Share the post "Shareholding Pattern: Shareholding Pattern Laxmi Organic Industries Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Laxmi Organic Industries 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 |
19.23 |
19.23 |
69.83 |
69.72 |
-0.11 % |
Public |
8.31 |
8.35 |
25.96 |
25.99 |
+0.03 % |
DII
|
0.97 |
0.95 |
3.54 |
3.44 |
-0.1 % |
FII
|
0.18 |
0.23 |
0.67 |
0.85 |
+0.18 % |
Government
|
0 |
0 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 69.83% in December 2023 to 69.72% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public increased from 25.96% in December 2023 to 25.99% 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 3.54% in December 2023 to 3.44% in March 2024 , indicating that domestic institutions reduced their -0.1 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 0.67% in December 2023 to 0.85% in March 2024. This suggests that foreign institutions grew their investments 0.18 in the company during the quarter.
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 (%) |
Manisha Ravi Goenka |
0.888 |
0.888 |
3.23 |
3.22 |
-0.01 % |
Yellowstone Trust |
17.670 |
17.670 |
64.18 |
64.07 |
-0.11 % |
Brady Investments Private Limited |
0.470 |
0.470 |
1.71 |
1.7 |
-0.01 % |
Manisha Ravi Goenka faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.Yellowstone Trust faced a downturn in stakeholding this quarter, witnessing a decline of -0.11 % in stakeholding compared to the previous quarter.Brady Investments Private Limited faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous 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 |
5.463 |
5.457 |
19.84 |
19.79 |
-0.05 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
0.670 |
0.706 |
2.43 |
2.56 |
+ 0.13 % |
Non Resident Indians (NRIs) |
0.129 |
0.116 |
0.47 |
0.42 |
-0.05 % |
Bodies Corporate |
0.291 |
0.303 |
1.06 |
1.1 |
+ 0.04 % |
Any Other (specify) |
0.217 |
0.208 |
0.79 |
0.75 |
-0.04 % |
LLP |
0.014 |
0.017 |
0.05 |
0.06 |
+ 0.01 % |
HUF |
0.203 |
0.190 |
0.74 |
0.69 |
-0.05 % |
Observations show a significant difference of -0.05 % 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 0.13 %.Observations show a significant difference of -0.05 % in Non Resident Indians (NRIs)’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 -0.04 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.05 % 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/ |
0.852 |
0.806 |
3.09 |
2.92 |
-0.17 % |
Icici Prudential Multicap Fund |
0.479 |
0.429 |
1.74 |
1.56 |
-0.18 % |
Alternate Investment Funds |
0.122 |
0.120 |
0.44 |
0.43 |
-0.01 % |
Insurance Companies |
0 |
0.022 |
0 |
0.08 |
+0.08% |
Mutual Funds/ decreased their stake from 2.92% in the previous quarter to 3.09% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.17 %.Icici Prudential Multicap Fund decreased their stake from 1.56% in the previous quarter to 1.74% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.18 %.Alternate Investment Funds decreased their stake from 0.43% in the previous quarter to 0.44% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies had no shares in the previous quarter but now holds 0.08% of shares 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 |
0.170 |
0.214 |
0.62 |
0.78 |
+ 0.16 % |
Foreign Portfolio Investors Category II |
0.013 |
0.020 |
0.05 |
0.07 |
+ 0.02 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.16 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.02 % .
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