NSE India Limited Unlisted Shares Annual Reports

NSE India Limited Unlisted Shares

Okay, here's a detailed summary of the provided PDF document about the National Stock Exchange (NSE) of India: **Overview:** * The document is the Integrated Annual Report 2023-24 for the National Stock Exchange (NSE). The report highlights the NSE's performance, vision, strategy, and commitment to economic, environmental, social, and governance parameters. The NSE aims to provide stakeholders with a comprehensive view of its value creation. The report also underscores its commitment to integrated reporting and adherence to SEBI guidelines. **Key Highlights & Achievements (FY 23-24):** * **Capital Mobilization:** The NSE facilitated a total capital raise of ₹13.8 lakh crores through equity and debt markets. Equity fund mobilization, including by business trusts, reached ₹2.4 lakh crores, while debt mobilization reached ₹11.4 lakh crores, including commercial papers. * **Number of Listings:** 213 companies were listed on the NSE, utilizing IPOs on NSE's Main Board and Emerge platform (SME focused). * **Investor Base:** The NSE had 9.2 crore unique registered investors. This number nearly tripled in the last four years. The exchange provides access to investors from 99.8% of PIN codes in the country. * **Market Position:** NSE holds the position as the world's largest derivatives exchange (by number of contracts traded) for the fifth consecutive year. It is also the largest global exchange in equity cash segment (by number of trades) for the first time in February 2024. It retains a leadership position domestically with a 93% equity cash market share, 97% in equity options, 99.9% in equity futures, 99.2% in currency options, and 75.3% in currency futures. * **Financial Performance:** Consolidated revenue increased by 24.66% to ₹16,433.61 crores. Net profit after tax rose 12.91% to ₹8,305.74 crores. * **Technological Advancement:** The exchange processes 14+ billion messages daily. It has fault-tolerant servers and disaster recovery capabilities. **Strategic Focus Areas:** The NSE's strategic priorities center around: * Acting as a catalyst for capital formation, enabling growth for enterprises of all types. * Building trust in the markets through a safe, fair, efficient, transparent, and orderly trading environment. * Broadening access for diverse market participants, prioritizing financial inclusion. * Promoting market evolution via impactful financial products across asset classes. * Technological advancement via modernization and upgrades, maintaining India's leadership in financial market technologies. * Strategic partnerships by sustainable collaborations to enhance business resilience. **Key Operational Details:** * **Reach:** 9.2 crore investors, 2,439 listed companies, 50 common investor service centers (ISC). * **Trading Infrastructure:** Processes 1,400+ crore daily average messages with a 5+ million messages per second processing capacity. * **Clearing Infrastructure:** Acts as first clearing corporation in India with an AAA rating, holding an ₹8,818.99 crores core settlement guarantee fund. * **Market Share:** 92.7% equity cash, 99.9% equity futures, 96.9% equity options (premium value). * **The Social Stock Exchange:** Projects listed by five Non-Profit Organisations (NPOs) have raised approximately ₹8 crores through the exchange for social development activities. **NSE IX - GIFT NIFTY:** * NSE International Exchange (NSE IX) in GIFT IFSC is highlighted. The focus is on transforming the exchange into a global financial gateway. The migration of SGX Nifty to GIFT Nifty is mentioned as a pivotal moment. * Commenced operations on July 3, 2023, with high open interest in both futures and options. **Committees of the Board:** * The report lists various committees: Audit Committee, Corporate Social Responsibility Committee, Nomination & Remuneration Committee, Risk Management Committee, Stakeholders' Relationship Committee, Public Interest Directors Committee, Standing Committee on Technology, and others. **Other Key Entities:** * **NSE Clearing Limited (NCL):** Highlighted as ensuring trade obligations are met as a central counterparty. * **NSE Foundation:** Highlighted as undertaking Corporate Social Responsibility (CSR) activities. * **NSDL:** 24% holdings and SEBI directive to below 15%. Let me know if you would like more details on any specific aspect of this report!

NSE India Limited Unlisted Shares

The National Stock Exchange of India Limited (NSE) Annual Report 2022-23 emphasizes trust, security, and inclusiveness. The report is structured to cover corporate overview, snapshots, performance, chairman's overview, board of directors, management analysis, corporate information, integrated report, statutory compliance including business responsibility, board's report, and financial statements. **Corporate Overview and Snapshot:** NSE is highlighted as the world's largest derivatives exchange for the fourth consecutive year. It is also the third-largest stock exchange globally and the largest in India. Incorporated in 1992, NSE received recognition from SEBI in 1993 and commenced operations in 1994. The company held a dominant market share in FY23, with 93.6% in the cash segment and 98.5% in derivatives. Flagship indices include Nifty 50 and Nifty Bank. Technological leadership is shown through the NEAT+ trading system and the CNX Volatility Index (VIX). NSE's clientele includes retail investors, institutional investors, FIIs, banks, and asset management companies. **Financial Performance:** The report demonstrates NSE's strengthened performance over the years, showing growth in revenues, net profit, earnings per share, net worth, and dividend per share. The group’s consolidated revenues increased from ₹8,873.79 crore in FY22 to ₹12,765.36 crore in FY23, an increase of 43.85%. Consolidated net profit after tax increased by approximately 41.51%, reaching ₹7355.99 crore. The increase in group's consolidated net worth between FY22 and FY23 was ₹5,068.05 Crs, with a percentage increase of approximately 32.89%. ETF daily average turnover reaches ₹486 Crs, a 38% year on year growth. **Chairman's Overview:** Chairman G.C. Chaturvedi notes India's economic growth, despite global challenges like the Russia-Ukraine war and China's pandemic-induced lockdowns, India’s GDP grew 7.2% in FY 2022-23, NSE's role in capital raising, entrepreneurship, and economic growth is emphasized. The consolidated revenue of the NSE Group for FY 2022-23 stood at ₹12,765 Crs, a Y-o-Y growth of 44% with operating EBITDA margin of 78%. The NSE remained the largest derivatives exchange in the world in terms of the number of contracts traded for the fourth successive year. NSE launching WTI crude oil and natural gas futures contracts. **Board of Directors:** The report lists and profiles the Board of Directors, including Shri Girish Chandra Chaturvedi, Shri Ashishkumar Chauhan, Shri K. Narasimha Murthy, Prof. S Sudarshan, and Smt. Mona Bhide, Shri S Ravindran, Shri Veneet Nayar. **Management Discussion and Analysis:** The report outlines global economic conditions and the Indian economic overview, highlighting government initiatives, capital market scenarios, and NSE's financial performance. India's GDP growth is estimated at 7.0% in FY 2022-23, with the RBI projecting 6.5% for 2023-24. The total capital raised through equity was ₹1.5 lakh Crs in FY 2022-23 and via debt ₹12 lakh Crs. Indian equites outperforming global markets (Developed as well as Emerging markets). Government initiatives and measures such as Gati Shakti for connectivity and efficiency are listed. Key government initiatives included setting up a National Financial Information Registry, capacity building for the securities market, and launch of Central Bank Digital Currency. NSE receives regulatory nod to launch WTI Crude Oil and Natural Gas futures contracts. NSE Commenced the full scale operation of NSE IFSC-SGX Connect from FY 2023 and received regulatory approval to launch WTI Crude Oil and Natural Gas futures contracts. Securities settled with speed. **Integrated Report:** NSE presents its fourth annual integrated report, aligning with SEBI's guidelines and showcasing NSE's vision, strategy, and performance across various parameters. Key points include financial, intellectual, manufactured, human, and social & relationship capital highlights for FY23. **Business Responsibility and Sustainability Report:** It outlines NSE's stakeholder engagement process, identifying internal and external stakeholders. It emphasizes responsible and ethical business practices, including anti-corruption efforts and alignment with global sustainability initiatives. The report shows NSE has a sustainable infrastructure and technology. Market Integrity, Stability & Enforcement Details are provided. **Financial Statements:** The report presents detailed financial statements including the balance sheet, statement of profit and loss, and cash flow statement, along with notes. Key financials include a total revenue of ₹12,692.19 Crs, total expenditure ₹3,239.76 Crs, Profit Before Tax ₹9,452.43 Crs and Profit After Tax ₹7,232.90 Crs. Market Capitalisation is ₹2,56,33 lakh Crs. **Going Forward:** The company plans for expansion in capabilities, a transition to a capital-market based financing model, maintaining infrastructure and technology, and developing partnerships for sustainable business growth. This summary captures the extensive operations, performance, and future outlook of NSE as presented in the Annual Report 2022-23, while adhering to all constraints outlined in the prompt.