Comparison between Alpine Texworld IPO and Kusumgar IPO.
Alpine Texworld IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kusumgar IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Alpine Texworld IPO is up to ₹126.25 Cr whereas the issue size of the Kusumgar IPO is up to ₹650.00 Cr. The final issue price of Alpine Texworld IPO is and of Kusumgar IPO is ₹419.00 per share.
| Alpine Texworld IPO | Kusumgar IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹398.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹419.00 per share |
| Issue Price (Final) | ₹419.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ₹39.00 per share | |
| Market Lot Size | 142 shares | 35 shares |
| Fresh Issue Size | 1,20,24,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹126.25 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 1,55,21,350 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹650.00 Cr |
| Issue Size Total | 1,20,24,000 shares | 1,55,21,350 shares |
| Issue Size Total (Amount) | up to ₹126.25 Cr | up to ₹650.00 Cr |
Alpine Texworld IPO opens on Jul 14, 2026, while Kusumgar IPO opens on Jul 08, 2026. The closing date of Alpine Texworld IPO and Kusumgar IPO is Jul 16, 2026, and Jul 10, 2026, respectively.
| Alpine Texworld IPO | Kusumgar IPO | |
|---|---|---|
| Anchor Bid Date | Jul 07, 2026 | |
| Issue Open | Jul 14, 2026 | Jul 08, 2026 |
| Issue Close | Jul 16, 2026 | Jul 10, 2026 |
| Basis Of Allotment (Tentative) | Jul 17, 2026 | Jul 13, 2026 |
| Initiation of Refunds (Tentative) | Jul 20, 2026 | Jul 14, 2026 |
| Credit of Share (Tentative) | Jul 20, 2026 | Jul 14, 2026 |
| Listing date (Tentative) | Jul 21, 2026 | Jul 15, 2026 |
| Anchor Lockin End date 1 | Aug 12, 2026 | |
| Anchor Lockin End date 2 | Oct 11, 2026 |
Alpine Texworld IPO P/E ratio is 12.68, as compared to Kusumgar IPO P/E ratio of 44.8.
| Alpine Texworld IPO | Kusumgar IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | 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.
| Company Financials (Restated)Kusumgar Ltd.'s revenue decreased by 10% and profit after tax (PAT) dropped by 12% between the financial year ending with March 31, 2026 and March 31, 2025.
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| Promoter Shareholding (Pre-Issue) | 90.36 | 89.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 61.96 | 74.72 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.68 | 44.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹401.59 Cr. | ₹4399.14 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 33.85 | 25.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 17.56 | 24.76 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.35 | 0.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.28 | ₹9.35 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 29.44 | 25.82 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Alpine Texworld IPO Retail Individual Investors (RII) are offered 84,16,800 shares while in Kusumgar IPO retail investors are offered 84,16,800 shares. Qualified Institutional Buyers (QIB) are offered 1,20,240 shares in Alpine Texworld IPO and 30,85,919 shares in Kusumgar IPO.
| Alpine Texworld IPO | Kusumgar IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 46,28,877 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 1,20,240 shares | 30,85,919 shares |
| NII | 34,86,960 shares | 23,14,439 shares |
| RII | 84,16,800 shares | 54,00,358 shares |
| Employee | 0 shares | 92,105 shares |
| Others | ||
| Total | 1,20,24,000 shares | 1,55,21,698 shares |
Alpine Texworld IPO subscribed 1.40x in total, whereas Kusumgar IPO subscribed 95.23x.
| Alpine Texworld IPO | Kusumgar IPO | |
|---|---|---|
| QIB (times) | 1.09x | 299.09x |
| NII (times) | 1.09x | 174.19x |
| Big NII (times) | 0.90x | 189.30x |
| Small NII (times) | 1.48x | 143.97x |
| RII (times) | 1.54x | 27.95x |
| Employee (times) | 11.09x | |
| Other (times) | ||
| Total (times) | 1.40x | 95.23x |
