IPO Listing Highlights: Glass Wall Systems, Kanohar Electricals Shares Rally More, Prasol Chemicals Swings To Green
Three IPOs make their stock market debut today, with listing prices and early trading action in focus.
Glass Wall Systems, Kanohar Electricals and Prasol Chemicals IPO listing live updates: Track the listing price, listing gains or discount, issue price, IPO size, subscription details and early share price movement as the three companies make their stock market debut today. Get all the latest IPO listing updates, market reactions and trading developments here.
End of Coverage
This live blog has ended. Tomorrow is going to be an ever grander day for the primary market as NSE IPO goes live, Rentomojo lists and more. Stay tuned!
IPO Listing Live: Closing bell!
Glass Wall Systems' shares ended 11.34% higher than their listing price at Rs 216, Kanohar Electricals ended 10% higher at Rs 754, while Prasol Chemicals ended 10% higher at Rs 671.
Glass Wall Systems Surges 21% From Issue Price
Shares of Glass Wall Systems received a joyful welcome on the Dalal Street as they continued to rally after listing with gains. Shares traded at Rs 221.75, 14.22 % over the listing price and over 21% higher than the issue price.
IPO Listing Live: Prasol Chemicals Recovers From Listing Slump
Prasol Chemicals shares traded 10% higher at Rs 671, after listing at Rs 610. However, the stock stayed below the Rs 676 issue price.
Kanohar Electricals Shares Surge 12% More After Listing With Gains
Kanohar Electricals stock further soared 12% to Rs 764.75 after an already strong debut on the exchanges.
IPO Listing Live: Was Prasol Chemicals Fully Subscribed?
Prasol Chemicals IPO Final Subscription Status
The initial public offering (IPO) of Prasol Chemicals received a steady response from investors as the public issue was subscribed 3.3 times on the final day of bidding on Sept. 10. It received bids for 1,79,62,648 shares against 54,43,229 offered. However, he demand only picked up in the second half of the second day.
The category-wise subscription breakdown is as follows
- Qualified Institutional Buyers (QIB): 7.22 times
- Non-Institutional Investors (NII): 1.8 times
- Retail Investors: 1.7 times
IPO Listing Live: How Did Glass Wall Systems Perform?
Glass Wall Systems IPO Final Subscription Status
The initial public offering (IPO) of Glass Wall Systems received a strong response from investors as the public issue was subscribed 81.65 times on the final day of bidding on Sept. 10. It received bids for 134.37 crore shares against 1.65 crore shares on offer.
The category-wise subscription breakdown is as follows
Qualified Institutional Buyers (QIB): 167.93 times
Non-Institutional Investors (NII): 79.71 times
Retail Investors: 33.18 times
IPO Listing Live: Scorecard For Kanohar Electricals IPO
The IPO was subscribed 90.59 times on the final day of bidding. The bidding was strong across all investor categories:
- Qualified Institutional Buyers (QIBs): 215.37 times
- Non-Institutional Investors (NIIs): 87.74 times
- Retail Individual Investors (RIIs): 20.51 times
IPO Listing Live: When Was Allotment Done For These Issues?
The allotment for Kanohar Electricals IPO was finalised on Sep 11, 2026, along with Glass Wall Systems, and Prasol Chemicals.
IPO Listing Live: Prasol Chemicals Loses Listing Race, Shares Make Disappointing Debut
Prasol Chemicals: The stock settled at Rs 610 on the NSE, compared with the issue price of Rs 676, a discount of 9.8%. On the BSE, it settled at Rs 611, a discount of 9.6% below the issue price.
IPO Listing Live: Kanohar Electricals' Stock Sees Over 8% Gain On NSE
Kanohar Electricals: The stock settled at Rs 685.50 on the NSE, compared with the issue price of Rs 632, a premium of 8.5%. On the BSE, it settled at Rs 672.05, a premium of 6.3% over the issue price.
IPO Listing Live: Glass Wall Systems Shares List At A Premium!
Glass Wall Systems: The stock settled at Rs 194 on the NSE, compared with the issue price of Rs 182, a premium of 6.6%. On the BSE, it settled at Rs 190.10, a premium of 4.5% over the issue price.
IPO Listing Live: Prasol Chemicals IPO GMP, Expected Listing Price
The latest Grey Market Premium (GMP) for the Prasol Chemicals IPO was reported at Rs 13 below the issue price as of 8:30 a.m. on September 16. With the upper price band of Rs 676, the estimated listing price is Rs 661, implying a 1.92% listing loss.
IPO Listing Live: Glass Wall Systems GMP
The latest Grey Market Premium (GMP) for Glass Wall Systems IPO was reported at Rs 41 as of 8:00 a.m. on Sept. 16. Based on the upper price band of Rs 182, the estimated listing price is Rs 230, implying a potential listing gain of 22.53%.
IPO Listing Live: Kanohar Electricals GMP
Kanohar Electricals IPO is set to list on the NSE and BSE today, September 16. The latest grey market premium (GMP) will indicate the likely listing price and potential listing gain over the IPO issue price of Rs 632.
Based on the latest GMP of Rs 190, Kanohar Electricals shares are estimated to list at Rs 864, implying a 30.06% premium over the IPO's upper price band of Rs 632. However, the actual listing price may differ from the grey market indication.
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