Share the post "Indian Bright Steel Co Shareholding pattern update FY(Q1-Jun 2024-2025)"
Indian Bright Steel Co 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 | 0.04 | 0.04 | 1.47 | 1.22 | -0.25 % |
Public | 2.38 | 2.88 | 34.28 | 28.4 | -5.88 % |
DII | 0.00 | 0.00 | 0 | 0 | 0 |
FII | 1.55 | 2.05 | 64.25 | 70.38 | +6.13 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 1.47% in March 2024 to 1.22% 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 decreased from 34.28% in March 2024 to 28.4% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0% from March 2024 to June 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors): There was a significant increase from 64.25% in March 2024 to 70.38% in June 2024. This suggests that foreign institutions grew their investments 6.13 in the company during the quarter.
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 (%) |
---|---|---|---|---|---|
BUPINDER SINGH CHADHA | 0 | 0.021 | 0 | 0.73 | +0.73% |
CHARNJIT SINGH CHADHA | 0 | 0.014 | 0 | 0.49 | +0.49% |
MR. AVINASH JAJODIA | 0.000 | 0.000 | 0.01 | 0 | -0.01 % |
AURUM PARKS PRIVATE LIMITED | 0.035 | 0 | 1.47 | 0 | -1.47% |
MR. AVINASH JAJODIA faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.BUPINDER SINGH CHADHA had no shares in the previous quarter but now holds 0.73% of shares in the current quarter.CHARNJIT SINGH CHADHA had no shares in the previous quarter but now holds 0.49% of shares in the current quarter.AURUM PARKS PRIVATE LIMITED had 1.47% 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 (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.060 | 0.062 | 2.49 | 2.14 | -0.35 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.078 | 0.070 | 3.22 | 2.4 | -0.82 % |
NIMESH SHAMBHULAL JOSHI | 0 | 0.030 | 0 | 1.03 | +1.03% |
Non Resident Indians (NRIs) | 0.366 | 0.372 | 15.19 | 12.78 | -2.41 % |
Balaji Viswanathan Swaminathan | 0.360 | 0.360 | 14.92 | 12.36 | -2.56 % |
Bodies Corporate | 0.319 | 0.318 | 13.2 | 10.91 | -2.29 % |
Hermes Corporate Advisory Private Limited | 0.308 | 0.308 | 12.75 | 10.56 | -2.19 % |
Any Other (specify) | 0.004 | 0.005 | 0.18 | 0.17 | -0.01 % |
HUF | 0.004 | 0.005 | 0.18 | 0.17 | -0.01 % |
Nimesh S Joshi | 0.030 | 0 | 1.24 | 0 | -1.24% |
Observations show a significant difference of -0.35 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.82 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -2.41 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -2.56 % in Balaji Viswanathan Swaminathan’s financial performance between quarters.Observations show a significant difference of -2.29 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -2.19 % in Hermes Corporate Advisory Private Limited’s financial performance between quarters.Observations show a significant difference of -0.01 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.NIMESH SHAMBHULAL JOSHI had no shares in the previous quarter but now holds 1.03% of shares in the current quarter.Nimesh S Joshi had 1.24% 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 Direct Investment | 0.585 | 0.585 | 24.25 | 20.09 | -4.16 % |
Nexus Global Opportunities Fund | 0.585 | 0.585 | 24.25 | 20.09 | -4.16 % |
Foreign Portfolio Investors Category II | 0.965 | 1.465 | 40 | 50.3 | + 10.3 % |
3 Sigma Global Fund | 0 | 0.500 | 0 | 17.17 | +17.17% |
Dovetail India Fund | 0.250 | 0.250 | 10.36 | 8.58 | -1.78 % |
Galaxy Noble Global Opportunities Fund PCC – GNGOF 1 | 0.415 | 0.415 | 17.2 | 14.25 | -2.95 % |
Norocos Opportunities Fund PCC- CELL A | 0.300 | 0.300 | 12.43 | 10.3 | -2.13 % |
Stakeholding dwindled by -4.16 % for Foreign Direct Investment in comparison to the preceding quarter.Stakeholding dwindled by -4.16 % for Nexus Global Opportunities Fund 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 10.3 % .Stakeholding dwindled by -1.78 % for Dovetail India Fund in comparison to the preceding quarter.Stakeholding dwindled by -2.95 % for Galaxy Noble Global Opportunities Fund PCC – GNGOF 1 in comparison to the preceding quarter.Stakeholding dwindled by -2.13 % for Norocos Opportunities Fund PCC- CELL A in comparison to the preceding quarter.3 Sigma Global Fund had no shares in the previous fiii quarter but now holds 17.17% of shares in the current quarter.