Gujarat Gas Limited has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).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 | 41.92 | 41.92 | 60.89 | 60.89 | 0 |
| Public | 26.92 | 26.92 | 14.77 | 13.33 | -1.44 % |
| DII | 9.63 | 10.36 | 13.99 | 15.05 | +1.06 % |
| FII | 2.30 | 2.56 | 3.34 | 3.72 | +0.38 % |
| Government | 4.82 | 4.82 | 7.01 | 7.01 | 0 |
Promoters shareholding remained stable, at 60.89% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 14.77% in December 2023 to 13.33% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 13.99% in December 2023 to 15.05% in March 2024 , indicating that domestic institutions increased their stake in the company by 1.06% . FIIs (Foreign Institutional Investors): There was a significant increase from 3.34% in December 2023 to 3.72% in March 2024. This suggests that foreign institutions grew their investments 0.38 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 7.01%.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 (%) |
|---|---|---|---|---|---|
| Investor Education and Protection Fund | 0.212 | 0.209 | 0.31 | 0.3 | -0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 4.238 | 3.375 | 6.16 | 4.9 | -1.26 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.075 | 0.018 | 0.11 | 0.03 | -0.08 % |
| Non Resident Indians (NRIs) | 0.159 | 0.132 | 0.23 | 0.19 | -0.04 % |
| Bodies Corporate | 5.374 | 5.256 | 7.81 | 7.63 | -0.18 % |
| Any Other (specify) | 0.109 | 0.188 | 0.16 | 0.27 | + 0.11 % |
| HUF | 0.107 | 0.068 | 0.16 | 0.1 | -0.06 % |
| Clearing Members | 0.000 | 0.119 | 0 | 0.17 | + 0.17 % |
Observations show a significant difference of -0.01 % in Investor Education and Protection Fund ‘s financial performance between quarters.Observations show a significant difference of -1.26 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.08 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.04 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.18 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.11 %.Observations show a significant difference of -0.06 % in HUF’s financial performance between quarters.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.17 %.
| 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/ | 4.518 | 5.301 | 6.56 | 7.7 | + 1.14 % |
| ICICI PRUDENTIAL SMALLCAP FUND | 0 | 2.502 | 0 | 3.64 | +3.64% |
| Insurance Companies | 5.085 | 5.056 | 7.39 | 7.34 | -0.05 % |
| LICI NEW ENDOWMENT PLUS-GROWTH FUND | 0 | 4.179 | 0 | 6.07 | +6.07% |
| ICICI PRUDENTIAL LARGE & MID CAP FUND | 2.501 | 0 | 3.63 | 0 | -3.63% |
| Banks | 0.007 | 0 | 0.01 | 0 | -0.01% |
| LICI MARKET PLUS 1 GROWTH FUND | 4.179 | 0 | 6.07 | 0 | -6.07% |
| Provident Funds/ Pension Funds | 0.016 | 0 | 0.02 | 0 | -0.02% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.14 % in their shares.Insurance Companies decreased their stake from 7.34% in the previous quarter to 7.39% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.ICICI PRUDENTIAL SMALLCAP FUND had no shares in the previous quarter but now holds 3.64% of shares in the current quarter.LICI NEW ENDOWMENT PLUS-GROWTH FUND had no shares in the previous quarter but now holds 6.07% of shares in the current quarter.ICICI PRUDENTIAL LARGE & MID CAP FUND had 3.63% of shares in the previous quarter but exited in the current quarter.Banks had 0.01% of shares in the previous quarter but exited in the current quarter.LICI MARKET PLUS 1 GROWTH FUND had 6.07% of shares in the previous quarter but exited in the current quarter.Provident Funds/ Pension Funds had 0.02% 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 | 2.226 | 2.458 | 3.23 | 3.57 | + 0.34 % |
| Foreign Portfolio Investors Category II | 0.076 | 0.104 | 0.11 | 0.15 | + 0.04 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.34 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.04 % .
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| GUJARAT ALKALIES AND CHEMICALS LIMITED | 0 | 2.132 | 0 | 3.1 | +3.1% |
| GUJARAT ALKALIES CHEMICALS LIMITED | 2.132 | 0 | 3.1 | 0 | -3.1% |
GUJARAT ALKALIES AND CHEMICALS LIMITED had no shares in the previous govtquarter but now holds 3.1% of shares in the current quarter.GUJARAT ALKALIES CHEMICALS LIMITED had 3.1% of shares in the previous quarter but exited in the current quarter.
