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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the HD Fire Protect Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹258 - ₹271
Per ShareLot Size
55 Shares
Minimum Investment
₹14,190
Issue Size
₹712.31 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
84.99%
Issue Type
Book Building
ISIN
INE18AK01028
We 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. We develop majority of our products in-house with proprietary designs to meet national and international standards, serving high-hazard industrial applications as well as residential and commercial sectors. According to the CRISIL Report on page 203, we 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. We 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. With more than three decades of experience, we have established ourselves as a globally recognized and reliable brand.
Our Company was incorporated as `D.H. Fire Protect Private Limited' as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation dated April 24, 1997, issued by the Registrar of Companies, Maharashtra at Mumbai. Pursuant to a board resolution dated December 15, 2004, and a shareholders' resolution dated March 1, 2005, the name of our Company was changed to `HD Fire Protect Private Limited', and a fresh certificate of incorporation dated April 1, 2005, was issued by the RoC. Subsequently, pursuant to a board resolution dated May 31, 2025 and a shareholders' resolution dated June 6, 2025, our Company was converted into a public limited company and consequently, the name of our Company was changed to `HD Fire Protect Limited' and a fresh certificate of incorporation dated June 19, 2025 was issued by the RoC.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 26,284,500 equity shares of face value of Rs. 5 each ("Equity Shares") of HD Fire Protect Limited ("The Company" or the "Company" or the "Issuer") for cash at a price of Rs. 258-271 per equity share (Including a Securities Premium Of Rs. 253-266 Per Equity Share) (the "Offer Price") aggregating up to Rs. 678.14-712.31 Crore through an offer for sale ("The Offer") of upto 8,983,700 equity shares of face value of Rs. 5 each aggregating up to Rs. 231.78-243.46 Crore by Harish Narshi Dharamshi and up to 17,300,800 equity shares of face value of Rs. 5 each aggregating up to Rs. 446.36-468.86 Crore by Kusum Harish Dharamshi (together, the "Promoter Selling Shareholders", and such offer for sale of equity shares by the promoter selling shareholders, the "Offer For Sale" and such equity shares, the "Offered Shares"). The offer includes a reservation of up to 64,575 equity shares of face value of Rs. 5 each, aggregating up to Rs. 1.75 Crore (Constituting Up To[*]% Of The Post-Offer Paid-Up Equity Share Capital), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. Price Band: Rs. 258 to Rs. 271 per equity share bearing face value of Rs. 5 each. The floor price is 51.60 times of the face value of the equity shares and the cap price is 54.20 times of the face value of the equity shares. Bids can be made for a minimum of 55 equity shares of face value of Rs. 5 each and in multiples of 55 equity shares of face value of Rs. 5 each thereafter. A Discount of Rs. 25 per equity share is being offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.