Alpine Texworld IPO Day 2: GMP at 10%; check subscription, valuation and other key details

Alpine Texworld's IPO, a Rs 126.25 crore fresh issue at Rs 100–105 per share, was subscribed 28% on Day 1 with QIB portion fully subscribed and RIIs at 25%. The grey market premium stands at around Rs 10, implying an estimated listing price near Rs 115. The issue, priced at a P/E of 12.84 times at the upper band against an industry average of about 60.69 times, closes on July 16, 2026, with listing expected on July 21 on NSE and BSE.