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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 :
Website :
www.sfcenvironment.com
Initial public offering of up to 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 up to Rs. 667.53 Crores ("Offer"). The offer comprises a fresh issue of up to 4,545,454 equity shares (of face value of Rs. 2 each) aggregating up to Rs. 150.00 Crores by the company ("Fresh Issue") and an offer for sale of up to 15,682,750 equity shares of face value of Rs. 2 each ("Offered Shares") aggregating up to Rs.517.53 Crores, comprising of up to 934,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 30.82 Crores by Sandeep Sudhakar Asolkar (held Jointly with Priya Sandeep Asolkar), up to 3,736,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 123.29 Crores by Saketchandrasingh Pratapsingh Dhandoriya, (the "Promoter Selling Shareholders") up to 3,565,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 117.65 Crores by Sarvesh Kumar Garg, up to 2,136,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 70.49 Crores by Sandeep Sambhaji Parab, up to 2,136,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 70.49 Crores by Rajesh Kesavan Nambisan, up to 2,136,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 70.49 Crores by Kumaraguru Madurakavi, up to 933,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 30.79 Crores by Veera Venkata Satyanarayana Yannamani, up to 70,000 equity shares of face value of Rs. 2 each aggregating up to Rs. 2.31 Crores by Jayshree Harit Shah (held Jointly with Harit Pragji Shah), up to 36,750 equity shares of face value of Rs. 2 each aggregating up 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 shall constitute [*] % of the post-offer paid up equity share capital of the company. In accordance with and subject to regulation 33 of the sebi icdr regulations, the offer may include a reservation of up to [*] equity shares (of face value of Rs.2/- each), aggregating up to Rs.[*] crores (constituting up to [*]% of the post offer paid-up equity share capital of the company), for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the company. the company, in consultation with the book running lead managers, may offer a discount of up to [*]% (equivalent to Rs.[*] per equity share) to the offer price to eligible employees bidding under the employee reservation portion ("employee discount"). 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. 313 to Rs. 330 per equity share of face value of Rs. 2 each. The floor price is 156.50 times the face value of the equity shares and the cap 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
Opens On
Closes On
27-Oct-26
29-Oct-26
Money Payable On
Application
Allotment
313.00
0.00
Minimum Application for shares in Nos : 45 Further Multiples of : 45
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
0.00
IIFL Capital Services Ltd
Project Financed through Current Offer (
.Cr)
640.87
Post Issue Equity Share Capital (
.Cr)
19.59
Issue Price (
)
313.00
Projects
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 Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || 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. || 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.