
Capital 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
+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: 16 Sept 2026
Current Premium
Issue Price (Upper)
₹182
Band: ₹172 – ₹182
Estimated Listing Price
₹221
Upper price + GMP
Lot Size
82 shares
Min investment ₹14,924
Estimated Profit / Lot
₹3,198
82 × ₹39
Grey Market Premium trend
+₹39
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹39 | 21.4% | ₹221 |
| 26 Sep 2026 | +₹39 | 21.4% | ₹221 |
| 25 Sep 2026 | +₹35 | 19.3% | ₹217 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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 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.
The latest grey market premium for Glass Wall Systems (India) Limited IPO is ₹39, which indicates an expected listing price of ₹221.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.