Glass Wall Systems (India) Ltd IPO
Price Range
₹172 - ₹182
-
Min. Quantity
82 Shares
Closes on
September 10, 2026
-
Min. investment
₹14,924
Glass Wall Systems (India) Ltd IPO Timeline
| Event | Date |
|---|---|
| Glass Wall Systems (India) Ltd IPO Opening Date | September 8, 2026 |
| Glass Wall Systems (India) Ltd IPO Closing Date | September 10, 2026 |
| Basis of Allotment | September 11, 2026 |
| Initiation of Refunds | September 15, 2026 |
| Credit of Shares to Demat | September 15, 2026 |
| Glass Wall Systems (India) Ltd IPO Listing Date | September 16, 2026 |
Glass Wall Systems (India) Ltd IPO Details
| Glass Wall Systems (India) Ltd IPO Date | September 8, 2026 to September 10, 2026 |
| Glass Wall Systems (India) Ltd IPO Face Value | ₹2 per share |
| Glass Wall Systems (India) Ltd IPO Price | ₹172 to ₹182 per share |
| Glass Wall Systems (India) Ltd IPO Lot Size | 82 |
| Issue Size | Shares of ₹2 (aggregating up to ₹407.68 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹60 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹367.89 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 47,02,085 of the Net Offer |
| Retail Shares Offered | Not less than 82,28,649 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 35,26,564 of the Net Offer |
| Company Promoters | Jawahar Hariram Hemrajani |
Glass Wall Systems (India) Ltd IPO Lot Size
The Glass Wall Systems (India) Ltd IPO lot size is 82 shares. A retail-individual investor can apply for up to 13 lots (1,066 shares or ₹1,94,012).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 82 | ₹14,924 |
| Maximum | 13 | 1,066 | ₹1,94,012 |
- Strengths
- Risks
- Opportunities
- Market leadership supported by a diversified business model and strong foothold in domestic and international markets.
- Marquee client base with proven track record of successful project execution.
- Expertise in design and engineering and strategically located manufacturing facility with large capacity and advanced infrastructure.
- Focused on creating environmentally sustainable high-performance solutions.
- Experienced Promoters and management team.
Company Financials
Glass Wall Systems (India) Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 289.57 | 251.7 | 43.81 |
| 03-2024 | 258.34 | 288.02 | 11.95 |
| 03-2023 | 303.93 | 242.18 | 16.11 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure requirement for setting up of GPU Project as part of planned backward integration of the Company at the Vile Bhagad Facility
- General corporate purposes
Glass Wall Systems (India) Ltd IPO Promoter Holding
| Pre Issue Share Holding | 37.42% |
| Post Issue Share Holding | 33.14% |
Glass Wall Systems (India) Ltd IPO Subscription Status (Bidding Detail)
The Glass Wall Systems (India) Ltd IPO is subscribed 2.52 times on September 10, 2026 05:00:00 PM. The public issue subscribed 3.7487 times in the retail category, 0.0091 times in the QIB category, and 3.0229 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 0.0091 | 3.0229 | 3.7487 | - | 2.52 |
Glass Wall Systems (India) Ltd IPO Prospectus
Glass Wall Systems (India) Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE644Q01039 |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
503-504 5th Flr A WingMarathon Futurex Lower Parel-E,Mumbai-400013
Phone: +91 22 6103 3456
Email: compliance@glasswallsystem.com
Website: www.glasswallsystems.in
Glass Wall Systems (India) Ltd IPO Registrar
Email: glasswallsystems.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com
Glass Wall Systems (India) Ltd IPO Lead Manager(s)
- IIFL Capital Services Limited
- Motilal Oswal Investment Advisors Limited
How to Check the Allotment Status of Glass Wall Systems (India) Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Glass Wall Systems (India) Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Glass Wall Systems (India) Ltd IPO
Prior to the conversion as a private limited company, Company's business was carried out in the name of Glass Wall Systems', the erstwhile partnership firm, originally formed pursuant to a deed of partnership dated July 19, 2002. This partnership firm was registered with the Registrar of Firms on March 5, 2003. Glass Wall Systems (India) Private Limited was incorporated in Mumbai on August 27, 2010. Thereafter, Company was converted from a private limited company to a public limited company and the name of the Company was changed to Glass Wall Systems (India) Limited', and a fresh certificate of incorporation dated April 28, 2025 was issued by the RoC to the Company.
