SFC Environmental Technologies IPO is a book-built issue of ₹667.53 crore. This includes issue of 45.45 lakh fresh shares worth ₹150.00 crore and offer for sale (OFS) of 1.57 crore shares worth ₹517.53 crore. This IPO will open for subscription on 27 October 2026 and will close on 29 October 2026. The allotment of its shares is expected to be finalized by October 30, 2026, while its probable listing date on NSE and BSE has been fixed for November 3, 2026.
The company has set the price band of this IPO at ₹313 to ₹330 per share, in which the lot size for one application has been fixed at 45 shares. According to the upper price band, a minimum investment of ₹ 14,850 (45 shares) will be required for a retail investor. IIFL Capital Services Ltd. is the book running lead manager of the issue and MUFG Intime India Pvt. Ltd. is acting as the registrar.
Table of Contents
SFC Environmental Technologies IPO Allotment Status
| Company Name | Allotment Date | Listing Date | Registrar (Check Link) |
|---|---|---|---|
| SFC Environmental Technologies | Fri, Oct 30, 2026 | Tue, Nov 3, 2026 | https://in.mpms.mufg.com/Initial_Offer/public-issues.html |
SFC Environmental Technologies IPO Overview
| Details | Descriptions |
|---|---|
| IPO Date | 27 to 29 Oct, 2026 |
| Listing Date | Tue, Nov 3, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹313 to ₹330 |
| Lot Size | 45 Shares |
| Sale Type | Fresh capital cum OFS |
| Total Issue Size | 2,02,28,204 shares (agg. up to ₹668 Cr) |
| Fresh Issue | 45,45,454 shares (agg. up to ₹150 Cr) |
| Offer for Sale | 1,56,82,750 shares of ₹2 (agg. up to ₹518 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 9,34,11,270 shares |
| Share Holding Post Issue | 9,79,56,724 shares |
SFC Environmental Technologies IPO Schedule
| Details | Description |
|---|---|
| IPO Open Date | Tue, Oct 27, 2026 |
| IPO Close Date | Thu, Oct 29, 2026 |
| Tentative Allotment | Fri, Oct 30, 2026 |
| Initiation of Refunds | Mon, Nov 2, 2026 |
| Credit of Shares to Demat | Mon, Nov 2, 2026 |
| Tentative Listing Date | Tue, Nov 3, 2026 |
SFC Environmental Technologies Lot Size Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,850 |
| Retail (Max) | 13 | 1300 | ₹1,93,050 |
| S-HNI (Min) | 14 | 1400 | ₹2,07,900 |
| S-HNI (Max) | 67 | 6600 | ₹9,94,950 |
| B-HNI (Min) | 68 | 6700 | ₹10,09,800 |
Issue Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Net Offer |
| NII | Not less than 15% of the Net Offer |
| Retail | Not less than 35% of the Net Offer |
SFC Environmental Technologies IPO GMP Trend
| GMP Date | IPO Price | GMP | Est. Listing Price | Est. Profit* |
|---|---|---|---|---|
| 24-Oct 12:37 | ₹330 | ₹21 (6.36%) ─ | ₹351 | ₹945 |
| 23-Oct 15:37 | ₹330 | ₹21 (6.36%) ─ | ₹351 | ₹945 |
| 22-Oct 23:37 | ₹330 | ₹21 (6.36%) ▼ | ₹351 | ₹945 |
| 21-Oct 23:37 | ₹330 | ₹31 (9.39%) ─ | ₹361 | ₹1,395 |
Overview of SFC Environmental Technologies
Established in March 2005, SFC Environmental Technologies Limited is a leading environmental technology company. The company is engaged in the business of providing technology, design, engineering, manufacturing, supply, installation and commissioning solutions for Wastewater Treatment (WWT), Wastewater Recycling and Reuse (WRR), and Solid Waste Treatment (SWT).
The company’s wastewater treatment business is primarily based on its patented C-Tech technology, an advanced sequencing batch reactor (SBR) process used in sewage treatment plants and industrial effluent treatment. As of July 31, 2026, the company has commissioned 728 wastewater treatment installations and 17,511.11 million liters of wastewater is being treated per day through its technologies. The company has also expanded into wastewater recycling through ultrafiltration (UF), closed circuit reverse osmosis (CCRO) and membrane bioreactor (MBR) technologies in collaboration with an exclusive supply arrangement with DuPont for select products in India.
Solid Waste Treatment and Biogas Projects
The company solid waste treatment business is based on its patented Organic Extraction (OREX) technology. This technology helps in biogas generation and resource recovery by separating biodegradable organic material from mixed municipal waste. The company operates two integrated solid waste treatment facilities in Goa with a total capacity of up to 425 tonnes per day. Through its subsidiary, it has also won orders for compressed biogas (CBG) plants in Assam and Odisha with a cumulative order value of ₹5,017 million.
The company is active in 23 states and 5 union territories in India. As of 31 August 2026, the company had 264 permanent employees, including 149 engineers working in various teams such as design, erection, manufacturing and sales.
Key Competitive Strengths of SFC Environmental Technologies
- Technology-driven market leadership: Over 80% market share in SBR technology in India and strong hold in wastewater treatment with patented C-Tech technology.
- Integrated engineering capabilities: End-to-end solutions from design and manufacturing to installation, commissioning and operations and maintenance (O&M).
- Strategic Partnership with DuPont: Exclusive supply arrangement with DuPont for select wastewater recycling and reuse products in India.
- Patented OREX Technology: Unique ability to create biogas and recyclable resources by separating organic material from solid waste.
- Strong order book and repeat business: 91.98% of revenue in FY26 came from repeat customers, indicating strong customer confidence.
- Diversified growth opportunities: Extensive presence in wastewater treatment, recycling, solid waste, compressed biogas (CBG) and waste-to-energy projects.
Company Financials
SFC Environmental Technologies Financial Information (Restated Standalone)
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 1,224.56 | 1,323.43 | 999.47 | 904.94 |
| Total Income | 137.90 | 821.27 | 726.96 | 676.74 |
| Profit After Tax | 1.48 | 160.21 | 152.01 | 144.17 |
| EBITDA | 9.86 | 235.81 | 207.48 | 193.25 |
| NET Worth | 805.49 | 804.17 | 648.68 | 534.30 |
| Reserves and Surplus | 784.14 | 782.63 | 628.54 | 526.41 |
| Total Borrowing | 204.77 | 195.64 | 83.71 | 139.16 |
Key Performance Indicator (KPI)
The market cap. of SFC Environmental Technologies IPO is for Pre IPO ₹3,082.57 Cr., & for Post IPO ₹3,232.57 Crores.
KPI as of Jun 30, 2026, & Mar 31, 2026
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 0.18% | 21.55% |
| ROCE | 0.72% | 22.21% |
| Debt/Equity | 0.25 | 0.24 |
| RoNW | 0.19% | 21.25% |
| PAT Margin | 1.11% | 19.94% |
| EBITDA Margin | 7.36% | 29.34% |
| NAV | 86.23 | 86.09 |
| P/B (x) | – | 3.83 |
IPO Valuation & Shareholding Structure
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 17.15 | 0.61 |
| P/E (x) | 19.24 | 540.98 |
| Company Promoters: | Sandeep Sudhakar Asolkar, Priya Sandeep Asolkar, Prachiti Sandeep Asolkar and Saketchandrasingh Pratapsingh Dhandoriya | |
| Promoter and Promoter Group | 48.18% | 41.18% |
| Public | 51.82% | 58.82% |
| Total | 100% | 100% |
SFC Environmental Technologies IPO Objectives
| Issue Objects | Est Amt (₹ Cr.) |
|---|---|
| Prepayment of all or a portion of certain outstanding borrowings availed by Company and wholly owned Subsidiary, namely Vasudha Waste Treatment Pvt.Ltd. | 42.23 |
| Funding working capital requirements | 74.92 |
| General Corporate Purposes | |
| Total | 117.15 |
SFC Environmental Technologies IPO Contact Details
- SFC Environmental Technologies Ltd. Address
- The Ambience Court, Hi-Tech Business Park, 21st
- Sector 19- D,
- Plot No. 2, Vashi,
- Navi Mumbai, Maharashtra, 400705
- 22 4482 2717
- compliance@sfcenv.com
- Website: https://sfcenvironment.com/
SFC Environmental Technologies IPO Registrar
MUFG Intime India Pvt.Ltd.
| Details | Descriptions |
|---|---|
| Phone: | 022-49186000 |
| Email: | sfcenvironmental.ipo@linkintime.co.in |
| Website: | https://in.mpms.mufg.com/Initial_Offer/public-issues.html |
SFC Environmental Technologies IPO FAQs
When SFC Environmental Technologies IPO become available?
The IPO will open on Tue, Oct 27, 2026.
What is the minimum lot size for the SFC Environmental Technologies IPO?
The minimum lot size is 45shares.
When will the shares for the SFC Environmental Technologies IPO be allotted?
The allotment is expected to be finalized on Fri, Oct 30, 2026.
What is the expected listing date for the SFC Environmental Technologies IPO?
The tentative listing date is Tue, Nov 3, 2026.
How can I apply for the SFC Environmental Technologies IPO?
You can apply online through your bank or a broker using either the UPI or ASBA payment methods.
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