Mainboard IPO

HD Fire Protect IPO

Issue details, the company's financials from its prospectus, subscription and key dates, explained in plain English. Data from NSE and the Red Herring Prospectus.

Mainboard Upcoming
Price band
₹258–271
Issue size
₹712.3 cr
Lot size
55 shares
Subscribed
–

About the issue

HD Fire Protect Limited will open for subscription from 13 Oct 2026 to 15 Oct 2026 on the main board of NSE. The issue size is ₹712.3 cr. One lot of 55 shares costs ₹14,905 at the upper end of the price band.

What the numbers show

  • Revenue from operations grew from ₹373.0 cr in FY24 to ₹489.3 cr in FY26, about 15% a year.
  • Profit after tax rose from ₹87.92 cr to ₹116.8 cr, and the profit margin was steady at about 23.9%.
  • Return on net worth improved from 25.6% to 31.0%.
  • The entire issue is an offer for sale: the money goes to the selling shareholders, and the company raises nothing.

These points are calculated from the prospectus and NSE data. They describe the company; they are not a recommendation to apply or not.

Financial performance

Restated financial information from the company's Red Herring Prospectus (section "Other Financial Information" and the financial summary), converted to ₹ crore. Profit margin and debt to equity are calculated by us. Figures for Jun 2026 (3 months) are not annualised.
₹ crore unless statedFY24FY25FY26Jun 2026 (3 months)
Revenue from operations373.0432.8489.3109.1
Total income392.0450.7505.1114.1
EBITDA106.6138.0150.529.73
Profit after tax87.92109.7116.823.87
Profit margin23.6%25.4%23.9%21.9%
Net worth343.4397.2377.1401.0
EPS (diluted)₹5.01₹6.26₹6.66₹1.36
Return on net worth25.6%27.6%31.0%6.0%
NAV per share₹19.49₹22.59₹21.45₹22.82
Revenue and profit after tax, ₹ croreAnnual revenue from operations and profit after tax from the prospectus.0100200300400500FY24FY25FY26
Figure 1. HD Fire Protect: annual revenue and profit after tax (₹ crore).

Valuation at the upper price band

Share count is derived from equity share capital ÷ face value, plus new shares from the fresh issue. Approximate: it ignores any pre-IPO placement or employee reservation discounts.
MeasureValueHow it is calculated
Market capitalisation₹4,749 crShares after the issue × ₹271
P/E (pre-issue EPS)40.7×₹271 ÷ earnings per share of the latest full year, before the new shares
P/E (post-issue)40.7×Market capitalisation ÷ latest full-year profit after tax
Price to book11.84×₹271 ÷ book value per share (latest net worth ÷ shares before the issue)

Subscription

Bidding has not started yet. Subscription figures will appear here once the issue opens.

Frequently asked questions

What is the price band of the HD Fire Protect IPO?

The price band is ₹258–271 per share, for shares with a face value of ₹5.

What is the lot size and minimum investment?

Bids are made in lots of 55 shares, so one lot costs ₹14,905 at the upper end of the price band.

When does the HD Fire Protect IPO open and close?

Bidding opens on 13 Oct 2026 and closes on 15 Oct 2026.

Where can I check the allotment status?

The registrar to the issue is MUFG Intime India Private Limited. Allotment status can be checked on the registrar's website with your PAN or application number, and on the NSE and BSE websites, usually a day or two after the issue closes.

Is this a recommendation to apply?

No. This page summarises public information so you can read the prospectus with the key numbers in mind. Whether to apply depends on your own goals and risk tolerance; consider speaking to a SEBI-registered investment adviser.

Data: NSE (issue details, bids, prices) and the company's Red Herring Prospectus filed with SEBI. Figures are reproduced and converted with care but may contain errors; check the prospectus before making any decision. This page is for information and education only. It is not a recommendation to apply for, buy or sell any security. See our disclaimer.