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Glass Wall Systems (India) Limited IPO DRHP
Glass Wall Systems (India) Limited IPO

Glass Wall Systems (India) Limited IPO DRHP

Glass Wall System is a premium facade solutions and fenestration provider with operations in India & across international markets, including the US and Aus. The Company offers a wide range of advanced facade solutions such as curtain wall facades, storefront wall facades, unitized and semi-unitized curtain wall systems, and frameless facades. Its operations are structured across 3 key verticals: domestic facade solutions encompassing design, engineering, fabrication, manufacturing, supply and installation services; international facade product supply involving the design, engineering, fabrication & delivery of customized and sustainable facade products; & fenestration solutions catering to the Indian luxury real estate market, offering bespoke high-end windows, doors, skylights and partition systems.

Glass Wall IPO Objects

  1. Funding capital expenditure to set up a glass processing unit at the Vile Bhagad facility as part of backward integration.
  2. General corporate purposes

Glass Wall IPO Details

Price Band

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹60.00 Cr ( Shares)

Offer For Sale

(4.02 Cr Shares)

Total Issue

( Shares)

Face Value

₹2 per equity share

Category Allocation

Particulars Allocation
QIBs Not more than 50% of Net Offer
Big HNIs (NII) Not less than 10% of Net Offer
Small HNIs (NII) Not less than 5% of Net Offer
Retail Not less than 35% of Net Offer

Glass Wall IPO Financials

(Rs. in crores)

Particulars Mar-25 Mar-24 Mar-23
Revenue 244.76 282.17 240.51
PAT 43.81 11.95 16.11
Net Worth 153.50 114.04 102.19
Borrowings 8.46 18.55 47.13
Assets 289.57 258.34 303.93
NAV (₹) 20.22 11.73 10.51
EPS (₹) 5.20 1.12 1.54

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
EBITDA 23.73%
PAT 17.90%
ROE 32.75%
ROCE 38.32%
Debt to Equity -0.41
  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Details

Name Shareholding
Jawahar Hemrajani 37.15%
Eshan Hemrajani 9.37%
Eshan Jawahar jointly with Dikshita 5.74%
Others 11.85%
Total 64.11%

Management Details

Name Designation
Jawahar Hemrajani Chairman
Eshan Hemrajani MD & CEO
Sanjay Sawant CFO

Company Details

Name: Glass Wall Systems (India) Limited

Address: 503-504, 5th Floor, A Wing, Marathon Futurex, Mafatlal Mills Compound, N.M. Joshi Marg, Lower Parel (East), Mumbai 400 013, Maharashtra, India.

Number: +91 22 6103 3456

Email: compliance@glasswallsystem.com

Website: www.glasswallsystems.in

RTAs

MUFG Intime India
MUFG Intime India
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Glass Wall IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Glass Wall IPO is priced at ₹ - ₹ per share. The issue opens on 11 Feb 26 and closes on 11 Feb 26.

Glass Wall IPO opens on 11 Feb 26 and closes on 11 Feb 26.

The estimated Grey Market Premium of Glass Wall IPO is ₹0 per share (-).

The minimum lot size of Glass Wall IPO is 0 shares & the minimum application amount is Rs. 0.

The allotment date of Glass Wall IPO is 11 Feb 26.

The listing date of Glass Wall IPO is 11 Feb 26.

Glass Wall IPO is subscribed -.

Glass Wall IPO is priced at ₹ - ₹ per share.

Click the allotment link on Glass Wall IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Glass Wall IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date