Alpine Texworld
Alpine Texworld Ltd is a textile company specializing in fabric dyeing and processing, producing high-quality textiles for garment manufacturers and traders. The company operates within the textile sector and has diversified into the renewable energy segment through solar power installations.
Price Band
₹105 - ₹105
Lot Size
142 Shares
Issue Size
₹126.25 Cr
Fresh Issue
₹126.25 Cr
OFS
N/A
Registrar
AI Sentiment Score
Listing Price
₹105.00
vs Issue: ₹105 (0.00%)
📅 IPO Timeline
1
Open
TBD
2
Close
TBD
✓
Allotment
Jul 17
✓
Refund
Jul 20
✓
Demat
Jul 20
✓
Listing
Jul 21
✨ AI Analysis & Prediction
+0.5%
predicted listing gain
The listing gain is tempered by a high debt-to-equity ratio of 2.35, which offsets the positive impact of a small issue float and strong ROE. While financial growth is robust, the lack of institutional subscription data and high leverage result in a conservative, risk-adjusted prediction.
💪 Strengths
- Strong ROE of 33.85%
- Rapid revenue and profit growth between 2025 and 2026
- Integration of renewable energy (Solar) to reduce costs
⚠️ Weaknesses
- Very high Debt-to-Equity ratio of 2.35
- High dependence on fabric dyeing and processing segment
🚀 Opportunities
- Expansion into grey fabric production with new weaving unit
- Growing demand in the textile sector
🛡️ Threats
- Interest rate volatility impacting high debt levels
- Competition from other textile processing firms
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| 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 | ₹32.08 |
| Prepayment or repayment, in part or full of certain outstanding borrowings | ₹52.20 |
| General Corporate Purpose | ₹41.97 |
📊 Financial Overview
| Metric | FY25 | FY26 |
|---|---|---|
| Revenue (₹ Cr) | Rs 237.00 Cr | Rs 343.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs 9.00 Cr | Rs 22.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs 27.00 Cr | Rs 48.00 Cr |
| Borrowings (₹ Cr) | Rs 166.00 Cr | Rs 179.00 Cr |
| Total Assets (₹ Cr) | Rs 295.00 Cr | Rs 305.00 Cr |
| ROCE % | NA | 18.00% |
Debt/Equity
2.35
📋 Live Subscription Status
QIB
0.00x
NII
0.00x
Retail
0.00x
Total
0.00x
💼 Reservation Quota
QIB
1.00%
Retail
70.00%
NII
29.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
Founded in 2016, Alpine Texworld Ltd has established itself as a leading entity in the textile industry, specifically focusing on the business of fabric dyeing and processing. Over the years, the company has evolved from a textile specialist into a diversified operator with interests in green energy.
Its core business model revolves around the production of high-quality textiles, leveraging two specialized manufacturing units equipped for dyeing and finishing. These facilities allow the firm to provide a comprehensive range of products tailored for garment manufacturers and traders, ensuring a strong market position in the fabric processing chain.
The company's operational scale is significant, featuring an annual installed capacity of 6,000 MT of cotton and blended yarn. This capacity enables them to meet the growing demand in the textile sector while maintaining quality standards across their output.
In a strategic move toward sustainability, Alpine Texworld has integrated renewable energy into its operations. In FY24, it installed an 820 KW rooftop solar plant at Unit 1, followed by a larger 5.4 MW ground-mounted solar project in Banaskantha in FY25, reducing operational costs and environmental impact.
The company is led by a team of experienced promoters, including Sumit Champalal Agarwal, Sandeep Santkumar Agarwal, and Sachinkumar Santkumar Agarwal, whose leadership has driven the company's rapid revenue and profit growth over the last few years.
Alpine Texworld is launching a Mainboard IPO with a total issue size of approximately ₹126.25 Crores, consisting entirely of a fresh issue. The price band is set between ₹100 and ₹105 per share, with a minimum lot size of 142 shares (₹14,910). The IPO is scheduled to open on July 14, 2026, and close on July 16, 2026, with listing on the BSE and NSE on July 21, 2026.
The proceeds from the fresh issue are earmarked for two primary purposes: ₹32.08 Crores will be used to finance the setup of a new weaving unit at Manufacturing Unit 3 in Ahmedabad to expand grey fabric production, and ₹52.20 Crores will be utilized for the prepayment or repayment of outstanding borrowings.
Financial performance has shown a strong upward trajectory. Revenue grew from ₹237.66 Crores in 2025 to ₹350.18 Crores in 2026. Similarly, the Profit After Tax (PAT) saw a significant jump from ₹8.63 Crores in 2025 to ₹21.72 Crores in 2026, indicating improved operational efficiency.
In terms of valuation, the company reports a basic EPS of ₹8.18 and a strong Return on Equity (ROE) of 33.85%. While the P/E ratio is not explicitly provided for the IPO price, comparison with peers like United Polyfab and Pashupati Cotspin shows a varied industry landscape in terms of valuation and NAV.
Key investment strengths include the rapid growth in profitability, a high ROE of 33.85%, and the strategic move into renewable energy. The 100% fresh issue structure is a positive sign as it indicates capital infusion into the company rather than promoter offloading.
However, a critical risk factor is the high debt-to-equity ratio of 2.35, which suggests a leveraged balance sheet. Investors should weigh the strong growth and capacity expansion plans against the financial risk associated with high borrowings. A balanced view suggests the company has growth potential but carries significant debt risk.