Several Initial Public Offerings (IPOs) are currently open for subscription across mainboard and SME platforms. This article covers key details about the Glass Wall Systems (India), Prasol Chemicals, and Kanohar Electricals IPOs.
Glass Wall Systems (India) Limited
Glass Wall Systems (India) Limited is an architectural facade engineering company incorporated in 2002. It designs, fabricates and installs facade systems such as curtain walls, structural glazing, aluminium windows and skylights for high-rise commercial, residential and institutional projects.
| IPO dates | September 08, 2026 - September 10, 2026 |
| Price band | ₹172 - ₹182 per equity share |
| Lot size | 82 shares; minimum retail application of ₹14,924 at the upper band |
| Issue size | ₹427.89 crore |
Revenue from operations for FY26 stood at ₹456.97 crore (total income ₹471.43 crore), up from ₹278.32 crore in FY25. Profit After Tax for FY26 stood at ₹83.79 crore, compared to ₹57.51 crore in FY25. The company has stated that proceeds will be used for working capital, facade fabrication machinery and software, and general corporate purposes.
Prasol Chemicals Limited
Prasol Chemicals Limited manufactures specialty chemicals focused on phosphorus and sulphur chemistry. Its products are used in agrochemicals, pharmaceuticals, lubricants and synthetic rubber applications across domestic and export markets.
| IPO dates | September 08, 2026 - September 10, 2026 |
| Price band | ₹643 - ₹676 per equity share |
| Lot size | 22 shares; minimum retail application of ₹14,872 at the upper band |
| Issue size | ₹500.00 crore |
Total income in FY26 reached ₹1,237.85 crore (up from ₹1,015.54 crore in FY25 and ₹887.56 crore in FY24). Profit After Tax for FY26 was ₹83.12 crore (up from ₹43.57 crore in FY25 and ₹18.13 crore in FY24). Net proceeds are proposed for debt repayment, expansion of chemical processing units at Khopoli, Maharashtra, and general corporate purposes.
Kanohar Electricals Limited
Kanohar Electricals Limited manufactures power transformers, distribution transformers and substation equipment. The company supplies high-voltage power transformers to state electricity boards, power utilities and private industrial infrastructure companies.
| IPO dates | September 08, 2026 - September 10, 2026 |
| Price band | ₹601 - ₹632 per equity share |
| Lot size | 23 shares; minimum retail application of ₹14,536 at the upper band |
| Issue size | ₹1,055.74 crore |
Revenue from operations was ₹480.25 crore in FY26, and PAT stood at ₹44.80 crore. The company proposes to use ₹140.00 crore for working capital, with the balance allocated to facility expansion, modernisation and general corporate purposes.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence and consult with a financial advisor before making any investment decisions.
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