Source: Moneycontrol
Introduction:
HD Fire Protect, a Mumbai-based company specializing in fire protection equipment and systems, has announced its initial public offering (IPO) for public investment. The company's financial performance for the fiscal year ended March 2026 shows a 6.4% increase in profit and a 13% increase in revenue.
Body:
HD Fire Protect Limited, a prominent player in the Indian fire protection market, has initiated its IPO process. The company's financial results for the three-month period ending June 2026 indicate a profit of Rs 23.8 crore and revenue of Rs 109 crore.
The company, led by CEO Harish Narsimhan and CFO Kusum Dharamshi, has appointed merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services to manage its IPO process.
The IPO is expected to open for public subscription on October 13 and close on October 15. The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
The company's IPO aims to raise Rs 712 crore, which is 65% of its net worth.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
The company aims to raise Rs 712 crore, which is 65% of its net worth.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India.
The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors, and IIFL Capital Services.
The IPO is expected to open for public subscription on October 13 and close on October 15.
The company's IPO will be priced at the upper end of the price band, which is Rs 258-271 per share.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The company's financial results for the fiscal year ended March 2026 show a 6.4% increase in profit and a 13% increase in revenue.
HD Fire Protect Limited, a Mumbai-based company, is set to launch its IPO, or initial public offering, in India. The IPO is being managed by merchant bankers Ambit, Anand Rathi Advisors