MediumNeutral
Announced Tue, 14 Jul · 08:52 IST

Alpine Texworld IPO opens today: Check latest GMP, subscription status, and key details

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alpine Texworld's IPO opened for subscription on July 14, 2026, with a price band of ₹100-105 per share, aiming to raise ₹126 crore through a fresh issue of 1.20 crore equity shares. The textile manufacturer plans to use the proceeds for setting up a new weaving unit in Ahmedabad, repaying outstanding borrowings, and general corporate purposes. The stock is commanding a grey market premium of about ₹5 per share, indicating an expected listing around ₹110, a premium of 4.76 percent over the issue price.