BusinessPhoto: Mint MarketsHD Fire Protect Raises ₹213 Crore from Anchor Investors Before IPO
HD Fire Protect Ltd raised ₹213.11 crore from anchor investors ahead of its ₹712-crore IPO opening on October 13. The company allotted 78.64 lakh shares at ₹271 each to 25 funds, including Bajaj Life Insurance, Axis Max Life Insurance, Allianz Global Investors, and major domestic mutual funds. Domestic mutual funds received nearly 72% of the anchor allocation, highlighting strong institutional interest.
Mint Markets·




