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InvestmentsIPOAlpine Texworld IPO

Alpine Texworld IPO

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Open Date

14 Jul 2026

Close Date

16 Jul 2026

Min Investment

₹ 14,200

Lot Size

142

Issue Size

₹ 126.25 Cr

Price Range

₹ 100 - ₹ 105

Subscribed

1.4 x
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
14 Jul 2026
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IPO Offer Ends
16 Jul 2026
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Allotment Finalisation
17 Jul 2026
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Refund Initialisation
20 Jul 2026
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Non-Institutional Buyers (sHNI)
20 Jul 2026
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Listing of Shares
21 Jul 2026
IPO Subscription Details as on 13 Nov 2026, 07:37 AM
Qualified Instituational Buyers (QiB)
1.09 x
Retail
1.52 x
Total
1.4 x
Non-Institutional Buyer (bHNI)
0.9 x
Non-Institutional Buyer (sHNI)
1.48 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Alpine Texworld Limited is a vertically integrated textile manufacturer incorporated in February 2016, specializing in manufacturing Grey Fabric and Yarn through weaving and spinning operations. The company operates two manufacturing units in Ahmedabad, Gujarat, with capabilities including 112 high-speed Toyota shuttleless air jet looms for weaving and four open end rotor spinning machines, along with a 97% stake in subsidiary Alpine Cottweave LLP which adds additional weaving capacity.
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Founded In

2016

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Director

Sumit Champalal Agarwal

Financials of Alpine Texworld IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue183.60237.32342.71
Other Income0.830.347.47
Total Income
184.44237.66350.18
Total Expenses
177.76225.82323.28
Profit Before Tax6.6711.8426.89
Total Profit
4.888.6321.72

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company proposes 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. This expansion will increase the installed capacity by lakhs meters per annum and is expected to commence production by March 2027.31
The company intends to utilize the net proceeds towards prepayment and/or repayment of full or part of the principal amount on cash credit facilities and term loans. This will help reduce outstanding indebtedness, maintain favorable debt-equity ratio, and reduce interest outflow.52
The company proposes to deploy balance net proceeds towards general corporate purposes including funding growth opportunities, meeting ongoing corporate expenses, investment in subsidiary, payment of salaries and administration costs, and prepayment of unsecured borrowings, subject to not exceeding % of gross proceeds.-
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  • Strategic Location in Gujarat's Textile Hub: The company is strategically located in Ahmedabad, Gujarat, which is a prominent textile hub with favorable policies and access to high-quality cotton from Gujarat's cotton belt contributing approximately 73 lakh bales in 2025-26 season.
  • Automated Machinery from Global Brands: The company uses automated machineries from global brands including 112 high-speed Toyota shuttleless air jet looms, Karl Mayer sizing machine, and Saurer spinning machines with total weaving capacity of 180 lakh metres annually.
  • Vertical Integration Through Strategic Acquisition: The company acquired 97% stake in Alpine Cottweave LLP adding 96 lakh metres weaving capacity and established backward integration through Manufacturing Unit 2 with 6,000 MT annual spinning capacity.
  • Experienced Promoter Leadership: The company benefits from promoters with over 25 years of textile industry experience (Sumit Champalal Agarwal and Sandeep Santkumar Agrawal) and 14 years experience (Sachinkumar Santkumar Agrawal) collectively holding 90.36% equity.
  • Renewable Energy Infrastructure: The company has installed solar units totaling 9.895 MW capacity (820 KW + 475 KW rooftop + 5.4 MW + 3.6 MW ground-mounted) offsetting power consumption and reducing dependency on grid power.
  • Strong Financial Performance Track Record: The company demonstrated consistent growth with revenue from operations of ₹ 3,427.13 million, EBITDA of ₹ 474.48 million, and PAT of ₹ 217.16 million for Fiscal 2026, showing improving profitability margins.

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