Alpine Texworld to Raise ₹126 Cr in IPO, Fueling Major Capacity Expansion

Alpine Texworld to Raise ₹126 Cr in IPO, Fueling Major Capacity Expansion​

Gujarat-based textile manufacturer Alpine Texworld is gearing up for a significant market debut. The company is set to launch its Initial Public Offering (IPO) on July 14, marking the second mainboard IPO expected next week following SBI Funds Management’s offering.

The listing provides investors with an opportunity to participate in a growing sector staple. Alpine Texworld aims to raise Rs 126.25 crore through this fresh issue of 1.2 crore equity shares. The offer size has been adjusted down from the initial plan, as noted in the draft red herring prospectus (DRHP) filed in September 2025.

What Investors Need to Know About the Alpine Texworld IPO​

The public issue is slated to close on July 16, with share allotment expected by July 17. The company shares are scheduled for listing on stock exchanges on July 21. D and A Financial Services has been appointed as the sole book-running lead manager for the offering.

Alpine Texworld’s IPO has established a clear valuation framework for potential investors. The price band for the offer is fixed at Rs 100-105 per share, valuing the company at Rs 401.5 crore. Retail investors are advised that the minimum investment requirement is Rs 14,910, with the maximum allowed up to Rs 1,93,830.

Textile Business Snapshot and Operational Capacity​

Incorporated in February 2016, Alpine Texworld operates as a manufacturer and trader of grey fabric and yarn. The company currently runs two dedicated manufacturing units within its Gujarat facilities.

Manufacturing Unit 1 is equipped with 112 shuttleless air-jet looms, providing an annual installed weaving capacity of 180 lakh metres of grey fabric. This unit also houses one multi-cylinder sizing machine capable of 6,650 metric tonnes of yarn sizing annually.

Meanwhile, Manufacturing Unit 2 focuses on spinning and is outfitted with four open-end rotor spinning machines. This second unit has a production capacity of 6,000 metric tonnes of cotton and blended yarn per annum.

Strategic Use of Proceeds for Grey Fabric Expansion​

The funds raised through the IPO are strategically earmarked to propel the company’s growth trajectory. The proceeds will be utilized to set up an entirely new weaving facility, Manufacturing Unit 3.

Beyond expansion, the company plans to repay existing loans and allocate resources toward general corporate purposes. Alpine Texworld stated that following this major expansion, its installed capacity is projected to increase by 77.50 lakh metres per annum for grey fabric production.