Share the post "Nitin Spinners Shareholding pattern update FY(Q1-Jun 2024-2025)"
Nitin Spinners 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 | 3.17 | 3.17 | 56.46 | 56.47 | +0.01 % |
Public | 2.45 | 2.45 | 29.1 | 27.94 | -1.16 % |
DII | 0.77 | 0.84 | 13.74 | 14.99 | +1.25 % |
FII | 0.04 | 0.03 | 0.7 | 0.6 | -0.1 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding increased from 56.46% in March 2024 to 56.47% in June 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 29.1% in March 2024 to 27.94% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 13.74% in March 2024 to 14.99% in June 2024 , indicating that domestic institutions increased their stake in the company by 1.25% . FIIs (Foreign Institutional Investors) shareholding decreased from 0.7% in March 2024 to 0.6% in June 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Investor Education and Protection Fund | 0.006 | 0.006 | 0.11 | 0.1 | -0.01 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.862 | 0.870 | 15.33 | 15.48 | + 0.15 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.472 | 0.391 | 8.39 | 6.95 | -1.44 % |
Non Resident Indians (NRIs) | 0.090 | 0.079 | 1.6 | 1.41 | -0.19 % |
Bodies Corporate | 0.128 | 0.143 | 2.28 | 2.55 | + 0.27 % |
Any Other (specify) | 0.078 | 0.081 | 1.4 | 1.44 | + 0.04 % |
HUF | 0.062 | 0.063 | 1.1 | 1.13 | + 0.03 % |
AJAY KUMAR AGGARWAL | 0.056 | 0 | 1 | 0 | -1% |
Observations show a significant difference of -0.01 % in Investor Education and Protection Fund ‘s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.15 %.Observations show a significant difference of -1.44 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.19 % 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 0.27 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.03 %.AJAY KUMAR AGGARWAL had 1% 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 (%) |
---|---|---|---|---|---|
Mutual Funds/ | 0.772 | 0.843 | 13.74 | 14.99 | + 1.25 % |
MAHINDRA MANULIFE MULTI CAP FUND | 0.164 | 0.179 | 2.92 | 3.19 | + 0.27 % |
BANDHAN SMALL CAP FUND | 0.190 | 0.257 | 3.37 | 4.56 | + 1.19 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.25 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for MAHINDRA MANULIFE MULTI CAP FUND, reflecting an uptick of 0.27 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for BANDHAN SMALL CAP FUND, reflecting an uptick of 1.19 % in their shares.
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 | 0.027 | 0.021 | 0.48 | 0.37 | -0.11 % |
Foreign Portfolio Investors Category II | 0.012 | 0.013 | 0.22 | 0.24 | + 0.02 % |
Stakeholding dwindled by -0.11 % 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 0.02 % .