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Shareholding Pattern: Shareholding Pattern Deepak Nitrite FY(Q1-Jun 2023-2024)

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Deepak Nitrite 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 6.70 6.72 49.13 49.24 +0.11 %
Public 6.94 6.92 24.88 22.69 -2.19 %
DII 2.63 2.89 19.27 21.21 +1.94 %
FII 0.92 0.94 6.72 6.86 +0.14 %
Government 0 0 0 0 0
Promoters’ shareholding increased from 49.13% in March 2024 to 49.24% 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 24.88% in March 2024 to 22.69% 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 19.27% in March 2024 to 21.21% in June 2024 , indicating that domestic institutions increased their stake in the company by 1.94% . FIIs (Foreign Institutional Investors): There was a significant increase from 6.72% in March 2024 to 6.86% in June 2024. This suggests that foreign institutions grew their investments 0.14 in the company during the quarter.

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 (%)
Ila Deepak Mehta 0.040 0.054 0.29 0.4 + 0.11 %
Ila Deepak Mehta has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.11 %.
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 2.710 2.470 19.87 18.11 -1.76 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.221 0.204 1.62 1.5 -0.12 %
Non Resident Indians (NRIs) 0.130 0.114 0.95 0.84 -0.11 %
Bodies Corporate 0.189 0.170 1.38 1.24 -0.14 %
Any Other (specify) 0.080 0.074 0.59 0.55 -0.04 %
HUF 0.074 0.068 0.54 0.5 -0.04 %
Observations show a significant difference of -1.76 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.12 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.11 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.14 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.04 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.04 % 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/ 1.228 1.424 9 10.44 + 1.44 %
Mirae Asset Large & Midcap Fund 0 0.138 0 1.02 +1.02%
Nippon Life India Trustee Ltd- Nippon India Small 0 0.170 0 1.24 +1.24%
Motilal Oswal Midcap Fund 0.268 0.246 1.96 1.8 -0.16 %
Franklin India Smaller Companies Fund 0.345 0.350 2.53 2.57 + 0.04 %
Alternate Investment Funds 0.114 0.109 0.84 0.8 -0.04 %
Banks 0.001 0.000 0.01 0 -0.01 %
Insurance Companies 1.285 1.359 9.42 9.96 + 0.54 %
Life Insurance Corporation of India 1.239 1.291 9.08 9.47 + 0.39 %
Nippon Life India Trustee Ltd- Nippon Smaller Cap Fund 0.174 0 1.27 0 -1.27%
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.44 % in their shares.Motilal Oswal Midcap Fund decreased their stake from 1.8% in the previous quarter to 1.96% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.16 %.The latest quarter saw a considerable enhancement in stakeholding for Franklin India Smaller Companies Fund, reflecting an uptick of 0.04 % in their shares.Alternate Investment Funds decreased their stake from 0.8% in the previous quarter to 0.84% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.Banks decreased their stake from 0% in the previous quarter to 0.01% 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 stakeholding for Insurance Companies, reflecting an uptick of 0.54 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Life Insurance Corporation of India, reflecting an uptick of 0.39 % in their shares.Mirae Asset Large & Midcap Fund had no shares in the previous quarter but now holds 1.02% of shares in the current quarter.Nippon Life India Trustee Ltd- Nippon India Small had no shares in the previous quarter but now holds 1.24% of shares in the current quarter.Nippon Life India Trustee Ltd- Nippon Smaller Cap Fund had 1.27% 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 0.872 0.897 6.39 6.57 + 0.18 %
Foreign Portfolio Investors Category II 0.037 0.039 0.27 0.29 + 0.02 %
Any Other(Institutions (Foreign)) 0.008 0 0.06 0 -0.06%
Foreign Institutional Investors 0.008 0 0.06 0 -0.06%
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.18 % .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 % .Any Other(Institutions (Foreign)) had 0.06% of shares in the previous quarter but exited in the current quarter.Foreign Institutional Investors had 0.06% of shares in the previous quarter but exited in the current quarter.
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