The HD Fire Protect IPO began on 13-October-2026. It will close on 15-October-2026. The Total IPO Size is 712 Crores. The company set its IPO price at Rs 271 per share.
There are three basic categories in HD Fire Protect IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
HD Fire Protect are an Indian manufacturer and supplier of fire protection equipment and systems, offering a comprehensive portfolio spanning water, foam, and gas-based fire suppression systems, which are also generally known as fire fighting products.
They develop majority of their products in-house with proprietary designs to meet national and international standards, serving highhazard industrial applications as well as residential and commercial sectors.
They were the second-largest manufacturer of fire protection equipment and systems in India in terms of operating income (revenue from operations) in Fiscal 2025 and the largest exporter by value (equipment) in Fiscal 2025.
They have export sales in 49 countries as of the three months period ended June 30, 2026 and more than 90 countries as of Fiscal 2026.
They offerings are spread across 8 product categories, namely – (a) sprinklers, alarm valves and accessories, (b) deluge valves, deluge skids and pre-action systems, (c) foam equipment and suppression systems, (d) monitors and monitor nozzles, (e) systems valves and accessories, (f) water spray nozzles, (g) custom engineered systems, and (h) gas suppression systems, covering a wide spectrum of (a) industrial end use in sectors such as industrials, heavy engineering, aerospace, oil & gas, refining and petrochemicals, power & energy, pharmaceuticals, data centres, warehousing amongst others; and (b) residential and commercial end use in sectors such as hospitality, healthcare, retail, education, banking and warehousing.
HD Fire Protect IPO Promoters
Harish Narshi Dharamshi, Kusum Harish Dharamshi, Miheer Sadanand Ghotikar, Parika Miheer Ghotikar and Anik Narendra Dharamshi are the promoters of the company.
HD Fire Protect IPO Date, Details & Price Band
The HD Fire Protect IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
| IPO Opening Dates | 13-October-2026 |
| IPO Closing Dates | 15-October-2026 |
| Price | 258-271 Rs |
| Fresh Issue | NIL |
| Offer for sale | 712 Crores |
| Total IPO size | 712 Crores |
| Face Value | 5 INR per share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Pre IPO Market Cap | 4,748.73 Cr (on Upper Price) |
HD Fire Protect IPO Market Lot
The HD Fire Protect IPO minimum market lot is 55 shares, with a ₹15,000 application amount.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 55 | ₹14,905 |
| Retail Maximum | 13 | 715 | ₹1,93,765 |
| S-HNI Minimum | 14 | 770 | ₹2,08,670 |
| S-HNI Maximum | 67 | 3685 | ₹9,98,635 |
| B-HNI Minimum | 68 | 3740 | ₹10,13,540 |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-26 | 432.03 | 505.12 | 505.12 |
| 31-Mar-25 | 450.08 | 450.68 | 109.72 |
| 31-Mar-24 | 392.63 | 392.02 | 87.92 |
HD Fire Protect IPO GMP & Grey Market Premium
The HD Fire Protect IPO GMP (Grey Market Premium) has started today. Check the Latest HD Fire Protect IPO GMP, Kostak Rates, and Subject to Sauda Price here.
HD Fire Protect IPO Prospectus
The HD Fire Protect IPO Prospectus is Available on the HD Fire Protect/BSE and SEBI websites, as well as on our Portal. Please click here to download the HD Fire Protect IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investors List | Download |
HD Fire Protect IPO Allotment Date & Details
| Allotment Date | 16-October-2026 |
| Initiation of refunds | 19-October-2026 |
| Transfer of shares to Demat accounts | 19-October-2026 |
| Listing Date | 20-October-2026 |
| Check Allotment Status | Click here |
HD Fire Protect IPO Registrar
MUFG Intime India Private Limited
(Formerly Link Intime India Private
Limited)
C-101, Embassy 247,
LBS Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Tel: +91 81081 14949
E-mail: hdfire.ipo@in.mpms.mufg.com
Website: www.in.mpms.mufg.com
Investor grievance e-mail:
hdfire.ipo@in.mpms.mufg.com
Contact person: Shanti Gopalkrishnan
SEBI registration no.: INR000004058
HD Fire Protect IPO Contact Address
HD Fire Protect Ltd
Address : O-611
6th Floor, Runwal R Square
Opp. Veena Nagar, L. B. S. Marg, Mulund West
Mumbai, Maharashtra, 400080
+91 22 35287000
investors@hdfire.com
HD Fire Protect IPO Lead Managers
IIFL Capital Services Limited
(formerly IIFL Securities Limited)
24th Floor, One Lodha Place,
Senapati Bapat Marg, Lower Parel (W).
Mumbai – 400 013, India
Telephone: +91 (22) 4646 4728
Email: hdfire.ipo@iiflcap.com
Website: www.iiflcapital.com
Investor grievance E-mail: ig.ib@iiflcap.com
Contact person: Vikranth Settipalli / Pawan Kumar Jain
SEBI registration no.: INM000010940
Anand Rathi Advisors Limited
11th floor, Times Tower,
Kamala City, Senapati Bapat Marg,
Lower Parel West, Mumbai – 400013,
Maharashtra, India
Telephone: +91 (22) 4047 7000
Email: hdfpl.ipo@rathi.com
Website: www.anandrathiib.com
Investor grievance E-mail: grievance.ecm@rathi.com
Contact person: Shivani Tapadia / Suhani Bafna
SEBI registration no.: INM000010478
Ambit Private Limited
Ambit House,
449, Senapati Bapat Marg,
Lower Parel,
Mumbai – 400013
Maharashtra, India
Telephone: +91 (22) 6623 3030
Email: hdfire.ipo@ambit.co
Website: www.ambit.co
Investor grievance E-mail: customerservicemb@ambit.co
Contact person: Anmol Modi/ Nitya Chandak
SEBI registration no.: INM000010585