SFC Environmental Technologies Shares List at ₹355.10 on NSE, 7.61% Premium to IPO Price

SFC Environmental Technologies Ltd. shares made their stock market debut on Tuesday, November 3, 2026, listing at ₹355.10 per share on the National Stock Exchange (NSE), representing a premium of 7.61% over the IPO issue price of ₹330 per share. The company's equity shares also commenced trading on the Bombay Stock Exchange (BSE), opening at ₹354.05 per share, a premium of 7.29%.

The stock opened ₹25.10 above the issue price on NSE. Investors who received shares through the IPO allotment recorded a gain at the opening price, before applicable transaction charges and taxes. Following the listing, SFC Environmental Technologies shares traded at ₹426.10 as of 11:24 AM IST, with an intraday high of ₹426.10 and a low of ₹355.10, according to the supplied market snapshot.

The listing followed the company's ₹667.53 crore initial public offering, which opened for subscription on October 27, 2026, and closed on October 29, 2026. The public issue received an overall subscription of 9.47 times, with the Qualified Institutional Buyers (QIBs) category recording the highest subscription at 18.81 times. The IPO price band was fixed at ₹313 to ₹330 per share.

SFC Environmental Technologies Ltd. operates in India's environmental engineering and wastewater management industry. The company provides technology-based solutions for wastewater treatment, wastewater recycling and reuse, and solid waste treatment, serving municipal bodies, industrial customers and infrastructure projects.

SFC Environmental Technologies IPO Listing Details

SFC Environmental Technologies IPO was a ₹667.53 crore book-built issue comprising a fresh issue of approximately 45.45 lakh equity shares aggregating to ₹150 crore and an offer for sale of 1,56,82,750 equity shares aggregating to ₹517.53 crore.

The proceeds from the fresh issue will be received by SFC Environmental Technologies, while the proceeds from the offer for sale will accrue to the selling shareholders after applicable expenses. The company will not receive proceeds from the shares sold through the OFS component.

The IPO price band was fixed at ₹313 to ₹330 per equity share, with a minimum application lot of 45 shares. At the upper end of the price band, the minimum investment required from an Individual Investor was ₹14,850.

The IPO opened for subscription on October 27, 2026, and closed on October 29, 2026. The basis of allotment was scheduled for October 30, followed by the initiation of refunds and credit of shares to successful applicants' demat accounts on November 2, 2026.

The offering included an anchor investor allocation ahead of the public subscription period. Approximately 60.68 lakh shares were allocated to anchor investors, representing an allocation of around ₹200.26 crore at the upper issue price.

The company proposed to utilise ₹42.23 crore from the fresh issue proceeds towards repayment or prepayment of certain outstanding borrowings of the company and its wholly owned subsidiary, Vasudha Waste Treatment Private Limited. Another ₹74.92 crore was earmarked for working capital requirements, while the remaining proceeds were allocated towards general corporate purposes.

The QIB category recorded the highest subscription among the main investor categories at 18.81 times, followed by Non-Institutional Investors at 12.81 times. The Individual Investors category was subscribed 2.71 times.

On November 3, 2026, SFC Environmental Technologies shares listed at ₹355.10 on NSE, representing a premium of 7.61% over the issue price. Following the opening, the stock traded at ₹426.10 as of 11:24 AM IST, reflecting an increase of 29.12% compared with the IPO price.

• Issue Price: ₹330 per share

• NSE Listing Price: ₹355.10 per share

• BSE Listing Price: ₹354.05 per share

• NSE Listing Premium: 7.61%

• BSE Listing Premium: 7.29%

• Trading Price: ₹426.10 per share

• Overall Subscription: 9.47 times

• Issue Size: ₹667.53 crore

• Fresh Issue: ₹150 crore

• Offer for Sale: ₹517.53 crore

• Price Band: ₹313 to ₹330 per share

• Lot Size: 45 shares

• Minimum Investment: ₹14,850

• IPO Open Date: October 27, 2026

• IPO Close Date: October 29, 2026

• Listing Date: November 3, 2026

• Exchange: NSE and BSE

First-Day Trading Performance

SFC Environmental Technologies share price began trading above its IPO issue price on November 3, 2026, with the stock recording a listing premium of 7.61% on NSE.

Listing Price: On NSE, the stock opened at ₹355.10 per share, compared with the IPO issue price of ₹330, resulting in a premium of ₹25.10 per share, or 7.61%.

The opening price placed SFC Environmental Technologies shares above the upper end of the IPO price band of ₹330. The stock subsequently traded at ₹426.10, remaining above its issue price at the reported intraday snapshot.

Listing Return: Investors allotted one lot of 45 shares at the issue price of ₹330 invested ₹14,850. At the NSE listing price of ₹355.10, the value of one lot stood at ₹15,979.50, representing a gain of ₹1,129.50 before applicable charges and taxes.

At the reported trading price of ₹426.10, the corresponding lot value stood at ₹19,174.50, translating into a gain of ₹4,324.50 over the original application amount, before charges and taxes.

Opening Performance: Following the debut, SFC Environmental Technologies shares touched an intraday high of ₹426.10, representing an increase of ₹96.10 per share, or 29.12%, over the IPO issue price.

The stock recorded an intraday low of ₹355.10, which was ₹25.10, or 7.61%, above the issue price. The difference between the intraday high and low stood at ₹71 per share.

As of 11:24 AM IST, the stock traded at ₹426.10, ₹71 above its NSE listing price. The reported trading price represented an increase of ₹96.10, or 29.12%, over the IPO issue price.

The stock recorded trading volume of 1,69,39,511 shares on NSE at the reported snapshot. The supplied listing report placed the company's market capitalisation at approximately ₹3,468.16 crore following its debut.

The opening premium followed an IPO that received 9.47 times overall subscription. Institutional investors recorded the highest subscription among the main investor categories, with the QIB portion subscribed 18.81 times, while the NII category attracted 12.81 times subscription.

SFC Environmental Technologies IPO Subscription Status

The SFC Environmental Technologies IPO received an overall subscription of 9.47 times by the close of bidding on October 29, 2026.

The public issue attracted bids for 13,41,12,240 shares against 1,41,59,744 shares available for subscription, excluding the anchor investor portion.

Qualified Institutional Buyers recorded the highest subscription among the main investor categories at 18.81 times, followed by Non-Institutional Investors at 12.81 times. The Individual Investors category was subscribed 2.71 times.

The QIB category received bids exceeding 18 times the shares reserved for institutional investors, while the NII category attracted bids exceeding 12 times its allocation.

Individual Investors also subscribed more than twice their reserved portion, with the category recording final subscription of 2.71 times.

About SFC Environmental Technologies Ltd.

SFC Environmental Technologies Limited is an Indian environmental engineering company established in 2005. The company specialises in wastewater treatment, wastewater recycling and reuse, and solid waste treatment solutions for municipal, industrial and infrastructure applications.

The company provides technology-driven environmental infrastructure solutions covering the design, engineering, installation and commissioning of wastewater and waste management systems. Its projects support sewage treatment, industrial effluent treatment and the recovery and reuse of treated water.

SFC Environmental Technologies operates across wastewater treatment, wastewater recycling and reuse, solid waste treatment and automation-related business segments. Its operations combine engineering services with proprietary technologies and project execution capabilities.

One of the company's principal technologies is C-Tech, which is used in wastewater treatment applications. The technology supports sewage treatment operations through controlled biological treatment processes designed to reduce pollutants in wastewater.

The company also provides wastewater recycling and reuse solutions involving membrane-based and other advanced treatment technologies. These systems are used where treated wastewater is required for industrial processes, non-potable applications and other reuse requirements.

In solid waste treatment, SFC Environmental Technologies participates in projects involving waste processing and associated environmental infrastructure. Its activities also include automation systems used to monitor and control treatment operations.

The company serves municipal authorities, government-linked infrastructure projects and industrial customers. Its business involves the execution of environmental engineering contracts and the supply of specialised treatment systems.

The company's IPO comprised both a fresh issue and an offer for sale. The listing on NSE and BSE provides a public trading platform for SFC Environmental Technologies' equity shares following the completion of its ₹667.53 crore initial public offering.