Glass Wall Systems IPO has entered its last day of bidding on Thursday, 10 September. Investors who wish to participate can place their bids today.
The ₹428 crore IPO opened for subscription on 8 September and will close on 10 September.
The Glass Wall Systems IPO has fixed its price band at ₹172– ₹182 per equity share, with a face value of ₹2. The IPO lot size is 82 shares, and investors can bid in multiples of 82 shares thereafter.
Glass Wall Systems IPO GMP today, or grey market premium, stands at ₹66. Based on the upper end of the IPO price band and the prevailing grey market premium, the estimated listing price is ₹248 per share. This implies a potential listing gain of 36.26% over the IPO price of ₹182 per share.
According to grey market trends over the past six sessions, the IPO’s GMP has risen today, indicating a positive outlook for its listing. During this period, the GMP ranged between ₹20 and ₹66.