
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
Offer start
13 Oct 2026
Offer end
15 Oct 2026
Allotment
16 Oct 2026
Refund initiation
19 Oct 2026
Demat transfer
19 Oct 2026
Listing
21 Oct 2026
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
| Particular | Pre-IPO | Post-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
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted 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 |