The HD Fire Protect IPO allotment status will be finalized on Friday, October 16, 2026. Investors who applied for shares can check their allotment status online through the websites of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and MUFG Intime India. This initial public offering (IPO) was an offer for sale (OFS) of 2.63 crore shares by the promoters Kusum Harish Dharamshi and Harish Narshi Dharamshi, valued at ₹712.13 crore.
- The IPO was subscribed 131.70 times overall.
- Qualified institutional buyers (QIBs) led the bidding with 256.65 times subscription.
- Non-institutional investors subscribed 203.21 times.
- Retail individual investors subscribed 30.49 times.
- The IPO price band was set between ₹258 and ₹271 per share.
- Listing on NSE and BSE is scheduled for Wednesday, October 21, 2026.
What was the HD Fire Protect IPO offer?
The HD Fire Protect IPO was an offer for sale of 2.63 crore shares by the company’s promoters. The total value of the offer was ₹712.13 crore. Since this was an offer for sale, there was no fresh issuance of shares, meaning the company itself did not receive any funds from the IPO. Instead, the proceeds went to the selling promoters Kusum Harish Dharamshi and Harish Narshi Dharamshi.
How was the subscription for the IPO?
The IPO received strong interest from investors, with a total subscription of 131.70 times the shares on offer. The highest subscription came from qualified institutional buyers (QIBs), who bid for shares 256.65 times their allocated quota. Non-institutional investors subscribed 203.21 times, while retail individual investors subscribed 30.49 times. This high subscription rate indicates strong demand for the shares.
How can investors check the allotment status?
Investors can check the HD Fire Protect IPO allotment status online once it is finalized on October 16, 2026. The allotment details will be available on the official websites of the NSE, BSE, and MUFG Intime India. Investors need to visit these websites and enter their application details to find out if they have been allotted shares.
When will HD Fire Protect shares be listed?
The shares of HD Fire Protect are expected to be listed on the NSE and BSE on Wednesday, October 21, 2026. Listing on these stock exchanges will allow investors to buy and sell shares in the open market. The company expects that listing will enhance its visibility, brand image, and provide liquidity for its equity shares in India.
What does HD Fire Protect do?
HD Fire Protect is a Mumbai-based company that manufactures and supplies fire protection equipment and systems. Their products include water-, foam-, and gas-based fire suppression solutions. The company aims to provide safety and protection through its fire suppression technologies.
Frequently Asked Questions
Q: What was the price band for the HD Fire Protect IPO?
A: The price band was set between ₹258 and ₹271 per share.
Q: Who were the promoters selling shares in the IPO?
A: The promoters Kusum Harish Dharamshi and Harish Narshi Dharamshi sold 2.63 crore shares in the offer for sale.
Q: When will the IPO allotment status be finalized?
A: The allotment status is expected to be finalized on Friday, October 16, 2026.
Q: When will the shares be listed on stock exchanges?
A: The shares will be listed on the NSE and BSE on Wednesday, October 21, 2026.
