Analysis: Glass Wall Systems

NSE:TL2141

Research report

companyname: Glass Wall Systems (India) Limited ticker: TL2141 sector: Building Envelope / Façade Engineering Solutions & Fenestration documenttype: IPO Research Report The offer combines a Fresh Issue of up to ₹600.00 million by the company with an Offer for Sale of up to 20,213,722 equity shares by existing holders. The OFS piece is sizeable: it represents roughly 23.9% of the 84,638,550 equity shares outstanding prior to the offer (at face value of ₹2 each, this is just under ₹40.43 million ...

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