Five textile firms queue at SEBI to raise ₹500 cr+ for capacity expansion
Alpine Texworld, Astha Spintex, TC Terry Text, Shreedhar Spinners and Shree Ram Twistex have filed DRHPs, riding UK/EU FTA tailwinds, Bangladesh disruption and state incentives. Capital targets capacity build-out for a $350B textile market by FY30, with exports growing at 22% CAGR.
Five Indian textile companies have filed with SEBI to raise over ₹500 crore via IPOs, capitalising on UK/EU FTAs, Bangladesh disruption, and state incentives to fund capacity expansion targeting a $350 billion textile market by FY30.