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SFC Environmental Technologies IPOLISTED
SFC Environmental Technologies Limited provides wastewater treatment, water recycling and solid waste management solutions using proprietary environmental technologies.
Listing price
₹355.1
+7.61%
Current price
—
Not available
Issue price
₹330
Upper band
Listed on
03 Nov 26
SFCENVIRONMENTALTECHNOLOGIES
- Open27 Oct
- Close29 Oct
- Allotment30 Oct
- Refund2 Nov
- Demat2 Nov
- Listing3 Nov
Listed at
₹355.1
+7.61% on 03 Nov 26
Overview
Price band
₹313-330
Lot size
45 shares
Face value
₹2 / share
Issue type
Book Built Issue
Min. investment
₹14,850
Listing at
NSE, BSE
Issue Size : 2,09,23,520 shares worth ₹1,450 Cr
- Fresh Issue : 72,15,007 shares worth ₹500 Cr
- Offer for Sale : 1,37,08,513 shares worth ₹950 Cr
IPO Share Reservation
Total
100%
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,850 |
| Retail (Max) | 13 | 585 | ₹1,93,050 |
| S-HNI (Min) | 14 | 630 | ₹2,07,900 |
| S-HNI (Max) | 67 | 3,015 | ₹9,94,950 |
| B-HNI (Min) | 68 | 3,060 | ₹10,09,800 |
Listing performance
Listing gain
+7.61%
Gain per retail lot
₹1,129.50
Latest vs issue
—
GMP was
₹15 (+4.55%)
Latest price shows here when a live quote is available (NSE main-board stocks).
Live GMP
GMP
₹15+4.55%
Exp. listing
₹345
Retail profit
₹67545 shares
HNI profit
₹9,450630 shares
Latest GMP
₹15
All-time high
₹28
All-time low
₹15
Subscription
- QIB18.81xQIB18.81xQualified Institutional BuyersShares offered 40,45,642Shares applied 7,61,07,240Bid amount ₹2,512 Cr
- NII (HNI)12.81xNII (HNI)12.81xNon-Institutional InvestorsShares offered 30,34,231Shares applied 3,88,59,120Bid amount ₹1,282 Cr
- S-HNI9.44xS-HNI9.44xSmall HNI · ₹2L – ₹10LShares offered 10,11,410Shares applied 95,44,050Bid amount ₹315 Cr
- B-HNI14.49xB-HNI14.49xBig HNI · above ₹10LShares offered 20,22,820Shares applied 2,93,15,070Bid amount ₹967 Cr
- Retail2.71xRetail2.71xRetail Individual InvestorsShares offered 70,79,871Shares applied 1,91,66,895Bid amount ₹633 Cr
- Total9.47xTotal9.47xAll categories combinedShares offered 1,41,59,744Shares applied 13,41,33,255Bid amount ₹4,426 Cr
Financials
| Period(₹ Cr) | Revenue | Expense | PAT | Assets | Borrowing |
|---|---|---|---|---|---|
| Mar 2024 | 676.74 | 81,367.4 | -15.33 | 904.94 | 923.92 |
| Mar 2025 | 726.96 | 94,205.7 | -57.98 | 999.47 | 1,232.12 |
| Mar 2026 | 821.27 | 1,09,406 | 43.83 | 1,323.43 | 1,393.86 |
| Jun 2026 | 137.9 | 29,770.8 | 49.68 | 1,224.56 | 1,429.49 |
KPI & Valuation
Key performance indicators
- ROE
- 11.83%
- PAT Margin
- 10.38%
- ROCE
- 4.23%
- EBITDA Margin
- 23.7%
- Debt to Equity Ratio
- 3.21
- RoNW
- 11.83%
As of 30 Jun 2026
Valuation
- EPS Pre IPO
- ₹4.34
- EPS Post IPO
- ₹18.37
- P/E Pre IPO
- 159.68
- P/E Post IPO
- 37.72
Strengths & risks
Strengths
- Strong Regional Presence with 8 hospitals and 2,211 beds.
- Specialty Expertise with CONGOR contributing 74.70% of FY2026 revenue.
- Revenue Growth with 19.26% CAGR in FY2024–FY2026.
- Recognised Brand with an established presence in North India.
- Expansion Plans targeting 3,011 beds by March 2028.
Risks
- High Employee Attrition at 60.38% in FY2026.
- Expansion Risk from new hospital investments and ramp-up.
- Regional Concentration in North India and nearby regions.
- Specialty Dependence on CONGOR services for most revenue.
- Subsidiary Funding Risk due to outstanding unsecured loans.
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Prepayment or scheduled re-payment, in full or part, of certain outstanding borrowings availed by Company. | 320.9 |
| Investment in the wholly owned Subsidiary, PMHPL (which also operates hospital in Srinagar), for repayment/prepayment of borrowings, in full or part, of PMHPL. | 54.1 |
| General corporate purposes. | - |
Promoter Holdings
Company Promoter(s)
- Dharminder Kumar Nagar
Registrar & contacts
Registrar
MUFG Intime India Pvt. Ltd.
Company
SFC Environmental Technologies Ltd.
- 1 st Floor, Tower B, Paras Twin Towers, Golf Course Road, Sector 54, Gurugram, Haryana, 122002
- +91 124 430 2163
- cs@parashospitals.com
- https://www.parashospitals.com/
Lead managers
About SFC Environmental Technologies
SFC Environmental Technologies Limited is a Navi Mumbai-based environmental technology company specialising in wastewater treatment, wastewater recycling and reuse, and solid waste management. Incorporated in March 2005, the company provides technology, design, engineering, manufacturing, equipment supply, installation, commissioning and operations and maintenance (O&M) services for municipal and industrial projects.
The company operates through three core environmental business segments:
- Wastewater Treatment (WWT): Offers sewage treatment solutions using proprietary C-Tech (SBR) technology, with 728 installations and over 80% market share in India’s SBR segment as of July 2026.
- Wastewater Recycling & Reuse (WRR): Provides advanced water recycling solutions using UF, CCRO and MBR technologies, supported by an exclusive DuPont supply arrangement for selected membrane technologies in India.
- Solid Waste Treatment (SWT): Uses proprietary OREX technology to process municipal waste and recover biogas, compost and recyclables. Operates two Goa facilities with a combined capacity of up to 425 TPD and has secured CBG plant contracts in Assam and Odisha worth ₹501.70 crore.
Through its subsidiary Chavare Engineering Private Limited, the company manufactures electrical control panels and provides PLC/SCADA-based automation systems and turnkey electrical solutions.
The company's wastewater treatment technologies have been delivered for installation across 23 Indian states and five Union Territories, with international installations in countries including Germany, the UK, Australia, China, Vietnam and Malaysia.
As of August 31, 2026, the company had an aggregate order book of approximately ₹1,656.64 crore across its three core environmental business segments.