Latest Shareholding Pattern Gujarat Industries Power Co. Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Gujarat Industries Power Co. Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Gujarat Industries Power Co. Ltd 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 8.38 8.38 55.43 55.43 0
Public 4.10 3.94 27.11 26.05 -1.06 %
DII 0.90 0.90 5.97 5.92 -0.05 %
FII 0.58 0.75 3.86 4.97 +1.11 %
Government 2.24 2.24 14.83 14.83 0
Promoters shareholding remained stable, at 55.43% 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 5.97% in December 2023 to 5.92% in March 2024 , indicating that domestic institutions reduced their -0.05 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 3.86% in December 2023 to 4.97% in March 2024. This suggests that foreign institutions grew their investments 1.11 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 14.83%.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 (%)
Investor Education and Protection Fund 0.055 0.058 0.36 0.39 + 0.03 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 2.441 2.464 16.14 16.29 + 0.15 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.816 0.675 5.39 4.47 -0.92 %
Non Resident Indians (NRIs) 0.341 0.314 2.26 2.08 -0.18 %
Bodies Corporate 0.224 0.232 1.48 1.53 + 0.05 %
Any Other (specify) 0.223 0.196 1.48 1.3 -0.18 %
HUF 0 0.181 0 1.2 +1.2%
Body Corp-Ltd Liability Partnership 0 0.014 0 0.09 +0.09%
Trusts 0 0.001 0 0.01 +0.01%
Ricky Ishwardas Kirpalani 0.157 0 1.04 0 -1.04%
Spearheading a savvy charge towards increased profitability, Investor Education and Protection Fund lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.15 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.92 % 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 -0.18 % 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.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.18 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.HUF had no shares in the previous quarter but now holds 1.2% of shares in the current quarter.Body Corp-Ltd Liability Partnership had no shares in the previous quarter but now holds 0.09% of shares in the current quarter.Trusts had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.Ricky Ishwardas Kirpalani had 1.04% 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 (%)
Insurance Companies 0.171 0.164 1.13 1.08 -0.05 %
Insurance Companies decreased their stake from 1.08% in the previous quarter to 1.13% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.
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 0.573 0.727 3.79 4.81 + 1.02 %
Foreign Portfolio Investors Category II 0.011 0.024 0.07 0.16 + 0.09 %
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.02 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.09 % in net profit.

Ricky Ishwardas Kirpalani, these shareholders are the Anchor investors of current and previous quarter.

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