Alpine Texworld IPO Subscribed 0.28 Times on Day 1
Last Updated: 14th July 2026 - 05:10 pm
Alpine Texworld Limited's initial public offering (IPO) recorded an overall subscription of 0.28 times by 5:04 PM on Day 1 (July 14, 2026). The ₹34.94 crore book-built issue received bids for 33,27,628 shares against 1,20,24,000 shares on offer. The issue witnessed full participation from qualified institutional buyers (QIBs), while retail and non-institutional investor interest remained subdued on the opening day.
Subscription Alpine Texworld IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (July 14) | 1.00 | 0.31 | 0.25 | 0.28 |
Here are the subscription details for Alpine Texworld IPO Day 3, as of 5:04 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| QIB (Ex-Anchor) | 1.00 | 1,20,240 | 1,20,240 | 1.267 |
| NII | 0.31 | 34,86,960 | 10,84,596 | 11.388 |
| Retail | 0.25 | 84,16,800 | 21,22,332 | 22.284 |
| Total | 0.28 | 1,20,24,000 |
33,27,628 |
34.940 |
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.
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