HD Fire Protect IPO to Raise ₹712 Crore, Promoter Stake Falls to 85%
HD Fire Protect plans to raise ₹712 crore through an offer for sale in its IPO, reducing the promoter group's stake from 100% to 85%. Known for fire protection solutions, the company exports over one-third of its revenue internationally. This IPO marks a significant shift in their funding strategy, attracting high-risk investors seeking long-term growth.
ET Markets·



