FinanceIPOs

SFC Environmental Technologies IPO to Open on October 27; Price Band Set at ₹313–₹330

Bilkul Bazaar

Ahmedabad | 22 Oct 2026

SFC Environmental Technologies Limited will open its initial public offering (IPO) for subscription on October 27, 2026, with a price band of ₹313 to ₹330 per equity share. The issue will close on October 29, 2026. Investors can bid for a minimum of 45 shares and in multiples of 45 shares thereafter.

The IPO comprises a fresh issue of up to ₹150 crore and an offer for sale (OFS) of 15,682,750 equity shares by existing shareholders, including promoters and other selling shareholders. The equity shares have a face value of ₹2 each.

Founded in 2005, SFC Environmental Technologies provides environmental technology and engineering solutions in wastewater treatment, wastewater recycling and reuse, and solid waste treatment. Its proprietary technologies include C-Tech for wastewater treatment and Organic Extraction (OREX) technology for solid waste processing.

The company has expanded its wastewater recycling and reuse business into tertiary treatment solutions, including ultrafiltration, closed-circuit reverse osmosis and membrane bioreactor technologies. It has also entered into an exclusive supply agreement with DSP Singapore Holdings Pte Ltd (DuPont) for the distribution of specified wastewater recycling components in India’s municipal wastewater treatment market.

SFC Environmental Technologies reported revenue from operations of ₹803.6 crore in FY2026, compared with ₹657.4 crore in FY2024. Its net profit stood at ₹160.2 crore in FY2026, against ₹144.1 crore in FY2024. For the quarter ended June 2026, the company reported revenue from operations of ₹133.9 crore and net profit of ₹1.4 crore.

The issue will follow the book-building process under SEBI ICDR regulations. The allocation structure provides for up to 50% of the offer for Qualified Institutional Buyers (QIBs), at least 15% for Non-Institutional Investors (NIIs) and at least 35% for Retail Individual Investors (RIIs).

IIFL Capital Services Limited, JM Financial Limited and Nuvama Wealth Management Limited are the book-running lead managers, while MUFG Intime India Private Limited is the registrar. The company’s equity shares are proposed to be listed on the NSE and BSE.

SFC Environmental Technologies IPO: Snapshot

ParticularsDetails
IPO opening dateOctober 27, 2026
IPO closing dateOctober 29, 2026
Price band₹313–₹330 per share
Face value₹2 per share
Fresh issueUp to ₹150 crore
Offer for sale15,682,750 equity shares
Minimum bid45 shares
Minimum investment₹14,085 at the lower band; ₹14,850 at the upper band
BusinessWastewater treatment, recycling and solid waste treatment
FY2026 revenue₹803.6 crore
FY2026 net profit₹160.2 crore
Book-running lead managersIIFL Capital Services, JM Financial and Nuvama Wealth Management
RegistrarMUFG Intime India Private Limited
Proposed listingNSE and BSE

Note: Minimum investment is calculated for 45 shares and excludes applicable charges. The fresh issue proceeds will go to the company, while OFS proceeds will go to the selling shareholders.

Disclaimer: This article is for information purpose only and is not investment advice. Please read the IPO documents carefully before investing.

kindly Like the shared links and Subscribe our channel. https://youtu.be/9q7wlpidBEs