Open a Free Demat Account !
₹0 AMC & Account Opening Fee
GW
Glass Wall Systems India IPO
Glass Wall Systems India Limited
₹14,924/ 82 shares
Minimum investment
Analyse with FinAIGlass Wall Systems India IPO Details
Bidding date
08 Sep - 10 Sep 2026
Price range
₹172 - ₹182
Minimum quantity
82
Minimum investment
₹14,924
Issue size
₹300 Cr.
Listing exchange
NSE/BSE
Glass Wall Systems India IPO Dates & Timeline
08 Sep, 2026
Opening date
10 Sep, 2026
Closing date
11 Sep, 2026
Basis of allotment
15 Sep, 2026
Initiation of refunds
15 Sep, 2026
Credit of shares
16 Sep, 2026
Listing date
IPO Objectives & Issue Structure
Total Issue Size:
₹428 Crore
Fresh Issue: 14% (₹60 Cr)
OFS: 86% (₹368 Cr)
Fresh Issue – ₹60 Crore
- Glass Processing Unit (GPU Project) – Capital expenditure for setting up a glass processing unit as part of planned backward integration at the Vile Bhagad Facility - ₹50 Cr
Offer for Sale – ₹368 Crore
- Jawahar Hariram Hemrajani - ₹46.05 Cr
- Eshan Jawahar Hemrajani - ₹49.88 Cr
- India Business Excellence Fund IIA - ₹271.96 Cr
Before Issue: 64.38%
After Issue: 55.97%
Shareholder Lock-in Schedule
Lock-in / Stabilization | Timeline |
|---|---|
Minimum Promoters’ Contribution | 3 Years from the date of Allotment |
Promoters’ Shareholding above 20% | 1 Year from the date of Allotment |
Pre-Offer Shares held by Non-Promoters | 6 Months from the date of Allotment |
Anchor Investors – 50% | 90 Days from the date of Allotment |
Anchor Investors – Remaining 50% | 30 Days from the date of Allotment |
Note: Retail IPO investors have no lock-in and can sell shares from the listing day.
Glass Wall Systems India IPO Subscription Status
Category | Subscription |
|---|---|
Qualified Institutional Buyers | 167.93x |
Retail Individual Investor | 33.18x |
Non-Institutional Investor | 79.71x |
Others | - |
Total | 81.72x |
How to Apply for Glass Wall Systems India IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.
Glass Wall Systems India IPO Market Sentiment: See How Many Are Interested
Yes
70%
No
19%
Not Sure
11%
Will you apply for Glass Wall Systems India IPO?
57 investors voted
Want to apply in IPO?
Open Rupeezy account now. It is 100% free and secure.