HD Fire Protect IPO allotment: How to check status online on NSE, BSE, MUFG Intime India; listing date, time here

HD Fire Protect IPO allotment status is expected to be finalised on Friday, October 16. The bid finalisation details will be available on the websites of the NSE, the BSE and MUFG Intime India.

The initial share sale was subscribed a whopping 131.70 times, as it received bids for 2,42,60,01,270 shares compared to 1,84,20,492 shares on offer, according to the NSE data.

The bidding was led by qualified institutional buyers (QIBs) as they subscribed their portion 256.65 times. The quota for non-institutional investors was booked 203.21 times and the category for retail individual investors was subscribed 30.49 times.

The ₹712.13 crore initial public offering was an offer for sale (OFS) of 2.63 crore shares by promoters Kusum Harish Dharamshi and Harish Narshi Dharamshi.

Since there was no fresh issuance of shares, the firm will not receive any proceeds from the issue. The funds raised will go to selling promoters.

"Our company expects that listing of the equity shares will enhance our visibility and brand image and provide liquidity and a public market for the equity shares in India," the firm said in its red herring prospectus (RHP).

Mumbai-based HD Fire Protect makes and supplies fire protection equipment and systems, providing water-, foam- and gas-based fire suppression solutions.

HD Fire Protect IPO allotment date and time

The basis of allotment is likely to be finalised on Friday, October 16, by evening.

How to check HD Fire Protect IPO allotment status online on NSE

• Go to NSE’s allotment status portal: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’
• From the 'Select Symbol' list, click on 'HDFIRE'
• Fill in your application number or PAN
• Press the 'Submit' button

Steps to check HD Fire Protect IPO allotment status online on BSE

• Head to BSE's IPO allotment status website: https://bseindia.com/investors/appli_check.aspx
• Select ‘Equity’ as the issue type
• From the ‘Issue Name’ dropdown menu, choose ‘HD Fire Protect Ltd’
• Add either your PAN or IPO application number
• Click on the ‘I’m not a robot’ tab and press the ‘Search’ button

HD Fire Protect IPO allotment status online on MUFG Intime India; full steps

• Open the registrar's allotment status page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Choose ‘HD Fire Protect Limited’ from the public offer names
• Mention your PAN, application no, DP/Client ID, or Account No/IFSC
• Hit the ‘Submit’ button

HD Fire Protect IPO listing date and time

Shares of HD Fire Protect IPO will make their debut on the NSE and the BSE on Wednesday, October 21.