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Shareholding Pattern: Shareholding Pattern Indian Overseas Bank FY(Q1-Jun 2023-2024)

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Indian Overseas Bank 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 1,821.83 1,821.83 96.38 96.38 0
Public 68.41 68.41 2.28 2.27 -0.01 %
DII 24.46 24.54 1.29 1.3 +0.01 %
FII 0.92 1.00 0.05 0.05 0
Government 0.00 0 0 0 0
Promoters shareholding remained stable, at 96.38% 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 2.28% in March 2024 to 2.27% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 1.29% in March 2024 to 1.3% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.01% . FIIs (Foreign Institutional Investors) shareholding remained at 0.05% from March 2024 to June 2024. , indicating no change in the investment levels by foreign institutions in the company.

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 29.290 29.161 1.55 1.54 -0.01 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 6.541 6.754 0.35 0.36 + 0.01 %
Bodies Corporate 1.319 1.127 0.07 0.06 -0.01 %
Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.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 -0.01 % in Bodies Corporate’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/ 1.195 1.285 0.06 0.07 + 0.01 %
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.01 % in their shares.
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