15/6/2026, 11:16:01 am

IFCI shares surge 27% amid NSE IPO buzz

IFCI shares surged up to 5.2% to Rs 89 on the BSE, ending a 27% gain over two days. The boost comes from growing optimism about National Stock Exchange (NSE) filing its IPO papers with SEBI, in which IFCI holds a 52.86% stake through Stock Holding Corporation of India. The proposed public issue is expected to be one of India's largest IPOs.