Glass Wall Systems (India) Limited
ListedMainboardCapital Goods / Construction Services · NSE / BSE
Glass Wall Systems (India) Limited, incorporated in 2010, is a façade engineering and fenestration solutions provider operating in India and international markets such as the United States and Australia. The company specializes in end-to-end façade services including design, engineering, fabrication, supply, installation, and EPC execution for large real estate and infrastructure projects, along with international supply of façade products and premium fenestration solutions like windows, doors, skylights, and partitions. Through its subsidiary Yes Systems Private Limited (brand ORIA), it also caters to the luxury segment and collaborates with global partners in advanced window systems. With over 150 completed projects across commercial, residential, and institutional segments, the company serves leading developers, contractors, and corporates both in India and abroad, supported by a skilled workforce of 289 employees as of March 2025.
Price Band
₹172 – ₹182
Issue Size
₹2351.04 L Cr
Lot Size
82 shares
GMP
₹39
+21.4%
Est. Listing
₹221
at current GMP
Subscribed
81.65x
overall
Open
8 Sep 2026
Close
10 Sep 2026
Allotment
11 Sep 2026
Refund
12 Sep 2026
Demat Credit
13 Sep 2026
Listing
16 Sep 2026
Last updated 12 days ago
Overall Subscription
81.65x
Total Demand
QIB Multiplier
167.93x
Institutions & Funds
NII / HNI
79.71x
High Net-Worth
Retail (RII)
33.18x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,702,085 | 789,608,094 | 167.93x |
| NIB | 3,526,564 | 281,114,614 | 79.71x |
| HNIs(10L +) | 2,351,043 | 173,747,340 | 73.90x |
| HNIs (2-10L) | 1,175,521 | 107,367,274 | 91.34x |
| RETAIL | 8,228,649 | 273,004,978 | 33.18x |
| Total | 19,983,862 | 1,624,842,300 | 81.65x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 100,349 | 2,965,089 | 29.55x |
| HNIs(10L +) | 2,048 | 30,718 | 15.00x |
| HNIs (2-10L) | 1,024 | 90,589 | 88.47x |
| Total Applications | 103,421 | 3,086,396 | 29.84x |
Day-Wise Subscription Progress
About Glass Wall Systems (India) Limited Public Issue & Market Profile
Glass Wall Systems (India) Limited is bringing an initial public offering (IPO) in the Capital Goods / Construction Services sector with an aggregate issue size of ₹2,35,10,425 Crores. The shares are offered at a price band of ₹172 to ₹182 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 82 shares (approx. ₹14,924 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-13, while un-allotted funds or UPI block mandates will be released on 2026-09-12.
Frequently Asked Questions
What is the issue size and price band for Glass Wall Systems (India) Limited IPO?
The Glass Wall Systems (India) Limited IPO aggregate issue size is ₹2,35,10,425 Crores with an equity price band set at ₹172 to ₹182 per equity share. The retail lot size is 82 shares requiring a minimum capital outlay of approx. ₹14,924.
How can I check Glass Wall Systems (India) Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Glass Wall Systems (India) Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-11.