📰 ET Markets 🟢 BULLISH 🕒 14 Oct 2026, 09:48 AM IST

HD Fire Protect IPO Day 2: GMP signals 34% listing gain; key details inside

⚡ Instant Key Takeaways (TL;DR)

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Core Development: HD Fire Protect IPO Day 2: GMP signals 34% listing gain; key details inside

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Market & Financial Impact: The HD Fire Protect IPO entered its second day of subscription with a grey market premium (GMP) of 34%, suggesting potential listing gains, though GMP is not a reliable guarantee. The Rs 712.31-crore issue was subscribed 4.62 times on Day 1, with the retail portion subscribed 3.78 times. The IPO is entirely an offer for sale (OFS) of 2.63 crore shares, meaning the company will receive no proceeds from the issue.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

The HD Fire Protect IPO entered its second day of subscription with a GMP of 34%.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

HD Fire Protect IPO Day 2: GMP signals 34% listing gain; key details inside

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HD Fire Protect IPO booked over 7x so far on day 2; GMP rises to 34%