SFC Environmental Technologies Ltd. logo

SFC Environmental Technologies Ltd. IPO Details

SFC Environmental Technologies Ltd. was incorporated on March 29, 2005. The company is an environmental technology provider specializing in efficient wastewater and solid waste treatment solutions. The company's core operations include design, technology, manufacturing, supply, and supervision for wastewater treatment equipment installation and commissioning

Bidding Dates
27 Oct 2026 - 29 Oct 2026
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹14,0851134520.2 M₹313 - ₹33041.18 %₹6,331.4 M - ₹6,675.3 MRHP DOC

SFC Environmental Technologies issue details

SFC Environmental Technologies has 20.2 M shares on offer

SFC Environmental Technologies IPO offer price is in the range ₹313 - ₹330

SFC Environmental Technologies IPO minimum Investment is ₹14085

SFC Environmental Technologies IPO issue size is ₹ 6,331.4 M - ₹ 6,675.3 M

SFC Environmental Technologies has a minimum lot size of 45 Shares per application

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%

SFC Environmental Technologies IMPORTANT IPO DATES

Issue Open Date27 Oct 2026
Issue close Date29 Oct 2026
Allotment Date30 Oct 2026
Refund Date02 Nov 2026
Demat Account Credit Date02 Nov 2026
Listing Date03 Nov 2026
Listing on Exchange(s)NSE and BSE

SFC Environmental Technologies IPO subscription opens on 27 Oct 2026, and closes on 29 Oct 2026

IPO allotment for SFC Environmental Technologies is expected to be finalized on Friday, 30 Oct 2026

IPO listing for SFC Environmental Technologies will be on NSE and BSE on Tuesday, 03 Nov 2026

SFC Environmental Technologies NUMBER OF SHARES ON OFFER

Total20.2 M
Fresh Issue4.5 M
Offer for Sale15.7 M
Post Issue Promoter Holding %41.18 %

SFC Environmental Technologies FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
Q1FY27 133.9 1.5 -21.3 -23.0 7.4%
Q1FY26 67.8 -0.3 32.1 26.1 7.4%
FY26 803.6 160.2 -25.8 -39.1 29.3%
FY25 697.9 152.0 65.5 51.9 29.7%
FY24 657.5 144.2 -11.7 -35.9 29.4%

SFC Environmental Technologies Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
SFC Environmental Technologies Ltd.3303232.620.92.93.919.211.7821.313154.47.215.87.2
Bharat Heavy Electricals Ltd.387.513493046.90.13.66.12.134589.820.11600.3199.78.3415.4
ABB India Ltd.6140130111.843.59.621.312.213555.18.11668.3-10.9141
CG Power and Industrial Solutions Ltd.813.4128141.293.23.29.415.19.512662.225.71206.323.88.728.7
Hitachi Energy India Ltd.26300117225.4101.90.812.819.18.28387.630.2987.8157.3258.1127.7
Siemens Ltd.3245.2115568.235.316.319.912.925598.610.52751.61.39233.7

SFC Environmental Technologies INFORMATION ON IPO ISSUE

About SFC Environmental Technologies

SFC Environmental Technologies Ltd. was incorporated on March 29, 2005. The company is an environmental technology provider specializing in efficient wastewater and solid waste treatment solutions. The company's core operations include design, technology, manufacturing, supply, and supervision for wastewater treatment equipment installation and commissioning

Object of the Issue

  • Prepayment of all or a portion of certain outstanding borrowings availed by the company and its wholly-owned subsidiary, Vasudha Waste Treatment
  • Funding working capital requirements
  • General corporate purposes

SFC Environmental Technologies - PROMOTERS

Name
Sandeep Sudhakar Asolkar
Priya Sandeep Asolkar
Saketchandrasingh Pratapsingh Dhandoriya

SFC Environmental Technologies - MANAGEMENT & LEADERSHIP

NameDesignation
Sandeep Sudhakar AsolkarChairman & Managing Director
Chandrakant Vallabhaji GogriNon-Executive Director
Sarvesh Kumar GargExecutive Director
Saketchandrasingh Pratapsingh DhandoriyaAdditional Executive Director
Neha Rajen GadaAdditional Non-Executive Independent Director
Satish Chandrashekhar DeshpandeAdditional Non-Executive Independent Director
Nandkishor Trivikram JoshiAdditional Non-Executive Independent Director
Dilip Damodar KarambelkarAdditional Non-Executive Independent Director

SFC Environmental Technologies Book Running Lead Manager

IIFL Capital Services Limited

sfc.ipo@iiflcap.com

JM Financial Limited

sfc.ipo@jmfl.com

Nuvama Wealth Management Limited

sfc.ipo@nuvama.com

SFC Environmental Technologies Registrar to the Offer

Link Intime India Private Limited

sfcenvironmental.ipo@linkintime.co.in

SFC Environmental Technologies Strengths

Technology driven

With 621 installations, primarily in sewage treatment plants (STPs), the company holds over 80% market share in SBR technology, a leading wastewater treatment method in India

Strength

In-house technology

The company's in-house technologies, including C-Tech and OREX, are crucial to its growth. C-Tech, a proprietary technology, offers significant cost, space, and environmental benefits over conventional systems

Strength

Strong order book

The company has built strong, long-term relationships with customers, demonstrated by recurring business engagements. Continuous service to prominent industry players highlights the trust in its expertise and reliable solutions

Strength

SFC Environmental Technologies Risks

Dependent on technology

The company’s revenues and operations depend on technology. Failure to innovate, upgrade, or develop new technologies could negatively impact operations, and inability to adapt to technological advancements could harm competitiveness

Risk

Dependent on few customers

A significant portion of revenue comes from the top 10 customers, and the lack of long-term contracts with most of them poses a risk. If any of these customers choose to stop sourcing from the company or terminate contracts, it could adversely affect the business and financial condition

Risk

Under-utilization of capacities

Under-utilization of manufacturing and waste treatment capacities could negatively impact the business, prospects, and future financial performance

Risk

IPO FAQs

  • This IPO consists of an offer for sale of up to Rs 517.5 crore, of 15,682,750 shares. It also consists of a fresh issue of Rs 150.0 crore.
  • The promoters of the company are Sandeep Sudhakar Asolkar, Priya Sandeep Asolkar and Saketchandrasingh Pratapsingh Dhandoriya.
  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
  • The price band of the IPO is Rs 313.0 - 330.0.
  • The IPO application opens on Oct 27, 2026 and closes on Oct 29, 2026.
  • The minimum lot size for the IPO is 45. The maximum lot size for the IPO is 585.
  • For all category investors, the minimum application amount for this IPO is Rs. 14,085.0, the maximum value for this IPO is Rs 193,050.0.
  • This IPO will be allotted on Oct 30, 2026.
  • The refund will be credited to your account on Nov 02, 2026.
  • The allotted shares will be credited to your demat on Nov 02, 2026.
  • SFC Environmental Technologies Ltd.’s shares will list on the stock exchanges on Nov 03, 2026.