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HD Fire Protect Ltd

HD Fire Protect Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹271
₹271
GMP (Grey Market)
+₹80
+29.52%
Est. Listing Price
₹351
Based on GMP
Min. Investment
₹14,905
1 lot × 55 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
13 Oct 2026
Close Date
15 Oct 2026
Allotment
16 Oct 2026
Listing Date
21 Oct 2026
Exchange
NSE & BSE
Price Band
₹271
Listing Price
See chart
Allotment Status
Price Band
₹271
Per share
Face Value
₹5 per share
 
Lot Size
55 Shares
per lot
Issue Size
2,62,84,500 shares (agg. up to ₹712 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,905
1 lot
Pre-IPO Holding
17,52,30,000 shares
Promoters
Post-IPO Holding
17,52,30,000 shares
Promoters
P/E (Pre)
40.69x
 
P/E (Post)
49.72x
 
EPS (Pre)
₹6.66
 
EPS (Post)
₹5.45
 
UPI Deadline
5:00 PM on 15 Oct 2026
Mandate
GMP
+₹80
+29.52% est.
Anchor AllotmentMon, 12 Oct 2026
Basis of AllotmentFri, 16 Oct 2026
Refund InitiationMon, 19 Oct 2026
Demat CreditMon, 19 Oct 2026
Listing DayWed, 21 Oct 2026
UPI Mandate Deadline5:00 PM on 15 Oct 2026
Sale TypeOFS only
Offer for Sale2,62,84,500 shares of ₹5 (agg. up to ₹712 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
HD Fire Protect Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Oct 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
26,284,500
100% ₹712.31
IPO Shares Offered
HD Fire Protect Ltd IPO total issue size: ₹712.31 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 26,284,500 ₹712.31
100.00%
* Based on upper price band ₹271 per share
Lot Size & Investment
Lot Size
55
Shares per Lot
Issue Price
₹271.00
Upper Band
Min Investment
₹14,905
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2110₹29,810
Retail (Max — 13 Lots)13715₹193,765
S-HNI (Min — 14 Lots)14770₹208,670
B-HNI (Min — 68 Lots)683,740₹1,013,540
* Issue Price ₹271 × Lot Size 55 shares
IPO Schedule
Anchor
12 Oct 2026
✓ Done
IPO Open
13 Oct 2026
✓ Done
IPO Close
15 Oct 2026
✓ Done
Allotment
16 Oct 2026
✓ Done
Refunds
19 Oct 2026
✓ Done
Demat Credit
19 Oct 2026
✓ Done
Listing Day
21 Oct 2026
✓ Done
HD Fire Protect Ltd — Live Price LIVE
₹271.00
INR · BSE
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Issue ₹271.00 GMP: +₹80 Live Price
About HD Fire Protect Ltd
Incorporated in April 1997, HD Fire Protect Limited is an Indian manufacturer and supplier of fire protection equipment and systems, offering water, foam and gas-based fire suppression solutions. The Company offers a comprehensive portfolio across eight product categories, including sprinklers, alarm valves and accessories, deluge valves and systems, foam equipment and suppression systems, monitors and nozzles, water spray nozzles, custom-engineered systems and gas suppression systems. Its products cater to industrial, residential and commercial applications, including oil and gas, refining and petrochemicals, power and energy, heavy engineering, aerospace, pharmaceuticals, data centres, hospitality, healthcare and other sectors. The Company develops a majority of its products in-house and focuses on proprietary designs meeting national and international standards.The Company has over three decades of experience and has established a global presence, with exports to more than 90 countries since inception and 49 countries during the three months ended June 30, 2026. It was the first Indian fire protection equipment manufacturer to receive UL Listing for deluge valves in 1996 and the first Indian manufacturer to receive FM approval for a range of low-expansion foam system products. As of September 2026, it had 21 UL Listed and 87 FM Approved product certifications. The Company operates two manufacturing facilities in Jalgaon and Thane, Maharashtra, covering approximately 8.50 acres, supported by a fire test laboratory and R&D capabilities.The Company has supplied fire protection equipment and systems to 2,066 customers in Fiscal 2026 and has supplied products for major projects including the Samruddhi Mahamarg, Jamnagar refinery, new Indian Parliament building, Saudi Aramco's Ras Tanura Sea Island site and Oman's Integrated Power & Water Plant Project. Revenue from operations increased from ₹3,729.53 million in Fiscal 2024 to ₹4,892.81 million in Fiscal 2026, representing a CAGR of 14.54%, while its order book stood at ₹1,586.01 million as of June 30, 2026.As of June 30, 2026, the Company had 279 permanent employees and 253 contractual employees.Competitive StrengthsStrong product certification and quality track record.Advanced design, manufacturing and R&D capabilities.Experienced management team and qualified personnel.Comprehensive fire protection equipment and systems portfolio.Track record of profitability and consistent financial performance.Strong and diversified customer base with long-standing global relationships.Well-established global presence in a certification-driven, high-barrier industry.
HD Fire Protect Ltd Financials (Amount in Rs Cr)
Revenue from Operations
₹450.7
31 Mar 2025
₹505.1
31 Mar 2026
₹114.1
Jun 30, 2026
Profit After Tax (PAT)
₹109.7
31 Mar 2025
₹116.8
31 Mar 2026
₹23.9
Jun 30, 2026
ParticularsJun 30, 202631 Mar 202631 Mar 2025
Revenue from Operations 114.07 505.12 450.68
EBITDA 29.73 150.46 138.01
Profit After Tax (PAT) 23.87 116.79 109.72
Net Worth N/A 375.93 396.01
Total Assets 477.60 432.03 450.08
Reserves & Surplus 309.93 286.07 302.59
Borrowings N/A N/A N/A
EBITDA Margin (%) 27.26 — —
PAT Margin (%) 20.92 — —
RoE
6.13
RoCE
8.36
RoNW
5.97
PAT Margin
20.92
EBITDA Margin
27.26
Issue Structure & Shareholding
Total Shares Offered2,62,84,500
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding17,52,30,000 shares
Post-Issue Promoter Holding17,52,30,000 shares
P/BV RatioN/A
RoE6.13
RoCE8.36
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Ambit Pvt.Ltd
Anand Rathi Advisors Ltd
IIFL Capital Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much HD Fire Protect Ltd IPO subscribed? ▲

HD Fire Protect Ltd IPO is subscribed 1.00 times by Oct 15, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is HD Fire Protect Ltd IPO retail subscription status? ▼

The HD Fire Protect Ltd IPO retail category is subscribed 1.00 times as of 15 Oct 2026. The retail portion is oversubscribed.

How to subscribe HD Fire Protect Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 13 Oct 2026 and closes 15 Oct 2026. Min investment: ₹14,905 (1 lot = 55 shares). UPI mandate: 5:00 PM on 15 Oct 2026.

How many times HD Fire Protect Ltd IPO subscribed? ▼

The HD Fire Protect Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check HD Fire Protect Ltd IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://in.mpms.mufg.com/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Oct 2026. Refunds: on 19 Oct 2026.

When HD Fire Protect Ltd IPO will be listed? ▼

The HD Fire Protect Ltd IPO listing date is 21 Oct 2026, Wednesday. Listed on: NSE & BSE. Issue price: ₹271. Estimated listing: ₹351. GMP: +₹80.

When HD Fire Protect Ltd IPO close? ▼

The HD Fire Protect Ltd IPO closes on 15 Oct 2026, Thursday. UPI mandate: 5:00 PM on 15 Oct 2026. Allotment: 16 Oct 2026. Listing: 21 Oct 2026.