Glass Wall Systems IPO Glass Wall Systems IPO -- My Quick Take Went through the RHP of Glass Wall Systems.At first glance, the numbers look impressive:Revenue: ₹304 Cr → ₹457 Cr (FY24–FY26)PAT: ₹20 Cr → ₹84 Cr EBITDA Margin: ~23% ROCE: ~43% Debt/Equity: ~0.03xFresh issue: ₹60 Cr, with ~₹50 Cr for a ...