Share the post "Power Finance Corporation Shareholding pattern update FY(Q1-Jun 2024-2025)"
Power Finance Corporation 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 | 184.79 | 184.79 | 55.99 | 55.99 | 0 |
Public | 145.22 | 145.22 | 8.56 | 9 | +0.44 % |
DII | 60.27 | 56.36 | 18.26 | 17.08 | -1.18 % |
FII | 56.74 | 59.16 | 17.19 | 17.93 | +0.74 % |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 55.99% 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 8.56% in March 2024 to 9% 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 18.26% in March 2024 to 17.08% in June 2024 , indicating that domestic institutions reduced their -1.18 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 17.19% in March 2024 to 17.93% in June 2024. This suggests that foreign institutions grew their investments 0.74 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 (%) |
---|---|---|---|---|---|
President of India | 0 | 184.786 | 0 | 55.99 | +55.99% |
PRESIDENT OF INDIA | 184.786 | 0 | 55.99 | 0 | -55.99% |
Promoters shareholding remained stable, at 55.99% 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 8.56% in March 2024 to 9% 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 18.26% in March 2024 to 17.08% in June 2024 , indicating that domestic institutions reduced their -1.18 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 17.19% in March 2024 to 17.93% in June 2024. This suggests that foreign institutions grew their investments 0.74 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.President of India had no shares in the previous quarter but now holds 55.99% of shares in the current quarter.PRESIDENT OF INDIA had 55.99% 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 | 16.852 | 18.917 | 5.11 | 5.73 | + 0.62 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 5.679 | 5.201 | 1.72 | 1.58 | -0.14 % |
Non Resident Indians (NRIs) | 0.863 | 0.891 | 0.26 | 0.27 | + 0.01 % |
Bodies Corporate | 3.577 | 3.425 | 1.08 | 1.04 | -0.04 % |
Any Other (specify) | 1.226 | 1.247 | 0.37 | 0.38 | + 0.01 % |
Clearing Members | 0.005 | 0.018 | 0 | 0.01 | + 0.01 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.62 %.Observations show a significant difference of -0.14 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.04 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 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 (%) |
---|---|---|---|---|---|
Mutual Funds/ | 41.694 | 38.449 | 12.63 | 11.65 | -0.98 % |
NIPPON LIFE INDIA TRSUTEE LTD- A/C NIPPON INDIA FLE | 0 | 5.440 | 0 | 1.65 | +1.65% |
KOTAK EQUITY HYBRID | 0 | 5.497 | 0 | 1.67 | +1.67% |
HDFC TRUSTEE COMPANY LTD. A/C HDFC TOP 100 FUND | 0 | 7.012 | 0 | 2.12 | +2.12% |
DSP DYNAMIC ASSET ALLOCATION FUND | 0 | 3.903 | 0 | 1.18 | +1.18% |
Alternate Investment Funds | 2.145 | 1.827 | 0.65 | 0.55 | -0.1 % |
Banks | 0.079 | 0.029 | 0.02 | 0.01 | -0.01 % |
Insurance Companies | 16.086 | 14.901 | 4.87 | 4.52 | -0.35 % |
LICI LIFE NON-PAR | 0 | 7.051 | 0 | 2.14 | +2.14% |
Provident Funds/ Pension Funds | 0.127 | 1.013 | 0.04 | 0.31 | + 0.27 % |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ETF | 5.233 | 0 | 1.59 | 0 | -1.59% |
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINA | 6.163 | 0 | 1.87 | 0 | -1.87% |
HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANT | 10.260 | 0 | 3.11 | 0 | -3.11% |
DSP REGULAR SAVINGS FUND | 4.107 | 0 | 1.24 | 0 | -1.24% |
LICI Pension plus non unit fund | 7.051 | 0 | 2.14 | 0 | -2.14% |
Mutual Funds/ decreased their stake from 11.65% in the previous quarter to 12.63% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.98 %.Alternate Investment Funds decreased their stake from 0.55% in the previous quarter to 0.65% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.1 %.Banks decreased their stake from 0.01% in the previous quarter to 0.02% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 4.52% in the previous quarter to 4.87% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.35 %.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.27 % in their shares.NIPPON LIFE INDIA TRSUTEE LTD- A/C NIPPON INDIA FLE had no shares in the previous quarter but now holds 1.65% of shares in the current quarter.KOTAK EQUITY HYBRID had no shares in the previous quarter but now holds 1.67% of shares in the current quarter.HDFC TRUSTEE COMPANY LTD. A/C HDFC TOP 100 FUND had no shares in the previous quarter but now holds 2.12% of shares in the current quarter.DSP DYNAMIC ASSET ALLOCATION FUND had no shares in the previous quarter but now holds 1.18% of shares in the current quarter.LICI LIFE NON-PAR had no shares in the previous quarter but now holds 2.14% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ETF had 1.59% of shares in the previous quarter but exited in the current quarter.KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINA had 1.87% of shares in the previous quarter but exited in the current quarter.HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANT had 3.11% of shares in the previous quarter but exited in the current quarter.DSP REGULAR SAVINGS FUND had 1.24% of shares in the previous quarter but exited in the current quarter.LICI Pension plus non unit fund had 2.14% 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 | 54.333 | 56.846 | 16.46 | 17.23 | + 0.77 % |
Foreign Portfolio Investors Category II | 2.404 | 2.318 | 0.73 | 0.7 | -0.03 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.77 % .Stakeholding dwindled by -0.03 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.