SFC Environmental Technologies IPO

Upcoming Mainboard
Min Investment
₹14,850
45 Shares
Min Investment
₹14,850 · 45 Shares
Next: Bidding opens in 6 days (Oct 27)
Price Band ₹313–330
Lot Size 45 shares
Issue Size ₹668 Cr
GMP +₹31 +9.4%
Listing On BSE & NSE

Market Sentiment

Grey Market Premium What is GMP?
+₹31
+9.4% ▼ ₹0 since last update
Est. listing ₹361
Upper price ₹330
GMP range —
Updated 21 Oct, 5:58 pm IST Unofficial grey-market data
Subscription Status
Subscription data not available yet
This section updates automatically once data is available.
Analysis Score 61 / 100
Data: 50%

The overall score is a weighted average of the parts below, so one weak part can sit inside a strong overall reading.

GMP Score · 70% weight 55
Financial Health · 30% weight 75
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Price Band₹313–330 per equity share
Face Value₹2 Per Equity Share
Lot Size 45 shares (Min ₹14,850)
Total Issue Size ₹668.00 crore
Fresh Issue₹150.00 crore
Offer For Sale₹518.00 crore
Fresh vs OFS
Fresh 22% · to the company OFS 78% · to selling shareholders
Issue TypeBook Building Issue
Lead Manager IIFL Capital Services Ltd. , JM Financial Ltd. , Nuvama Wealth Management Ltd.
Registrar MUFG Intime India Pvt.Ltd.
PromotersSandeep Sudhakar Asolkar, Priya Sandeep Asolkar and Saketchandrasingh Pratapsingh Dhandoriya
Listing atBSE & NSE

IPO Reservation

Reservation details not available yet
This section updates automatically once data is available.

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 45 ₹14,850
Retail Maximum 13 585 ₹1,93,050
S-HNI Minimum 14 630 ₹2,07,900
S-HNI Maximum 67 3,015 ₹9,94,950
B-HNI Minimum 68 3,060 ₹10,09,800

Return Estimator (GMP*)

45 shares
Min 1 lot Max 13 lots
₹
You invest ₹14,850 at ₹330/share
Est. listing value ₹16,245 at ₹361 (price + GMP)
Est. gain +₹1,395 +9.4% on the issue price
Allotment chance — Shows once bidding data is in

GMP (Rumour*) is unofficial grey-market data; the actual listing price may differ significantly. Allotment chance is an estimate from current subscription.

Financial Analysis

Financial Data

EPS (Pre)
₹16.52
ROE
21.55%
ROCE
22.21%
RoNW
21.25%
EBITDA Margin
29.34%
Debt/Equity
0.24
NAV/Share
₹86.09
Revenue Growth
12.97%
Profit Margin
19.51%

Financial Performance

31 Mar 2026 vs 31 Mar 2025 Revenue +13.0% Profit (PAT) +5.4% Total Assets +32.4%
Metric 31 Mar 2024 31 Mar 2025 31 Mar 2026 30 Jun 2026
Revenue 676.74 726.96 821.27 137.90
Expense 485.70 521.59 610.53 135.96
Profit (PAT) 144.17 152.01 160.21 1.48
Total Assets 904.94 999.47 1,323.43 1,224.56
Values in Crores (₹)

Peer Comparison

Company EPS P/E RoNW % NAV Income
SFC Environmental Technologies This IPO 16.52 - 21.25 86.09 -
Thermax Limited 56.33 58.13 13.53 438.17 10,388.69 Cr
Praj Industries Limited 11.91 34.57 16.48 75.17 3,228.04 Cr
Ion Exchange (India) Limited 17.53 24.61 18.67 82.36 2,737.10 Cr
Peer median P/E 34.6x across 3 listed peers

Strengths & Risks

Strengths
  • Healthy grey-market premium — +9% over the issue price.
  • Solid profit margin — 19.5%.
  • Strong return on equity — 22%.
  • Low leverage — debt/equity of 0.24.
Risks & Concerns
  • Largely an offer for sale — most proceeds go to selling shareholders, not the company.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About SFC Environmental Technologies

EAAA India Alternatives, founded on May 14, 2008, is an alternative investment management platform that manages investments in India’s real estate and private credit markets. It manages investment funds and offers alternative investment solutions to domestic and global institutional investors, high-net-worth individuals (“HNIs”), ultra-high-net-worth individuals (“UHNIs”), and family offices. Moreover, the firm operates in two investment areas: Real Assets and Private Credit. It also provides portfolio management services and other investment solutions. Its Real Assets division invests in infrastructure, commercial properties, energy transition projects, and other long-term investment opportunities. Its private credit offer financing solutions across performing credit, special situations, real estate credit and investment-grade credit. Moreover, its product portfolio includes 10 active Real Assets funds, including two Infrastructure Investment Trusts (“InvITs”), and 16 active Private Credit funds. As of June 30, 2026, EAAA India Alternatives has assets under management (“AUM”) of ₹95,344.88 crore.

Company Contact Information

SFC Environmental Technologies Ltd., The Ambience Court, Hi-Tech Business Park, 21st, Sector 19- D,, Plot No. 2, Vashi,, Navi Mumbai, Maharashtra, 400705

Objects of the Issue

Purpose Amount (Cr)
Prepayment of all or a portion of certain outstanding borrowings availed by Company and wholly owned Subsidiary, namely Vasudha Waste Treatment Pvt.Ltd. 42.23
Funding working capital requirements 74.92
General Corporate Purposes -

Resources & Documents

Anchor Investors

Anchor Bidding Date
October 26, 2026

SFC Environmental Technologies IPO - Quick Take

SFC Environmental Technologies has set a price band of Rs 313–Rs 330 per share for an issue size of Rs 668 crore. The Mainboard issue is scheduled to open for subscription on October 27, 2026 — 6 days from now.

The issue is promoted by Sandeep Sudhakar Asolkar, Priya Sandeep Asolkar and Saketchandrasingh Pratapsingh Dhandoriya with IIFL Capital Services Ltd., JM Financial Ltd., Nuvama Wealth Management Ltd. acting as lead manager. Net proceeds will primarily be used towards prepayment of all or a portion of certain outstanding borrowings availed by Company and wholly owned Subsidiary, namely… (Rs 42 crore) and funding working capital requirements (Rs 75 crore).

On fundamentals, the company is posting revenue growth of 13.0%, a profit margin of 19.5%, return on equity of 21.6% in its most recent reported period. Listed peers in this segment include Thermax Limited (P/E 58.13x) and Praj Industries Limited (P/E 34.57x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

On our data-signal score, the combined signals for this issue currently read strong — the composite picture tilts positive, though not without some caveats. This is a summary of public data, not a recommendation to apply or skip. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of SFC Environmental Technologies IPO is Rs 313 to Rs 330 per share. Face value is Rs 2 per share.

The total issue size of SFC Environmental Technologies IPO is Rs 668 crore, comprising fresh issue of Rs 150 crore and offer for sale (OFS) of Rs 518 crore.

The lot size of SFC Environmental Technologies IPO is 45 shares. The minimum application is 1 lot (45 shares), requiring an investment of Rs 14,850. Maximum retail application is 13 lots (585 shares, approx Rs 1,93,050).

SFC Environmental Technologies IPO opens for subscription on October 27, 2026 and closes on October 29, 2026. Anchor investor bidding is scheduled for October 26, 2026.

The expected allotment date for SFC Environmental Technologies IPO is October 30, 2026. Refunds for unsuccessful applicants are expected on November 02, 2026. Shares are scheduled to be credited to demat accounts on November 02, 2026.

SFC Environmental Technologies IPO is scheduled to list on November 03, 2026 on both BSE and NSE.

The current GMP (Grey Market Premium) of SFC Environmental Technologies IPO is +Rs 31 (+9.4% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

The registrar for SFC Environmental Technologies IPO is MUFG Intime India Pvt.Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for SFC Environmental Technologies IPO are IIFL Capital Services Ltd., JM Financial Ltd., Nuvama Wealth Management Ltd.

The promoter(s) of SFC Environmental Technologies are Sandeep Sudhakar Asolkar, Priya Sandeep Asolkar and Saketchandrasingh Pratapsingh Dhandoriya.

You can apply for SFC Environmental Technologies IPO online before 29 Oct 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 14,850 for 1 lot (45 shares). Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for SFC Environmental Technologies in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 45 shares each) and bid at the cut-off price, so your bid stays valid wherever in the band the final price is set. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Our data-signal score currently reads Strong Signals for SFC Environmental Technologies IPO (61/100), combining GMP trend, subscription demand, valuation against listed peers and financial health. The full breakdown is on this page, and our How We Score IPOs guide explains the method. This is a summary of public data, not investment advice or a recommendation to apply. Read the RHP and consult a SEBI-registered investment adviser before investing.

SFC Environmental Technologies IPO GMP — What It Means

How much weight does a GMP like this carry? Of the 32 Mainboard IPOs we have tracked with a final GMP under 10%, 19 listed above the issue price, and the typical gap between the GMP-implied and the actual listing gain was 4.2 points. Read it as a guide to direction, not a price target — and alongside subscription demand and the company's fundamentals.

See the full SFC Environmental Technologies GMP history and trend, or learn how grey market premium works and how reliable it is.

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