Alpine Texworld Ltd. IPO

Our Company, incorporated in February 2016 and began production in April 2017 with the commencement of its weaving unit including the sizing plant at Block No. 614-1105, Village-Paldi, Pirana Miroli Road, Paldi Kankaj, Ahmedabad, Dascroi, Gujarat, India, 382425 (“Manufacturing Unit 1”). At the time of commencement, the Company installed 48 high-speed Toyota Shuttleless airjet looms in April 2017. Subsequently, in August 2018, our Company further enhanced its production capacity by installing an additional 64 high-speed Toyota Shuttleless airjet looms, bringing increased operational efficiency and scale.

Thereafter, in March 2025, our Company expanded its manufacturing unit by commencing its spinning unit by installation of four (4) open end rotor spinning machines, at Block no 1105, Old Block no 614 (Old Survey no 306), Mouje Paldi Kankaj. Taluka Dascroi, Dist Ahmedabad, Ahmedabad - 11 (Aslali) (“Manufacturing Unit 2”). The Manufacturing Unit 2 is obtained on a leasehold basis from one of its Group Companies/Promoter Group, Alpine Weaving Private Limited and the same is situated adjacent to Manufacturing Unit 1.

The decision to establish the spinning plant at Manufacturing Unit 2 ensures operational synergies and management efficiencies with our existing Manufacturing Unit 1. The Manufacturing Unit 1 and Manufacturing Unit 2 collectively includes main building sheds, effluent treatment plants, boiler foundations, machineries, office spaces, raw material storage areas, electrical rooms, water tanks, coal yards, and other auxiliary structures.

Our Company has grown into a vertically integrated textile manufacturer with capabilities in weaving and spinning. Our Company procures processed cotton, which is subject to open-end spinning, resulting in yarns (“Yarn”) of varying thicknesses. The Yarns are then woven into grey fabric (“Grey Fabric”) using looms.

Our Company had installed a rooftop solar plant at (i) Manufacturing Unit 1 with a capacity of 820 KW of solar energy in January 2024 (“Solar Unit 1”), and (ii) Manufacturing Unit 2 with a capacity of 475 KW of solar energy in November 2025 (“Solar Unit 3”). In addition to the rooftop solar panels, our Company has installed ground mounted solar panels at Survey No., 216 (Old Survey No. - 51/2), Khata No. 190, Village - Makhanu, Taluka - Deodar, District – Banaskantha and Survey No., 221 (Old Survey No. - 51/1), Khata No. 190, Village - Makhanu, Taluka - Deodar, District – Banaskantha (“Solar Unit 2”) in March 2025 with a capacity of 5.4 megawatts and in April 2026 with an additional capacity of 3.6 megawatts of solar energy, which has further reduced dependency on grid power and promoted cost efficiency. The generated electricity offsets our Company’s power consumption, with Uttar Gujarat Vij Company Limited adjusting the same against energy bills.