Alpine Texworld IPO
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Alpine Texworld IPO details
Schedule of Alpine Texworld
| Issue open date | 14 Jul 2026 |
| Issue close date | 16 Jul 2026 |
| UPI mandate deadline | 16 Jul 2026 (5 PM) |
| Allotment finalization | 17 Jul 2026 |
| Refund initiation | 20 Jul 2026 |
| Share credit | 20 Jul 2026 |
| Listing date | 21 Jul 2026 |
| Mandate end date | 31 Jul 2026 |
| Lock-in end date for anchor investors (50%) | 15 Aug 2026 |
| Lock-in end date for anchor investors (remaining) | 14 Oct 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Alpine Texworld
Alpine Texworld Limited is a textile manufacturing company engaged in the manufacturing and trading of grey fabric and yarn. The company operates in the weaving and spinning segments and also provides yarn sizing services. It follows a vertically integrated manufacturing model, where processed cotton is converted into yarn through open-end spinning, and the yarn is further woven into grey fabric using airjet looms. The company generates revenue primarily from the sale of grey fabric and yarn to customers in the textile value chain. Its operations are supported by two manufacturing units located adjacent to each other in Ahmedabad, enabling operational synergies and efficient production. The company has also invested in rooftop and ground-mounted solar power facilities to partially meet its energy requirements. Additionally, through its subsidiary, it has expanded its weaving capacity as part of its backward integration strategy, strengthening its manufacturing capabilities.
Financials of Alpine Texworld
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 126.25 |
| Fresh Issue – Proceeds go to the company | 126.25 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Set up a new weaving unit in Ahmedabad to expand grey fabric production | 32.08 (25.41%) |
| Repayment or prepayment of certain outstanding borrowings | 52.20 (41.35%) |
| General corporate purposes | 41.97 (33.24%) |
Strengths
- Integrated spinning and weaving operations help improve production efficiency and quality consistency.
- Backward integration has reduced dependence on externally sourced yarn.
- Experienced promoters bring execution capabilities and industry expertise.
- Solar power installations help offset a part of the company’s energy requirements.
- The business serves multiple customers across the textile value chain through grey fabric and yarn manufacturing.
Risks
- Over 70% of revenue comes from the top 10 customers, with no firm long-term commitments.
- The company depends on a limited number of key suppliers for raw materials.
- Fluctuations in cotton and yarn prices can affect production costs and profitability.
- Delays in approvals for the proposed new manufacturing unit could impact expansion plans.
- Most manufacturing facilities and key suppliers are concentrated in Gujarat, exposing the business to location-specific risks.