Nitin Fire Protection Industries Limited IPO closed for subscription today. The Nitin Fire Protection Industries Limited IPO fared very well and received excellent response from all categories of investors. The subscription / oversubscription rates for various categories are as under. The retail individual category in the Nitin Fire Protection Industries Limited IPO was subscribed 30.29 times (oversubscribed 29.29 times). The High networth individual category was subscribed 101.32 times (oversubscribed 100.32 times). The institutional investor category got a subscription of about 50 times (oversubscribed by about 49 times). Overall, the Nitin Fire Protection Industries Limited IPO was subscribed little less than 48.5 times (over-subscribed 47.5times).