ALPINE TEXWORLD LTD IPO: Company Review, Subscription and Allotment Updates

2026-07-14 — Company overview and issue details

ALPINE TEXWORLD LTD IPO (ABOUT THE COMPANY)

ALPINE TEXWORLD LTD – COMPANY BACKGROUND

Alpine Texworld Ltd is a ten-year-old company engaged in the business of dyeing and processing fabrics. The company is largely focused on premium and high-end textiles. The company two operating units with a combined annual installed capacity of 6,000 MT of cotton and blended yarn. It also has a smaller focus on the renewable energy segment. The company has exhibited a strong track record of performance in last couple of years.

Alpine Texworld Ltd has been promoted by Sumit Agarwal, Sandeep Agrawal, and Sachin Kumar Agrawal. The IPO will entirely be in the form of a fresh issue with no OFS component in the IPO. The fresh issue funds will be used for setting up a new weaving unit, and repayment / prepayment of borrowings, apart from general corporate purposes. The issue is being lead-managed by D&A Financial Services Private Ltd; while KFIN Technologies Ltd (KFINTECH) are the registrars to the IPO.

HIGHLIGHTS OF THE IPO ISSUE OF ALPINE TEXWORLD LTD

Here are the key highlights of the public issue of Alpine Texworld Ltd.

The IPO is open from July 14th, 2026 to July 16th, 2026. It has a face value of ₹10 per share and the IPO price band has been fixed in the range of ₹100 to ₹105 per share.

The IPO of Alpine Texworld Ltd will entirely be a fresh issue with no offer for sale (OFS) component in the IPO.

The Fresh Issue portion of the IPO comprises the issue of 1,20,24,000 shares (120.24 lakh shares), which at the upper price band of ₹105 per share, translates into a fresh issue size of ₹126.25 crore.

Since there is no OFS, the overall IPO issue will also comprise just of the fresh issue of 1,20,24,000 shares (120.24 lakh shares), which at the upper price band of ₹105 per share translates into overall issue size of ₹126.25 crore.

Due to the dilutive impact of the fresh issue and the promoter participation in the offer for sale (OFS); promoter’s stake in the company will get reduced from 90.36% to 61.96% of the total shares outstanding post the IPO.

The IPO of Alpine Texworld Ltd will be listed on the NSE and the BSE on the IPO mainboard. The company did not make any allotment of shares to anchor investors.

KEY DATES, INVESTOR ALLOCATION, AND LOT SIZES

Here are the key dates pertaining to the IPO of Alpine Texworld Ltd

Data Source: Company RHP

Investors can apply either through their existing trading account or the ASBA application can be directly logged through the internet banking account. This can only be done through the authorized list of self-certified syndicate banks (SCSB).

The table below captures the gist of the allocation to various categories.

Data Source: Security Parameters Filing (NSE)

The anchor portion, is carved out of the QIB portion and the QIB portion available in the IPO offer has been reduced proportionately. Please note that the above shares are final and may differ marginally from the original announcement.

Here is a quick look at the lot sizes applicable for the IPO of Alpine Texworld Ltd for various categories of investors.

It may be noted here that for the B-HNI category and for the QIB (qualified institutional buyer) category, there are no upper limits applicable. (1 Lot = 142 shares)

FINANCIAL HIGHLIGHTS OF ALPINE TEXWORLD LTD

The table captures the key financials of Alpine Texworld Ltd for last 3 financial years.

Data Source: Company RHP filed with SEBI (FY refers to Apr-Mar period)

The net profits of the company have nearly doubled in the last 2 years with net margins also going up from 2.66% to 6.26% between FY24 and FY26. The return on equity (ROE) has also improved consistently from 11.5% to 29.4%, while EBITDA margins improved from 10.8% to 13.8% over last 2 years. Asset sweating has been stable over last 3 years.

VALUATION METRICS OF ALPINE TEXWORLD LTD IPO

If one looks at the valuation of the company based on the latest FY26 full-year EPS of ₹8.18, it is trading at around 12.8X earnings at the upper band IPO price of ₹105 per share. That is reasonable valuations since the company caters to the high-end segment of the textiles market. Also, the robust growth in margins and ROE justify these valuation numbers.

The company does bring some strengths to the table like an established market presence, consistent performance, and steady growth in key operating metrics. Above all, the expansion plan will reduce the input dependence of the company and make it vertically more integrated and less dependent on outside suppliers. However, this is a business where substantial short-term capital gets locked up in inventories and trade receivables; in fact, about 50% of the assets are locked up in inventories and receivables. Investors must keep this point in mind while taking the final investment call.

2026-07-16 — Day-3 subscription update

Alpine Texworld Ltd (Day-3 Final Subscription at 1.40 times)

ALPINE TEXWORLD LTD - IPO SUBSCRIPTION STATUS ON DAY-3

As of 7.05 pm on 16th July 2026, out of the 120.24 lakh shares on offer in the IPO (excluding anchor portion), Alpine Texworld Ltd saw bids for 168.76 lakh shares. This implies an overall subscription of 1.40X at a macro level. The granular break-up of subscriptions at close of Day-3 of the IPO of Alpine Texworld Ltd was as under:

The subscriptions were led by the Retail Investors followed by the HNI / NII investors and the QIB investors in that order. QIB bids and NII bids typically gather most of the momentum only on the last day. That was, however, not visible in this case as the subscriptions remained tepid till the close. The company did not make any anchor allocation ahead of the IPO due to the very small allocation to the QIBs. Here is the category-wise subscription. The overall subscription ratio excludes anchor portion.

Data Source: NSE / BSE (as of close of Day-3 of the IPO)

The IPO of Alpine Texworld Ltd was open up to July 16, 2026, and has closed for subscription as of the close of trading hours on July 16, 2026. The subscription ratios presented in the table above represent the final subscription numbers for each category and also for the IPO overall. Generally, the listing price of the IPO and the post-listing performance tend to get influenced by the extent of oversubscription of the IPO. However, it must also be noted that a higher subscription is not an automatic guarantee of a strong listing performance for the IPO stock. The final subscription ratio excludes anchor portion. Total bids as of the close (including anchor allocation) stood at ₹177.20 crore.

NEXT STEPS IN THE ALPINE TEXWORLD LTD IPO

Post the closure of the IPO subscription on 16th July 2026, the basis of allotment will be finalized on 17th July 2026 and the refunds will be initiated on 20th July 2026. In addition, the demat credits are expected to also happen on 20th July 2026 and the stock will list on 21st July 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 20th July 2026 under ISIN (INE1JCQ01037).

2026-07-16 — Allotment guidance and next steps

Alpine Texworld Ltd (How to check allotment status online)

ABOUT THE ALPINE TEXWORLD LTD IPO

The IPO of Alpine Texworld Ltd opened on July 14th, 2026 and closed on July 16th, 2026. The IPO comprised entirely of a fresh issue portion of 1,20,24,000 shares (120.24 lakh shares) worth ₹126.25 crore at the upper band price of ₹105 per share. There was no offer for sale (OFS) component in the IPO. The basis of allotment for the IPO will be finalized by EOD of July 17, 2026. Here is how to check allotment status for the IPO of Alpine Texworld Ltd. You can check IPO status on BSE or NSE or IPO Registrar website of KFIN Technologies Ltd (KFINTECH).

CHECKING ALLOTMENT STATUS OF ALPINE TEXWORLD LTD ON BSE WEBSITE

This is a common link for all mainboard IPOs. Click on BSE link for IPO allotment as below.

https://www.bseindia.com/investors/appli_check.aspx

Once you reach the page, here are the steps to follow.

Under Issue Type – Select Equity Option

Under Issue Name – Select Alpine Texworld Ltd from the drop-down box

Enter the Application Number / CAF exactly as in the acknowledgement slip

Alternatively, Enter your PAN (10-digit alphanumeric) number

Once this is done, you need to click on the Captcha to verify you are not a robot

Finally click on the Search Button

You can use either of the parameters to query; Application / CAF number or Investor PAN.

The allotment status will be displayed on the screen in front of you informing about the number of shares of Alpine Texworld Ltd allotted into your demat account. You can save a screenshot of the allotment status output for tallying with the demat account credits.

CHECKING ALLOTMENT STATUS OF ALPINE TEXWORLD LTD ON NSE WEBSITE

This is a common link for all IPOs. Click on NSE link for IPO allotment as below.

https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Once you reach the page, here are the steps to follow.

Under Issue Type – Select Equity & SME IPO Details Option

Under SELECT SYMBOL – Select ALPINETEX from the drop-down box

Enter the Application Number / CAF exactly as in the acknowledgement slip

Enter your PAN (10-digit alphanumeric) number

Once both are entered, click on the Submit Button

You must input the Application / CAF number and the Investor PAN.

The allotment status will be displayed on the screen in front of you informing about the number of shares of Alpine Texworld Ltd allotted into your demat account. You can save a screenshot of the allotment status output for tallying with the demat account credits.

CHECKING ALLOTMENT STATUS OF ALPINE TEXWORLD LTD ON KFIN TECHNOLOGIES LTD (REGISTRAR TO THE IPO)

Visit the website of KFIN Technologies Ltd, which has been appointed as the registrar for the issue. You can access their website for IPO status by clicking on the link below:

https://kosmic.kfintech.com/ipostatus/

KFIN Technologies Ltd provides details of IPOs managed by them and where allotment status is finalized. Radio buttons allow you to opt to see all IPOs or just recent IPOs. The latter option reduces the list of IPOs to search. Once you click on Recent IPOs, dropdown shows recent active IPOs, where allotment status is finalized. Select Alpine Texworld Ltd.

THERE ARE 3 WAYS TO QUERY ALLOTMENT STATUS ON KFIN TECHNOLOGIES LTD

To Query by Application Number, check the appropriate box and follow these steps.

Enter the Application Number as it is

Enter the 6-digit Captcha Code

Click on Submit button

Allotment Status gets displayed on screen

Unlike in the past, now you do not have to select ASBA versus Non-ASBA option.

To Query by Demat Account, check the appropriate box and follow these steps.

First select the depository (NSDL / CDSL)

Enter the DP-ID (Alphanumeric for NSDL and Numeric for CDSL)

Enter the Client-ID in the second box

For NSDL, the Demat account is 2 strings; for CDSL it is just 1 string

Enter the 6-digit Captcha Code

Click on Submit button

Allotment Status gets displayed on screen

To Query by PAN, check the appropriate box and follow these steps.

Enter the 10-Character PAN number, available on your PAN card

After you enter the PAN number, Enter the 6-digit numeric Captcha Code

Click on Submit button

Allotment status gets displayed on screen

If captcha code is not clear; toggle for more options. Retain a screenshot of the allotment status output for future reference. This can be tallied with demat credit post allotment.

NEXT STEPS IN THE ALPINE TEXWORLD LTD IPO

Post the closure of the IPO subscription on 16th July 2026, the basis of allotment will be finalized on 17th July 2026 and the refunds will be initiated on 20th July 2026. In addition, the demat credits are expected to also happen on 20th July 2026 and the stock will list on 21st July 2026 on the NSE and the BSE. The credits to the demat account to the extent of shares allotted will happen by the close of 20th July 2026 under ISIN (INE1JCQ01037).

Interested in applying for this IPO?

SERNET is an Authorised Person of Choice Equity Broking Pvt. Ltd. (SEBI Reg. No. INZ000160131). All broking services — trading, demat and IPO applications — are provided by Choice Equity Broking.

New to Choice FinX? Open a free account →

Already have an account? Log in to Choice FinX →