The initial public offering (IPO) of HD Fire Protect will open for subscription on Tuesday, October 13, 2026, and close on October 15. The IPO's grey market premium (GMP) currently stands at 30%, suggesting the possibility of a listing gain of around 30% over the issue price.
The Rs 712.31-crore HD Fire Protect IPO is entirely an offer for sale (OFS) of 2.63 crore equity shares. As the issue comprises only an OFS, the company will not receive any proceeds from the offering. Instead, the entire amount raised will go to the selling shareholders.
