Share the post "AXIS Bank Shareholding pattern update FY(Q1-Jun 2024-2025)"
AXIS Bank 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 | 24.49 | 24.49 | 8.22 | 8.31 | +0.09 % |
| Public | 273.43 | 270.32 | 7.81 | 6.63 | -1.18 % |
| DII | 89.75 | 93.25 | 30.13 | 31.63 | +1.5 % |
| FII | 160.39 | 157.51 | 53.84 | 53.43 | -0.41 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding increased from 8.22% in March 2024 to 8.31% in June 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 7.81% in March 2024 to 6.63% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 30.13% in March 2024 to 31.63% in June 2024 , indicating that domestic institutions increased their stake in the company by 1.5% . FIIs (Foreign Institutional Investors) shareholding decreased from 53.84% in March 2024 to 53.43% 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%.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 (%) |
|---|---|---|---|---|---|
| LIFE INSURANCE CORPORATION OF INDIA | 24.486 | 24.486 | 8.22 | 8.31 | + 0.09 % |
LIFE INSURANCE CORPORATION OF INDIA has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.09 %.
| 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 | 11.891 | 11.567 | 3.99 | 3.92 | -0.07 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 3.407 | 3.514 | 1.14 | 1.19 | + 0.05 % |
| Bodies Corporate | 3.292 | 3.194 | 1.11 | 1.08 | -0.03 % |
| Any Other (specify) | 0.274 | 0.234 | 0.09 | 0.08 | -0.01 % |
| Clearing Members | 0.045 | 0.016 | 0.02 | 0.01 | -0.01 % |
| Foreign Companies | 3.337 | 0 | 1.12 | 0 | -1.12% |
Observations show a significant difference of -0.07 % 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 0.05 %.Observations show a significant difference of -0.03 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.01 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Clearing Members’s financial performance between quarters.Foreign Companies had 1.12% 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/ | 67.552 | 70.685 | 22.67 | 23.98 | + 1.31 % |
| MIRAE ASSET – Through its various Mutual Fund Schemes | 4.616 | 4.946 | 1.55 | 1.68 | + 0.13 % |
| SBI – Through its various Mutual Fund Schemes | 12.014 | 11.814 | 4.03 | 4.01 | -0.02 % |
| UTI – Through its various Mutual Fund Schemes | 5.054 | 4.951 | 1.7 | 1.68 | -0.02 % |
| NIPPON – Through its various Mutual Fund Schemes | 5.532 | 5.813 | 1.86 | 1.97 | + 0.11 % |
| KOTAK – Through its various Mutual Fund Schemes | 4.809 | 4.162 | 1.61 | 1.41 | -0.2 % |
| HDFC – Through its various Mutual Fund Schemes | 10.365 | 11.895 | 3.48 | 4.03 | + 0.55 % |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 0 | 3.159 | 0 | 1.07 | +1.07% |
| ICICI PRUDENTIAL – Through its various Mutual Fund Schemes | 9.378 | 9.499 | 3.15 | 3.22 | + 0.07 % |
| Alternate Investment Funds | 1.267 | 1.431 | 0.43 | 0.49 | + 0.06 % |
| Banks | 0.214 | 0.066 | 0.07 | 0.02 | -0.05 % |
| Insurance Companies | 13.738 | 14.488 | 4.61 | 4.91 | + 0.3 % |
| Provident Funds/ Pension Funds | 6.976 | 6.579 | 2.34 | 2.23 | -0.11 % |
| NPS TRUST- Through its various schemes | 6.976 | 6.579 | 2.34 | 2.23 | -0.11 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.31 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for MIRAE ASSET – Through its various Mutual Fund Schemes, reflecting an uptick of 0.13 % in their shares.SBI – Through its various Mutual Fund Schemes decreased their stake from 4.01% in the previous quarter to 4.03% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.UTI – Through its various Mutual Fund Schemes decreased their stake from 1.68% in the previous quarter to 1.7% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.The latest quarter saw a considerable enhancement in stakeholding for NIPPON – Through its various Mutual Fund Schemes, reflecting an uptick of 0.11 % in their shares.KOTAK – Through its various Mutual Fund Schemes decreased their stake from 1.41% in the previous quarter to 1.61% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.2 %.The latest quarter saw a considerable enhancement in stakeholding for HDFC – Through its various Mutual Fund Schemes, reflecting an uptick of 0.55 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for ICICI PRUDENTIAL – Through its various Mutual Fund Schemes, reflecting an uptick of 0.07 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.06 % in their shares.Banks decreased their stake from 0.02% in the previous quarter to 0.07% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.3 % in their shares.Provident Funds/ Pension Funds decreased their stake from 2.23% in the previous quarter to 2.34% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.NPS TRUST- Through its various schemes decreased their stake from 2.23% in the previous quarter to 2.34% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C had no shares in the previous quarter but now holds 1.07% 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 Portfolio Investors Category I | 152.556 | 151.947 | 51.21 | 51.54 | + 0.33 % |
| GOVERNMENT PENSION FUND GLOBAL | 5.008 | 5.038 | 1.68 | 1.71 | + 0.03 % |
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | 3.128 | 3.164 | 1.05 | 1.07 | + 0.02 % |
| DODGE AND COX INTERNATIONAL STOCK FUND | 7.734 | 6.856 | 2.6 | 2.33 | -0.27 % |
| KUWAIT INVESTMENT AUTHORITY FUND – Through its various schemes | 0 | 3.257 | 0 | 1.1 | +1.1% |
| GOVERNMENT OF SINGAPORE | 6.660 | 5.531 | 2.24 | 1.88 | -0.36 % |
| Foreign Portfolio Investors Category II | 7.829 | 5.534 | 2.63 | 1.88 | -0.75 % |
| Any Other(Institutions (Foreign)) | 0.007 | 0.028 | 0 | 0.01 | + 0.01 % |
| Foreign Institutional Investors | 0.007 | 0.028 | 0 | 0.01 | + 0.01 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.33 % .During this past quarter, there was a noteworthy upswing in stakeholding for GOVERNMENT PENSION FUND GLOBAL, which experienced a significant increase of 0.03 % .During this past quarter, there was a noteworthy upswing in stakeholding for VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND, which experienced a significant increase of 0.02 % .Stakeholding dwindled by -0.27 % for DODGE AND COX INTERNATIONAL STOCK FUND in comparison to the preceding quarter.Stakeholding dwindled by -0.36 % for GOVERNMENT OF SINGAPORE in comparison to the preceding quarter.Stakeholding dwindled by -0.75 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Any Other(Institutions (Foreign)), which experienced a significant increase of 0.01 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Institutional Investors, which experienced a significant increase of 0.01 % .KUWAIT INVESTMENT AUTHORITY FUND – Through its various schemes had no shares in the previous fiii quarter but now holds 1.1% of shares in the current quarter.
