Environmental Technology - Wastewater & Solid Waste Treatment - Listed on 03 November 2026
SFC Environmental Technologies (Environmental Technology - Wastewater & Solid Waste Treatment) closed its IPO window in 2026 and listed on NSE and BSE on 03 November 2026 at an upper band issue price of Rs 330, opening at Rs 355.1 for a listing gain of +7.6% and closing day one at Rs 426.1 (+29.1% on closing basis). The IPO was subscribed 9.47x overall - QIB 18.81x, HNI/NII 12.81x, Retail 2.71x. The total issue size was Rs 667.53 Cr (Fresh Issue Rs 150 Cr, OFS Rs 517.53 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Environmental Technology - Wastewater & Solid Waste Treatment
SFC Environmental Technologies is an environmental technology company providing engineering solutions and equipment for wastewater and solid-waste treatment. Its work includes design, technology, manufacturing, supply, installation supervision and commissioning of treatment systems for municipal and industrial clients.
Issue structure, listing outcome and context
The ₹667.53 crore IPO comprised a ₹150 crore fresh issue and an offer for sale of approximately ₹517.53 crore, priced at ₹330 per share at the upper end of the ₹313 to ₹330 price band. The shares listed on NSE at ₹355.10 on 3 November 2026, a 7.61% premium to the issue price. The issue was subscribed 9.47 times overall, with QIB, NII and retail portions subscribed 18.81 times, 12.81 times and 2.71 times respectively. User-provided Day 3 GMP was 7.3% and IPOGyani AI prediction was 4.7%.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 15.5 | +4.70% |
| Day 2 | Rs 26 | +7.90% |
| Day 3 | Rs 24.09 | +7.30% |
| Day 4 | Rs 19 | +5.80% |
| Day 5 | Rs 19 | +5.80% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Prediction Accuracy: 2.9 pp (Highly accurate)
How the broader market moved around the SFC Environmental Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
SFC Environmental Technologies IPO listed at +7.6% versus the upper issue price of Rs 330 on 03 November 2026.
SFC Environmental Technologies IPO was subscribed 9.47x overall. QIB portion was subscribed 18.81x, HNI / NII 12.81x and Retail 2.71x.
IPO GMP started at Rs 15.5 on Day 1 and moved to Rs 19 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.