NSE Unlisted Share Price Description – The National Stock Exchange (NSE) is the largest in India, located in Mumbai, Maharashtra. It is the largest derivatives exchange in the world in terms of volume of contracts traded, as per the Futures Industry Association. In 2021, NSE was ranked 4th globally for cash equities in terms of the number of trades as per the World Federation of Exchanges (WFE).
Established in 1992, NSE was the first fully dematerialized electronic exchange in India. It is owned by financial institutions, banks and insurance companies. NSE introduced a modern, fully automated screen-based electronic trading system, which enabled seamless trading for investors across the country.
With a market capitalization of over INR 5.19 Lakh Crore (~USD 58.56 billion), NSE is one of the largest stock exchanges in the world. Its flagship index, NIFTY 50—a basket of 50 stocks—is widely used by investors in India and abroad as a benchmark of the Indian capital market. NSE offers comprehensive coverage of India’s capital markets across various asset classes. Its integrated business model includes exchange listings, trading services, clearing and settlement operations, indices, market data feeds, technology solutions and financial education programs.
Also, NSE ensures compliance among trading and clearing members and listed entities. Its derivatives market offers trading in various instruments, including futures and options on stocks and indices, currency futures and options.
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Products & Services of the NSE
Cash Market: In the cash market segment, NSE offers a platform to trade equity shares, mutual funds, ETFs, REITs, InvITs, Sovereign Gold bonds (SGB), government securities, and treasury bills to domestic and foreign investors.
Debt: NSE facilitates trading in corporate bonds, govt securities, commercial paper, and convertible and non-convertible debt instruments for domestic and foreign investors.
Derivatives: In the derivatives segment, NSE trades equity derivatives (index and equity derivatives), currency derivatives, interest rate derivatives, and commodity derivatives (including agricultural and non-agricultural derivatives) to domestic and foreign investors.
Data and Information Vending: NSE provides real-time data feed, EOD data, historical trade data, corporate data, bond valuation, and indicative NAV for ETFs to various data vendors, media houses, financial websites, and software developers.
Index Services: NSE provides index management services, including equity indices (Nifty 50, Bank Nifty), ESG indices, hybrid indices, and customized indices to asset management companies, ETF issuers, insurance companies, NBFCs, investment banks, PMS, stock exchanges, AIFs, etc.
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NSE Subsidiaries
- NSE Clearing Limited (NCL)
- NSE Investments Limited (NSEI)
- NSE Administration & Supervision Limited
- NSE Sustainability Ratings & Analytics Limited
- 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
- CXIO Technologies Private Limited (CXIO)
- TalentSprint Inc
Key Highlights from NSE Q4 & FY26 Results:
- Profit Surge: PAT reached INR 2,871 cr in Q4, representing a robust 19% QoQ growth, driven by a 27% increase in operational revenues and strong trading momentum across segments.
- Stable Profitability: Operating EBITDA margin remained steady at 73%, demonstrating consistent operational efficiency despite rising technology and employee costs associated with ecosystem expansion.
- Unrivalled Market Leadership: Maintained a dominant stance with 93% market share in the Cash segment and ~100% in both Equity Futures and Currency Derivatives.
- Historic Capital Mobilisation: FY26 concluded as a landmark year with total fund mobilisation reaching INR 20.3 lakh crore. Equity IPOs saw record-breaking activity, raising INR 1.8 lakh crore—the highest annual mobilisation on record.
- Energy Segment Scaling: The Electricity Futures segment, launched in July 2025, consolidated its position with a 72% market share in Q4.
- Deepening Retail Footprint: Unique registered investors grew to ~13 crore, covering 99.9% of Indian PIN codes. The Mutual Fund platform also witnessed a massive 91% YoY growth in order volumes.
Read Also: NSE Q2 & H1 FY26 Results
Key Highlights FY 2025 – 26
- Successfully finalised the settlement of the long-standing co-location and dark fibre cases with SEBI by paying INR 1,432 crore. This milestone has effectively cleared the primary regulatory bottleneck, paving the way for the exchange’s public listing.
- Regulatory changes reducing the minimum float for large IPOs from 5% to 2.5% are aiding this process and may help NSE complete its public offering.
- For the full year FY26, NSE reported a consolidated Net Profit of INR 10,302 crore. The exchange demonstrated immense resilience by absorbing one-off settlement costs while maintaining a high Operating EBITDA margin of 73%.
- FY26 witnessed record-breaking activity with total fund mobilisation reaching INR 20.3 lakh crore. Equity IPOs alone contributed a historic INR 1.8 lakh crore, marking the highest annual mobilisation on record for the exchange.
- The unique registered investor base hit a massive milestone of ~13 crore, covering 99.9% of Indian PIN codes. This growth is complemented by the SME platform (NSE EMERGE), which surpassed the 700-listing mark during the fiscal year.
- NSE remains a vital pillar of the Indian economy, contributing a staggering INR 59,186 crore to the National Exchequer in FY26 through Securities Transaction Tax (STT), Stamp Duty, GST, and Income Tax.
NSE IPO Timeline
- 2016: NSE filed DRHP to raise ~INR 10,000 crore via offer-for-sale.
- 2015–2017: Co-location scandal surfaced; SEBI penalized NSE and barred IPO.
- 2017–2022: Regulatory freeze; legal cases continued, investors began exiting.
- 2024: Renewed legal push; NSE reapplied for SEBI’s NOC, paid partial settlement.
- 2025: SEBI outlined unresolved concerns; an internal IPO readiness review was initiated.
- Current Status: IPO valuation at INR 5.19 lakh crore; the company is at shores of public market and likely to list by the end of 2026.
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NSE Board of Directors
- Mr. Ashishkumar Chauhan, CEO & Managing Director
- Prof. S Sudarshan, Public Interest Director
- Mr. S. Ravindran, Public Interest Director
- Mr. Rajesh Gopinathan, Public Interest Director
- Justice (Retd.) Smt. Abhilasha Kumari, Public Interest Director
- Prof (Dr.) Mamata Biswal, Public Interest Director
- Mr. Tablesh Pandey, Non-Independent Director
- Mr. Veneet Nayar, Non-Independent Director
NSE Unlisted Share Price Details
| Name | NSE Unlisted Share Price Details |
| Face Value | INR 1 per share |
| ISIN Code | INE721I01024 |
| Lot Size | 100 shares |
| Demat Status | NSDL, CDSL |
| NSE Share Price Today | INR 2,100 per share |
| Market Cap | INR 5,19,750 crores |
| Total Number of Shares | 2,47,50,00,000 shares |
| Website | www.nseindia.com |
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NSE Unlisted Share Price 2025 – Shareholding Pattern
Top 10 equity shareholders of the company:
| Shareholder Name | % to Holding | No. of shares |
| Life Insurance Corporation of India | 10.72 | 26,52,75,000 |
| Aranda Investments (Mauritius) Pte Ltd | 4.54 | 11,24,63,356 |
| Stock Holding Corporation of India Ltd | 4.44 | 11,00,00,000 |
| SBI Capital Markets Limited | 4.33 | 10,72,50,000 |
| Mahagony Limited | 3.93 | 9,72,95,000 |
| State Bank of India | 3.23 | 7,98,47,050 |
| Crown Capital Limited | 2.30 | 5,68,55,465 |
| DVI Fund (Mauritius) Ltd | 1.83 | 4,52,16,215 |
| TIMF Holdings | 1.81 | 4,48,80,357 |
NSE Unlisted Share Price – Financial Metrics
| Particulars | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
| Revenue | 8,313.13 | 11,856.23 | 16,433.61 | 19,177 | 18,713 |
| Revenue Growth (%) | 47.79 | 42.62 | 38.61 | 16.69 | (2) |
| Expenses | 2,018.31 | 2,608.83 | 3,608.90 | 4,806 | 6,127 |
| Net income | 5,198.29 | 7,355.99 | 8,305.74 | 12,188 | 10,302 |
| Margin (%) | 62.53 | 62.04 | 50.54 | 63.56 | 55.05 |
| ROCE (%) | 52.00 | 56.0 | 45.0 | 44.0 | – |
| ROE (%) | 47.00 | 51.0 | 37.0 | 45.0 | 33 |
| EBITDA (%) | 76.00 | 74.0 | 71.0 | 74.0 | 11,098 |
| EPS | 104.95 | 148.58 | 33.56 | 49.24 | 41.62 |
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| Company | 3-yr Sales CAGR (%) | PE Ratio | ROCE (%) | Net Margin (%) | MCap (INR Cr.) |
| NSE | 16.4 | 50.5 | 44.0 | 55.05 | 5,19,750 |
| BSE | 56.3 | 72.3 | 47 | 43.2 | 1,57,665 |
| MCX | 44.8 | 80.8 | 42.9 | 50.3 | 75,733 |
NSE Annual Reports
NSE Annual Report FY 2024 – 2025
NSE Annual Report FY 2023 – 2024
NSE Annual Report FY 2022 – 2023
NSE Annual Report FY 2021 – 2022
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NSE Unlisted Share Price FAQs
Is it safe to purchase unlisted shares in India?
What is the NSE unlisted share price?
NSE unlisted share price today is INR 2,100 per share. Shares are purchased in lots of 100 shares.
Who determines the NSE share price?
Unlisted share price is determined by various factors, including recent transaction price, supply and demand, valuation in the latest funding round, profitability, and return ratios.
When is the NSE IPO planned?
Following a SEBI No Objection Certificate (NOC) on 30 January 2026, and board approval on 6 February 2026, the long-awaited NSE IPO may hit the market by the end of 2026.
Mahesh Yadav is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.
