Glass Wall Systems IPO listing: listed at ₹194, +6.6% over the issue price

Glass Wall Systems listed on NSE, BSE on 16 Sep 2026 at ₹194 per share, +₹12 (+6.6%) against the upper price band of ₹182. The issue (price band ₹172 – ₹182, bidding 8 Sep 2026 to 10 Sep 2026) was subscribed 81.65x overall. The last grey-market premium we captured before listing was ₹45 on 15 Sep 2026 (daily average of 12 quotes), which ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​⁠​⁠​⁠​⁠⁠​​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​​​​⁠⁠⁠⁠⁠⁠​⁠⁠⁠⁠​​​⁠​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠​implied a listing price of ₹227; the shares listed at ₹194, ₹33 below that.

Updated 6 Oct 2026, 19:02 IST. Dated dealer references.

Listing day facts

Glass Wall Systems IPO listing, as recorded on 16 Sep 2026
Listing date16 Sep 2026
ExchangeNSE, BSE
Listing price₹194
Upper price band (issue price basis)₹182
Gain or loss vs upper band+₹12 per share (+6.6%)
Price band₹172 – ₹182
Issue dates8 Sep 2026 to 10 Sep 2026
Subscription (overall, at close)81.65x, as of 10 Sep 2026
Lot size82 shares
Gain or loss per lot vs upper band+₹984

Grey-market premium against the actual listing

The last grey-market premium we captured before listing was ₹45 on 15 Sep 2026 (daily average of 12 quotes), which ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​⁠​⁠​⁠​⁠⁠​​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​​​​⁠⁠⁠⁠⁠⁠​⁠⁠⁠⁠​​​⁠​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠​implied a listing price of ₹227; the shares listed at ₹194, ₹33 below that.

Glass Wall Systems IPO: captured GMP by day (daily average) and the implied listing price against the actual listing price of ₹194 on 16 Sep 2026
DateGMPImplied listing priceActual listing vs impliedQuotes captured
3 Sep 2026₹20₹202−₹8 (−4.0%)6
4 Sep 2026₹41₹223−₹29 (−13.0%)11
5 Sep 2026₹65₹247−₹53 (−21.5%)12
6 Sep 2026₹42₹224−₹30 (−13.4%)11
7 Sep 2026₹40₹222−₹28 (−12.6%)9
8 Sep 2026₹53₹235−₹41 (−17.4%)9
9 Sep 2026₹59₹241−₹47 (−19.5%)10
10 Sep 2026₹55₹237−₹43 (−18.1%)10
11 Sep 2026₹47₹229−₹35 (−15.3%)12
12 Sep 2026₹50₹232−₹38 (−16.4%)11
13 Sep 2026₹51₹233−₹39 (−16.7%)13
14 Sep 2026₹52₹234−₹40 (−17.1%)11
15 Sep 2026₹45₹227−₹33 (−14.5%)12

GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​⁠​⁠​⁠​⁠⁠​​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​​​​⁠⁠⁠⁠⁠⁠​⁠⁠⁠⁠​​​⁠​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠​by day. Only the price band and the exchange listing price are official.

Frequently asked questions

What was the Glass Wall Systems IPO listing price?

Glass Wall Systems listed on NSE, BSE on 16 Sep 2026 at ₹194 per share.

How did Glass Wall Systems list against the issue price?

The listing price of ₹194 was +₹12 per share (+6.6%) against the upper price band of ₹182.

What did the grey market indicate before Glass Wall Systems listed?

The last grey-market premium we captured before listing was ₹45 on 15 Sep 2026 (daily average of 12 quotes), which implied a listing ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​⁠​⁠​⁠​⁠⁠​​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​​​​⁠⁠⁠⁠⁠⁠​⁠⁠⁠⁠​​​⁠​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠​price of ₹227; the shares listed at ₹194, ₹33 below that. GMP is unofficial and not a forecast.

Where do Glass Wall Systems shares trade now?

On NSE, BSE. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.

Glass Wall Systems IPO overview · GMP history · Subscription status · Allotment status

Indicative reference price, dated. BuyUnlistedShares is India's premium ​​​⁠​​​⁠​​​​⁠​​⁠⁠​⁠​​⁠⁠​​​⁠​⁠​⁠​⁠⁠​​⁠⁠⁠​⁠⁠​​⁠​⁠⁠⁠⁠​​⁠​⁠⁠​​​​⁠⁠⁠⁠⁠⁠​⁠⁠⁠⁠​​​⁠​⁠​⁠⁠​⁠⁠⁠⁠⁠⁠​unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.

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Glass Wall Systems IPO Listing