The initial public offering (IPO) of HD Fire Protect continued to witness strong investor interest across categories, with the issue receiving over 7 times subscription by 10:50 am on October 14, as per the NSE data.
In the grey market, HD Fire Protect shares were commanding a premium of nearly 34 percent on the morning of October 14, according to market tracking platform InvestorGain. Grey market premiums are unofficial indicators of investor sentiment and do not guarantee listing gains.
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HD Fire Protect has fixed a price band of Rs 258–271 per share for the public issue, which will remain open for subscription until October 15.