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HD Fire Protect Shares List with Around 24-26% Premium After 131.7x IPO Subscription

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HD Fire Protect Shares List with Around 24-26% Premium After 131.7x IPO Subscription

Analysed 21 Oct 2026·3 sources analysed·Anand, Gujarat, India·Business
HD Fire Protect Shares List with Around 24-26% Premium After 131.7x IPO SubscriptionPreviousNext

HD Fire Protect's IPO, priced at Rs 271 per share and entirely an offer for sale worth Rs 712 crore, was subscribed 131.7 times across investor categories. The shares debuted on the BSE and NSE on October 21, 2026, listing at a premium of around 24-26% over the issue price, consistent with grey market expectations. The IPO proceeds went to selling shareholders, with no funds raised for the company. The issue attracted strong demand from qualified institutional, non-institutional, and retail investors.

Sentiment
66%
TBN's observations

First-hand measurement across 3 sources

We measured how 3 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (66/100). Lens Score 42/100.

Outlets measured: moneycontrol, businessstandard, economictimes. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 3 sources · Published under editorial oversight by The Balanced News
Analysed 21 Oct 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (66/100)

Sentiment was consistent across outlets (52–75/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

economictimes broke this story on 21 Oct, 03:47 am. Other outlets followed.

21 Oct, 03:47 am3 sources · 61 min21 Oct, 04:49 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
Kalpataru Projects Secures Rs 2,349 Crore Orders, FY27 Inflows Cross Rs 22,000 Crore
Next →
Analysts Maintain Buy Ratings on Bajaj Finance and Piramal Finance Amid Strong Growth
  1. 1
    economictimes21 Oct, 03:47 am
    HD Fire Protect shares to list today; GMP signals 26 listing gain
  2. 2
    businessstandard21 Oct, 04:33 am
    HD Fire Protect lists at 24 premium over IPO price after 132x subscription
  3. 3
    moneycontrol21 Oct, 04:49 am
    HD Fire Protect shares list at 24 premium on BSE, NSE- Moneycontrol.com

Who's involved

Institutions and figures named across source coverage.

Corporate
Ambit Private LimitedIIFL Capital Services LimitedAmbit Capital Private LimitedMUFG Intime India Private LimitedHD Fire Protect LimitedAnand Rathi Advisors Limited

Story context

Category
Business
Location
Anand, Gujarat, India
Sources analysed
3
Last analysed
21 Oct 2026
Key entities
Gross metropolitan productNational Stock Exchange of IndiaGrey marketInitial public offeringHigh-definition televisionBombay Stock ExchangeCroreIndian rupeeIndiaFire protectionShareholderCommon stock