Context:
According to data from the Centre for Monitoring Indian Economy (CMIE), unlisted firms recorded sales growth of 8.34 per cent in the financial year 202324, compared to just 1.69 per cent for listed companies.
An Unlisted Public Company
An unlisted public company, also known as an unquoted public company, it is a public company that is not listed on any stock exchange. This enables it to raise finance by the issuing and sale of shares to the public, such as through advertising, but without listing on an exchange.
The Centre for Monitoring Indian Economy
The Centre for Monitoring Indian Economy is an independent private limited company, which is at the same time an economic think-tank and a business information company. CMIE research group has developed databases on the Indian economy and private companies. CMIE offers this information in the form of databases and research reports through a subscription-based business model.
- Founded
- 13 April 1976
- Founder
- Narottam Shah
- Headquarter
- Mumbai