SFC Environmental Technologies’ ₹667.53 crore IPO entered its second day of subscription on October 28, 2026. The issue, priced at ₹313 to ₹330 per share, was subscribed 0.12 times as of 10:15 AM.

The IPO will close on October 29, with the basis of allotment expected on October 30. 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 2 Subscription Status

[October 28, 2026, 10:15 A.M.]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	0.00x
Non-Institutional Investors (NIIs)	0.12x
Retail Individual Investors (RIIs)	0.19x
Total	0.12x

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 provides solutions for wastewater treatment, recycling and reuse, and solid waste management. Its operations include equipment design, manufacturing, supply, 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 held over 80% of India’s SBR technology market.

Its portfolio also comprises turbo blowers, fibre disc filters and solar sludge drying systems. In August 2024, the company entered into an exclusive supply agreement with DuPont, expanding 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