HD Fire Protect IPO Allotment Status: Official Oct 16 Finalization
HD Fire Protect IPO allotment status is being finalized today, October 16, 2026, after an issue that closed with strong demand and a grey market premium pointing to a roughly 30% listing gain.
How to Check HD Fire Protect IPO Allotment Status
You can check your HD Fire Protect IPO allotment status directly through the registrar, MUFG Intime India, or on the NSE and BSE websites using your PAN number or application number.
Shares allotted in this round are expected to be credited to demat accounts by Monday, October 19, 2026, three days after today’s Basis of Allotment finalization. If your allotment doesn’t show up immediately when the registrar’s site first updates, it’s worth checking again a few hours later, since these portals often take time to reflect every applicant’s record the moment finalization completes.
What Was the Final Subscription Status?
Subscription figures for this IPO vary noticeably depending on which source and timestamp you look at, so treat any single number carefully rather than as a final, confirmed total.
Early intraday data on October 15 showed the issue booked around 24 times overall, while a separate tracker reported 16.51x as of Day 2. IndiaInfoline reported that by the time bidding closed, the final overall subscription stood at roughly 131.7 times, with retail investors alone subscribing about 30.49 times their portion. This kind of late subscription surge, where institutional investors bid heavily in the closing hours, is a pattern fairly common to oversubscribed mainboard IPOs, not unique to this one. Our coverage of the Tempsens Instruments IPO GMP saw a similar late-stage subscription jump before its own strong listing.
What Is the Current GMP and Expected Listing Price?
HD Fire Protect’s grey market premium has been reported in the ₹82 to ₹90 range as of October 15-16, 2026, implying a listing gain of roughly 30% to 33% over the ₹271 upper issue price.
That translates to an indicative listing price somewhere between ₹353 and ₹361, though GMP is an unofficial, unregulated number that can still move before the actual listing day. HD Fire Protect is a Mumbai-based fire protection equipment manufacturer, and this entire issue was structured as an offer for sale by its two promoters, meaning the company itself raises no fresh capital from this listing, the full proceeds go to the selling promoters rather than into the business. This article is for informational purposes only and is not investment advice, IPO investments carry real market risk, and the grey market premium itself is an unofficial, unregulated indicator, so always do your own research or consult a registered financial advisor before applying.
What Are the Key Dates Going Forward?
With allotment finalizing today, the next two confirmed dates are share credit to demat accounts by October 19 and listing on both BSE and NSE, most widely reported as October 21, 2026.
One source lists October 20 instead of October 21 for the listing date, so it’s worth a final check on the exchange’s own circular closer to the date rather than locking in either figure as certain. The price band for the issue was ₹258 to ₹271 per share, with a lot size of 55 shares, making the minimum retail investment roughly ₹14,190 at the lower band and ₹14,905 at the upper band, where the issue was ultimately priced. For more IPO and allotment coverage, check out our RentoMojo IPO allotment status report, which walks through the same registrar-based checking process for a different recent listing.
Frequently Asked Questions
Who are the promoters selling shares in the HD Fire Protect IPO?
Harish Narshi Dharamshi and Kusum Harish Dharamshi are the two promoters whose shares make up this entirely offer-for-sale issue.
Does HD Fire Protect receive any money from this IPO?
No, since the entire issue is an offer for sale, all proceeds go to the selling promoters, the company itself raises no fresh capital from this listing.
What valuation is HD Fire Protect seeking through this IPO?
The company is seeking a valuation of around ₹4,750 crore through this listing.
How big was the anchor investor round for this IPO?
The anchor round was held on October 12, 2026, with an anchor allocation size of approximately ₹213.11 crore.
What happens if I don’t get allotted shares?
If shares aren’t allotted, the application amount is typically refunded to your linked bank account within a similar timeframe to when shares get credited for successful applicants, usually by the working day before listing.
