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Steel Exchange 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 | 66.36 | 59.36 | 55.41 | 49.56 | -5.85 % |
| Public | 53.40 | 60.40 | 41.57 | 48.23 | +6.66 % |
| DII | 1.54 | 1.51 | 1.29 | 1.26 | -0.03 % |
| FII | 1.76 | 0.83 | 1.47 | 0.69 | -0.78 % |
| Government | 0.31 | 0.31 | 0.26 | 0.26 | 0 |
Promoters’ shareholding decreased from 55.41% in March 2024 to 49.56% 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 increased from 41.57% in March 2024 to 48.23% 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 1.29% in March 2024 to 1.26% in June 2024 , indicating that domestic institutions reduced their -0.03 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 1.47% in March 2024 to 0.69% 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 .During quater from March 2024 to June 2024, Goverenment ownership remained steady at 0.26%.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 (%) |
|---|---|---|---|---|---|
| UMASHIV GARMENTS PRIVATE LTD | 26.611 | 20.611 | 22.22 | 17.21 | -5.01 % |
| VIZAG PROFILES PRIVATE LIMITED | 25.488 | 24.488 | 21.28 | 20.45 | -0.83 % |
UMASHIV GARMENTS PRIVATE LTD faced a downturn in stakeholding this quarter, witnessing a decline of -5.01 % in stakeholding compared to the previous quarter.VIZAG PROFILES PRIVATE LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.83 % 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 23.016 | 25.121 | 19.22 | 20.98 | + 1.76 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 9.028 | 10.043 | 7.54 | 8.39 | + 0.85 % |
| Non Resident Indians (NRIs) | 0.584 | 0.663 | 0.49 | 0.55 | + 0.06 % |
| Foreign Companies | 1.331 | 0.600 | 1.11 | 0.5 | -0.61 % |
| Bodies Corporate | 14.354 | 19.842 | 11.99 | 16.57 | + 4.58 % |
| India Coke And Power Private Limited | 0 | 4.000 | 0 | 3.34 | +3.34% |
| ROSE CITY HOLDINGS LIMITED | 1.331 | 0 | 1.11 | 0 | -1.11% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.76 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.85 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.06 %.Observations show a significant difference of -0.61 % in Foreign Companies’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 4.58 %.India Coke And Power Private Limited had no shares in the previous quarter but now holds 3.34% of shares in the current quarter.ROSE CITY HOLDINGS 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 (%) |
|---|---|---|---|---|---|
| NBFCs registered with RBI | 0.027 | 0 | 0.02 | 0 | -0.02% |
NBFCs registered with RBI had 0.02% 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 | 1.756 | 0.827 | 1.47 | 0.69 | -0.78 % |
Stakeholding dwindled by -0.78 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.
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