Alpine Texworld IPO is a book-built public issue worth ₹126.25 crore, comprising a fresh issue of 1.20 crore equity shares with no offer-for-sale component. The IPO will remain open for subscription from July 14 to July 16, 2026. The basis of allotment is expected to be finalised on July 17, 2026, while the shares are tentatively scheduled to list on the BSE and NSE on July 21, 2026.
Industry Outlook
The Indian textile industry has been witnessing steady growth, supported by technological advancements, government initiatives, and rising demand for apparel and textile products. Several factors are driving the sector's expansion:
- Adoption of modern technologies through government-backed capital incentive schemes.
- Development of integrated textile clusters under initiatives such as the PM MITRA programme.
- Rising institutional demand for high-quality yarn and processed grey fabrics.
- Increased focus on reducing production costs by using captive renewable energy sources.
- Diversification of global supply chains, creating opportunities for Indian textile manufacturers.
- Despite these growth opportunities, the industry continues to face challenges such as fluctuations in raw material prices, changing global trade dynamics, varying energy costs, and liquidity pressures in textile clusters.
Alpine Texworld IPO Objectives
The company plans to utilise the net proceeds from the IPO for the following purposes:
- Setting up a new weaving unit: Invest ₹32.08 crore to establish Manufacturing Unit 3 in Ahmedabad, Gujarat, to expand grey fabric production capacity.
- Debt repayment: Allocate ₹52.20 crore towards the prepayment or repayment of certain outstanding borrowings.
- General corporate purposes: Use the remaining funds to support the company's general business and operational requirements.
About Alpine Texworld Limited
Incorporated in February 2016, Alpine Texworld Ltd. is engaged in the dyeing, processing, and manufacturing of textile fabrics, with a focus on delivering high-quality products. The company operates two manufacturing facilities equipped with advanced dyeing and finishing infrastructure, enabling it to cater to garment manufacturers and textile traders. It has an annual installed capacity of 6,000 MT of cotton and blended yarn and operates 112 high-speed looms for the production of denim, suiting, shirting, and ready-for-dyeing (RFD) fabrics.
Alpine Texworld also places significant emphasis on sustainability through its renewable energy initiatives. The company operates a 5.4 MW ground-mounted solar power plant in Banaskantha and an 820 kW rooftop solar system at its manufacturing facility, helping improve energy efficiency and reduce operating costs. As of March 31, 2026, the company had 164 employees.
The company's key strengths include its modern manufacturing infrastructure featuring automated machinery from leading global brands, strategic investment in Alpine Cottweave LLP, experienced promoters, and a strong financial track record. It is also well-positioned to benefit from the growing demand in the textile industry.
How To Check the Allotment Status of the Alpine Texworld IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for Alpine Texworld IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Alpine Texworld IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Alpine Texworld IPO
Registered Office:Alpine Texworld Ltd. Address- Block No 614-1105, Village Paldi, Pirana Miroli Road, Paldi Kankaj, Dascroi, Ahmedabad, Gujarat, 382425
Phone: +91 9725309926
E-mail:info@aplinetexworld.com
Alpine Texworld IPO Reservation
| Investor Category | Issue Reservation |
| Qualified Institutional Buyers (QIBs) | Not more than 1% of the issue |
| Retail Individual Investors (RIIs) | Not less than 70% of the issue |
| Non-Institutional Investors (NIIs) | Not less than 29% of the issue |
Alpine Texworld IPO Promoter Holding
The promoters of the company are Sumit Champalal Agarwal, Sandeep Santkumar Agarwal, Sachinkumar Santkumar Agarwal.
| Share Holding Pre-Issue | 90.36% |
| Share Holding Post Issue | 61.96% |
Alpine Texworld IPO Prospectus
Alpine Texworld IPO Registrar and Lead Managers
Alpine Texworld IPO Lead Managers
- D&A Financial Services Pvt.Ltd.
Registrar for Alpine Texworld IPO
Kfin Technologies Ltd.
- Contact Number: 040-79615565
- Email Address: alpine.ipo@kfintech.com
Financial Performance of Alpine Texworld Limited
| Particulars (₹ Crore) | FY26 (As of Mar 31, 2026) | FY25 (As of Mar 31, 2025) |
| Assets | 305.31 | 294.86 |
| Total Income | 350.18 | 237.66 |
| Profit After Tax (PAT) | 21.72 | 8.63 |
| EBITDA | 47.45 | 27.00 |
| Net Worth | 72.88 | 51.13 |
| Reserves & Surplus | 46.32 | 24.86 |
| Total Borrowings | 177.60 | 166.09 |
Alpine Texworld Limited Peer Details Comparison
| Company Name | Basic EPS (₹) | Diluted EPS (₹) | NAV (₹/Share) | P/E (x) | RoNW (%) | P/BV Ratio (x) |
| Alpine Texworld Ltd. | 8.18 | 8.18 | 27.79 | N/A | 29.44 | N/A |
| United Polyfab Gujarat Ltd. | 1.07 | 1.07 | 5.78 | 31.60 | 18.48 | 6.60 |
| Ken Enterprises | 6.27 | 6.27 | 51.68 | 5.27 | 12.14 | 0.65 |
| Pashupati Cotspin Ltd. | 0.66 | 0.66 | 10.40 | 145.21 | 6.33 | 9.50 |
Strengths and Opportunities of Alpine Texworld IPO
- Alpine Texworld has an integrated business model spanning spinning, weaving, and yarn sizing, helping maintain product quality while reducing dependence on third-party suppliers.
- The company uses automated Toyota high-speed air-jet looms, enabling higher productivity and operational efficiency. Its healthy EBITDA margin also reflects effective cost management.
- Alpine Texworld has invested in rooftop and ground-mounted solar power plants, which help reduce energy costs and improve long-term operational efficiency.
- The proposed Manufacturing Unit 3 is expected to enhance the company's production capacity and support future revenue growth.
- A significant portion of the IPO proceeds will be used to repay outstanding borrowings, which is expected to reduce interest expenses and strengthen the company's financial position.
- The new weaving unit will increase production capacity, enabling the company to cater to higher customer demand and expand its market presence.
- Continued investment in renewable energy is expected to reduce dependence on conventional power sources and help improve operating margins over the long term.
Risks and Threats of Alpine Texworld IPO
- The company has a relatively high debt-to-equity ratio. Although a portion of the IPO proceeds will be used to repay borrowings, its dependence on debt financing and changes in interest rates could continue to impact its financial position.
- Alpine Texworld derives a significant share of its revenue from a limited number of customers and relies heavily on a few suppliers for raw materials. The loss of key customers or disruptions in the supply chain could adversely affect its business.
- A large portion of the company's revenue comes from the grey fabric segment, while its manufacturing operations are primarily concentrated in Gujarat. Any disruption in the region or decline in demand for its core products could impact operations.
- The company's credit rating has been downgraded by CRISIL to 'BB/Stable' with an "Issuer Not Cooperating" status, which may raise concerns about its credit profile and financial transparency.
- The textile industry is cyclical and remains exposed to volatility in raw material prices, particularly cotton, as well as changes in global demand and consumer spending patterns.





