HD Fire Protect Limited
OpenFire Protection Equipment · Mainboard IPO · INE18AK01028
Price band
₹258 – ₹271
Lot size
55 shares
Min. investment
₹14,905
Issue size
₹712 Cr
Face value
₹5
Registrar
MUFG Intime India Pvt.Ltd.
Issue timeline
Bidding opens
13 Oct 2026
Bidding closes
15 Oct 2026
Allotment
16 Oct 2026
Listing
21 Oct 2026
Subscription
4.65x
overall
5,78,149
applications
₹2,322 Cr
bid value
| Category | Sub. (x) | Offered | Bid for | ₹ Cr* |
|---|---|---|---|---|
| Qualified Institutional (QIB) | 1.04x | 52,42,673 | 54,55,890 | 148 |
| Non-Institutional >₹10L (bNII) | 10.81x | 26,21,336 | 2,83,26,595 | 768 |
| Non-Institutional ₹2–10L (sNII) | 12.64x | 13,10,668 | 1,65,72,710 | 449 |
| Retail (RII) | 3.83x | 91,74,677 | 3,51,21,570 | 952 |
| Employees | 2.94x | 71,138 | 2,09,495 | 6 |
| Total | 4.65x | 1,84,20,492 | 8,56,86,260 | 2,322 |
Combined NSE + BSE subscription, sourced from the exchanges and updated periodically. * bid value approx (shares bid × cut-off price). Final subscription confirmed after the issue closes.
About the company
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.
Issue details
Issue size
₹712 Cr
Offer for sale
₹712 Cr
Industry
Fire Protection Equipment
Promoter holding (pre)
100%
Promoter holding (post)
85%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 392.02 | 450.68 | 505.12 |
| EBITDA | 106.63 | 138.01 | 150.46 |
| Profit after tax | 87.92 | 109.72 | 116.79 |
| Net worth | 342.19 | 396.01 | 375.93 Cr |
| Total assets | 392.63 | 450.08 | 432.03 |
| Total borrowing | — | — | — |
Strengths
- Strong 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.
Documents
Calculate your bid
At cut-off price ₹271
Lots
1
- Shares
- 55
- Amount
- ₹14,905
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login
Min. investment
₹14,905