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Firstsource Solutions 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 | 37.40 | 37.40 | 53.66 | 53.66 | 0 |
Public | 31.36 | 31.38 | 16.14 | 16.15 | +0.01 % |
DII | 13.43 | 13.60 | 19.27 | 19.52 | +0.25 % |
FII | 6.68 | 6.52 | 9.59 | 9.36 | -0.23 % |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 53.66% 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 16.14% in March 2024 to 16.15% 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 19.27% in March 2024 to 19.52% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.25% . FIIs (Foreign Institutional Investors) shareholding decreased from 9.59% in March 2024 to 9.36% 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 7.199 | 7.051 | 10.33 | 10.12 | -0.21 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.209 | 2.290 | 3.17 | 3.28 | + 0.11 % |
Non Resident Indians (NRIs) | 0.855 | 0.895 | 1.23 | 1.28 | + 0.05 % |
Foreign Nationals | 0.033 | 0.024 | 0.05 | 0.03 | -0.02 % |
Bodies Corporate | 0.454 | 0.486 | 0.65 | 0.7 | + 0.05 % |
Any Other (specify) | 0.471 | 0.485 | 0.68 | 0.7 | + 0.02 % |
Clearing Members | 0.031 | 0.064 | 0.05 | 0.09 | + 0.04 % |
HUF | 0.438 | 0.420 | 0.63 | 0.6 | -0.03 % |
Observations show a significant difference of -0.21 % 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 0.11 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.05 %.Observations show a significant difference of -0.02 % in Foreign Nationals’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.04 %.Observations show a significant difference of -0.03 % 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/ | 11.948 | 11.961 | 17.14 | 17.16 | + 0.02 % |
SBI TECHNOLOGY OPPORTUNITIES FUND | 0.852 | 0.886 | 1.22 | 1.27 | + 0.05 % |
ICICI PRUDENTIAL TECHNOLOGY FUND | 1.461 | 1.024 | 2.1 | 1.47 | -0.63 % |
HDFC SMALL CAP FUND | 6.233 | 6.429 | 8.94 | 9.22 | + 0.28 % |
Insurance Companies | 0.257 | 0.417 | 0.37 | 0.6 | + 0.23 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.02 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for SBI TECHNOLOGY OPPORTUNITIES FUND, reflecting an uptick of 0.05 % in their shares.ICICI PRUDENTIAL TECHNOLOGY FUND decreased their stake from 1.47% in the previous quarter to 2.1% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.63 %.The latest quarter saw a considerable enhancement in stakeholding for HDFC SMALL CAP FUND, reflecting an uptick of 0.28 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.23 % in their shares.
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 | 6.245 | 6.001 | 8.96 | 8.61 | -0.35 % |
Foreign Portfolio Investors Category II | 0.438 | 0.520 | 0.63 | 0.75 | + 0.12 % |
Stakeholding dwindled by -0.35 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.12 % .
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