SFC Environmental Technologies IPO
Upcoming MainboardAlready have an account? Apply now
SFC Environmental Technologies IPO details
Schedule of SFC Environmental Technologies
| Issue open date | 27 Oct 2026 |
| Issue close date | 29 Oct 2026 |
| UPI mandate deadline | 29 Oct 2026 (5 PM) |
| Allotment finalization | 30 Oct 2026 |
| Refund initiation | 02 Nov 2026 |
| Share credit | 02 Nov 2026 |
| Listing date | 03 Nov 2026 |
| Mandate end date | 13 Nov 2026 |
| Lock-in end date for anchor investors (50%) | 28 Nov 2026 |
| Lock-in end date for anchor investors (remaining) | 27 Jan 2027 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About SFC Environmental Technologies
SFC Environmental Technologies provides environmental technologies and engineering solutions across three primary segments: wastewater treatment, wastewater recycling and reuse, and solid waste treatment. In the wastewater treatment segment, the company offers the C-Tech sequencing batch reactor technology. For wastewater recycling and reuse, it provides ultrafiltration, closed-circuit reverse osmosis, and membrane bioreactor technologies. The solid waste treatment segment utilizes OREX technology to extract organic materials from mixed waste, with the company currently operating two municipal solid waste treatment plants in Goa. The company generates revenue by providing these technologies and solutions to private engineering, procurement, and construction companies, as well as directly to government entities and municipalities. Additionally, the company manufactures essential components such as decanters, diffusers, blowers, programmable logic controllers, and hollow fibre membranes at its facilities located in Maharashtra and the Czech Republic to support its environmental treatment projects.
Financials of SFC Environmental Technologies
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 667.53 |
| Fresh Issue – Proceeds go to the company | 150 |
| Offer for sale – Proceeds go to the existing investors | 517.53 |
Utilisation of Proceeds
| Purpose | INR crores (%) |
|---|---|
| Prepayment of borrowings (Company and subsidiary) | 42.23 (28.15%) |
| Funding working capital requirements | 74.92 (49.95%) |
| General corporate purposes | 32.85 (21.90%) |
Strengths
- Established solid waste management operations in Goa.
- Strong order book driving repeat business.
- Strategic biogas and waste-to-energy partnerships.
- In-house manufacturing of essential treatment components.
- Comprehensive wastewater and solid waste solutions.
Risks
- Revenues heavily dependent on government entities.
- High reliance on top 10 customers.
- Significant and seasonal working capital requirements.
- Pending legal proceedings against company subsidiaries.
- Reliance on limited third-party material suppliers.