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Home/IPO/Glass Wall Systems IPO 2026: Date, Price, GMP & Allotment
Glass Wall Systems IPO 2026
IPO

Glass Wall Systems IPO 2026: Date, Price, GMP & Allotment

By singhanup303
5 Min Read
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Updated on September 25, 2026
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Glass Wall Systems IPO logo

₹14104

Min. Investment

Glass Wall Systems IPO

Engineering – Construction

Bookbuilding IPO | ₹428 Cr | Listing at BSE, NSE | Tue, Sep 8, 2026 – Thu, Sep 10, 2026 


IPO Timeline
08 Sep
Open
10 Sep
Close
11 Sep
Allotment
15 Sep
Refund
15 Sep
Share Credit
16 Sep
Listing
Issue Size₹428 Cr
IPO TypeMainboard
Market Cap₹1600.4 Cr
Price Range₹172-182
Listing Ex.BSE, NSE
Revenue₹456.9 Cr
Lot Size82 Shares
RHPRead
Growth Rate22.54%

About Glass Wall Systems (India) Limited

Incorporated in 2010, Glass Wall Systems (India) Limited is a façade solutions and fenestration company serving customers across India as well as international markets, including the United States and Australia. The company has more than two decades of industry experience and has completed over 158 projects as of March 31, 2026.

The company provides integrated solutions covering the design, engineering, fabrication, manufacturing, supply and installation of architectural façade systems. Its business is divided into three main verticals: Domestic Façade Solutions, International Façade Products Supply and Fenestration Solutions.

Domestic Façade Solutions

Under its domestic façade business, Glass Wall Systems provides end-to-end façade services, including design, engineering, fabrication, manufacturing, supply, installation and EPC services. Its solutions cater to real estate developers, contractors and corporate clients involved in commercial, residential and institutional projects.

International Façade Products Supply

The company also supplies engineered and sustainable façade products to customers in overseas markets. Its international business primarily serves contractors and façade companies, with a growing presence in markets such as the United States and Australia.

Fenestration Solutions

Glass Wall Systems entered the premium fenestration segment through its acquisition of Yes Systems Private Limited in 2025. The business offers customised luxury windows, doors, skylights and partition systems for the high-end domestic market under the ORIA brand.

The company also works with international partners in the window and façade systems space, strengthening its capabilities in premium fenestration solutions.

Projects and Customer Base

Glass Wall Systems has worked with real estate developers, contractors, hospitals, airport authorities and corporate clients across commercial, residential and institutional projects.

Its completed project portfolio includes prominent developments such as The Capital, Kohinoor Square, Bagmane Rio and Lodha World One in India. International projects include Jackson Avenue, 1400 South Wabash, Spark GTIC and Harper Court in the United States, along with Project Dove in Australia.

As of March 31, 2026, the company had 22 domestic clients and 5 international clients with active projects, while its workforce stood at 370 permanent employees.

Manufacturing and Operations

The company's manufacturing operations include a facility at Vile Bhagad, Maharashtra, supported by modern production infrastructure, CNC machinery and automated logistics. As of March 31, 2026, the facility had four production lines and an expanded production capacity of 130 panels per day.

Overall, Glass Wall Systems has built its business around an integrated design-to-installation model, allowing it to handle multiple stages of façade projects internally while also expanding into international façade product supply and premium fenestration solutions.

At a Glance

ParticularsDetails
Incorporated2010
IndustryFaçade Solutions & Fenestration
MarketsIndia, USA & Australia
Projects Completed158+ as of March 31, 2026
Business VerticalsDomestic Façade, International Façade Products, Fenestration
Key SubsidiaryYes Systems Private Limited
Fenestration BrandORIA
Employees370 permanent employees
Manufacturing FacilityVile Bhagad, Maharashtra
Production Capacity130 panels per day

Key Business Strengths

  • Integrated façade solutions covering design, engineering, manufacturing, supply and installation
  • Diversified business model across domestic façades, international product supply and fenestration
  • International presence across markets including the United States and Australia
  • Strong project execution track record with 158+ projects completed
  • Premium fenestration offering through the ORIA brand
  • Established relationships with leading real estate developers and corporate customers
  • Modern manufacturing infrastructure with CNC machinery and automated logistics
FY 24
₹304.34 Cr
FY 25
₹278.33 Cr
FY 26
₹456.97 Cr
FY 24
₹54.7 Cr
FY 25
₹73.01 Cr
FY 26
₹105.2 Cr
FY 24
₹20.25 Cr
FY 25
₹57.51 Cr
FY 26
₹83.79 Cr
FY 24
₹281.76 Cr
FY 25
₹316.63 Cr
FY 26
₹468.38 Cr
ApplicationLotsSharesAmount
Retail (Min)182₹14,924
Retail (Max)131,066₹1,94,012
S-HNI (Min)141,148₹2,08,936
S-HNI (Max)675,494₹9,99,908
B-HNI (Min)685,576₹10,14,832

View IPO Dashboard


Glass Wall Systems IPO FAQs

What is Glass Wall Systems IPO?

Glass Wall Systems IPO is a Mainboard book-building IPO of Glass Wall Systems (India) Limited. The issue size is approximately ₹427.89 crore, comprising a fresh issue of ₹60 crore and an Offer for Sale (OFS) of approximately ₹367.89 crore. The shares are proposed to be listed on the NSE and BSE.

When will Glass Wall Systems IPO open and close?

The Glass Wall Systems IPO will open for subscription on 8 September 2026 and close on 10 September 2026. The IPO is scheduled to remain open for three days.

What is the price band of Glass Wall Systems IPO?

The price band has been fixed at ₹172 to ₹182 per equity share. Investors can place bids within this price range during the IPO subscription period.

What is the lot size of Glass Wall Systems IPO?

The lot size is 82 shares. Investors must apply for at least one lot, which means 82 shares. Additional applications can be made in multiples of the lot size, subject to applicable investor-category limits.

What is the minimum investment in Glass Wall Systems IPO?

At the upper price band of ₹182 per share, one lot of 82 shares requires an investment of ₹14,924. The actual amount will depend on the final bid price.

What is the total issue size of Glass Wall Systems IPO?

The total issue size is approximately ₹427.89 crore. It includes a fresh issue of ₹60 crore and an Offer for Sale of around ₹367.89 crore.

How many shares are offered in Glass Wall Systems IPO?

The IPO comprises approximately 2.35 crore equity shares. This includes around 32.97 lakh shares through the fresh issue and approximately 2.02 crore shares through the Offer for Sale.

What is the purpose of the Glass Wall Systems IPO?

The company plans to use approximately ₹50 crore from the fresh issue towards capital expenditure for setting up a glass processing unit at its Vile Bhagad facility. The project is part of the company's planned backward integration. The remaining proceeds are proposed to be used for general corporate purposes.

Where will Glass Wall Systems shares be listed?

Glass Wall Systems shares are proposed to be listed on both the NSE and BSE. The tentative listing date is 16 September 2026.

When is the Glass Wall Systems IPO allotment date?

The basis of allotment is expected to be finalised on 11 September 2026. Refunds or UPI mandate releases and credit of shares to eligible investors are expected around 15 September 2026, subject to the finalisation of the issue schedule.

What does Glass Wall Systems (India) Limited do?

Glass Wall Systems (India) Limited provides façade solutions and fenestration products for commercial, residential and institutional projects. Its services cover areas such as façade design, engineering, fabrication, supply, installation and EPC services.
The company operates through three major business verticals: Domestic Façade Solutions, International Façade Products Supply and Fenestration Solutions.

Disclaimer: The information provided on this IPO page is for educational and informational purposes only and should not be considered investment advice, a recommendation, or an offer to buy or sell any securities. IPO details such as price, dates, GMP, subscription data, financial figures, and listing information may change and may contain errors or omissions. Investors should independently verify all information from official sources, including the company’s RHP/DRHP and stock exchange filings, and assess their own risk before making any investment decision. EduTaxTuber does not guarantee any profit or listing gains and shall not be responsible for any loss arising from decisions made based on this information.

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Author

singhanup303

Anup Singh is an author and content creator at EduTaxTuber, focused on providing clear, practical and easy-to-understand information on Income Tax, GST, Finance, IPOs, Stock Market, Business News, Money, Excel, AI Tools and other technology-related topics.With an interest in taxation, finance, business and productivity tools, Anup Singh researches and explains complex topics in a simple format so that readers can understand important updates, rules, financial developments and useful digital tools without unnecessary jargon.

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