Glass Wall Systems (India)
· Mainboard · NSE, BSE
Price Band
₹172–182
Lot Size
82 shares
Issue Size
₹428 Cr
Min. Investment
₹14,924
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹221 — arithmetic, not a forecast
Subscription Status
Glass Wall Systems (India)IPO: Overview & Key Facts
Glass Wall Systems (India) IPO is a Mainboard issue that listed on NSE, BSE on 16 September 2026. The price band is ₹172–₹182 per equity share, with a market lot of 82 shares. The total issue size is ₹428 Cr. At the upper price band, the minimum application for an individual investor is 1 lot (82 shares), amounting to ₹14,924.
Glass Wall Systems (India) IPO GMP & Listing
The last grey market premium (GMP) reported for Glass Wall Systems (India) IPO before listing was ₹39, about 21.43% over the upper price band of ₹182, and informal quotes had risen over the sessions we recorded. The shares opened at ₹194 on listing day, 6.6% above the issue price of ₹182. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
Glass Wall Systems (India)IPO Subscription Status & Demand Analysis
On the latest figures we have, Glass Wall Systems (India) IPO was subscribed 81.46x overall — with QIB at 167.93x, NII at 79.66x, bNII at 73.9x, sNII at 91.16x, Retail at 32.83x, from about 30,69,332 applications. Where the individual-investor category is oversubscribed, allotment in it is decided by a computerised lottery: as many applicants as possible receive the minimum application, chosen at random.
Glass Wall Systems (India) IPO Allotment & Listing
The registrar for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime); the basis of allotment was finalised on 11 September 2026 and the shares listed on 16 September 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹182
Listed At
₹194
Current Price
₹242.6
Issue Objectives
- Funding capital expenditure requirement for setting up of a glass processing unit (GPU Project) as part of planned backward integration of the Company at Vile Bhagad Facility
- General Corporate Purposes
- Issue Expenses
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 1,17,55,212 | 50% |
| − Anchor Investor | 70,53,127 | 30% |
| − QIB (Ex. Anchor) | 47,02,085 | 20% |
| NII (HNI) | 35,26,564 | 15% |
| − bNII > ₹10L | 23,51,043 | 10% |
| − sNII < ₹10L | 11,75,521 | 5% |
| Retail | 82,28,649 | 35% |
- QIB30.3%
- − Anchor Investor18.2%
- − QIB (Ex. Anchor)12.1%
- NII (HNI)9.1%
- − bNII > ₹10L6.1%
- − sNII < ₹10L3.0%
- Retail21.2%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 82 | ₹14,924 |
| Retail (Max) | 13 | 1066 | ₹1,94,012 |
| S-HNI (Min) | 14 | 1148 | ₹2,08,936 |
| S-HNI (Max) | 67 | 5494 | ₹9,99,908 |
| B-HNI (Min) | 68 | 5576 | ₹10,14,832 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
9.90
EPS (Post IPO)
9.53
ROE
32.03%
P/E (Pre IPO)
18.38
P/E (Post IPO)
19.1
Market Cap
₹1,540.42 Cr.
Contact Details
Glass Wall Systems (India) Ltd. Address
- +91 22 6103 3456
- compliance@glasswallsystem.com
- https://www.glasswallsystems.in/
Registrar Contact Details
MUFG Intime India Pvt. Ltd. (formerly Link Intime)
- +91 22 4918 6270
- ipo.helpdesk@linkintime.co.in
- https://linkintime.co.in
- C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai – 400083
Frequently Asked Questions
Key Dates
- Open Date
- 08 Sept 2026
- Close Date
- 10 Sept 2026
- Basis of Allotment
- 11 Sept 2026
- Listing Date
- 16 Sept 2026
Issue Details
- Registrar
- MUFG Intime India
- Exchange
- NSE, BSE