Share the post "Indigo Paints Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Indigo Paints Limited has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).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 | 2.57 | 2.57 | 53.94 | 53.94 | 0 |
Public | 2.19 | 2.19 | 35.52 | 36.37 | +0.85 % |
DII | 0.08 | 0.09 | 1.76 | 1.96 | +0.2 % |
FII | 0.42 | 0.37 | 8.78 | 7.73 | -1.05 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 53.94% in both December 2023 and March 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 35.52% in December 2023 to 36.37% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 1.76% in December 2023 to 1.96% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.2% . FIIs (Foreign Institutional Investors) shareholding decreased from 8.78% in December 2023 to 7.73% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .
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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Directors and their relatives (excluding independent directors and nominee directors) | 0.001 | 0.001 | 0.03 | 0.02 | -0.01 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.410 | 0.435 | 8.62 | 9.14 | + 0.52 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.033 | 0.041 | 0.7 | 0.86 | + 0.16 % |
Non Resident Indians (NRIs) | 0.023 | 0.029 | 0.48 | 0.6 | + 0.12 % |
Peak Xv Partners Investments Iv | 0 | 0.578 | 0 | 12.14 | +12.14% |
Bodies Corporate | 0.012 | 0.013 | 0.24 | 0.28 | + 0.04 % |
HUF | 0.007 | 0.008 | 0.16 | 0.18 | + 0.02 % |
LLP | 0.003 | 0.002 | 0.06 | 0.04 | -0.02 % |
Sequoia Capital India Investments Iv | 0.578 | 0 | 12.14 | 0 | -12.14% |
Observations show a significant difference of -0.01 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.52 %.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 0.16 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.12 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.02 % in LLP’s financial performance between quarters.Peak Xv Partners Investments Iv had no shares in the previous quarter but now holds 12.14% of shares in the current quarter.Sequoia Capital India Investments Iv had 12.14% 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 (%) |
---|---|---|---|---|---|
Mutual Funds/ | 0.027 | 0.037 | 0.57 | 0.78 | + 0.21 % |
Alternate Investment Funds | 0.020 | 0.018 | 0.43 | 0.37 | -0.06 % |
Insurance Companies | 0.037 | 0.039 | 0.77 | 0.81 | + 0.04 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.21 % in their shares.Alternate Investment Funds decreased their stake from 0.37% in the previous quarter to 0.43% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.04 % in their shares.
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 | 0.407 | 0.356 | 8.55 | 7.48 | -1.07 % |
Abu Dhabi Investment Authority – Way | 0.067 | 0.064 | 1.4 | 1.35 | -0.05 % |
Foreign Portfolio Investors Category II | 0.011 | 0.012 | 0.22 | 0.25 | + 0.03 % |
Smallcap World Fund, Inc | 0.094 | 0 | 1.97 | 0 | -1.97% |
Stakeholding dwindled by -1.07 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.05 % for Abu Dhabi Investment Authority – Way 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 0.03 % .Smallcap World Fund, Inc had 1.97% of shares in the previous quarter but exited in the current quarter.