Glass Wall Systems (India) IPO Subscription Status
Glass Wall Systems (India) IPO was subscribed 81.65 times when bidding closed on 10 Sep 2026: QIB 167.93x, NII 79.71x, Retail 33.18x.
The Glass Wall Systems (India) IPO has been subscribed 81.65x times overall. Retail investors have shown interest with bids for 33.18x the shares available. The Non-Institutional Investor (NII) category has been subscribed 79.71x. Within NII, Big HNI (B-HNI) subscribed 73.9x and Small HNI (S-HNI) subscribed 91.34x. Qualified Institutional Buyers (QIBs) have subscribed 167.93x. Data last updated on 16 Sep, 06:30 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 08 Sep, 2026 and closes on 10 Sep, 2026. The shares are expected to list on stock exchanges on 16 Sep, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 78,96,08,094 of 47,02,085 140 applications 14,370.87 Cr | 167.93x |
| NII | 28,11,15,762 of 35,26,564 1,20,829 applications 5,116.31 Cr | 79.71x |
| Retail | 27,30,04,732 of 82,28,649 29,49,318 applications 4,968.69 Cr | 33.18x |
| TOTAL | 1,34,37,28,588 30,70,287 applications 24,455.86 Cr | 81.65x |
Glass Wall Systems (India) IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹182.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 67.07x subscribed | 155 | 155 | AllAll allotted |
|
Ex. Anchor
Ex. Anchor
|
140 | 140 | AllAll allotted |
|
Anchor
Anchor Investors
|
15 | 15 | AllAll allotted |
| NII (HNI) 79.36x subscribed | 1,20,829 | 3,070 | 1 in 391 in 39 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
30,552 | 2,047 | 1 in 151 in 15 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
90,277 | 1,023 | 1 in 881 in 88 |
| Retail 32.93x subscribed | 29,49,318 | 1,00,349 | 1 in 291 in 29 |
| TOTAL 56.97x subscribed | 30,70,302 | 1,03,574 | 1 in 301 in 30 |
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 34 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 167.93x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
10 Sep 2026
Day 3 |
81.65x | ▼ | |
|
QIB167.93x
BHNI73.9x
SHNI91.34x
Retail33.18x
|
|||
|
09 Sep 2026
Day 2 |
8.22x | ▼ | |
|
QIB0.3x
BHNI9.16x
SHNI18.9x
Retail10.96x
|
|||
|
08 Sep 2026
Day 1 |
2.52x | ▼ | |
|
QIB0.01x
BHNI2.05x
SHNI4.97x
Retail3.74x
|
|||
Glass Wall Systems (India) IPO dates
From the bidding window to listing. Today is 20 October.
- Open 08 Sep 2026
- Close 10 Sep 2026
- Allotment 11 Sep 2026
- Refund/credit 15 Sep 2026
- Listing 16 Sep 2026
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
Glass Wall Systems (India) IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Glass Wall Systems (India) IPO?
As of IPO close date (10 Sep, 2026), the Glass Wall Systems (India) IPO is subscribed 81.65x times. Retail category is 33.18x, and NII is 79.71x subscribed.
When is the allotment date for Glass Wall Systems (India) IPO?
The allotment for Glass Wall Systems (India) IPO is expected to be finalized on 11 September, 2026.
What is the GMP of Glass Wall Systems (India)?
The Grey Market Premium (GMP) for Glass Wall Systems (India) is currently ₹41, indicating a potential listing gain of 22.53%.
When will Glass Wall Systems (India) IPO list on the stock market?
Glass Wall Systems (India) is scheduled to list on BSE and NSE on 16 September, 2026.
What are the chances of getting allotment in Glass Wall Systems (India) IPO?
The retail category is oversubscribed at 33.18x, meaning allotment is by lottery. Statistically, approximately 1 in 34 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 167.93x mean for Glass Wall Systems (India) IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 167.93x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Glass Wall Systems (India) IPO allotment status?
After the allotment date (11 Sep, 2026), you can check your Glass Wall Systems (India) IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Glass Wall Systems (India) IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
