Indian Bank 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 | 99.45 | 99.45 | 73.84 | 73.84 | 0 |
| Public | 35.24 | 35.24 | 3.92 | 3.9 | -0.02 % |
| DII | 22.84 | 22.74 | 16.95 | 16.88 | -0.07 % |
| FII | 7.12 | 7.25 | 5.29 | 5.38 | +0.09 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 73.84% in both March 2024 and June 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 3.92% in March 2024 to 3.9% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 16.95% in March 2024 to 16.88% in June 2024 , indicating that domestic institutions reduced their -0.07 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 5.29% in March 2024 to 5.38% in June 2024. This suggests that foreign institutions grew their investments 0.09 in the company during the quarter. During quater from March 2024 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 (%) |
|---|---|---|---|---|---|
| President of India | 0 | 99.455 | 0 | 73.84 | +73.84% |
| PRESIDENT OF INDIA | 99.455 | 0 | 73.84 | 0 | -73.84% |
Promoters shareholding remained stable, at 73.84% in both March 2024 and June 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 3.92% in March 2024 to 3.9% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 16.95% in March 2024 to 16.88% in June 2024 , indicating that domestic institutions reduced their -0.07 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 5.29% in March 2024 to 5.38% in June 2024. This suggests that foreign institutions grew their investments 0.09 in the company during the quarter. During quater from March 2024 to June 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.President of India had no shares in the previous quarter but now holds 73.84% of shares in the current quarter.PRESIDENT OF INDIA had 73.84% 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 3.471 | 3.493 | 2.58 | 2.59 | + 0.01 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.574 | 0.587 | 0.43 | 0.44 | + 0.01 % |
| Bodies Corporate | 0.347 | 0.310 | 0.26 | 0.23 | -0.03 % |
| Any Other (specify) | 0.708 | 0.683 | 0.53 | 0.51 | -0.02 % |
| LLP | 0 | 0.015 | 0 | 0.01 | +0.01% |
| HUF | 0.103 | 0.099 | 0.08 | 0.07 | -0.01 % |
| ESOP or ESOS or ESPS | 0.526 | 0.489 | 0.39 | 0.36 | -0.03 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.03 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.03 % in ESOP or ESOS or ESPS’s financial performance between quarters.LLP had no shares in the previous quarter but now holds 0.01% 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 (%) |
|---|---|---|---|---|---|
| Mutual Funds/ | 15.774 | 15.913 | 11.71 | 11.81 | + 0.1 % |
| HSBC VALUE FUND UNDER ITS VARIOUS SCHEMES | 1.819 | 1.806 | 1.35 | 1.34 | -0.01 % |
| MIRAE ASSET LARGE & MIDCAP FUND UNDER ITS VARIOUS SCHEMES |
0 | 1.835 | 0 | 1.36 | +1.36% |
| HDFC MUTUAL FUND UNDER ITS VARIOUS SCHEMES | 0 | 4.682 | 0 | 3.48 | +3.48% |
| Alternate Investment Funds | 0.718 | 0.626 | 0.53 | 0.46 | -0.07 % |
| Insurance Companies | 6.344 | 6.195 | 4.71 | 4.6 | -0.11 % |
| MIRAE ASSET LARGE & MIDCAP FUND UNDER ITS VARIOUS SCHEMES |
1.657 | 0 | 1.23 | 0 | -1.23% |
| HDFC MUTUAL FUND UNDER ITS VARIOUS SCHEMES | 4.680 | 0 | 3.47 | 0 | -3.47% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.1 % in their shares.HSBC VALUE FUND UNDER ITS VARIOUS SCHEMES decreased their stake from 1.34% in the previous quarter to 1.35% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Alternate Investment Funds decreased their stake from 0.46% in the previous quarter to 0.53% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.07 %.Insurance Companies decreased their stake from 4.6% in the previous quarter to 4.71% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.MIRAE ASSET LARGE & MIDCAP
FUND UNDER ITS VARIOUS SCHEMES had no shares in the previous quarter but now holds 1.36% of shares in the current quarter.HDFC MUTUAL FUND UNDER ITS VARIOUS SCHEMES had no shares in the previous quarter but now holds 3.48% of shares in the current quarter.MIRAE ASSET LARGE & MIDCAP
FUND UNDER ITS VARIOUS SCHEMES had 1.23% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND UNDER ITS VARIOUS SCHEMES had 3.47% of shares in the previous quarter but exited in the current quarter.
FUND UNDER ITS VARIOUS SCHEMES had no shares in the previous quarter but now holds 1.36% of shares in the current quarter.HDFC MUTUAL FUND UNDER ITS VARIOUS SCHEMES had no shares in the previous quarter but now holds 3.48% of shares in the current quarter.MIRAE ASSET LARGE & MIDCAP
FUND UNDER ITS VARIOUS SCHEMES had 1.23% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND UNDER ITS VARIOUS SCHEMES had 3.47% 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 | 6.828 | 6.976 | 5.07 | 5.18 | + 0.11 % |
| Foreign Portfolio Investors Category II | 0.290 | 0.272 | 0.22 | 0.2 | -0.02 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.11 % .Stakeholding dwindled by -0.02 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
