The Alpine Texworld IPO allotment is likely to be finalised today, with investors set to find out if they have secured shares in the Rs 126.25 crore issue. Applicants can check their allotment status on the registrar's website or the BSE and NSE portals. Meanwhile, a grey market premium (GMP) of just 1% points to muted listing expectations.Following the allotment, successful applicants can expect the shares to be credited to their demat accounts ahead of the company's market debut. Alpine Texworld is scheduled to list on the NSE SME platform on July 21, 2026.The Alpine Texworld IPO, which was open for subscription from July 14 to July 16, received a modest response, with the issue being subscribed 1.40 times overall. The retail investor segment led demand, attracting 1.54 times subscription. The qualified institutional buyers (QIB) portion was subscribed 1.09 times, while the non-institutional investors (NII) category also saw a 1.09 times subscription.Investors can check their allotment status through either of the following platforms:1. Registrar’s WebsiteVisit KFinTech IPO Allotment page (https://ipostatus.kfintech.com/)Select Alpine Texworld from the drop-down menu.Enter your PAN, application number, or DP/Client ID to view allotment details.2. NSE Website (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)Go to NSE IPO Allotment pageSelect EquityChoose Alpine TexworldEnter your application number and PAN.3.BSE Website ( https://www.bseindia.com/investors/appli_check)Select Equity under issue type.Select Alpine Texworld from the dropdown.Enter your application number OR PAN number.And fill the captcha and click search to view allotment.GMP signals a muted debutAhead of its listing, Alpine Texworld's shares are commanding a grey market premium (GMP) of around 1%, indicating expectations of a largely flat market debut. Based on the current GMP, the stock could list at around Rs 106 per share, marginally above the upper issue price of Rs 105.However, investors should view the GMP with caution, as it is an unofficial indicator that can change rapidly with shifts in market sentiment.The Rs 126.25 crore IPO was priced in the Rs 100-105 per share band and comprised a fresh issue of 1.20 crore equity shares, with no offer-for-sale (OFS) component.How Alpine Texworld plans to use the IPO proceedsThe company plans to deploy the IPO proceeds to expand manufacturing capacity, reduce debt, and meet general corporate requirements.Of the total proceeds, Rs 32.08 crore has been earmarked to set up a new weaving unit at its proposed Manufacturing Unit 3 in Ahmedabad, Gujarat, which is expected to boost grey fabric production capacity. Another Rs 52.20 crore will be used to repay or prepay certain borrowings, helping improve the company's balance sheet and financial flexibility. The remaining funds will be utilised for general corporate purposes.About Alpine TexworldFounded in 2016, Alpine Texworld is engaged in fabric dyeing and processing, supplying textile products to garment manufacturers, traders, and other participants across the textile value chain.The company currently operates two manufacturing facilities with an installed processing capacity of around 6,000 metric tonnes per annum for cotton and blended yarn.As part of its sustainability initiatives, Alpine Texworld commissioned an 820 KW rooftop solar power plant at its Unit 1 facility in January 2024, followed by a 5.4 MW ground-mounted solar project in Banaskantha, Gujarat, in March 2025, strengthening its renewable energy footprint and improving operational efficiency.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)