ListedMainboardHDFIRE

HD Fire Protect IPO

HD Fire Protect IPO is a mainboard IPO raising ₹712 Cr at ₹258 – ₹271 a share. It listed on 21 Oct 2026 at ₹335, +23.6% against its issue price of ₹271, and trades at ₹281 today (+3.6% since issue). It was subscribed 132× in total.

₹271
Issue price
₹281
Price now
+3.6%
Since issue price
21 Oct 2026
Listed on
132×Subscribed (final) · all exchanges

131.7 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
52,42,6721,34,55,42,605257×
Foreign Institutional Investorsno separate quota24,35,85,650n/a
Domestic Financial Institutionsno separate quota63,77,95,125n/a
Mutual fundsno separate quota6,98,29,045n/a
Othersno separate quota39,43,32,785n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
39,32,00579,90,03,480203×
Non Institutional Investors26,21,33761,90,76,590236×
Corporatesno separate quota47,36,160n/a
Individualsno separate quota59,26,34,075n/a
Othersno separate quota2,17,06,355n/a
Non Institutional Investors13,10,66817,99,26,890137×
Corporatesno separate quota3,19,715n/a
Individualsno separate quota17,43,89,325n/a
Othersno separate quota52,17,850n/a
Retail
Ordinary investors bidding up to ₹2 lakh
91,74,67727,97,75,37530×
Cut Offno separate quota24,37,40,805n/a
Price bidsno separate quota3,60,34,570n/a
Employees71,13816,79,81024×
Cut Offno separate quota13,25,060n/a
Price Bidsno separate quota3,54,750n/a
Total1,84,20,4922,42,60,01,270132×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 16 Oct, 12:31 pm IST.

Where the bids landed

Demand barely changes across the price band — bidders were not price-sensitive. 10% of the book was bid at cut-off — investors who accept whatever price is set.

₹258242.94 Cr
₹259242.91 Cr
₹260242.91 Cr
₹261242.91 Cr
₹262242.90 Cr
₹263242.90 Cr
₹264242.90 Cr
₹265242.90 Cr
₹266242.90 Cr
₹267242.90 Cr
₹268242.89 Cr
₹269242.89 Cr
₹270242.88 Cr
₹271242.86 Cr
Cut-off24.54 Cr

Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.

How demand built

Our own series — the exchanges publish a running total and never a history.26 readings held.

13 Oct, 10:57 am0.00×
13 Oct, 11:39 am1.13×
13 Oct, 12:39 pm1.71×
13 Oct, 01:39 pm1.56×
13 Oct, 02:39 pm3.30×
13 Oct, 03:39 pm3.92×
13 Oct, 04:39 pm4.43×
13 Oct, 05:13 pm4.61×
13 Oct, 06:13 pm4.64×
14 Oct, 10:15 am4.77×
14 Oct, 11:15 am7.36×
14 Oct, 12:15 pm8.70×
14 Oct, 01:15 pm11×
14 Oct, 02:15 pm12×
14 Oct, 03:15 pm14×
14 Oct, 04:15 pm15×
14 Oct, 05:15 pm16×
14 Oct, 06:15 pm17×
15 Oct, 10:15 am17×
15 Oct, 11:15 am27×
15 Oct, 12:15 pm33×
15 Oct, 01:15 pm39×
15 Oct, 02:15 pm33×
15 Oct, 03:15 pm59×
15 Oct, 04:15 pm131×
15 Oct, 05:15 pm131×

Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.