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News Details

( As on 07/10/2026 15:40)

HD Fire Protect announces launch of initial public offering

HD Fire Protect Ltd. has announced public offering of 26284501 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 266.00 per share. The gross proceeds of the issue are expected to be Rs 71,231.00 lakhs.

The company's initial public offer (IPO) will open on 13 October 2026 and is expected to close on 15 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 258.00-271.00 per share.

The IPO includes a fresh Issue of 26284501 Equity Shares of the Company at an price of Rs 271.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 55 shares with bids in multiples of 55.

HD Fire Protect Ltd. anticipates using the proceeds of the issue for .

Ambit Private Limited,ANAND RATHI ADVISORS LTD,IIFL Capital Services Limited as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.