The HD Fire Protect IPO was subscribed 16.51 times overall on the second day of bidding, according to subscription data recorded at 5:04 PM on October 14, 2026. The non-institutional investor (NII) category led demand with 48.71 times subscription, while retail investors subscribed 11.36 times. The qualified institutional buyer (QIB) category, excluding anchor investors, was subscribed 1.49 times. The Rs 712.13 crore offer-for-sale (OFS) issue opened on October 13 and is scheduled to close on October 15, 2026. The price band is Rs 258 to Rs 271 per share, with a lot size of 55 shares. At the upper price band, the minimum retail investment is Rs 14,905.


HD Fire Protect IPO is a Rs 712.13 crore offer-for-sale issue comprising 2,62,84,500 shares. As the offering is entirely an OFS, the shares are being sold by existing shareholders rather than issued as fresh capital by the company. The IPO opened on October 13 and will close on October 15, 2026. The price band is Rs 258 to Rs 271 per share, and the lot size is 55 shares. Retail investors can apply for a minimum of one lot, requiring Rs 14,905 at the upper price band. 

The issue includes an employee reservation of up to 71,138 shares, with a discount of Rs 25 per share to the issue price. Ambit Pvt. Ltd. is the book-running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar to the issue. HD Fire Protect is scheduled to list on both the BSE and NSE, with October 21, 2026, set as the tentative listing date.