Investors who subscribed to the HD Fire Protect IPO are awaiting the allotment status, with the company expected to finalise the basis of allotment today. The Rs 712.31-crore public issue witnessed strong demand, attracting an overall subscription of 131.70 times.
Investor interest remains high ahead of the company's stock market debut, with the IPO commanding a grey market premium (GMP) of around 30%. This indicates expectations of potential listing gains, although grey market trends are unofficial and may change before listing.