Glass Wall Systems IPO
Glass Wall Systems India Limited
Glass Wall Systems IPO Details
Glass Wall Systems (India) Ltd. filed its DRHP with SEBI on September 5, 2025, planning to raise funds through a fresh issue of Rs. 60 crore and an offer for sale (OFS) of up to 4.02 crore shares.
The IPO will be a book-built issue and the shares are proposed to be listed on both NSE and BSE.
MUFG Intime India Pvt. Ltd. is the registrar, while the lead manager(s) are yet to be confirmed.
The company will use the proceeds mainly for setting up a glass processing unit (GPU Project) and for general corporate purposes.
Glass Wall Systems IPO Strengths
- Strong industry presence with over two decades of façade and fenestration expertise.
- Diversified business model across domestic, international, and luxury fenestration segments.
- Prestigious client portfolio including Lodha, Hero, Bajaj Auto, airport authorities, and global projects.
- Improved profitability – PAT grew 267% in FY25 with strong margins (EBITDA margin 23.7%).
Glass Wall Systems IPO Weaknesses
- Revenue decline of 13% in FY25, indicating business cyclicality.
- High dependency on real estate and infrastructure sectors, which are sensitive to economic cycles.
- Client concentration risk – large projects from few clients contribute significantly to revenue.
- Intense competition in the façade and fenestration industry from domestic and international players.
Glass Wall Systems Revenue & Profit
0.0024 | +0.0001 |
0.00288 | +0.00012 |
0.00251 | +0.00043 |
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8
6
4
2
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Glass Wall Systems IPO Dates
| Open Date | To be announced |
| Close Date | To be announced |
| Allotment Date | To be announced |
| Initiation of Refunds | To be announced |
| Credit of Shares to Demat Account | To be announced |
| Listing Date | To be announced |
Glass Wall Systems IPO Lot Size
| To be announced | |
| To be announced |
Seize the Opportunity! Apply for Glass Wall Systems IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Research
Glass Wall Systems IPO Subscription Breakup
| QIBs | To be announced |
| Non Institutional Investors | To be announced |
| Retail Investors | To be announced |
How to Apply for Glass Wall Systems IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Glass Wall Systems IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Glass Wall Systems Limited IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.