IFCI Share Price Jumps 28% in 2 Sessions: Why Is the NSE IPO Buzz Driving the Rally?

IFCI share price surged around 6.85% to an intraday high of ₹90.43 each on the BSE on June 15, extending gains for the 2nd consecutive session amid growing optimism surrounding the National Stock Exchange's (NSE) proposed initial public offering (IPO). 

NSE IPO Expectations Boost Sentiment 

Investor sentiment remained positive amid reports that the National Stock Exchange could submit its Draft Red Herring Prospectus (DRHP) for its IPO to SEBI soon. 

Earlier this year, SEBI granted a no-objection certificate (NOC) for the proposed listing, removing a major regulatory hurdle. 

Why IFCI Share Price Is in Focus 

The state-owned financial institution holds a 52.86% stake in Stock Holding Corporation of India (SHCIL), which in turn owned a 4.4% stake in the NSE as of the December quarter. 

This indirect exposure to the country's largest stock exchange has made IFCI one of the stocks closely tracked amid developments related to the NSE IPO. 

IFCI Share Price Performance 

IFCI share price touched a new 52-week high of ₹90.43 during Monday's trading session. The stock also witnessed a spurt in trading volumes of more than 1.15 times compared to its average activity. 

As of 11:12 AM, IFCI share price was trading at ₹88.57 apiece, up 4.66% on the BSE. 

The stock has rallied 39.96% over the past 1 month while 28% in just 2 sessions. On a year-to-date basis in 2026, the stock has advanced 66.97%, and over the last 3 years, it has generated returns of 645.25%. 

The company currently has a market capitalisation of around ₹23,979.40 crore. 

Read More: NSE IPO Update: Temasek, LIC & Canadian Pension Fund Among 20 Investors to Sell Stakes Worth $2.75 Billion 

Conclusion 

IFCI share price remained in focus on June 15 as optimism surrounding the expected NSE IPO filing supported buying interest in the stock. The company's indirect stake in the NSE through Stock Holding Corporation of India has kept investor attention on the counter amid developments related to the exchange's proposed public listing. 

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