MediumNeutral
Announced Thu, 16 Jul · 19:43 IST
Alpine Texworld IPO sails through on Day 3: Check subscription status, GMP and other key details
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Alpine Texworld's IPO was fully subscribed on the final day, with overall subscription reaching 1.40 times — retail portion at 1.56 times, NII at 1.09 times, and QIB at 1.09 times. The entirely fresh issue of 1.20 crore shares was priced at Rs 100–105, aiming to raise Rs 126 crore for a new weaving unit in Ahmedabad and debt prepayment. Grey market premium fell to nil, suggesting the stock may list flat at the issue price, with listing scheduled for July 21 on BSE and NSE.