eyepio

Alpine Texworld IPO

Alpine Texworld Limited · Textiles

ListedMainboardNSEBSEBook builtFresh issue only
Issue price
₹105per share
Issue size
₹126.25 Cr1,20,24,000 shares
Face value
₹10per equity share
Lot size
142 sharesMin. ₹14,910 at the upper price
  1. Opens
    Tue, 2026
  2. Closes
    Thu, 2026
  3. Allotment
    Fri, 2026
  4. Listing
    Tue, 2026

Dates marked in the offer document as tentative. Times in IST.

Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.

Issue details

Issue type
Book built, fresh issue
Fresh issue
1,20,24,000 shares (₹126.25 Cr)
Offer for sale
None
Total issue
1,20,24,000 shares (₹126.25 Cr)
Face value
₹10
Listing at
NSE, BSE

Source: ProspectusUpdated

Reservation

Share of the total issue
  • Retail70.0%
  • NII29.0%
  • QIB1.0%
CategorySharesOf net offerStated in RHP
Retail individual investors84,16,80070.00%70%
Non-institutional investors (NII)34,86,96029.00%29%
Qualified institutional buyers (QIB)1,20,2401.00%1%

Source: ProspectusUpdated

Lot size

Amounts at ₹105 per share
CategoryLotsSharesAmount
Retail individual investors1142₹14,910

Source: ProspectusUpdated

Subscription

Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.

Valuation

FY 2025-26, pre-issue
EPS (basic)
₹8.18
EPS (diluted)
₹8.18
P/E (FY 2025-26 at Floor Price)
12.22×
P/E (FY 2025-26 at Cap Price)
12.84×
RoNW
29.44%
NAV per share (As at March 31, 2026)
₹27.79
NAV per share (At Issue Price)
₹52.07
Debt to equity
2.35
ROCE
17.56%

Source: ProspectusUpdated

Financials

Consolidated, restated · ₹ crore
RevenueProfit after tax
Period ended31 Mar 2026FY 2025-2631 Mar 2025FY 2024-2531 Mar 2024FY 2023-24
Revenue from operations342.71237.32183.60
Total income350.18237.66184.44
EBITDA47.4527.0019.91
Profit after tax21.728.634.88
Net worth75.4152.9042.55
Reserves and surplus46.6624.9116.33
Total assets305.31294.86149.82
Total borrowing177.60166.0976.47

FY 2025-26 vs FY 2024-25: revenue +44.4%, profit after tax +151.8%.

Source: ProspectusUpdated

About the company

The company is a vertically integrated textile manufacturer in Ahmedabad, Gujarat, producing yarn through spinning and grey fabric through weaving. It operates weaving and spinning units and a subsidiary weaving LLP, and sells mainly grey fabric to textile customers.

Incorporated
2016
Industry
Textiles
CIN
U17120GJ2016PLC086259

Source: ProspectusUpdated

Promoters and shareholders

NameBefore issueAfter issue
Sumit Champalal Agarwal——
Sandeep Santkumar Agrawal——
Sachinkumar Santkumar Agrawal——

Source: ProspectusUpdated

Objects of the issue

₹ crore
PurposeAmount
Setting up a new weaving unit (Proposed Manufacturing Unit 3) in Ahmedabad30.71
Prepayment or repayment of certain outstanding borrowings52.20
General corporate purposes30.39

Source: ProspectusUpdated

Peer comparison

As listed in the offer document
CompanyEPSP/ERoNWNAV per share
Alpine Texworld LimitedIssuer₹8.18—29.44%₹27.79
United Polyfab Gujarat Limited₹1.0731.60×18.48%₹5.78
Ken Enterprises Limited₹6.275.27×12.14%₹51.68
Pashupati Cotspin Limited₹0.66145.21×6.33%₹10.4

Source: ProspectusUpdated

Strengths and risks

Our summary of what the offer document states

Strengths

  • Revenue and profitability grew over the last three fiscal years.
  • Vertically integrated from yarn spinning to grey fabric weaving.
  • Captive solar generation offsets part of power consumption.
  • Promoters have long experience in the textile business.
  • Weaving capacity expanded through acquisition of a subsidiary LLP.

Risks

  • Top ten customers contribute around 70% of revenue with no firm long-term contracts.
  • Corporate guarantees of ₹ 557.50 million given for subsidiary debt.
  • Objects of the issue have not been appraised by any bank or institution.
  • Debt to equity ratio is high at 2.35 for FY 2025-26.
  • Proposed new unit depends on imported machinery and timely execution.

Source: ProspectusUpdated

Contacts

Lead manager
D and A Financial Services Private Limited
SEBI INM000011484
Company
Alpine Texworld Limited
info@alpinetexworld.com
+91 9725309926

Source: ProspectusUpdated

Allotment status

Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.

Allotment
Refunds
Demat credit
Listing

Source: ProspectusUpdated

After listing

Listing price, day-one high and low, and the change from the issue price (₹105) appear here after the shares list on NSE and BSE.

Work out the gain or loss on allotted shares after charges and tax →

Frequently asked questions

When does the Alpine Texworld IPO open and close?

According to the Prospectus, the issue opens on Tuesday, 14 July 2026 and closes on Thursday, 16 July 2026.

What is the Alpine Texworld IPO price band?

The final issue price is ₹105 per share.

What is the lot size of the Alpine Texworld IPO?

One lot is 142 shares, which is ₹14,910 at ₹105 per share.

Where will Alpine Texworld shares list?

On NSE and BSE. The tentative listing date is Tuesday, 21 July 2026.

Who is the registrar of the issue?

KFin Technologies Limited (SEBI registration INR000000221). Allotment status is checked on the registrar's website.

How do I check the Alpine Texworld IPO allotment status?

The basis of allotment is expected to be finalised on Friday, 17 July 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (KFin Technologies Limited), the NSE website or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.

How will the money raised be used?

₹30.71 Cr for setting up a new weaving unit (Proposed Manufacturing Unit 3) in Ahmedabad, ₹52.2 Cr for prepayment or repayment of certain outstanding borrowings, ₹30.39 Cr for general corporate purposes.

Spotted something wrong?

Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.