Serum Institute of India ranked as the most valuable unlisted company in India in 2023, valued at over *** trillion Indian rupees. National Stock Exchange of India and Megha Engineering and Infrastructure followed in second and third position.
An unlisted company is a public company not listed on any stock exchange.
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Business Standard. (February 13, 2024). Most valuable unlisted companies in India in 2023 (in billion Indian rupees) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/1465090/india-most-valuable-unlisted-companies-india/
Business Standard. "Most valuable unlisted companies in India in 2023 (in billion Indian rupees)." Chart. February 13, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/1465090/india-most-valuable-unlisted-companies-india/
Business Standard. (2024). Most valuable unlisted companies in India in 2023 (in billion Indian rupees). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/1465090/india-most-valuable-unlisted-companies-india/
Business Standard. "Most Valuable Unlisted Companies in India in 2023 (in Billion Indian Rupees)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 13 Feb 2024, /statistics/1465090/india-most-valuable-unlisted-companies-india/
Business Standard, Most valuable unlisted companies in India in 2023 (in billion Indian rupees) ÌÇÐÄÆƽâ°æ, /statistics/1465090/india-most-valuable-unlisted-companies-india/ (last visited July 27, 2026)
Most valuable unlisted companies in India in 2023 (in billion Indian rupees) [Graph], Business Standard, February 13, 2024. [Online]. Available: /statistics/1465090/india-most-valuable-unlisted-companies-india/
