SFC Environmental Technologies IPO Details
SFC Environmental Technologies IPO Summary
SFC Environmental Technologies IPO opens for subscription on 27 Oct 2026 and closes on 29 Oct 2026.The IPO will be listed on NSE, BSE with the tentative listing date set for 03 Nov 2026.
SFC Environmental Technologies IPO price band has been fixed at ₹313 – ₹330 per share. The face value is ₹2 per share with a lot size of 45.
SFC Environmental Technologies IPO total issue size comprises 2,02,28,204 shares (aggregating up to ₹667.53 Cr). This includes a fresh issue of 45,45,454 shares (aggregating up to ₹150.00 Cr). Offer for Sale consists of 1,56,82,750 shares (aggregating up to ₹517.53 Cr). Pre-issue shareholding stands at 9,34,11,270, which will increase to 9,79,56,724 post-issue.
SFC Environmental Technologies IPO carries a ₹15.5 (4.7%) GMP, reflecting investor sentiment.
SFC Environmental Technologies IPO Lot Size :Retail Minimum is 1 lot (45 shares) amounting to ₹14,850. Retail Maximum is 13 lots (585 shares) amounting to ₹1,93,050. SHNI Minimum is 14 lots (630 shares) amounting to ₹2,07,900. SHNI Maximum is 67 lots (3,015 shares) amounting to ₹9,94,950. BHNI Minimum is 68 lots (3,060 shares) amounting to ₹10,09,800.
SFC Environmental Technologies IPO Details
SFC Environmental Technologies IPO Subscription
SFC Environmental Technologies IPO Application Wise Breakup (Approx)
SFC Environmental Technologies IPO Dates
- 27 Oct 2026Opening dateOpen
- 29 Oct 2026Closing dateClose
- 30 Oct 2026Allotment Date Allotment
- 02 Nov 2026Initiation of RefundsRefund
- 02 Nov 2026Credit of SharesCredit
- 03 Nov 2026Listing dateListing
SFC Environmental Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 45 | ₹14,850 |
| Retail Maximum | 13 | 585 | ₹1,93,050 |
| SHNI Minimum | 14 | 630 | ₹2,07,900 |
| SHNI Maximum | 67 | 3015 | ₹9,94,950 |
| BHNI Minimum | 68 | 3060 | ₹10,09,800 |
SFC Environmental Technologies IPO Reservation
Promoter Holding
Documents
SFC Environmental Technologies IPO Valuations
SFC Environmental Technologies Financial Information
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 1,224.56 | 1,323.43 | 999.47 | 904.94 |
| Total Income | 137.90 | 821.27 | 726.96 | 676.74 |
| Profit After Tax | 1.48 | 160.21 | 152.01 | 144.17 |
| EBITDA | 9.86 | 235.81 | 207.48 | 193.25 |
| NET Worth | 805.49 | 804.17 | 648.68 | 534.30 |
| Reserves and Surplus | 784.14 | 782.63 | 628.54 | 526.41 |
| Total Borrowing | 204.77 | 195.64 | 83.71 | 139.16 |
| Amount in ₹ Crore | ||||
About SFC Environmental Technologies IPO
Incorporated in March 2005, SFC Environmental Technologies Limited is an environmental technology company engaged in providing technology, design, engineering, manufacturing, supply, installation and commissioning solutions for wastewater treatment (“WWT”), wastewater recycling and reuse (“WRR”), and solid waste treatment (“SWT”). The Company’s wastewater treatment business is primarily based on its proprietary C-Tech technology, an advanced sequencing batch reactor (“SBR”) process used in sewage treatment plants and industrial effluent treatment. Its solutions include technology packages, equipment, automation systems, installation, commissioning and related services. As of July 31, 2026, the Company had commissioned 728 wastewater treatment installations and its technologies facilitated the treatment of 17,511.11 million litres of wastewater per day. It has also expanded into wastewater recycling and reuse through ultrafiltration (“UF”), closed circuit reverse osmosis (“CCRO”) and membrane bioreactor (“MBR”) technologies, supported by an exclusive supply arrangement with DuPont for selected products in India.
The Company’s solid waste treatment business is based on its proprietary Organic Extraction (“OREX”) technology, designed to separate biodegradable organic matter from mixed municipal waste to support biogas generation and resource recovery. It provides end-to-end solutions covering design, engineering, construction, equipment supply, commissioning and operations and maintenance. The Company operates two integrated solid waste treatment facilities in Goa with an aggregate treatment capacity of up to 425 tonnes per day. Through its subsidiary, it has also secured orders for compressed biogas plants in Assam and Odisha, with cumulative order value of ₹5,017 million, and has expanded into projects involving agricultural waste and biomass.
The Company operates across 23 states and five Union Territories in India, with a business model involving technology supply, engineering solutions, project execution and operations and maintenance. Its customer relationships include engineering, procurement and construction companies, municipal bodies and government-owned entities. The Company’s growth strategy includes expanding its wastewater recycling and reuse capabilities and pursuing opportunities in solid waste treatment, compressed biogas and waste-to-energy projects.
As of August 31, 2026, the Company had 264 employees, including 149 engineers, supported by teams across design and engineering, electrical and instrumentation, erection and commissioning, manufacturing, proposals, sales, finance and other functions.
Strength Of SFC Environmental Technologies IPO
- Technology driven market leadership as a key player in the wastewater treatment market.
- Vertical integration through constant innovation and use of technology.
- Well-positioned to capture market opportunities in the solid waste treatment segment.
- High proportion of repeat business with strong order book.
- Track record of consistent performance and strong financial profile.
- Proven management experience and leadership.
Risk Of SFC Environmental Technologies IPO
- Our revenues and operations are dependent upon technology. Failure of these technologies, failure to upgrade or innovate these technologies or failure to identify and develop new technologies could have an adverse impact on our results of operations. Our products may be displaced by newer technology and any inability or failure to adapt to technological developments, the evolving competitive landscape or industry trends could harm our business and competitiveness.
- We derive a substantial portion of our revenues from the WWT and SWT segments which together accounted for 88.22%, 84.98%, 84.34% and 87.40% of our consolidated revenue from operations in the three months period ended June 30, 2026, Fiscals 2026, 2025 and 2024, respectively. We are significantly dependent on projects, contracts or works awarded or funded by government entities, either directly or through our private customers. Our revenue from operations directly or indirectly attributable to government entities or government tenders represented 91.97%, 92.35%, 92.40% and 95.72% of our consolidated revenue from the WWT segment for the three months period ended June 30, 2026, Fiscals 2026, 2025 and 2024, respectively and 100.00% in the three months period ended June 30, 2026 and 100.00% of our consolidated revenue from SWT segment for each of the Fiscals 2026, 2025 and 2024. Any reduction or termination in such projects or adverse change in government policies could adversely affect our business, results of operations and financial condition.
- We derive a significant part of our revenue from our top 10 customers and we do not have long term contracts with most of these customers. If one or more of such customers choose not to source their requirements from us or to terminate our long-term contracts, our business, results of operations and financial condition may be adversely affected.
- Any failure to comply with trade restrictions such as economic sanctions and export controls or with antibribery and anti-corruption frameworks instituted by government authorities or international organizations, such as multilateral development banks, may restrict our ability to participate in projects, and could negatively impact our reputation and results of operations.
- We have had negative cash flows from operating activities in the certain past periods / fiscals and may continue to have negative cash flows in the future.
- Our business has grown, including our revenue from operations that has grown at a CAGR of 10.56% from Rs.6,574.95 million in Fiscal 2024 to Rs.8,036.29 million in Fiscal 2026, and we may fail to manage our growth effectively.
- Certain of our corporate records and filings are not traceable or have certain discrepancies. We cannot assure you that regulatory proceedings or actions will not be initiated against us in the future and we will not be subject to any penalty imposed by the competent regulatory authority in this regard.
- Our Company is involved in certain legal proceedings. Any adverse decision in such proceedings may render us liable to liabilities / penalties and may adversely affect our business, financial condition, results of operations and cash flows.
- Our Subsidiaries, Hindustan Waste Treatment Private Limited, Vasudha Waste Treatment Private Limited, Fine Aeration Systems Private Limited and Pentagen Biofuels Private Limited, Sustainyx Smart Solution Private Limited (formerly Navitas Waste Treatment Private Limited) and SFC Umwelttechnik GmbH have availed unsecured loans from our Company that may be recalled at any time and the Subsidiaries may not have adequate funds to make timely payments or at all.
- We have high working capital requirements, and may require additional financing to meet those requirements, which could have a material adverse effect on our results of operations, cash flows and financial condition. The working capital as a percentage of total revenue from operations was 561.06%, 65.19%, 63.51% and 39.94% for the three months period ended June 30, 2026 and Fiscals 2026, 2025 and 2024, respectively.
Objectives SFC Environmental Technologies IPO
1. Prepayment of all or a portion of certain outstanding borrowings availed by our Company and our wholly owned Subsidiary, namely Vasudha Waste Treatment Private Limited
2. Funding our working capital requirements
3. General corporate purposes
Company Contact Details
SFC Environmental Technologies Ltd. Address
The Ambience Court, Hi-Tech Business Park, 21st
Sector 19- D, Plot No. 2, Vashi,
Navi Mumbai, Maharashtra, 400705
Phone: +91 22 27832646
Email: compliance@sfcenv.com
Website: https://sfcenvironment.com/
Registrar Contact Details
SFC Environmental Technologies FAQs
The SFC Environmental Technologies IPO is a MAINBOARD public issue comprising 20228204 equity shares with a face value of ₹2 each, aggregating to a total issue size of ₹667.53 Cr. The issue price has been fixed at ₹330 per equity share, and the minimum application size is 45 shares.
The IPO opens for subscription on 27 Oct 2026, and closes on 29 Oct 2026.
MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹15.5 (4.7%).
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