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The Economic Times
The Economic Times
Business
Ritesh Presswala

HD Fire Protect IPO allotment likely today; GMP at 30%. Here's how to check status

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.

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