SFC Environmental Technologies IPO

About SFC Environmental Technologies IPO

SFC Environmental Technologies IPO, a Mainboard SME IPO, opens on October 27, 2026 and closes on October 29, 2026. The allotment of shares will take place on October 30, 2026. The listing of shares will take place on November 3, 2026 on the BSE and NSE.

SFC Environmental Technologies IPO's price band is set at ₹313 to ₹330 per share. The lot size for an application is 45 shares. The minimum amount of investment required by a retail individual investor is ₹14,850 (45 shares) based on upper price.

The offer consists of a fresh issue and an offer for sale component. The fresh issue will include 45,45,454 shares aggregating up to ₹150 crore. The offer for sale issue will include 1,56,82,750 shares aggregating up to ₹518 crore.

Incorporated in 2005, SFC Environmental Technologies is an environmental technology company offering efficient technologies and comprehensive engineering solutions in the field of wastewater treatment (WWT), wastewater recycling & reuse (WRR) and solid waste treatment (SWT). The company’s core operations include providing design, technology, manufacturing, supply and supervision for installation and commissioning of equipment for the treatment of wastewater.

SFC Environmental Technologies IPO Objectives

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

SFC Environmental Technologies Anchor Investor Bidding Date

Monday, October 26, 2026

About SFC Environmental Technologies

Incorporated in 2005, the company’s core operations include providing design, technology, manufacturing, supply and supervision for installation and commissioning of equipment for the treatment of wastewater. Its proprietary technology for wastewater treatment is C-Tech, which is an advanced technology for treating sewage and effluents. With 728 installations commissioned in the WWT segment, as of July 31, 2026, particularly in sewage treatment plants (STPs), the company holds over 80% market share in sequencing batch reactor (SBR) technology, a key wastewater treatment method in India. (Source: F&S Report) Its technologies facilitate the treatment of 17,511.11 million litres per day (MLD) of wastewater, as of July 31, 2026.

Strengths

1. Technology driven market leadership in the wastewater treatment market.
2. Vertical integration through constant innovation and use of technology.
3. Well-positioned to capture market opportunities in the solid waste treatment segment.
4. High proportion of repeat business with strong order book.
5. Track record of consistent performance and strong financial profile.
6. Proven management experience and leadership.

Risks

1. Dependency upon technology.
2. A significant part of the company’s revenue comes from their top 10 customers and they do not have long term contracts with most of these customers.
3. Their subsidiary, SFC Umwelttechnik GmbH has been, and continues to be, involved in material legal proceedings.
4. Depend on a few suppliers for the supply of the majority of its raw materials without exclusive supply agreements.
5. Failure by third parties to supply, manufacture or deliver materials and components according to schedules, prices, quality, and volumes.
6. The company’s WWT operations in India experience seasonality.
7. Risks associated with foreign exchange rate fluctuations.
8. Rely on contract labour for carrying out certain of its operations.

Business Model

The company earns its revenue offering efficient technologies and comprehensive engineering solutions in the field of wastewater treatment (WWT), wastewater recycling & reuse (WRR) and solid waste treatment (SWT).

Growth Trajectory

SFC Environmental Technologies' Total Income for FY 26 was ₹821.27 crore, whereas in FY25 and FY 24 it was ₹726.96 crore and ₹676.74 crore, respectively.

The Profit After Tax for FY 26 was ₹160.21crore, whereas in FY 25 and FY 24 it was ₹152.01 crore and ₹144.17 crore, respectively.

Their EBITDA for FY 26 was ₹235.81 crore, whereas in FY 25 and FY 24 it was ₹207.48 crore and ₹193.25 crore, respectively.

Market Position

The company maintains strong, long-standing relationships with its customers, as evidenced by recurring business engagements. Notably, it has sustained continuous business from and has consistently provided services to prominent industry players, including Enviro Control Private Limited, Vishvaraj Environment Limited, Khilari Infrastructure Private Limited, SMC Infrastructures Private Limited, Rajkamal Builders Infrastructure Private Limited, Ramky Infrastructure Private Limited, EMS Limited and Enviro Infra Engineers Ltd, reflecting the trust they place in the company’s expertise and the reliability of its solutions.

Industry Outlook

India's wastewater treatment market is growing steadily, driven by opportunities in both the industrial and municipal sectors. The expansion is supported by high industrial activity, ongoing urbanization, economic growth, and increasing groundwater stress — all of which necessitate more effective wastewater management. The government's commitment to sustainability, coupled with financial incentives, continues to foster a favorable environment for adopting innovative treatment technologies. Notably, the market is witnessing a gradual shift from price-sensitive procurement to value-based approaches, with a growing number of Build, Own, Operate, and Transfer (BOOT) projects, typically spanning 15 to 30 years, that emphasize long-term performance and reliability.

SFC Environmental Technologies IPO Registrar Details & Book Managers

Registrar Details
MUFG Intime India Pvt.Ltd.
Phone: 022-49186000
Email: sfcenvironmental.ipo@linkintime.co.in

Book Running Lead Managers

1. IIFL Capital Services Ltd.
   
2. JM Financial Ltd.
   
3. Nuvama Wealth Management Ltd.
   

Company Contact Details

The Ambience Court, Hi-Tech Business Park, 21st Sector 19- D, Plot No. 2, Vashi, Navi Mumbai, Maharashtra, 400705
Phone: 22 4482 2717
Email: compliance@sfcenv.com

How to Apply for SFC Environmental Technologies IPO?

• Log in to your Kotak Neo account on the app/web and go to the "IPO" section.
• Select the IPO to review details such as the price band and issue size.
• Tap "Apply for IPO", select your category, and enter lots and bid price or choose the cut-off option.
• Enter your valid UPI ID or choose ASBA to block funds in your linked bank account.
• Submit the application and approve the mandate request sent to your UPI app to block funds.