Alpine Texworld IPO Subscribed 1.40 Times on Day 3

Alpine Texworld Limited's initial public offering (IPO) closed with an overall subscription of 1.40 times by 6:54 PM on Day 3 (July 16, 2026). The ₹126.25 crore book-built issue, priced at ₹100 to ₹105 per share, received bids for 1,68,76,274 shares against 1,20,24,000 shares on offer, with total applications reaching 76,891. Retail investors led the demand on the final day, while QIB and NII categories also crossed the fully-subscribed mark to push the issue into oversubscribed territory.

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Subscription Alpine Texworld IPO

Here are the subscription details for Alpine Texworld IPO Day 3, as of 6:54 PM:

Key Highlights – Day 3

• Overall subscription rose to 1.40 times on Day 3 (July 16, 2026), up from 0.81x on Day 2, taking the issue into oversubscribed territory as retail bidders piled in during the final hours.
• Retail Individual Investors led the final day at 1.54 times, emerging as the strongest category with bids worth ₹135.75 crore against a reserved portion of ₹88.38 crore.
• Non-Institutional Investors (NIIs) closed at 1.09 times, driven by sNII (small NII) demand at 1.48x, while bNII (big NII) participation lagged at 0.90x. 
• Qualified Institutional Buyers (Ex-Anchor) subscribed 1.09 times, comfortably closing above the fully-subscribed mark.

Key Highlights – Day 2

• Overall subscription climbed to 0.81 times on Day 2 (July 15, 2026), up from 0.28x on Day 1, as momentum built across retail and non-institutional categories ahead of the closing day. [chittorgarh.com], [chittorgarh.com]
• Retail Individual Investors led Day 2 traction at 0.88 times, moving closer to full subscription. [chittorgarh.com]
• Non-Institutional Investors (NIIs) doubled from Day 1 to 0.66 times, with sNII at 0.72x overtaking bNII at 0.63x — an early sign of small HNI interest. [chittorgarh.com]
• Qualified Institutional Buyers (Ex-Anchor) remained fully subscribed at 1.00 times, holding steady from Day 1.

Key Highlights – Day 1

• Overall subscription stood at 0.28 times on Day 1 (July 14, 2026), indicating a cautious start to the IPO.
• Qualified Institutional Buyers (QIBs) fully subscribed their quota at 1.00 times, emerging as the strongest investor category.
• Non-Institutional Investors (NIIs) subscribed 0.31 times, reflecting modest participation.
• Retail Investors subscribed 0.25 times, showing limited demand on the opening day.

About Alpine Texworld Limited

SBI Funds Management Limited is an asset management company that manages SBI Mutual Fund schemes and also offers portfolio management services (PMS), advisory services, and alternative investment funds (AIFs). It primarily earns management fees from these investment products, with mutual funds contributing most of its revenue. The company also provides digital platforms for investors and distributors, operates international subsidiaries offering offshore investment products, and manages assets across multiple asset classes under SEBI’s regulatory framework.