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Glass Wall Systems (india) Limited

Glass Wall Systems (india) Limited

Minimum Investments
₹14,104
Price Range
₹172 - ₹182
Issue Size
₹427.89 Cr
Lot Size
82shares
Proceeds of this IPO to be used for
Funding capital expenditure requirement for setting up of a glass processing unit as part of planned backward integration of the company at their Vile Bhagad Facility
General corporate purposes
Strengths & Weaknesses
Design & engineering

The company leverages strong design and engineering expertise, supported by a large, advanced manufacturing facility. Its innovative solutions ranging from seismic- and fire-resistant designs to diagrid systems, curved panels, and dynamic façade lighting ensure quality, flexibility, and architectural alignment

Environmentally sustainable high-performance solutions

The company delivers sustainable, high-performance façade solutions with the lowest embodied carbon in its products (Source: Ken Report). Through partnerships for low-carbon materials and solar-powered manufacturing, it supports green construction, enhances energy efficiency, and benefits clients seeking eco-friendly building practices

Client relationship

The company’s success is built on long-term client relationships and proven project execution, backed by over 20 years of promoter experience. As of March 31, 2025, it served 17 domestic and 4 international clients, with strong repeat business from financially stable partners

Depend on real estate sector

The company’s business is closely tied to the real estate sector in India and overseas. Any slowdown or adverse changes in this sector could negatively impact its operations, cash flows, and financial performance

Operational risks

The company’s operations involve hazardous machinery and activities that may cause accidents, injuries, or property damage. Despite safety measures, risks such as fires, explosions, equipment failures, or natural disasters could disrupt operations and impact financial performance

Technology adoption risks

The company’s industry is subject to rapid technological changes, and failure to adopt new processes or upgrade facilities on time may affect competitiveness. High capital requirements or obsolete technologies could negatively impact operations and financial performance

Financials

Income Statement

Also called a profit and loss statement, an income statement shows a company’s income, expenses, and how much profit or loss it has made over a specific accounting period. It provides a clear view of how well the business is running.

Particulars (in Cr)Mar 2026Y/Y Change
Operating Revenue456.97+64.18%
Other Income14.45+47.30%
Total Income471.42+63.61%
Total Expenditure360.33+69.54%
EBIDT119.65+44.47%
Depreciation5.04+38.84%
Interest3.52-1.95%
Tax27.31+50.97%
Net Profit83.79+45.70%

Balance Sheet

A balance sheet is a financial statement that details a company’s assets, liabilities, and shareholders’ equity at a given time. It helps assess how financially strong and stable the company is.

Particulars (in Cr)Mar 2026
Total Current Assets315.61
Total Non-Current Assets152.77
Fixed assets84.52
Total Assets468.38
Total Current liabilities198.60
Total Non Current Liabilities9.90
Total Equity Plus Liabilities468.38
Total Shareholder Funds259.88
Total Debt to Equity3.00%

Cash Flow

Cash flow highlights the cash or cash equivalents moving in and out of a company during a particular period. It provides a clear picture of how well a company manages its cash by tracking its operating, investing and financing activities.

Particulars (in Cr)Mar 2026
Cash from Operating Activity73.25
Cash from Financing Activities-5.30
Cash from Investing Activities-38.83
Net Cash Flow29.12

About the Company

Glass Wall Systems India was incorporated on July 19, 2002. The company is a premium facade and fenestration provider with over 20 years of experience, operating in India, the US, and Australia. It is India’s second-largest facade solutions provider and the largest facade exporter by revenue, with 150+ projects completed by FY25

  • Promoter
    Jawahar Hariram Hemrajani
  • Promoter
    Eshan Jawahar Hemrajani

FAQs for Glass Wall Systems (india) Limited IPO

Glass Wall Systems (india) Limited IPO refers to the initial public offering of shares by Glass Wall Systems (india) Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

For Glass Wall Systems (india) Limited IPO the issue size is ₹428 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

For Glass Wall Systems (india) Limited IPO the minimum investment is ₹14.1 K. The minimum investment for Glass Wall Systems (india) Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

For Glass Wall Systems (india) Limited IPO the lot size is 82 shares. The lot size of Glass Wall Systems (india) Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

To apply for Glass Wall Systems (india) Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Glass Wall Systems (india) Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Glass Wall Systems (india) Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Glass Wall Systems (india) Limited IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

You can apply for the IPO till 3 PM on the last day of application on Share.Market.

For Glass Wall Systems (india) Limited IPO the allotment date is 11 Sep 2026. The allotment date of Glass Wall Systems (india) Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

For Glass Wall Systems (india) Limited IPO, the subscription opens on 08 Sep 2026 and closes on 10 Sep 2026. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Closed
Listing Date: 16 Sep 26