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Registered Office: 503-504 5th Flr A Wing,Marathon Futurex Lower Parel-E, Mumbai - 400013, Maharashtra, India.
Phone : +91 22 6103 3456   Fax:
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 Allotment
08-Sep-26 10-Sep-26 182.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 82   Further Multiples of : 82
  Rs(Cr.) Lead Managers to the Issue
Project Cost 54.63
Project Financed through Current Offer 427.89  
Post Issue Equity Share Capital 17.59  
Issue Price 182.00  

Project

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