Share the post "IRIS Business Services Shareholding pattern update FY(Q1-Jun 2024-2025)"
IRIS Business Services 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 | 0.72 | 0.72 | 37.1 | 36.09 | -1.01 % |
| Public | 1.22 | 1.27 | 62.75 | 61.1 | -1.65 % |
| DII | 0 | 0.05 | 0 | 2.73 | +2.73 % |
| FII | 0.00 | 0.00 | 0.15 | 0.08 | -0.07 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 37.1% in March 2024 to 36.09% 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 62.75% in March 2024 to 61.1% 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 0% in to 2.73% in June 2024 , indicating that domestic institutions increased their stake in the company by 2.73% . FIIs (Foreign Institutional Investors) shareholding decreased from 0.15% in March 2024 to 0.08% in June 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .
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 (%) |
|---|---|---|---|---|---|
| Subramaniam Swaminathan | 0.447 | 0.447 | 23.1 | 22.47 | -0.63 % |
| Deepta Rangarajan | 0.145 | 0.145 | 7.47 | 7.26 | -0.21 % |
| Balachandran Krishnan | 0.106 | 0.106 | 5.5 | 5.35 | -0.15 % |
| Shyama Balachandran | 0 | 0.020 | 0 | 1 | +1% |
| Shyama Balachandran | 0.020 | 0 | 1.03 | 0 | -1.03% |
Subramaniam Swaminathan faced a downturn in stakeholding this quarter, witnessing a decline of -0.63 % in stakeholding compared to the previous quarter.Deepta Rangarajan faced a downturn in stakeholding this quarter, witnessing a decline of -0.21 % in stakeholding compared to the previous quarter.Balachandran Krishnan faced a downturn in stakeholding this quarter, witnessing a decline of -0.15 % in stakeholding compared to the previous quarter.Shyama Balachandran had no shares in the previous quarter but now holds 1% of shares in the current quarter.Shyama Balachandran had 1.03% 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 | 0.350 | 0.360 | 18.09 | 18.11 | + 0.02 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.419 | 0.421 | 21.63 | 21.15 | -0.48 % |
| Madhuri Madhusudan Kela . | 0 | 0.107 | 0 | 5.39 | +5.39% |
| Koushik Sekhar | 0.024 | 0.024 | 1.24 | 1.2 | -0.04 % |
| Kamalanand Nithianandan . | 0 | 0.029 | 0 | 1.46 | +1.46% |
| Non Resident Indians (NRIs) | 0.028 | 0.030 | 1.45 | 1.51 | + 0.06 % |
| Bodies Corporate | 0.318 | 0.302 | 16.44 | 15.2 | -1.24 % |
| Valuable Infrastructure Pvt. Ltd. | 0.047 | 0.034 | 2.41 | 1.71 | -0.7 % |
| Mansoul Commercial Private Limited | 0.058 | 0.049 | 2.98 | 2.44 | -0.54 % |
| Khazana Tradelinks Pvt Ltd . | 0 | 0.069 | 0 | 3.48 | +3.48% |
| Flowers Valley Pvt Ltd . | 0 | 0.119 | 0 | 5.97 | +5.97% |
| Any Other (specify) | 0.100 | 0.102 | 5.14 | 5.15 | + 0.01 % |
| Iris Employee Wellness Llp | 0 | 0.025 | 0 | 1.25 | +1.25% |
| Body Corp-Ltd Liability Partnership | 0.071 | 0.072 | 3.68 | 3.62 | -0.06 % |
| HUF | 0.028 | 0.030 | 1.46 | 1.52 | + 0.06 % |
| Kamalanand Nithianandan | 0.029 | 0 | 1.5 | 0 | -1.5% |
| Madhuri Madhusudan Kela | 0.107 | 0 | 5.54 | 0 | -5.54% |
| Flowers Valley Pvt Ltd | 0.119 | 0 | 6.14 | 0 | -6.14% |
| Khazana Tradelinks Pvt Ltd | 0.069 | 0 | 3.58 | 0 | -3.58% |
| IRIS Employee Wellness Llp | 0.025 | 0 | 1.28 | 0 | -1.28% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.48 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.04 % in Koushik Sekhar’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.06 %.Observations show a significant difference of -1.24 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.7 % in Valuable Infrastructure Pvt. Ltd.’s financial performance between quarters.Observations show a significant difference of -0.54 % in Mansoul Commercial Private Limited’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.06 % in Body Corp-Ltd Liability Partnership’s financial performance between quarters.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.06 %.Madhuri Madhusudan Kela . had no shares in the previous quarter but now holds 5.39% of shares in the current quarter.Kamalanand Nithianandan . had no shares in the previous quarter but now holds 1.46% of shares in the current quarter.Khazana Tradelinks Pvt Ltd . had no shares in the previous quarter but now holds 3.48% of shares in the current quarter.Flowers Valley Pvt Ltd . had no shares in the previous quarter but now holds 5.97% of shares in the current quarter.Iris Employee Wellness Llp had no shares in the previous quarter but now holds 1.25% of shares in the current quarter.Kamalanand Nithianandan had 1.5% of shares in the previous quarter but exited in the current quarter.Madhuri Madhusudan Kela had 5.54% of shares in the previous quarter but exited in the current quarter.Flowers Valley Pvt Ltd had 6.14% of shares in the previous quarter but exited in the current quarter.Khazana Tradelinks Pvt Ltd had 3.58% of shares in the previous quarter but exited in the current quarter.IRIS Employee Wellness Llp had 1.28% 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 | 0.054 | 0 | 2.73 | +2.73% |
| Pratithi Growth Fund I, a scheme of Pratithi Investments Fund | 0 | 0.038 | 0 | 1.91 | +1.91% |
Alternate Investment Funds had no shares in the previous quarter but now holds 2.73% of shares in the current quarter.Pratithi Growth Fund I, a scheme of Pratithi Investments Fund had no shares in the previous quarter but now holds 1.91% 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 | 0.003 | 0.002 | 0.15 | 0.08 | -0.07 % |
Stakeholding dwindled by -0.07 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.
Madhuri Madhusudan Kela, these shareholders are the Anchor investors of current and previous quarter.
