LowNeutral
Announced Fri, 17 Jul · 08:48 IST

Alpine Texworld IPO allotment today; GMP hints at flat listing. Here's how to check your status

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alpine Texworld IPO allotment is set for today, with the issue having been subscribed 1.40 times overall during its July 14-16 subscription window. Grey market premium of around 1% signals a largely flat listing, with the stock expected to list near its upper price band of Rs 105. The Rs 126.25 crore fresh issue will fund a new weaving unit in Ahmedabad, debt repayment of Rs 52.20 crore, and general corporate purposes.