HD Fire Protect Limited will launch its IPO on October 13, 2026. The issue will remain open until October 15.
The anchor investor bidding will take place on October 12. The company has fixed the price band at ₹258 to ₹271 per share.
Each equity share has a face value of ₹5. Investors can bid for a minimum of 55 shares. Further bids must be made in multiples of 55 shares.
HD Fire Protect IPO Is Entirely an Offer for Sale
The IPO comprises an Offer for Sale of up to 2,62,84,500 equity shares. There is no fresh issue component in the offering.
Promoter shareholders will sell their shares through the IPO. Harish Narshi Dharamshi will offer up to 89,83,700 shares.
Kusum Harish Dharamshi will offer up to 1,73,00,800 equity shares. At the upper price band, the issue size will be around ₹712 crore.
Since the IPO has no fresh issue, HD Fire Protect will not receive any proceeds. The selling shareholders will receive the proceeds from the offer.
Employee Discount and Investor Quota
Eligible employees will receive a discount of ₹25 per equity share. The discount applies to bids made under the Employee Reservation Portion.
The IPO will follow the book-building process. Shares will be allocated across different investor categories.
At least 35% of the Net Offer will be available to retail investors. Not less than 15% will be available to non-institutional investors.
The QIB portion will account for up to 50% of the Net Offer. The allocation will follow applicable SEBI rules.
HD Fire Protect IPO Key Dates
The anchor investor bidding will take place on October 12. The public issue will open on October 13.
The IPO will close on October 15. Investors should check the final allotment and listing dates after the issue closes.
The company plans to list its shares on BSE and NSE. BSE will serve as the designated stock exchange.
Book Running Lead Managers
Ambit Private Limited is one of the Book Running Lead Managers. Anand Rathi Advisors Limited is also handling the issue.
IIFL Capital Services Limited is the third Book Running Lead Manager. The three firms will manage the IPO process.
HD Fire Protect filed its Red Herring Prospectus on October 5, 2026. Investors should read the RHP before making an investment decision.
The document contains detailed information about the company and the IPO. It also includes the risk factors associated with the investment.
About HD Fire Protect
HD Fire Protect operates in the fire protection equipment and systems segment. The company offers solutions using water, foam and gas-based technologies.
Its products serve industrial, commercial, residential and infrastructure applications. The company also caters to customers in international markets.
The IPO will give investors an opportunity to participate in the company’s public listing. However, investors should assess the offer carefully before subscribing.cision.
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