Alpine Texworld IPO Day 3: GMP signals 5% listing pop; here's subscription status and key details

Alpine Texworld's IPO was subscribed 80% by the end of Day 2, with the QIB portion fully subscribed at 100%, RIIs at 86%, and NIIs at 65%. The three-day issue, entirely a fresh issue of 1.20 crore equity shares priced at Rs 100-105, aims to raise Rs 126.25 crore for capacity expansion, debt reduction of Rs 52.20 crore, and general corporate purposes. A grey market premium of about Rs 5 per share signals an estimated 5% listing pop, with shares expected to debut on the NSE and BSE on July 21, 2026.