HD Fire Protect IPO Listing: Shares Debut at 23.62% Premium on NSE and BSE, Check Share Price
- October 21, 2026
- Posted by: Ankit Jaiswal
- Category: News
HD Fire Protect lists at Rs 335 on NSE, up 23.62%. Issue price Rs 271. Subscribed about 131 times. Issue size Rs 712 Cr.
Quick Answer
The HD Fire Protect IPO listing today saw the stock debut at Rs 335 on the NSE, a 23.62 percent premium over the Rs 271 issue price, while the BSE listing came in at Rs 334.40. Anyone checking the HD Fire Protect share price today will find a strong listing gain of Rs 64 per share for a fire protection equipment maker whose IPO was subscribed about 131 times.
HD Fire Protect IPO Listing Today: The IPO closed subscription on 15 October 2026 with demand of roughly 131 times the shares on offer. Here is a recap of the offer, the terms of the HD Fire Protect IPO listing, and how the stock traded once it opened on 21 October.
Click Here – Get Free Investment Predictions
HD Fire Protect IPO Listing: Issue Details
HD Fire Protect Limited raised about Rs 712 crore through a book built issue of 2,62,84,500 shares in a price band of Rs 258 to Rs 271 per share. The entire issue was an offer for sale by promoters, so the company received no proceeds. The shares listed on both the NSE and BSE on 21 October 2026. Bidding ran from 13 to 15 October 2026.
| Particular | Detail |
|---|---|
| Allotment Date | 16 October 2026 |
| IPO Open Date | 13 October 2026 |
| IPO Close Date | 15 October 2026 |
| Refund Initiation | 19 October 2026 |
| Issue Size | Rs 712 crore (2,62,84,500 shares, 100% offer for sale) |
| Lot Size | 55 shares (minimum retail application Rs 14,905) |
| Price Band | Rs 258 to Rs 271 per share |
| Issue Type | Book Built Issue |
| Lead Managers | Ambit, Anand Rathi Advisors and IIFL Capital Services |
| Registrar | MUFG Intime India Private Limited |
| Listing At | NSE and BSE |
| Listing Date | 21 October 2026 |
Check Live Stock Data on the Univest Screener
HD Fire Protect IPO Listing Price and Performance
Shares of the HD Fire Protect IPO listing opened at Rs 335 on the NSE, a gain of Rs 64, or 23.62 percent, over the Rs 271 issue price, and at Rs 334.40 on the BSE. A retail investor applying for one lot of 55 shares had put in Rs 14,905, so the paper gain at the NSE listing price works out to about Rs 3,520 per lot. For the smallest HNI application of 14 lots, or 770 shares, the gain is about Rs 49,280. The strong debut matched the heavy institutional demand in the book.
About the HD Fire Protect IPO
HD Fire Protect Limited, incorporated in 1997, makes fire protection equipment and systems such as sprinklers, alarm and deluge valves, and foam and gas suppression systems. It runs two plants in Jalgaon and Thane in Maharashtra, exports to more than 90 countries and served 2,066 customers in FY26. Promoters are Harish Narshi Dharamshi, Kusum Harish Dharamshi, Miheer Sadanand Ghotikar, Parika Miheer Ghotikar and Anik Narendra Dharamshi, and they sold shares in the offer. Investors weighing the HD Fire Protect IPO listing should note that the issue valued the company at a post issue P/E of about 50 times.
Download the Univest iOS App or Univest Android App to track HD Fire Protect live share price after the HD Fire Protect IPO listing and get daily stock recommendations.
HD Fire Protect Financials
Here is how the company has performed financially, useful context for anyone checking the HD Fire Protect share price today after the HD Fire Protect IPO listing.
| Year Ended | 31 Mar 2026 (Rs cr.) | 31 Mar 2025 (Rs cr.) | 31 Mar 2024 (Rs cr.) |
|---|---|---|---|
| Total Income | 505.12 | 450.68 | 392.02 |
| EBITDA | 150.46 | 138.01 | 106.63 |
| Profit After Tax | 116.79 | 109.72 | 87.92 |
Explanation
Total income rose about 12 percent in FY26 to Rs 505.12 crore, and profit after tax grew about 6 percent to Rs 116.79 crore, a PAT margin of about 23 percent on total income. Growth slowed in FY26 and, with a 100 percent offer for sale and a rich valuation, the listing gain after the HD Fire Protect IPO listing reflects strong demand more than faster earnings.
Grey market premium (GMP) is an unofficial, unregulated indicator for the HD Fire Protect IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data around the HD Fire Protect IPO listing can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What was the HD Fire Protect IPO listing price?
Ans. HD Fire Protect shares listed at Rs 335 on the NSE, a 23.62 percent premium over the Rs 271 issue price, and at Rs 334.40 on the BSE.
Was the HD Fire Protect IPO listing a premium or a discount?
Ans. It was a strong premium listing, with the stock opening Rs 64 above the issue price on the NSE.
How much was the HD Fire Protect IPO subscribed?
Ans. The IPO was subscribed about 131 times overall by the close of bidding on 15 October 2026, with the QIB portion at about 257 times and retail at about 31 times.
What is the issue price of the HD Fire Protect IPO?
Ans. The price band was Rs 258 to Rs 271 per share, and the issue price was fixed at the upper end, Rs 271.
What is the lot size of the HD Fire Protect IPO?
Ans. The lot size was 55 shares, and a retail investor needed Rs 14,905 for one lot at the upper end of the band.
Who is the registrar for the HD Fire Protect IPO?
Ans. MUFG Intime India Private Limited is the registrar.
What does HD Fire Protect do?
Ans. HD Fire Protect manufactures fire protection equipment and systems, including sprinklers, valves and foam and gas suppression systems.
Where can I check the HD Fire Protect share price today?
Ans. You can check the HD Fire Protect share price today on the NSE and BSE platform, or through the Univest platform.
Should I hold shares after the HD Fire Protect IPO listing?
Ans. That depends on your own risk appetite and time horizon. Worth weighing the slowing profit growth and the valuation of about 50 times post issue earnings against the listing gain before deciding whether to hold or book profit after the HD Fire Protect IPO listing.
