Share the post "PRAVEG Shareholding pattern update FY(Q1-Jun 2024-2025)"
PRAVEG 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 | 1.18 | 1.19 | 48.18 | 45.97 | -2.21 % |
Public | 1.27 | 1.40 | 41.88 | 40.14 | -1.74 % |
DII | 0.08 | 0.13 | 3.42 | 4.87 | +1.45 % |
FII | 0.16 | 0.23 | 6.52 | 9.02 | +2.5 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 48.18% in March 2024 to 45.97% 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 41.88% in March 2024 to 40.14% 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 3.42% in March 2024 to 4.87% in June 2024 , indicating that domestic institutions increased their stake in the company by 1.45% . FIIs (Foreign Institutional Investors): There was a significant increase from 6.52% in March 2024 to 9.02% in June 2024. This suggests that foreign institutions grew their investments 2.5 in the company during the quarter.
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 (%) |
---|---|---|---|---|---|
Patel Ashaben Vishnukumar | 0.366 | 0.366 | 14.9 | 14.15 | -0.75 % |
Harsh Vishnubhai Patel | 0.083 | 0.083 | 3.37 | 3.2 | -0.17 % |
Paraskumar Maneklal Patel | 0.070 | 0.070 | 2.85 | 2.71 | -0.14 % |
Vishnukumar Vitthaldas Patel | 0.551 | 0.552 | 22.44 | 21.36 | -1.08 % |
Kamlaben Vitthalbhai Patel | 0.060 | 0.060 | 2.45 | 2.33 | -0.12 % |
Vitthalbhai Dwarkadas Patel | 0.050 | 0.050 | 2.05 | 1.95 | -0.1 % |
Jhaveri Credits and Capital Limited | 0 | 0.004 | 0 | 0.16 | +0.16% |
Patel Ashaben Vishnukumar faced a downturn in stakeholding this quarter, witnessing a decline of -0.75 % in stakeholding compared to the previous quarter.Harsh Vishnubhai Patel faced a downturn in stakeholding this quarter, witnessing a decline of -0.17 % in stakeholding compared to the previous quarter.Paraskumar Maneklal Patel faced a downturn in stakeholding this quarter, witnessing a decline of -0.14 % in stakeholding compared to the previous quarter.Vishnukumar Vitthaldas Patel faced a downturn in stakeholding this quarter, witnessing a decline of -1.08 % in stakeholding compared to the previous quarter.Kamlaben Vitthalbhai Patel faced a downturn in stakeholding this quarter, witnessing a decline of -0.12 % in stakeholding compared to the previous quarter.Vitthalbhai Dwarkadas Patel faced a downturn in stakeholding this quarter, witnessing a decline of -0.1 % in stakeholding compared to the previous quarter.Jhaveri Credits and Capital Limited had no shares in the previous quarter but now holds 0.16% of shares 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 | 0.561 | 0.557 | 22.86 | 21.57 | -1.29 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.274 | 0.243 | 11.16 | 9.41 | -1.75 % |
HITESHKUMAR RASIKLAL SHAH | 0.027 | 0.027 | 1.11 | 1.05 | -0.06 % |
Non Resident Indians (NRIs) | 0.056 | 0.067 | 2.29 | 2.61 | + 0.32 % |
Bodies Corporate | 0.074 | 0.107 | 3.02 | 4.15 | + 1.13 % |
Any Other (specify) | 0.061 | 0.061 | 2.51 | 2.35 | -0.16 % |
LLP | 0.016 | 0.018 | 0.65 | 0.69 | + 0.04 % |
HUF | 0.043 | 0.039 | 1.74 | 1.52 | -0.22 % |
Trusts | 0.003 | 0.004 | 0.11 | 0.14 | + 0.03 % |
Observations show a significant difference of -1.29 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -1.75 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.06 % in HITESHKUMAR RASIKLAL SHAH’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.32 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 1.13 %.Observations show a significant difference of -0.16 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.04 %.Observations show a significant difference of -0.22 % in HUF’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.03 %.
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/ | 0.053 | 0.058 | 2.16 | 2.26 | + 0.1 % |
TATA MUTUAL FUND | 0 | 0.058 | 0 | 2.26 | +2.26% |
Alternate Investment Funds | 0 | 0.016 | 0 | 0.62 | +0.62% |
Insurance Companies | 0.030 | 0.051 | 1.22 | 1.97 | + 0.75 % |
Kotak Mahindra Life Insurance Company Limited | 0.030 | 0.030 | 1.22 | 1.16 | -0.06 % |
Tata Mutual Fund | 0.053 | 0 | 2.16 | 0 | -2.16% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.1 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.75 % in their shares.Kotak Mahindra Life Insurance Company Limited decreased their stake from 1.16% in the previous quarter to 1.22% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.TATA MUTUAL FUND had no shares in the previous quarter but now holds 2.26% of shares in the current quarter.Alternate Investment Funds had no shares in the previous quarter but now holds 0.62% of shares in the current quarter.Tata Mutual Fund had 2.16% 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 | 0.158 | 0.230 | 6.43 | 8.92 | + 2.49 % |
MNCL CAPITAL COMPOUNDER FUND 2 | 0 | 0.030 | 0 | 1.16 | +1.16% |
TIMF Holdings | 0 | 0.052 | 0 | 2.03 | +2.03% |
IEGFL – MULTI OPPORTUNITY | 0.027 | 0.032 | 1.09 | 1.25 | + 0.16 % |
SAGEONE – FLAGSHIP GROWTH 2 FUND | 0.034 | 0.034 | 1.4 | 1.33 | -0.07 % |
GOLDMAN SACHS FUNDS – GOLDMAN SACHS | 0.053 | 0.054 | 2.18 | 2.11 | -0.07 % |
Foreign Portfolio Investors Category II | 0.002 | 0.002 | 0.09 | 0.1 | + 0.01 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 2.49 % .During this past quarter, there was a noteworthy upswing in stakeholding for IEGFL – MULTI OPPORTUNITY, which experienced a significant increase of 0.16 % .Stakeholding dwindled by -0.07 % for SAGEONE – FLAGSHIP GROWTH 2 FUND in comparison to the preceding quarter.Stakeholding dwindled by -0.07 % for GOLDMAN SACHS FUNDS – GOLDMAN SACHS in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.01 % .MNCL CAPITAL COMPOUNDER FUND 2 had no shares in the previous fiii quarter but now holds 1.16% of shares in the current quarter.TIMF Holdings had no shares in the previous fiii quarter but now holds 2.03% of shares in the current quarter.