SFC Environmental Technologies Limited IPO
27 Oct 2026 – 29 Oct 2026
Issue Details
- Price Band
- ₹313 – ₹330
- Lot Size
- 45 shares
- Min Investment
- ₹14,850 (1 lot · 45 shares)
- Face Value
- ₹2
- Fresh Issue
- ₹150 Cr (to the company)
- Offer for Sale
- 1,56,82,750 shares (to selling holders)
- Issue Size
- Initial Public offering comprising Fresh issue of aggregating up to Rs. 1500 million and offer for sale up to 1,56,82,750 Equity Shares
- Registrar
- MUFG Intime India Private Limited ↗
Timetable
GMP History
Latest GMP ₹21 · Last updated 24 Oct 2026, 12:08 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 24 Oct | ₹21 | +6.4% | — | ₹351 | |
| 23 Oct | ₹21 | +6.4% | — | ₹351 | |
| 22 Oct | ₹21 | +6.4% | — | ₹351 |
Subscription
Subscription figures appear once bidding opens.
Financials
All values in ₹ crore
About SFC Environmental Technologies
SFC Environmental Technologies Limited provides advanced technologies and integrated engineering solutions for wastewater treatment (WWT), wastewater recycling and reuse (WRR), and solid waste treatment (SWT). Its services cover the design, engineering, manufacturing, supply, installation supervision, and commissioning of wastewater treatment systems and related equipment. The company's wastewater treatment technologies have a reported treatment capacity of approximately 14,812.86 million litres per day (MLD). In the solid waste treatment segment, it offers end-to-end solutions encompassing design, engineering, financing, construction, equipment supply, installation, commissioning, performance testing, turnkey project execution, and operations and maintenance (O&M). For solid waste processing, the company has developed Organic Extraction (OREX), a proprietary technology designed to separate biodegradable organic matter from inorganic materials and lignocellulosic fibres in mixed municipal waste. This technology supports the efficient processing and recovery of useful components from municipal solid waste. The company's wastewater treatment portfolio includes its proprietary C-Tech Cyclic Activated Sludge Technology, which is based on the Sequencing Batch Reactor (SBR) process. This technology is designed to treat domestic sewage and industrial wastewater efficiently, offering advantages such as high treatment performance, lower life-cycle costs, operational simplicity, and space-efficient plant design. Its business activities are primarily organised around wastewater treatment, wastewater treatment business solutions, and solid waste treatment. SFC Environmental Technologies Limited primarily operates on a business-to-business (B2B) model, catering to institutional, infrastructure, municipal, and industrial customers.
As published in the company's own offer documents.
Strengths
- Technology-led market position: The company benefits from specialised wastewater treatment technologies and an established presence in the SBR-based treatment segment.
- Technology integration and continuous innovation: Its focus on developing and improving proprietary technologies supports operational efficiency and strengthens its engineering capabilities.
- Repeat business and order book visibility: Established customer relationships, repeat orders, and a strong order book support business continuity and revenue visibility.
- Experienced management team: The company draws on management expertise and industry experience to execute projects and develop its environmental technology business.
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- IIFL Capital Services Limited
- JM Financial Limited
- Nuvama Wealth Management Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 45 | ₹14,850 |
| Retail (max)most that stays under ₹2L | 13 | 585 | ₹1,93,050 |
| S-HNI (min)first bid over ₹2L | 14 | 630 | ₹2,07,900 |
| S-HNI (max)most that stays under ₹10L | 67 | 3,015 | ₹9,94,950 |
| B-HNI (min)first bid over ₹10L | 68 | 3,060 | ₹10,09,800 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Minimum Order
- 45 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, and NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 29-Oct-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- Axis Bank Limited and ICICI Bank Limited
Registrar
- Name
- MUFG Intime India Private Limited
- Address
- C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, Maharashtra, India
- Contact
- Shanti Gopalkrishnan, +91 8108114949, sfcenvironmental.ipo@in.mpms.mufg.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of SFC Environmental Technologies Limited IPO today?
The latest grey market premium for SFC Environmental Technologies Limited IPO is ₹21. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of SFC Environmental Technologies Limited IPO?
The price band is ₹313 – ₹330, with a lot size of 45 shares. The minimum investment is ₹14,850.
When does SFC Environmental Technologies Limited IPO open and close?
The issue opens on 27 Oct 2026 and closes on 29 Oct 2026. Listing is expected on 3 Nov 2026.
Who is the registrar for SFC Environmental Technologies Limited IPO?
MUFG Intime India Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.