Recipient of the Diamond Jubilee All India Exports Excellence Award 2025 from The Federation of Industries of India, presented by Shri. Ashok Shingare (IAS), District Collector of Thane & Padma Shri Prof. (Dr.) GD Yadav, President of the Indian Chemical Society.
Recipient of the 2023 Maharashtra State Export Award in Silvery Category – Engineering Sector from the Directorate of Industries, Government of Maharashtra, conferred by Honourable Minister of Industries, Maharashtra
Recipient of the 2022-23 Export Excellence Award from the Federation of Industries of India, presented by Ms. Majell Hind (Consul General of Australia) and Shri Ashok Shingare, IAS (District Collector of Thane)
Recipient of the Innovation Award in the Active Fire Protection Category for HD Rakshak at the Fire India 2022 Conference and Exhibition
Recipient of the 2022 Global Footprint Award from The Institute of Fire Engineers, presented by Shri Vinod Moradia, Honourable Minister of State for Urban Development & Housing, Govt. of Gujarat
Recipient of the India SME 100 Award 2021, presented by Shri Bhanu Pratap Singh Verma, Honourable Minister of State for MSME
Mr. Harish Dharamshi received the Industrialist 2021 Award, presented by FII and Mr. Othmar Hardegger, Consul General of Switzerland in Mumbai
Mr. Miheer Ghotikar, Company Director, received the Covid Yodha Udyojak Award 2020, presented by Shri Bhagat Singh Koshyari, Honourable Governor of Maharashtra
Recipient of the 2021 Export Excellence Award from the Federation of Industries of India, presented by Ms. Sonia Barbry, Consul General of France in Mumbai
Recipient of FIST Award 2020, presented by the Fire and Security Association of India for Most Innovative Product: HD VARSHA Master Stream Nozzles
Recipient of FIST Award 2019, presented by the Fire and Security Association of India for Most Innovative Product: HD Pre-Pack® Pre-action System
Mr. Harish Dharamshi, CMD, received the “Lifetime Achievement Award” from IFE for contributions to the fire industry, presented by Mr. Najeeb Jung, Honourable Lieutenant Governor of Delhi
Recipient of ASSOCHAM SME of the Year 2018 Award, presented by Honourable Chief Minister of Meghalaya Shri Conrad K Sangma
Recipient of the Emerging SME of the Year 2018 Award, presented by Mr. Jayant Sinha, Minister of State for Aviation & Ms. Shereen Bhan, Managing Editor of CNBC
Mr. Miheer Ghotikar, Company’s Director received Rotary Vocational Excellence Award 2018
Recipient of Business Excellence Award 2016 in Engineering Sector, Mid-Corporate Segment, presented by Shri. Haribhai Chaudhary, Honourable Minister of State-MSME
Recipient of Export Excellence Award 2016. Award was presented by Mr. Rajnish Kumar, Chairman of the State Bank of India
Recipient of EEPC “Exports Star Performer Award 2016”, presented by EEPC India
Recipient of “ASSOCHAM SME of the Year 2016”, presented by Shri Haribhai Chaudhary, Honourable Minister of State-MSME, Government of India
Recipient of “Golden Maharashtra Enterprise of the Year 2015 Award”, presented by Shri Subhash Desai, Minister of Industries, Government of Maharashtra
Recipient of SME Business Excellence Award 2014 in Engineering & Machinery Segment, presented by Shri Jayant Sinha, Honourable Minister of State-Finance, Government of India
Recipient of ASSOCHAM SME of the Year 2014 Award, presented by Shri Kalraj Mishra, Indian Union Cabinet Minister, MSME, Government of India
Recipient of the “Roll of Honour Award” presented by LIC – India’s Small Giants Award 2013
Recipient of the “INDIA SME TOP 100 (2013)” Award from India SME Forum, presented by Ms. Sumitra Mahajan, Honourable Speaker of Lok Sabha, and Shri Kalraj Mishra, Honourable Union Minister of MSME, India
Achievements
We are India’s first fire protection equipment and systems manufacturer to secure listing with UL Solutions Inc. (“UL Listed”) of Pre-action system (UL Category-VKYL) and approval of FM Approvals LLC (“FM Approved”) of monitors & monitor nozzles.
We are first Indian fire protection equipment and systems manufacturer to receive FM approval for range of products used in low expansion foam system namely foam concentrates, bladder tanks, proportioners, topside discharge devices and foam water sprinkler discharge devices.
We are the first Indian company focused on fire protection equipment and systems manufacturing to receive ASME U (pressure vessels) stamp certification.
We are the first Indian fire protection equipment and systems manufacturer to receive UL Listing for deluge valves in 1996.
As of September 2025, HD Fire Protect holds patents in India, the United States and Saudi Arabia for “Pressure Operated Fluid Valve with Configurable Diaphragm Arrangement”.
We are a 2-Star Export House by the Directorate General of Foreign Trade, Government of India.
HD Fire Protect Limited is an AEO Level 2 Authorized Economic Operator – Certificate is granted by the Customs authorities of the Government of India.
Disclaimer
THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.
IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.
The following disclaimer applies to the draft red herring prospectus of HD Fire Protect Limited (the “Company”) dated September 24, 2025 (the “Draft Red Herring Prospectus”) filed with the Securities and Exchange Board of India (“SEBI“), BSE Limited and National Stock Exchange of India Limited (together, the “Stock Exchanges”), as well as the audio visual film of the Company (the “IPO AV”), in relation to the proposed initial public offering of the equity shares of face value of ₹5 each of the Company (“Equity Shares”) in India (“Offer”).
You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Draft Red Herring Prospectus and the IPO AV. In accessing the Draft Red Herring Prospectus and/or the IPO AV, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
THE DRAFT RED HERRING PROSPECTUS IS BEING MADE AVAILABLE ON THIS WEBSITE IN ELECTRONIC FORM SOLELY TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).
THE IPO AV IS BEING MADE AVAILABLE ON THIS WEBSITE IN ACCORDANCE WITH CIRCULAR ON “AUDIOVISUAL (AV) PRESENTATION OF DISCLOSURES MADE IN PUBLIC ISSUE OFFER DOCUMENTS” DATED MAY 24, 2024, ISSUED BY SEBI
Each of the Draft Red Herring Prospectus and the IPO AV is directed at, and is intended for distribution to, and use by, residents of India only. No part of the contents of the Draft Red Herring Prospectus and the IPO AV may be copied or duplicated in any form by any means or redistributed. Failure to comply with this disclaimer may result in a violation of the applicable laws. If you access the Draft Red Herring Prospectus and/or the IPO AV, you agree not to forward, deliver or distribute them, in whole or in part, to any person outside India.
The Draft Red Herring Prospectus and the IPO AV are for information purposes only and do not constitute, and should not be construed as, directly or indirectly, an offer or invitation to sell or the solicitation of an offer or invitation to purchase any Equity Shares in any jurisdiction. Any such offer or solicitation, if made, would only be made pursuant to the Red Herring Prospectus (“RHP”), which may be filed with the relevant Registrar of Companies in the future (if you are in India) or the RHP and the preliminary international wrap (which contains, among other things, the selling restrictions for the Offer outside India) if the investor is outside India. No person outside India is eligible to bid for Equity Shares in the Offer unless that person has received the preliminary offering memorandum for the Offer, which comprises the Red Herring Prospectus and the preliminary international wrap.
Potential investors should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, please refer to the RHP (when available), including the section titled “Risk Factors”, and for potential investors outside India and the preliminary international wrap (when available).
The Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered, listed or otherwise qualified in any jurisdiction except India and may not be offered or sold to persons outside of India except in compliance with the applicable laws of each such jurisdiction. In particular, the Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or the securities laws of any state of the United States and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. The Equity Shares offered in the Offer are being offered and sold only outside the United States in “offshore transactions” as defined in and in reliance on Regulation S under the U.S. Securities Act.
Ambit Private Limited, Anand Rathi Advisors Limited and IIFL Capital Services Limited (formerly IIFL Securities Limited) (together, the “Book Running Lead Managers”) are the book running lead managers for the Offer and they and their respective affiliates, directors, officers, agents, representatives, advisers and employees do not accept any liability whatsoever, direct or indirect, that may arise from the use of the information contained on this website.
The information in the Draft Red Herring Prospectus and the IPO AV is as of the date thereof and none of the Company, the Promoter Selling Shareholders, the Book Running Lead Managers or their respective affiliates, directors, officers, agents, representatives, advisers or employees are under any obligation to update or revise the Draft Red Herring Prospectus and the IPO AV to reflect circumstances arising after the date thereof.
You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently, neither the Company, the Book Running Lead Managers nor any of their respective affiliates, directors, officers, agents, representatives, advisers or employees accepts any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of the Draft Red Herring Prospectus and the IPO AV in electronic format.
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Capitalised terms used herein but not defined herein have the meaning given to those terms in the Draft Red Herring Prospectus.
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Mr. Hitesh Dedhia
- Chief Financial Officer
Hitesh Dedhia is the Chief Financial Officer of our Company.
He holds a Bachelor’s degree in Commerce from the University of Mumbai (formerly University of Bombay) and is an Associate Member of The Institute of Chartered Accountants of India.
He currently oversees the financial operations, strategic planning, and financial risk management functions of our Company. Mr. Dedhia has over 21 years of experience in accounting, statutory audit, and reporting.
Mr. Navin Ram
- Independent Director
Mr. Navin Ram is an Independent Director of our Company. He has completed the Owner/President Management Program from Harvard Business School. He is also a director of Pipe Hangers & Supports Private Limited, Cauvery Smart Food & AgroTech Private Limited, and OriginWave Tech Soft Private Limited.
He has served as an independent director of Ultramarine Specialty Chemicals Limited and Ultramarine & Pigments Limited. He was previously associated with Goldman Sachs Group, Inc. He has over 19 years of experience of holding directorships in various companies.
Mr. Nagesh Pinge
- Independent Director
Mr. Nagesh Pinge is an Independent Director of our Company.
He holds a Bachelor’s degree in Commerce from the University of Mumbai and a Bachelor’s degree in Law from the University of Mumbai (formerly University of Bombay).
He is also an Associate Member of the Institute of Chartered Accountants of India. He was previously associated with ICICI Bank Limited, JSW Energy Limited, Reliance Retail Limited, and Tata Motors Limited. He has 19 years of experience in audit and related activities.
Mrs. Sudha Ravi
- Independent Director
Mrs. Sudha Ravi is an Independent Director of our Company. She holds a bachelor’s degree in science from the University of Madras and a bachelor’s degree in law from the University of Mumbai. She is also a certified associate of the Indian Institute of Banking and Finance.
She has held various roles at the State Bank of India, both in India and overseas, and has also served as an executive director of Piramal Finance Private Limited and Piramal Fund Management Private Limited and chief executive officer of PHL Capital Private Limited. She has over 35 years of experience in banking and financial services.
She has served as the chairperson of the ASSOCHAM National Council of Non-Banking Financial Companies. She has been honoured by the Indian American Community of Metropolitan Area of Washington D.C. for her distinguished services in promoting cordial and friendly relations between the Indian American community and the State Bank of India.
Mr. Ramesh Chandak
- Independent Director
Mr. Ramesh Chandak is an Independent Director of our Company. He is a member of the Institute of Chartered Accountants of India. He has completed the Leading Change and Organisation Renewal Program from Harvard Business School. He was previously the Managing Director of KEC International Limited.
He has been a director on the board of Prince Pipes and Fittings Limited and Parag Milk Foods Limited. He has also served as the president of the Indian Electrical and Electronics Manufacturers Association & has been a trustee of the Victoria Memorial School for the Blind. He was conferred the CA Business Leader – Corporate award in the category of the ‘Chief Executive Officer & Managing Director’ category at the ICAI Awards 2007.
Mrs. Parika Ghotikar
- Executive Director
Mrs. Parika Miheer Ghotikar is the Executive Director of our Company.
She holds a Bachelor’s degree in Mechanical Engineering from the College of Engineering, University of Toledo, and a Master’s degree in Engineering and Management from the Case School of Engineering and the Weatherhead School of Management at Case Western Reserve University.
She was previously associated with Deloitte and Touche Consulting (USA) and has been associated with the Company for over 15 years.
Mr. Anik Dharamshi
- Executive Director
Mr. Anik Dharamshi is the Executive Director of our Company.
He holds a Bachelor’s degree in Mechanical Engineering from the University of Mumbai, and a Master’s degree in Manufacturing Engineering and Management from the University of Birmingham, UK.
He has been associated with the Company for over 15 years.
Mr. Miheer Ghotikar
- Executive Director
Mr. Miheer Ghotikar is the Executive Director of our Company. He holds a Bachelor’s degree in Biomedical Engineering from the University of Mumbai, and a Master’s degree in Biomedical Engineering from the College of Engineering, University of South Florida, USA.
He was previously associated with Pilgrim Software Inc. (USA) and Baxter Healthcare Corporation (USA). Mr. Ghotikar also completed the Owner/President Management Program at Harvard Business School in 2015.
He is Standards Technical Panel Member of UL 162 & NFPA 15 Technical Committee Member. He has been associated with the Company for over 15 years.
Mr. Harish Dharamshi
- Chairman and Managing Director
Mr. Harish Dharamshi is the Chairman and Managing Director of our Company.
He holds a Bachelor’s degree in Mechanical Engineering from B.V.B. College of Engineering and Technology, Karnatak University.
He began his journey by starting H.D. Fire Protect Co. to offer import-substitute fire protection products in India.
With over 40 years of experience in the fire protection industry, he continues to steer the company’s growth.
He is Standards Technical Panel Member of UL 260. Mr. Dharamshi has also been recognized with the Lifetime Achievement Award from the Institute of Fire Engineers (India).