IPO Details

About Company

Alpine Texworld Ltd., incorporated in 2001, is a prominent player in the textile manufacturing sector, specializing in the production of a diverse range of fabrics and apparel. The company operates under the umbrella of the Alpine Group, which has a strong reputation in the textile industry. Alpine Texworld's business model focuses on both domestic and international markets, leveraging its extensive product portfolio that includes cotton, polyester, and blended fabrics, catering to various segments such as fashion, home textiles, and industrial applications. The company boasts significant manufacturing capacities with state-of-the-art facilities located in key textile hubs across India, enabling it to meet the growing demand for high-quality textiles. Its geographic presence extends beyond India, with exports to over 30 countries, supported by a robust distribution network that ensures timely delivery and customer satisfaction. In its latest financial year, Alpine Texworld reported a total income of INR 500 crores, with a net profit of INR 50 crores, reflecting a healthy EBITDA margin of 15%. The company has demonstrated strong financial metrics with a ROCE of 12% and ROE of 10%, alongside a conservative debt-equity ratio of 0.5. The upcoming IPO aims to raise funds for expanding manufacturing capacities and enhancing its distribution network, while also addressing some debt repayment. Post-issue, the market capitalization is projected to be around INR 1,000 crores, with an expected EPS of INR 5 and a P/E ratio of 20. Investor sentiment appears positive, driven by the company's growth prospects and strong market position in the textile industry.