Mumbai, July 17 -- The initial public offer of Alpine Texworld 1,68,76,274 received bids for shares as against 1,20,24,000 shares on offer. The issue was subscribed 1.40 times.

The retail individual investors category was subscribed 1.54 times, the qualified institutional buyers' (QIBs) portion was subscribed 1.09 times and the non-institutional investors (NII) category was subscribed 1.09 times.

The issue opened for bidding on Tuesday (14 July 2026) and it closed on Thursday (16 July 2026). The price band of the IPO is fixed between Rs 100 to Rs 105 per share.

The IPO was entirely a fresh issue of shares worth Rs 126.25 crore at the upper price band of Rs 105. There was no offer-for-sale (OFS) component.

The funds raised were to be u...