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Shareholding Pattern: Shareholding Pattern Garden Reach Shipbuilders & Engineers FY(Q1-Jun 2023-2024)

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Garden Reach Shipbuilders & Engineers 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 8.53 8.53 74.5 74.5 0
Public 2.92 2.92 16.1 18.39 +2.29 %
DII 0.70 0.37 6.14 3.2 -2.94 %
FII 0.37 0.45 3.26 3.91 +0.65 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 74.5% 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 16.1% in March 2024 to 18.39% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 6.14% in March 2024 to 3.2% in June 2024 , indicating that domestic institutions reduced their -2.94 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 3.26% in March 2024 to 3.91% in June 2024. This suggests that foreign institutions grew their investments 0.65 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 Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 1.165 1.481 10.17 12.93 + 2.76 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.282 0.276 2.46 2.41 -0.05 %
Non Resident Indians (NRIs) 0.096 0.091 0.84 0.79 -0.05 %
Bodies Corporate 0.230 0.173 2.01 1.51 -0.5 %
Any Other (specify) 0.071 0.084 0.62 0.74 + 0.12 %
HUF 0.053 0.054 0.46 0.47 + 0.01 %
Clearing Members 0.015 0.027 0.13 0.24 + 0.11 %
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 2.76 %.Observations show a significant difference of -0.05 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.05 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.5 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.12 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 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 (%)
Mutual Funds/ 0.612 0.289 5.34 2.52 -2.82 %
HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANTAGE FUND 0.562 0.226 4.91 1.97 -2.94 %
Alternate Investment Funds 0.090 0.075 0.79 0.66 -0.13 %
Insurance Companies 0.002 0.003 0.01 0.02 + 0.01 %
Mutual Funds/ decreased their stake from 2.52% in the previous quarter to 5.34% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -2.82 %.HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANTAGE FUND decreased their stake from 1.97% in the previous quarter to 4.91% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -2.94 %.Alternate Investment Funds decreased their stake from 0.66% in the previous quarter to 0.79% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.01 % 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 0.362 0.434 3.16 3.79 + 0.63 %
Foreign Portfolio Investors Category II 0.011 0.014 0.1 0.12 + 0.02 %
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.63 % .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 % .

Ramesh Damani, these shareholders are the Anchor investors of current and previous quarter.

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