Gainers & Losers

YOU ARE ON :
  • HOME /
  • IPO /
  • IPO ISSUES /
  • IPO-SYNOPSIS

SFC Environmental Technologies Ltd

Registered Office: Ambience Court Hi-Tech Busines,Park, 21st Flr Sec-19D Vashi, Navi Mumbai - 400705, Maharashtra, India.
Phone : +91 22 4482 2717   Fax:
Email :  compliance@sfcenv.com  
Website :  www.sfcenvironment.com

Initial public offering of 20,228,204 equity shares of face value of Rs. 2 each ("Equity Shares") of the company for cash at a price of Rs. 330 per equity share (including a share premium of Rs. 328 per equity share) ("offer price") aggregating to Rs. 667.53 Crores ("Offer"). The offer comprised a fresh issue of 4,545,454 equity shares (of face value of Rs. 2 each) aggregating to Rs. 150.00 Crores by the company ("Fresh Issue") and an offer for sale of 15,682,750 equity shares of face value of Rs. 2 each ("Offered Shares") aggregating to Rs. 517.53 Crores, comprising of 934,000 equity shares of face value of Rs. 2 each aggregating to Rs. 30.82 Crores by Sandeep Sudhakar Asolkar (held Jointly with Priya Sandeep Asolkar), 3,736,000 equity shares of face value of Rs. 2 each aggregating to Rs. 123.29 Crores by Saketchandrasingh Pratapsingh Dhandoriya, (the "Promoter Selling Shareholders"), 3,565,000 equity shares of face value of Rs. 2 each aggregating to Rs. 117.65 Crores by Sarvesh Kumar Garg, 2,136,000 equity shares of face value of Rs. 2 each aggregating to Rs. 70.49 Crores by Sandeep Sambhaji Parab, up to 2,136,000 equity shares of face value of Rs. 2 each aggregating to Rs. 70.49 Crores by Rajesh Kesavan Nambisan, 2,136,000 equity shares of face value of Rs. 2 each aggregating to Rs. 70.49 Crores by Kumaraguru Madurakavi, 933,000 equity shares of face value of Rs. 2 each aggregating to Rs. 30.79 Crores by Veera Venkata Satyanarayana Yannamani, 70,000 equity shares of face value of Rs. 2 each aggregating to Rs. 2.31 Crores by Jayshree Harit Shah (held Jointly with Harit Pragji Shah), and 36,750 equity shares of face value of Rs. 2 each aggregating to Rs. 1.21 Crores by Hardik Suresh Matalia (the "Other Selling Shareholders", and together with the promoter selling shareholders, the "Selling Shareholders" and such offer for sale of equity shares by the selling shareholders, the "Offer For Sale"). The offer constituted 20.65% of the post-offer paid up equity share capital of the company. The company, in consultation with the brlms, may consider a further issue of specified securities as may be permitted under applicable law, at its discretion, aggregating up to Rs.30.00 crores (the "pre-ipo placement"), prior to the filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Price Band: Rs. 330 per equity share of face value of Rs. 2 each. The floor price is 165.00 times the face value of the equity shares. Bids can be made for a minimum of 45 equity shares of face value of Rs. 2 each and in multiples of 45 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
27-Oct-26 29-Oct-26 330.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 45   Further Multiples of : 45
  Rs(Cr.) Lead Managers to the Issue
Project Cost 137.47 IIFL Capital Services Ltd
Project Financed through Current Offer 667.53  
Post Issue Equity Share Capital 19.59  
Issue Price 330.00  

Project

  • Prepayment of all or a portion of certain outstanding borrowings availed by the company and its wholly owned subsidiary namely Vasudha Waste Treatment Pvt Ltd
  • Funding its working capital requirements
  • General corporate purposes

Promoted By

Sandeep Sudhakar Asolkar

Sandeep Sudhakar Asolkar (hel

Saketchandrasingh Pratapsingh

Listing At

BSE

NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.