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The Economic Times
The Economic Times
Veer Sharma

Glass Wall Systems shares rally 32% in 2 days after IPO. What should investors do?

Glass Wall Systems IPO Veer Sharma SEBI

Shares of Glass Wall Systems rallied as much as 12% to their day’s high of Rs 241 on the BSE on Thursday, extending gains for a second session after the company listed at a 7% premium to the issue price of Rs 182 before closing over 18% higher on Wednesday.

The Glass Wall Systems IPO raised Rs 427.89 crore, comprising a fresh issue of 32.97 lakh shares worth Rs 60 crore and an offer for sale (OFS) of 2.02 crore shares aggregating to Rs 367.89 crore.

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