The Daily PulseBusiness
HD Fire Protect stock offer hits final day with strong demand
Reported by Imran Qureshi (Staff Writer) · Economic Times - Markets ·
Reported by one source so far
HD Fire Protect has reached the third and final day of its public share subscription on October 15, 2026. The share offering is worth 712.31 crore rupees and is structured entirely as an offer for sale. By the end of the second day, investors had booked 16.50 times the total shares on offer. This strong early interest came mainly from retail buyers and non-institutional investors. The price band for the shares is set between 258 rupees and 271 rupees, while the grey market premium stands at 33 percent.
Context
An initial public offering lets a private company sell its shares to the public for the first time to raise money. The grey market premium is an unofficial indicator of how well a stock might perform when it finally lists on the stock exchange.
More in Business
BusinessUnconfirmed — Reported by one source so farImportant
HDFC AMC Q2 FY27 profit up 4% to ₹749 crore, revenue climbs 14%.
Reported by Rituparna Sen (Section Editor) · Business Standard - Top Stories ·
BusinessVerified — Confirmed by a second source: Business Standard - Top StoriesMajor
India's net direct tax climbs 13% to ₹13.38 lakh crore by mid‑October.
Reported by Rohit Yadav (Staff Writer) · The Hindu - Business ·
BusinessUnconfirmed — Reported by one source so farImportant
Jio Platforms Sets IPO Price Band at 1,065 to 1,119 Rupees for India's Largest Public Issue.
Reported by Ishita Mukherjee (Staff Writer) · Livemint - Markets ·