IndoStar Capital Finance 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 | 10.21 | 10.21 | 75 | 75 | 0 |
| Public | 3.40 | 3.40 | 21.83 | 21.74 | -0.09 % |
| DII | 0.25 | 0.24 | 1.84 | 1.77 | -0.07 % |
| FII | 0.18 | 0.20 | 1.33 | 1.49 | +0.16 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 75% 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 21.83% in December 2023 to 21.74% in March 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 1.84% in December 2023 to 1.77% in March 2024 , indicating that domestic institutions reduced their -0.07 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 1.33% in December 2023 to 1.49% in March 2024. This suggests that foreign institutions grew their investments 0.16 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.929 | 0.891 | 6.83 | 6.55 | -0.28 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 1.061 | 1.033 | 7.79 | 7.59 | -0.2 % |
| Madhuri Madhusudan Kela . | 0 | 0.338 | 0 | 2.48 | +2.48% |
| Non Resident Indians (NRIs) | 0.056 | 0.066 | 0.41 | 0.48 | + 0.07 % |
| Bodies Corporate | 0.726 | 0.785 | 5.34 | 5.77 | + 0.43 % |
| Any Other (specify) | 0.199 | 0.184 | 1.46 | 1.35 | -0.11 % |
| HUF | 0.110 | 0.109 | 0.81 | 0.8 | -0.01 % |
| Trusts | 0.088 | 0.075 | 0.65 | 0.55 | -0.1 % |
| Madhuri Madhusudan Kela | 0.338 | 0 | 2.48 | 0 | -2.48% |
Observations show a significant difference of -0.28 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.2 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.07 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.43 %.Observations show a significant difference of -0.11 % 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 -0.1 % in Trusts’s financial performance between quarters.Madhuri Madhusudan Kela . had no shares in the previous quarter but now holds 2.48% of shares in the current quarter.Madhuri Madhusudan Kela had 2.48% 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 (%) |
|---|---|---|---|---|---|
| Alternate Investment Funds | 0.010 | 0 | 0.07 | 0 | -0.07% |
Alternate Investment Funds had 0.07% 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 | 0.043 | 0.042 | 0.32 | 0.31 | -0.01 % |
| Foreign Portfolio Investors Category II | 0.138 | 0.160 | 1.01 | 1.18 | + 0.17 % |
| Cohesion Mk Best Ideas Sub-Trust | 0.138 | 0.159 | 1.01 | 1.17 | + 0.16 % |
Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category I 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 0.17 % .During this past quarter, there was a noteworthy upswing in stakeholding for Cohesion Mk Best Ideas Sub-Trust, which experienced a significant increase of 0.16 % .
Madhuri Madhusudan Kela, these shareholders are the Anchor investors of current and previous quarter.
