Glass Wall Systems (India) IPO

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Glass Wall Systems (India) IPO Details

  • Bidding Date

    08-Sep-2026 to
    10-Sep-2026

  • Issue Size

    ₹427.89 Cr

  • Price Band

    ₹172 to ₹182

  • Allotment date

    11-Sep-2026

  • Listing date

    16-Sep-2026

  • Lot size

    82

  • No. of shares

    2,35,10,425

  • Fresh issue/OFS

    ₹60 Cr/₹367.89 Cr

About Glass Wall Systems (India) Company

Glass Wall Systems (India), incorporated in 2010 and building on a façade-engineering heritage that dates to 2003, is a premium provider of architectural façade and fenestration solutions with operations in India, the United States and Australia. Its core business is delivering end-to-end building-envelope systems for complex, high-specification projects, organized into three verticals: domestic façade solutions (design, engineering, fabrication, supply and EPC/installation for Indian developers and corporates), international façade product supply (custom, sustainable façade systems for overseas contractors), and premium fenestration solutions through its subsidiary Yes Systems (ORIA brand), which offers luxury windows, doors, skylights and partitions for high-end residential projects. The portfolio includes curtain-wall systems (unitized and semi-unitized), bolted and frameless façades, skylights, canopies, space frames, louvers, rain-screen cladding, diagrids and aluminium/steel doors and windows. Key strengths are in-house design and engineering capabilities, a strategically located manufacturing facility in Maharashtra, and the ability to execute intricate, customized façade and fenestration packages for demanding architectural requirements. Its client base spans real-estate developers, contractors, hospitals, airport authorities and corporates across commercial, residential and institutional segments, with named customers including Lodha, Embassy, Bagmane, K Raheja and Prestige. Operationally, the company positions itself as a solutions partner that manages the full lifecycle from concept through fabrication and installation, helping clients address challenges around performance, aesthetics, sustainability and schedule in complex building projects.

Subscription Status

  • Category

    Status

  • QIBs

    167.9x

  • NIIs

    79.7x

  • Retail

    33.2x

  • Others

    --

  • Total

    81.6x

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FAQs for Glass Wall Systems (India) IPO.

The issue size of Glass Wall Systems (India) is ₹427.89 Cr.

Glass Wall Systems (India) falls into Building Products industry.

The Glass Wall Systems (India) IPO will be listed on both NSE and BSE.

The open and close dates for the Glass Wall Systems (India) are 08-Sep-2026 & 10-Sep-2026.

The price band for the Glass Wall Systems (India) ipo is ₹172 to ₹182

The listing date of Glass Wall Systems (India) IPO is 16-Sep-2026.

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Glass Wall Systems (India) total subscription ratio is 81.6X.

Key financial of the Glass Wall Systems (India) are:


Glass Wall Systems (India) FY-26 FY-25 FY-24 FY-23
Revenue (₹ Cr) 456.97 278.33 304.34 240.51
EBIT (₹ Cr) 100.16 69 50.27 5.97
Proft after Tax (₹ Cr) 83.79 57.51 20.25 16.11
Debt (₹ Cr) 6.68 8.46 24.84 47.13
Net Worth (₹ Cr) 259.88 174.06 120.91 102.19
RoE (%) 32.24 33.04 16.75 15.77