IPO Synopsis
| Glass Wall Systems (India) Ltd |
|---|
| Registered Office: 503-504 5th Flr A Wing,Marathon Futurex Lower Parel-E,Mumbai-400013, Maharashtra |
| Tel. No: +91 22 6103 3456 |
| Fax No: NA |
| Email: compliance@glasswallsystem.com |
| Website: www.glasswallsystems.in |
| Initial public offering of up to 23,510,425 equity shares of face value of Rs. 2 each ("Equity Shares") of the company for cash at a price of Rs. 182 per equity share (including a share premium of Rs. 180 per equity share) ("Offer Price") aggregating up to Rs. 427.89 Crores ("Offer"). The offer comprises a fresh issue of up to 3,296,703 equity shares (of face value of Rs. 2 each) aggregating up to Rs. 60.00 Crores by the company ("Fresh Issue") and an offer for sale of up to 20,213,722 equity shares of face value of Rs. 2 each ("Offered Shares") aggregating up to Rs. 367.89 Crores by the selling shareholders, consisting of up to 2,530,243 equity shares (of face value of Rs. 2 each) aggregating up to Rs. 46.05 Crores by Jawahar Hariram Hemrajani, up to 2,740,431 equity shares (of face value of Rs. 2 each) aggregating up to Rs. 49.88 Crores by Eshan Jawahar Hemrajani, up to 14,943,048 equity shares (of face value of Rs. 2 each) aggregating up to Rs. 271.96 Crores by India business excellence fund IIA (Such Offer For Sale of Equity Shares by the Selling Shareholders, the "Offer for Sale"). Price Band: Rs. 182 per equity share of face value of Rs. 2 each. The floor price is 91 times the face value of the equity shares. Bids can made for a minimum of 82 equity shares of face value of Rs. 2 each and in multiples of 82 equity shares of face value of Rs. 2 each. thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 08-Sep-2026 | 10-Sep-2026 | ₹182.00 - 0.00 | |
| Minimum Application for shares in Nos : 82.0 | Further Multiples of :82.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 54.63 | IIFL Capital Services Limited |
| Project Financed through Current Offer | 427.89 | Motilal Oswal Investment Advisors Limited |
| Post Issue Equity Share Capital | 17.59 | |
| Issue Price | 182.00 |
| Projects |
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| Funding capital expenditure requirement for setting up of GPU Project as part of planned backward integration of the Company at the Vile Bhagad Facility |
| General corporate purposes |
| Promoted By |
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| Jawahar Hariram Hemrajani |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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| MUFG Intime India Pvt Ltd |
