Latest Shareholding Pattern Bajaj Finserv Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Bajaj Finserv Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Bajaj Finserv 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 96.83 96.82 60.69 60.69 0
Public 62.38 62.43 23.7 23.38 -0.32 %
DII 11.94 11.68 7.48 7.32 -0.16 %
FII 12.63 13.45 7.92 8.43 +0.51 %
Government 0.00 0.00 0 0 0
Promoters shareholding remained stable, at 60.69% 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 23.7% in December 2023 to 23.38% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 7.48% in December 2023 to 7.32% in March 2024 , indicating that domestic institutions reduced their -0.16 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 7.92% in December 2023 to 8.43% in March 2024. This suggests that foreign institutions grew their investments 0.51 in the company during the quarter. During quater from December 2023 to March 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 (%)
DEEPA BAJAJ 0.013 0.000 0.01 0 -0.01 %
RAJIVNAYAN BAJAJ 0.032 0.000 0.02 0 -0.02 %
BACHHRAJ AND COMPANY PRIVATE LIMITED 2.015 2.161 1.26 1.35 + 0.09 %
Rishab Family Trust (Rajivnayan Bajaj) 0.098 0.000 0.06 0 -0.06 %
DEEPA BAJAJ faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.RAJIVNAYAN BAJAJ faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % in stakeholding compared to the previous quarter.BACHHRAJ AND COMPANY PRIVATE LIMITED has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.09 %.Rishab Family Trust (Rajivnayan Bajaj) faced a downturn in stakeholding this quarter, witnessing a decline of -0.06 % in stakeholding compared to the previous 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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 12.234 11.832 7.67 7.42 -0.25 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 5.415 5.397 3.39 3.38 -0.01 %
Non Resident Indians (NRIs) 1.414 1.405 0.89 0.88 -0.01 %
Bodies Corporate 8.313 8.274 5.21 5.19 -0.02 %
JAYA HIND INDUSTRIES PRIVATE LIMITED 6.151 6.182 3.86 3.87 + 0.01 %
Any Other (specify) 2.425 2.384 1.52 1.49 -0.03 %
Trusts 1.887 1.861 1.18 1.17 -0.01 %
HUF 0.536 0.522 0.34 0.33 -0.01 %
Observations show a significant difference of -0.25 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.02 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, JAYA HIND INDUSTRIES PRIVATE LIMITED has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.03 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Trusts’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’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/ 5.926 6.092 3.71 3.82 + 0.11 %
SBI NIFTY INDEX FUND 0 1.780 0 1.12 +1.12%
Alternate Investment Funds 0.236 0.143 0.15 0.09 -0.06 %
Insurance Companies 4.770 4.445 2.99 2.79 -0.2 %
LICI ASM NON PAR 3.635 3.379 2.28 2.12 -0.16 %
AXIS MUTUAL FUND TRUSTEE LIMITED 1.692 0 1.06 0 -1.06%
SBI ARBITRAGE OPPORTUNITIES FUND 1.810 0 1.13 0 -1.13%
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.11 % in their shares.Alternate Investment Funds decreased their stake from 0.09% in the previous quarter to 0.15% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.Insurance Companies decreased their stake from 2.79% in the previous quarter to 2.99% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.2 %.LICI ASM NON PAR decreased their stake from 2.12% in the previous quarter to 2.28% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.16 %.SBI NIFTY INDEX FUND had no shares in the previous quarter but now holds 1.12% of shares in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED had 1.06% of shares in the previous quarter but exited in the current quarter.SBI ARBITRAGE OPPORTUNITIES FUND had 1.13% 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 (%)
Sovereign Wealth Funds 0.414 0.466 0.26 0.29 + 0.03 %
Foreign Portfolio Investors Category I 11.986 12.721 7.51 7.97 + 0.46 %
Foreign Portfolio Investors Category II 0.227 0.258 0.14 0.16 + 0.02 %
During this past quarter, there was a noteworthy upswing in stakeholding for Sovereign Wealth Funds, which experienced a significant increase of 0.03 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.46 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.02 % .

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