PSU stocks: list of 77 government companies in India
Companies in which the central and state governments together hold 51% or more of the shares, the test the Companies Act sets for a government company. A public sector undertaking, or PSU, is such a company. 77 companies met this on 28 Oct 2026.
State Bank of IndiaBanks · SBIN · Lender
- Govt
- 55.04%
- Govt promoter
- 55.03%
- Govt of promoters
- 100.00%
Life Insurance Corporation of IndiaInsurance · LICI · Lender
- Govt
- 90.00%
- Govt promoter
- 90.00%
- Govt of promoters
- 100.00%
Hindustan AeronauticsAerospace & Defense · HAL
- Govt
- 71.64%
- Govt promoter
- 71.64%
- Govt of promoters
- 100.00%
NTPCPower · NTPC
- Govt
- 51.10%
- Govt promoter
- 51.10%
- Govt of promoters
- 100.00%
Oil & Natural Gas CorporationOil · ONGC
- Govt
- 58.89%
- Govt promoter
- 58.89%
- Govt of promoters
- 100.00%
Coal IndiaConsumable Fuels · COALINDIA
- Govt
- 61.13%
- Govt promoter
- 61.13%
- Govt of promoters
- 100.00%
Power Grid Corporation of IndiaPower · POWERGRID
- Govt
- 51.34%
- Govt promoter
- 51.34%
- Govt of promoters
- 100.00%
Indian Oil CorporationPetroleum Products · IOC
- Govt
- 51.61%
- Govt promoter
- 51.50%
- Govt of promoters
- 100.00%
Bharat Heavy ElectricalsElectrical Equipment · BHEL
- Govt
- 58.17%
- Govt promoter
- 58.17%
- Govt of promoters
- 100.00%
Union Bank of IndiaBanks · UNIONBANK · Lender
- Govt
- 74.76%
- Govt promoter
- 74.76%
- Govt of promoters
- 100.00%
Punjab National BankBanks · PNB · Lender
- Govt
- 70.08%
- Govt promoter
- 70.08%
- Govt of promoters
- 100.00%
Bharat Petroleum CorporationPetroleum Products · BPCL
- Govt
- 53.84%
- Govt promoter
- 52.98%
- Govt of promoters
- 100.00%
Bank of BarodaBanks · BANKBARODA · Lender
- Govt
- 63.97%
- Govt promoter
- 63.97%
- Govt of promoters
- 100.00%
Indian BankBanks · INDIANB · Lender
- Govt
- 73.84%
- Govt promoter
- 73.84%
- Govt of promoters
- 100.00%
GAIL (India)Gas · GAIL
- Govt
- 51.52%
- Govt promoter
- 51.52%
- Govt of promoters
- 100.00%
Canara BankBanks · CANBK · Lender
- Govt
- 62.93%
- Govt promoter
- 62.93%
- Govt of promoters
- 100.00%
Power Finance CorporationFinance · PFC · Lender
- Govt
- 55.99%
- Govt promoter
- 55.99%
- Govt of promoters
- 100.00%
Indian Railway Finance CorporationFinance · IRFC · Lender
- Govt
- 82.90%
- Govt promoter
- 82.90%
- Govt of promoters
- 100.00%
NHPCPower · NHPC
- Govt
- 61.39%
- Govt promoter
- 61.39%
- Govt of promoters
- 100.00%
Oil IndiaOil · OIL
- Govt
- 56.66%
- Govt promoter
- 56.66%
- Govt of promoters
- 100.00%
Mazagon Dock ShipbuildersIndustrial Manufacturing · MAZDOCK
- Govt
- 81.22%
- Govt promoter
- 81.22%
- Govt of promoters
- 100.00%
Steel Authority of IndiaFerrous Metals · SAIL
- Govt
- 65.00%
- Govt promoter
- 65.00%
- Govt of promoters
- 100.00%
Bank of MaharashtraBanks · MAHABANK · Lender
- Govt
- 73.60%
- Govt promoter
- 73.60%
- Govt of promoters
- 100.00%
Bank of IndiaBanks · BANKINDIA · Lender
- Govt
- 73.38%
- Govt promoter
- 73.38%
- Govt of promoters
- 100.00%
National Aluminium CompanyNon - Ferrous Metals · NATIONALUM
- Govt
- 51.28%
- Govt promoter
- 51.28%
- Govt of promoters
- 100.00%
General Insurance Corporation of IndiaInsurance · GICRE · Lender
- Govt
- 77.40%
- Govt promoter
- 77.40%
- Govt of promoters
- 100.00%
Indian Overseas BankBanks · IOB · Lender
- Govt
- 92.44%
- Govt promoter
- 92.44%
- Govt of promoters
- 100.00%
Fertilizers and Chemicals TravancoreFertilizers & Agrochemicals · FACT
- Govt
- 98.96%
- Govt promoter
- 90.00%
- Govt of promoters
- 100.00%
Hindustan CopperNon - Ferrous Metals · HINDCOPPER
- Govt
- 60.14%
- Govt promoter
- 60.14%
- Govt of promoters
- 100.00%
Rail Vikas NigamConstruction · RVNL
- Govt
- 72.84%
- Govt promoter
- 72.84%
- Govt of promoters
- 100.00%
Bharat DynamicsAerospace & Defense · BDL
- Govt
- 74.93%
- Govt promoter
- 74.93%
- Govt of promoters
- 100.00%
Indian Railway Catering and Tourism CorporationLeisure Services · IRCTC
- Govt
- 62.40%
- Govt promoter
- 62.40%
- Govt of promoters
- 100.00%
Container Corporation of IndiaTransport Services · CONCOR
- Govt
- 54.80%
- Govt promoter
- 54.80%
- Govt of promoters
- 100.00%
NLC IndiaPower · NLCINDIA
- Govt
- 69.47%
- Govt promoter
- 69.47%
- Govt of promoters
- 100.00%
Cochin ShipyardIndustrial Manufacturing · COCHINSHIP
- Govt
- 63.33%
- Govt promoter
- 63.33%
- Govt of promoters
- 100.00%
Housing & Urban Development CorporationFinance · HUDCO · Lender
- Govt
- 75.00%
- Govt promoter
- 75.00%
- Govt of promoters
- 100.00%
Indian Renewable Energy Development AgencyFinance · IREDA · Lender
- Govt
- 71.76%
- Govt promoter
- 71.76%
- Govt of promoters
- 100.00%
UCO BankBanks · UCOBANK · Lender
- Govt
- 90.95%
- Govt promoter
- 90.95%
- Govt of promoters
- 100.00%
The New India Assurance CompanyInsurance · NIACL · Lender
- Govt
- 85.44%
- Govt promoter
- 85.44%
- Govt of promoters
- 100.00%
Central Bank of IndiaBanks · CENTRALBK · Lender
- Govt
- 81.19%
- Govt promoter
- 81.19%
- Govt of promoters
- 100.00%
Chennai Petroleum CorporationPetroleum Products · CHENNPETRO
- Govt
- 51.89%
- Govt promoter
- 51.89%
- Govt of promoters
- 77.11%
Garden Reach Shipbuilders & EngineersAerospace & Defense · GRSE
- Govt
- 74.50%
- Govt promoter
- 74.50%
- Govt of promoters
- 100.00%
ITITelecom - Equipment & Accessories · ITI
- Govt
- 97.90%
- Govt promoter
- 90.02%
- Govt of promoters
- 100.00%
KIOCLFerrous Metals · KIOCL
- Govt
- 99.03%
- Govt promoter
- 99.03%
- Govt of promoters
- 100.00%
SJVNPower · SJVN
- Govt
- 81.85%
- Govt promoter
- 81.85%
- Govt of promoters
- 100.00%
NBCC (India)Construction · NBCC
- Govt
- 61.75%
- Govt promoter
- 61.75%
- Govt of promoters
- 100.00%
BEMLAgricultural, Commercial & Construction Vehicles · BEML
- Govt
- 54.03%
- Govt promoter
- 54.03%
- Govt of promoters
- 100.00%
IFCIFinance · IFCI
- Govt
- 72.57%
- Govt promoter
- 72.57%
- Govt of promoters
- 100.00%
Engineers IndiaConstruction · ENGINERSIN
- Govt
- 51.32%
- Govt promoter
- 51.32%
- Govt of promoters
- 100.00%
Gujarat Mineral Development CorporationMinerals & Mining · GMDCLTD
- Govt
- 74.00%
- Govt promoter
- 74.00%
- Govt of promoters
- 100.00%
About PSU stocks
PSU stocks are shares of listed public sector undertakings, companies in which the central and state governments together hold 51% or more of the shares. The page lists every listed company that passes this test, ranked by market cap, largest first, with the government's holding beside each.
What a PSU is
A PSU, or public sector undertaking, is a company owned mainly by government. This page counts a company as one when the central and state governments together hold 51% or more of its shares. Only the shares governments hold directly count, so a company held through another PSU appears only if governments themselves hold 51%.
How the page decides
The page adds the government's shares held as promoter and as public holders, and divides by total shares. A company is listed when that figure is 51% or more. Govt of promoters is a separate column: government promoter shares divided by total promoter shares, times 100.
Government holding and public shareholding
Listed companies must keep at least 25% of their shares with the public. The central government may exempt a company that it or a state government controls from that rule, and some PSUs show a government holding above 75%. Sales of government shares to the public are known as disinvestment, and they lower the holding shown on the page.
Market cap and P/E in the list
Market cap is share price times the number of shares. P/E is market cap divided by the profit of the last twelve months that belongs to the company's own shareholders. Banks, utilities, oil and gas, power, defence and mining companies are among the sectors the list covers, and the sector filter narrows it.