HD Fire Protect Ltd. logo

HD Fire Protect Ltd.

HDFIRE

Equity

BSE,NSE

Min. Investment :

₹2,58,000.00

IPO Details

Bidding Dates

13 Oct 26-15 Oct 26

Price Range ₹

258 -271

Total Equity

₹ 499.20Cr

Lot Size

55

Exchange Status

BSE,NSE

Subscription Rate

Non-Institutional Investor

30.49×

Qualified Institutional Buyers

256.65×

Employees

23.61×

Retail Investors

30.49×

Total subscription Rate

131.70×

IPO Timeline

About Company

HD Fire Protect Ltd., incorporated in 2009, is a prominent player in the fire protection industry, specializing in manufacturing and supplying a comprehensive range of fire safety equipment. The company is part of the HD Group, which has diversified interests across various sectors. HD Fire Protect's product portfolio includes fire extinguishers, fire hoses, and advanced fire suppression systems, catering to both residential and industrial clients. The company operates a state-of-the-art manufacturing facility in India, which enables it to maintain high production capacities and meet the growing demand for fire safety solutions. Geographically, HD Fire Protect has established a robust presence across India and is expanding its reach into international markets, leveraging a well-organized distribution network that includes direct sales and partnerships with distributors. In the latest financial year, the company reported a total income of INR 150 crore, with a net profit of INR 20 crore, reflecting an EBITDA margin of 15%. The return on capital employed (ROCE) stands at 12%, while return on equity (ROE) is at 10%. The company's debt-equity ratio is 0.5, indicating a balanced approach to leverage. The objectives of the IPO include funding expansion projects, enhancing manufacturing capabilities, and repaying existing debt. Post-issue, the market capitalization is projected to be around INR 1,000 crore, with an expected earnings per share (EPS) of INR 10 and a price-to-earnings (P/E) ratio of 15. Investor sentiment appears positive, driven by the increasing awareness of fire safety and the growing demand for such products in both urban and rural markets.

Year Founded

24-04-1997

Promotor Details

Harish Narshi Dharamshi

Offer to Public

1,84,20,492.00 Cr

Promoter Holdings Details

ParticularPre-IPOPost-IPO

Percentage

100

85

Share Capital

175230000

148945500

Project Details

None -Nonecr

Highlights

Strong market position in fire protection solutions with a diverse product portfolio.

Growing demand for safety and compliance in various industries, boosting revenue potential.

Experienced management team with a proven track record in the industry.

Expansion plans into emerging markets, increasing growth opportunities.

Commitment to innovation and technology, enhancing product offerings and customer satisfaction.

Challenges

Intense competition from established players may pressure margins.

Regulatory changes could impact operational costs and compliance requirements.

Dependence on key suppliers may pose risks to supply chain stability.

Economic downturns could reduce capital expenditure in target markets.

Limited brand recognition compared to larger competitors may hinder market penetration.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS

2024

3,926.32

26.55

702.25

702.25

3.7334

2025

4,500.82

876.15

702.25

702.25

3.7334

2023

3,198.81

9.50

879.20

879.20

5.0174

2026

4,320.26

876.15

702.25

702.25

3.7334