GENERAL15 Sept 2026
Glass Wall, Kanohar eye 25-35% listing pop; Prasol Chem may see weak debut
Three IPOs — Kanohar Electricals, Glass Wall Systems and Prasol Chemicals — finished bidding. They were open from September 8 to September 10. Kanohar led with a 36 per cent grey market premium, while Glass Wall and Kanohar may list with a 25 to 35 per cent gain. Prasol Chemicals may see a weak debut. Listing gains are not guaranteed, so check allotment before planning your exit.
Key Statutory Highlights
- Kanohar Electricals IPO commanded a 36 per cent grey market premium and led against Glass Wall Systems and Prasol Chemicals.
- All three offers were available for bidding from September 8 till September 10.
- Glass Wall and Kanohar are eyeing a 25 to 35 per cent listing pop, while Prasol Chemicals may see a weak debut.
Actionable Advice for Taxpayers / Founders:If you applied for any of these three IPOs, check your allotment status once it is declared, and treat the grey market premium and listing estimates as unofficial market talk rather than a sure outcome.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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