Which are the most valuable unlisted firms in India as per Hurun?
The National Stock Exchange of India (NSE) has emerged as the most valuable unlisted company in India, as per the latest report by Hurun India and Axis Bank. The report, which was released in 2024, valued the NSE at a staggering ₹4.7 lakh crore. This is a significant jump from the previous year’s valuation, which stood at ₹3.5 lakh crore.
The report also listed other top unlisted companies in India, which are Serum Institute of India, Zoho Corporation, Zerodha, Megha Engineering & Infrastructures, Parle Products, Intas Pharmaceuticals, Dream11, Razorpay, and Amalgamations. These companies have made a significant impact in their respective industries and have contributed significantly to the Indian economy.
The Hurun India Rich List is an annual report that ranks the richest individuals in India. However, this year’s report also included a list of the most valuable unlisted companies in India. The report uses a combination of factors to determine the valuation of these companies, including their financial performance, market share, and growth prospects.
The NSE, which is the largest stock exchange in India, has been at the forefront of the country’s financial markets. It has played a crucial role in facilitating the growth of the Indian economy, and its valuation of ₹4.7 lakh crore is a testament to its significant contribution.
Serum Institute of India, which is a leading vaccine manufacturer, came in second on the list with a valuation of ₹3.5 lakh crore. The company has been at the forefront of India’s vaccination efforts, and its valuation reflects its significant contribution to the country’s healthcare sector.
Zoho Corporation, which is a technology company, came in third on the list with a valuation of ₹2.5 lakh crore. The company is known for its range of software products, including its popular email client, Zoho Mail. Its valuation reflects its significant growth prospects and its potential to disrupt the technology industry.
Zerodha, which is a leading stock brokerage firm, came in fourth on the list with a valuation of ₹2.2 lakh crore. The company has disrupted the traditional stock brokerage industry by offering low-cost trading services and has become one of the largest stock brokers in India.
Megha Engineering & Infrastructures, which is an infrastructure company, came in fifth on the list with a valuation of ₹1.8 lakh crore. The company has played a significant role in India’s infrastructure development, and its valuation reflects its growth prospects and potential to contribute to the country’s infrastructure development.
Parle Products, which is a leading food and beverage company, came in sixth on the list with a valuation of ₹1.5 lakh crore. The company is known for its range of popular food and beverage products, including its iconic Parle-G biscuits. Its valuation reflects its significant contribution to the Indian food and beverage industry.
Intas Pharmaceuticals, which is a leading pharmaceutical company, came in seventh on the list with a valuation of ₹1.2 lakh crore. The company is known for its range of pharmaceutical products, including its popular anti-diabetic medication, Januvia. Its valuation reflects its significant growth prospects and its potential to contribute to the Indian pharmaceutical industry.
Dream11, which is a leading fantasy sports platform, came in eighth on the list with a valuation of ₹1 lakh crore. The company has disrupted the traditional sports industry by offering a unique fantasy sports experience and has become one of the largest fantasy sports platforms in India.
Razorpay, which is a leading fintech company, came in ninth on the list with a valuation of ₹80,000 crore. The company is known for its range of payment solutions, including its popular payment gateway, Razorpay Payment Gateway. Its valuation reflects its significant growth prospects and its potential to disrupt the fintech industry.
Amalgamations, which is a leading business conglomerate, came in tenth on the list with a valuation of ₹60,000 crore. The company is known for its range of businesses, including its popular tea brand, Brooke Bond. Its valuation reflects its significant contribution to the Indian economy and its growth prospects.
In conclusion, the Hurun India Rich List 2024 has listed the most valuable unlisted companies in India, with the National Stock Exchange of India topping the list with a valuation of ₹4.7 lakh crore. These companies have made a significant impact in their respective industries and have contributed significantly to the Indian economy. The report highlights the significant growth prospects of these companies and their potential to contribute to the Indian economy in the future.
