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Alpine Texworld IPO Review

Alpine Texworld IPO has been reviewed by 4 analysts, and the overall consensus is Avoid — carrying a score of 25. Out of the 4 analysts who have covered this IPO, 1 recommend subscribing while 3 advise caution or avoidance — reflecting a cautious view from the analyst community.

The issue is priced in the band of ₹100-105 per share, with a minimum application size of 142 shares (minimum investment of approximately ₹14,910 at the upper band). Subscription ran from 14 Jul 2026 to 16 Jul 2026. The issue size is ₹126 crore, entirely a fresh issue. As of now, the grey market premium (GMP) for Alpine Texworld IPO is quoting at ₹1 (1.0%), which gives a preliminary sense of how the street is pricing the listing — though GMP is unofficial and can swing sharply before the listing date. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
25/ 100
Avoid 1 of 4 recommend subscribing
How analysts voted
Apply 1
Avoid 3

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Alpine Texworld, incorporated in 2016, dyes and processes fabrics with integrated manufacturing. FY26 income was ₹350.18 crore, up sharply from ₹237.66 crore, with profit rising from ₹8.63 crore to ₹21.72 crore. But analyst opinion was negative: two of the three covering it said avoid, and only one said subscribe.

Listing gains

The notes disagree on price. One values the issue at about 12.8 times FY26 diluted earnings of ₹8.2 and calls that efficient; another puts it near 18 times on EPS of ₹5.68 with a market cap of ₹402 crore, against peers spread between roughly 5 and 134 times. With two avoid ratings, listing support was weak.

Short-term strategy

The avoid ratings rest on the balance sheet rather than the profit and loss account. The notes flag a debt to equity ratio reaching 2.35 times in FY26 and contingent liabilities that are elevated relative to net worth, limiting flexibility. Fresh money repays borrowings and funds a new weaving unit.

Long-term strategy

The one positive note credits integrated manufacturing and efficient capital utilisation. Against that, the majority view is that a stretched balance sheet in a competitive fabric processing business leaves little room for error. Bringing leverage down is the condition the notes implicitly set before the long-term case works.

How this is written: an AI-assisted summary of the 4 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Alpine Texworld IPO?

The analyst consensus for Alpine Texworld IPO tracked on this page is Avoid, with a score of 25/100. Out of 4 analysts who have reviewed this IPO, 1 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 25 mean for Alpine Texworld IPO?

The score of 25 is an aggregate of all analyst ratings tracked for Alpine Texworld IPO. A score in this range signals that most analysts are advising caution or outright avoidance. Read the individual analyst verdicts above for more context.

What was the actual listing price of Alpine Texworld IPO?

Alpine Texworld IPO listed on July 21, 2026 at ₹105, against the issue price of ₹105 — a gain of +0% (₹0 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Alpine Texworld IPO?

Alpine Texworld IPO was priced at ₹100-105 per share. The minimum lot size is 142 shares, making the minimum investment approximately ₹14,910 at the upper end of the price band. Subscription ran from 14 Jul 2026 to 16 Jul 2026.

Explore Alpine Texworld IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Alpine Texworld IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Avoid
Score
25 / 100
Listed at
₹105
Full IPO details