MintLean R·
Alpine Texworld IPO off to a slow start; subscribed 0.28 times on Day 1; GMP indicates modest listing
Alpine Texworld's IPO had a weak debut, with only 0.28 times subscription on Day 1. Retail and NII segments saw low bids, while QIB was fully subscribed. The company aims to raise ₹126 crore for expanding production in Ahmedabad and paying off debt.
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