Share the post "Akar Auto Industries Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Akar Auto Industries Limited has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
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 | 0.79 | 0.79 | 73.06 | 73.06 | 0 |
Public | 0.28 | 0.29 | 26.4 | 26.94 | +0.54 % |
DII | 0 | 0 | 0 | 0 | 0 |
FII | 0 | 0 | 0 | 0 | 0 |
Government | 0.01 | 0.00 | 0.54 | 0 | -0.54 % |
Promoters shareholding remained stable, at 73.06% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. During quater from December 2023 to March 2024, Government’s ownership witnessed a decline, dropping to 0%, indicating a decrease in the government’s stake in the company over this period.
Let’s delve deeper 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 (%) |
---|---|---|---|---|---|
RAGHUNANDAN LAL GUPTA | 0 | 0.124 | 0 | 11.48 | +11.48% |
NARENDRAKUMAR GUPTA | 0 | 0.168 | 0 | 15.55 | +15.55% |
SUSHILADEVI RAGHUNANDANLAL GUPTA | 0 | 0.004 | 0 | 0.34 | +0.34% |
NITIN NARENDRAKUMAR GUPTA | 0 | 0.063 | 0 | 5.88 | +5.88% |
USHA GUPTA | 0 | 0.224 | 0 | 20.72 | +20.72% |
AKAR ALLOYS PRIVATE LIMITED | 0 | 0.086 | 0 | 7.96 | +7.96% |
AURANGABAD FORGING PRIVATE LIMITED | 0 | 0.025 | 0 | 2.33 | +2.33% |
GUPTA CONCAST LTD | 0 | 0.020 | 0 | 1.85 | +1.85% |
AKAR INDUSTRIES PRIVATE LIMITED | 0 | 0.001 | 0 | 0.09 | +0.09% |
LAVANYA FINVEST PRIVATE LIMITED | 0 | 0.032 | 0 | 2.97 | +2.97% |
SHATRUNJI INVESTMENT PRIVATE LIMITED | 0 | 0.039 | 0 | 3.64 | +3.64% |
SANT EKNATH ROLLING MILLS PVT LTD | 0 | 0.003 | 0 | 0.26 | +0.26% |
Narendrakumar Gupta | 0.168 | 0 | 15.55 | 0 | -15.55% |
Raghunandan Lal Gupta | 0.124 | 0 | 11.48 | 0 | -11.48% |
Sushiladevi Gupta | 0.004 | 0 | 0.34 | 0 | -0.34% |
Nitin Narendrakumar Gupta | 0.063 | 0 | 5.88 | 0 | -5.88% |
Usha Gupta | 0.224 | 0 | 20.72 | 0 | -20.72% |
Akar Alloys Private Limited | 0.086 | 0 | 7.96 | 0 | -7.96% |
Aurangabad Forging Private Limited | 0.025 | 0 | 2.33 | 0 | -2.33% |
Gupta Concast Limited | 0.020 | 0 | 1.85 | 0 | -1.85% |
Akar Industries Private Limited | 0.001 | 0 | 0.09 | 0 | -0.09% |
Lavanya Finvest Private Limited | 0.032 | 0 | 2.97 | 0 | -2.97% |
Shatrunji Investment Private Limited | 0.039 | 0 | 3.64 | 0 | -3.64% |
Sant Eknath Rolling Mills Pvt Ltd | 0.003 | 0 | 0.26 | 0 | -0.26% |
Promoters shareholding remained stable, at 73.06% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. During quater from December 2023 to March 2024, Government’s ownership witnessed a decline, dropping to 0%, indicating a decrease in the government’s stake in the company over this period.RAGHUNANDAN LAL GUPTA had no shares in the previous quarter but now holds 11.48% of shares in the current quarter.NARENDRAKUMAR GUPTA had no shares in the previous quarter but now holds 15.55% of shares in the current quarter.SUSHILADEVI RAGHUNANDANLAL GUPTA had no shares in the previous quarter but now holds 0.34% of shares in the current quarter.NITIN NARENDRAKUMAR GUPTA had no shares in the previous quarter but now holds 5.88% of shares in the current quarter.USHA GUPTA had no shares in the previous quarter but now holds 20.72% of shares in the current quarter.AKAR ALLOYS PRIVATE LIMITED had no shares in the previous quarter but now holds 7.96% of shares in the current quarter.AURANGABAD FORGING PRIVATE LIMITED had no shares in the previous quarter but now holds 2.33% of shares in the current quarter.GUPTA CONCAST LTD had no shares in the previous quarter but now holds 1.85% of shares in the current quarter.AKAR INDUSTRIES PRIVATE LIMITED had no shares in the previous quarter but now holds 0.09% of shares in the current quarter.LAVANYA FINVEST PRIVATE LIMITED had no shares in the previous quarter but now holds 2.97% of shares in the current quarter.SHATRUNJI INVESTMENT PRIVATE LIMITED had no shares in the previous quarter but now holds 3.64% of shares in the current quarter.SANT EKNATH ROLLING MILLS PVT LTD had no shares in the previous quarter but now holds 0.26% of shares in the current quarter.Narendrakumar Gupta had 15.55% of shares in the previous quarter but exited in the current quarter.Raghunandan Lal Gupta had 11.48% of shares in the previous quarter but exited in the current quarter.Sushiladevi Gupta had 0.34% of shares in the previous quarter but exited in the current quarter.Nitin Narendrakumar Gupta had 5.88% of shares in the previous quarter but exited in the current quarter.Usha Gupta had 20.72% of shares in the previous quarter but exited in the current quarter.Akar Alloys Private Limited had 7.96% of shares in the previous quarter but exited in the current quarter.Aurangabad Forging Private Limited had 2.33% of shares in the previous quarter but exited in the current quarter.Gupta Concast Limited had 1.85% of shares in the previous quarter but exited in the current quarter.Akar Industries Private Limited had 0.09% of shares in the previous quarter but exited in the current quarter.Lavanya Finvest Private Limited had 2.97% of shares in the previous quarter but exited in the current quarter.Shatrunji Investment Private Limited had 3.64% of shares in the previous quarter but exited in the current quarter.Sant Eknath Rolling Mills Pvt Ltd had 0.26% 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 (%) |
---|---|---|---|---|---|
Investor Education and Protection Fund | 0 | 0.006 | 0 | 0.54 | +0.54% |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.179 | 0.184 | 16.58 | 17.07 | + 0.49 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.053 | 0.046 | 4.9 | 4.27 | -0.63 % |
VARUN GUPTA | 0 | 0.011 | 0 | 1 | +1% |
Non Resident Indians (NRIs) | 0.015 | 0.016 | 1.43 | 1.47 | + 0.04 % |
Bodies Corporate | 0.024 | 0.024 | 2.25 | 2.24 | -0.01 % |
NATIONAL STOCK EXCHANGE OF INDIA LIMITED ACCOUNT KARVY STOCK BROKING LIMITED | 0 | 0.011 | 0 | 1.01 | +1.01% |
Any Other (specify) | 0.013 | 0.015 | 1.24 | 1.35 | + 0.11 % |
HUF | 0.012 | 0.014 | 1.1 | 1.26 | + 0.16 % |
Clearing Members | 0.001 | 0.001 | 0.14 | 0.09 | -0.05 % |
Varun Gupta | 0.011 | 0 | 1 | 0 | -1% |
DR Ramesh Chimanlal Shah | 0.013 | 0 | 1.23 | 0 | -1.23% |
National Stock Exchange of India Limited Account Karvy Stock Broking Limited | 0.011 | 0 | 1.01 | 0 | -1.01% |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.49 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.63 % variance in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.04 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.11 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.16 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.05 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Investor Education and Protection Fund had no shares in the previous quarter but now holds 0.54% of shares in the current quarter.VARUN GUPTA had no shares in the previous quarter but now holds 1% of shares in the current quarter.NATIONAL STOCK EXCHANGE OF INDIA LIMITED ACCOUNT KARVY STOCK BROKING LIMITED had no shares in the previous quarter but now holds 1.01% of shares in the current quarter.Varun Gupta had 1% of shares in the previous quarter but exited in the current quarter.DR Ramesh Chimanlal Shah had 1.23% of shares in the previous quarter but exited in the current quarter.National Stock Exchange of India Limited Account Karvy Stock Broking Limited had 1.01% 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 (%) |
---|---|---|---|---|---|
State Government / Governor | 0.006 | 0 | 0.54 | 0 | -0.54% |
State Government / Governor had 0.54% of shares in the previous quarter but exited in the current quarter.