Qualified Institutional Buyers (QIB) Portion and Non-Institutional investors Portion were subscribed 18.81 times and 12.81 times, respectively. Retail Portion was subscribed 2.70 times
FinTech BizNews Service
Mumbai, October 29, 2026: The Initial Public Offering of SFC Environmental Technologies Limited was subscribed 9.47 times on the final day of bidding
The issue received bids of 13,41,12,240 equity shares against the offered 1,41,59,744 equity shares, according to data available on the stock exchanges.
Qualified Institutional Buyers (QIB) Portion and Non-Institutional investors Portion were subscribed 18.81 times and 12.81 times, respectively. Retail Portion was subscribed 2.70 times.
The IPO, with a face value of Rs 2, was a fresh issue up to Rs 150 crore, and an offer for sale for up to 15,682,750 shares by promoters - Sandeep Sudhakar Asolkar (held jointly with Priya Sandeep Asolkar) and Saketchandrasingh Pratapsingh Dhandoriya.
About the Company
SFC Environmental Technologies Limited Incorporated in 2005, the company is an environmental technology company offering efficient technologies and comprehensive engineering solutions in the field of wastewater treatment (WWT), wastewater recycling and reuse (WRR) and solid waste treatment (SWT).
It’s core operations include providing design, technology, manufacturing, supply and supervision for installation and commissioning of equipment for the treatment of waste water. Its proprietary technology for waste water treatment is C-Tech, which is an advanced technology for treating sewage and effluents (Source - F&S Report).
