Share the post "RateGain Travel Technologies Shareholding pattern update FY(Q1-Jun 2024-2025)"
RateGain Travel Technologies 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 | 6.04 | 5.69 | 51.25 | 48.25 | -3 % |
Public | 5.74 | 6.09 | 20.88 | 20.5 | -0.38 % |
DII | 2.04 | 2.55 | 17.32 | 21.65 | +4.33 % |
FII | 1.24 | 1.12 | 10.49 | 9.54 | -0.95 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 51.25% in March 2024 to 48.25% in June 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public decreased from 20.88% in March 2024 to 20.5% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 17.32% in March 2024 to 21.65% in June 2024 , indicating that domestic institutions increased their stake in the company by 4.33% . FIIs (Foreign Institutional Investors) shareholding decreased from 10.49% in March 2024 to 9.54% 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
---|---|---|---|---|---|
USHA CHOPRA | 0.168 | 0.124 | 1.42 | 1.05 | -0.37 % |
MEGHA CHOPRA | 1.424 | 1.114 | 12.09 | 9.45 | -2.64 % |
USHA CHOPRA faced a downturn in stakeholding this quarter, witnessing a decline of -0.37 % in stakeholding compared to the previous quarter.MEGHA CHOPRA faced a downturn in stakeholding this quarter, witnessing a decline of -2.64 % in stakeholding compared to the previous quarter.
Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Key Managerial Personnel | 0.012 | 0.010 | 0.1 | 0.08 | -0.02 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.109 | 1.231 | 9.41 | 10.45 | + 1.04 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0 | 0.022 | 0 | 0.18 | +0.18% |
Non Resident Indians (NRIs) | 0.136 | 0.126 | 1.15 | 1.07 | -0.08 % |
Bodies Corporate | 0.945 | 0.978 | 8.02 | 8.3 | + 0.28 % |
Any Other (specify) | 0.044 | 0.048 | 0.37 | 0.41 | + 0.04 % |
HUF | 0.033 | 0.037 | 0.28 | 0.31 | + 0.03 % |
Foreign Companies | 0.216 | 0 | 1.83 | 0 | -1.83% |
AVATAAR HOLDINGS | 0.216 | 0 | 1.83 | 0 | -1.83% |
Observations show a significant difference of -0.02 % in Key Managerial Personnel’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.04 %.Observations show a significant difference of -0.08 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.28 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.03 %.Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs had no shares in the previous quarter but now holds 0.18% of shares in the current quarter.Foreign Companies had 1.83% of shares in the previous quarter but exited in the current quarter.AVATAAR HOLDINGS had 1.83% of shares in the previous quarter but exited in the current quarter.
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/ | 1.699 | 2.150 | 14.41 | 18.24 | + 3.83 % |
SUNDARAM MUTUAL FUND A/C SUNDARAM LONG TERM MICRO | 0 | 0.223 | 0 | 1.89 | +1.89% |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA FLE | 0.824 | 0.794 | 6.99 | 6.73 | -0.26 % |
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 0.304 | 0.306 | 2.58 | 2.59 | + 0.01 % |
ICICI PRUDENTIAL INNOVATION FUND | 0.182 | 0.337 | 1.54 | 2.86 | + 1.32 % |
Alternate Investment Funds | 0.135 | 0.208 | 1.15 | 1.77 | + 0.62 % |
Insurance Companies | 0.206 | 0.194 | 1.75 | 1.65 | -0.1 % |
KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. | 0.125 | 0.122 | 1.06 | 1.04 | -0.02 % |
SUNDARAM MUTUAL FUND A/C SUNDARAM SERVICES FUND | 0.139 | 0 | 1.18 | 0 | -1.18% |
NBFCs registered with RBI | 0.001 | 0 | 0.01 | 0 | -0.01% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 3.83 % in their shares.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA FLE decreased their stake from 6.73% in the previous quarter to 6.99% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.26 %.The latest quarter saw a considerable enhancement in stakeholding for ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C, reflecting an uptick of 0.01 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for ICICI PRUDENTIAL INNOVATION FUND, reflecting an uptick of 1.32 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.62 % in their shares.Insurance Companies decreased their stake from 1.65% in the previous quarter to 1.75% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.1 %.KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. decreased their stake from 1.04% in the previous quarter to 1.06% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.SUNDARAM MUTUAL FUND A/C SUNDARAM LONG TERM MICRO had no shares in the previous quarter but now holds 1.89% of shares in the current quarter.SUNDARAM MUTUAL FUND A/C SUNDARAM SERVICES FUND had 1.18% of shares in the previous quarter but exited in the current quarter.NBFCs registered with RBI had 0.01% of shares in the previous quarter but exited in the current quarter.
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 | 1.151 | 1.057 | 9.77 | 8.97 | -0.8 % |
GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P | 0.260 | 0.262 | 2.21 | 2.22 | + 0.01 % |
Foreign Portfolio Investors Category II | 0.085 | 0.067 | 0.72 | 0.57 | -0.15 % |
Stakeholding dwindled by -0.8 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P, which experienced a significant increase of 0.01 % .Stakeholding dwindled by -0.15 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.