Alpine Texworld Ltd IPO

Alpine Texworld Limited is a textile manufacturing company engaged in the manufacturing and trading of grey fabric and yarn. The company also provides yarn sizing services and operates as a vertically integrated manufacturer with capabilities across spinning and weaving. It manufactures yarn through open-end rotor spinning and uses the yarn to produce grey fabric, while also sourcing yarn from third-party suppliers to meet production requirements. Incorporated in 2016, the company operates two manufacturing units located at Paldi Kankaj, Ahmedabad, Gujarat. Manufacturing Unit 1 houses its weaving and yarn sizing operations, while Manufacturing Unit 2, commissioned in 2025, is dedicated to spinning. The company also operates rooftop and ground-mounted solar power facilities to support its manufacturing operations. In addition, Alpine Texworld has a subsidiary, Alpine Cottweave LLP, which operates a weaving unit and contributes to the company’s overall weaving capacity. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Finance the setting up of a new weaving unit at the proposed manufacturing unit 3 to expand its production capacity to produce grey fabric at Ahmedabad, Gujarat — Rs 30.71 crore Prepayment or repayment, in part or in full, of certain outstanding borrowings — Rs 52.2 crore General corporate purposes.;