HD Fire Protect IPO Allotment Today: Check Status in 2 Min

The ₹712.31 crore HD Fire Protect IPO closed with roughly 131.7 times subscription — one of the most oversubscribed issues of the year. Today, Friday 16 October, the basis of allotment is expected to be finalised. If you applied, here is how to check your status in two minutes, what the result means, when your blocked funds come back, and what happens between now and the tentative 21 October listing. One note on timing: allotment is finalised during the day, and the registrar usually uploads results to the online portals in the evening. If your status is not showing in the morning, that is normal — check again later.

Quick Answer

The HD Fire Protect IPO basis of allotment is expected to be finalised today, 16 October 2026. Check your allotment status on the MUFG Intime registrar portal, the BSE website, or the NSE website using your PAN, application number, or DP/Client ID. Refunds are expected from 19 October; shares are tentatively set to list on 21 October.

How to check on the MUFG Intime portal (usually fastest)

1. Go to the registrar's IPO status page: in.mpms.mufg.com/Initial_Offer/public-issues.html 2. In the company dropdown, select **HD Fire Protect Limited** (it appears only after the basis of allotment is uploaded). 3. Choose your search method: **PAN**, **Application Number**, or **DP/Client ID**. 4. Enter the details and submit. Your allotted quantity shows on screen — or zero if you were not allotted.

How to check on the BSE website

1. Go to the BSE IPO allotment page: bseindia.com/investors/appli_check.aspx 2. Under "Issue Type", select **Equity**, then pick **HD Fire Protect Limited** from the Issue Name list. 3. Enter your **Application Number** and **PAN**, complete the captcha, and click Search.

How to check on the NSE website

1. Go to the NSE IPO bid-verification page: nseindia.com/invest/check-trades-bids-verify-ipo-bids 2. Select **Equity**, then choose **HD Fire Protect Limited**. 3. Enter your **PAN** or **Application Number**, complete the verification, and submit. All three are free and official. Never pay anyone to check your allotment, and never share an OTP with a stranger "confirming" it — checking requires no OTP.

What your allotment status actually means

- **Shares allotted:** you are on the shareholder list. Shares are expected to be credited to your demat account on 19 October, ahead of the tentative 21 October listing. Only the amount for allotted shares is debited; the rest of your blocked money is released. - **Partial allotment:** mainly applies to NII (HNI) applications, where allotment is proportionate rather than by lottery. You get some shares; the balance is unblocked. - **Not allotted:** nothing leaves your account. The full blocked amount is released once refund initiation begins, expected from 19 October. For retail investors, allotment in an issue this oversubscribed is by lottery for valid cut-off-price applications. Which brings us to the odds.

The 131× odds, explained in plain language

The issue drew bids for about 242.6 crore shares against 1.84 crore on offer — roughly 131.7×. Approximately: - **Retail (RII):** around 30.5×. The retail quota holds 91,74,677 shares — roughly 1,66,800 lots of 55 shares. So, very approximately, one in every 31 valid retail applicants gets one lot. Applying for multiple lots did not improve the odds of getting at least one lot; it only changed the mechanics of the draw. - **NII (HNI):** around 203.2×. Allotment here is proportionate, not a lottery — every valid applicant gets something, but at 203× the slice is a tiny fraction of the application. - **QIB:** around 256.7× (excluding anchors). These are approximations from the final subscription figures; MUFG Intime's published basis of allotment is definitive. The practical takeaway: not getting allotted is the statistically normal outcome in an issue like this, and it says nothing about your application.

Refunds and ASBA unblocking

Your money was never deducted — it was blocked via ASBA (UPI or net-banking mandate). Here is what happens next: - **Not allotted:** the full block is released. Refund initiation is expected from 19 October, per the tentative schedule. For UPI applications, check your app's mandate section. - **Partially allotted (NII):** the allotted portion is debited; the rest is unblocked. - **Timing reality check:** allow a day or two beyond 19 October for the unblock to reflect — banks vary. If funds are still blocked after 20–21 October, contact your bank's ASBA cell first, then the registrar.

Between allotment and listing: the timeline

All dates after today are tentative, as every source flags: - **16 Oct (today):** basis of allotment finalised; results on registrar/BSE/NSE portals, typically in the evening. - **19 Oct:** refund initiation for unsuccessful applicants; credit of shares to demat accounts. Verify the credit in your broker app. - **21 Oct:** tentative listing on BSE and NSE. You cannot trade your allotted shares before listing day — the shares must first reach your demat account and only become tradeable when the market opens.

A word on the grey market premium

The last grey market quotes put the premium at ₹82 (about 30% over the ₹271 cap price) at the close of bidding on 15 October, after ₹90 (about 33%) earlier in the week (IPO Central's tracker; Moneycontrol cited InvestorGain at ~33% on the morning of 15 October). This caveat is non-negotiable: **the grey market is unofficial, unregulated, and never guarantees listing performance.** It is trader chatter, not a price — and premiums routinely collapse or reverse before listing day. Do not make buy, hold, or sell decisions on GMP. For factual context on pricing: the company was priced at a P/E of 38.74–40.69 times FY26 diluted EPS (₹6.66) across the ₹258–271 band, versus an industry peer average of 62.95 times (The Economic Times). The RHP itself cautions there is no listed pure-play fire protection company in India — the peers are capital-goods and industrial-equipment makers — so treat that comparison as indicative. This is context, not a recommendation in any direction.

Quick refresher: the issue at a glance

- Company: HD Fire Protect Limited — fire protection equipment maker, estd. 1990; India's second-largest by FY25 operating income (CRISIL); exports to 90+ countries; FY26 revenue ₹489.28 crore, PAT ₹116.79 crore. - Issue: ₹712.31 crore, 100% OFS — no fresh issue, so proceeds go to the selling shareholders, not the company. - Selling shareholders: Harish Narshi Dharamshi (89,83,700 shares, ₹243.46 cr) and Kusum Harish Dharamshi (1,73,00,800 shares, ₹468.85 cr). - Terms: price band ₹258–271; lot size 55 (₹14,905 at cap); face value ₹5; ₹25 per share discount for eligible employees. - BRLMs: Ambit, Anand Rathi Advisors, IIFL Capital Services. Registrar: MUFG Intime India.
This article is for educational purposes only and is not financial advice. Please consult a SEBI-registered investment adviser for personalized guidance. Investments are subject to market risk.

FAQs

When exactly is the HD Fire Protect IPO allotment finalised?
Where can I check my allotment status?
My PAN shows nothing — was I not allotted?
When will my blocked money come back if I don't get allotment?
When do the shares reach my demat account?
Can I sell the shares before listing?

Your allotment-day checklist

1. Check in the evening of 16 October — the basis of allotment is usually uploaded late in the day. 2. Start with the MUFG Intime portal (usually fastest), with BSE or NSE as backup. 3. Note your allotted quantity, and cross-check blocked vs released amounts in your bank/UPI app. 4. On 19 October, confirm the demat credit in your broker app and the refund/unblock in your bank account. 5. Read the final basis-of-allotment PDF on the registrar's site for the category-wise picture. 6. Remember the disclaimer below: listing-day price discovery is uncertain, and the grey market premium is not a promise.

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