Glass Wall Systems Hits 20% Upper Circuit, Extends Post-Listing Gain to 38% in Two Sessions

Generic user silhouette icon 5paisa Capital Ltd - 0 min read

Last Updated: 17th September 2026 - 05:11 pm

Glass Wall Systems India continued its strong start on the stock market on Thursday, with shares hitting the 20% upper circuit on only their second day of trading. 

The stock was locked at ₹257.82 on the NSE, the highest level permitted for the session. With Thursday’s rise, Glass Wall Systems has gained around 38% in the two trading days since its debut. 

The move follows an active listing session on Wednesday, when the stock finished substantially above its ₹182 issue price. 

On the NSE, Glass Wall Systems had opened at ₹194, giving it a 6.59% premium over the IPO price. It went on to close its first session at ₹214.85, an 18% gain over the issue price. 

The BSE debut followed a similar path. Shares listed at ₹190.10, 4.45% above the issue price, and climbed as high as ₹228.10 during the session. The stock eventually settled at ₹215.35, leaving it 18.32% above the IPO price. 

Market value rises by ₹373 crore in a day 

Thursday’s upper circuit also lifted the company’s market capitalisation. 

At ₹257.82 a share, Glass Wall Systems was valued at ₹2,267.15 crore. That compares with ₹1,893.69 crore at the end of its debut session, an increase of ₹373.46 crore. 

The sharp two-day move comes after the company’s ₹428-crore initial public offering attracted strong demand from investors. 

The IPO was subscribed 81.65 times. Glass Wall Systems had offered shares in a price band of ₹172 to ₹182 apiece. 

About Glass Wall Systems 

Incorporated in 2002, Glass Wall Systems India provides façade and fenestration solutions. 

The company operates in India as well as overseas markets, including the United States and Australia. 

Its stock-market journey began on September 16 with an 18% gain over the issue price on the NSE. A day later, shares reached the 20% upper circuit at ₹257.82, taking the cumulative gain since the ₹182 IPO price to around 38%. 

FREE Trading & Demat Account
Open FREE Demat Account with endless opportunities.
  • Flat ₹20 Brokerage
  • Next-gen Trading
  • Advanced Charting
  • Actionable Ideas
+91
''
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
OR
hero_form

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form