return to news
  1. Upstox
    /
  2. News
    /
  3. Market News
    /
  4. IPO
    /
  5. SFC Environmental Technologies IPO subscribed 42% so far on Day 3; check allotment date and steps

Market News

SFC Environmental Technologies IPO subscribed 42% so far on Day 3; check allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on October 29, 2026, 11:13 IST

Google
SelectUpstoxas yourPreferred news source

SUMMARY

The ₹667.53 crore SFC Environmental Technologies IPO is a combination of a fresh issue of shares valued at ₹150 crore and an offer for sale (OFS) component of up to 1.57 crore equity shares aggregating to ₹517.53 crore by promoters and existing shareholders.

SFC Environmental Technologies provides wastewater treatment solutions. | Image: sfcenvironment.com

SFC Environmental Technologies provides wastewater treatment solutions. | Image: sfcenvironment.com

Wastewater treatment solutions provider SFC Environmental Technologies' initial public offering has been subscribed 42% so far on the third day of subscription on Thursday, October 29.

Open FREE Demat Account within minutes!
Join now

It received bids for 59,96,430 shares compared to 1,41,59,744 shares on offer, according to the NSE data until 11:09 am.

The category for non-institutional investors (NIIs) garnered 81% subscription. The quota for retail investors was booked 45%, while that of qualified institutional buyers (QIBs) was subscribed 8%.

The ₹667.53 crore IPO is a combination of a fresh issue of shares valued at ₹150 crore and an offer for sale (OFS) component of up to 1.57 crore equity shares aggregating to ₹517.53 crore by promoters and existing shareholders.

The funds raised will be used to clear certain borrowings availed to the company and its wholly-owned subsidiary Vasudha Waste Treatment, working capital needs and general corporate purposes.

Incorporated in 2005, the Mumbai-based company offers wastewater treatment solutions using proprietary technologies, including C-Tech, an advanced technology for treating sewage and effluents.

Its customers include Ramky Infrastructure, EMS, SMC Infrastructures, Rajkamal Builders Infrastructure, and Enviro Infra Engineers.

IIFL Capital Services, Nuvama Wealth Management and JM Financial are the issue's book-running lead managers, while MUFG Intime India is the registrar.

SFC Environmental Technologies IPO allotment and listing date

SFC Environmental Technologies IPO allotment status is likely to be finalised on Friday, October 30. The listing on the stock exchanges will take place on November 3.

EAAA India Alternatives IPO allotment: How to check status online on NSE, BSE, MUFG Intime India; listing date, time here

How to check SFC Environmental Technologies IPO allotment status on NSE

Steps to check SFC Environmental Technologies IPO allotment status on MUFG Intime India

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

Next Story

End of additional stories