Alpine Texworld lists flat at ₹105 issue price after muted ₹126 crore IPO demand
Ahmedabad-based fabric dyeing and processing company Alpine Texworld debuted at ₹105 per share on BSE and NSE, matching its IPO issue price. The ₹126 crore fresh issue was subscribed 1.40 times, with retail demand at 1.54 times.
Ahmedabad-based fabric dyeing and processing company Alpine Texworld listed flat at its Rs 105 IPO issue price on BSE and NSE. Its Rs 126 crore fresh issue was subscribed 1.40 times, with muted demand across investor categories.
Why this matters
The flat listing follows Alpine Texworld's recent ₹126 crore IPO signal, which highlighted plans to fund Ahmedabad capacity. The debut indicates muted secondary-market pricing despite modest retail participation.
Retail-company signals are accelerating, up 942300% QoQ.