Shareholding Pattern: Shareholding Pattern IDFC FIRST BANK LIMITED An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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	264.64	264.64	37.45	37.43	-0.02 %
Public	442.04	442.35	27.89	28.39	+0.5 %
DII	46.89	48.13	6.64	6.81	+0.17 %
FII	171.71	167.22	24.3	23.65	-0.65 %
Government	26.32	26.32	3.72	3.72	0

Promoters’ shareholding decreased from 37.45% in December 2023 to 37.43% in March 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 27.89% in December 2023 to 28.39% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 6.64% in December 2023 to 6.81% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.17% . FIIs (Foreign Institutional Investors) shareholding decreased from 24.3% in December 2023 to 23.65% in March 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 December 2023 to March 2024, Goverenment ownership remained steady at 3.72%.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 (%)
IDFC FINANCIAL HOLDING COMPANY LIMITED	264.644	264.644	37.45	37.43	-0.02 %

IDFC FINANCIAL HOLDING COMPANY LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % 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)	6.542	6.471	0.93	0.92	-0.01 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	101.136	108.608	14.31	15.36	+ 1.05 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	65.288	63.626	9.24	9	-0.24 %
Non Resident Indians (NRIs)	10.900	10.849	1.54	1.53	-0.01 %
Bodies Corporate	7.194	6.027	1.02	0.85	-0.17 %
Any Other (specify)	5.885	4.902	0.83	0.69	-0.14 %
Trusts	0.031	0.038	0	0.01	+ 0.01 %
Clearing Members	1.833	0.815	0.26	0.12	-0.14 %

Observations show a significant difference of -0.01 % 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 1.05 %.Observations show a significant difference of -0.24 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.17 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.14 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.14 % in Clearing Members’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/	23.993	18.878	3.4	2.67	-0.73 %
Alternate Investment Funds	4.419	3.692	0.63	0.52	-0.11 %
Banks	0.803	0.226	0.11	0.03	-0.08 %
Insurance Companies	17.571	25.264	2.49	3.57	+ 1.08 %
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	7.112	7.231	1.01	1.02	+ 0.01 %

Mutual Funds/ decreased their stake from 2.67% in the previous quarter to 3.4% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.73 %.Alternate Investment Funds decreased their stake from 0.52% in the previous quarter to 0.63% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.Banks decreased their stake from 0.03% in the previous quarter to 0.11% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 1.08 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED, 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	119.516	119.767	16.91	16.94	+ 0.03 %
GQG PARTNERS EMERGING MARKETS EQUITY FUND	7.445	7.780	1.05	1.1	+ 0.05 %
Foreign Portfolio Investors Category II	36.305	31.564	5.14	4.46	-0.68 %

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.03 % .During this past quarter, there was a noteworthy upswing in stakeholding for GQG PARTNERS EMERGING MARKETS EQUITY FUND, which experienced a significant increase of 0.05 % .Stakeholding dwindled by -0.68 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.