Share the post "Shareholding Pattern: Shareholding Pattern COFORGE LIMITED An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
COFORGE LIMITED has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
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 |
0.00 |
0.00 |
0 |
0 |
0 |
Public |
0.68 |
0.66 |
10.94 |
10.7 |
-0.24 % |
DII
|
3.40 |
3.36 |
55.02 |
54.3 |
-0.72 % |
FII
|
2.10 |
2.16 |
34.04 |
35 |
+0.96 % |
Government
|
0.00 |
0.00 |
0 |
0 |
0 |
Promoters shareholding remained stable, at 0% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 55.02% in December 2023 to 54.3% in March 2024 , indicating that domestic institutions reduced their -0.72000000000001 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 34.04% in December 2023 to 35% in March 2024. This suggests that foreign institutions grew their investments 0.96 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 delve deeper 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 (%) |
Directors and their relatives (excluding independent directors and nominee directors) |
0.052 |
0.032 |
0.84 |
0.51 |
-0.33 % |
Key Managerial Personnel |
0.001 |
0.001 |
0.02 |
0.01 |
-0.01 % |
Investor Education and Protection Fund |
0.012 |
0.012 |
0.2 |
0.19 |
-0.01 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs |
0.380 |
0.395 |
6.15 |
6.39 |
+ 0.24 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
0.063 |
0.061 |
1.02 |
0.98 |
-0.04 % |
Non Resident Indians (NRIs) |
0.052 |
0.051 |
0.84 |
0.82 |
-0.02 % |
Bodies Corporate |
0.098 |
0.093 |
1.59 |
1.5 |
-0.09 % |
HUF |
0.007 |
0.008 |
0.12 |
0.13 |
+ 0.01 % |
Clearing Members |
0.002 |
0.001 |
0.03 |
0.02 |
-0.01 % |
Observations indicate a sizeable -0.33 % variance in Directors and their relatives (excluding independent directors and nominee directors)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Key Managerial Personnel’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Investor Education and Protection Fund ‘s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.24 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.04 % variance in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.02 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.09 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
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/ |
2.641 |
2.577 |
42.77 |
41.68 |
-1.09 % |
DSP MIDCAP FUND |
0.195 |
0.208 |
3.17 |
3.36 |
+ 0.19 % |
INVESCO INDIA CONTRA FUND |
0.072 |
0.071 |
1.17 |
1.16 |
-0.01 % |
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE FLEXI CAP FUND |
0.245 |
0.226 |
3.97 |
3.65 |
-0.32 % |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA GROWTH FUND |
0 |
0.062 |
0 |
1 |
+1% |
MIRAE ASSET MIDCAP FUND |
0 |
0.090 |
0 |
1.45 |
+1.45% |
HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND |
0.432 |
0.383 |
6.99 |
6.19 |
-0.8 % |
UTI FLEXI CAP FUND |
0.213 |
0.207 |
3.45 |
3.34 |
-0.11 % |
KOTAK EMERGING EQUITY SCHEME |
0.065 |
0.195 |
1.05 |
3.15 |
+ 2.1 % |
MOTILAL OSWAL FLEXI CAP FUND |
0.196 |
0.206 |
3.17 |
3.34 |
+ 0.17 % |
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS MIDCAP FUND |
0.269 |
0.237 |
4.36 |
3.84 |
-0.52 % |
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS MID CAP FUND |
0.062 |
0.069 |
1.01 |
1.12 |
+ 0.11 % |
SBI LARGE & MIDCAP FUND |
0.252 |
0.241 |
4.07 |
3.9 |
-0.17 % |
Alternate Investment Funds |
0.031 |
0.018 |
0.5 |
0.29 |
-0.21 % |
Insurance Companies |
0.697 |
0.730 |
11.28 |
11.81 |
+ 0.53 % |
SBI LIFE INSURANCE CO. LTD |
0.088 |
0.111 |
1.42 |
1.8 |
+ 0.38 % |
LIFE INSURANCE CORPORATION OF INDIA |
0.385 |
0.385 |
6.23 |
6.22 |
-0.01 % |
HDFC LIFE INSURANCE COMPANY LIMITED |
0.097 |
0.106 |
1.57 |
1.72 |
+ 0.15 % |
Provident Funds/ Pension Funds |
0.028 |
0.031 |
0.46 |
0.5 |
+ 0.04 % |
MIRAE ASSET LARGE & MIDCAP FUND |
0.190 |
0 |
3.08 |
0 |
-3.08% |
Mutual Funds/ decreased their stake from 41.68% in the previous quarter to 42.77% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -1.09 %.The latest quarter saw a considerable enhancement in profitability for DSP MIDCAP FUND, reflecting an uptick of 0.19 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.INVESCO INDIA CONTRA FUND decreased their stake from 1.16% in the previous quarter to 1.17% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE FLEXI CAP FUND decreased their stake from 3.65% in the previous quarter to 3.97% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.32 %.HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND decreased their stake from 6.19% in the previous quarter to 6.99% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.8 %.UTI FLEXI CAP FUND decreased their stake from 3.34% in the previous quarter to 3.45% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.The latest quarter saw a considerable enhancement in profitability for KOTAK EMERGING EQUITY SCHEME, reflecting an uptick of 2.1 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for MOTILAL OSWAL FLEXI CAP FUND, reflecting an uptick of 0.17 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS MIDCAP FUND decreased their stake from 3.84% in the previous quarter to 4.36% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.52 %.The latest quarter saw a considerable enhancement in profitability for EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS MID CAP FUND, reflecting an uptick of 0.11 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.SBI LARGE & MIDCAP FUND decreased their stake from 3.9% in the previous quarter to 4.07% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.17 %.Alternate Investment Funds decreased their stake from 0.29% in the previous quarter to 0.5% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.21 %.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 0.53 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for SBI LIFE INSURANCE CO. LTD, reflecting an uptick of 0.38 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.LIFE INSURANCE CORPORATION OF INDIA decreased their stake from 6.22% in the previous quarter to 6.23% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.The latest quarter saw a considerable enhancement in profitability for HDFC LIFE INSURANCE COMPANY LIMITED, reflecting an uptick of 0.15 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for Provident Funds/ Pension Funds, reflecting an uptick of 0.04 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA GROWTH FUND had no shares in the previous quarter but now holds 1% of shares in the current quarter.MIRAE ASSET MIDCAP FUND had no shares in the previous quarter but now holds 1.45% of shares in the current quarter.MIRAE ASSET LARGE & MIDCAP FUND had 3.08% 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 |
2.045 |
2.100 |
33.12 |
33.97 |
+ 0.85 % |
J P MORGAN FUNDS |
0.067 |
0.065 |
1.09 |
1.05 |
-0.04 % |
ABU DHABI INVESTMENT AUTHORITY – WAY |
0 |
0.063 |
0 |
1.02 |
+1.02% |
SMALLCAP WORLD FUND, INC |
0.230 |
0.230 |
3.73 |
3.72 |
-0.01 % |
NEW WORLD FUND INC |
0 |
0.080 |
0 |
1.3 |
+1.3% |
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND |
0.079 |
0.081 |
1.28 |
1.31 |
+ 0.03 % |
KOTAK FUNDS – INDIA MIDCAP FUND |
0.096 |
0.082 |
1.56 |
1.33 |
-0.23 % |
Foreign Portfolio Investors Category II |
0.057 |
0.064 |
0.92 |
1.03 |
+ 0.11 % |
GOVERNMENT PENSION FUND GLOBAL |
0.124 |
0 |
2.01 |
0 |
-2.01% |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.85 % in net profit.Profitability dwindled by -0.04 % for J P MORGAN FUNDS in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.01 % for SMALLCAP WORLD FUND, INC in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.During this past quarter, there was a noteworthy upswing in profitability for VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND, which experienced a significant increase of 0.03 % in net profit.Profitability dwindled by -0.23 % for KOTAK FUNDS – INDIA MIDCAP FUND in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.11 % in net profit.ABU DHABI INVESTMENT AUTHORITY – WAY had no shares in the previous fiii quarter but now holds 1.02% of shares in the current quarter.NEW WORLD FUND INC had no shares in the previous fiii quarter but now holds 1.3% of shares in the current quarter.GOVERNMENT PENSION FUND GLOBAL had 2.01% of shares in the previous quarter but exited in the current quarter.
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