Khaitan & Co and Cyril Amarchand Mangaldas (CAM) advised on SFC Environmental Technologies’ IPO.
SFC Environmental Technologies Limited, an environmental technology company offering efficient technologies and comprehensive engineering solutions in the field of wastewater treatment, wastewater recycling and reuse, and solid waste treatment, undertook an initial public offering (IPO) comprising a fresh issue and an offer for sale aggregating to INR 6,675.31 million.
The IPO and the pre-IPO portion aggregated to INR 7,585.31 million.
IIFL Capital Services Limited (formerly known as IIFL Securities Limited), JM Financial Limited and Nuvama Wealth Management Limited acted as book-running lead managers (BRLMs) to the IPO.
Khaitan & Co advised SFC Environmental Technologies Limited on its IPO.
The deal team consisted of Gautham Srinivas, Sathvik Ponnappa, Pulkit Singh Rahangdale, Mainak Pani, Sarvesh Sharma, Vidushi Tanya and Rishav Khetan.
Cyril Amarchand Mangaldas acted as the Indian legal counsel to the BRLMs on the initial public offering of SFC Environmental Technologies Limited.
The transaction was led by Partner (Regional Co-Head – Capital Markets – West) Ravi Dubey and Partner Anshul Roy, with support from Senior Associates Esha Gupta and Sakshi Sharma, and Associates Aniruddh Saraswat, Anomitra Debnath, Archit Jain, Harshita Pareek, Akshita Dhawan and Vadita Agarwal.
