Share the post "Star Health and Allied Insurance Company Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Star Health and Allied Insurance Company 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 | 33.90 | 33.90 | 57.94 | 57.92 | -0.02 % |
| Public | 24.61 | 24.63 | 4.95 | 4.36 | -0.59 % |
| DII | 3.57 | 6.52 | 6.11 | 11.15 | +5.04 % |
| FII | 18.14 | 15.55 | 31 | 26.57 | -4.43 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 57.94% in December 2023 to 57.92% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public decreased from 4.95% in December 2023 to 4.36% 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 6.11% in December 2023 to 11.15% in March 2024 , indicating that domestic institutions increased their stake in the company by 5.04% . FIIs (Foreign Institutional Investors) shareholding decreased from 31% in December 2023 to 26.57% 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| REKHA JHUNJHUNWALA | 0 | 1.787 | 0 | 3.05 | +3.05% |
| LATE JHUNJHUNWALA RAKESH RADHESHYAM | 8.288 | 8.288 | 14.17 | 14.16 | -0.01 % |
| SAFECROP INVESTMENTS INDIA LLP | 23.645 | 23.645 | 40.41 | 40.4 | -0.01 % |
| JHUNJHUNWALA REKHA RAKESH | 1.787 | 0 | 3.05 | 0 | -3.05% |
LATE JHUNJHUNWALA RAKESH RADHESHYAM faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.SAFECROP INVESTMENTS INDIA LLP faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.REKHA JHUNJHUNWALA had no shares in the previous quarter but now holds 3.05% of shares in the current quarter.JHUNJHUNWALA REKHA RAKESH had 3.05% 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 (%) |
|---|---|---|---|---|---|
| Key Managerial Personnel | 0.088 | 0.073 | 0.15 | 0.13 | -0.02 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.419 | 1.297 | 2.43 | 2.22 | -0.21 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.427 | 0.337 | 0.73 | 0.58 | -0.15 % |
| Non Resident Indians (NRIs) | 0.105 | 0.086 | 0.18 | 0.15 | -0.03 % |
| Bodies Corporate | 0.479 | 0.412 | 0.82 | 0.7 | -0.12 % |
| Any Other (specify) | 0.271 | 0.237 | 0.46 | 0.41 | -0.05 % |
| Employees | 0.194 | 0.174 | 0.33 | 0.3 | -0.03 % |
| Trusts | 0.019 | 0.005 | 0.03 | 0.01 | -0.02 % |
Observations show a significant difference of -0.02 % in Key Managerial Personnel’s financial performance between quarters.Observations show a significant difference of -0.21 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.15 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.03 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.12 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.05 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.03 % in Employees’s financial performance between quarters.Observations show a significant difference of -0.02 % in Trusts’s financial performance between quarters.
| 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/ | 2.112 | 4.748 | 3.61 | 8.11 | + 4.5 % |
| ICICI PRUDENTIAL INNOVATION FUND | 0 | 2.514 | 0 | 4.3 | +4.3% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 0.655 | 0.720 | 1.12 | 1.23 | + 0.11 % |
| Alternate Investment Funds | 0.291 | 0.207 | 0.5 | 0.35 | -0.15 % |
| Insurance Companies | 1.170 | 1.566 | 2 | 2.68 | + 0.68 % |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 1.091 | 1.456 | 1.86 | 2.49 | + 0.63 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 4.5 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C, reflecting an uptick of 0.11 % in their shares.Alternate Investment Funds decreased their stake from 0.35% in the previous quarter to 0.5% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.15 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.68 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED, reflecting an uptick of 0.63 % in their shares.ICICI PRUDENTIAL INNOVATION FUND had no shares in the previous quarter but now holds 4.3% of shares 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 Direct Investment | 9.587 | 7.220 | 16.39 | 12.34 | -4.05 % |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | 0.990 | 0.985 | 1.69 | 1.68 | -0.01 % |
| ROC CAPITAL PTY LIMITED | 0.711 | 0.591 | 1.22 | 1.01 | -0.21 % |
| MIO IV STAR | 1.687 | 1.402 | 2.88 | 2.39 | -0.49 % |
| APIS GROWTH 6 LIMITED | 0 | 1.526 | 0 | 2.61 | +2.61% |
| MIO STAR | 1.566 | 1.291 | 2.68 | 2.21 | -0.47 % |
| Foreign Portfolio Investors Category I | 7.804 | 7.850 | 13.34 | 13.41 | + 0.07 % |
| Foreign Portfolio Investors Category II | 0.747 | 0.482 | 1.28 | 0.82 | -0.46 % |
| APIS GROWTH 6 LTD | 2.526 | 0 | 4.32 | 0 | -4.32% |
| GAMNAT PTE. LTD. | 1.084 | 0 | 1.85 | 0 | -1.85% |
Stakeholding dwindled by -4.05 % for Foreign Direct Investment in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for MASSACHUSETTS INSTITUTE OF TECHNOLOGY in comparison to the preceding quarter.Stakeholding dwindled by -0.21 % for ROC CAPITAL PTY LIMITED in comparison to the preceding quarter.Stakeholding dwindled by -0.49 % for MIO IV STAR in comparison to the preceding quarter.Stakeholding dwindled by -0.47 % for MIO STAR in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.07 % .Stakeholding dwindled by -0.46 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.APIS GROWTH 6 LIMITED had no shares in the previous fiii quarter but now holds 2.61% of shares in the current quarter.APIS GROWTH 6 LTD had 4.32% of shares in the previous quarter but exited in the current quarter.GAMNAT PTE. LTD. had 1.85% of shares in the previous quarter but exited in the current quarter.
Rekha Jhunjhunwala, Jhunjhunwala Rekha Rakesh, Late Jhunjhunwala Rakesh Radheshyam, these shareholders are the Anchor investors of current and previous quarter.
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