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IFCI Limited is a non-banking financial company incorporated in 1993, originally as The Industrial Finance Corporation of India Limited. It provides financial support for industrial growth across various sectors, including airports, roads, telecom, power, real estate, manufacturing, and services. The company offers project financing, infrastructure development, debt and equity underwriting, venture capital, stock broking, merchant banking, factoring, asset reconstruction, and advisory services. IFCI's financial products include short-term and long-term loans, lease financing, and structured products. It serves as a Nodal Agency for monitoring Sugar Development Fund loans and for the Credit Enhancement Guarantee Scheme for Scheduled Castes Entrepreneurs. The company operates through regional offices across India and has several subsidiaries and associate companies. In 2015, IFCI became a Government Company when the Government of India increased its shareholding to 51.04%.
In the news

IFCI shares hit 52-week high at ₹101.66, experts eye ₹120 target

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IFCI surges 7.22% to 52-week high, outperforms broader market

IFCI surges 30% in 3 days, hits fresh record high on NSE IPO buzz

IFCI shares surge 11% on NSE IPO optimism

IFCI shares surge 9% on NSE IPO NOC approval

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IFCI shares surge 12% to emerge top NIFTY Smallcap gainer
Company insights, generated from the most recent coverage.
Government confirmed no encumbrance on IFCI shares for FY26, providing investor confidence in promoter holding stability.
New Deputy MD Manikumar Sivaramakrishnan appointed in April 2026 and government confirmation of no share encumbrance have improved governance confidence.
IFCI surging as indirect NSE IPO proxy: owns 52.66% of SHCIL, which holds 4.4% in NSE. Potential offload of ~0.44% stake could fetch SHCIL ~₹2,200 crore at ₹5 lakh crore NSE valuation.