The NSE filed draft red herring prospectus with SEBI for its much-awaited IPO and it is expected to be one of the biggest in recent times, with an estimated size of over Rs 10,000 crore.
IFCI Ltd holds around 3.05 percent shares in the exchange. It is currently trading at Rs 27.6, up by Rs 2.9 or 11.74% from its previous closing of Rs 24.7 on the BSE, effectively on NSE filed its draft prospectus for a Rs 10,000-crore IPO of equity with the SEBI. Earlier today IFCI Ltd breached Upper Circuit of Rs. 27.15. Also, there was considerable spurt in volume by more than 1.52 times in the number of stocks in trading today.
The scrip opened at Rs 27.15, has touched a high of Rs 27.5 and low of Rs 26.4. So far 21387055 (NSE+BSE) shares have been traded on the counter. The current market cap of the company is Rs 4105.24 crore.
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