Glass Wall Systems (India) IPO Details
MAINBOARD
Glass Wall Systems (India) IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.
Offer for Sale consists of 4,02,34,552 shares (aggregating up to ₹0.00 Cr.).
The Lead Managers for Glass Wall Systems (India) IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is IIFL Capital Services Ltd, Motilal Oswal Investment Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Glass Wall Systems (India) Limited DRHP.
Glass Wall Systems (India) IPO Details
Glass Wall Systems (India) IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Glass Wall Systems (India) IPO Reservation
Promoter Holding
Documents
Glass Wall Systems (India) IPO Valuations
Glass Wall Systems (India) Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 289.57 | 258.34 | 303.93 |
| Total Income | 251.70 | 288.02 | 242.18 |
| Profit After Tax | 43.81 | 11.95 | 16.11 |
| EBITDA | 58.09 | 43.19 | 11.86 |
| NET Worth | 153.50 | 114.04 | 102.19 |
| Reserves and Surplus | 138.32 | 94.60 | 82.75 |
| Total Borrowing | 8.46 | 18.55 | 47.13 |
| Amount in ₹ Crore | |||
About Glass Wall Systems (India) IPO
Incorporated in 2010, Glass Wall Systems (India) Limited is a façade solutions and fenestration provider with operations in India as well as international markets, including the United States and Australia. The company has over two decades of industry experience and, as of March 31, 2025, has completed more than 150 projects.
Its business is structured across three verticals:
- Domestic Façade Solutions – Design, engineering, fabrication, supply, installation, and EPC services for real estate developers, contractors, and corporate clients.
- International Façade Products Supply – Supply of sustainable façade products, tailored to contractors and façade companies overseas.
- Fenestration Solutions – Custom luxury windows, doors, skylights, and partition systems, catering to the high-end domestic market, primarily through its subsidiary Yes Systems Private Limited (acquired in August 2025). Yes Systems operates in the premium fenestration space under the brand ORIA and collaborates with international partners such as a Swiss window systems brand, LIBART, and OIKAS.
The company’s client base includes real estate developers, contractors, hospitals, airport authorities, and corporations in commercial, residential, and institutional projects. Notable projects include The Capital, Kohinoor Square, Bagmane Rio, Lodha World One in India, and international assignments such as Jackson Avenue, 1400 South Wabash, Spark GTIC, Harper Court in the U.S. and Project Dove in Australia.
As of March 31, 2025, the company employed 289 permanent staff.
Strength Of Glass Wall Systems (India) IPO
Risk Of Glass Wall Systems (India) IPO
Objectives Glass Wall Systems (India) IPO
1. Funding capital expenditure requirement for setting up of a glass processing unit (“GPU Project”) as part of planned backward integration of the Company at our Vile Bhagad Facility;
2. General corporate purposes
Company Contact Details
Glass Wall Systems (India) Ltd.
503-504, 5th Floor, A Wing
Marathon Futurex, Mafatlal Mills Compound
N.M. Joshi Marg, Lower Parel (East)
Mumbai, Maharashtra, 400013
Phone: +91 22 6103 3456
Email: compliance@glasswallsystem.com
Website: http://www.glasswallsystems.in/
Registrar Contact Details
Glass Wall Systems (India) IPO - FAQs
The Glass Wall Systems (India) IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹2 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.