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Alpine

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uuid02m5o96

Namestring
Alpine
Legal namestring
Alpine Texworld Limited
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Alpine Texworld Limited is a vertically integrated Indian textile manufacturer headquartered in Ahmedabad, Gujarat. Originally incorporated on February 26, 2016 as Alpine Spinweave Limited and converted to a public limited company under its current name in 2024, the company operates across three production stages — spinning (6,000 metric tonnes per year), sizing (6,650 metric tonnes per year), and weaving — supplying yarn and woven fabric to B2B customers in apparel, home textile, and industrial textile segments.

Its weaving operations are anchored by 112 Toyota Shuttleless Air Jet Looms at the main facility, supplemented by 72 looms at the 97%-owned subsidiary Alpine Cottweave LLP, giving the group a combined annual weaving capacity of approximately 276 lakh meters. The company has also commissioned 6.22 MW of captive solar generation (5.4 MW ground-mounted plus 820 KW rooftop), partially insulating energy costs from grid volatility. Founder-led by Sandeep Agrawal (Chairman and Managing Director), Sumit Agarwal, and Sachin Agrawal, the business pursues a direct B2B sales model with no disclosed external private equity or venture capital sponsorship.

The company crossed Rs. 100 crores of revenue in FY 2018-2019 and Rs. 200 crores in FY 2021-2022; no more recent revenue disclosure is available. Strategic activity in 2023-2024 — including the Cottweave LLP acquisition, launch of upstream spinning capacity, solar buildout, and the conversion to public limited status — points to capacity-led scaling and structural preparation for broader capital-market participation.

Short descriptiontext

Alpine Texworld Limited is a vertically integrated Ahmedabad-based textile manufacturer producing yarn, sized yarn, and woven fabric (combined ~276 lakh meters/year) for B2B customers in apparel, home textiles, and industrial textiles.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersAhmedabad, India
HQ citystring
Ahmedabad
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
grey cloth manufacturing, cotton yarn spinning, air jet weaving, textile sizing services, vertically integrated textiles
NAICS code1 code
  • Broadwoven Fabric Mills31321
SIC code1 code
  • Broadwoven Fabric Mills, Cotton2211
Product category
Cotton Textile Manufacturing
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Grey Cloth Manufacturing
TypeHardware Sales
Description

Production and sale of grey cloth - base fabric for various textile applications including dyeing, printing, and finishing. Annual production capacity of 180 million meters (180 Lac meters) per annum.

alpinetexworld.com
2Yarn Manufacturing
TypeHardware Sales
Description

Open-end spinning converting raw cotton fibers into high-quality yarn. Production capacity of 500 tons per month (6000 MT per annum) for weaving, knitting, and other textile applications.

alpinetexworld.com
3Yarn Sizing Services
TypeProfessional Services
Description

Sizing service enhancing yarn strength and durability before weaving. Capacity of 6650 MT per annum, improving tensile strength and reducing breakage during weaving.

alpinetexworld.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Alpine Texworld Limited is a vertically integrated textile manufacturer producing grey cloth (180 million meters per annum), yarn (6,000 MT per annum via open-end spinning), and sizing services (6,650 MT per annum) for the apparel, home textiles, and industrial textile industries. Operations span five divisions — Weaving, Open-Ended Spinning, Sizing, the Alpine Cottweave LLP subsidiary, and Solar energy — using state-of-the-art Japanese Toyota Shuttleless Air Jet Looms. Products are sold under categories including Denim, Suiting, Shirting, and Ready-for-Dyeing (RFD) fabrics.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Reduced environmental footprint through 6.22 MW total solar capacity
+2 more records
Product overview1 text field

Alpine Texworld Limited is a vertically integrated textile manufacturing company offering a comprehensive portfolio of products across the textile value chain. The company operates as a unified manufacturing platform comprising five specialized divisions: Weaving (producing 1.5 million meters per month via 112 Toyota Shuttleless Air Jet Looms), Open-End Spinning (producing 500 tons of yarn per month), Sizing (processing 6650 MT per annum), subsidiary Alpine Cottweave LLP (adding 96 Lacs meters per annum through 72 looms for fine cotton fabrics), and Solar energy operations. Core products include Grey Cloth (180 million meters per annum), Yarn (500 tons per month), and Sizing of Yarn (6650 MT per annum), which feed into three main fabric product lines: Suiting, Shirting, and Denim. The company also operates solar power infrastructure (5.4 MW ground-mounted and 820 KW rooftop) to support sustainable production.

Product and service6 records
1Grey Cloth
CategoryWoven Fabric
Description

Base fabric woven from high-quality yarn, serving as the foundation for dyeing, printing, and finishing processes. Produced at 180 million meters per annum capacity using state-of-the-art Toyota Shuttleless Air Jet Looms for uniform texture and durability. Sold to textile processors, garment manufacturers, and industrial fabric users.

2Yarn
CategorySpun Yarn
Description

High-quality yarn produced using Open-End Spinning Machines, available at 500 tons per month with customizable yarn counts for weaving, knitting, and other textile applications. Supports various fabric compositions from cotton to blended textiles. Sold for weaving, knitting, and other textile applications.

3Sizing of Yarn
CategoryTextile Processing Service
Description

Yarn sizing service enhancing yarn strength and durability before weaving using Pro Size Sizing Machine, with 6,650 MT per annum capacity. Improves tensile strength, reduces breakage during weaving, and enhances overall fabric quality. Sold as a processing service to textile manufacturers.

4Suiting Fabric
CategoryApparel Fabric
Description

Precision-woven fabrics designed for timeless elegance, serving the apparel industry with premium suiting materials produced using state-of-the-art Toyota Shuttleless Air Jet Looms. Targeted at garment manufacturers and fashion apparel brands.

5Shirting Fabric
CategoryApparel Fabric
Description

Premium-quality fabrics for comfort and style, including fine cotton fabrics for premium shirting produced by subsidiary Alpine Cottweave LLP. Targeted at garment manufacturers producing premium shirting.

6Denim Fabric
CategoryApparel Fabric
Description

Durable, stylish fabrics crafted for excellence, specializing in denim production using high-speed Toyota Shuttleless Air Jet Looms. Targeted at denim apparel manufacturers and fashion brands.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Alpine Cottweave LLP
Strategic tierCoreTypeOthersAnnounced on2024-10-29
Description

Subsidiary Limited Liability Partnership with 97% profit/loss sharing ratio. Alpine Cottweave LLP operates 72 looms focused on premium cotton fabrics for fine shirting and apparel. Initial LLP Agreement dated June 23, 2021 with Supplemental Agreement dated October 29, 2024.

alpinetexworld.com
Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Indian home textile manufacturer focused on bedding products exported globally. Comparable on B2B fabric manufacturing for home textile end-uses, though with a narrower product focus.

TypeDirect peer
Description

Indian composite textile mill producing yarn and woven/knitted fabric with global exports. Comparable on vertical integration and broadwoven fabric manufacturing for apparel and technical end-uses.

TypeDirect peer
Description

Indian fabric manufacturer focused on suiting, shirting, and apparel fabrics. Directly comparable on woven apparel fabric production and B2B sales to garment makers.

TypeDirect peer
Description

Vertically integrated Indian textile company producing yarn, knitted/woven fabric, and readymade garments. Comparable on vertical integration from spinning through fabric and similar B2B orientation.

TypeBroad incumbent
Description

Large Indian textile and apparel conglomerate with strong suiting and shirting fabric business plus branded retail. Overlaps with Alpine's suiting/shirting fabric categories but operates a much broader portfolio.

TypeDirect peer
Description

Indian textile conglomerate producing yarn, terry towels, home textiles, and paper. Comparable on broadwoven fabric manufacturing, home textile focus, and yarn-to-fabric integration.

TypeDirect peer
Description

Major Indian composite textile mill and the country's largest denim manufacturer, also producing shirting and suiting fabrics. Directly comparable on denim/suiting/shirting woven fabric manufacturing and B2B model.

TypeBroad incumbent
Description

One of the world's largest home textile manufacturers producing towels, bedding, and flooring. Comparable on home textile fabric manufacturing and B2B exports, though larger and more diversified.

TypeDirect peer
Description

One of India's largest vertically integrated textile manufacturers producing yarn, fabric (suiting, shirting, denim) and acrylic fiber. Highly comparable on vertical integration, B2B fabric manufacturing scale, and product mix.

TypeDirect peer
Description

Indian textile manufacturer producing yarn, woven/knitted fabric, and garments. Comparable on yarn-to-fabric integration and B2B fabric sales into apparel markets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Alpine

Cotton Textile Manufacturingalpinetexworld.com

Alpine Texworld Limited is a vertically integrated Ahmedabad-based textile manufacturer producing yarn, sized yarn, and woven fabric (combined ~276 lakh meters/year) for B2B customers in apparel, home textiles, and industrial textiles.

What Alpine does

Alpine Texworld Limited is a vertically integrated Indian textile manufacturer headquartered in Ahmedabad, Gujarat. Originally incorporated on February 26, 2016 as Alpine Spinweave Limited and converted to a public limited company under its current name in 2024, the company operates across three production stages — spinning (6,000 metric tonnes per year), sizing (6,650 metric tonnes per year), and weaving — supplying yarn and woven fabric to B2B customers in apparel, home textile, and industrial textile segments.

Its weaving operations are anchored by 112 Toyota Shuttleless Air Jet Looms at the main facility, supplemented by 72 looms at the 97%-owned subsidiary Alpine Cottweave LLP, giving the group a combined annual weaving capacity of approximately 276 lakh meters. The company has also commissioned 6.22 MW of captive solar generation (5.4 MW ground-mounted plus 820 KW rooftop), partially insulating energy costs from grid volatility. Founder-led by Sandeep Agrawal (Chairman and Managing Director), Sumit Agarwal, and Sachin Agrawal, the business pursues a direct B2B sales model with no disclosed external private equity or venture capital sponsorship.

The company crossed Rs. 100 crores of revenue in FY 2018-2019 and Rs. 200 crores in FY 2021-2022; no more recent revenue disclosure is available. Strategic activity in 2023-2024 — including the Cottweave LLP acquisition, launch of upstream spinning capacity, solar buildout, and the conversion to public limited status — points to capacity-led scaling and structural preparation for broader capital-market participation.

Alpine firmographics

Firmographics
Name
Alpine
Legal name
Alpine Texworld Limited
Website
https://alpinetexworld.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
101–250 employees
Short description
Alpine Texworld Limited is a vertically integrated Ahmedabad-based textile manufacturer producing yarn, sized yarn, and woven fabric (combined ~276 lakh meters/year) for B2B customers in apparel, home textiles, and industrial textiles.
Ownership category
akta.pro rank

Where Alpine is headquartered

Location

Headquarters

HQ city
Ahmedabad
HQ country
India
HQ region
Asia

Offices3 records

Markets served

Alpine business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Grey Cloth Manufacturing: Production and sale of grey cloth - base fabric for various textile applications including dyeing, printing, and finishing. Annual production capacity of 180 million meters (180 Lac meters) per annum.
  2. Yarn Manufacturing: Open-end spinning converting raw cotton fibers into high-quality yarn. Production capacity of 500 tons per month (6000 MT per annum) for weaving, knitting, and other textile applications.
  3. Yarn Sizing Services: Sizing service enhancing yarn strength and durability before weaving. Capacity of 6650 MT per annum, improving tensile strength and reducing breakage during weaving.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Alpine product offering

Product offering

Core offering

Alpine Texworld Limited is a vertically integrated textile manufacturer producing grey cloth (180 million meters per annum), yarn (6,000 MT per annum via open-end spinning), and sizing services (6,650 MT per annum) for the apparel, home textiles, and industrial textile industries. Operations span five divisions — Weaving, Open-Ended Spinning, Sizing, the Alpine Cottweave LLP subsidiary, and Solar energy — using state-of-the-art Japanese Toyota Shuttleless Air Jet Looms. Products are sold under categories including Denim, Suiting, Shirting, and Ready-for-Dyeing (RFD) fabrics.

Product overview

Alpine Texworld Limited is a vertically integrated textile manufacturing company offering a comprehensive portfolio of products across the textile value chain. The company operates as a unified manufacturing platform comprising five specialized divisions: Weaving (producing 1.5 million meters per month via 112 Toyota Shuttleless Air Jet Looms), Open-End Spinning (producing 500 tons of yarn per month), Sizing (processing 6650 MT per annum), subsidiary Alpine Cottweave LLP (adding 96 Lacs meters per annum through 72 looms for fine cotton fabrics), and Solar energy operations. Core products include Grey Cloth (180 million meters per annum), Yarn (500 tons per month), and Sizing of Yarn (6650 MT per annum), which feed into three main fabric product lines: Suiting, Shirting, and Denim. The company also operates solar power infrastructure (5.4 MW ground-mounted and 820 KW rooftop) to support sustainable production.

Differentiator

Problem solved

Functional benefit

Products and services

  • Grey Cloth Base fabric woven from high-quality yarn, serving as the foundation for dyeing, printing, and finishing processes. Produced at 180 million meters per annum capacity using state-of-the-art Toyota Shuttleless Air Jet Looms for uniform texture and durability. Sold to textile processors, garment manufacturers, and industrial fabric users.
  • Yarn High-quality yarn produced using Open-End Spinning Machines, available at 500 tons per month with customizable yarn counts for weaving, knitting, and other textile applications. Supports various fabric compositions from cotton to blended textiles. Sold for weaving, knitting, and other textile applications.
  • Sizing of Yarn Yarn sizing service enhancing yarn strength and durability before weaving using Pro Size Sizing Machine, with 6,650 MT per annum capacity. Improves tensile strength, reduces breakage during weaving, and enhances overall fabric quality. Sold as a processing service to textile manufacturers.
  • Suiting Fabric Precision-woven fabrics designed for timeless elegance, serving the apparel industry with premium suiting materials produced using state-of-the-art Toyota Shuttleless Air Jet Looms. Targeted at garment manufacturers and fashion apparel brands.
  • Shirting Fabric Premium-quality fabrics for comfort and style, including fine cotton fabrics for premium shirting produced by subsidiary Alpine Cottweave LLP. Targeted at garment manufacturers producing premium shirting.
  • Denim Fabric Durable, stylish fabrics crafted for excellence, specializing in denim production using high-speed Toyota Shuttleless Air Jet Looms. Targeted at denim apparel manufacturers and fashion brands.

Quantifiable outcome

  • Reduced environmental footprint through 6.22 MW total solar capacity
  • +2 more outcomes

Companies that use Alpine

Customer profile

Segments3 records

Ideal customer profiles3 records

Alpine technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Alpine partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Alpine Cottweave LLPcoreOthers · 29 October 2024Subsidiary Limited Liability Partnership with 97% profit/loss sharing ratio. Alpine Cottweave LLP operates 72 looms focused on premium cotton fabrics for fine shirting and apparel. Initial LLP Agreement dated June 23, 2021 with Supplemental Agreement dated October 29, 2024.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Alpine competitors and assessment

Company assessment

Direct peers

  • Indo Count Industries: Indian home textile manufacturer focused on bedding products exported globally. Comparable on B2B fabric manufacturing for home textile end-uses, though with a narrower product focus.
  • Loyal Textile Mills: Indian composite textile mill producing yarn and woven/knitted fabric with global exports. Comparable on vertical integration and broadwoven fabric manufacturing for apparel and technical end-uses.
  • Siyaram Silk Mills: Indian fabric manufacturer focused on suiting, shirting, and apparel fabrics. Directly comparable on woven apparel fabric production and B2B sales to garment makers.
  • KPR Mill: Vertically integrated Indian textile company producing yarn, knitted/woven fabric, and readymade garments. Comparable on vertical integration from spinning through fabric and similar B2B orientation.
  • Trident Group: Indian textile conglomerate producing yarn, terry towels, home textiles, and paper. Comparable on broadwoven fabric manufacturing, home textile focus, and yarn-to-fabric integration.
  • Arvind Limited: Major Indian composite textile mill and the country's largest denim manufacturer, also producing shirting and suiting fabrics. Directly comparable on denim/suiting/shirting woven fabric manufacturing and B2B model.
  • Vardhman Textiles: One of India's largest vertically integrated textile manufacturers producing yarn, fabric (suiting, shirting, denim) and acrylic fiber. Highly comparable on vertical integration, B2B fabric manufacturing scale, and product mix.
  • Sangam (India): Indian textile manufacturer producing yarn, woven/knitted fabric, and garments. Comparable on yarn-to-fabric integration and B2B fabric sales into apparel markets.

Broad incumbents

  • Raymond: Large Indian textile and apparel conglomerate with strong suiting and shirting fabric business plus branded retail. Overlaps with Alpine's suiting/shirting fabric categories but operates a much broader portfolio.
  • Welspun Living: One of the world's largest home textile manufacturers producing towels, bedding, and flooring. Comparable on home textile fabric manufacturing and B2B exports, though larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Alpine financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Alpine leadership team

Management profile

Number of profiles

Profiles7 records

Alpine subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Alpine funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Alpine M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpine

What does Alpine do?

Alpine Texworld Limited is a vertically integrated textile manufacturer producing grey cloth (180 million meters per annum), yarn (6,000 MT per annum via open-end spinning), and sizing services (6,650 MT per annum) for the apparel, home textiles, and industrial textile industries. Operations span five divisions — Weaving, Open-Ended Spinning, Sizing, the Alpine Cottweave LLP subsidiary, and Solar energy — using state-of-the-art Japanese Toyota Shuttleless Air Jet Looms. Products are sold under categories including Denim, Suiting, Shirting, and Ready-for-Dyeing (RFD) fabrics.

Is Alpine a public or private company?

Alpine is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Alpine founded?

Alpine was founded in 2016. It employs 101 to 250 people.

Where is Alpine based?

Alpine is headquartered in Ahmedabad, India, in the Asia region.

How does Alpine make money?

Three revenue lines are on record. Grey Cloth Manufacturing is the primary driver. The others are yarn Manufacturing and yarn Sizing Services.

Who are Alpine's main competitors?

Direct peers on record are Indo Count Industries, Loyal Textile Mills, Siyaram Silk Mills, KPR Mill, Trident Group, Arvind Limited, Vardhman Textiles and Sangam (India). Broad incumbents are Raymond and Welspun Living.

Does Alpine have an API?

No public API is recorded for Alpine.

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Live signals
Business News TodayAlpine Texworld shares hit lower circuit for 7th straight day since market debut; stock down 43% from listing priceAlpine Texworld shares hit the 5% lower circuit on Wednesday, marking the seventh consecutive trading session of declines since the company's market debut on July 21. The stock fell to Rs 73.35 per share on the NSE, representing a decline of over 43% from its IPO and listing price of Rs 105 per share. The stock had made a flat market debut at Rs 105 on the NSE.Business StandardAlpine Texworld shares hit 5% lower circuit after flat market debutAlpine Texworld Ltd listed on the BSE and NSE at ₹105 per share, matching its issue price and delivering no returns to investors on debut. After listing, the shares slipped 5% to hit the lower circuit at ₹99.75, triggering a trading halt on the BSE. The ₹126.2 crore IPO, entirely a fresh issue of 1.20 crore equity shares, was subscribed 1.4 times overall with retail investors leading the subscription.Chittorgarh.comAlpine Texworld IPO Date, Price, GMP, Review, DetailsAlpine Texworld Ltd, a dyeing and processing company, is launching an IPO with a total issue size of ₹126.25 crore. The company plans to use proceeds for a new weaving unit and repay borrowings. As of March 31, 2026, it employed 164 staff and reported a profit after tax of ₹4.88 crore.India InfolineAlpine Texworld Share Price Listing: Stock Debuts Flat at ₹105, Hits 5% Lower Circuit on Market Debut | India InfolineAlpine Texworld listed on the National Stock Exchange on July 21, 2026, at ₹105 per share, matching exactly the IPO's upper price band and delivering zero listing gains to investors. The stock immediately came under selling pressure, declining to ₹99.75 and hitting the 5% lower circuit, indicating weak buyer interest on debut. The ₹126.25 crore IPO was subscribed 1.40 times during the bidding period, and the company now commands a market capitalisation of approximately ₹402 crore with a post-listing P/E of 18.49x.NDTV Profit09:00:00 AMAs of July 20, 2026, Alpinetex shares were trading at ₹105.00, with no movement during the session as the price remained static from the previous close. The stock's 52-week performance shows a high of ₹1.00 and a low of ₹0.00, while its market capitalization is reported as ₹0.Business News TodayPrimary market action: Seven IPOs to hit Dalal Street, 5 listings lined up next weekSeven IPOs are set to hit India's Dalal Street during the week of July 20, with SBI Funds Management, Alpine Texworld, and Millworks Technologies scheduled to list on July 21. Cube Highways Trust InvIT will open its Rs 5,000-crore IPO on July 22, while Indo-MIM, Lohia Corp, and Xtranet Technologies will open their IPOs on July 23 and close on July 27. The five companies that have disclosed details will collectively mobilize approximately Rs 5,254 crore through their public issues.MintIPO GMP Check: SBI Funds Management IPO vs Alpine Texworld IPO - What grey market signals ahead of listings? | Stock Market NewsSBI Funds Management and Alpine Texworld IPOs closed their bidding on July 16, 2026, with share allotment finalised on July 17 ahead of their listings on July 21. The SBI Funds Management IPO, valued at ₹11,692.91 crore, commanded a GMP of ₹91 indicating a potential 17.42% listing gain, while the Alpine Texworld IPO of ₹126.25 crore had a GMP of just ₹1 suggesting minimal listing premium. Subscription data showed stark contrast with SBI Funds Management subscribed 41.66 times versus Alpine Texworld at 1.40 times.The Times of IndiaIPO calendar: 5 IPOs opening for subscription to keep investors busy; SBI Funds among 4 listings scheduled - The Economic TimesThe primary market will remain active in the coming week with five IPOs opening for subscription, including two mainboard offerings from Xtranet Technologies (Rs 166.8 crore) and Cube Highways Trust InvIT (Rs 5,000 crore), alongside three SME issues. Four IPOs are scheduled to list, with SBI Funds Management being the most closely watched after its Rs 9,813 crore issue was subscribed over 40 times with a grey market premium of around 16%. SME listings include Millworks Technologies (GMP over 100%), Alpine Texworld (GMP at 0%), and Sotefin Bharat.NDTV ProfitStock Market Today: All You Need To Know Going Into Trade On July 14Indian equity benchmarks extended gains for the third consecutive session on July 14, 2026, with the Nifty 50 closing 0.02% higher at 24,211 and Sensex gaining 0.06% to 77,616.40, recovering from early losses driven by IT stocks. Key earnings included HCL Technologies reporting Q1 net profit up 3% to Rs 4,624 crore and approving a Rs 3,500 crore investment to set up AI data centres in India, while ICICI Prudential AMC posted 25.5% rise in Q1 net profit to Rs 965 crore. Two IPOs opened for subscription: SBI Funds Management (India's largest asset manager) with an issue size of Rs 9,812.91 crore and Alpine Texworld at Rs 126.25 crore.