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The Economic Times
The Economic Times
Business
Ritesh Presswala

HD Fire Protect IPO Day 3: GMP at 33%, Day 2 subscription soars to 131 times; check key details

HD Fire Protect IPO National Stock Exchange

HD Fire Protect IPO received strong demand from investors, garnering bids for 2,42,59,99,950 shares against 1,84,20,492 shares on offer, resulting in an oversubscription of 131.70 times, according to NSE data.

The issue is commanding a grey market premium of 33%, suggesting expectations of a potential listing gain over its issue price. However, the grey market premium is unofficial and does not guarantee listing performance.

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