Share the post "NIPPON LIFE INDIA ASSET MANAGEMENT Shareholding pattern update FY(Q1-Jun 2024-2025)"
NIPPON LIFE INDIA ASSET MANAGEMENT has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).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 | 45.90 | 45.90 | 72.86 | 72.66 | -0.2 % |
| Public | 17.10 | 17.27 | 7.26 | 6.43 | -0.83 % |
| DII | 9.07 | 9.06 | 14.4 | 14.35 | -0.05 % |
| FII | 3.45 | 4.14 | 5.48 | 6.56 | +1.08 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 72.86% in March 2024 to 72.66% in June 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 7.26% in March 2024 to 6.43% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 14.4% in March 2024 to 14.35% in June 2024 , indicating that domestic institutions reduced their -0.050000000000001 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 5.48% in March 2024 to 6.56% in June 2024. This suggests that foreign institutions grew their investments 1.08 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 (%) |
|---|---|---|---|---|---|
| NIPPON LIFE INSURANCE COMPANY | 45.903 | 45.903 | 72.86 | 72.66 | -0.2 % |
NIPPON LIFE INSURANCE COMPANY faced a downturn in stakeholding this quarter, witnessing a decline of -0.2 % 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 (%) |
|---|---|---|---|---|---|
| Key Managerial Personnel | 0.067 | 0.061 | 0.11 | 0.1 | -0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 2.953 | 2.686 | 4.69 | 4.25 | -0.44 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.559 | 0.477 | 0.89 | 0.75 | -0.14 % |
| Non Resident Indians (NRIs) | 0.263 | 0.192 | 0.42 | 0.3 | -0.12 % |
| Bodies Corporate | 0.601 | 0.552 | 0.95 | 0.87 | -0.08 % |
| Any Other (specify) | 0.128 | 0.101 | 0.2 | 0.16 | -0.04 % |
| HUF | 0.109 | 0.100 | 0.17 | 0.16 | -0.01 % |
| Clearing Members | 0.019 | 0.000 | 0.03 | 0 | -0.03 % |
Observations show a significant difference of -0.01 % in Key Managerial Personnel’s financial performance between quarters.Observations show a significant difference of -0.44 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.14 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.12 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.08 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.04 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.03 % in Clearing Members’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/ | 4.629 | 5.100 | 7.35 | 8.07 | + 0.72 % |
| SBI MUTUAL FUND | 0.929 | 1.066 | 1.47 | 1.69 | + 0.22 % |
| HDFC MUTUAL FUND | 1.073 | 1.099 | 1.7 | 1.74 | + 0.04 % |
| ICICI PRUDENTIAL MUTUAL FUND | 0.728 | 0.701 | 1.16 | 1.11 | -0.05 % |
| Alternate Investment Funds | 0.200 | 0.242 | 0.32 | 0.38 | + 0.06 % |
| Insurance Companies | 4.241 | 3.721 | 6.73 | 5.89 | -0.84 % |
| LIFE INSURANCE CORPORATION OF INDIA | 3.816 | 3.410 | 6.06 | 5.4 | -0.66 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.72 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for SBI MUTUAL FUND, reflecting an uptick of 0.22 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC MUTUAL FUND, reflecting an uptick of 0.04 % in their shares.ICICI PRUDENTIAL MUTUAL FUND decreased their stake from 1.11% in the previous quarter to 1.16% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.06 % in their shares.Insurance Companies decreased their stake from 5.89% in the previous quarter to 6.73% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.84 %.LIFE INSURANCE CORPORATION OF INDIA decreased their stake from 5.4% in the previous quarter to 6.06% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.66 %.
| 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 | 3.362 | 4.041 | 5.34 | 6.4 | + 1.06 % |
| Foreign Portfolio Investors Category II | 0.092 | 0.101 | 0.15 | 0.16 | + 0.01 % |
| BARON EMERGING MARKETS FUND | 0.742 | 0 | 1.18 | 0 | -1.18% |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.06 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.01 % .BARON EMERGING MARKETS FUND had 1.18% of shares in the previous quarter but exited in the current quarter.
