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  5. HD Fire Protect IPO Day 3: Check subscription status, allotment date and steps

Market News

HD Fire Protect IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on October 15, 2026, 08:57 IST

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SUMMARY

The ₹712.13 crore HD Fire Protect IPO consists entirely of an offer for sale of 2.63 crore shares by promoters Harish Narshi Dharamshi and Kusum Harish Dharamshi.

HD Fire Protect IPO lot size for an application is 55 shares. | Image: hdfire.com

HD Fire Protect IPO lot size for an application is 55 shares. | Image: hdfire.com

The initial public offering of fire protection equipment manufacturer HD Fire Protect Ltd will conclude on Thursday, October 15. The subscription details will be available post 10 am.

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As of day 2, the issue was subscribed 16.50 times. It received bids for 30,38,47,390 shares compared to 1,84,20,492 shares on offer, according to the NSE data.

The bidding was led by non-institutional investors who subscribed their portion 48.70 times, while the category for retail investors was booked 11.33 times. The part for qualified institutional buyers (QIBs) attracted 1.49 times subscription.

The ₹712.13 crore initial share sale consists entirely of an offer for sale of 2.63 crore shares by promoters Harish Narshi Dharamshi and Kusum Harish Dharamshi. The price band has been set at ₹258 to ₹271 per share.

Since there is no fresh issue component, the company will not get any proceeds from the issue. The money 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.

Mumbai-based HD Fire Protect is a manufacturer and supplier of fire protection equipment and systems, offering water-, foam- and gas-based fire suppression solutions.

HD Fire Protect IPO: Allotment and listing date

HD Fire Protect IPO allotment is expected to be finalised on Friday, October 16. The listing on the stock exchanges would occur on October 21.

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How to check HD Fire Protect IPO allotment on NSE

Steps to check HD Fire Protect IPO allotment status on MUFG Intime India

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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