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Alpine Texworld Ltd. provides fabric dyeing and processing to various clients across the textile apparel ecosystem. The company started its operations in 2016 and is based in Ahmedabad. This IPO helps the company fund industrial expansion and reduce debt elements. The company will use the fresh issue money to establish a new weaving unit in Gujarat. It also wants to settle parts of its outstanding corporate borrowings. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of __ Equity Shares to Anchor Investors at Rs. __ per share.
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
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