Alpine Texworld Ltd.
ALPINEMainboard
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Overview
Alpine Texworld Limited is an Ahmedabad, Gujarat-based textile manufacturer and trader focused on grey fabric and yarn, with vertically integrated weaving and open-end rotor spinning capabilities and a yarn sizing job-work service. The company operates a weaving and sizing facility (Manufacturing Unit 1) and a spinning facility (Manufacturing Unit 2), has added capacity through its subsidiary Alpine Cottweave LLP’s weaving operations, and has invested in rooftop and ground-mounted solar projects to offset power consumption and support cost efficiency.
Opening Date
Jul 14, 2026
Closing Date
Jul 16, 2026
Listing Date
Jul 21, 2026
IPO Type
Mainboard
IPO Status
Closed
Issue Size
126.25 Cr
Fresh Issue
126.25 Cr
Offer for Sale
0 Cr
Price Band
₹100 - ₹105
Lot Size
142
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
12.68
EPS
8.28
ROE
33.85%
ROCE
17.56%
RONW
29.44%
Debt to Equity Ratio
—
PAT Margin
6.34%
EBITDA Margin
13.84%
P/B
3.78
Bull vs Bear
Bull case
- •
Operational intensity is hard to replicate: weaving output 296.15 lakh metres at 107.30% capacity utilization in Fiscal 2026, indicating efficient assets and process discipline.
- •
Backward integration reduces dependency on outside yarn: spinning unit produced 5,309.84 metric tons at 88.50% capacity utilization in Fiscal 2026.
- •
Relative profitability stands out within peers: RoNW 29.44% in FY26 versus peers at 18.48%, 12.14% and 6.33%, suggesting better capital efficiency in this dataset.
Bear case
- •
Customer concentration is high without firm commitments: top 10 customers contributed 70.33% of revenue (₹2,410.22 million) in FY26, creating negotiation and order-cancellation sensitivity.
- •
The company began Manufacturing Unit 2 operations on March 28, 2025 without CCA; regularization included paying ₹1.98 million to GPCB, indicating compliance-execution risk.
- •
Corporate guarantees of ₹557.50 million back the subsidiary’s bank facilities; a default could require the company to fund obligations, affecting liquidity and leverage.
Net takeaway
At its core this is a bet on scaling a high-utilization textile platform where FY26 PAT margin is 6.34% and revenue from operations is ₹3,427.13 million. If you believe 107.30% weaving utilization can be sustained while expanding, the operating leverage holds; if under-utilization emerges, fixed-cost absorption risk holds. Watch whether concentration improves: top 10 customers stayed around 70.33% of revenue in FY26—any durable reduction or spike matters most over time.
Subscription Rate
Application Details
Frequently Asked Questions about Alpine Texworld Ltd.
Alpine Texworld Limited is an Ahmedabad, Gujarat-based textile manufacturer and trader focused on grey fabric and yarn, with vertically integrated weaving and open-end rotor spinning capabilities and a yarn sizing job-work service. The company operates a weaving and sizing facility (Manufacturing Unit 1) and a spinning facility (Manufacturing Unit 2), has added capacity through its subsidiary Alpine Cottweave LLP’s weaving operations, and has invested in rooftop and ground-mounted solar projects to offset power consumption and support cost efficiency.
The Alpine Texworld Ltd. IPO is scheduled to open for subscription on Jul 14, 2026 and close on Jul 16, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Alpine Texworld Ltd. IPO is ₹100 to ₹105. Investors can place bids within this range once the issue opens.
The minimum lot size for the Alpine Texworld Ltd. IPO is 142 shares. The minimum investment amount ₹14,910.
The total issue size of the Alpine Texworld Ltd. IPO is approximately ₹126.25. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Alpine Texworld Ltd. IPO has been subscribed 1.4 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Alpine Texworld Ltd. IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Alpine Texworld Ltd. are expected to list on stock exchanges on Jul 21, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Alpine Texworld Ltd. IPO are proposed to be used for Our Company intends to utilize the gross proceeds raised through the Issue ('Gross Proceeds'), after deducting the Issue related expenses ('Net Proceeds'), for the following objects (collectively referred to as the 'Objects'):, Proposing 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, Prepayment or repayment, in part or full, of certain outstanding borrowings, General Corporate Purpose.
Before applying for the Alpine Texworld Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
