SFC Environmental Technologies IPO to Open on October 27; Price Band Fixed at Rs 313–330
Investors can bid for a minimum of 45 equity shares and in multiples of 45 shares thereafter, the company said on Wednesday.
The IPO comprises a fresh issue of shares worth up to Rs 150 crore and an offer for sale (OFS) of up to 1,56,82,750 equity shares by promoters and other existing shareholders. The shares have a face value of Rs 2 each.
The offer is being made through the book-building process in accordance with SEBI regulations.
Not more than 50 per cent of the issue is reserved for qualified institutional buyers (QIBs), while at least 15 per cent is earmarked for non-institutional investors (NIIs) and at least 35 per cent for retail individual investors (RIIs).
Incorporated in 2005, SFC Environmental Technologies provides engineering and technology solutions for wastewater treatment, wastewater recycling and reuse, and solid waste treatment.
Its wastewater treatment operations include the design, technology, manufacturing, supply, installation supervision and commissioning of treatment equipment.
The company’s proprietary C-Tech technology is used for treating sewage and effluents, according to the company.
The company has also expanded into tertiary wastewater treatment and recycling solutions using ultrafiltration, closed-circuit reverse osmosis and membrane bioreactor technologies.
It has an exclusive supply agreement with DSP Singapore Holdings Pte Ltd, known as DuPont, for the distribution in India of certain components used in municipal wastewater treatment plants.
In solid waste treatment, the company provides solutions covering design, engineering, construction, installation, commissioning and operations and maintenance.
Its proprietary Organic Extraction (OREX) technology is designed to separate biodegradable organic material from inorganic materials and lignocellulosic fibres in mixed municipal waste.
The company reported revenue from operations of Rs 133.9 crore and net profit of Rs 1.4 crore for the quarter ended June 2026.
For FY26, revenue from operations stood at Rs 803.6 crore, compared with Rs 657.4 crore in FY24. Net profit increased to Rs 160.2 crore in FY26 from Rs 144.1 crore in FY24, according to the company’s statement.
IIFL Capital Services Ltd, JM Financial Ltd and Nuvama Wealth Management Ltd are the book-running lead managers to the issue, while MUFG Intime India Pvt Ltd is the registrar.
The company’s equity shares are proposed to be listed on the National Stock Exchange (NSE) and BSE.
