Share the post "Happiest Minds Technologies Shareholding pattern update FY(Q1-Jun 2024-2025)"
Happiest Minds Technologies 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 | 7.65 | 6.73 | 50.24 | 44.22 | -6.02 % |
Public | 7.29 | 8.22 | 40.57 | 45.83 | +5.26 % |
DII | 0.39 | 0.43 | 2.58 | 2.86 | +0.28 % |
FII | 0.71 | 0.81 | 4.69 | 5.3 | +0.61 % |
Government | 0 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 50.24% in March 2024 to 44.22% in June 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public increased from 40.57% in March 2024 to 45.83% 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 2.58% in March 2024 to 2.86% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.28% . FIIs (Foreign Institutional Investors): There was a significant increase from 4.69% in March 2024 to 5.3% in June 2024. This suggests that foreign institutions grew their investments 0.61 in the company during the quarter. During quater from 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
---|---|---|---|---|---|
ASHOK SOOTA | 5.838 | 4.925 | 38.34 | 32.34 | -6 % |
VEENA SOOTA | 0.003 | 0.001 | 0.02 | 0.01 | -0.01 % |
ASHOK SOOTA faced a downturn in stakeholding this quarter, witnessing a decline of -6 % in stakeholding compared to the previous quarter.VEENA SOOTA faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous 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 (%) |
---|---|---|---|---|---|
Directors and their relatives (excluding independent directors and nominee directors) | 0.151 | 0.147 | 0.99 | 0.96 | -0.03 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 4.590 | 5.207 | 30.14 | 34.19 | + 4.05 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.352 | 0.339 | 2.31 | 2.22 | -0.09 % |
Non Resident Indians (NRIs) | 0.355 | 0.358 | 2.33 | 2.35 | + 0.02 % |
Bodies Corporate | 0.621 | 0.794 | 4.08 | 5.21 | + 1.13 % |
PLUTUS WEALTH MANAGEMENT LLP | 0.550 | 0.565 | 3.61 | 3.71 | + 0.1 % |
Any Other (specify) | 0.082 | 0.106 | 0.54 | 0.7 | + 0.16 % |
HUF | 0.081 | 0.105 | 0.54 | 0.69 | + 0.15 % |
Observations show a significant difference of -0.03 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 4.05 %.Observations show a significant difference of -0.09 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 1.13 %.Leading the way to higher stakeholding, PLUTUS WEALTH MANAGEMENT LLP has significantly boosted stakeholding by an impressive 0.1 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.16 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.15 %.
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/ | 0.202 | 0.222 | 1.32 | 1.46 | + 0.14 % |
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C PGIM INDIA | 0 | 0.156 | 0 | 1.02 | +1.02% |
Alternate Investment Funds | 0 | 0.010 | 0 | 0.07 | +0.07% |
Insurance Companies | 0.191 | 0.202 | 1.25 | 1.32 | + 0.07 % |
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA | 0.155 | 0 | 1.02 | 0 | -1.02% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.14 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.07 % in their shares.PGIM INDIA TRUSTEE PRIVATE LIMITED A/C PGIM INDIA had no shares in the previous quarter but now holds 1.02% of shares in the current quarter.Alternate Investment Funds had no shares in the previous quarter but now holds 0.07% of shares in the current quarter.PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA had 1.02% 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 | 0.695 | 0.724 | 4.56 | 4.76 | + 0.2 % |
Foreign Portfolio Investors Category II | 0.020 | 0.083 | 0.13 | 0.55 | + 0.42 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.2 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.42 % .