Alpine Texworld IPO is scheduled to take place on Monday, 13 July.

The Alpine Texworld IPO lot size is 142 equity shares and in multiples of 142 equity shares thereafter.

Alpine Texworld IPO has reserved not more than 1% of the shares in the public issue for qualified institutional buyers (QIB), not less than 29% for non-institutional Institutional Investors (NII), and not less than 70% of the offer is reserved for retail investors.

Tentatively, Alpine Texworld IPO basis of allotment of shares will be finalised on Friday, 17 July and the company will initiate refunds on Monday, 20 July, while the shares will be credited to the demat account of allottees on the same day following refund. Alpine Texworld share price is likely to be listed on BSE and NSE on Tuesday, 21 July.

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Alpine Texworld IPO details

The company plans to raise funds through a fresh issue of 1.2 crore equity shares, with no offer-for-sale (OFS) component.

The IPO proceeds will be primarily utilised to fund the company’s expansion plans, strengthen its balance sheet, and meet general corporate requirements. Of the total proceeds, ₹32.08 crore will be invested in establishing a new weaving unit at Manufacturing Unit 3 in Ahmedabad, Gujarat, to enhance its grey fabric production capacity.

The company has also earmarked ₹52.20 crore for the prepayment or repayment of existing borrowings, which is expected to reduce its debt burden and improve its financial position. The remaining funds will be deployed towards general corporate purposes, including supporting business operations and future growth initiatives.

D&A Financial Services Pvt. Ltd. is acting as the Book Running Lead Manager for the issue, while KFin Technologies Ltd. has been appointed as the registrar.

Also Read | SBI Funds Management IPO: What is the reservation for SBI shareholders?

Alpine Texworld IPO GMP today

Alpine Texworld IPO GMP today is +2. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of the Alpine Texworld share was ₹107 apiece, which is 1.90% higher than the IPO price of ₹105.

Company details

Established in 2016, Alpine Texworld is engaged in the textile industry, specialising in fabric dyeing and processing. The firm focuses on producing high-quality textiles for garment manufacturers, traders, and other participants in the sector.

The company has two manufacturing plants that feature state-of-the-art dyeing and finishing technologies. These facilities enable the production of a diverse array of textile products and have a total capacity of around 6,000 metric tonnes per year for cotton and blended yarn processing.

In addition to textiles, Alpine Texworld has ventured into renewable energy projects. In January 2024, the firm launched an 820 KW rooftop solar installation at its Unit 1 location. This was succeeded by a 5.4 MW ground-mounted solar project in Banaskantha, Gujarat, in March 2025.

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Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



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