Economic TimesLean R·
SFC Environmental Technologies lists at nearly 8% premium
Shares of SFC Environmental Technologies made a decent stock market debut on Tuesday, listing at nearly 8% premium to the IPO price of Rs 330. The stock opened at Rs 355.10 on the NSE and Rs 354 on the BSE.The Rs 667.53-crore IPO comprised a fresh issue of 45.45 lakh shares aggregating to Rs 150 crore and an offer for sale (OFS) of 1.57 crore shares worth Rs 517.53 crore. While the company will receive the proceeds from the fresh issue, the OFS component will allow existing shareholders to part…
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