How Many Companies are Listed in NSE?

How many companies are listed in NSE?

Have you ever wondered about the number of companies listed in the NSE(National Stock Exchange), considering it is India’s largest stock exchange in terms of turnover? Being nearly 10 times larger than its competitor BSE, NSE has undoubtedly garnered significant attention from investors, knowingly or unknowingly.

How Many Companies are Listed in NSE?

Let’s put an end to the guessing game and provide you with a concrete answer. As of 31st March 2023, the total number of companies listed in NSE was 2,137. This figure marks a slight increase of 6.21% compared to the previous year’s total of 2,012. Additionally, it includes 88 companies listed on the SME platform (Small and Medium Enterprises).

NSE Listed Companies

To provide further insights into the growth of NSE listed companies, let’s take a look at the figures from previous fiscal years:

While NSE’s arch-rival BSE boasts a much higher figure of 5,681 listed companies, NSE maintains its position as India’s leading stock exchange when it comes to turnover, trading volumes, and liquidity.

Read Also: Difference between NSE and BSE

Understanding NSE Series?

NSE listed companies are categorized based on various parameters such as asset class and compliance, and each is assigned a unique two-letter series. Let’s take a look at some of these series for NSE listed companies:

EQ Series – Equity: The EQ series encompasses the majority of companies listed on India’s largest stock exchange by turnover. As of 17th July 2023, there were 1,584 companies registered in NSE under the EQ series. Notably, the EQ series allows both intraday trading and delivery of securities.

Read Also: NSE IFSC Trading In US Stocks: All You Need To Know

BE Series – Book Entry: Previously used for rolling settlement until 2nd July 2001, the BE series now indicates Trade for Trade securities under surveillance. Securities in this segment undergo settlement on a trade-for-trade basis without netting off. Intraday trading is not permitted within this series.

The list of BE series stocks in NSE included 246 stocks as of 17th July 2023. Shifting securities to the Trade for Trade segment depends on criteria such as PE ratio, price variation, and market capitalization.

BZ Series – Non-Compliant Equities: The BZ series represents securities in Trade for Trade (Z category) due to non-compliance with specific listing conditions. As of 17th July 2023, the list of BZ series stocks in NSE contained 21 stocks.

GB Series – Gold Bonds: Currently, all the bonds in the GB series are issued by the government.

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Factors Influencing the Number of Companies Listed in NSE

It’s important to note that the count of companies registered in NSE is not static, as it continuously changes due to factors such as new IPOs and the pruning of underperforming companies caused by mergers, delisting, and other reasons.

Stringent listing requirements play a significant role in the removal of companies from stock exchanges. Additionally, mergers and acquisitions directly impact the number of companies registered in NSE. Given the high listing requirements and associated costs on NSE, several companies choose to delist themselves through open offers. This trend is particularly observed among small-cap stocks and companies with flawed business models.

Conclusion

With 2,137 listed companies, NSE stands as India’s largest stock exchange in terms of turnover, trading volumes, and liquidity, surpassing its competitor BSE. The categorization of NSE listed companies into various series provides investors with valuable insights into their characteristics and trading possibilities. However, it’s crucial to acknowledge that the count of registered companies in NSE is dynamic, influenced by factors such as new IPOs, mergers, and delistings. By staying informed about the evolving landscape, investors can make more informed decisions in the ever-changing world of stock trading.

Frequently Asked Questions