Share the post "Shareholding Pattern: Shareholding Pattern Karnataka Bank FY(Q1-Jun 2024-2025)"
Karnataka Bank has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
Shareholder Name | Previous Quater Quantity(In Crores) | Current Quater Quantity(In Crores) | Previous Quater Shares(in %) | Current Quater Shares(in %) | Quater to Quater Difference |
---|---|---|---|---|---|
Promoters | 0.00 | 0.00 | 0 | 0 | 0 |
Public | 37.72 | 37.75 | 58.09 | 62.43 | +4.34 % |
DII | 8.70 | 8.63 | 23.05 | 22.85 | -0.2 % |
FII | 7.11 | 5.56 | 18.86 | 14.72 | -4.14 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 0% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 58.09% in March 2024 to 62.43% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 23.05% in March 2024 to 22.85% in June 2024 , indicating that domestic institutions reduced their -0.2 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 18.86% in March 2024 to 14.72% in June 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .
Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.
Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 11.663 | 12.663 | 30.91 | 33.55 | + 2.64 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 8.085 | 8.465 | 21.43 | 22.43 | + 1 % |
B SUMANTHKUMAR REDDY | 0.710 | 0.718 | 1.88 | 1.9 | + 0.02 % |
Non Resident Indians (NRIs) | 0.758 | 0.875 | 2.01 | 2.32 | + 0.31 % |
Bodies Corporate | 1.276 | 1.427 | 3.38 | 3.78 | + 0.4 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 2.64 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1 %.Leading the way to higher stakeholding, B SUMANTHKUMAR REDDY has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.31 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.4 %.
Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Mutual Funds/ | 3.673 | 3.477 | 9.74 | 9.21 | -0.53 % |
Alternate Investment Funds | 0.007 | 0.107 | 0.02 | 0.28 | + 0.26 % |
Insurance Companies | 5.016 | 5.043 | 13.3 | 13.36 | + 0.06 % |
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. | 0.853 | 0.755 | 2.26 | 2 | -0.26 % |
HDFC LIFE INSURANCE COMPANY LIMITED | 1.357 | 1.357 | 3.6 | 3.59 | -0.01 % |
Mutual Funds/ decreased their stake from 9.21% in the previous quarter to 9.74% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.53 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.26 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.06 % in their shares.BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. decreased their stake from 2% in the previous quarter to 2.26% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.26 %.HDFC LIFE INSURANCE COMPANY LIMITED decreased their stake from 3.59% in the previous quarter to 3.6% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.
Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Foreign Portfolio Investors Category I | 6.855 | 5.378 | 18.17 | 14.25 | -3.92 % |
ZEAL GLOBAL OPPORTUNITIES FUND | 0.759 | 0.463 | 2.01 | 1.23 | -0.78 % |
Foreign Portfolio Investors Category II | 0.259 | 0.179 | 0.69 | 0.47 | -0.22 % |
LSV EMERGING MARKETS EQUITY FUND LP | 0.401 | 0 | 1.06 | 0 | -1.06% |
Stakeholding dwindled by -3.92 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.78 % for ZEAL GLOBAL OPPORTUNITIES FUND in comparison to the preceding quarter.Stakeholding dwindled by -0.22 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.LSV EMERGING MARKETS EQUITY FUND LP had 1.06% of shares in the previous quarter but exited in the current quarter.
[my_shortcode1 values=”Karnataka Bank “]