09 Sep 2026 | 5 Mins Read
Glass Wall Systems IPO subscribed 4x on Day 2; GMP stands at 32% premium
Flipitmoney
Glass Wall Systems’ Rs 427.89-crore IPO was subscribed 4.27 times by 11:25 am on September 9, led by strong demand from retail investors (6.11 times subscription) and non-institutional investors (5.63 times). The price band is Rs 172-182 per share. Shares were commanding a 31.87% grey market premium. Proceeds will fund a glass processing unit and general corporate purposes.