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Max Financial Services has released its latest shareholding reports, covering the Second quarter and the fiscal year ending on (Q2-Sep 2024-2025).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 | 2.25 | 1.15 | 6.52 | 3.34 | -3.18 % |
| Public | 32.26 | 33.36 | 6.14 | 6.42 | +0.28 % |
| DII | 14.06 | 15.18 | 40.74 | 44 | +3.26 % |
| FII | 16.08 | 15.96 | 46.6 | 46.24 | -0.36 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 6.52% in June 2024 to 3.34% in September 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 6.14% in June 2024 to 6.42% in September 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 40.74% in June 2024 to 44% in September 2024 , indicating that domestic institutions increased their stake in the company by 3.26% . FIIs (Foreign Institutional Investors) shareholding decreased from 46.6% in June 2024 to 46.24% in September 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 (%) |
|---|---|---|---|---|---|
| MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITED | 2.210 | 1.110 | 6.4 | 3.22 | -3.18 % |
MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -3.18 % 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 | 1.421 | 1.413 | 4.12 | 4.09 | -0.03 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.143 | 0.170 | 0.42 | 0.49 | + 0.07 % |
| Non Resident Indians (NRIs) | 0.098 | 0.106 | 0.28 | 0.31 | + 0.03 % |
| Bodies Corporate | 0.192 | 0.250 | 0.56 | 0.72 | + 0.16 % |
| Any Other (specify) | 0.177 | 0.193 | 0.51 | 0.56 | + 0.05 % |
| Trusts | 0.171 | 0.187 | 0.5 | 0.54 | + 0.04 % |
| Clearing Members | 0.002 | 0.002 | 0 | 0.01 | + 0.01 % |
Observations show a significant difference of -0.03 % 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 0.07 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.03 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.16 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.01 %.
| 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/ | 11.971 | 12.598 | 34.69 | 36.5 | + 1.81 % |
| MIRAE ASSET ARBITRAGE FUND | 0 | 0.604 | 0 | 1.75 | +1.75% |
| UTI NIFTY MIDCAP 150 ETF | 0 | 0.370 | 0 | 1.07 | +1.07% |
| FRANKLIN INDIA PRIMA FUND | 0 | 0.428 | 0 | 1.24 | +1.24% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY 500 EQUAL WEIGHT INDEX FUND | 0 | 1.930 | 0 | 5.59 | +5.59% |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINANCIAL SERVICES EX-BANK INDEX FUND | 1.086 | 0.868 | 3.15 | 2.52 | -0.63 % |
| HDFC MUTUAL FUND – HDFC NIFTY500 MULTICAP 50:25:25 INDEX FUND | 0 | 2.906 | 0 | 8.42 | +8.42% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C – ADITYA BIRLA SUN LIFE MULTI ASSET ALLOCATION FUND | 0.858 | 0.993 | 2.49 | 2.88 | + 0.39 % |
| DSP ARBITRAGE FUND | 0.739 | 0.825 | 2.14 | 2.39 | + 0.25 % |
| ICICI PRUDENTIAL NIFTY FINANCIAL SERVICES EX-BANK ETF | 0.891 | 1.624 | 2.58 | 4.7 | + 2.12 % |
| Alternate Investment Funds | 0.209 | 0.444 | 0.61 | 1.29 | + 0.68 % |
| Banks | 0.002 | 0.000 | 0.01 | 0 | -0.01 % |
| Insurance Companies | 1.872 | 2.137 | 5.42 | 6.19 | + 0.77 % |
| TATA AIA LIFE INSURANCE COMPANY LIMITED A/C FLEXI GROWTH FD II (ULIF 074 02/05/24 FG2 110) | 0 | 0.461 | 0 | 1.34 | +1.34% |
| HDFC LIFE INSURANCE COMPANYLIMITED -SHAREHOLDERS SOLVENCY MARGIN ACCOUNT | 0.834 | 0.840 | 2.42 | 2.43 | + 0.01 % |
| MIRAE ASSET BALANCED ADVANTAGE FUND | 0.873 | 0 | 2.53 | 0 | -2.53% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND | 2.066 | 0 | 5.99 | 0 | -5.99% |
| HDFC MUTUAL FUND – HDFC NIFTY MIDCAP 150 INDEX FUND | 2.826 | 0 | 8.19 | 0 | -8.19% |
| CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID CAP FUND | 0.374 | 0 | 1.08 | 0 | -1.08% |
| TATA AIA LIFE INSURANCE COMPANY LIMITED A/C RISING INDIA FUND (ULIF 073 17/01/24 RIF 110) | 0.433 | 0 | 1.26 | 0 | -1.26% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.81 % in their shares.KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINANCIAL SERVICES EX-BANK INDEX FUND decreased their stake from 2.52% in the previous quarter to 3.15% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.63 %.The latest quarter saw a considerable enhancement in stakeholding for ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C – ADITYA BIRLA SUN LIFE MULTI ASSET ALLOCATION FUND, reflecting an uptick of 0.39 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for DSP ARBITRAGE FUND, reflecting an uptick of 0.25 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for ICICI PRUDENTIAL NIFTY FINANCIAL SERVICES EX-BANK ETF, reflecting an uptick of 2.12 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.68 % in their shares.Banks decreased their stake from 0% in the previous quarter to 0.01% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.77 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC LIFE INSURANCE COMPANYLIMITED -SHAREHOLDERS SOLVENCY MARGIN ACCOUNT, reflecting an uptick of 0.01 % in their shares.MIRAE ASSET ARBITRAGE FUND had no shares in the previous quarter but now holds 1.75% of shares in the current quarter.UTI NIFTY MIDCAP 150 ETF had no shares in the previous quarter but now holds 1.07% of shares in the current quarter.FRANKLIN INDIA PRIMA FUND had no shares in the previous quarter but now holds 1.24% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY 500 EQUAL WEIGHT INDEX FUND had no shares in the previous quarter but now holds 5.59% of shares in the current quarter.HDFC MUTUAL FUND – HDFC NIFTY500 MULTICAP 50:25:25 INDEX FUND had no shares in the previous quarter but now holds 8.42% of shares in the current quarter.TATA AIA LIFE INSURANCE COMPANY LIMITED A/C FLEXI GROWTH FD II (ULIF 074 02/05/24 FG2 110) had no shares in the previous quarter but now holds 1.34% of shares in the current quarter.MIRAE ASSET BALANCED ADVANTAGE FUND had 2.53% of shares in the previous quarter but exited in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY MIDCAP 150 INDEX FUND had 5.99% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND – HDFC NIFTY MIDCAP 150 INDEX FUND had 8.19% of shares in the previous quarter but exited in the current quarter.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID CAP FUND had 1.08% of shares in the previous quarter but exited in the current quarter.TATA AIA LIFE INSURANCE COMPANY LIMITED A/C RISING INDIA FUND (ULIF 073 17/01/24 RIF 110) had 1.26% 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 (%) |
|---|---|---|---|---|---|
| MITSUI SUMITOMO INSURANCE COMPANY LIMITEd | 0 | 7.546 | 0 | 21.86 | +21.86% |
| Foreign Portfolio Investors Category I | 8.409 | 8.304 | 24.37 | 24.06 | -0.31 % |
| KOTAK FUNDS – INDIA MIDCAP FUND | 0.631 | 0.497 | 1.83 | 1.44 | -0.39 % |
| KUWAIT INVESTMENT AUTHORITY FUND F238 | 0.441 | 0.450 | 1.28 | 1.3 | + 0.02 % |
| Foreign Portfolio Investors Category II | 0.128 | 0.106 | 0.37 | 0.31 | -0.06 % |
| MITSUI SUMITOMO INSURANCE COMPANY LIMITED | 7.546 | 0 | 21.86 | 0 | -21.86% |
| NEW YORK LIFE INSURANCE COMPANY | 0.389 | 0 | 1.13 | 0 | -1.13% |
Stakeholding dwindled by -0.31 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.39 % for KOTAK FUNDS – INDIA MIDCAP FUND in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for KUWAIT INVESTMENT AUTHORITY FUND F238, which experienced a significant increase of 0.02 % .Stakeholding dwindled by -0.06 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.MITSUI SUMITOMO INSURANCE COMPANY LIMITEd had no shares in the previous fiii quarter but now holds 21.86% of shares in the current quarter.MITSUI SUMITOMO INSURANCE COMPANY LIMITED had 21.86% of shares in the previous quarter but exited in the current quarter.NEW YORK LIFE INSURANCE COMPANY had 1.13% of shares in the previous quarter but exited in the current quarter.
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