Glass Wall Systems (India) IPO
The Glass Wall Systems (India) IPO was a ₹427.89 crore mainboard issue (fresh issue and offer for sale), open for bidding from 8 Sep to 10 September 2026 at a price band of ₹172 to ₹182. The final issue price was ₹182. It was subscribed 81.65 times overall, and 33.18 times in the retail category. Shares listed on NSE and BSE on 16 September 2026 at ₹194.00, 6.6% above the issue price, and closed the first day at ₹214.85.
- Listing gain at open
- +6.6%₹194.00 vs ₹182
- Issue price
- ₹182Band ₹172 to ₹182
- Lot size
- 82 sharesMinimum ₹14,924
- Issue size
- ₹427.89 crore
- Subscribed
- 81.65xOverall
- Listed
- 16 Sep 2026NSE, BSE
Price and lots
Glass Wall Systems (India) IPO details
NSE issue details| Bidding dates | 8 Sep 2026 to 10 Sep 2026 |
| Listing date | 16 September 2026 |
| Price band | ₹172 to ₹182 |
| Final issue price | ₹182 |
| Face value | ₹2 per share |
| Lot size | 82 shares |
| Minimum investment | ₹14,924 (82 shares, our calculation) |
| Retail maximum | 13 lots (₹1,94,012), under ₹2 lakh (our calculation) |
| Issue size | ₹427.89 crore (our calculation from the NSE issue details) |
| Type of issue | Book Building, Fresh issue and offer for sale |
| Listed on | NSE and BSE |
| NSE symbol | GLASSWALL |
| BSE code | 544913 |
| ISIN | INE644Q01039 |
| Lead managers | IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), Motilal Oswal Investment Advisors Limited |
| Registrar | MUFG Intime India Private Limited |
Subscription and listing
Glass Wall Systems (India) IPO subscription and listing
NSE and BSEFinal subscription
NSE issue details- QIBs167.93x
- Non-institutional (NII)79.71x
- NII above ₹10 lakh73.90x
- NII ₹2 lakh to ₹10 lakh91.34x
- Retail33.18x
- Total81.65x
Times subscribed at the close of bidding, as published by NSE. It is a fact about demand, not a sign of quality.
Listing day
Our calculation: gains vs issue price| NSE | BSE | |
|---|---|---|
| Open | ₹194.00 | ₹190.10 |
| High | ₹229.00 | - |
| Low | ₹185.20 | - |
| Close | ₹214.85 | ₹215.35 |
| Gain at open | +6.6% | +4.5% |
| Gain at close | +18.0% | +18.3% |
| Shares traded | 5,08,39,300 | - |
Latest: closed at ₹245.60 on NSE on 6 November 2026, +34.9% vs the issue price (our calculation). Past returns say nothing about future returns.
How it compares
How the Glass Wall Systems (India) IPO compares
Our calculation: 2026 mainboard IPOs on IPO24by7Among 109 mainboard IPOs of 2026 on our tracker, the Glass Wall Systems (India) IPO's subscription of 81.65 times ranks 30th of 109, and its listing gain of 6.6% at open ranks 59th of 107. By issue size it ranks 64th. The median listing-day gain at open for mainboard IPOs this year is +7.6%. See all 2026 IPOs with listing gains or the IPO calendar for September 2026.
Other mainboard IPOs listed in September 2026
| IPO | Listed | Issue price | Subscribed | Gain at open |
|---|---|---|---|---|
| Adroit Industries (India) | 30 Sep 2026 | ₹134 | 176.85x | +75.4% |
| ArMee Infotech | 30 Sep 2026 | ₹375 | 2.44x | 0.0% |
| Elevate Campuses | 30 Sep 2026 | ₹362 | 1.79x | −1.9% |
| Swastika Infra | 30 Sep 2026 | ₹185 | 7.60x | +8.1% |
| Varmora Granito | 29 Sep 2026 | ₹148 | 1.58x | +4.7% |
| National Stock Exchange of India | 24 Sep 2026 | ₹1,785 | 5.71x | +0.8% |
Allotment
Glass Wall Systems (India) IPO allotment status
- Open the registrar's pageMUFG Intime India Private Limited is the registrar. Open its allotment page.
- Select Glass Wall Systems (India) LimitedOlder issues may move to an archive list on the registrar's site.
- Enter your PAN, application number or DP IDUse the details you applied with.
- Or check your demat accountAllotted shares were credited before the listing day.
Documents
Questions
Glass Wall Systems (India) IPO FAQs
What was the Glass Wall Systems (India) IPO price band?
The price band was ₹172 to ₹182 per share and the final issue price was ₹182. The face value is ₹2 per share.
What was the Glass Wall Systems (India) IPO lot size?
One lot was 82 shares. The minimum investment at the issue price was ₹14,924. Retail investors could apply for up to 13 lots.
How many times was the Glass Wall Systems (India) IPO subscribed?
It was subscribed 81.65 times overall, as published by NSE. QIBs bid 167.93 times their quota, NIIs 79.71 times and retail investors 33.18 times.
What was the Glass Wall Systems (India) IPO listing price?
It opened at ₹194.00 on NSE and BSE on 16 September 2026, a gain of 6.6% over the issue price of ₹182 (our calculation). It closed the day at ₹214.85.
How do I check Glass Wall Systems (India) IPO allotment status?
MUFG Intime India Private Limited is the registrar. Select Glass Wall Systems (India) Limited on its allotment page and enter your PAN, application number or DP ID. You can also check on the NSE or BSE application status page.
Was the Glass Wall Systems (India) IPO a fresh issue or an offer for sale?
Fresh issue and offer for sale, as stated in the NSE issue details.
Who were the lead managers of the Glass Wall Systems (India) IPO?
IIFL Capital Services Limited (Formerly known as IIFL Securities Limited), Motilal Oswal Investment Advisors Limited.
Sources: NSE public issue information and IPO detail pages; NSE and BSE end-of-day bhavcopy files. Gains, issue size and minimum investment are our calculations. This page is information only, not a recommendation.