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Glass Wall Systems IPO Allotment Status Finalized: How to Check Shares & Odds

· · 3 min read

The Glass Wall Systems (India) IPO allotment status has been finalized as of September 11. Investors can now verify their share allocation through the registrar, NSE, or BSE websites. The public issue saw strong demand, subscribed 81.65 times overall.

The basis of allotment for the Glass Wall Systems (India) Initial Public Offering (IPO) has been finalized today, September 11. Investors who participated in the issue, which ran from September 8 to September 10 with a price band of Rs 172-182 per share, can now check the status of their applications.

Those who do not receive an allotment will see their application mandate revoked by the end of today. The company, a facade solutions maker, is expected to process refunds by September 15, with shares anticipated to be listed on both BSE and NSE on Wednesday, September 16, 2026.

Strong Subscription and Allotment Odds

The Glass Wall Systems (India) IPO garnered significant interest, being subscribed a robust 81.65 times overall. It received over 31.01 lakh applications, bidding for shares worth more than Rs 24,450 crore against an issue size of Rs 428 crore.

  • Qualified Institutional Bidders (QIBs): This portion was subscribed 167.93 times.
  • Non-Institutional Investors (NIIs): This category saw a subscription of 79.71 times.
  • Retail Investors: The retail allocation was subscribed 91.34 times.

Based on the bidding, here are the approximate allotment odds:

  • Big HNI category (bNII): Approximately 1 out of 15 investors will receive 1,148 shares (6.67% probability).
  • Small HNI category (sNII): Approximately 1 out of 89 investors will receive 1,148 shares (1.12% probability).
  • Retail category: Approximately 1 out of 30 investors will receive 182 shares (3.33% probability).

How to Check Glass Wall Systems IPO Allotment Status

Via the Registrar (MUFG Intime India)

Follow these steps to check your allotment status on the registrar's website:

  1. Visit the official web portal of MUFG Intime India Limited.
  2. Select the IPO/FPO from the dropdown menu (the name will appear once allotment is finalized).
  3. Choose one of the three modes for checking: Application number, Demat Account number, or PAN ID.
  4. In the application type, select either ASBA or non-ASBA.
  5. Enter the details corresponding to your chosen mode.
  6. Complete the security captcha accurately.
  7. Click 'Submit' to view your status.

Via NSE Website

To check your allotment status on the National Stock Exchange (NSE) website:

  1. Go to NSE's dedicated IPO allotment page.
  2. Select 'Equity & SME IPO Bid details'.
  3. Under 'Select Symbol', choose 'GLASSWALL'.
  4. Enter your PAN Number and Application Number.
  5. Click 'Submit' to proceed.

Via BSE Website

To check your allotment status on the Bombay Stock Exchange (BSE) website:

  1. Visit BSE's IPO allotment page.
  2. Under 'Issue Type', click 'Equity'.
  3. Under 'Issue Name', select 'Glass Wall Systems (India) Limited' from the dropdown.
  4. Enter your Application Number.
  5. Add your PAN card ID.
  6. Click on 'I am not a Robot' and then hit the 'Search' button.

Grey Market Premium (GMP) Update

Despite the strong subscription figures, the Grey Market Premium (GMP) for Glass Wall Systems (India) has seen a correction. Sources indicate the GMP was recently around Rs 45-50 per share, suggesting a potential listing gain of 25-27 percent for investors. This is a drop from its premium of approximately Rs 65 before the bidding commenced.

IIFL Capital Services and Motilal Oswal Investment Advisors served as the book-running lead managers for the IPO, with MUFG Intime India acting as the registrar.

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