SFC Environmental Technologies’ ₹667.53 crore IPO opened for subscription on October 27, 2026, with a price band of ₹313 to ₹330 per share. On the first day of bidding, the issue was subscribed 0.01 times as of 10:20 AM.

The three-day IPO will close on October 29, 2026. The basis of allotment is expected to be finalised on October 30, while the shares are tentatively scheduled to list on the BSE and NSE on November 3, 2026.

SFC Environmental Technologies IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹667.53 crore
Fresh Issue: Up to ₹150.00 crore
Offer for Sale (OFS): Up to ₹517.53 crore
Face Value: ₹2 per equity share
Price Band: ₹313 to ₹330 per share
Lot Size: 45 shares
Minimum Investment Amount (Retail Investor): ₹14,850 (45 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: IIFL Capital Services Limited, JM FInancial Limited, Nuvama Wealth Management Limited
Registrar: MUFG Intime India Private Limited

SFC Environmental Technologies IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event	Date
Subscription Opening Date	27 October 2026
Subscription Closing Date	29 October 2026
Basis of Allotment Date	30 October 2026
Refund Initiation Date	2 November 2026
Credit of Shares	2 November 2026
Listing on BSE and NSE	3 November 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

SFC Environmental Technologies IPO Day 1 Subscription Status

[October 27, 2026, 10:20 A.M.]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	0.00x
Non-Institutional Investors (NIIs)	0.00x
Retail Individual Investors (RIIs)	0.01x
Total	0.01x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Prepayment of all or a portion of certain outstanding borrowings availed by the company and its wholly owned subsidiary, namely Vasudha Waste Treatment Private Limited
Funding the working capital requirements
General corporate purposes.

About SFC Environmental Technologies Limited

Established in 2005, SFC Environmental Technologies offers solutions for wastewater treatment, recycling and reuse, and solid waste management. Its services cover the design, manufacture and supply of equipment, as well as installation and commissioning. The company’s proprietary C-Tech technology is used in sewage treatment plants and sequencing batch reactor (SBR) systems. As of July 31, 2026, it had commissioned 728 wastewater treatment installations and accounted for over 80% of India’s SBR technology market.

Its product range also includes turbo blowers, fibre disc filters and solar sludge drying systems. In August 2024, the company signed an exclusive supply agreement with DuPont, broadening its range of technology offerings.

Key Financial Highlights

Particulars	For the three month period ended June 30, 2026 (in ₹ crore)	FY26 (in ₹ crore)	FY25 (in ₹ crore)
Revenue from operations	1,339.44	8,036.29	6,978.58
EBITDA	98.56	2,358.12	2,074.80
Profit After Tax (PAT)	14.84	1,602.13	1,520.08