Share the post "Mishtann Foods Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Mishtann Foods 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 | 49.82 | 49.82 | 49.82 | 48.38 | -1.44 % |
Public | 50.18 | 53.14 | 47.95 | 46.6 | -1.35 % |
DII | 0 | 0 | 0 | 0 | 0 |
FII | 2.23 | 5.17 | 2.23 | 5.02 | +2.79 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 49.82% in December 2023 to 48.38% 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 decreased from 47.95% in December 2023 to 46.6% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.FIIs (Foreign Institutional Investors): There was a significant increase from 2.23% in December 2023 to 5.02% in March 2024. This suggests that foreign institutions grew their investments 2.79 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 (%) |
---|---|---|---|---|---|
PATEL HITESHKUMAR GAURISHANKAR | 0 | 49.817 | 0 | 48.38 | +48.38% |
HITESHKUMAR GAURISHANKAR PATEL | 49.817 | 0 | 49.82 | 0 | -49.82% |
Promoters’ shareholding decreased from 49.82% in December 2023 to 48.38% 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 decreased from 47.95% in December 2023 to 46.6% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.FIIs (Foreign Institutional Investors): There was a significant increase from 2.23% in December 2023 to 5.02% in March 2024. This suggests that foreign institutions grew their investments 2.79 in the company during the quarter. PATEL HITESHKUMAR GAURISHANKAR had no shares in the previous quarter but now holds 48.38% of shares in the current quarter.HITESHKUMAR GAURISHANKAR PATEL had 49.82% 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 (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 32.378 | 37.610 | 32.38 | 36.53 | + 4.15 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 12.991 | 7.784 | 12.99 | 7.56 | -5.43 % |
KRISHNABEN RAJENDRAKUMAR PATEL | 0 | 1.092 | 0 | 1.06 | +1.06% |
Non Resident Indians (NRIs) | 1.112 | 1.205 | 1.11 | 1.17 | + 0.06 % |
Bodies Corporate | 1.467 | 1.375 | 1.47 | 1.34 | -0.13 % |
SANKARBHAI DHURABHAI PATEL | 4.882 | 0 | 4.88 | 0 | -4.88% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 4.15 %.Observations show a significant difference of -5.43 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.06 %.Observations show a significant difference of -0.13 % in Bodies Corporate’s financial performance between quarters.KRISHNABEN RAJENDRAKUMAR PATEL had no shares in the previous quarter but now holds 1.06% of shares in the current quarter.SANKARBHAI DHURABHAI PATEL had 4.88% 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 | 2.234 | 5.168 | 2.23 | 5.02 | + 2.79 % |
NOMURA SINGAPORE LIMITED ODI | 2.188 | 2.188 | 2.19 | 2.13 | -0.06 % |
CITRINE FUND LIMITED | 0 | 1.480 | 0 | 1.44 | +1.44% |
ZINNIA GLOBAL FUND PCC – CELL DEWCAP FUND | 0 | 1.480 | 0 | 1.44 | +1.44% |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 2.79 % .Stakeholding dwindled by -0.06 % for NOMURA SINGAPORE LIMITED ODI in comparison to the preceding quarter.CITRINE FUND LIMITED had no shares in the previous fiii quarter but now holds 1.44% of shares in the current quarter.ZINNIA GLOBAL FUND PCC – CELL DEWCAP FUND had no shares in the previous fiii quarter but now holds 1.44% of shares in the current quarter.