Alpine Texworld IPO: Price band set at ₹100-105 per share; check GMP, key dates, issue details

Alpine Texworld has set the price band for its IPO at ₹100-105 per share, with subscription opening on 14 July and closing on 16 July, and listing expected on 21 July on BSE and NSE. The issue is entirely a fresh issue of 1.2 crore equity shares with no offer-for-sale component, raising around ₹120-126 crore, of which ₹32.08 crore will fund a new weaving unit in Ahmedabad and ₹52.20 crore will prepay or repay existing borrowings. Grey market premium stands at +2, indicating an estimated listing price of about ₹107, roughly 1.90% above the upper price band.