10 most valuable private companies in India 

February 20, 2025

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Let’s look at the most valuable private companies in India as per the 2024 Burgundy Private Hurun India 500 list.

Valuation: ₹4.7 lakh crore

10. NSE

9. HCL Technologies

Valuation: ₹5.2 lakh crore

8. Larsen & Toubro

Valuation: ₹5.4 lakh crore

7. ITC

Valuation: ₹5.8 lakh crore

6. Infosys

Valuation: ₹8 lakh crore

5. ICICI Bank

Valuation: ₹9.3 lakh crore

4. Bharti Airtel

Valuation: ₹9.7 lakh crore

3. HDFC Bank

Valuation: ₹14.2 lakh crore

2. Tata Consultancy Services

Valuation: ₹16.1 lakh crore


1. Reliance Industries

Valuation: ₹17.5 lakh crore

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