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Jio Financial Services 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 | 299.39 | 299.39 | 47.12 | 47.12 | 0 |
| Public | 335.94 | 335.94 | 19.9 | 20.75 | +0.85 % |
| DII | 83.12 | 80.08 | 13.08 | 12.6 | -0.48 % |
| FII | 125.98 | 123.54 | 19.83 | 19.45 | -0.38 % |
| Government | 0.44 | 0.49 | 0.07 | 0.08 | +0.01 % |
Promoters shareholding remained stable, at 47.12% 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 increased from 19.9% in December 2023 to 20.75% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 13.08% in December 2023 to 12.6% in March 2024 , indicating that domestic institutions reduced their -0.48 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 19.83% in December 2023 to 19.45% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .During both December 2023 and March 2024, Government ownership saw a notable increase, rising to 0.08%, indicating a strengthening of the government’s position in the company over 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 (%) |
|---|---|---|---|---|---|
| Reliance Industries Holding Private Ltd | 30.401 | 20.401 | 4.79 | 3.21 | -1.58 % |
| Sikka Ports & Terminals Limited | 3.850 | 6.850 | 0.61 | 1.08 | + 0.47 % |
| Jamnagar Utilities and Power Private Limited | 4.546 | 11.546 | 0.72 | 1.82 | + 1.1 % |
Reliance Industries Holding Private Ltd faced a downturn in stakeholding this quarter, witnessing a decline of -1.58 % in stakeholding compared to the previous quarter.Sikka Ports & Terminals Limited has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.47 %.Jamnagar Utilities and Power Private Limited has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 1.1 %.
| 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 | 79.901 | 86.817 | 12.58 | 13.66 | + 1.08 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 18.440 | 19.103 | 2.9 | 3.01 | + 0.11 % |
| Non Resident Indians (NRIs) | 4.942 | 5.470 | 0.78 | 0.86 | + 0.08 % |
| Bodies Corporate | 11.334 | 8.837 | 1.78 | 1.39 | -0.39 % |
| Any Other (specify) | 8.061 | 7.893 | 1.27 | 1.24 | -0.03 % |
| HUF | 2.637 | 2.795 | 0.42 | 0.44 | + 0.02 % |
| JFSL TRUST â PPS | 0 | 0.042 | 0 | 0.01 | +0.01% |
| JFSL TRUST â PHYS | 0 | 4.337 | 0 | 0.68 | +0.68% |
| Unclaimed or Suspense or Escrow Account | 0.556 | 0.016 | 0.09 | 0 | -0.09 % |
| Unclaimed or Suspense or Escrow Account | 0.556 | 0.004 | 0.09 | 0 | -0.09 % |
| Clearing Members | 0.134 | 0.021 | 0.02 | 0 | -0.02 % |
| JFSL Trust â PPS | 0.043 | 0 | 0.01 | 0 | -0.01% |
| JFSL Trust â PHYS | 4.530 | 0 | 0.71 | 0 | -0.71% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.08 %.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 0.11 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.08 %.Observations show a significant difference of -0.39 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.03 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.09 % in Unclaimed or Suspense or Escrow Account’s financial performance between quarters.Observations show a significant difference of -0.09 % in Unclaimed or Suspense or Escrow Account’s financial performance between quarters.Observations show a significant difference of -0.02 % in Clearing Members’s financial performance between quarters.JFSL TRUST â PPS had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.JFSL TRUST â PHYS had no shares in the previous quarter but now holds 0.68% of shares in the current quarter.JFSL Trust â PPS had 0.01% of shares in the previous quarter but exited in the current quarter.JFSL Trust â PHYS had 0.71% 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 (%) |
|---|---|---|---|---|---|
| Mutual Funds/ | 31.169 | 30.112 | 4.91 | 4.74 | -0.17 % |
| Motilal Oswal Mutual Funds | 8.129 | 7.709 | 1.28 | 1.21 | -0.07 % |
| Quant Mutual Funds | 8.724 | 11.480 | 1.37 | 1.81 | + 0.44 % |
| Alternate Investment Funds | 0.597 | 0.712 | 0.09 | 0.11 | + 0.02 % |
| Banks | 0.270 | 0.016 | 0.04 | 0 | -0.04 % |
| Insurance Companies | 47.064 | 45.671 | 7.41 | 7.19 | -0.22 % |
| Provident Funds/ Pension Funds | 3.407 | 2.951 | 0.54 | 0.46 | -0.08 % |
Mutual Funds/ decreased their stake from 4.74% in the previous quarter to 4.91% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.17 %.Motilal Oswal Mutual Funds decreased their stake from 1.21% in the previous quarter to 1.28% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.07 %.The latest quarter saw a considerable enhancement in stakeholding for Quant Mutual Funds, reflecting an uptick of 0.44 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.02 % in their shares.Banks decreased their stake from 0% in the previous quarter to 0.04% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.Insurance Companies decreased their stake from 7.19% in the previous quarter to 7.41% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.Provident Funds/ Pension Funds decreased their stake from 0.46% in the previous quarter to 0.54% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.
| 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 | 0.819 | 0.444 | 0.13 | 0.07 | -0.06 % |
| Foreign Portfolio Investors Category I | 121.846 | 119.793 | 19.18 | 18.86 | -0.32 % |
| Government of Singapore | 10.762 | 8.143 | 1.69 | 1.28 | -0.41 % |
| Europacific Growth Fund | 8.620 | 8.160 | 1.36 | 1.28 | -0.08 % |
| Foreign Portfolio Investors Category II | 3.224 | 3.174 | 0.51 | 0.5 | -0.01 % |
| Any Other(Institutions (Foreign)) | 0.095 | 0.132 | 0.01 | 0.02 | + 0.01 % |
| Foreign Institutional Investors | 0.095 | 0.132 | 0.01 | 0.02 | + 0.01 % |
Stakeholding dwindled by -0.06 % for Foreign Direct Investment in comparison to the preceding quarter.Stakeholding dwindled by -0.32 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.41 % for Government of Singapore in comparison to the preceding quarter.Stakeholding dwindled by -0.08 % for Europacific Growth Fund in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Any Other(Institutions (Foreign)), which experienced a significant increase of 0.01 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Institutional Investors, which experienced a significant increase of 0.01 % .
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