SFC Environmental Technologies Ltd., a company that provides advanced technologies for wastewater treatment, recycling & reuse, plans to raise ₹668 Cr through an IPO.
[Fresh Issue ₹150 Cr + OFS ₹518 Cr]
Sfc environmental technologies ipo price: ₹313–₹330 per share
SFC Environmental Technologies: History
The Company was incorporated as SFC Environmental Technologies Pvt Ltd, a private limited company under the Companies Act, 1956, on March 29, 2005.
It was then converted into a public limited company on June 29, 2024, by a special resolution passed by the shareholders.
The Company changed its name to SFC Environmental Technologies Ltd, and the RoC issued a fresh certificate of incorporation on August 13, 2024.
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SFC Environmental Technologies: Business
SFC Environmental Technologies Limited is an environmental technology company in India.
The Company offers efficient technologies, design, engineering, manufacturing, supply, installation, and commissioning solutions in the field of –
- Wastewater Treatment (WWT),
- Wastewater Recycling & Reuse (WRR) and
- Solid Waste Treatment (SWT).
The company introduced advanced technologies tailored to local conditions, beginning with the C-Tech process for municipal sewage treatment.
Over the years, SFC has maintained an 80% market share in SBR technology, pioneering innovative and sustainable solutions that continue to shape the future of wastewater management.
As of 31 July, 2026, the Company had commissioned 728 wastewater treatment installations, and its SBR technologies treated 17,511.11 million litres of wastewater per day.
The Company has also expanded into wastewater recycling and reuse through –
ultrafiltration (UF),
closed circuit reverse osmosis (CCRO), and
membrane bioreactor (MBR) technologies.
All these are supported by an exclusive supply arrangement with DSP Singapore Holdings Pte Ltd (DuPont) for selected products in India.
In solid waste treatment, SFC uses its proprietary “OREX” technology to separate biodegradable organic waste from inorganic materials.
It operates 2 integrated solid waste treatment plants in Goa with an aggregate treatment capacity of up to 425 tonnes per day.
In 2023, the company has strategically expanded its portfolio by entering the agro-based biogas / compressed biogas projects.

Client
Its client relationships include engineering, procurement, and construction (EPC) companies, municipal bodies, and government-owned entities.
Network
As of this DRHP, the Company operates across 23 states and 5 Union Territories in India.
Peer Companies
Thermax Ltd, Praj Industries Ltd, Ion Exchange, Xylem Water Solutions, and Alfa Laval.
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Strategies Ahead
Strengthen Core Wastewater Treatment Business.
Expansion of SWT business through large-scale SWT projects.
Expansion into agro-waste projects.
Forward integration with innovative technologies for recycling and reuse of wastewater.
Acquisitions and expansion in new geographies.
Enhance R&D capabilities to increase commercialized technological offerings.
Company Promoters
- Sandeep Sudhakar Asolkar,
- Priya Sandeep Asolkar,
- Prachiti Sandeep Asolkar,
- S.P.Dhandoriya.
Refer to Sfc environmental technologies DRHP for more details.
IPO Detail
ipo date: 27 Oct – 29 Oct 2026
Minimum Amount: ₹14,850
Minimum Bid: 45 Shares
Face Value: INR 2 per share
Listing On: NSE, BSE
Objects of the IPO
Prepayment of all (or a portion of certain outstanding) borrowings availed by the company and its wholly owned subsidiary company.
Funding working capital requirements.
General corporate purposes.
Financial
Book Running Lead Managers
IIFL Capital
JM Financial
Nuvama Wealth Management
CONCLUSION
Considering financial performance and the nature of the business, FinBlab recommends a ‘SUBSCRIBE’ rating (keeping a long-term view in mind) for the SFC Environmental Technologies IPO.
Do come back to learn more about “upcoming IPOs”.
IPO FAQ’s
What is the #SFC_Environmental Technologies IPO?
SFC Environmental Technologies IPO is a main-board Initial Public Offering of 2,02,28,204 equity shares.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO.
What is #SFC_Environmental Technologies IPO Date?
The IPO opens on Tuesday, October 27, 2026, and closes on Thursday, October 29, 2026.
What is Sfc environmental technologies ipo price?
The issue is priced at ₹313 to ₹330 (minimum order quantity is 45 shares).
What is SFC Environmental Technologies IPO size?
The IPO size is ₹668 Crores.
How do I purchase an ipo?
One can purchase (apply) in the SFC Environmental Technologies IPO online using either UPI or ASBA as a payment method.
ASBA IPO application is available in the net banking of your bank account.
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While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.