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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. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses. Capitalised terms used herein but not defined herein have the meaning given to those terms in the Draft Red Herring Prospectus. Due to legal restrictions, access to this part of this website is only available to residents of India from within India. If you are not in India, please exit this webpage. Confirmation of your acceptance of the terms and conditions By clicking on the “I Confirm” button below you represent to the Company that: 1. You have read the disclaimer set out above and you agree to be bound by its terms; and 2. You are a resident of India and are located in India.
If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.
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 red herring prospectus of HD Fire Protect Limited(the “Company”) dated October 5, 2026 (the “Red HerringProspectus”) and the abridged prospectus of the Company dated October 5, 2026 (the “Abridged Prospectus”), both of which were filed with the Registrar of Companies,Mumbai-I at Mumbaiand thereafter with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited, in relation to the initial public offering of the equity shares of face value of ₹5 each (the “Equity Shares”) of the Company (the “Offer”).You are advised to read the following notice carefully before accessing the Red Herring Prospectus and the Abridged Prospectus. In accessing the Red Herring Prospectus and/or the Abridged Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
THE RED HERRINGPROSPECTUS AND THE ABRIDGED PROSPECTUS ARE BEING MADE AVAILABLE ON THIS WEBSITE TO COMPLY WITH SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”).
The Red Herring Prospectus and the Abridged Prospectus are directed at, and is intended for distribution to, and use by, residents of India only. You may not forward, distribute, reproduce, or deliver these documents, in whole or in part, whether electronically or otherwise, to any person outside India.
Access to the Red Herring Prospectus and the Abridged Prospectusdoes not constitute a recommendation by the Company, the Promoter Selling Shareholders(as defined in the Red Herring Prospectus) or the Members of the Syndicate (as defined in the Red Herring Prospectus) to subscribe to the Equity Shares offered in the Offer.
Any potential investor should note that investment in the Equity Shares involves a high degree of risk and for details relating to such risks, see the section titled “Risk Factors” on page 21 of the Red Herring Prospectus.
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 (the “U.S. Securities Act”), 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 (“Regulation S”).
The information in the Red Herring Prospectus and the Abridged Prospectus 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 Red Herring Prospectus or the Abridged Prospectus to reflect circumstances arising after the date thereof.
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 (which contains, among other things, the selling restrictions for the Offer outside India).
You are responsible for protecting against viruses and other destructive items. You are accessing this website at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. None of the Company, its affiliates, directors, officers, agents, representatives, advisers or employees shall be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or disruption of this website, or from any other cause relating to your access to, inability to access, or use of this websiteor resulting from the act or omission of any other party involved in making this website or the data contained therein available to you.
Failure to comply with this disclaimer may result in a violation of the applicable laws of jurisdictions outside India.
If you are not in India, please exit this webpage.
Confirmation of your acceptance of the terms and conditions
By clicking on the “I Confirm” button below you represent to the Company and the Members of the Syndicate that:
You have read the disclaimer set out above and you agree to be bound by its terms; and
You are located in India.
If you cannot make these confirmations, you must press the button marked “I Do Not Confirm”.
Mr. Jitendra Khanvilkar
- General Manager – Sales
Mr. Jitendra Khanvilkar is the General Manager – Sales our Company. He has been associated with our Company since September 1, 1992. He holds a bachelor’s degree in commerce from the University of Mumbai (formerly University of Bombay). He is currently involved in overseeing domestic sales and business development functions of our Company and has 33 years of experience in the field of sales management.
Mr. Sudhir Patil
- General Manager – Plant Operations
Mr. Sudhir Patil is the General Manager – Plant Operations of our Company. He has been associated with our Company since December 1, 1997. He is currently involved in overseeing plant operations with a primary focus on production management, testing and successful execution of projects at the Jalgaon unit of our Company. He has 28 years of experience in the field of operations and management functions.
Mr. Jose Marcos Codesal
- International Sales Director - EMEA & LATAM
Mr. Jose Marcos Codesal is the International Sales Director – EMEA & LATAM of our Company. He is currently involved in the managing the customer relationships and brand building for the EMEA & LATAM regions for our Company.
Mr. Cresenciano Angelito Nosa
- International Sales Director – Asia
Mr. Cresenciano Angelito Nosa is the International Sales Director – Asia of our Company. He has been associated with our Company since April 1, 2020. Previously, he was associated with companies like Deluge Fire Protection (S.E.A) Pte. Ltd., Tyco Fire & Security Products Asia Pte. Ltd. and Jacobs Engineering Singapore Pte. Ltd. He is currently involved in managing customer relationships and brand building for the Asia region for our Company.
Mr. Sundaram Balasubramanian Iyer
- Company Secretary and Compliance Officer
Mr. Sundaram Balasubramanian Iyer is the Company Secretary and Compliance Officer of our Company. He holds a bachelor’s degree in commerce from University of Mumbai and a bachelor’s degree in law from University of Mumbai. He is a member of the Institute of Company Secretaries of India. He is currently involved in ensuring proper corporate governance, compliance with statutory and regulatory requirements, liaisoning with regulatory authorities and secretarial practice functions of our Company.
Mr. Hitesh Dedhia
- Chief Financial Officer
Mr. 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). He has 21 years of experience in accounting, statutory audit, and reporting. He has previously worked as a practising Chartered Accountant. He is an associate member of The Institute of Chartered Accountants of India. He is currently involved in overseeing the financial operations, strategic planning and financial risk management functions of our Company.
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.
Effective November 2025, he serves as the President of the Fire Protection Association of India, contributing to the advancement of fire protection practices across the country.
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).