Share the post "Bandhan Bank Shareholding pattern update FY(Q1-Jun 2024-2025)"
Bandhan 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 | 64.41 | 64.41 | 39.98 | 39.98 | 0 |
Public | 96.69 | 96.69 | 16.33 | 16.64 | +0.31 % |
DII | 20.02 | 24.26 | 12.43 | 15.06 | +2.63 % |
FII | 50.24 | 45.51 | 31.19 | 28.25 | -2.94 % |
Government | 0.11 | 0.11 | 0.07 | 0.07 | 0 |
Promoters shareholding remained stable, at 39.98% in both March 2024 and June 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 16.33% in March 2024 to 16.64% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 12.43% in March 2024 to 15.06% in June 2024 , indicating that domestic institutions increased their stake in the company by 2.63% . FIIs (Foreign Institutional Investors) shareholding decreased from 31.19% in March 2024 to 28.25% 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 0.07%.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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 17.333 | 17.449 | 10.76 | 10.83 | + 0.07 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 5.031 | 5.272 | 3.12 | 3.27 | + 0.15 % |
Non Resident Indians (NRIs) | 0.823 | 0.887 | 0.51 | 0.55 | + 0.04 % |
Any Other (specify) | 1.618 | 1.697 | 1 | 1.05 | + 0.05 % |
HUF | 0.577 | 0.664 | 0.36 | 0.41 | + 0.05 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.07 %.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 0.15 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.05 %.
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/ | 12.988 | 12.557 | 8.06 | 7.79 | -0.27 % |
TATA FLEXI CAP FUND | 0 | 2.107 | 0 | 1.31 | +1.31% |
Alternate Investment Funds | 0.066 | 0.239 | 0.04 | 0.15 | + 0.11 % |
Banks | 0.002 | 0.017 | 0 | 0.01 | + 0.01 % |
Insurance Companies | 6.956 | 11.450 | 4.32 | 7.11 | + 2.79 % |
SBI LIFE INSURANCE CO. LTD | 0 | 2.936 | 0 | 1.82 | +1.82% |
TATA AIA LIFE INSURANCE CO LTD-WHOLE LIFE MID CAP | 0 | 1.725 | 0 | 1.07 | +1.07% |
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 1.690 | 0 | 1.05 | 0 | -1.05% |
TATA LARGE AND MID-CAP FUND | 1.762 | 0 | 1.09 | 0 | -1.09% |
Mutual Funds/ decreased their stake from 7.79% in the previous quarter to 8.06% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.27 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.11 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Banks, reflecting an uptick of 0.01 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 2.79 % in their shares.TATA FLEXI CAP FUND had no shares in the previous quarter but now holds 1.31% of shares in the current quarter.SBI LIFE INSURANCE CO. LTD had no shares in the previous quarter but now holds 1.82% of shares in the current quarter.TATA AIA LIFE INSURANCE CO LTD-WHOLE LIFE MID CAP had no shares in the previous quarter but now holds 1.07% of shares in the current quarter.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C had 1.05% of shares in the previous quarter but exited in the current quarter.TATA LARGE AND MID-CAP FUND had 1.09% 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 | 41.703 | 37.950 | 25.89 | 23.56 | -2.33 % |
MATTHEWS EMERGING MARKETS SMALL COMPANIES FUND | 0 | 1.684 | 0 | 1.05 | +1.05% |
MFS EMERGING MARKETS EQUITY FUND | 1.709 | 1.691 | 1.06 | 1.05 | -0.01 % |
Foreign Portfolio Investors Category II | 2.023 | 1.038 | 1.26 | 0.64 | -0.62 % |
Stakeholding dwindled by -2.33 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for MFS EMERGING MARKETS EQUITY FUND in comparison to the preceding quarter.Stakeholding dwindled by -0.62 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.MATTHEWS EMERGING MARKETS SMALL COMPANIES FUND had no shares in the previous fiii quarter but now holds 1.05% of shares in the current quarter.