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JSW Steel 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 | 109.57 | 109.57 | 44.81 | 44.81 | 0 |
Public | 134.08 | 134.15 | 18.44 | 18.3 | -0.14 % |
DII | 24.01 | 25.75 | 9.82 | 10.53 | +0.71 % |
FII | 63.73 | 62.41 | 26.06 | 25.52 | -0.54 % |
Government | 1.24 | 1.24 | 0.51 | 0.51 | 0 |
Promoters shareholding remained stable, at 44.81% 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 18.44% in March 2024 to 18.3% 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 9.82% in March 2024 to 10.53% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.71% . FIIs (Foreign Institutional Investors) shareholding decreased from 26.06% in March 2024 to 25.52% 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 .During quater from March 2024 to June 2024, Goverenment ownership remained steady at 0.51%.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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Investor Education and Protection Fund | 1.645 | 1.659 | 0.67 | 0.68 | + 0.01 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 9.075 | 8.680 | 3.71 | 3.55 | -0.16 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 8.802 | 8.778 | 3.6 | 3.59 | -0.01 % |
Bodies Corporate | 20.180 | 20.283 | 8.25 | 8.29 | + 0.04 % |
Any Other (specify) | 1.900 | 1.853 | 0.78 | 0.76 | -0.02 % |
Clearing Members | 0.042 | 0.002 | 0.02 | 0 | -0.02 % |
Leading the way to higher stakeholding, Investor Education and Protection Fund has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.16 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.04 %.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in Clearing Members’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/ | 7.802 | 8.764 | 3.19 | 3.58 | + 0.39 % |
SBI NIFTY INDEX FUND | 0 | 3.587 | 0 | 1.47 | +1.47% |
Banks | 0.033 | 0.158 | 0.01 | 0.06 | + 0.05 % |
Insurance Companies | 16.110 | 16.775 | 6.59 | 6.86 | + 0.27 % |
LICI NEW ENDOWMENT PLUS-GROWTH FUND | 0 | 15.243 | 0 | 6.23 | +6.23% |
SBI ARBITRAGE OPPORTUNITIES FUND | 3.271 | 0 | 1.34 | 0 | -1.34% |
LICI ULIP-GROWTH FUND | 15.022 | 0 | 6.14 | 0 | -6.14% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.39 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Banks, reflecting an uptick of 0.05 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.27 % in their shares.SBI NIFTY INDEX FUND had no shares in the previous quarter but now holds 1.47% of shares in the current quarter.LICI NEW ENDOWMENT PLUS-GROWTH FUND had no shares in the previous quarter but now holds 6.23% of shares in the current quarter.SBI ARBITRAGE OPPORTUNITIES FUND had 1.34% of shares in the previous quarter but exited in the current quarter.LICI ULIP-GROWTH FUND had 6.14% 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 | 22.154 | 21.183 | 9.06 | 8.66 | -0.4 % |
Foreign Portfolio Investors Category II | 4.877 | 4.524 | 1.99 | 1.85 | -0.14 % |
THELEME MASTER FUND LIMITED | 3.697 | 3.252 | 1.51 | 1.33 | -0.18 % |
Stakeholding dwindled by -0.4 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.14 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.Stakeholding dwindled by -0.18 % for THELEME MASTER FUND LIMITED in comparison to the preceding quarter.
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