NSE now India’s largest unlisted company

Mumbai

The National Stock Exchange (NSE) has become India’s largest unlisted company, with over 1 lakh shareholders. This milestone places NSE ahead of many listed firms in terms of investor count, highlighting its wide appeal among Indian investors.

The increase in shareholders shows strong public interest in NSE. As a key player in India's financial market, it offers trading in shares, derivatives, and other financial products. Its steady performance continues to attract both institutional and retail investors.

In the financial year ending March 2025 (FY25), NSE posted a 17% rise in total income, reaching ₹19,177 crore. Its net profit surged 47% to ₹12,188 crore. Earnings per share also grew to ₹49.24, up from ₹33.56 last year. This was helped by a 4:1 bonus share issue.

The company’s board has recommended a final dividend of ₹35 per share, which includes a special one-time dividend of ₹11.46. NSE also contributed ₹59,798 crore to the government in FY25 through various taxes like STT, stamp duty, GST, and income tax.

Despite rumors, NSE clarified it has not contacted the government about its long-delayed Initial Public Offering (IPO). It stated that there has been no communication with officials for the past 30 months.

The exchange emphasized it remains committed to following all rules and ensuring strong corporate governance. Even without being listed, NSE’s strong growth and financial performance have made it one of India’s most significant and trusted financial institutions.