Share the post "Shareholding Pattern: Shareholding Pattern Jain Irrigation Systems Ltd., An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Jain Irrigation Systems Ltd., 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 | 0.59 | 0.59 | 30.37 | 30.37 | 0 |
| Public | 1.34 | 1.34 | 69.62 | 69.31 | -0.31 % |
| DII | 0.00 | 0.01 | 0.01 | 0.32 | +0.31 % |
| FII | 0.00 | 0.00 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 30.37% 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 69.62% in December 2023 to 69.31% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 0.01% in December 2023 to 0.32% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.31% . FIIs (Foreign Institutional Investors) shareholding remained at 0% from December 2023 to March 2024. , indicating no change in the investment levels by foreign institutions in the company. During quater from December 2023 to March 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 (%) |
|---|---|---|---|---|---|
| Jain Ashok Bhavarlal | 0 | 0.013 | 0 | 0.65 | +0.65% |
| Ashok Bhavarlal Jain | 0.013 | 0 | 0.65 | 0 | -0.65% |
Jain Ashok Bhavarlal had no shares in the previous quarter but now holds 0.65% of shares in the current quarter.Ashok Bhavarlal Jain had 0.65% 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 | 0.972 | 0.941 | 50.4 | 48.79 | -1.61 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.250 | 0.274 | 12.96 | 14.18 | + 1.22 % |
| Non Resident Indians (NRIs) | 0.017 | 0.024 | 0.9 | 1.23 | + 0.33 % |
| Bodies Corporate | 0.023 | 0.037 | 1.22 | 1.94 | + 0.72 % |
| Any Other (specify) | 0.080 | 0.061 | 4.14 | 3.17 | -0.97 % |
| Clearing Members | 0.000 | 0.000 | 0 | 0.02 | + 0.02 % |
| HUF | 0.066 | 0.047 | 3.42 | 2.42 | -1 % |
| LLP | 0.006 | 0.006 | 0.31 | 0.33 | + 0.02 % |
| Varun Garg | 0.023 | 0 | 1.18 | 0 | -1.18% |
| Shelly Agarwal | 0.038 | 0 | 1.99 | 0 | -1.99% |
| Rajendra Surinder Arora | 0.023 | 0 | 1.17 | 0 | -1.17% |
| Pankaj Jayantilal Patel | 0.021 | 0 | 1.08 | 0 | -1.08% |
| Mahendra Girdharilal | 0.050 | 0 | 2.59 | 0 | -2.59% |
| Jain Tarun Pravin | 0.021 | 0 | 1.07 | 0 | -1.07% |
| Amit Kumar Goyal | 0.021 | 0 | 1.09 | 0 | -1.09% |
Observations show a significant difference of -1.61 % 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 1.22 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.33 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.72 %.Observations show a significant difference of -0.97 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -1 % in HUF’s financial performance between quarters.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.02 %.Varun Garg had 1.18% of shares in the previous quarter but exited in the current quarter.Shelly Agarwal had 1.99% of shares in the previous quarter but exited in the current quarter.Rajendra Surinder Arora had 1.17% of shares in the previous quarter but exited in the current quarter.Pankaj Jayantilal Patel had 1.08% of shares in the previous quarter but exited in the current quarter.Mahendra Girdharilal had 2.59% of shares in the previous quarter but exited in the current quarter.Jain Tarun Pravin had 1.07% of shares in the previous quarter but exited in the current quarter.Amit Kumar Goyal had 1.09% 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 (%) |
|---|---|---|---|---|---|
| NBFCs registered with RBI | 0.000 | 0.006 | 0 | 0.31 | + 0.31 % |
The latest quarter saw a considerable enhancement in stakeholding for NBFCs registered with RBI, reflecting an uptick of 0.31 % in their shares.
Athman Ashok Jain, Arohi Ashok Jain, Jyoti Ashok Jain, Jain Ashok Bhavarlal, Ashok Bhavarlal Jain, Mahendra Girdharilal, these shareholders are the Anchor investors of current and previous quarter.
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