Inaugural Edition — pre-assurance · 1 Jul – 31 Dec 2025

    Exclusions

    Ranked by equity market capitalisation.

    69 companies that appear in AMFI's half-yearly list are not in the WCRC 1000. Each one is published here with the rule that produced the decision.

    All methodology pages
    Companies excluded from the WCRC 1000, with the rule applied
    AMFI #CompanyAMFI averageRuleDetail
    64Tata Capital Limited₹1,38,785 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-13, after 1 Oct cut-off (§3.7) — enters 2027 edition
    71ICICI Prudential Asset Management Company Limited₹1,29,967 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-19, after 1 Oct cut-off (§3.7) — enters 2027 edition
    93LG Electronics India Limited₹1,09,777 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-14, after 1 Oct cut-off (§3.7) — enters 2027 edition
    114Billionbrains Garage Ventures Limited₹95,896 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-12, after 1 Oct cut-off (§3.7) — enters 2027 edition
    132Meesho Limited₹86,440 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-10, after 1 Oct cut-off (§3.7) — enters 2027 edition
    143Lenskart Solutions Limited₹73,300 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-10, after 1 Oct cut-off (§3.7) — enters 2027 edition
    235Physicswallah Limited₹38,485 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-18, after 1 Oct cut-off (§3.7) — enters 2027 edition
    247Piramal Finance Limited₹35,099 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-07, after 1 Oct cut-off (§3.7) — enters 2027 edition
    278ICICI Securities Limited₹29,132 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after n/a — delisted/suspended at 31 Dec (§3.2) — review; BSE venue fails P1 (valid 0/126, median TV ₹0.0 lakh) — dropped
    284Pine Labs Limited₹27,484 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-14, after 1 Oct cut-off (§3.7) — enters 2027 edition
    286ELITECON INTERNATIONAL LIMITED₹27,167 crSEBI regulatory finding on share price (§3.7A P4)SEBI ex-parte interim order (March 2026) alleging price manipulation of the company's shares during 2025 — excluded pending outcome (§3.7A P4) Read the SEBI order
    298Piramal Enterprises Limited₹26,067 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after 2025-09-22 — delisted/suspended at 31 Dec (§3.2) — review; BSE venue fails P1 (valid 58/126, median TV ₹195.1 lakh) — dropped
    363Tenneco Clean Air India Limited₹19,601 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-19, after 1 Oct cut-off (§3.7) — enters 2027 edition
    456Emmvee Photovoltaic Power Limited₹14,166 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-18, after 1 Oct cut-off (§3.7) — enters 2027 edition
    494Inox Wind Energy Limited₹12,411 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after n/a — delisted/suspended at 31 Dec (§3.2) — review; BSE venue fails P1 (valid 0/126, median TV ₹0.0 lakh) — dropped
    509Canara HSBC Life Insurance Company Limited₹11,801 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-17, after 1 Oct cut-off (§3.7) — enters 2027 edition
    538RUBICON RESEARCH LIMITED₹10,638 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-16, after 1 Oct cut-off (§3.7) — enters 2027 edition
    566RRP SEMICONDUCTOR LIMITED₹9,903 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 41/126, median TV ₹1.6 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    577Aequs Limited₹9,689 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-10, after 1 Oct cut-off (§3.7) — enters 2027 edition
    610Orkla India Limited₹8,782 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-06, after 1 Oct cut-off (§3.7) — enters 2027 edition
    618Corona Remedies Limited₹8,454 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-15, after 1 Oct cut-off (§3.7) — enters 2027 edition
    632WeWork India Management Limited₹8,224 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-10, after 1 Oct cut-off (§3.7) — enters 2027 edition
    658Sudeep Pharma Limited₹7,546 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-28, after 1 Oct cut-off (§3.7) — enters 2027 edition
    709PARK MEDI WORLD LIMITED₹6,446 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-17, after 1 Oct cut-off (§3.7) — enters 2027 edition
    717Fujiyama Power Systems Limited₹6,342 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-20, after 1 Oct cut-off (§3.7) — enters 2027 edition
    728Wakefit Innovations Limited₹6,153 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-15, after 1 Oct cut-off (§3.7) — enters 2027 edition
    733Canara Robeco Asset Management Company Limited₹6,074 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-16, after 1 Oct cut-off (§3.7) — enters 2027 edition
    775Capillary Technologies India Limited₹5,376 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-21, after 1 Oct cut-off (§3.7) — enters 2027 edition
    810Midwest Limited₹4,819 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-24, after 1 Oct cut-off (§3.7) — enters 2027 edition
    822Blue Pearl Agriventures Limited₹4,703 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 114/126, median TV ₹2.6 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    823Nephrocare Health Services Limited₹4,676 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-17, after 1 Oct cut-off (§3.7) — enters 2027 edition
    838Sital Leasing And Finance Limited₹4,566 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after n/a — delisted/suspended at 31 Dec (§3.2) — review
    841Pace Digitek Limited₹4,536 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-06, after 1 Oct cut-off (§3.7) — enters 2027 edition
    845Bondada Engineering Limited₹4,521 crSME platform (§3.2)SME platform only (§3.2)
    864INSOLATION ENERGY LIMITED₹4,222 crSME platform (§3.2)SME platform only (§3.2)
    897TRUALT BIOENERGY LIMITED₹3,821 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-03, after 1 Oct cut-off (§3.7) — enters 2027 edition
    904Mangalore Chemicals & Fertilisers L₹3,759 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after 2025-10-30 — delisted/suspended at 31 Dec (§3.2) — review; BSE venue fails P1 (valid 84/126, median TV ₹69.2 lakh) — dropped
    911SWAN DEFENCE AND HEAVY INDUSTRIES LIMITED₹3,673 crFails P1 trading-frequency/depth (§3.7A)NSE venue fails P1 (valid 39/126, median TV ₹8.0 lakh) — dropped; BSE venue fails P1 (valid 39/126, median TV ₹8.6 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    918Dhani Services Limited₹3,643 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after 2025-10-27 — delisted/suspended at 31 Dec (§3.2) — review; BSE venue fails P1 (valid 81/126, median TV ₹117.8 lakh) — dropped
    921National Standard (India) Limited₹3,630 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 126/126, median TV ₹3.5 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    959Ujaas Energy Limited₹3,337 crFails P1 trading-frequency/depth (§3.7A)NSE venue fails P1 (valid 39/126, median TV ₹3.6 lakh) — dropped; BSE venue fails P1 (valid 34/126, median TV ₹1.7 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    980Jash Engineering Ltd.₹3,163 crDuplicate ISIN — merged into the company row (§3.1)Duplicate ISIN of Jash Engineering (pre-split); merged into INE039O01029
    1006STRING METAVERSE LIMITED₹3,019 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 78/126, median TV ₹109.1 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1014CITY PULSE MULTIVENTURES LIMITED₹2,956 crSME platform (§3.2)SME platform only (§3.2)
    1036LS Industries Limited₹2,780 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after 2025-12-08 — delisted/suspended at 31 Dec (§3.2) — review; BSE venue fails P1 (valid 110/126, median TV ₹2.2 lakh) — dropped
    1062HMT Limited₹2,657 crFails P1 trading-frequency/depth (§3.7A)NSE venue fails P1 (valid 126/126, median TV ₹4.2 lakh) — dropped; BSE venue fails P1 (valid 126/126, median TV ₹1.3 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1077KP GREEN ENGINEERING LIMITED₹2,588 crSME platform (§3.2)SME platform only (§3.2)
    1079COLAB PLATFORMS LIMITED₹2,580 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 97/126, median TV ₹1216.0 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1091RAJESH POWER SERVICES LIMITED₹2,494 crSME platform (§3.2)SME platform only (§3.2)
    1115KSH INTERNATIONAL LIMITED₹2,351 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-12-23, after 1 Oct cut-off (§3.7) — enters 2027 edition
    1142Afcom Holdings Limited₹2,185 crSME platform (§3.2)SME platform only (§3.2)
    1148Studds Accessories Limited₹2,142 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-11-07, after 1 Oct cut-off (§3.7) — enters 2027 edition
    1157Citurgia Biochemicals Ltd.₹2,090 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after n/a — delisted/suspended at 31 Dec (§3.2) — review
    1181Udaipur Cement Works Limited₹2,017 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after 2025-08-22 — delisted/suspended at 31 Dec (§3.2) — review; BSE venue fails P1 (valid 38/126, median TV ₹37.3 lakh) — dropped
    1195Emrald Commercial Limited₹1,949 crNot trading at 31 Dec 2025 – delisted/merged/suspended (§3.2)No trading after n/a — delisted/suspended at 31 Dec (§3.2) — review
    1201INDOSOLAR LIMITED₹1,923 crFails P1 trading-frequency/depth (§3.7A)NSE venue fails P1 (valid 50/126, median TV ₹213.9 lakh) — dropped; BSE venue fails P1 (valid 48/126, median TV ₹27.8 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1202KESAR INDIA LIMITED₹1,920 crSME platform (§3.2)SME platform only (§3.2); BSE venue fails P1 (valid 56/126, median TV ₹8.2 lakh) — dropped
    1206GRAND OAK CANYONS DISTILLERY LIMITED₹1,899 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 126/126, median TV ₹2.2 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1245Concord Control Systems Limited₹1,706 crSME platform (§3.2)SME platform only (§3.2)
    1256CROPSTER AGRO LIMITED₹1,655 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 126/126, median TV ₹9.5 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1274Amic Forging Limited₹1,600 crSME platform (§3.2)SME platform only (§3.2)
    1275Khazanchi Jewellers Limited₹1,595 crSME platform (§3.2)SME platform only (§3.2)
    1280PAUSHAK LIMITED (formerly known as Darshak Limited)₹1,580 crListed after 1 Oct 2025 (§3.7) – enters 2027 editionListed 2025-10-03, after 1 Oct cut-off (§3.7) — enters 2027 edition
    1317Media Matrix Worldwide Ltd.₹1,464 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 126/126, median TV ₹6.2 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1318Polo Queen Industrial and Fintech Limited₹1,460 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 126/126, median TV ₹7.0 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1325Saraswati Commercial (India) Ltd.₹1,440 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 126/126, median TV ₹8.6 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1327Haryana Financial Corporation ltd.₹1,434 crFails P1 trading-frequency/depth (§3.7A)BSE venue fails P1 (valid 2/126, median TV ₹0.1 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1333Raj Rayon Industries Limited₹1,417 crFails P1 trading-frequency/depth (§3.7A)NSE venue fails P1 (valid 126/126, median TV ₹3.7 lakh) — dropped; BSE venue fails P1 (valid 122/126, median TV ₹0.5 lakh) — dropped; Fails P1 trading-frequency/depth screen on all venues (§3.7A)
    1340Yash Highvoltage Limited₹1,400 crSME platform (§3.2)SME platform only (§3.2)

    WCRC 1000 – India's Most Valuable Enterprises™ ranks eligible India-incorporated NSE/BSE main-board companies by average full ordinary-equity market capitalisation over 1 July – 31 December 2025 (the mean of NSE and BSE averages; Inaugural Edition source values from AMFI's half-yearly list, with WCRC eligibility and price-integrity rules applied). It is not the official exchange or SEBI list and does not determine any company's regulatory obligations. Full market capitalisation includes promoter and government holdings; parent and listed subsidiaries are ranked separately. Values relate to the stated period only. No company can pay for inclusion or rank. Nothing on this site is investment advice, a recommendation or a forecast. Inaugural Edition — pre-assurance.