SFC Environmental Technologies Ltd. IPO Details
SFC Environmental Technologies Ltd. was incorporated on March 29, 2005. The company is an environmental technology provider specializing in efficient wastewater and solid waste treatment solutions. The company's core operations include design, technology, manufacturing, supply, and supervision for wastewater treatment equipment installation and commissioning
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 12.3 M | - | - | ₹1,500.0 M | DRHP DOC |
SFC Environmental Technologies issue details
SFC Environmental Technologies has 12.3 M shares on offer
SFC Environmental Technologies IPO issue size is ₹ 1,500.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
SFC Environmental Technologies IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
SFC Environmental Technologies NUMBER OF SHARES ON OFFER
SFC Environmental Technologies FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 697.9 | 152.0 | 65.5 | 51.9 | 29.7% |
| FY24 | 657.5 | 144.2 | -11.7 | -35.9 | 29.4% |
| FY23 | 519.4 | 94.8 | 30.4 | 19.2 | 23.9% |
SFC Environmental Technologies INFORMATION ON IPO ISSUE
About SFC Environmental Technologies
SFC Environmental Technologies Ltd. was incorporated on March 29, 2005. The company is an environmental technology provider specializing in efficient wastewater and solid waste treatment solutions. The company's core operations include design, technology, manufacturing, supply, and supervision for wastewater treatment equipment installation and commissioning
Object of the Issue
- Prepayment of all or a portion of certain outstanding borrowings availed by the company and its wholly-owned subsidiary, Vasudha Waste Treatment
- Funding working capital requirements
- General corporate purposes
SFC Environmental Technologies - PROMOTERS
| Name |
|---|
| Sandeep Sudhakar Asolkar |
| Priya Sandeep Asolkar |
| Saketchandrasingh Pratapsingh Dhandoriya |
SFC Environmental Technologies - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sandeep Sudhakar Asolkar | Chairman & Managing Director |
| Chandrakant Vallabhaji Gogri | Non-Executive Director |
| Sarvesh Kumar Garg | Executive Director |
| Saketchandrasingh Pratapsingh Dhandoriya | Additional Executive Director |
| Neha Rajen Gada | Additional Non-Executive Independent Director |
| Satish Chandrashekhar Deshpande | Additional Non-Executive Independent Director |
| Nandkishor Trivikram Joshi | Additional Non-Executive Independent Director |
| Dilip Damodar Karambelkar | Additional Non-Executive Independent Director |
SFC Environmental Technologies Book Running Lead Manager
IIFL Capital Services Limited
sfc.ipo@iiflcap.com
JM Financial Limited
sfc.ipo@jmfl.com
Nuvama Wealth Management Limited
sfc.ipo@nuvama.com
SFC Environmental Technologies Registrar to the Offer
Link Intime India Private Limited
sfcenvironmental.ipo@linkintime.co.in
SFC Environmental Technologies Strengths
Technology driven
With 621 installations, primarily in sewage treatment plants (STPs), the company holds over 80% market share in SBR technology, a leading wastewater treatment method in India
In-house technology
The company's in-house technologies, including C-Tech and OREX, are crucial to its growth. C-Tech, a proprietary technology, offers significant cost, space, and environmental benefits over conventional systems
Strong order book
The company has built strong, long-term relationships with customers, demonstrated by recurring business engagements. Continuous service to prominent industry players highlights the trust in its expertise and reliable solutions
SFC Environmental Technologies Risks
Dependent on technology
The company’s revenues and operations depend on technology. Failure to innovate, upgrade, or develop new technologies could negatively impact operations, and inability to adapt to technological advancements could harm competitiveness
Dependent on few customers
A significant portion of revenue comes from the top 10 customers, and the lack of long-term contracts with most of them poses a risk. If any of these customers choose to stop sourcing from the company or terminate contracts, it could adversely affect the business and financial condition
Under-utilization of capacities
Under-utilization of manufacturing and waste treatment capacities could negatively impact the business, prospects, and future financial performance
IPO FAQs
The promoters of the company are Sandeep Sudhakar Asolkar, Priya Sandeep Asolkar and Saketchandrasingh Pratapsingh Dhandoriya.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.