Share the post "REDTAPE Shareholding pattern update FY(Q1-Jun 2024-2025)"
REDTAPE 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 | 9.92 | 9.92 | 71.76 | 71.79 | +0.03 % |
Public | 3.90 | 3.90 | 17.27 | 16.14 | -1.13 % |
DII | 1.09 | 1.23 | 7.87 | 8.9 | +1.03 % |
FII | 0.43 | 0.44 | 3.1 | 3.17 | +0.07 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding increased from 71.76% in March 2024 to 71.79% in June 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 17.27% in March 2024 to 16.14% 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 7.87% in March 2024 to 8.9% in June 2024 , indicating that domestic institutions increased their stake in the company by 1.03% . FIIs (Foreign Institutional Investors): There was a significant increase from 3.1% in March 2024 to 3.17% in June 2024. This suggests that foreign institutions grew their investments 0.07 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 (%) |
---|---|---|---|---|---|
TAUSEEF AHMAD MIRZA | 0.009 | 0.009 | 0.06 | 0.07 | + 0.01 % |
RASHID AHMED MIRZA | 1.834 | 1.837 | 13.27 | 13.29 | + 0.02 % |
TAUSEEF AHMAD MIRZA has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.01 %.RASHID AHMED MIRZA has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.02 %.
Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category) | 0.150 | 0.146 | 1.09 | 1.06 | -0.03 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.565 | 1.467 | 11.33 | 10.61 | -0.72 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.225 | 0.219 | 1.63 | 1.58 | -0.05 % |
Non Resident Indians (NRIs) | 0.101 | 0.085 | 0.73 | 0.62 | -0.11 % |
Bodies Corporate | 0.247 | 0.218 | 1.78 | 1.58 | -0.2 % |
Any Other (specify) | 0.050 | 0.049 | 0.36 | 0.35 | -0.01 % |
HUF | 0.050 | 0.044 | 0.36 | 0.32 | -0.04 % |
Clearing Members | 0.000 | 0.004 | 0 | 0.03 | + 0.03 % |
Observations show a significant difference of -0.03 % in Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category)’s financial performance between quarters.Observations show a significant difference of -0.72 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.05 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.11 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.2 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.01 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.04 % in HUF’s financial performance between quarters.Leading the way to higher stakeholding, Clearing Members 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/ | 1.076 | 1.218 | 7.79 | 8.81 | + 1.02 % |
ICICI PRUDENTIAL BHARAT CONSUMPTION FUND | 0 | 0.635 | 0 | 4.59 | +4.59% |
Alternate Investment Funds | 0.010 | 0.011 | 0.07 | 0.08 | + 0.01 % |
ICICI PRUDENTIAL LONG TERM WEALTH ENHANCEMENT FUND | 0.494 | 0 | 3.57 | 0 | -3.57% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.02 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.01 % in their shares.ICICI PRUDENTIAL BHARAT CONSUMPTION FUND had no shares in the previous quarter but now holds 4.59% of shares in the current quarter.ICICI PRUDENTIAL LONG TERM WEALTH ENHANCEMENT FUND had 3.57% 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 | 0.285 | 0.276 | 2.06 | 2 | -0.06 % |
Foreign Portfolio Investors Category II | 0.140 | 0.158 | 1.01 | 1.14 | + 0.13 % |
Stakeholding dwindled by -0.06 % for Foreign Portfolio Investors Category I 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 0.13 % .