Aastha Spintex IPO vs Alpine Texworld IPO

Comparison between Aastha Spintex IPO and Alpine Texworld IPO.

IPO Details

Aastha Spintex IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Alpine Texworld IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Aastha Spintex IPO is up to ₹170.00 Cr whereas the issue size of the Alpine Texworld IPO is up to ₹126.25 Cr. The final issue price of Aastha Spintex IPO is ₹136.00 per share and of Alpine Texworld IPO is .

 Aastha Spintex IPOAlpine Texworld IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹125.00 per share₹100.00 per share
Issue Price (Upper)₹136.00 per share₹105.00 per share
Issue Price (Final)₹136.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size110 shares142 shares
Fresh Issue Size1,25,00,000 shares1,20,24,000 shares
Fresh Issue Size (Amount)up to ₹170.00 Crup to ₹126.25 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total1,25,00,000 shares1,20,24,000 shares
Issue Size Total (Amount)up to ₹170.00 Crup to ₹126.25 Cr

IPO Timetable

Aastha Spintex IPO opens on Jun 29, 2026, while Alpine Texworld IPO opens on Jul 14, 2026. The closing date of Aastha Spintex IPO and Alpine Texworld IPO is Jul 01, 2026, and Jul 16, 2026, respectively.

Financials & KPIs

Aastha Spintex IPO P/E ratio is 18.78, as compared to Alpine Texworld IPO P/E ratio of 12.68.

 Aastha Spintex IPOAlpine Texworld IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets331.66274.20240.57172.59
Total Income314.02352.17305.67239.69
Profit After Tax17.5622.9216.291.06
EBITDA35.2546.3634.2511.60
NET Worth153.18121.0576.3860.01
Reserves and Surplus121.4791.1249.0732.70
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Alpine Texworld Ltd.'s revenue increased by 47% and profit after tax (PAT) rose by 152% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 2025
Assets305.31294.86
Total Income350.18237.66
Profit After Tax21.728.63
EBITDA47.4527.00
NET Worth72.8851.13
Reserves and Surplus46.3224.86
Total Borrowing177.60166.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)74.2390.36
Promoter Shareholding (Post-Issue)53.2161.96
P/E Ratio18.7812.68
Market Cap₹600.33 Cr.₹401.59 Cr.
ROE23.2133.85
ROCE18.8917.56
Debt/Equity0.792.35
EPS₹7.24₹8.28
RoNW18.9329.44

Shares Offered

In the Aastha Spintex IPO Retail Individual Investors (RII) are offered 50,00,000 shares while in Alpine Texworld IPO retail investors are offered 50,00,000 shares. Qualified Institutional Buyers (QIB) are offered 25,00,000 shares in Aastha Spintex IPO and 1,20,240 shares in Alpine Texworld IPO.

 Aastha Spintex IPOAlpine Texworld IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB25,00,000 shares1,20,240 shares
NII50,00,000 shares34,86,960 shares
RII50,00,000 shares84,16,800 shares
Employee0 shares0 shares
Others
Total1,25,00,000 shares1,20,24,000 shares

Bids Received (Subscription)

Aastha Spintex IPO subscribed 5.05x in total, whereas Alpine Texworld IPO subscribed 1.40x.

 Aastha Spintex IPOAlpine Texworld IPO
QIB (times)3.59x1.09x
NII (times)8.29x1.09x
Big NII (times)9.11x0.90x
Small NII (times)6.66x1.48x
RII (times)2.54x1.54x
Employee (times)
Other (times)
Total (times)5.05x1.40x

Compare with others

Compare:

Aastha Spintex IPO Vs Alpine Texworld IPO