Alpine Texworld
Alpine Texworld Ltd is a textile company specializing in fabric dyeing and processing, producing high-quality textiles for garment manufacturers and traders. Based in Gujarat, the company operates in the textile sector with additional ventures into renewable energy via 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 adjusted slightly upward from the zero-baseline due to a small float scarcity and strong ROE, but heavily countered by a high Debt-to-Equity ratio of 2.35 and currently unavailable institutional demand data. The 100% fresh issue structure provides a positive sentiment boost as capital is entering the company rather than leaving through an OFS.
💪 Strengths
- Strong ROE of 33.85%
- Significant growth in PAT from ₹8.63 Cr to ₹21.72 Cr
- 100% Fresh Issue structure
⚠️ Weaknesses
- High Debt-to-Equity ratio of 2.35
- High dependence on textile sector cycles
🚀 Opportunities
- Capacity expansion with new weaving unit in Ahmedabad
- Cost reduction through 5.4 MW solar project
🛡️ Threats
- Raw material price volatility in cotton/blended yarn
- Competition from larger textile processing houses
🎯 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 evolved into a leading player in the fabric dyeing and processing industry. The company has focused on scaling its production capabilities and enhancing its technical offerings to meet the demands of the garment manufacturing sector.
The core business model revolves around the production of high-quality textiles, leveraging two specialized manufacturing units equipped for dyeing and finishing. This infrastructure allows the company to serve a diverse client base of traders and garment manufacturers with precision and quality.
In terms of operational scale, the company boasts an annual installed capacity of 6,000 MT of cotton and blended yarn. To optimize energy costs and promote sustainability, Alpine Texworld has integrated renewable energy into its operations, installing an 820 KW rooftop solar plant at Unit 1 in FY24 and a 5.4 MW ground-mounted solar project in Banaskantha in FY25.
The company is headquartered in Ahmedabad, Gujarat, and operates within a strategic textile hub. The business is led by experienced promoters including Sumit Champalal Agarwal, Sandeep Santkumar Agarwal, and Sachinkumar Santkumar Agarwal, who have steered the company's growth over the last decade.
Alpine Texworld is launching a Mainboard IPO to raise approximately ₹126.25 Crore, consisting entirely of a fresh issue of shares. The IPO is priced with a band of ₹100 to ₹105 per share, with a minimum retail lot size of 142 shares (₹14,910). The issue opens on July 14, 2026, and closes on July 16, 2026, with listing scheduled for July 21, 2026, on both the BSE and NSE.
The proceeds from the fresh issue are earmarked for strategic growth and debt management. Specifically, ₹32.08 Crore is allocated for setting up a new weaving unit at Proposed Manufacturing Unit 3 in Ahmedabad to expand grey fabric production, while ₹52.20 Crore will be used for the prepayment or repayment of outstanding borrowings.
Financial performance shows significant growth momentum. Revenue increased from ₹237.66 Crore in 2025 to ₹350.18 Crore in 2026. More impressively, the Profit After Tax (PAT) jumped from ₹8.63 Crore in 2025 to ₹21.72 Crore in 2026, indicating a sharp improvement in operational efficiency.
From a valuation perspective, the company reports a strong ROE of 33.85% and an EPS of ₹8.18. While the P/E ratio is not explicitly provided, the growth in PAT suggests a positive trajectory. Key strengths include healthy financial growth, experienced promoters, and a diversified energy portfolio through solar plants.
However, potential investors should note the high Debt-to-Equity ratio of 2.35, which indicates significant leverage. While the fresh issue helps reduce debt, the high ratio remains a risk factor. Overall, the IPO presents a growth-oriented opportunity in the textile sector, though the leverage requires careful consideration.