Shares of Glass Wall Systems made their D-Street debut on Wednesday, listing at a premium of up to 7% on the bourses. The stock opened at Rs 194 apiece on the NSE, up 6.59% over the issue price of Rs 182. On the BSE, Glass Wall Systems shares debuted at Rs 190.10 apiece, marking a premium of 4.45% over the issue price.
The listing fell short of unlisted-market expectations, which had suggested a double-digit premium for the stock. Ahead of the listing, the company’s shares were commanding a 23% premium in the grey market.