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The Economic Times
The Economic Times
Ritesh Presswala

Glass Wall Systems IPO Day 2: Issue subscribed 8 times, GMP at 31%. Should you subscribe?

Glass Wall Systems GMP IPO Anand Rathi

The Glass Wall Systems IPO received a strong response from investors on Day 2, with the issue subscribed 8.22 times overall against 1.64 crore shares on offer, showed the NSE data.

The three-day subscription window will remain open until September 10. Adding to the buzz, the IPO is attracting strong traction in the grey market, with the Grey Market Premium (GMP) currently at around 31%. The elevated GMP indicates that investors are anticipating a potentially strong listing for the company.

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