Mumbai, July 16 -- The initial public offer of Alpine Texworld 1,68,76,274 received bids for shares as against 1,20,24,000 shares on offer, according to stock exchange data at 17:30 IST on Thursday (16 July 2026). The issue was subscribed 1.40 times.

The issue opened for bidding on Tuesday (14 July 2026) and it will close on Thursday (16 July 2026). The price band of the IPO is fixed between Rs 100 to Rs 105 per share. The minimum order quantity is 142 equity shares.

The IPO is entirely a fresh issue of shares worth Rs 126.25 crore at upper price band of Rs 105. There is no OFS component.

The funds raised to the tune of Rs 30.71 crore will be used towards setting up a new weaving unit at proposed manufacturing unit 3 to expand its prod...