Cyril Amarchand Mangaldas acted as the Indian legal counsel to BRLMs on the initial public offering of SFC Environmental Technologies Limited. The IPO and the pre-IPO portion aggregated to INR 7,585.31 million.
SFC Environmental Technologies Limited is an environmental technology company offering efficient technologies and comprehensive engineering solutions in the field of wastewater treatment, wastewater recycling & reuse and solid waste treatment.
IIFL Capital Services Limited (formerly known as IIFL Securities Limited), JM Financial Limited and Nuvama Wealth Management Limited acted as BRLMs to the IPO.
The transaction was led by Ravi Dubey, Partner (Regional Co-Head – Capital Markets – West); and Anshul Roy, Partner; with the support from Esha Gupta and Sakshi Sharma, Senior Associates; Aniruddh Saraswat, Anomitra Debnath, Archit Jain, Harshita Pareek, Akshita Dhawan and Vadita Agarwal, Associates.

