Aureate Tradde IPO is a SME IPO of 38,98,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is . The Aureate Tradde IPO open and close dates are not available as of now. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Glass Wall Systems (India) IPO Details Details
Glass Wall Systems IPO is a ₹427.89 crore book-built issue, comprising a ₹60 crore fresh issue and ₹367.89 crore OFS. The IPO opens on September 8 and closes on September 10, 2026, with listing expected on BSE and NSE on September 16. The price band is ₹172–₹182 per share, with a minimum lot of 82 shares requiring ₹14,924. IIFL Capital Services is the BRLM, while MUFG Intime India is the registrar.
IPO Details
| IPO Date | 08 Sep 26 |
| Listing Date | 16 Sep 26 |
| Face Value | ₹2 per share |
| Price Band | ₹172 to ₹182 |
| Lot Size | 82 |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Total Issue Size | ₹428 Cr |
| Fresh Issue |
₹60 Cr
|
| Offer for Sale | |
| Share Holding Pre Issue | 8,46,38,550 shares |
| Share Holding Post Issue | 8,79,35,253 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Offer |
| Retail Shares Offered | Not less than 35% of the Offer |
| NII Shares Offered | Not less than 15% of the Offer |
About Glass Wall Systems (India) IPO Details.
Incorporated in 2010, Glass Wall Systems (India) Limited is a façade solutions and fenestration solutions provider with operations across India and international markets, including the United States and Australia. Backed by over two decades of industry experience, the Company has established capabilities across the design, engineering, fabrication, supply, and installation of façade and fenestration systems. As of March 31, 2026, it had completed more than 158 projects.
The Company operates through three key business verticals:
Domestic Façade Solutions: Provides end-to-end façade solutions, including design, engineering, fabrication, supply, installation, and EPC services, catering primarily to real estate developers, contractors, and corporate clients in India.
International Façade Products Supply: Supplies customized and sustainable façade products to international contractors and façade companies, with a presence across overseas markets, including the United States and Australia.
Fenestration Solutions: Offers customized premium and luxury fenestration products, including windows, doors, skylights, and partition systems, primarily for the high-end domestic market. This vertical is largely operated through its subsidiary, Yes Systems Private Limited, which was acquired in August 2025. Yes Systems operates in the premium fenestration segment under the ORIA brand and collaborates with international partners, including a Swiss window systems brand, LIBART, and OIKAS.
The Company caters to a diversified client base comprising real estate developers, contractors, hospitals, airport authorities, and corporate clients across commercial, residential, and institutional projects.
Its project portfolio includes prominent developments such as The Capital, Kohinoor Square, Bagmane Rio, and Lodha World One in India. Its international portfolio includes projects such as Jackson Avenue, 1400 South Wabash, Spark GTIC, and Harper Court in the United States, along with Project Dove in Australia.
As of March 31, 2026, Glass Wall Systems employed 370 permanent employees, supporting its operations across engineering, project execution, manufacturing, sales, and other corporate functions.
Company Financials (Restated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | |
|---|---|---|---|---|
| Assets | 468.38 | 316.63 | 281.76 | |
| Total Income | 471.43 | 288.14 | 310.26 | |
| Profit After Tax | 83.79 | 57.51 | 20.25 | |
| EBITDA | 105.20 | 73.01 | 54.70 | |
| Net Worth | 261.58 | 175.75 | 122.60 | |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirement for setting up of a glass processing unit (GPU Project) as part of planned backward integration of the Company at Vile Bhagad Facility | 60.00 |
| 2 | General Corporate Purposes | 0.00 |
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 38.62%% | 39.00%% |
| ROCE | 43.01%% | 43.39%% |
| Debt/Equity | - | - |
| RoNW | 32.03%% | 32.72%% |
| PAT Margin | 18.34%% | 20.66%% |
| EBITDA Margin | 23.02%% | 26.23%% |
Key Performance Indicator (KPI)
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.90 | 9.53 |
| The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP. | ||
IPO Registrar
- MUFG Intime India Pvt.Ltd.
- 022-49186000
- glasswallsystems.ipo@in.mpms.mufg.com
- Visit Website
IPO Lead Manager(s)
Contact Details
Glass Wall Systems (India) Ltd. Address
503-504, 5th Floor, A Wing Marathon Futurex, Mafatlal Mills Compound N.M. Joshi Marg, Lower Parel (East) Mumbai, Maharashtra, 400013
- +91 22 6103 3456
- compliance@glasswallsystem.com
- Visit Website
IPO FAQs
-
What is the Aureate Tradde IPO?
-
How to apply in Aureate Tradde IPO through Zerodha?
Zerodha customers can apply online in Aureate Tradde IPO using UPI as a payment gateway. Zerodha customers can apply in Aureate Tradde IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aureate Tradde IPO through Zerodha
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ' Aureate Tradde IPO ' row and click the 'Bid' button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
-
When Aureate Tradde IPO will open?
The Aureate Tradde IPO dates are not announced. Please check back again after some time.
-
What is the lot size of Aureate Tradde IPO?
Aureate Tradde IPO lot size and the minimum order quantity is not available at this time. Please check again later.
-
How to apply for Aureate Tradde IPO?
You can apply in Aureate Tradde IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
-
Is online banking secure?
Repudiated and annoyances accepted the wise man therefore always holds in these matters to this principle selection he rejects pleasures to secures.
-
When is Aureate Tradde IPO allotment?
The finalization of Basis of Allotment for Aureate Tradde IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aureate Tradde IPO allotment status.
-
When is Aureate Tradde IPO listing date ?
The Aureate Tradde IPO listing date is not yet announced. The tentative date of listing is .