Capital Markets, September 2025

TT&A is advising the promoter selling shareholders in the proposed IPO of HD Fire Protect Limited

TT&A advised Harish Narshi Dharamshi and Kusum Harish Dharamshi (the Promoter Selling Shareholders) in the IPO of HD Fire Protect Limited (Company) for amount aggregating to ₹ 7,121.32 million. 

Ambit Private Limited, Anand Rathi Advisors Limited and IIFL Capital Services Limited were the book running lead managers (BRLMs) for the IPO. 

TT&A Team: Abhinav Kumar – Partner; Shubham Sancheti – Managing Associate; Indira Satish – Senior Associate and Soham Vakil – Associate

Abhinav Kumar

Partner, Mumbai

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