The Indian startup ecosystem is booming, and with it, the number of valuable unlisted companies. These companies are not yet traded on the stock exchange, but they are making waves in their respective industries.
This blog post will take a look at the top 10 unlisted companies in India, based on their valuation. We’ll discuss what they do, who leads them, and why they are so valuable.
- Serum Institute of India
- Value: Rs 1,92,300 crore
- Change: -12.5%
- Headquarters: Pune
- Chairman/CEO: Cyrus Poonawalla
Serum Institute of India is the world’s largest vaccine manufacturer by volume. The company is best known for its Covishield vaccine, which has been a key weapon in the fight against COVID-19. Serum Institute of India is also a major producer of other vaccines, including polio, measles, and rubella.
- National Stock Exchange of India
- Value: Rs 1,56,000 crore
- Change: 12.0%
- Headquarters: Mumbai
- Chairman/CEO: Ashishkumar Chauhan
The National Stock Exchange of India (NSE) is the largest stock exchange in India by trading volume. The NSE was founded in 1992 and has since become a major player in the Indian financial markets.
- Megha Engineering and Infrastructure
- Value: Rs 67,500 crore
- Change: 22.1%
- Headquarters: Hyderabad
- Chairman/CEO: Venkatakrishna Reddy Puritipati
MEIL operates across key sectors including water management, engineering, construction, manufacturing, transportation, hydrocarbons, power, process industries, and defence. The company is committed to harnessing indigenous technological innovations to benefit all segments of society.
- Zoho Corporation
- Value: Rs 65,700 crore
- Change: 34.4%
- Headquarters: Chennai
- Chairman/CEO: Sridhar Vembu
Zoho Corporation, an Indian multinational technology firm, specializes in developing computer software and web-based business solutions. Renowned for its flagship product, Zoho Office Suite, the company offers a comprehensive array of online office tools and software.
- Swiggy
- Value: Rs 65,400 crore
- Change: -26.2%
- Headquarters: Bengaluru
- Chairman/CEO: Sriharsha Majety
Established in 2014 and headquartered in Bangalore, Swiggy has expanded its operations to over 500 cities across India as of September 2021. Alongside its core food delivery service, the platform offers additional conveniences such as on-demand grocery deliveries through Instamart and same-day package deliveries via Swiggy Genie.
- Intas Pharmaceuticals
- Value: Rs 61,900 crore
- Change: 4.4%
- Headquarters: Ahmedabad
- Chairman/CEO: Hasmukh Chudgar
Intas Pharmaceuticals Limited, headquartered in Ahmedabad, is an Indian multinational pharmaceutical company. Specialising in generic therapeutic drugs production, it also participates in contract clinical research and manufacturing. The company operates 18 manufacturing plants, with 15 located in India and the remainder in the United Kingdom and Mexico.
- Dream11
- Value: Rs 59,700 crore
- Change: -9.8%
- Headquarters: Mumbai
- Chairman/CEO: Harsh Jain
Dream11 offers a fantasy gaming platform catering to a variety of sports including cricket, football, basketball, kabaddi, hockey, volleyball, handball, and baseball. Through this online game, users have the opportunity to craft virtual teams comprising real-life players, accruing points based on the performance of these players in actual matches.
- Parle Products
- Value: Rs 59,400 crore
- Change: -5.1%
- Headquarters: Mumbai
- Chairman/CEO: Vijay Kantilal Chauhan
Parle Products, styled as PARLE in its logo, is an Indian multinational food corporation renowned for its production of biscuits and confectionery items. The company gained global recognition through its flagship biscuit brand, Parle-G, which was reported as the best-selling biscuit brand worldwide.
- Zerodha
- Value: Rs 58,500 crore
- Change: 97.0%
- Headquarters: Bengaluru
- Chairman/CEO: Nithin Kamath
Zerodha is a discount brokerage firm that offers online trading services to investors in India. Zerodha has been a major disruptor in the Indian brokerage industry, offering low fees and a user-friendly platform.
- Razorpay
- Value: Rs 56,800 crore
- Change: -8.5%
- Headquarters: Bengaluru
- Chairman/CEO: Shashank Kumar
Razorpay facilitates businesses in accepting online payments seamlessly across various platforms, including Desktop, Mobile web, Android, and iOS. Furthermore, through Razorpay Payment Links, users can conveniently collect payments via multiple channels such as SMS, Email, Whatsapp, Chatbots, and Messenger.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.