About
Alpine Texworld Limited is a textile manufacturing company engaged in the manufacturing and trading of grey fabric and yarn. The company operates in the weaving and spinning segments and also provides yarn sizing services. It follows a vertically integrated manufacturing model, where processed cotton is converted into yarn through open-end spinning, and the yarn is further woven into grey fabric using airjet looms. The company generates revenue primarily from the sale of grey fabric and yarn to customers in the textile value chain. Its operations are supported by two manufacturing units located adjacent to each other in Ahmedabad, enabling operational synergies and efficient production. The company has also invested in rooftop and ground-mounted solar power facilities to partially meet its energy requirements. Additionally, through its subsidiary, it has expanded its weaving capacity as part of its backward integration strategy, strengthening its manufacturing capabilities.
IPO schedule
| Issue open date | 2026-07-14 |
| Issue close date | 2026-07-16 |
| UPI mandate deadline | 2026-07-16 (5 PM) |
| Allotment finalization | 2026-07-17 |
| Refund initiation | 2026-07-20 |
| Share credit | 2026-07-20 |
| Listing date | 2026-07-21 |
| Mandate end date | 2026-07-31 |
| Lock-in end date for anchor investors (50%) | 2026-08-15 |
| Lock-in end date for anchor investors (remaining) | 2026-10-14 |
Financials
| Financial Year Ended | March 2025 | March 2026 |
| Total Assets | 294.86 | 305.31 |
| Revenue | 237.66 | 350.18 |
| Profit After Tax | 8.63 | 21.72 |
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 126.25 |
| Fresh Issue - Proceeds go to the company | 126.25 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Set up a new weaving unit in Ahmedabad to expand grey fabric production | 32.08 (25.41%) |
| Repayment or prepayment of certain outstanding borrowings | 52.2 (41.35%) |
| General corporate purposes | 41.97 (33.24%) |
Strengths
- Integrated spinning and weaving operations help improve production efficiency and quality consistency.
- Backward integration has reduced dependence on externally sourced yarn.
- Experienced promoters bring execution capabilities and industry expertise.
- Solar power installations help offset a part of the company's energy requirements.
- The business serves multiple customers across the textile value chain through grey fabric and yarn manufacturing.
Risks
- Over 70% of revenue comes from the top 10 customers, with no firm long-term commitments.
- The company depends on a limited number of key suppliers for raw materials.
- Fluctuations in cotton and yarn prices can affect production costs and profitability.
- Delays in approvals for the proposed new manufacturing unit could impact expansion plans.
- Most manufacturing facilities and key suppliers are concentrated in Gujarat, exposing the business to location-specific risks.
Allotment Status for Alpine Texworld
To check your IPO allotment status:
- Visit the Kfin Technologies IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.