SFC Environmental Technologies IPO - Date, Price Band & Details

SFC Environmental Technologies Limited was incorporated as SFC Environmental Technologies Private Limited on March 29, 2005, and was converted into a public limited company on August 13, 2024. It is headquartered in Navi Mumbai, Maharashtra, and works in the environmental technology sector, covering wastewater and solid waste treatment.

The company provides design, technology, manufacturing, supply, installation, commissioning and operation and maintenance services for wastewater treatment, wastewater recycling and reuse, and solid waste treatment plants. Its wastewater treatment business uses a proprietary sequencing batch reactor (SBR) process called C-Tech to treat sewage and industrial effluents. In solid waste treatment, it uses a proprietary process called OREX to separate biodegradable organic waste from mixed municipal waste, and it operates two integrated facilities in Goa under a public-private partnership, with a combined capacity of 425 tonnes per day. Effective July 30, 2025, it acquired an 80% stake in IST-Anlagenbau GmbH, a German manufacturer of solar sludge dryers, which became its subsidiary. The company serves municipal, industrial and infrastructure clients on a business-to-business basis and is led by Mandar Dinkar Desai as Chief Executive Officer.

This is a mainboard IPO, proposed to be listed on the NSE and BSE. As per the updated DRHP, the issue comprises a fresh issue of equity shares of face value Rs 2 each aggregating up to Rs 150 crore, along with an offer for sale of up to 1.23 crore equity shares by existing shareholders. The issue size and price band have not yet been announced. MUFG Intime India Private Limited is the registrar of the issue.