Home / Business and Economy / HD Fire Protect IPO Soars Over 23% on Debut
HD Fire Protect IPO Soars Over 23% on Debut
21 Oct
Summary
- HD Fire Protect shares debuted with over 23% premium.
- The IPO issue price was Rs 271 per share.
- The public issue saw subscriptions around 130 times.
HD Fire Protect made a significant entrance into the stock market, with its shares debuting at a remarkable premium of over 23 percent. This initial trading performance surpassed the initial public offering (IPO) price of Rs 271. The demand for HD Fire Protect shares was exceptionally high during the subscription period. The public issue garnered substantial investor attention, being subscribed approximately 130 times over its three-day window. This indicates a strong market appetite for the company's stock upon its introduction.
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