Hd Fire Protect Limited
Capital Goods & Infrastructure • Total Issue: ₹712 Cr
Category-Wise Subscription Breakdown
Latest snapshot as of Day 3 · Overall 131.70x
Valuation Multiples & Key Ratios
Sector Valuation Anchors & Multiples
Comparing Hd Fire Protect Limited asking multiples against official 10-year historical sector norms for Capital Goods & Infrastructure.
“Robust sovereign capital outlay and multi-year order backlogs support elevated multiples.”
Grey Market Premium (GMP) History
Real-time multi-observation premium trend line and daily price movements.
IPO Timeline & Schedule
MUFG Intime India Private Limited
About Hd Fire Protect Limited
HD Fire Protect is a manufacturer and supplier of comprehensive fire protection equipment and systems, catering to diverse sectors such as industrial, commercial, residential, and infrastructure across India and over 90 countries. The company’s core business involves designing and producing a wide range of products, including water spray nozzles, foam equipment and suppression systems, gas suppression systems, deluge valves, pre-action systems, and custom-engineered solutions. It generates revenue primarily through the sale of these manufactured goods, alongside offering contract manufacturing services for off-the-shelf standard products. The business operates through a multi-tiered sales network comprising direct customers and international distributors, relying on short-term purchase orders. Production is centralized across two manufacturing facilities in Maharashtra. A significant portion of its sales stems from export markets, demonstrating a strong global footprint. The company maintains stringent quality controls, adhering to safety certifications.
Key Business Strengths
- Second-largest Indian fire protection equipment maker in FY25.
- Comprehensive water, foam, and gas suppression portfolio.
- Global presence with exports to over 90 countries.
- Major safety certifications including UL, FM, and CE.
- In-house R&D and dedicated fire-testing facilities.
Key Risks & Challenges
- Product failures can trigger liabilities and brand damage.
- Concentrated manufacturing footprint limited to Maharashtra.
- No long-term supply agreements for raw materials.
- Revenue volatility from lack of long-term customer contracts.
- High dependence on keeping international safety certifications active.
Transparency & Informational Notice
Grey Market Premium (GMP) is unofficial, unregulated market pricing gathered from market participants and brokers. It is provided for educational and observation purposes only and does not represent guaranteed listing price or investment advice.