{"id":305066,"date":"2026-10-13T12:10:49","date_gmt":"2026-10-13T06:40:49","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=305066"},"modified":"2026-10-13T12:10:49","modified_gmt":"2026-10-13T06:40:49","slug":"hd-fire-initial-public-offering-review-niche-business-with-a-demanding-price-tag-price-band-258-271-valuation-offer-for-sale-anchor-investors","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hd-fire-initial-public-offering-review-niche-business-with-a-demanding-price-tag-price-band-258-271-valuation-offer-for-sale-anchor-investors\/","title":{"rendered":"HD Fire IPO: A Niche Business With a Demanding Price Tag? Price Band, Valuation, Offer for Sale, Financials, Anchor Investors and Risks Explained"},"content":{"rendered":"

HD Fire IPO: 13 to 15 Oct 2026, price band Rs 258 to Rs 271, lot 55 shares, 100% offer for sale of Rs 712.31 crore. Market cap about Rs 4,748.73 crore, about 40.7x FY26 profit of Rs 116.79 crore. Anchor investors put in Rs 213.11 crore. Listing 21 Oct.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

HD Fire IPO opens on 13 October and closes on 15 October 2026 at a price band of Rs 258 to Rs 271, a 100% offer for sale of Rs 712.31 crore that values the company at about Rs 4,748.73 crore, or about 40.7 times FY26 profit. The business is a niche maker of fire suppression equipment with no debt, a 30.17% return on equity and 34.69% of revenue from exports, but FY26 profit grew only 6.4% and the Q1 FY27 EBITDA margin was 27.26% against 30.75% in FY26. The valuation is below the median of loosely comparable listed peers at 51.39 times, yet none of those peers is a pure fire protection company, and the promoters take all of the proceeds. Eight brokerages say Subscribe in one report and anchor investors put in Rs 213.11 crore, but check whether the price tag fits your horizon.<\/p>\n<\/p><\/div>\n

HD Fire IPO is the Mumbai-based fire protection equipment maker’s issue that opens today, and the Mint Premium headline asks whether a niche business comes with a demanding price tag. The answer depends on how you value a profitable, debt-free exporter whose profit growth has slowed.<\/p>\n

This guide covers the HD Fire IPO dates and price band, what the company does, its financials, valuation against peers, the promoter payouts before the issue, the anchor investors and the risks.<\/p>\n

The company, HD Fire Protect, was incorporated in 1997 and sells water, foam and gas based fire suppression systems to industrial and infrastructure customers.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/p>\n

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