Stories
HD Fire Protect IPO Price Band Set At ₹258-271, Opens October 13
C
CNBC TV18•07-10-2026, 07:22
HD Fire Protect IPO Price Band Set At ₹258-271, Opens October 13
- •The price band for the initial public offering of HD Fire Protect has been fixed at ₹258 to ₹271 per equity share.
- •The public subscription opens on October 13 and closes on October 15, with anchor investors bidding on October 12.
- •The ₹712.13 crore issue is entirely an offer for sale of 2.62 crore equity shares by promoters Harish Narshi Dharamshi and Kusum Dharamshi.
- •Investors can bid for a minimum of 55 shares and in multiples thereof, with 50% reserved for QIBs, 15% for NIIs, and 35% for retail investors.
- •Share allotment is expected on October 16, and the shares are slated to list on BSE and NSE on October 21.
Key Questions Answered
The price band for the HD Fire Protect IPO has been fixed at ₹258 to ₹271 per equity share. At the upper end of this price band, the company aims to raise a total of ₹712.13 crore.
The IPO opens for public subscription on October 13 and closes on October 15, with anchor investor bidding starting on October 12. The share allotment is expected to be finalized on October 16, and the shares are scheduled to list on the BSE and NSE on October 21.
Of the total shares on offer, 50% is reserved for qualified institutional buyers, 15% is allocated for non-institutional investors, and the remaining 35% is designated for retail investors.
