IEL LIMITED 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 | 1.50 | 0.68 | 44.97 | 20.47 | -24.5 % |
| Public | 1.84 | 2.65 | 54.9 | 79.4 | +24.5 % |
| DII | 0.00 | 0.00 | 0.13 | 0.13 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 44.97% in December 2023 to 20.47% 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 54.9% in December 2023 to 79.4% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.13% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| RONIT CHAMPAKLAL SHAH | 0.497 | 0.215 | 14.89 | 6.45 | -8.44 % |
| KALPANABEN CHAMPAKLAL SHAH | 0.439 | 0.249 | 13.16 | 7.47 | -5.69 % |
| ROMIT SHAH CHAMPAKLAL | 0.439 | 0.094 | 13.16 | 2.81 | -10.35 % |
RONIT CHAMPAKLAL SHAH faced a downturn in profitability this quarter, witnessing a decline of -8.44 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.KALPANABEN CHAMPAKLAL SHAH faced a downturn in profitability this quarter, witnessing a decline of -5.69 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.ROMIT SHAH CHAMPAKLAL faced a downturn in profitability this quarter, witnessing a decline of -10.35 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.
| 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 | 1.522 | 1.982 | 45.59 | 59.39 | + 13.8 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.077 | 0.353 | 2.29 | 10.57 | + 8.28 % |
| Vivek Lakra | 0 | 0.098 | 0 | 2.95 | +2.95% |
| Sumit Singhania | 0 | 0.100 | 0 | 3 | +3% |
| Jyoti Mohta | 0 | 0.040 | 0 | 1.2 | +1.2% |
| Bishal Gupta | 0 | 0.035 | 0 | 1.05 | +1.05% |
| Non Resident Indians (NRIs) | 0.059 | 0.061 | 1.77 | 1.82 | + 0.05 % |
| Bodies Corporate | 0.117 | 0.179 | 3.51 | 5.35 | + 1.84 % |
| Multiplier Share & Stock Advisors Pvt Ltd | 0 | 0.047 | 0 | 1.4 | +1.4% |
| Any Other (specify) | 0.058 | 0.076 | 1.74 | 2.26 | + 0.52 % |
| HUF | 0.032 | 0.051 | 0.96 | 1.52 | + 0.56 % |
| LLP | 0.013 | 0.011 | 0.38 | 0.34 | -0.04 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 13.8 % 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 in excess of Rs. 2 lakhs lifts the bar with a remarkable 8.28 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 1.84 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.52 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.56 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.04 % variance in LLP’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Vivek Lakra had no shares in the previous quarter but now holds 2.95% of shares in the current quarter.Sumit Singhania had no shares in the previous quarter but now holds 3% of shares in the current quarter.Jyoti Mohta had no shares in the previous quarter but now holds 1.2% of shares in the current quarter.Bishal Gupta had no shares in the previous quarter but now holds 1.05% of shares in the current quarter.Multiplier Share & Stock Advisors Pvt Ltd had no shares in the previous quarter but now holds 1.4% of shares in the current quarter.