Alpine Texworld IPO Subscription Day 2: Issue Booked 0.40 Times as QIB Demand Picks Up

Mumbai, July 15:The Alpine Texworld IPO witnessed a gradual improvement in investor participation on the second day of bidding, although the public issue was yet to cross the fully subscribed mark in early trade. As of 10:39 AM, the ₹126.25 crore IPO had been subscribed 0.40 times, with retail investors continuing to account for a large share of the applications received so far.

The issue opened for subscription on July 14 and will remain available for bidding until July 16. While subscription is still at an early stage, the second day’s numbers suggest investors are gradually adding fresh bids. The Qualified Institutional Buyers (QIB) category, excluding anchor investors, has already crossed the one-time mark, while participation from the NII segment has also improved compared with the opening day.

The IPO is entirely a fresh issue of 1,20,24,000 equity shares aggregating ₹126.25 crore. The company has fixed the price band at ₹100 to ₹105 per share, and investors can apply in lots of 142 shares.

Alpine Texworld IPO Subscription Status Day 2

According to the latest exchange data available at 10:39 AM on July 15, the IPO received bids for 33,41,112 shares against 84,16,800 shares available for subscription.

The category-wise subscription stood at:

• Overall:0.40x
• QIB (Ex-Anchor):1.00x
• NII:0.37x
• bNII:0.45x
• sNII:0.20x
• Retail Investors:0.40x

Although the overall issue is yet to be fully subscribed, institutional participation has picked up during the second day. Retail investors have continued to place bids at a steady pace, while demand from high-net-worth investors has also strengthened compared with the opening session.

Day-Wise Subscription Trend

The subscription trend so far reflects a gradual improvement in demand.

With another trading session still remaining after today, subscription figures are expected to change further as more investors submit their applications before the issue closes.

Alpine Texworld IPO Details

• Issue Size: ₹126.25 crore
• Issue Type: Fresh Issue
• Fresh Issue: 1,20,24,000 equity shares
• Price Band: ₹100 to ₹105 per share
• Lot Size: 142 shares
• Minimum Retail Investment: ₹14,910
• Listing: BSE and NSE

Important Dates

• IPO Opens: July 14, 2026
• IPO Closes: July 16, 2026
• Expected Allotment: July 17, 2026
• Refund Initiation: July 20, 2026
• Shares Credited To Demat Accounts: July 20, 2026
• Tentative Listing: July 21, 2026

About Alpine Texworld

Alpine Texworld Limited is engaged in the dyeing and processing of fabrics. The company manufactures products including denim, shirting, suiting and ready-for-dyeing (RFD) fabrics, serving garment manufacturers and textile businesses. It also operates solar power facilities to support its manufacturing operations.

Conclusion

The Alpine Texworld IPO has seen subscription gather pace on the second day, with overall demand rising to 0.40 times by the morning session. While the issue is still short of full subscription, improved participation from QIBs, along with steady retail and NII demand, indicates that bidding activity is picking up. Investors will now watch how subscription trends evolve during the remainder of the day and on the final day before the issue closes on July 16.

Source:

• https://www.sebi.gov.in/filings/public-issues/jul-2026/alpine-texworld-limited-rhp_102719.html