Alpine Texworld IPO opens today: Check GMP, price band, issue details and valuation

The Rs 126.25 crore Alpine Texworld Limited IPO is witnessing a moderate response from investors on the first day of bidding. As of Day 1, the issue has been subscribed 20%, with investors bidding for 20% of the 1.20 crore shares offered.

The Retail Individual Investors (RIIs) category has been subscribed 16% against the 84.16 lakh shares reserved for retail investors. The three-day subscription window will remain open until July 16, 2026, giving investors additional time to place their bids.

Market interest in Alpine Texworld shares remains steady in the grey market. The company’s shares are currently trading at a Grey Market Premium (GMP) of around Rs 5 per share, indicating a premium of approximately 5% over the upper IPO price band of Rs 105 per share. Based on the current GMP, the estimated listing price is expected to be around Rs 110 per share. However, GMP is an unofficial market indicator and may fluctuate based on market sentiment.

Formerly known as Alpine Spinweave, Alpine Texworld is a textile manufacturer engaged in producing high-quality and durable fabrics catering to multiple industries. The company has fixed the IPO price band at Rs 100–Rs 105 per equity share. The public issue comprises a fresh issue of 1.20 crore equity shares, with no offer-for-sale (OFS) component.

Through the IPO, Alpine Texworld aims to raise Rs 126.25 crore, which will be used to support expansion plans, strengthen its financial position, and meet general corporate requirements.

The Alpine Texworld IPO opened for subscription on July 14, 2026, and the bidding window will remain open until July 16, 2026. The basis of allotment is expected to be finalized on July 17, 2026. The equity shares are likely to be listed on July 21, 2026, on both the National Stock Exchange of India (NSE) and BSE Limited.

Retail investors can apply for a minimum lot size of 142 shares. At the upper price band of Rs 105 per share, the minimum investment required is Rs 14,910.

Investors can apply for additional shares in multiples of the lot size. The maximum retail investment at the upper price band is Rs 1,93,830.

Alpine Texworld IPO subscription update

Alpine Texworld’s IPO has witnessed an overall subscription of 20% by 1:00 PM on Day 1, with bids received for 20% of the 1.20 crore shares on offer.

Retail Individual Investors (RIIs): 16% subscribed against 84.16 lakh shares reserved.

Non-Institutional Investors (NIIs): 28% subscribed against 34.86 lakh shares reserved.

Qualified Institutional Buyers (QIBs): No bids received yet for the 1.20 lakh shares allocated to the category.

Alpine Texworld IPO GMP today

Alpine Texworld’s IPO is currently commanding a Grey Market Premium (GMP) of around Rs 5 per share, reflecting a premium of nearly 5% over the upper price band of Rs 105. Based on the prevailing GMP, the stock is expected to list at an estimated price of around Rs 110 per share. Note: Grey Market Premium is an unofficial market indicator and should not be considered a guarantee of the IPO’s listing performance.

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