RATING

RECOMMENDATION

Strong Buy

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

  • Primary

  • Secondary

RATING

RECOMMENDATION

Strong Buy

Business Type

Dominant Leader

RATING

RECOMMENDATION

Strong Buy

Business Type

Dominant Leader

Get a complete analysis on National Stock Exchange - management, business model, financials, growth, valuations, funding rounds, news and get latest updates on National Stock Exchange IPO news.

ISIN

INE721I01024

Face Value

₹1.00

Total Share

49,50,00,000

Total Income

₹9,499.64 Cr

Profit After Tax

₹5,198.29 Cr

EPS

₹104.95

P/E

31.92

P/B

12.07

Market Capitalisation

₹1,65,825.00 Cr

Enterprise Value

₹1,49,624.79 Cr

Book Value

₹277.55

Intrinsic Value

₹9,168.27

Dividend Yield

1.25 %

Earnings Yield

3.13 %

Sector

Financials

Sub-sector

Stock Exchange & Ratings

Category

Pre IPO

Cashflow - Operations

₹5,831.69 Cr

Cashflow - Financing

-₹1,258.31 Cr

NSE Growth

Compounded Sales Growth

  • 58.75%

    1 Year

  • 43.89%

    3 Year

  • 35.03%

    6 Year

Pro Only

Compounded Profit Growth

  • 45.47%

    1 Year

  • 44.92%

    3 Year

  • 51.16%

    6 Year

Pro Only

Return On Equity

  • 29.62%

    2022

  • 16.56%

    2019

  • 16.35%

    2017

Pro Only

About NSE

  • National Stock Exchange of India Limited (NSE) is the leading stock exchange of India which is Located in Mumbai, Maharashtra.
  • NSE was established in 1992. It was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facilities to investors spread across the length and breadth of the country.
  • The cumulative market value of all small- and mid-cap equities listed on the National Stock Exchange, or the market capitalization of listed businesses, is greater than US$3 trillion, making it the world's 10th-largest stock exchange as of May 2021. NSE's flagship index, the NIFTY 50, a 50 stock index is used extensively by investors in India and around the world as a barometer of the Indian capital market.
  • NSE has a fully – integrated business model comprising our exchange listing, trading services, clearing and Settlement services, indices, market data feeds, technology solutions, and financial education offering.
  • NSE oversees compliance of rules and regulations of the exchange by trading and clearing members and listed companies. It also ensures the reliability and performance of its system through a culture of innovation and investment in technology.

  • NSE IPO Details

  • According to ET, NSE wrote to capital markets regulator in August seeking it's approval to file it's draft prospectus to launch an IPO. 
  • NSE's issue is one of the most awaited IPO's in the past decade. The country's largest stock exchange could be one of the most profitable companies with around 63.53% profit margin, Sources told BusinessLine that NSE is likely to be valued at over ₹2 lakh crore.
  • The NSE had first filed for its IPO with SEBI in December 2016, two months before incumbent SEBI chairman Ajay Tyagi took charge. Then, Tyagi ordered the exchange to withdraw its offer documents since it got embroiled in the algo trading scandal.

  • NSE Funding

  • NSE Subsidiaries

  • NSE Clearing Limited (NCL)
  • NSE Investments Limited (NSEI)
  • NSE InfoTech Services Limited (NSE InfoTech)
  • NSE Indices Limited (NSE Indices)
  • NSEIT Limited (NSEIT)
  • NSE Data & Analytics Limited (NDAL)
  • NSEIT (US) Inc. (NSEIT US)
  • NSE Academy Limited (NAL)
  • NSE IFSC Limited (NSE IFSC)
  • NSE IFSC Clearing Corporation Limited (NICCL)
  • NSE Foundation
  • Aujas Cybersecurity Limited (Aujas)
  • Talentsprint Private Limited
  • Cogencis Information Services Limited

NSE Business Model

  • NSE offers a comprehensive and innovative product and service offerings delivered through a vertically-integrated business model supported by a robust risk management system framework. It recognises that technology forms the core of financial markets in driving greater transparency and is ever evolving.  
  • The products on the Exchange are organized into 3 asset classes for trading:  Capital market for the listing and trading of equities, fixed income securities and the derivatives market. 
  • NSE Revenue Segmentation

  • Trading services
  • Listing services
  • Technology services
  • Colocation Charges
  • Licensing services
  • Income on investments(Other Operating revenue)
  • Other
  • NSE Product & Services

Cash Market 

  • IPO
  • Institutional Placement Program,
  • Mutual Funds
  • Sovereign Gold Bonds
  • ETFs
  • Listed Companies
  • Securities Lending& Borrowing Scheme 
  • SME Platform (less than ₹25 Cr. market capitalization)
  • Infrastructure Investment Trust (InvITs)
  • Corporate Bonds, Government Securities
  • IGP (Innovators Growth Platform) and REITS

Derivatives 

  • Stocks 
  • Domestic Indices
  • Currency
  • Interest Rate and Commodity 

Debt Market 

  • Products: Wholesale Market
  • Corporate Bond
  • Tri Party Repo
  • Non Competitive Bidding - Government Securities 
  • Treasury Bills and Electronic Bidding Platform and CBRICS

Trading data 

  • NSE’s online real-time data feed
  • EOD data
  • 15-minute-delayed, 5-minute, 2-minute
  • 1-minute snapshot
  • Historical trades  
  • Providing data feeds

Index services

  • Products: Equity Index- NIFTY 50, 
  • NIFTY100, NIFTY bank indices and debt indices
  • Index IP licensing customized index solution
  • NSE Assets

As of March'22 NSE has the Fixed assets worth Rs.964.84 crore.


Total AssetsAmount in Rs(Crore)
Building
132.73
Office Equipments
25.55 
Electrical equipment & installations 
43.19 
Furniture & Fixtures
19.66 
Trading systems
35.75
Computer systems office automation
375
Tele-communication systems 
249.10 
Clearing and settlement system 
51.64 
Freehold land
32.21 


  • NSE Industry Overview

Industry Statistics

  • The Indian stock exchanges are crucial market intermediaries and are supervised by the Securities and Exchange Board of India (SEBI).
  • Exchanges are organized markets designed to provide centralized facilities for the listing and trading of the financial instruments issued by companies, sovereigns, and other entities to raise capital.
  • Over the last 5 years, Indian stock exchange industry revenue has grown at a yearly avg rate of 3.07%, while net income has grown at a yearly avg rate of 6.77%.
  • The Indian equity market is expanding in terms of listed companies and market cap, widening the playing field for brokerage firms. The sophisticated products segment is growing rapidly, reflected in the steep rise in the growth of derivatives trading.
  • India is one of the most open economies in the world, with almost 100% FDI policy permission under the automatic route for almost all major sectors, Net Foreign direct investment was US$ 33 billion in FY19, which is helping the stock market in developing.
  • Exchanges are batting for increasing trading hours. By highlighting Commodity markets trade for 15 hours daily but equities are allowed to trade for only six-and-a-half hours by markets regulator SEBI. 
  • In FY22 the benchmark Nifty 50 Index ended the year 19% higher, following a 71% return in the previous year. Market turnover also witnessed a modest jump in the financial year, with an average daily turnover in equity cash and derivative markets (premium) rising by ~8% and 20% respectively.
  • During the year, domestic institutional investors remained net buyers of Indian equities for the whole of FY 2021-22, with net inflows of ~Rs.2.2 Trn, far exceeding net foreign capital outflows, helped by a surge in retail participation through the SIP (Systematic Investment Plan) route.
  • Overall in FY22, In the equity market, the total amount raised was Rs.2.4 Trn whereas the amount raised in the debt market was Rs.6.0 Trn.

Future Prospects

  • With Artificial Intelligence and Machine Learning brokers can easily identify the investment goals of the investors. This will bring more people to the vicinity of Investment. However, as per statistics, only 3-4% of Indians invest in market as compared to 30-40% in developed countries. So there are many opportunities for the country like India in The Stock Broking Business.
  • Everyday more and more companies are getting listed, in 2020 around 16 new companies were listed on NSE or BSE and now in 2021 more companies are getting added to the list. If this sentiment continues this will lead to generation of large amount of revenue for stock exchanges.
  • After covid 19 there is huge awareness among investors regarding stock markets, people are getting attractive towards it, but still there is huge gap and potential, as more and more people will become a part of it, market will continue to grow.

Government Initiatives

An important measure regarding capital market reforms is the setting up of Securities and Exchange Board of India (SEBI) as the regulator of equity market in India. SEBI is the regulatory authority established under the SEBI Act 1992 and is the principal regulator for Stock Exchanges in India. SEBI’s primary functions include protecting investor interests, promoting and regulating the Indian securities markets.
Some recent initiatives taken by government for financial sector are:-
  • Liquidity, credit availability and financial stability: The Government, along with RBI, announced a slew of measures to ease financial distress and credit crunch for companies and households, without hurting financial stability. The RBI also provided six-month moratorium on loan repayments and one time restructuring scheme.
  • Privatisation and asset monetisation: The Government announced setting up an institutional framework for asset monetisation and privatisation of central public sector enterprises (CPSEs) with an aim to augment revenues and bring about transparency and efficiency.
  • Stressed Asset Resolution: An Asset Reconstruction Company and Asset Management Company would be set up to consolidate and take over the existing stressed debt and then manage and dispose of the assets to Alternate Investment Funds and other potential investors for eventual value realisation.
  • Foreign Direct Investment (FDI) : India remains one of the most open economies, with 100% FDI permission under the automatic route for all major sectors. Last year, the Government also raised FDI limit in insurance from 49% to 74%. Net FDI in calendar 2020 rose by 40% to ~US$52 billion


NSE Awards & Achievements

  • Innovative Practices Award 2018 on Sustainable Development Goals
  • CSR Times Awards for Best Project in Education under the Corporate Foundation Category
  • UN Global Compact Network India
  • FICCI CSR Award for Exemplary Innovation
  • 7th Annual Greentech HR Award 2017
  • Golden Peacock Award for Corporate Social Responsibility

NSE Strengths

  • NSE is largest exchange of the world’s sixth largest economy 'India'. NSE continued to enjoy a market share of around 94% in the Capital Market segment with a near 100% market share in the Equity Derivatives segment.
  • Exchange covers 21% of the global derivatives market on the basis of contracts traded.
  • NSE has more than 2799 VSAT terminal which cover more than 1500 cities of India. 
  • NSE continued to be the preferred platform for raising capital. With 1,940 companies listed on NSE with a market capitalization of ~INR 203 trillion, NSE continued to be the premier Exchange in the country.
  • Free cash flow of the company is significantly increasing with the increase in EPS of the company.
  • NSE has introduced several new products such as trading of T-bills and SDLs in Capital Market Segment 
  • NSE Clearing Limited (NCL) has been regularly rated AAA by CRISIL for more than a decade now. It is the strongest clearing corporation in the country with sound financial track record. It has a Core Settlement Guarantee Fund (Core SGF) of more than Rs 3,500 crores as on March 2021.
  • Company is continuously innovating its products, recently in January 2021 NSE launched derivatives on Nifty Financial Services Index.

NSE Shortcomings

  • Biggest competitor of NSE is BSE ltd, and no. of companies listed on BSE is around 5000, while on NSE it is around 1600.
  • Global ranking of NSE is 11th while BSE comes on 10th place.

NSE Opportunities

  • Exchanges are batting for increasing trading hours.
  • Indian capital markets witnessed record high foreign portfolio inflows of ~USD 37 bn (~Rs 2.7 trillion) in FY21, resulting in Indian markets outperforming most major global markets during the year. It will bring many new opportunities for the stock exchange. 
  • During the year, direct retail participation strengthened significantly which was reflected in a sharp rise in new investors and an increase in individual investors’ share in the overall market turnover. During fiscal 2021 around 8 million new investors were added, this no. is supposed to increase exponentially in coming years.

NSE Threats

  • There are multiple complaints pertaining to allegations of malpractices with respect to the co-location facility being provided by the National Stock Exchange of India Limited.
  • An improving US economy with a strengthening dollar weigh on the INR, particularly with the rise in domestic liquidity on the commitment to growth by the RBI.
  • There was a sharp spike in international commodity prices and increase in global financial market volatility in Q4 FY21, if they persist, they may spill-over to the domestic economy and financial markets and this will create a concern for exchanges as well.
NSE Rating

  • RECOMMENDATION

    Strong Buy

  • NSE Detail Info

Industry Statistics

PUBLIC LIMITED

Registered In

India

last Updated

09/08/2022

Registered Date

27/11/1992

Planify Ticker

NSE

Reg Office: Exchange Plaza, C-1, G Bandra Kurla Complex Mumbai, 400051, India

Visit Website

Frequently Ask Questions

NSE wrote to capital markets regulator in August seeking it's approval to file it's draft prospectus to launch an IPO. Sources told BusinessLine that NSE is likely to be valued at over ₹2 lakh crore. Now NSE has delayed the IPO by about a year amid various controversies.

The Face Value of the NSE is Rs. 1.

Yes, the NSE seems to show decent growth in profit.

Major shareholders of NSE are Aranda Investments (Mauritius) PTE. Ltd., LIC, SBI, Stock Holding Corporation of India Limited Etc.

Girish Chandra Chaturvedi is chairman of the National stock exchange.

The national stock exchange is the largest exchange of the world’s sixth-largest economy 'India'. NSE continued to enjoy a market share of around 94% in the Capital Market segment with a near 100% market share in the Equity Derivatives segment. Exchange covers 21% of the global derivatives market on the basis of contracts traded.

The minimum holding period after the company has been listed is 6 months. 

Total profit of the company is  ₹3,573.42 Cr.

Please find below the procedure for buying stock_name_auto Unlisted Shares at Planify.
• 1. You confirm booking of stock_name_auto Unlisted Shares with us at a trading price.
• 2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
• 3. We will provide the bank details.
• 4. You need to transfer funds in that account.
• 5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
• 6. Payment has to be done from the same account in which shares are to be credited.
• 7. We will transfer the shares in 24 hours if funds are credited before 2 pm.
Important Note: Please note that the lock-in period for selling stock_name_auto Unlisted Shares is 6 months after listing. Hence you can’t sell stock_name_auto Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date.

Please find below the procedure for selling stock_name_auto Unlisted Shares at Planify.
• 1. We will confirm our buying price of stock_name_auto Unlisted Shares.
• 2. We will give you our client master report and you will transfer the stock_name_auto Unlisted Shares to our demat account.
• 3. We will ask for bank details of yours once the stock_name_auto Unlisted Shares are received in our demat account..
• 4. We will transfer the funds in your bank account within 24 hrs of receiving the stock_name_auto Unlisted Shares.
• 5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
• 6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.
Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of stock_name_auto Unlisted Shares depends upon category of investors.
• 1. Venture Capital Funds or Alternate Investment Fund of Category -I or II, or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of stock_name_auto Unlisted Shares.
• 2. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of stock_name_auto Unlisted Shares.
This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the stock_name_auto Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
• a. ISIN number of stock_name_auto Unlisted Shares.
• b. Name of stock_name_auto Unlisted Shares
• c. Quantity of stock_name_auto Unlisted Shares
• d. Cosideration Amount
• e. Target DP ID and Client ID
• f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the stock_name_auto Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the stock_name_auto Unlisted Shares by filling the details similar to Ofline-DIS.

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. Generally via our Planify platform, if somebody wants to buy Unlisted Shares then minimum investment would be 35-50k.To know about the minimum lot size of stock_name_auto, kindly click on this hyperlink - stock_name_auto.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.

If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.

Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable.

If you buy stock_name_auto Unlisted Shares from Planify then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of stock_name_auto Unlisted Shares Instantly?
• 1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
• By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Demat Account = DP ID + Client ID. (16 Characters )
• "DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
• Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
• In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
• Example:
• CDSL = 12345678(DP ID) and 91234567(Client ID).
• NSDL = IN123456 (DP ID) and 78912345(Client ID).
• Check in brokers application?
• Credit of stock_name_auto Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The stock_name_auto Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of stock_name_auto Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on Planify.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"Planify is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, Planify has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with Planify."

We at Planify do the valuation based on 2 methods.
• 1. We check the last funding that is being done in the stock_name_auto Unlisted Shares to ascertain the benchmark valuation.
• 2. If there is no funding happened in the company, then we try to find a business similar to stock_name_auto Unlisted Shares in the listed space and do comparison method to ascertain the valuation.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their stock_name_auto Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their stock_name_auto Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about stock_name_auto Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of stock_name_auto Ltd unlisted share.

We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of stock_name_auto Ltd unlisted shares with us.

The financials of stock_name_auto Ltd which includes the P/L of stock_name_auto Ltd and the Balance Sheet of stock_name_auto Ltd is in the financials section.

The annual report of stock_name_auto Ltd is available in the annual report section.