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The Economic Times
The Economic Times
Business
Ritesh Presswala

Glass Wall Systems IPO fully subscribed on Day 1; GMP signals 28% listing gain. Check price band, lot size

Glass Wall Systems GMP IPO United States

Glass Wall Systems IPO received bids for 4,15,12,910 shares against 1,64,57,298 on offer leading to an oversubscription of 2.52 times by end of the first day of subscription, showed the NSE data.

The IPO has already attracted attention in the grey market, where it is currently commanding a premium of around 28%. The strong GMP suggests investors expect a healthy listing gain.

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