SFC Environmental Technologies Limited IPO Details
MainboardListed
EQGMP TodayLive
₹16(+4.7%)
Est. Listing: ₹346
7-Day Trend
7 days ago: ₹11Latest: ₹16
Price Band₹313 - ₹330Lot: 45 Shares
Min Outlay₹14,085Retail Category
Closes On29 Oct 2026Bidding Deadline
Total Demand9.47xSubscription Book
SFC Environmental Technologies Limited IPO DetailsCore Specs
IPO Bidding Dates | 27 Oct 2026 to 29 Oct 2026 |
Allotment Date | 30 Oct 2026 |
Listing Date | 03 Nov 2026 |
Issue Price Band | ₹313 - ₹330 |
Market Lot Size | 45 Shares |
Face Value | ₹2 per share |
Total Issue Size | 2,02,28,204 Shares (₹667.53 Cr) |
Fresh Issue | 45,45,454 Shares (₹150.00 Cr) |
Offer For Sale (OFS) | 1,56,82,750 Shares (₹517.53 Cr) |
Listing Exchange(s) | NSE, BSE |
Pre-Issue Shares | 9,34,11,270 |
Post-Issue Shares | 9,79,56,724 |
Lot(s) Distribution
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,850 |
| sHNI (Min) | 14 | 630 | ₹2,07,900 |
| bHNI (Min) | 68 | 3,060 | ₹10,09,800 |
Company Financials (In Crores)
| Period Ended | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| Assets | 1224.56 | 1323.43 | 999.47 | 904.94 |
| Revenue | 137.9 | 821.27 | 726.96 | 676.74 |
| Net Worth | 805.49 | 804.17 | 648.68 | 534.30 |
| Borrowing | 204.77 | 195.64 | 83.71 | 139.16 |
| PAT | 1.48 | 160.21 | 152.01 | 144.17 |
| Reserves | 786.81 | 785.49 | 630.00 | 528.07 |
Key Performance Indicators (KPI)
| Metric | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| ROCE (%) | 0.72 | 22.21 | 29.29 | 28.56 |
| RONW (%) | - | - | - | - |
| EPS (₹) | 0.16 | 16.52 | 15.42 | 15.16 |
| P/E Ratio | - | 19.24 | - | - |
About SFC Environmental Technologies Limited
Incorporated in 2005, SFC Environmental Technologies Limited is a B2B company providing advanced engineering and technology solutions for wastewater and solid waste management, specializing in design, manufacturing, supply, installation supervision, commissioning, and O&M services for large-scale industrial and municipal projects. The company offers proprietary solutions such as C-Tech Cyclic Activated Sludge Technology for wastewater treatment and OREX technology for solid waste treatment, enabling efficient separation and processing of waste with low lifecycle cost and high operational efficiency; its systems collectively treat over 14,800 MLD of wastewater through approximately 600+ installations, giving it a strong leadership position in the SBR-based wastewater treatment segment in India. Its operations span wastewater treatment, wastewater recycling and reuse, and solid waste treatment, serving major infrastructure and engineering clients such as Ramky Infrastructure, GVPR Engineers, Vishvaraj Environment, and other EPC and environmental solution providers, with a reported strong market share in its core technology segment and a wide presence across industrial and municipal projects.
Strengths & Growth Drivers
- Leadership in Wastewater Treatment: The Company was India’s first provider of Sequencing Batch Reactor (SBR) technology through C-Tech. As of March 31, 2025, it held over 80% market share in SBR technology, with 639 installations treating 15,209.45 MLD of wastewater.
- Technology-Driven Vertical Integration: The Company manufactures key components in-house, including diffusers, decanters and turbo blowers, and has established exclusive partnerships. These capabilities help reduce third-party dependence and improve supply chain control.
- Strong Presence in Solid Waste Treatment: The Company is among the market leaders in municipal solid waste treatment, operating solid waste treatment facilities in Goa with a combined capacity of 350 TPD. It has also secured compressed biogas orders worth ₹5,017.00 million.
Risk Factors
- Dependence on Key Technologies: The Company relies on technologies such as C-Tech and OREX for its operations and revenue generation. Failure to innovate, upgrade or adapt to technological advancements could weaken its competitiveness and adversely affect operating performance.
- Customer Concentration Risk: The top 10 customers contributed 61.37%, 59.18% and 58.62% of revenue from operations in FY2025, FY2024 and FY2023, respectively. Since the Company does not have long-term contracts with these customers, any reduction or discontinuation of orders could negatively impact revenue and business performance.
- Increasing Working Capital Requirements: Working capital as a percentage of revenue from operations increased from 27.77% in FY2023 to 63.51% in FY2025. Higher working capital needs may require additional funding, potentially putting pressure on profitability and cash flows.
Company Promoters
- Sandeep Sudhakar Asolkar
- Priya Sandeep Asolkar
- Saketchandrasingh Pratapsingh Dhandoriya
Lead Manager(s)
IIFL Capital Services Limited, Jm Financial Limited, Nuvama Wealth Management Limited
Current GMP Today+₹15.5Live Unofficial Premium
Estimated Listing Price₹14865.50Cap Price (₹14850) + GMP (₹15.5)
Estimated Listing Gain+0.1%Expected ROI per Share
SFC Environmental Technologies Limited Daily GMP Trend HistoryLive Daily Trend
| GMP Date | IPO Price | GMP (₹) | Est. Listing Price | Expected Gain (%) | Last Updated |
|---|---|---|---|---|---|
| 03 Nov 2026 | ₹330 | +₹15.5 | ₹345.50 | +4.7% | 04:18 AM |
| 02 Nov 2026 | ₹330 | +₹17 | ₹347.00 | +5.2% | 04:39 AM |
| 02 Nov 2026 | ₹330 | +₹12 | ₹342.00 | +3.6% | 03:30 PM |
| 31 Oct 2026 | ₹330 | +₹24.5 | ₹354.50 | +7.4% | 04:55 AM |
| 30 Oct 2026 | ₹330 | +₹21 | ₹351.00 | +6.4% | 06:30 PM |
| 30 Oct 2026 | ₹330 | +₹20 | ₹350.00 | +6.1% | 03:30 PM |
| 29 Oct 2026 | ₹330 | +₹17 | ₹347.00 | +5.2% | 09:04 AM |
| 29 Oct 2026 | ₹330 | +₹7 | ₹337.00 | +2.1% | 06:30 PM |
| 28 Oct 2026 | ₹330 | +₹10 | ₹340.00 | +3.0% | 04:31 AM |
| 27 Oct 2026 | ₹330 | +₹15 | ₹345.00 | +4.5% | 06:32 PM |
| 26 Oct 2026 | ₹330 | +₹20 | ₹350.00 | +6.1% | 06:48 PM |
| 25 Oct 2026 | ₹330 | +₹32 | ₹362.00 | +9.7% | 06:51 PM |
| 24 Oct 2026 | ₹330 | +₹32 | ₹362.00 | +9.7% | 06:33 PM |
| 23 Oct 2026 | ₹330 | +₹21 | ₹351.00 | +6.4% | 06:22 AM |
| 22 Oct 2026 | ₹330 | +₹21 | ₹351.00 | +6.4% | 08:20 AM |
| 21 Oct 2026 | ₹330 | +₹31 | ₹361.00 | +9.4% | 04:58 AM |
| 20 Oct 2026 | ₹330 | ₹0 | ₹0.00 | 0.0% | 05:48 AM |
| 13 Oct 2026 | ₹330 | ₹0 | ₹0.00 | 0.0% | 05:47 AM |
| 10 Oct 2026 | ₹330 | ₹0 | ₹0.00 | 0.0% | 03:09 PM |
| 15 Apr 2026 | ₹330 | ₹0 | ₹0.00 | 0.0% | 12:14 PM |
Subscription Details (No. of Shares)Live Demand Book
| Category | Shares Offered | Shares Applied | Subscription Demand |
|---|---|---|---|
| QIB | 40,45,642 | 7,61,07,240 | 0x |
| NIB | 30,34,231 | 3,88,59,120 | 0x |
| HNIs(10L +) | 20,22,820 | 2,93,15,070 | 0x |
| HNIs (2-10L) | 10,11,410 | 95,44,050 | 0x |
| RETAIL | 70,79,871 | 1,91,66,895 | 0x |
Day Wise Subscription Details
| Day | Date | QIB (x) | NII (x) | Retail (x) | Total (x) |
|---|---|---|---|---|---|
| Day 1 | - | 0x | 0x | 0x | 0x |
| Day 2 | - | 0x | 0x | 0x | 0x |
| Day 3 | - | 0x | 0x | 0x | 0x |
IPO Reservation Breakup
| Investor Category | Shares Offered | Allocation (%) |
|---|---|---|
| Anchor | 60,68,460 | 30% |
| QIB | 40,45,642 | 20% |
| HNI | 30,34,231 | 15% |
| RETAIL | 70,79,871 | 35% |
Official IPO Documents & Filings
Red Herring Prospectus (RHP)
Complete issue guidelines, risks, financials, and company profile.
Draft Red Herring (DRHP)
Initial draft submitted to SEBI before price discovery.
SFC Environmental Technologies Limited IPO Review & FAQ
Everything you need to know about IPO GMP, Kostak, and listing expectations.
As of today, SFC Environmental Technologies Limited IPO Grey Market Premium (GMP) is trading at ₹16 per share. With an issue cap price of ₹330, the expected listing price is ₹346 (+4.7% gain).
UPCOMING27 OCT
OPEN27 OCT
CLOSE29 OCT
LISTED03 NOV
Quick NavigationAuto-Synced
Issue Key Information
Allotment StatusPrice Band₹313 - ₹330
Issue Cap Price₹330
Market Lot Size45 Shares
Min Retail Outlay₹14,085
Total Issue Size₹667.53 Cr
Listing ExchangesNSE, BSE
RegistrarLink Intime India Private Limited
IPO Lot & Return Calculator
1 Lot(s)
Total Shares Applied:45 shares
Required Investment (At Cap):₹14,850
Expected Listing Gain (@ GMP):+₹698
Estimated Portfolio Value:₹15,548