Analysis: HD Fire Protect

NSE:TL2224

Research report

companyname: HD Fire Protect Limited ticker: TL2224 sector: Industrial Manufacturing / Fire Protection Equipment & Systems documenttype: IPO Research Report This is a pure Offer for Sale. The company is not raising a single rupee. Up to 26,284,500 equity shares of face value ₹5 each are being sold by two promoter selling shareholders, Harish Narshi Dharamshi (up to 8,983,700 shares) and Kusum Harish Dharamshi (up to 17,300,800 shares). On the pre-Offer equity of 175,230,000 shares, the Offer r...

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