return to news
  1. IFCI shares rally 8% as firm monetises stake in NEDFi worth ₹122 crore; details here

Market News

IFCI shares rally 8% as firm monetises stake in NEDFi worth ₹122 crore; details here

Ahana Chatterjee - image.jpg

3 min read | Updated on December 31, 2025, 11:12 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

At 11 AM, IFCI shares were trading at ₹53.89 apiece on the National Stock Exchange, gaining 6.84%. The company has a market capitalisation of ₹14,516.97 crore

Stock list

In July this year, IFCI had sought the government's go-ahead for the consolidation of its various group entities, including the broking business. | Image: Shutterstock

In July this year, IFCI had sought the government's go-ahead for the consolidation of its various group entities, including the broking business. | Image: Shutterstock

Shares of IFCI gained as much as 8% to touch an intraday high of ₹54.50 apiece on Wednesday, December 31. The company has monetised its 40% equity stake in North Eastern Development Finance Corporation Ltd (NEDFi).
Open FREE Demat Account within minutes!
Join now

The stake consisted of 1 crore shares that IFCI had originally bought for ₹10 crore. The state-owned company sold these shares for ₹121.77 crore.

“This is to inform that IFCI has monetised its -40% equity stake (comprising 10,000,000 equity shares with a cost of Rs 10 crore) in North Eastern Development Finance Corporation Ltd. (NEDFi) for a total consideration of Rs 121.77 crore,” the company said in a regulatory filing.

In July this year, IFCI had sought the government's go-ahead for the consolidation of its various group entities, including the broking business. IFCI Limited (the consolidated entity) also proposed to remain as a non-banking financial company (NBFC).

Based on the in-principle approval received from the Government of India to consider 'Consolidation of IFCI Group' dated November 22, 2024, which entailed the merger/amalgamation of IFCI and StockHolding Corporation of India and other group companies of IFCI, the company had appointed a Transaction Advisor for carrying out the consolidation process.

Under the consolidation at the company level (Merger 1), the company has proposed the consolidation of StockHolding Corporation, IFCI Factors, IFCI Infrastructure Development, and IIDL Realtors with IFCI Limited, the listed entity.

The company has also sought approval for the consolidation of StockHolding Services, IFCI Financial Services Limited, IFIN Commodities Limited, IFIN Credit Limited, and IFIN Securities Finance Limited into a single entity, which will be a direct subsidiary of IFCI Limited, i.e., the consolidated listed entity (Merger 2).

Further, according to a Moneycontrol report, the Committee on Public Undertakings (COPU), in its Twenty-Sixth Report tabled in Parliament in December 2025, urged the Finance Ministry to formulate a clear, time-bound roadmap for the revival of IFCI Limited, citing persistent financial stress and the institution’s failure to regain its regulatory status as an NBFC.

IFCI share price

At 11 AM, IFCI shares were trading at ₹53.89 apiece on the National Stock Exchange, gaining 6.84%.

Over a month’s time, the stock has risen 5%, while in the last six months, the shares have fallen 17%. Since the beginning of 2025, the stock has lost over 13%.

Shares of the firm had touched their one-year high of ₹74.50 apiece on May 29, 2025, while their 52-week low of ₹36.20 was hit on April 7, 2025.

The company has a market capitalisation of ₹14,516.97 crore.

To add Upstox News as your preferred source on Google, click here.
SIP
Consistency beats timing.
promotion image

About The Author

Ahana Chatterjee - image.jpg
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

Next Story