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HD Fire Protect

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IPO Timeline

Issue open date

13 Oct 2026

Issue close date

15 Oct 2026

UPI mandate deadline

15 Oct 2026

Allotment finalization

16 Oct 2026

Refund initiation

19 Oct 2026

Share credit

19 Oct 2026

Listing date

21 Oct 2026

Mandate end date

30 Oct 2026

Lock-in end date for anchor investors (50%)

14 Nov 2026

Lock-in end date for anchor investors (remaining)

13 Jan 2027

Grey Market Premium Trend

₹91
Current GMP
₹362
Est. Listing Price
33.6%
Est. Listing Gain
₹258 - ₹271
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
12 Oct₹91₹36233.58%
11 Oct₹86₹35731.73%
10 Oct₹86₹35731.73%
9 Oct₹75₹34627.68%
8 Oct₹74₹34527.31%
7 Oct₹63₹33423.25%
6 Oct₹80₹35129.52%
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IPO Subscription Status

CategoryTimesAllotment Chances
HNIs (Total)11.15🔥9.0%
bHNI10.62🔥9.4%
sHNI12.21🔥8.2%
QIBs1.0496.2%
Retail3.727.0%
Employees2.934.5%
Last updated: 13 October'26 04:43PM

Key Dates

Open
13 Oct 2026
Close
15 Oct 2026
Listing
21 Oct 2026

Quick Stats

Issue Size:712cr
Lot Size:55 shares

About the Company

HD Fire Protect is a manufacturer and supplier of comprehensive fire protection equipment and systems, catering to diverse sectors such as industrial, commercial, residential, and infrastructure across India and over 90 countries. The company’s core business involves designing and producing a wide range of products, including water spray nozzles, foam equipment and suppression systems, gas suppression systems, deluge valves, pre-action systems, and custom-engineered solutions. It generates revenue primarily through the sale of these manufactured goods, alongside offering contract manufacturing services for off-the-shelf standard products. The business operates through a multi-tiered sales network comprising direct customers and international distributors, relying on short-term purchase orders. Production is centralized across two manufacturing facilities in Maharashtra. A significant portion of its sales stems from export markets, demonstrating a strong global footprint. The company maintains stringent quality controls, adhering to safety certifications.

Strengths

  • Second-largest Indian fire protection equipment maker in FY25.
  • Comprehensive water, foam, and gas suppression portfolio.
  • Global presence with exports to over 90 countries.
  • Major safety certifications including UL, FM, and CE.
  • In-house R&D and dedicated fire-testing facilities.

Risks

  • Product failures can trigger liabilities and brand damage.
  • Concentrated manufacturing footprint limited to Maharashtra.
  • No long-term supply agreements for raw materials.
  • Revenue volatility from lack of long-term customer contracts.
  • High dependence on keeping international safety certifications active.

HD Fire Protect IPO – Frequently Asked Questions

  • The price band for the HD Fire Protect IPO is set at ₹258 to ₹271 per share.
  • The HD Fire Protect IPO opens on October 13, 2026 and closes on October 15, 2026.
  • The tentative listing date for the HD Fire Protect IPO is October 21, 2026.
  • You can apply for the HD Fire Protect IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose HD Fire Protect, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the HD Fire Protect IPO is 55 shares. Investors must apply for at least one lot (i.e., 55 shares).