HD Fire Protect IPO: 10 key things retail investors should know from the RHP

The initial public offering of HD Fire Protect Limited will open for subscription on Tuesday, October 13. The issue will end on Wednesday, October 15. The bidding for anchor investors will take place on October 12.

As the IPO is just a day away, here are key things retail investors should know.

HD Fire Protect IPO: 10 key things to know

• HD Fire Protect IPO subscription period: The initial share sale will be open for public subscription from October 13 to October 15.
• IPO offer structure: It is completely an offer-for-sale (OFS) worth ₹712.31 crore by promoters Harish Narshi Dharamshi and Kusum Harish Dharamshi.
• HD Fire Protect IPO price band: The price range has been set at ₹258 to ₹271 per share.
• Reservation: Half of the net issue size has been kept aside for qualified institutional buyers (QIBs), 35% for retail investors and 10% for non-institutional investors (NIIs).
• Objective: Since no fresh issue component exists, the firm will not get any IPO proceeds.
• HD Fire Protect IPO lot size: A retail investor can bid for at least one lot, consisting of 55 shares.
• Financials: The firm had reported a net profit of ₹116.78 crore in FY26, compared to ₹109.71 crore in FY25. Its revenue from operations stood at ₹489.28 crore in FY26 versus ₹432.79 crore a year back.
• Book-running lead manager and registrar: Anand Rathi Advisors, Ambit and IIFL Capital Services are the public offer's book-running lead managers, while MUFG Intime India is the registrar.
• Allotment date: The basis of allotment is likely to be finalised on October 16.
• Listing date: The listing on the NSE and the BSE is scheduled on October 21.

Mumbai-based HD Fire Protect Ltd designs and manufactures an extensive portfolio of fire protection equipment and systems spanning foam, water and gas-based fire suppression solutions.

It has two manufacturing units in Maharashtra and serves customers across diverse sectors, including industrial, aerospace, oil and gas, refining and petrochemicals, heavy engineering, power and energy, pharmaceuticals, data centres and warehousing.