Share the post "Timken India Shareholding pattern update FY(Q1-Jun 2024-2025)"
Timken India 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 | 4.34 | 3.84 | 57.7 | 51.05 | -6.65 % |
| Public | 3.18 | 3.68 | 11.46 | 10.69 | -0.77 % |
| DII | 1.78 | 1.94 | 23.64 | 25.73 | +2.09 % |
| FII | 0.54 | 0.94 | 7.2 | 12.53 | +5.33 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 57.7% in March 2024 to 51.05% 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 11.46% in March 2024 to 10.69% 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 23.64% in March 2024 to 25.73% in June 2024 , indicating that domestic institutions increased their stake in the company by 2.09% . FIIs (Foreign Institutional Investors): There was a significant increase from 7.2% in March 2024 to 12.53% in June 2024. This suggests that foreign institutions grew their investments 5.33 in the company during the quarter. During quater from March 2024 to June 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
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 (%) |
|---|---|---|---|---|---|
| Timken Singapore Pte Ltd | 0 | 3.840 | 0 | 51.05 | +51.05% |
| TIMKEN SINGAPORE PTE LTD | 4.340 | 0 | 57.7 | 0 | -57.7% |
Promoters’ shareholding decreased from 57.7% in March 2024 to 51.05% 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 11.46% in March 2024 to 10.69% 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 23.64% in March 2024 to 25.73% in June 2024 , indicating that domestic institutions increased their stake in the company by 2.09% . FIIs (Foreign Institutional Investors): There was a significant increase from 7.2% in March 2024 to 12.53% in June 2024. This suggests that foreign institutions grew their investments 5.33 in the company during the quarter. During quater from March 2024 to June 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.Timken Singapore Pte Ltd had no shares in the previous quarter but now holds 51.05% of shares in the current quarter.TIMKEN SINGAPORE PTE LTD had 57.7% 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.536 | 0.525 | 7.12 | 6.99 | -0.13 % |
| Bodies Corporate | 0.084 | 0.053 | 1.11 | 0.71 | -0.4 % |
| Any Other (specify) | 0.035 | 0.018 | 0.47 | 0.24 | -0.23 % |
| HUF | 0.015 | 0.014 | 0.19 | 0.18 | -0.01 % |
| LLP | 0.017 | 0.004 | 0.23 | 0.05 | -0.18 % |
| Trusts | 0.003 | 0.000 | 0.04 | 0 | -0.04 % |
| INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS | 0.099 | 0 | 1.31 | 0 | -1.31% |
Observations show a significant difference of -0.13 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.4 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.23 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.18 % in LLP’s financial performance between quarters.Observations show a significant difference of -0.04 % in Trusts’s financial performance between quarters.INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS had 1.31% 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/ | 1.537 | 1.626 | 20.43 | 21.61 | + 1.18 % |
| ICICI Prudential Midcap Fund | 0 | 0.075 | 0 | 1 | +1% |
| AXIS Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund | 0 | 0.079 | 0 | 1.05 | +1.05% |
| PGIM India Trustees Private Limited A/C Pgim India Mid Cap Opportunities Fund | 0 | 0.082 | 0 | 1.09 | +1.09% |
| HSBC Small Cap Fund | 0 | 0.092 | 0 | 1.23 | +1.23% |
| Mirae Asset Large Cap Fund | 0 | 0.157 | 0 | 2.09 | +2.09% |
| Sbi Large & Midcap Fund | 0 | 0.202 | 0 | 2.68 | +2.68% |
| HDFC Mutual Fund – Hdfc Mid-Cap Opportunities Fund | 0 | 0.251 | 0 | 3.34 | +3.34% |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 0 | 0.312 | 0 | 4.15 | +4.15% |
| Insurance Companies | 0.156 | 0.214 | 2.07 | 2.84 | + 0.77 % |
| Tata Aia Life Insurance Co Ltd-Whole Life Mid Cap Equity Fund-Ulif 009 04/01/07 Wle 110 | 0 | 0.078 | 0 | 1.04 | +1.04% |
| HDFC Life Insurance Company Limited | 0 | 0.082 | 0 | 1.09 | +1.09% |
| NBFCs registered with RBI | 0 | 0.011 | 0 | 0.15 | +0.15% |
| SBI RETIREMENT BENEFIT FUND- CONSERVATIVE PLAN | 0.213 | 0 | 2.84 | 0 | -2.84% |
| HDFC TRUSTEE COMPANY LTD. A/C HDFC CAPITAL BUILDER VALUE FUND | 0.225 | 0 | 2.99 | 0 | -2.99% |
| MIRAE ASSET NIFTY MIDCAP 150 ETF | 0.190 | 0 | 2.53 | 0 | -2.53% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/c NIPPON INDIA FLEXI CAP FUND | 0.276 | 0 | 3.67 | 0 | -3.67% |
| PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA MID CAP OPPORTUNITIES FUND | 0.080 | 0 | 1.07 | 0 | -1.07% |
| HSBC SMALL CAP FUND | 0.084 | 0 | 1.11 | 0 | -1.11% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE RETIREMENT FUND THE 50S PLAN | 0.098 | 0 | 1.3 | 0 | -1.3% |
| HDFC LIFE INSURANCE COMPANY LIMITED | 0.083 | 0 | 1.11 | 0 | -1.11% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.18 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.77 % in their shares.ICICI Prudential Midcap Fund had no shares in the previous quarter but now holds 1% of shares in the current quarter.AXIS Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund had no shares in the previous quarter but now holds 1.05% of shares in the current quarter.PGIM India Trustees Private Limited A/C Pgim India Mid Cap Opportunities Fund had no shares in the previous quarter but now holds 1.09% of shares in the current quarter.HSBC Small Cap Fund had no shares in the previous quarter but now holds 1.23% of shares in the current quarter.Mirae Asset Large Cap Fund had no shares in the previous quarter but now holds 2.09% of shares in the current quarter.Sbi Large & Midcap Fund had no shares in the previous quarter but now holds 2.68% of shares in the current quarter.HDFC Mutual Fund – Hdfc Mid-Cap Opportunities Fund had no shares in the previous quarter but now holds 3.34% of shares in the current quarter.Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund had no shares in the previous quarter but now holds 4.15% of shares in the current quarter.Tata Aia Life Insurance Co Ltd-Whole Life Mid Cap Equity Fund-Ulif 009 04/01/07 Wle 110 had no shares in the previous quarter but now holds 1.04% of shares in the current quarter.HDFC Life Insurance Company Limited had no shares in the previous quarter but now holds 1.09% of shares in the current quarter.NBFCs registered with RBI had no shares in the previous quarter but now holds 0.15% of shares in the current quarter.SBI RETIREMENT BENEFIT FUND- CONSERVATIVE PLAN had 2.84% of shares in the previous quarter but exited in the current quarter.HDFC TRUSTEE COMPANY LTD. A/C HDFC CAPITAL BUILDER VALUE FUND had 2.99% of shares in the previous quarter but exited in the current quarter.MIRAE ASSET NIFTY MIDCAP 150 ETF had 2.53% of shares in the previous quarter but exited in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/c NIPPON INDIA FLEXI CAP FUND had 3.67% of shares in the previous quarter but exited in the current quarter.PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA MID CAP OPPORTUNITIES FUND had 1.07% of shares in the previous quarter but exited in the current quarter.HSBC SMALL CAP FUND had 1.11% of shares in the previous quarter but exited in the current quarter.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE RETIREMENT FUND THE 50S PLAN had 1.3% of shares in the previous quarter but exited in the current quarter.HDFC LIFE INSURANCE COMPANY LIMITED had 1.11% 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 | 0.542 | 0.920 | 7.2 | 12.23 | + 5.03 % |
| Government Of Singapore | 0 | 0.288 | 0 | 3.82 | +3.82% |
| Foreign Portfolio Investors Category II | 0 | 0.023 | 0 | 0.3 | +0.3% |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 5.03 % .Government Of Singapore had no shares in the previous fiii quarter but now holds 3.82% of shares in the current quarter.Foreign Portfolio Investors Category II had no shares in the previous fiii quarter but now holds 0.3% of shares in the current quarter.
