Serum Institute tops the list of unlisted companies in India

Serum Institute, BYJU S, Swiggy, OYO are some of the top unlisted companies in the country. Adar Poonawala-helmed Pune-based Serum Institute of India tops the Burgundy Private Hurun India 500 Top 10 list of unlisted companies with a valuation of Rs 2.19 lakh crore.

Serum Institute has a ranking of 22 and is one of the biggest companies in healthcare, according to the report. It is the 19th biggest gainer in terms of rupee crore, with an upward change of Rs 36,300 crore. Serum is the 17th company with the highest net profit in FY 22 with 11,116 crore. It is the ninth highest direct taxpayer with Rs 5,823 crore in FY 22. It is the top-most bootstrapped company of 2022.

The second in line is Byju Raveendran's edtech company BYJU S with Rs 1.82 lakh crore. BYJU S is the most valuable PE VC funded company. It was the 13th biggest gainer with an upward change of Rs 47,200 crore. It is ranked 24th in the 2022 Burgundy Private Hurun India 500.

BYJU S is led by the National Stock Exchange of India, headed by Ashishkumar Chuhan, with a valuation of 1.39 lakh crore.

Sriharsha Majety founded a food-delivery platform Swiggy, which is the fourth most valued unlisted company with a valuation of Rs 88,600 crore, while Ritesh Agarwal's OYO is next in line with Rs 77,800 crore in value.

Harsh Jain's Dream 11 comes with a value of Rs 66,200 crore, and Vijay Kantilal Chauhan's Parle Products is seventh on the list with a value of Rs 62,600 crore. Harshil Mathur s Razorpay is a close eighth with Rs 62,100 crore in value.

Bhavish Agarwal s Ola with Rs 60,500 crore in value, and Nimish Chudgar-headed Intas Pharmaceuticals with Rs 59,300 crore in value are in the ninth and tenth spots.

Burgundy Private is Axis Bank's private banking business, along with Hurun India released the 2022 Burgundy Private Hurun India 500 It ranks the 500 most valuable companies in India based on their value. The threshold to make the 2022 Burgundy Private Hurun India 500 was increased by 15 per cent from last year. The cut-o to enter the Hurun Global 500 has come down by 23 per cent. Burgundy Private Hurun India 500 indicates that India is possibly the brightest spot in the world's economic turmoil. The cut-off to enter Burgundy Private Hurun India 500 might well be closer to 10,000 crore in five years, said Anas Rahman Junaid, Managing Director and Chief Researcher, Hurun India.