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63 leading public sector organisations in Maharashtra

Tamtam tracks 63 public sector organisations headquartered in Maharashtra. This list ranks all of them by number of employees on LinkedIn, led by State Bank of India, Life Insurance Corporation of India and Bank of Baroda. Their median headcount is 1,087. Half of them were founded in 1962 or later. The most common headquarters are Mumbai (41), Pune (10) and Nagpur (2).

馃嚠馃嚦 Maharashtra63 companiesUpdated Oct 24, 2026
#CompanyIndustryHeadquarters EmployeesFounded
1
State Bank of Indiabank.in

Leading public sector bank with extensive branch network, offering specialized financial services to corporates, SMEs, NRIs, and retail customers.

Banking 馃嚠馃嚦 Mumbai 122,721 n/a
2
Life Insurance Corporation of Indialicindia.in

Provides diverse life insurance products including health, pension, ULIPs, group schemes, and micro insurance with extensive agent network.

Insurance 馃嚠馃嚦 Mumbai 73,235 n/a
3
Bank of Barodabank.in

A top Public Sector Bank with a global presence, offering a wide range of financial products and services to customers worldwide since 1908

Banking 馃嚠馃嚦 Mumbai 36,046 n/a
4
Indian Oil Corporation Limited

A national oil company in India involved in the entire hydrocarbon value chain, including refining, transportation, marketing, exploration, production, and petrochemicals

Oil and Gas 馃嚠馃嚦 Mumbai 29,849 n/a
5
Bharat Petroleum Corporation Limitedbharatpetroleum.in

Refining crude oil, marketing petroleum products, with significant presence in upstream and downstream oil and gas sectors, targeting net-zero by 2040.

Oil and Gas 馃嚠馃嚦 Mumbai 23,037 1976
6
Union Bank of Indiabank.in

Provides comprehensive financial services through a domestic and international network including deposits, advances, and digital banking for retail, MSME, and commercial sectors.

Banking 馃嚠馃嚦 Mumbai 21,188 1911
7
Bank of Indiabankofindia.bank.in

Established in 1906, this bank offers a wide range of products and services, with over 5100 branches across India and international operations

Banking 馃嚠馃嚦 Mumbai 17,220 1906
8
Central Bank of Indiacentralbankofindia.co.in

A pioneer Indian bank offering a wide range of products and services with a large network of branches throughout the country

Banking 馃嚠馃嚦 Mumbai 11,355 1911
9
Indian Institute of Technology, Bombayiitb.ac.in

A renowned engineering institute in India with top faculty, exceptional students, and a focus on academic excellence and research

Higher Education 馃嚠馃嚦 Mumbai 10,272 1958
10
New India Assurancenewindia.co.in

Multinational general insurance company providing insurance services to individuals and businesses worldwide

Insurance 馃嚠馃嚦 Mumbai 8,014 1919
11
Reserve Bank of India (RBI)rbi.org.in

This organization is the central bank of India, overseeing monetary policy and regulating the country's financial system through various online platforms

Banking 馃嚠馃嚦 Mumbai 7,902 1935
12
Reserve Bank of India (RBI) Fan Cluborg.in

The company serves as India's central bank, overseeing monetary policy, regulating financial systems, managing foreign exchange, issuing currency, and supporting national objectives

Government Administration 馃嚠馃嚦 Mumbai 5,718 1935
13
BARCbarc.gov.in

A leading nuclear research center in India, specializing in advanced research in nuclear science, engineering, and related areas for NPCIL

Research Services 馃嚠馃嚦 Mumbai 3,987 1945
14
NABARD - National Bank for Agriculture and Rural Developmentnabard.org

Driving sustainable and equitable agriculture, rural prosperity with effective credit support, services, and institution development through innovative initiatives

Financial Services 馃嚠馃嚦 Mumbai 3,461 1982
15
CDACINDIAcdac.in

An R&D organization under MeitY, C-DAC designs, develops, and deploys advanced IT solutions, including supercomputers, cyber security applications, and AI-based initiatives for societal development

Research Services 馃嚠馃嚦 Pune 3,401 1988
16
The Shipping Corporation of India Ltd.shipindia.com

Leading provider of maritime transport services in India and worldwide, offering a diverse fleet to meet various industry needs Visit our website for more information

Shipbuilding 馃嚠馃嚦 Mumbai 2,623 1961
17
Maharashtra State Electricity Distribution Co (Msedcl)mahadiscom.in

Mahavitaran is a public sector electricity distribution company in Maharashtra, India, controlled by the state government It is the largest utility in India

Utilities 馃嚠馃嚦 Mumbai 2,351 2005
18
MIDCmidcindia.org

An entity established by the Government of Maharashtra to provide infrastructure for orderly industrial development in the state since 1962

Government Administration 馃嚠馃嚦 Mumbai 1,870 1964
19
Central Railwaycr.indianrailways.gov.in

They are a railway organization that is successor to GIP Railway and operates under the Ministry of Railways, managing train services

Rail Transportation 馃嚠馃嚦 Mumbai 1,839 1951
20
CENTRAL BANK OF INDIAcentralbankofindia.co.in

A government-owned bank in India with a wide network of branches, ATMs, and overseas offices, including joint ventures with other banks

Banking 馃嚠馃嚦 Mumbai 1,822 n/a
21
Western Railwaywr.indianrailways.gov.in

The Western Railway is a major railway network in India, with headquarters in Mumbai, Maharashtra, operating key routes and divisions across the country

Rail Transportation 馃嚠馃嚦 Mumbai 1,787 n/a
22
StockHolding Corporation of India Limitedlinktr.ee

A company in the financial services domain offers custodial, post trading, depository, and other services, jointly owned by leading Indian banks and financial institutions

Financial Services 馃嚠馃嚦 Mumbai 1,645 1986
23
Maharashtra State Road Transport Corp (MSRTC)msrtc.gov.in

A government administration company based in Mumbai, Maharashtra, India, specializing in providing road transport services to the state

Government Administration 馃嚠馃嚦 Mumbai 1,558 1960
24
Maharashtra Knowledge Corporation Limited (MKCL)mkcl.org

The company designs and deploys eLearning, eGovernance, and eEmpowerment solutions, conducts digital courses, and offers online application solutions in multiple states and countries

Software Development 馃嚠馃嚦 Pune 1,548 2001
25
SEBIsebi.gov.in

Regulatory body established by an Act of Parliament to protect investor interests, promote development, and regulate securities market in India

Capital Markets 馃嚠馃嚦 Mumbai 1,455 1992
26
Automotive Research Association of India (ARAI)araiindia.com

Pioneering automotive R&D organization providing services in engineering, certification, research, technology development, and automotive standards to ensure safe and efficient vehicles

Motor Vehicle Manufacturing 馃嚠馃嚦 Pune 1,333 1966
27
Indian Institute of Science Education and Research (IISER), Puneiiserpune.ac.in

A premier institute focused on integrating high-quality research with undergraduate teaching in basic sciences to improve science education in India

Research Services 馃嚠馃嚦 Pune 1,242 2006
28
MAHAGENCOmahagenco.co.in

A government administration company based in Nagpur, India, specializing in the management and operation of energy generation assets

Government Administration 馃嚠馃嚦 Parli 1,178 n/a
29
BSNL Telecom Factoryonlinecareer360.com

Designs and manufactures telecommunications products in Mumbai, India at Telecom Factory in Deonar for BSNL

Telecommunications 馃嚠馃嚦 Mumbai 1,164 n/a
30
ReBIT | Reserve Bank Information Technology Pvt. Ltd.rebit.org.in

A subsidiary managing IT and cyber security requirements for the Reserve Bank of India and its regulated entities, promoting innovation and inter-operability

IT Services and IT Consulting 馃嚠馃嚦 Navi Mumbai 1,148 2016
31
Tata Memorial Centretatamemorialcentre.com

Specialist cancer treatment and research center in Mumbai, India, closely linked with a center for cancer treatment, research, and education

Hospitals and Health Care 馃嚠馃嚦 Mumbai 1,124 n/a
32
GS Medical College & KEM Hospital, Mumbaikem.edu

Provides comprehensive medical training for two thousand students while delivering affordable outpatient and inpatient healthcare services to underprivileged communities through extensive hospital facilities.

Higher Education 馃嚠馃嚦 Mumbai 1,087 1926
33
State Bank of India - A Government of India Owned Public Sector Bankbank.sbi

It is an Indian multinational public sector bank and financial services provider with a long history, a strong global presence, and millions of customers

Banking 馃嚠馃嚦 Mumbai 1,061 1806
34
Shivaji Universityunishivaji.ac.in

The organization focuses on providing higher education opportunities, conducting research, and fostering collaborations with premier institutes and industries for regional growth and development

Research Services 馃嚠馃嚦 Kolhapur 1,056 1962
35
Pune Universityunipune.ac.in

A public state university in Pune, India established in 1949, offering a wide range of academic programs on a 411-acre campus

Higher Education 馃嚠馃嚦 Pune 1,005 1949
36
Advanced Centre for Treatment, Research and Education in Cancer(ACTREC)actrec.gov.in

A research institute specializing in cancer studies, with a focus on Basic, Clinical, and Translational research, affiliated with a leading cancer hospital in India

Research Services 馃嚠馃嚦 Kharghar 939 n/a
37
MOIL LIMITEDmoil.nic.in

A leading mining company in India with multiple mines producing manganese ore for various industries, as well as manufacturing Electrolytic Manganese Dioxide and Ferro manganese

Mining 馃嚠馃嚦 Nagpur 931 1962
38
KONKAN RAILWAY CORPORATION LIMITEDkonkanrailway.com

The organization is a vital subsidiary zone of the Indian Railways, responsible for connecting Mumbai and Mangalore through the Konkan Railway route

Truck Transportation 馃嚠馃嚦 Navi Mumbai 900 1990
39
SBI Capital Marketssbicaps.com

A leading Indian investment bank offering a full range of corporate advisory services including project financing, ESG advisory, capital markets, M&A, private equity, and asset management

Investment Banking 馃嚠馃嚦 Mumbai 898 1986
40
CSIR- National Chemical Laboratoryncl-india.org

A science and knowledge-based research organization specializing in chemical sciences, engineering, and industrial research with a focus on commercialization

Research Services 馃嚠馃嚦 Pune 880 n/a
41
Municipal Councilbeedmc.org

Urban local body in Maharashtra managing city services for 3 lakh people including waste management, water supply, sanitation, roads, and fire brigade

Government Administration 馃嚠馃嚦 Beed 868 1952
42
Reserve Bank of India (RBI)org.in

Established in 1935, the company regulates bank notes, maintains reserves, and formulates monetary policies to secure monetary stability and promote growth in India

Banking 馃嚠馃嚦 Mumbai 853 n/a
43
SAMEER (Autonomous R&D Lab under MeitY, Govt of India)sameer.gov.in

An autonomous R & D laboratory specializing in Microwave Engineering, Electromagnetic Engineering, and state-of-the-art technology demonstrations, focusing on research, development, and commercial viability

Research Services 馃嚠馃嚦 Mumbai 849 1984
44
Western Coalfields Ltd.westerncoal.nic.in

A government administration entity dealing with coal operations in Nagpur, Maharashtra, India

Government Administration 馃嚠馃嚦 Nagpur 847 n/a
45
Institute Of Chemical Technologyictmumbai.edu.in

An esteemed university in Mumbai with a strong emphasis on chemical technology and research, producing top industrialists, academics, and entrepreneurs

Education Administration Programs 馃嚠馃嚦 Mumbai 815 1933
46
High Court of Bombaybombayhighcourt.nic.in

The Mumbai High Court, located in Maharashtra, India, is one of the oldest High Courts and has jurisdiction over several states and Union Territories

Administration of Justice 馃嚠馃嚦 Mumbai 795 n/a
47
Centre for Development of Advanced Computing (C-DAC)cdac.in

An autonomous scientific society under the Ministry of Communications and Information Technology in India, specializing in advanced computing and technology development

Technology, Information and Internet 馃嚠馃嚦 Pune 793 1988
48
Dr. Babasaheb Ambedkar Marathwada University, Aurangabadbamu.ac.in

Higher education institution located in Maharashtra, India, offering various academic programs at the university campus in Aurangabad

Higher Education 馃嚠馃嚦 Aurangabad 792 n/a
49
Veermata Jijabai Technological Institute (VJTI)vjti.ac.in

Renowned educational institution in Mumbai advancing knowledge and education in science and technology through research, innovation, and startup support

Education Administration Programs 馃嚠馃嚦 Mumbai 786 1887
50
Mumbai Port Trustmumbaiport.gov.in

Operates a port in Mumbai, India on the West coast, handling bulk cargo and connected to Nhava Sheva port for container traffic

Shipbuilding 馃嚠馃嚦 Mumbai 782 n/a
51
COEP Technological Universitycoep.org.in

The company is a prestigious engineering college in India, known for its autonomy, innovation, industry partnerships, and commitment to technological advancement in education and research

Higher Education 馃嚠馃嚦 Pune 760 1854
52
India Exim Bankeximbankindia.in

A financial institution established in 1982, providing financing and services to Indian exporters to promote foreign trade and support hi-tech exports

International Trade and Development 馃嚠馃嚦 Mumbai 751 1982
53
UBI Services Ltdubisl.co.in

A subsidiary of a public sector bank, offering institutional broking, mutual fund distribution, and financial solutions including loans for property and vehicles

Financial Services 馃嚠馃嚦 Thane 703 1999
54
Maharashtra State Power Generation Co. Limited. (Mahagenco.)

An electrical/electronic manufacturing company in Mumbai, Maharashtra, India, specializing in power generation and distribution systems

Appliances, Electrical, and Electronics Manufacturing 馃嚠馃嚦 Mumbai 685 n/a
55
Grant Medical College & Sir JJ Group Of Hospitals, Mumbaigmcjjh.org

The company is a prestigious medical college affiliated with a prominent university, offering undergraduate and postgraduate degrees in medicine, with a large associated hospital network

Higher Education 馃嚠馃嚦 Mumbai 671 1845
56
Punyashlok Ahilyadevi Holkar Solapur University, Solapursus.ac.in

Established university in Solapur catering to over 60,000 students with diverse academic activities and departments focused on various sciences, social sciences, education, and management

Higher Education 馃嚠馃嚦 Solapur 660 2004
57
Central Railwaycr.indianrailways.gov.in

Government administration company located in Mumbai, Maharashtra, India, specializing in Central Railway operations and management

Government Administration 馃嚠馃嚦 Mumbai 657 n/a
58
General Insurance Corporation of India (GIC Re)gicre.in

A leading Indian reinsurer with over 30 years of experience providing reinsurance solutions globally, including obligatory cessions, surplus treaties, and facultative acceptances

Insurance 馃嚠馃嚦 Mumbai 611 n/a
59
Shivaji University, Kolhapurunishivaji.ac.in

The company is a university established in 1962, catering to the regional needs of South Maharashtra with a focus on higher education and research

Education Administration Programs 馃嚠馃嚦 Kolhapur 607 1962
60
Bank of Barodabankofbaroda.in

Indian state-owned bank providing comprehensive financial services, headquartered in Gujarat, serving as the country's second largest banking institution.

Banking 馃嚠馃嚦 Mumbai 573 n/a
61
Indian Institute of Tropical Meteorologytropmet.res.in

Premiere research institute specializing in meteorology and atmospheric sciences with applications in agriculture, economics, health, water resources, transportation, and communications

Research Services 馃嚠馃嚦 Pune 563 n/a
62
Savitribai Phule Pune University (SPPU)unipune.ac.in

Established in 1949, this university in Pune, India offers a variety of academic programs on its sprawling 411-acre campus

Higher Education 馃嚠馃嚦 Pune 551 n/a
63
SBTCmahasbtc.org

The organization ensures the availability of safe and affordable blood and its components in Maharashtra as mandated by the Supreme Court

Wellness and Fitness Services 馃嚠馃嚦 Mumbai 140 n/a

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Oct 24, 2026.

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