Glass Wall Systems IPO Subscription Status — Day-wise, QIB, NII & Retail
Glass Wall Systems IPO subscription status shows how many times the issue was bid for, split across QIB, NII and retail categories. It was subscribed 56.59x on NSE at close (NSE + BSE combined 81.72x), as of 10 Sep 2026, 19:00 IST (NSE) — the category breakdown is below.
Subscription window: 8 Sep 2026 to 10 Sep 2026. Page data as of 16 Sep 2026.
Glass Wall Systems subscription day-wise
| Category | Day 1 9 Sep | Final 10 Sep |
|---|---|---|
| QIB | 0.04x | 110.11x |
| NII | 9.53x | 63.48x |
| bNII (above Rs 10 lakh) | 7.29x | 60.60x |
| sNII (Rs 2–10 lakh) | 14.03x | 69.25x |
| Retail (RII) | 7.42x | 23.06x |
| Total | 5.76x | 56.59x |
Cumulative NSE bids at the end of each bidding day, keyed by NSE's own data date; the issue closes 10 Sep 2026. Columns are numbered by captured days; if a day was missed the count is lower, never shifted.
Glass Wall Systems subscription by category
| Category | Shares offered | Shares bid for | Times subscribed |
|---|---|---|---|
| QIB | 4,702,085 | 517,755,052 | 110.11x |
| NII | 3,526,564 | 223,875,252 | 63.48x |
| bNII (above Rs 10 lakh) | 2,351,043 | 142,466,882 | 60.60x |
| sNII (Rs 2–10 lakh) | 1,175,521 | 81,408,370 | 69.25x |
| Retail (RII) | 8,228,649 | 189,763,744 | 23.06x |
| Total | 16,457,298 | 931,394,048 | 56.59x |
NSE bids only, as of 10 Sep 2026, 19:00 IST (NSE); NSE + BSE combined total 81.72x. A dash means NSE had not reported that row. Symbol GLASSWALL.
Glass Wall Systems subscription categories explained
- QIB — qualified institutional buyers (mutual funds, banks, FIIs). Strong QIB demand is often read as a confidence signal.
- NII / HNI — non-institutional bids above Rs 2 lakh (sNII Rs 2–10 lakh, bNII above Rs 10 lakh).
- Retail — applications up to Rs 2 lakh. Heavy retail oversubscription means allotment by lottery.
How subscription affects Glass Wall Systems allotment and GMP
The more the retail portion is oversubscribed, the lower each applicant's odds — allotment becomes a lottery for one lot. Sentiment shows up in the grey market too: Glass Wall Systems's latest tracked GMP is Rs 41 (22.53% of the upper band). GMP is unofficial and volatile — never a forecast. See Glass Wall Systems's GMP page and how allotment works in allotment tips.
FAQs
What is Glass Wall Systems IPO subscription status?
Glass Wall Systems was subscribed 56.59x on NSE (81.72x NSE and BSE combined) as of 10 Sep 2026, 19:00 IST (NSE). The table on this page breaks that down by QIB, NII and retail.
Does high subscription mean I will get Glass Wall Systems allotment?
No — the opposite. Heavy retail oversubscription means allotment is by lottery, so your odds fall. High subscription signals demand, but does not improve your individual allotment chance.