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HD Fire Protect IPO Set to Open on October 13 with Pure Promoter OFS
M
Moneycontrol•06-10-2026, 16:37
HD Fire Protect IPO Set to Open on October 13 with Pure Promoter OFS
- •Mumbai-based HD Fire Protect will open its IPO for public subscription on October 13 and close on October 15, with the anchor book launching on October 12.
- •The public issue is entirely an offer for sale (OFS) of 2.62 crore equity shares by promoters Harish Narshi Dharamshi and his wife Kusum Dharamshi.
- •The company will not receive any proceeds from the IPO as all funds will go directly to the selling shareholders.
- •HD Fire Protect has reserved shares worth Rs 1.75 crore for its employees and plans to list its shares on BSE and NSE by October 21.
- •For the fiscal year ended March 2026, the company reported a revenue of Rs 489.3 crore and a net profit of Rs 116.8 crore.
Key Questions Answered
The HD Fire Protect initial public offering will open for public subscription on October 13 and close on October 15, with the anchor book opening on October 12.
The initial public offering comprises entirely an offer for sale of 2.62 crore equity shares by promoters Harish Narshi Dharamshi and his wife Kusum Dharamshi.
Trading in HD Fire Protect shares on the BSE and NSE is expected to commence on October 21, following the share allotment finalization by October 16.
