SFC Environmental Technologies Limited
Promoters Sandeep Sudhakar Asolkar · Priya Sandeep Asolkar · Saketchandrasingh Pratapsingh Dhandoriya
Against an issue price of ₹330. Split- and bonus-adjusted official closes — a past move, never a forecast.
SFC Environmental Technologies Limited raised ₹668 crore through a mainboard initial public offer.
The filing places it in Industrial Products and names three promoters: Sandeep Sudhakar Asolkar, Priya Sandeep Asolkar and Saketchandrasingh Pratapsingh Dhandoriya.
The book was open from 27 October 2026 to 29 October 2026.
The issue was priced at ₹330 a share, from a band of ₹313 to ₹330.
Of the offer, ₹150 crore is a fresh issue of shares — money that goes to the company — and ₹518 crore is an offer for sale, which goes to existing shareholders selling down. Valued at the final issue price.
The issuer reported the offer subscribed 9.00 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.
1.59 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.
The shares listed on 3 November 2026.
The last official close on file is ₹412 (5 November 2026), which is 24.8% above the issue price.
It now trades as SFCTECH, and its filed financials are on its company page.
Shares sold in the issue at ₹330 last closed at ₹411.95.
See SFCTECH’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
Share counts converted at ₹330, the final issue price.
- How it was priced
- Book-built — the price was discovered inside a band from the bids received
- Listing sought at
- BSE And NSE
- Designated exchange
- NSE
- Discount
- None offered
- Registered office
- Western India
- Company website
- www.sfcenvironment.com
- Registrar
- MUFG Intime India Private Limited
- Lead managers
- IIFL Capital Services Limited
- JM Financial Limited
- Nuvama Wealth Management Limited
- Bidding opens27 Oct 2026
- Bidding closes29 Oct 2026
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing3 Nov 2026
This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.
A snapshot WE took while the book was still open, not the final figure. It is earlier than the filed number above and can only be lower — never quote the two as one measurement. Taken 30 Oct 2026, 7:00 pm IST.
- Anchor investors30.0%60,68,460 sh
- Qualified institutional buyers20.0%40,45,641 sh
- Non-institutional investors15.0%30,34,231 sh
- Retail individual investors35.0%70,79,872 sh
No part of the offer was set aside for market maker, reserved portion or other.
The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.
Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.
The columns are near-identical because they are: demand falls only 0.14% between ₹313 and ₹330, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.
These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.
How much of the demand falls away between the bottom and the top of the band.
Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.
We have not extracted an anchor allotment list for this issue.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment3 Dec 202650% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment1 Feb 202750% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment3 May 2027whole tranche releases on this date
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment3 May 2028whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
What the company says it will do with the money it raises. Only the fresh-issue portion reaches the company; anything raised through an offer for sale goes to the shareholders selling.
- Total—
Figures as filed by the issuer in its offer document.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| Ion Exchange (India) Limited (“Ion”)not in our universe | — | — | 11.2% | 12.03 | ₹29,148 cr |
| Praj Industries Limited (“Praj”)not in our universe | — | — | 1.8% | 1.30 | ₹31,679 cr |
| Thermax Limited (“Thermax”)not in our universe | — | — | 13.7% | 63.95 | ₹1,06,942 cr |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
IIFL Capital Services Limited 2024 – 2026 | 37 20 measurable | +21.1% | 8 of 16 | 0 of 2 | 0 of 2 |
JM Financial Limited 2021 – 2026 | 75 24 measurable | +13.3% | 10 of 21 | 2 of 5 | 0 of 3 |
Nuvama Wealth Management Limited 2023 – 2026 | 22 7 measurable | +6.1% | 1 of 2 | 0 of 1 | 0 of 1 |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Mufg Intime India Private Limited 2025 – 2026 | 90 29 measurable | +13.2% | 7 of 24 | 1 of 4 | 2 of 6 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive30 Oct 2026
- Red herring prospectus (RHP)· ZIP · exchange archive
- Draft red herring prospectus (DRHP)· PDF · exchange archive25 Aug 2025
- Draft red herring prospectus (DRHP)· ZIP · exchange archive2 Dec 2024
- Draft red herring prospectus (DRHP)· PDF · exchange archive2 Dec 2024
- Abridged prospectus· PDF · exchange archive22 Oct 2026
- Anchor investor allotment· ZIP · exchange archivePARSE_FAILED
- Financial ratios advertisement· ZIP · exchange archive
- Listing filing (XBRL)· XML · exchange archive
- In-principle approval (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.