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HD Fire Protect IPO: Shares to list on October 21 with expected strong gains
M
Moneycontrol•19-10-2026, 16:46
HD Fire Protect IPO: Shares to list on October 21 with expected strong gains
- •HD Fire Protect shares are commanding a strong grey market premium of 24 percent ahead of their stock market debut on October 21.
- •The IPO was subscribed 131.70 times overall, driven by massive demand from Qualified Institutional Buyers and Non-Institutional Investors.
- •Market experts expect listing gains of 20 to 30 percent, pointing to the company's strong fundamentals and financial growth.
- •The Rs 712.31-crore offering is entirely an Offer for Sale, meaning the company will not receive any proceeds from the share sale.
Key Questions Answered
HD Fire Protect shares are scheduled to make their stock market debut on the BSE and NSE on October 21, 2026.
The Rs 712.31-crore IPO was subscribed 131.70 times in total, with strong participation across institutional, non-institutional, and retail categories.
No, the public offering is entirely an offer for sale (OFS) by promoters and existing shareholders, meaning the company will not receive any proceeds from the sale.
