According to 2021 Burgundy Private Hurun India 500 list, State Bank of India with a value of ₹4.65 lakh crore is India's most valuable state-controlled company of 2021. This is followed by Oil and Natural Gas Corporation (₹1.92 lakh crore), NTPC (₹1.32 lakh crore), Power Grid Corporation of India (₹1.29 lakh crore) and Indian Oil Corporation (₹1.23 lakh crore).