Share the post "Fino Payments Bank Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Fino Payments Bank 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 | 6.24 | 6.24 | 75 | 75 | 0 |
Public | 2.08 | 2.08 | 14.33 | 13.97 | -0.36 % |
DII | 0.46 | 0.49 | 5.58 | 5.91 | +0.33 % |
FII | 0.42 | 0.43 | 5.09 | 5.12 | +0.03 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 75% 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 decreased from 14.33% in December 2023 to 13.97% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 5.58% in December 2023 to 5.91% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.33% . FIIs (Foreign Institutional Investors): There was a significant increase from 5.09% in December 2023 to 5.12% in March 2024. This suggests that foreign institutions grew their investments 0.03 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.573 | 0.507 | 6.89 | 6.1 | -0.79 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.265 | 0.292 | 3.18 | 3.5 | + 0.32 % |
Non Resident Indians (NRIs) | 0.018 | 0.014 | 0.21 | 0.16 | -0.05 % |
Bodies Corporate | 0.318 | 0.328 | 3.82 | 3.94 | + 0.12 % |
CAPRI GLOBAL HOLDINGS PRIVATE LIMITED | 0.186 | 0.179 | 2.23 | 2.16 | -0.07 % |
Any Other (specify) | 0.018 | 0.021 | 0.22 | 0.25 | + 0.03 % |
HUF | 0.018 | 0.021 | 0.22 | 0.25 | + 0.03 % |
Observations show a significant difference of -0.79 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.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 0.32 %.Observations show a significant difference of -0.05 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.12 %.Observations show a significant difference of -0.07 % in CAPRI GLOBAL HOLDINGS PRIVATE LIMITED’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.03 %.Leading the way to higher stakeholding, HUF 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/ | 0.442 | 0.461 | 5.32 | 5.54 | + 0.22 % |
MOTILAL OSWAL FOCUSED FUND | 0.388 | 0.406 | 4.66 | 4.88 | + 0.22 % |
Insurance Companies | 0.019 | 0.031 | 0.23 | 0.38 | + 0.15 % |
Alternate Investment Funds | 0.003 | 0 | 0.03 | 0 | -0.03% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.22 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for MOTILAL OSWAL FOCUSED FUND, reflecting an uptick of 0.22 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.15 % in their shares.Alternate Investment Funds had 0.03% 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 | 0.423 | 0.426 | 5.09 | 5.12 | + 0.03 % |
FIDELITY FUNDS – PACIFIC FUND | 0.154 | 0.113 | 1.85 | 1.36 | -0.49 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.03 % .Stakeholding dwindled by -0.49 % for FIDELITY FUNDS – PACIFIC FUND in comparison to the preceding quarter.