Latest Shareholding Pattern L.g.Balkrishnan & Bros. Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

L.g.Balkrishnan & Bros. Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

 

L.g.Balkrishnan & Bros. 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 1.06 1.06 33.74 33.74 0
Public 2.08 2.08 44.53 44.65 +0.12 %
DII 0.44 0.44 13.91 13.99 +0.08 %
FII 0.25 0.24 7.82 7.62 -0.2 %
Government 0.00 0 0 0 0
Promoters shareholding remained stable, at 33.74% 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 44.53% in December 2023 to 44.65% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 13.91% in December 2023 to 13.99% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.08% . FIIs (Foreign Institutional Investors) shareholding decreased from 7.82% in December 2023 to 7.62% 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.

Shareholder Name Previous Quarter Quantity (In crores) Current Quarter Quantity (In crores) Previous Quarter Shares (in %) Current Quarter Shares (in %) Quarter-to-Quarter Difference (%)
V RAJSRI 0 0.218 0 6.94 +6.94%
B VIJAYA KUMAR 0 0.157 0 5 +5%
ELGI AUTOMOTIVE SERVICE PVT LTD 0 0.008 0 0.25 +0.25%
SILENT CHAIN INDIA PVT LTD 0 0.001 0 0.02 +0.02%
RAJSRI V 0.218 0 6.94 0 -6.94%
B VIJAYAKUMAR – TRUSTEE – JESHTA FAMILY PRIVATE TRUST 0.157 0 5 0 -5%
ELGI AUTOMOTIVE SERVICES PRIVATE LIMITED 0.008 0 0.25 0 -0.25%
SILENT CHAIN INDIA PRIVATE LIMITED 0.001 0 0.02 0 -0.02%
V RAJSRI had no shares in the previous quarter but now holds 6.94% of shares in the current quarter.B VIJAYA KUMAR had no shares in the previous quarter but now holds 5% of shares in the current quarter.ELGI AUTOMOTIVE SERVICE PVT LTD had no shares in the previous quarter but now holds 0.25% of shares in the current quarter.SILENT CHAIN INDIA PVT LTD had no shares in the previous quarter but now holds 0.02% of shares in the current quarter.RAJSRI V had 6.94% of shares in the previous quarter but exited in the current quarter.B VIJAYAKUMAR – TRUSTEE – JESHTA FAMILY PRIVATE TRUST had 5% of shares in the previous quarter but exited in the current quarter.ELGI AUTOMOTIVE SERVICES PRIVATE LIMITED had 0.25% of shares in the previous quarter but exited in the current quarter.SILENT CHAIN INDIA PRIVATE LIMITED had 0.02% 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 0.006 0.006 0.19 0.2 + 0.01 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 0.774 0.774 24.65 24.64 -0.01 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.414 0.416 13.2 13.24 + 0.04 %
ANIL KUMAR GOEL 0.040 0.040 1.27 1.26 -0.01 %
Non Resident Indians (NRIs) 0.053 0.055 1.68 1.75 + 0.07 %
Bodies Corporate 0.087 0.089 2.76 2.83 + 0.07 %
Any Other (specify) 0.063 0.061 2.01 1.95 -0.06 %
HUF 0.046 0.044 1.46 1.4 -0.06 %
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 -0.01 % 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 0.04 %.Observations show a significant difference of -0.01 % in ANIL KUMAR GOEL’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.07 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.07 %.Observations show a significant difference of -0.06 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.06 % in HUF’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/ 0.412 0.415 13.13 13.22 + 0.09 %
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND 0 0.089 0 2.84 +2.84%
HDFC SMALL CAP FUND 0.280 0.286 8.92 9.1 + 0.18 %
Alternate Investment Funds 0.024 0.024 0.77 0.76 -0.01 %
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND 0.089 0 2.84 0 -2.84%
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.09 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC SMALL CAP FUND, reflecting an uptick of 0.18 % in their shares.Alternate Investment Funds decreased their stake from 0.76% in the previous quarter to 0.77% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND had no shares in the previous quarter but now holds 2.84% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND had 2.84% 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 0.233 0.224 7.41 7.15 -0.26 %
Foreign Portfolio Investors Category II 0.013 0.015 0.4 0.47 + 0.07 %
Stakeholding dwindled by -0.26 % for Foreign Portfolio Investors Category I 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 0.07 % .

Anil Kumar Goel, these shareholders are the Anchor investors of current and previous quarter.

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