TTLTicker Tales

Alpine Texworld

Alpine Texworld is a textile company engaged in the manufacturing and trading of grey fabric and yarn.

Archived
Neutral

Last updated 6 Aug 2026, 9:20 am IST

Price band
₹100 – ₹105
Lot size
142
Issue size
₹126.25 Cr
Opens
14 Jul 2026
Closes
16 Jul 2026
Exchange
Both

The numbers

GMP
₹10 (~9.5%)
Subscription
1.36× (final)
Listing gain
Flat ₹105 debut; −5% lower circuit
Listing date
21 Jul 2026
Model prediction
Predicted ~flat → Neutral. Listed flat at ₹105, hit −5% lower circuit — Neutral call held.

The Ticker Tales take

Alpine Texworld makes and trades grey fabric and yarn — a ₹126 Cr mainboard textile issue. Demand finished soft: the issue closed only about 1.36× subscribed, and the grey-market premium stayed modest at ~₹10 (~9.5%); the business is also heavily concentrated in Gujarat and carries fairly high debt. We stayed Neutral, seeing no real edge either way. It listed on 21 Jul flat at ₹105 — level with the issue price — then slipped to the 5% lower circuit at ₹99.75. A flat-to-weak debut, exactly the no-edge read we flagged, so the Neutral call held. Final call — locked at close on 16 Jul.

More details

Sector
Textiles (grey fabric & yarn)
Issue type
Book-built
Allotment date
17 Jul 2026
Anil Singhvi - Long-term call
Not clearly stated
Anil Singhvi - Listing-gain call
Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.