HD Fire Protect IPO Allotment Today: Subscribed 131x, 30% Listing Gain Likely; Here's How to Check Your Status

The HD Fire Protect IPO allotment status will be released today, on October 16, after receiving an overwhelming response from investors. The Rs. 712.13 crore public issue by HD Fire Protect Ltd. was subscribed 131.73 times, with massive demand across retail, HNI, and institutional investor categories.

With the HD Fire Protect IPO GMP hovering around Rs.82, market experts are predicting a 30.26% listing gain when the stock debuts on October 21.

HD Fire Protect IPO Subscription Status

The HD Fire Protect IPO subscription by the end of the last day of bidding on October 15 was 131.73 times overall. While the retail investors subscribed to the issue 30.55 times. Whereas the Qualified Institutional Buyers subscribed 256.65 times and the NII subscribed 203.21 times.

HD Fire Protect IPO GMP Today

According to the Investorgain website, the HD Fire Protect IPO GMP today is Rs. 82 as of October 16. This means that investors can enjoy a listing gain of 30.26% over the issue price, which is Rs. 271. The HD Fire Protect IPO could list at Rs. 353 per share as per the early estimate.

HD Fire Protect IPO Allotment Status: How to Check Online

There are various methods to check whether you got the shares or not. Here's how you can check HD Fire Protect IPO allotment status online through different platforms:

Checking on the BSE Website

Step 1: Visit https://www.bseindia.com.
Step 2: Click on 'Investors.'
Step 3: Under 'Investor Services,' select 'Status of Issue Application.'
Step 4: Choose 'Equity' as the issue type.
Step 5: Select 'HD Fire Protect' as the IPO name.
Step 6: Enter your PAN number and click Search.

Checking on the NSE website

Step 1: Go to the HD Fire Protect IPO allotment portal: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select 'HD Fire Protect' under Equity & SME IPO.
Step 3: Enter your IPO application number or PAN details.
Step 4: Press Submit to view your allotment status.

Checking On Link Intime (Registrar's Website)

Step 1: Visit https://in.mpms.mufg.com/Initial_Offer/public-issues.html.
Step 2: Choose 'HD Fire Protect' from the dropdown.
Step 3: Enter your PAN/Application Number/DP ID.
Step 4: Click Submit to check status.

HD Fire Protect IPO Details

The HD Fire Protect IPO is a major public issue with a total size of Rs. 712.13 crore, consisting entirely of an offer for sale (OFS) of 2.63 crore equity shares. The price band for the HD Fire Protect IPO is Rs. 258 to Rs. 271 per share, and investors had to bid in lots of 55 shares. For employees, the IPO included a special benefit in the form of a Rs. 25 per share discount.

The HD Fire Protect IPO bidding window was open from October 13 to October 15, and the HD Fire Protect IPO allotment will be finalised today. The company is expected to be listed on the BSE & NSE on October 21.