Mumbai-based SFC Environmental Technologies files DRHP for IPO
Mumbai-based environmental technology company involved in wastewater treatment and solid waste treatment company; SFC Environmental Technologies has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The offer, with a face value of Rs 2, is a mix of fresh issue of shares up to Rs 150 crore and an offer-for-sale up to 12,307,500 shares by promoters and other selling shareholders. The promoters selling shares are Sandeep Sudhakar Asolkar and Saketchandrasingh Pratapsingh Dhandoriya. Other selling shareholders are Sarvesh Kumar Garg, Sandeep Sambhaji Parab, Rajesh Kesavan Nambisan, Veera Venkata Satyanarayana Yannamani, Jaya Chandrakant Gogri, Jayshree Harit Shah, Hardik Suresh Matalia, Parag Bipinchandra Shah and Kumaraguru Madurakavi. The offer also includes a subscription reservation by eligible employees, and a discount is being offered to eligible employees ...