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HD Fire Protect IPO Allotment Finalised Today With GMP Surging At 30 Percent
M
Moneycontrol•16-10-2026, 09:49
HD Fire Protect IPO Allotment Finalised Today With GMP Surging At 30 Percent
- •The allotment of shares for HD Fire Protect's initial public offering is set to be finalised following an overwhelming response with bids exceeding 131 times the shares offered.
- •Investors can check their allotment status online via the official BSE, NSE websites or the registrar MUFG Intime India portal.
- •The grey market premium for HD Fire Protect shares stands at Rs 82, indicating an estimated listing price of Rs 353 which is a potential 30 percent premium.
- •Refunds for unsuccessful applicants and the credit of shares to successful bidders are scheduled for October 19, with a stock exchange listing expected on October 21.
- •The Rs 712.13-crore public issue was entirely an offer for sale by existing promoters and shareholders, with strong demand led by Qualified Institutional Buyers.
Key Questions Answered
Investors can check their HD Fire Protect IPO share allotment status online through the official websites of the BSE and NSE or via the registrar website, MUFG Intime India, using their PAN, application number, or client ID.
The shares of HD Fire Protect are expected to list on the BSE and NSE on October 21, 2026. The grey market premium (GMP) was recorded at Rs 82, indicating an estimated listing price of Rs 353 and a potential premium of about 30 percent.
The Rs 712.13-crore initial public offering is entirely an offer for sale (OFS) of 2,62,84,500 equity shares by promoters, meaning the company will not receive any proceeds from the issue. The price band was set between Rs 258 and Rs 271 per share with a lot size of 55 shares.
