SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
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HD Fire Protect IPO

HDFIRE · BSE,NSE

ClosedMainboard

IPO Opportunity Score

72/100

Good Opportunity

Apply?

Apply

Risk

Low

Est. listing gain

20–31%

Retail allotment odds

0.8%

HNI allotment odds

1.2%

Based on current GMP and subscription demand, retail investors may consider applying for listing gains. Review fundamentals and valuation before committing capital.

Retail and HNI allotment odds are illustrative (often using total subscription as a proxy when category-wise data is unavailable).

🔴 Subscription heat: Extremely High Interest

Price band

₹258 – ₹271

GMP

+₹77 (+28.41%)

Est. listing

₹348

Issue size

₹712 Cr

Subscription

131.3x

Min. investment

₹14,905

GMP last updated: 16-Oct 23:37

IPO DNA

A multi-dimensional read instead of a single number. 3 of 8 dimensions can be assessed from the data we receive — the rest are shown as gaps rather than filled with placeholder scores.

Relative strengths

Demand, Listing Setup

Relative weaknesses

None of the measurable dimensions score below 50.

Business Quality

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Growth

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Financial Strength

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Valuation

No data

Valuation multiples and peer comparables are not available from our current data sources.

Demand

95/100

Total subscription of 131.25x across all categories. Category-wise (QIB/NII/Retail) split is not published in our feed, so this is overall demand only.

Listing Setup

85/100

Derived from an unofficial grey-market premium of 28.41%. Last updated 16-Oct 23:37. GMP is unregulated and can reverse quickly.

Governance

No data

Promoter holding, pledge and anchor-investor data are not available from our current data sources.

Liquidity

62/100

Structural read from a ₹712 Cr issue. Mainboard listings usually see broader participation. This reflects issue structure, not observed post-listing volume.

Dimensions are analytical views built from published issue data and unofficial grey-market quotes. They are not a recommendation to apply for or avoid this IPO.

GMP Divergence Check

Cross-checks the unofficial grey-market premium against visible demand and issue structure, so a strong premium is not read in isolation.

No divergence detected

Premium and demand are broadly consistent

Checks we could not run

  • Valuation vs peers — multiples and comparables are not in our data sources.
  • Institutional (QIB) demand quality — category-wise subscription is not published in our feed.
  • Anchor-investor participation — not available from our data sources.

Grey-market premium is unofficial and unregulated. This check describes signal consistency only and is not investment advice.

Information Confidence

How complete and fresh the information behind this page is — kept separate from any view on the IPO itself, so a well-documented issue is never confused with an attractive one.

100%High completeness

Grey-market premium last updated 16-Oct 23:37.

Published (10)

Price band · Lot size · Issue size · Bidding dates · Listing date · Allotment date · Registrar details · RHP document · Company profile · Subscription figures

Awaiting disclosure (0)

Every expected field is available for this issue.

Not collected by this site

  • Company financials — revenue, profit, ROE/ROCE, debt
  • Valuation multiples and peer comparables
  • Category-wise subscription (QIB / NII / Retail / Employee)
  • Anchor investors and promoter holding
  • Fresh issue vs offer-for-sale split

Sources

  • officialExchange / issuer feed (price band, dates, lot size, documents)
  • unofficialGrey-market aggregator (premium only)

Scenario Lab

Test this issue against your own assumptions. Every output here is a scenario you control, not a forecast of what will happen.

₹
₹1₹5,000
15000
150
%
03
%
040

Break-even price

₹274

1.01% above issue price

Capital deployed

₹14,905

55 shares

Costs recovered

₹150

Both legs of the trade

Tax assumption

20%

Applied to gains above break-even

Cost and tax inputs are yours to set — we do not apply a default brokerage plan or assume your tax slab. Confirm actual charges with your broker and tax treatment with a qualified professional. Scenarios are illustrative and not predictions.

About the company

Sector: Capital Goods-Non Electrical EquipmentISIN: INE18AK01028
HD Fire Protect Ltd. is engaged in the design, manufacture, and supply of a wide range of fire protection equipment and integrated fire safety systems. The company caters to industrial, commercial, and institutional clients by providing dependable and internationally certified fire protection solutions. The company focuses on innovation, product development, and adherence to global quality and safety standards. Supported by an extensive distribution network and strong after-sales service capabilities, HD Fire Protect has established a significant presence in both domestic and international markets. HD Fire Protect operates two manufacturing facilities located at Jalgaon MIDC and Thane MIDC in Maharashtra, covering a combined area of approximately 8.50 acres. Its product portfolio includes fire sprinklers, valves, foam-based firefighting equipment, and fire detection systems, enabling comprehensive fire protection solutions across multiple industries. The company serves a diverse range of sectors, including oil & gas, power generation, manufacturing, infrastructure, and other high-risk industrial applications. As of March 31, 2025, it employed 261 permanent employees and 185 contractual employees.

Issue details

Face value₹5
Lot size55
Min. quantity55
Cut-off price₹271
Listing price—
ISININE18AK01028
Bidding hours (IST)10:00 – 17:00

Timeline

Pre-apply starts9 Oct 2026
Bidding opens13 Oct 2026
Bidding closes15 Oct 2026
Allotment starts16 Oct 2026
Allotment date19 Oct 2026
Refund initiation19 Oct 2026
Listing date21 Oct 2026
Mandate end26 Nov 2026

Registrar

MUFG Intime India Private Limited

Contact: Shanti Gopalkrishnan

Phone: +91 810 811 4949

hdfire.ipo@in.mpms.mufg.comVisit registrar website →

IPO data from Upstox; GMP from unofficial grey-market aggregators. GMP is not regulated and does not guarantee listing performance. Scorecard uses GMP + subscription heuristics — not investment advice.

About HD Fire Protect IPO IPO

IPO detail with price band, GMP, scorecard, subscription heat, timeline and registrar links.

How it works

Review the opportunity score and documents (RHP/DRHP), then use allotment or GMP calculators.

Practical tips

Note allotment and listing dates on your calendar before you apply.

Important to know

GMP and scores are informational — not apply advice.

Frequently Asked Questions

What details are shown for HD Fire Protect IPO?
Company summary, price band, timeline, lot size, and grey-market premium (GMP) when the data source provides them.
What is GMP and should I trust it?
GMP is an unofficial grey-market indication of listing sentiment. It can reverse quickly and is not a guarantee of listing gains.
Can I apply for the IPO on EnrichReturns?
No. Apply via ASBA through your bank or broker UPI flow as per the exchange process.
Where should I read official risk disclosures?
Always read the Red Herring Prospectus (RHP) and exchange filings. This page is informational, not investment advice.
How fresh is subscription and GMP data?
Figures depend on upstream feeds and may lag. Confirm live subscription on NSE/BSE and treat GMP as speculative.
Is SME different from mainboard?
Yes. SME IPOs have different lot sizes, eligibility, and liquidity profiles. Check the issue type before applying.