{"id":236054,"date":"2026-09-09T10:11:07","date_gmt":"2026-09-09T04:41:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=236054"},"modified":"2026-09-09T10:11:09","modified_gmt":"2026-09-09T04:41:09","slug":"glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/","title":{"rendered":"Glass Wall Systems IPO Day 2: Subscription Status on 9 September 2026"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Glass Wall Systems IPO Day 2, 9 Sep 2026. Subscribed 2.52x at Day 1 close: Retail 3.75x, NII 3.02x, QIB 0.01x. Price band Rs 172-182. Closes 10 Sep.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">The Glass Wall Systems IPO is on Day 2 of bidding on 9 September 2026, after a strong opening day. Day 1 closed with the Glass Wall Systems IPO subscribed 2.52 times overall, led by retail investors at 3.75 times and non-institutional investors at 3.02 times, while qualified institutional buyers recorded only 0.01 times. Bidding for the Glass Wall Systems IPO remains open until 10 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day.<\/p>\n<\/div>\n<p>The issue has entered Day 2 of its three day bidding window, which opened on 8 September and closes on 10 September 2026. Glass Wall Systems (India) Limited, a facade and fenestration solutions provider, is raising about Rs 427.89 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE.<\/p>\n<p>Day 1 bidding for the issue crossed full subscription within about two and a half hours of opening, with retail and non-institutional investors driving the demand through the session, while institutional participation stayed thin. With QIB bids on mainboard issues typically concentrating on the final day, today&#8217;s session and the 10 September close remain important for the final outcome.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=glass-wall-systems-ipo-day2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#Glass_Wall_Systems_IPO_Details\" title=\"Glass Wall Systems IPO Details\">Glass Wall Systems IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#Glass_Wall_Systems_IPO_Subscription_Status_Day_2\" title=\"Glass Wall Systems IPO Subscription Status Day 2\">Glass Wall Systems IPO Subscription Status Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#How_to_Apply_for_the_Glass_Wall_Systems_IPO\" title=\"How to Apply for the Glass Wall Systems IPO\">How to Apply for the Glass Wall Systems IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#What_is_the_Glass_Wall_Systems_IPO_subscription_status_on_Day_2\" title=\"What is the Glass Wall Systems IPO subscription status on Day 2?\">What is the Glass Wall Systems IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#When_does_the_Glass_Wall_Systems_IPO_close\" title=\"When does the Glass Wall Systems IPO close?\">When does the Glass Wall Systems IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#What_is_the_Glass_Wall_Systems_IPO_price_band_and_lot_size\" title=\"What is the Glass Wall Systems IPO price band and lot size?\">What is the Glass Wall Systems IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#Which_category_led_the_Glass_Wall_Systems_IPO_on_Day_1\" title=\"Which category led the Glass Wall Systems IPO on Day 1?\">Which category led the Glass Wall Systems IPO on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#What_is_the_Glass_Wall_Systems_IPO_GMP\" title=\"What is the Glass Wall Systems IPO GMP?\">What is the Glass Wall Systems IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#How_do_I_apply_for_the_Glass_Wall_Systems_IPO\" title=\"How do I apply for the Glass Wall Systems IPO?\">How do I apply for the Glass Wall Systems IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#When_will_the_Glass_Wall_Systems_IPO_be_allotted_and_listed\" title=\"When will the Glass Wall Systems IPO be allotted and listed?\">When will the Glass Wall Systems IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#Is_the_Glass_Wall_Systems_IPO_likely_to_close_oversubscribed\" title=\"Is the Glass Wall Systems IPO likely to close oversubscribed?\">Is the Glass Wall Systems IPO likely to close oversubscribed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#What_is_the_reservation_split_in_the_Glass_Wall_Systems_IPO\" title=\"What is the reservation split in the Glass Wall Systems IPO?\">What is the reservation split in the Glass Wall Systems IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/glass-wall-systems-initial-public-offering-day-2-subscription-9-september-2026\/#What_does_Glass_Wall_Systems_India_Limited_do\" title=\"What does Glass Wall Systems (India) Limited do?\">What does Glass Wall Systems (India) Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Glass_Wall_Systems_IPO_Details\"><\/span><strong>Glass Wall Systems IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>8 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>10 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 172 to Rs 182 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>82 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 427.89 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>NSE and BSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>11 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>16 September 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Glass_Wall_Systems_IPO_Subscription_Status_Day_2\"><\/span><strong>Glass Wall Systems IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Category wise bidding for the issue is updated through the trading session on NSE and BSE. The table below shows the position at the close of Day 1 along with the overall figure recorded so far on Day 2.<\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription at Day 1 Close (8 Sep)<\/th>\n<th>Overall Subscription So Far (Day 2, 9 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>0.01 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>3.02 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>3.75 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>2.52 times<\/strong><\/td>\n<td><strong>Updating through the session<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Retail bidding has led the issue through Day 1, closely followed by non-institutional investors, while the QIB category has yet to show meaningful demand. Investors should treat the Day 2 figures as provisional since bidding remains open until the 10 September close.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Glass_Wall_Systems_IPO\"><\/span><strong>How to Apply for the Glass Wall Systems IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 172 to Rs 182 band, in multiples of 82 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 10 September.<\/li>\n<\/ol>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before the 10 September close.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has opened strongly, crossing full subscription within hours on Day 1 with retail and NII demand leading the way, while the QIB book has room to build before the 10 September close. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Glass_Wall_Systems_IPO_subscription_status_on_Day_2\"><\/span><strong>What is the Glass Wall Systems IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closed Day 1 subscribed 2.52 times overall, with retail leading at 3.75 times, NII at 3.02 times, and QIB at 0.01 times, and figures for Day 2, 9 September 2026, are updating through today&#8217;s session.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Glass_Wall_Systems_IPO_close\"><\/span><strong>When does the Glass Wall Systems IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 10 September 2026, having opened on 8 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Glass_Wall_Systems_IPO_price_band_and_lot_size\"><\/span><strong>What is the Glass Wall Systems IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 172 to Rs 182 per share, with a lot size of 82 shares, taking the minimum retail investment to about Rs 14,924 at the upper band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Glass_Wall_Systems_IPO_on_Day_1\"><\/span><strong>Which category led the Glass Wall Systems IPO on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail investors led the issue on Day 1, subscribing their reserved portion 3.75 times, closely followed by non-institutional investors at 3.02 times, while qualified institutional buyers recorded only 0.01 times.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Glass_Wall_Systems_IPO_GMP\"><\/span><strong>What is the Glass Wall Systems IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Glass_Wall_Systems_IPO\"><\/span><strong>How do I apply for the Glass Wall Systems IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 82 shares within the Rs 172 to Rs 182 band and approving the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Glass_Wall_Systems_IPO_be_allotted_and_listed\"><\/span><strong>When will the Glass Wall Systems IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 11 September 2026, with listing on NSE and BSE tentatively scheduled for 16 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Glass_Wall_Systems_IPO_likely_to_close_oversubscribed\"><\/span><strong>Is the Glass Wall Systems IPO likely to close oversubscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue was already subscribed 2.52 times through Day 1, so barring a sharp slowdown, the issue is well placed to close oversubscribed, though the QIB book, which stood at only 0.01 times, will only become clearer closer to the 10 September deadline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_reservation_split_in_the_Glass_Wall_Systems_IPO\"><\/span><strong>What is the reservation split in the Glass Wall Systems IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue reserves not more than 50 percent of the net offer for qualified institutional buyers, not less than 15 percent for non-institutional investors, and not less than 35 percent for retail individual investors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Glass_Wall_Systems_India_Limited_do\"><\/span><strong>What does Glass Wall Systems (India) Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Glass Wall Systems (India) Limited designs, manufactures and installs facade and fenestration systems, including glass facades, windows and doors, for domestic and international clients, and is the second largest facade solutions provider in India by revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Glass Wall Systems (India) IPO Day 2 subscription update for 9 September 2026, with category wise bidding trends and how to apply.<\/p>\n","protected":false},"author":35,"featured_media":236053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015],"class_list":["post-236054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["236053"],"_edit_lock":["1788928872:29"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["69"],"rank_math_title":["Glass Wall Systems IPO Day 2 Subscription Status 9 Sep 2026"],"rank_math_description":["Glass Wall Systems (India) IPO Day 2 subscription status on 9 September 2026. 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