Alpine Texworld IPO To Open On 14 July; Price Band Fixed At ₹100-105

Gujarat-based textile manufacturer Alpine Texworld is set to launch its initial public offering (IPO) on 14 July, making it one of the key mainboard issues scheduled for next week.

The company intends to raise ₹126.25 crore via the fresh issue of 1.20 crore equity shares.

There is no offer-for-sale (OFS) portion in the offering, with all the proceeds to be spent on the company's capital expenditure programme.

Alpine Texworld IPO Details And Important Dates

Alpine Texworld has fixed the price band at ₹100-105 per share, valuing the company at nearly ₹401.5 crore at the upper end of the price band.

The IPO will remain open for subscription from 14 July to 16 July. Share allotment is expected to be finalised on 17 July, while the company's shares are likely to debut on the stock exchanges on 21 July.

Retail investors can apply for a minimum of 142 shares and in multiples of 142 shares thereafter. At the upper price band, the minimum investment works out to ₹14,910, while the maximum investment permitted for retail investors is ₹1,93,830.

The issue size of Alpine Texworld has also been revised lower from the company's original proposal. In its draft red herring prospectus (DRHP), filed with SEBI in September 2025, Alpine Texworld had planned to issue 1.50 crore shares. The market regulator approved the IPO papers in February 2026.

Company Plans Capacity Expansion

Founded in February 2016, Alpine Texworld is engaged in the manufacturing and trading of grey fabric and yarn. The company currently operates two manufacturing facilities in Gujarat.

Its first unit is equipped with 112 shuttleless air-jet looms, giving it an annual weaving capacity of 180 lakh metres of grey fabric. The same facility also houses a multi-cylinder sizing machine capable of processing 6,650 metric tonnes of yarn annually.

The second unit focuses on yarn production and operates four open-end rotor spinning machines, with an annual installed capacity of 6,000 metric tonnes of cotton and blended yarn.

IPO Proceeds To Fund New Manufacturing Unit

A significant portion of the IPO proceeds will be used to establish Manufacturing Unit 3, which will expand the company's grey fabric production capacity.

According to the company, the proposed facility will be built adjacent to its existing manufacturing units, as the current plants are operating close to their optimal capacity utilisation levels.

Apart from funding the new facility, the company also intends to use the proceeds to repay certain borrowings and meet general corporate requirements.

D and A Financial Services is the sole book-running lead manager for the public issue.

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