IndiaMART InterMESH 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 | 2.95 | 2.95 | 49.21 | 49.21 | 0 |
| Public | 3.04 | 3.04 | 18.3 | 17.05 | -1.25 % |
| DII | 0.49 | 0.64 | 8.25 | 10.62 | +2.37 % |
| FII | 1.45 | 1.38 | 24.16 | 23.07 | -1.09 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 49.21% 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 18.3% in December 2023 to 17.05% 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 8.25% in December 2023 to 10.62% in March 2024 , indicating that domestic institutions increased their stake in the company by 2.37% . FIIs (Foreign Institutional Investors) shareholding decreased from 24.16% in December 2023 to 23.07% 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 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.493 | 0.473 | 8.21 | 7.89 | -0.32 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.298 | 0.285 | 4.97 | 4.76 | -0.21 % |
| Madhup Agrawal | 0.095 | 0.093 | 1.58 | 1.55 | -0.03 % |
| Dinesh Gulati | 0.067 | 0.064 | 1.12 | 1.06 | -0.06 % |
| Non Resident Indians (NRIs) | 0.026 | 0.027 | 0.43 | 0.45 | + 0.02 % |
| Foreign Companies | 0.197 | 0.151 | 3.28 | 2.52 | -0.76 % |
| Westbridge Crossover Fund, Llc | 0.197 | 0.151 | 3.28 | 2.52 | -0.76 % |
| Bodies Corporate | 0.042 | 0.042 | 0.69 | 0.7 | + 0.01 % |
| Any Other (specify) | 0.016 | 0.018 | 0.27 | 0.3 | + 0.03 % |
| Clearing Members | 0.000 | 0.002 | 0 | 0.04 | + 0.04 % |
| HUF | 0.009 | 0.010 | 0.14 | 0.16 | + 0.02 % |
| LLP | 0.005 | 0.003 | 0.09 | 0.04 | -0.05 % |
| Trusts | 0.002 | 0.003 | 0.03 | 0.05 | + 0.02 % |
Observations show a significant difference of -0.32 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.21 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.03 % in Madhup Agrawal’s financial performance between quarters.Observations show a significant difference of -0.06 % in Dinesh Gulati’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.76 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -0.76 % in Westbridge Crossover Fund, Llc’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.03 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.05 % in LLP’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.02 %.
| 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/ | 0.427 | 0.528 | 7.12 | 8.81 | + 1.69 % |
| Sbi Technology Opportunities Fund | 0.060 | 0.074 | 1 | 1.23 | + 0.23 % |
| Icici Prudential Technology Fund | 0 | 0.135 | 0 | 2.25 | +2.25% |
| Uti Flexi Cap Fund | 0.148 | 0.144 | 2.47 | 2.4 | -0.07 % |
| Alternate Investment Funds | 0.037 | 0.068 | 0.62 | 1.13 | + 0.51 % |
| Banks | 0.001 | 0.000 | 0.01 | 0 | -0.01 % |
| Insurance Companies | 0.029 | 0.040 | 0.48 | 0.66 | + 0.18 % |
| NBFCs registered with RBI | 0.001 | 0.001 | 0.01 | 0.02 | + 0.01 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.69 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Sbi Technology Opportunities Fund, reflecting an uptick of 0.23 % in their shares.Uti Flexi Cap Fund decreased their stake from 2.4% in the previous quarter to 2.47% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.07 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.51 % in their shares.Banks decreased their stake from 0% in the previous quarter to 0.01% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.18 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for NBFCs registered with RBI, reflecting an uptick of 0.01 % in their shares.Icici Prudential Technology Fund had no shares in the previous quarter but now holds 2.25% of shares 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 | 1.408 | 1.340 | 23.47 | 22.34 | -1.13 % |
| First Sentier Investors Icvc – Stewart Investors Indian Subcontinent Sustainability Fund |
0 | 0.083 | 0 | 1.38 | +1.38% |
| Arisaig Asia Fund Limited | 0.191 | 0.143 | 3.19 | 2.39 | -0.8 % |
| Foreign Portfolio Investors Category II | 0.042 | 0.044 | 0.69 | 0.74 | + 0.05 % |
| First Sentier Investors Icvc – Stewart Investors Indian Subcontinent Sustainability Fund | 0.076 | 0 | 1.27 | 0 | -1.27% |
Stakeholding dwindled by -1.13 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.8 % for Arisaig Asia Fund Limited in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.05 % .First Sentier Investors Icvc – Stewart
Investors Indian Subcontinent Sustainability Fund had no shares in the previous fiii quarter but now holds 1.38% of shares in the current quarter.First Sentier Investors Icvc – Stewart Investors Indian Subcontinent Sustainability Fund had 1.27% of shares in the previous quarter but exited in the current quarter.
Investors Indian Subcontinent Sustainability Fund had no shares in the previous fiii quarter but now holds 1.38% of shares in the current quarter.First Sentier Investors Icvc – Stewart Investors Indian Subcontinent Sustainability Fund had 1.27% of shares in the previous quarter but exited in the current quarter.
