NSE India Limited Unlisted Shares

Annual Report Summary

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!