Glass Wall Systems IPO Allotment Status: Check Online via MUFG Intime, BSE & NSE

Glass Wall Systems IPO allotment is scheduled for Friday, 11 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

• Allotment date: expected to be finalised on Friday, 11 September 2026.
• Registrar: MUFG Intime India Pvt. Ltd. — check status there first, or via BSE/NSE.
• Listing date: tentatively set for Wednesday, 16 September 2026 on both BSE and NSE.
• Price band and lot size: ₹172–₹182 per share, in lots of 82 shares.
• Issue structure: a ₹428 crore issue combining a ₹60 crore fresh issue and a ₹368 crore offer for sale by two promoters and a PE investor.
• Use of proceeds: the fresh-issue portion funds a new glass processing unit; the large OFS portion pays the selling promoters and the PE fund, not the company.

Glass Wall Systems IPO: Key Details at a Glance

What Is the Glass Wall Systems IPO Timeline?

When Will Glass Wall Systems IPO Allotment Be Out?

Glass Wall Systems IPO bidding closes on Thursday, 10 September 2026. Under SEBI’s standard T+1 timeline, the registrar is expected to finalise the basis of allotment the next working day — Friday, 11 September 2026. Refunds for non-allottees (ASBA amounts unblock automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected on Tuesday, 15 September 2026, later than a simple weekend adjustment would suggest, since the exchanges’ trading and settlement calendar around 12–14 September 2026 (the weekend plus a market holiday) pushes these steps out by an extra working day. Listing on BSE and NSE is tentatively set for Wednesday, 16 September 2026.

How to Check Glass Wall Systems IPO Allotment Status

Method 1: Via MUFG Intime India Pvt. Ltd. (Registrar)

MUFG Intime India Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

• Visit the MUFG Intime India Pvt. Ltd. IPO allotment status page.
• Select “Glass Wall Systems (India) Limited” from the company dropdown.
• Choose your verification method — PAN, Application Number, or DP/Client ID.
• Enter the details and submit to view your allotment status.

Method 2: Via BSE

• Visit the BSE Application Status Check page.
• Select “Glass Wall Systems (India) Limited” as the issue name.
• Enter your Application Number and PAN.
• Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

• Visit NSE’s bid verification page.
• Complete one-time registration with your PAN if you haven’t already.
• Select “Glass Wall Systems (India) Limited” and view your application status.

How Is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Glass Wall Systems. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you don’t receive an allotment in the Glass Wall Systems IPO, the ASBA amount blocked in your bank account is unblocked automatically; no separate refund request is needed. This is expected around Tuesday, 15 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same timeline.

What Will Glass Wall Systems Do With the IPO Proceeds?

Glass Wall Systems’ IPO combines a ₹60 crore fresh issue with a ₹368 crore offer for sale, and the two pools of money go to very different places. The fresh issue proceeds go to the company: per the RHP, the full amount is earmarked for capital expenditure to set up a glass processing unit as part of backward integration at the company’s Vile Bhagad facility, with any residual for general corporate purposes. The ₹368 crore offer-for-sale portion, by contrast, doesn’t fund the company at all; it goes to the selling shareholders: promoters Jawahar Hariram Hemrajani and Eshan Jawahar Hemrajani, and private equity investor India Business Excellence Fund IIA.

What is Glass Wall Systems (India) Limited?

Glass Wall Systems (India), headquartered in Lower Parel, Mumbai, operates in the civil construction space, specialising in glass facade and curtain-wall systems for buildings; the fresh-issue proceeds are earmarked for a new glass processing unit as part of backward integration at its Vile Bhagad facility. The company is promoted by a father-son pair, Jawahar Hariram Hemrajani and Eshan Jawahar Hemrajani, alongside private equity investor India Business Excellence Fund IIA, which is partially exiting through the IPO’s offer-for-sale component. Revenue grew 64%, and profit after tax rose 46% between FY2025 and FY2026.

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