Five out of the top-10 unlisted companies in India slipped in valuation in 2023
Feb 13, 2024
Credit: Canva
Five out of the top-10 unlisted companies in India slipped in valuation in 2023
Credit: Canva
Top 10 unlisted companies as per Hurun
Here are the top 10 unlisted companies with the highest value as per the 2023 Burgundy Private Hurun India 500 list. Out of the ten companies, five companies have reported a year-on-year decline.
Credit: Canva
Serum Institute of India
Cyrus Poonawalla-led Serum Institute of India is the top unlisted company in India. The biotechnology company is valued at ₹1.92 lakh crore but reported a decline of 12.5 percent in valuation in 2023.
Credit: Serum Institute of India
National Stock Exchange of India
The National Stock Exchange of India or NSE is next on the list with a value of ₹1.56 lakh crore. The Mumbai-based stock exchange reported a growth of 12 percent in 2023.
Credit: NSE
Megha Engineering and Infrastructure
Hyderabad-based Megha Engineering and Infrastructure is next on the list with a market value of ₹67,500 crore. The company reported a growth of 22.1 percent in 2023.
Credit: MEIL
Zoho Corporation
Sridhar Vembu-led Zoho Corporation is fourth on the list with a value of ₹65,700 crore. The company has recorded the second highest growth in the list at 34.4 percent.
Credit: Wikipedia
Swiggy
Food and grocery delivery platform Swiggy is the fifth company on the list with a value of ₹65,400 crore. The company has recorded the highest decline in the list at 26.2 percent.
Credit: BCCL
Intas Pharmaceuticals
Ahmedabad-based Intas Pharmaceuticals is next on the list with a value of ₹61,900 crore. The company has reported a growth of 4.4 percent in 2023.
Credit: Intas Pharmaceuticals
Dream11
Fantasy sports platform Dream11 is the seventh company on the list with a value of ₹59,700 crore. The company has reported a decline of 9.8 percent in the last year.
Credit: Dream11
Parle Products
Biscuits and confectionery maker Parle Products is eighth on the list with a value of ₹59,400 crore. The company has reported a decline of 5.1 percent in 2023.
Credit: Parle Products
Zerodha
Nithin Kamath-led stock broker Zerodha is ninth company on the list with a value of ₹58,500 crore. The company has recorded the highest growth in the list at 97 percent.
Credit: Zerodha
Razorpay
Payment solution provider Razorpay is the tenth company on the list with a value of ₹56,800 crore. The company reported a decline of 8.5 percent in 2023.
Credit: Razorpay