The Alpine Texworld IPO closed with full subscription on the final day of bidding. Retail investors showed the strongest participation, while the grey market premium indicated expectations of a modest listing gain of around 5%, although such premiums are unofficial and can change rapidly.
The company intends to use the IPO proceeds to support future expansion plans and strengthen business operations. Analysts continue advising investors to evaluate the company’s financials and valuation rather than relying solely on grey market sentiment.
