IFCI Ltd plans to sell its 5.44 per cent stake in the National Stock Exchange, the nation’s largest bourse, within two months, according to two company officials with direct knowledge of the matter. IFCI, which initially held a 12.44 per cent stake in the Mumbai-based bourse, sold seven per cent to Goldman Sachs Group Inc, NYSE Group Inc, General Atlantic LLC and Softbank Asian Infrastructure Fund in 2007.
The financier expected to raise about Rs 6,000 crore ($128 million) from the latest sale, the second company official said. That would value the exchange at about $2.4 billion.
crackcrack| Company Name | CMP |
|---|---|
| Power Finance Corp | 464.85 |
| REC | 373.35 |
| Indian Railway Fin. | 104.85 |
| NHIT | 151.00 |
| Satin Creditcare | 174.75 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: