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Shareholding Pattern: Shareholding Pattern Karnataka Bank Ltd. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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Karnataka Bank 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 0.00 0.00 0 0 0
Public 34.67 37.72 63.27 58.09 -5.18 %
DII 6.14 8.70 17.7 23.05 +5.35 %
FII 6.60 7.11 19.03 18.86 -0.17 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 0% 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 63.27% in December 2023 to 58.09% 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 17.7% in December 2023 to 23.05% in March 2024 , indicating that domestic institutions increased their stake in the company by 5.35% . FIIs (Foreign Institutional Investors) shareholding decreased from 19.03% in December 2023 to 18.86% 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 .

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

“MSP INFOTECH PVT LTD had no shares in the previous quarter but now holds 3.25% of shares in the current quarter.MSP INFOTECH PVT. LTD. had 3.25% 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 (%)
Investor Education and Protection Fund 0.111 0.111 0.32 0.29 -0.03 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 11.614 11.663 33.49 30.91 -2.58 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 8.069 8.085 23.27 21.43 -1.84 %
B SUMANTHKUMAR REDDY 0.738 0.710 2.13 1.88 -0.25 %
Non Resident Indians (NRIs) 0.762 0.758 2.2 2.01 -0.19 %
Bodies Corporate 1.358 1.276 3.92 3.38 -0.54 %
Unclaimed or Suspense or Escrow Account 0.020 0.020 0.06 0.05 -0.01 %
SREENADHA REDDY NAYANI 0.363 0 1.05 0 -1.05%
Observations show a significant difference of -0.03 % in Investor Education and Protection Fund ‘s financial performance between quarters.Observations show a significant difference of -2.58 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -1.84 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.25 % in B SUMANTHKUMAR REDDY’s financial performance between quarters.Observations show a significant difference of -0.19 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.54 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.01 % in Unclaimed or Suspense or Escrow Account’s financial performance between quarters.SREENADHA REDDY NAYANI had 1.05% 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/ 2.023 3.673 5.83 9.74 + 3.91 %
HSBC MIDCAP FUND 0 1.005 0 2.66 +2.66%
QUANT MUTUAL FUND – QUANT SMALL CAP FUND 0 1.475 0 3.91 +3.91%
Alternate Investment Funds 0.029 0.007 0.08 0.02 -0.06 %
Insurance Companies 4.085 5.016 11.78 13.3 + 1.52 %
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. 0 0.853 0 2.26 +2.26%
LIFE INSURANCE CORPORATION OF INDIA 1.306 1.306 3.77 3.46 -0.31 %
ICICI LOMBARD GENERAL INSURANCE COMPANY LTD 0 0.377 0 1 +1%
HDFC LIFE INSURANCE COMPANY LIMITED 1.357 1.357 3.91 3.6 -0.31 %
QUANT MUTUAL FUND – QUANT FLEXI CAP FUND 1.475 0 4.26 0 -4.26%
BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 0.938 0 2.71 0 -2.71%
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 3.91 % in their shares.Alternate Investment Funds decreased their stake from 0.02% in the previous quarter to 0.08% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 1.52 % in their shares.LIFE INSURANCE CORPORATION OF INDIA decreased their stake from 3.46% in the previous quarter to 3.77% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.31 %.HDFC LIFE INSURANCE COMPANY LIMITED decreased their stake from 3.6% in the previous quarter to 3.91% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.31 %.HSBC MIDCAP FUND had no shares in the previous quarter but now holds 2.66% of shares in the current quarter.QUANT MUTUAL FUND – QUANT SMALL CAP FUND had no shares in the previous quarter but now holds 3.91% of shares in the current quarter.BAJAJ ALLIANZ LIFE INSURANCE COMPANY LTD. had no shares in the previous quarter but now holds 2.26% of shares in the current quarter.ICICI LOMBARD GENERAL INSURANCE COMPANY LTD had no shares in the previous quarter but now holds 1% of shares in the current quarter.QUANT MUTUAL FUND – QUANT FLEXI CAP FUND had 4.26% of shares in the previous quarter but exited in the current quarter.BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED had 2.71% 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 (%)
Foreign Portfolio Investors Category I 6.369 6.855 18.37 18.17 -0.2 %
LSV EMERGING MARKETS EQUITY FUND LP 0.412 0.401 1.19 1.06 -0.13 %
ZEAL GLOBAL OPPORTUNITIES FUND 0.778 0.759 2.24 2.01 -0.23 %
Foreign Portfolio Investors Category II 0.230 0.259 0.66 0.69 + 0.03 %
ZINNIA GLOBAL FUND PCC – CELL DEWCAP FUND 0.382 0 1.1 0 -1.1%
Stakeholding dwindled by -0.2 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.13 % for LSV EMERGING MARKETS EQUITY FUND LP in comparison to the preceding quarter.Stakeholding dwindled by -0.23 % for ZEAL GLOBAL OPPORTUNITIES FUND 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 0.03 % .ZINNIA GLOBAL FUND PCC – CELL DEWCAP FUND had 1.1% of shares in the previous quarter but exited in the current quarter.
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