Alpine Texworld IPO opens on July 14: Check issue details, price band, and objectives

Alpine Texworld's IPO opens on July 14, 2026, with a price band of Rs 100 to Rs 105 per equity share and a fresh issue of 1.2 crore shares, with no offer-for-sale component. The company plans to deploy proceeds towards setting up a new weaving unit in Ahmedabad (Rs 32.08 crore), repaying existing borrowings (Rs 52.20 crore), and general corporate purposes. Based on FY2026 diluted EPS, the IPO is priced at a P/E of 12.22 to 12.84 times, significantly below the industry peer group average of 60.69 times.