Alpine Texworld IPO Day 2: GMP at 10%; check subscription, valuation and other key details

The Rs 126.25 crore Alpine Texworld IPO witnessed healthy investor interest on Day 2, with the issue subscribed 28% on the first day, led by retail participation. The IPO is commanding a grey market premium of around 10%, indicating a potential listing price of about Rs 115 per share against the upper price band of Rs 105. The issue closes for subscription on July 16.