IPO Details
| IPO Date | 13 to 15 Oct, 2026 |
| Listing Date | Wed, Oct 21, 2026 |
| Face Value | ₹ 5 per share |
| Price Band | ₹258 to ₹271 |
| Lot Size | 55 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Employee Discount | ₹ 25.00 |
| Total Issue Size | 2,62,84,500 shares (agg. up to ₹ 712 Cr) |
| Offer for Sale | 2,62,84,500 shares of ₹ 5 (agg. up to ₹ 712 Cr) |
| Share Holding Pre Issue | 17,52,30,000 shares |
| Share Holding Post Issue | 17,52,30,000 shares |
IPO Important Dates
| IPO Open | Tue, Oct 13, 2026 |
| IPO Close | Thu, Oct 15, 2026 |
| Allotment | Fri, Oct 16, 2026 |
| Refund | Mon, Oct 19, 2026 |
| Credit of Shares | Mon, Oct 19, 2026 |
| Listing | Wed, Oct 21, 2026 |
IPO Lot Size
| Retail (Min) | 1 | 55 | ₹14,905 |
| Retail (Max) | 13 | 715 | ₹1,93,765 |
| S-HNI (Min) | 14 | 770 | ₹2,08,670 |
| S-HNI (Max) | 67 | 3685 | ₹9,98,635 |
| B-HNI (Min) | 68 | 3740 | ₹10,13,540 |
Financial Information
| Assets | 477.60 | 432.03 | 450.08 | 392.63 |
| Total Income | 114.07 | 505.12 | 450.68 | 392.02 |
| Profit After Tax | 23.87 | 116.79 | 109.72 | 87.92 |
| EBITDA | 29.73 | 150.46 | 138.01 | 106.63 |
| NET Worth | | 375.93 | 396.01 | 342.19 |
| Reserves and Surplus | 309.93 | 286.07 | 302.59 | 332.19 |
Key Performance Indicator
| ROE | 6.13% |
| ROCE | 8.36% |
| RoNW | 5.97% |
| PAT Margin | 20.92% |
| EBITDA Margin | 27.26% |
| NAV | 22.82 |
| P/B (x) | |
Information about company
Incorporated in April 1997, HD Fire Protect Limited is an Indian manufacturer and supplier of fire protection equipment and systems, offering water, foam and gas-based fire suppression solutions. The Company offers a comprehensive portfolio across eight product categories, including sprinklers, alarm valves and accessories, deluge valves and systems, foam equipment and suppression systems, monitors and nozzles, water spray nozzles, custom-engineered systems and gas suppression systems. Its products cater to industrial, residential and commercial applications, including oil and gas, refining and petrochemicals, power and energy, heavy engineering, aerospace, pharmaceuticals, data centres, hospitality, healthcare and other sectors. The Company develops a majority of its products in-house and focuses on proprietary designs meeting national and international standards.
The Company has over three decades of experience and has established a global presence, with exports to more than 90 countries since inception and 49 countries during the three months ended June 30, 2026. It was the first Indian fire protection equipment manufacturer to receive UL Listing for deluge valves in 1996 and the first Indian manufacturer to receive FM approval for a range of low-expansion foam system products. As of September 2026, it had 21 UL Listed and 87 FM Approved product certifications. The Company operates two manufacturing facilities in Jalgaon and Thane, Maharashtra, covering approximately 8.50 acres, supported by a fire test laboratory and R&D capabilities.
The Company has supplied fire protection equipment and systems to 2,066 customers in Fiscal 2026 and has supplied products for major projects including the Samruddhi Mahamarg, Jamnagar refinery, new Indian Parliament building, Saudi Aramco's Ras Tanura Sea Island site and Oman's Integrated Power & Water Plant Project. Revenue from operations increased from ₹3,729.53 million in Fiscal 2024 to ₹4,892.81 million in Fiscal 2026, representing a CAGR of 14.54%, while its order book stood at ₹1,586.01 million as of June 30, 2026.
As of June 30, 2026, the Company had 279 permanent employees and 253 contractual employees.
Competitive Strengths
Objectives of IPO
The HD Fire Protect Ltd. IPO is a 100% Offer for Sale (OFS), so the company will not receive any funding and the entire IPO proceeds will go to the selling shareholders.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App
Day Wise GMP
| 07-10-2026 | 271 | 80 (29.52%) | 351 |
IPO Reservation
| QIB | Not more than 50% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
