Share the post "NMDC Steel Shareholding pattern update FY(Q1-Jun 2024-2025)"
NMDC Steel 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 | 178.16 | 178.16 | 60.79 | 60.79 | 0 |
Public | 114.90 | 114.90 | 17.6 | 18.47 | +0.87 % |
DII | 49.72 | 47.53 | 16.97 | 16.22 | -0.75 % |
FII | 13.61 | 13.26 | 4.64 | 4.52 | -0.12 % |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 60.79% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 17.6% in March 2024 to 18.47% in June 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 16.97% in March 2024 to 16.22% in June 2024 , indicating that domestic institutions reduced their -0.75 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 4.64% in March 2024 to 4.52% 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 .During quater from March 2024 to June 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
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 (%) |
---|---|---|---|---|---|
PRESIDENT OF INDIA | 0 | 178.163 | 0 | 60.79 | +60.79% |
President of India | 178.163 | 0 | 60.79 | 0 | -60.79% |
Promoters shareholding remained stable, at 60.79% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 17.6% in March 2024 to 18.47% in June 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 16.97% in March 2024 to 16.22% in June 2024 , indicating that domestic institutions reduced their -0.75 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 4.64% in March 2024 to 4.52% 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 .During quater from March 2024 to June 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.PRESIDENT OF INDIA had no shares in the previous quarter but now holds 60.79% of shares in the current quarter.President of India had 60.79% 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 | 27.880 | 29.987 | 9.51 | 10.23 | + 0.72 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 16.286 | 16.364 | 5.56 | 5.58 | + 0.02 % |
Non Resident Indians (NRIs) | 1.641 | 1.938 | 0.56 | 0.66 | + 0.1 % |
Bodies Corporate | 5.633 | 5.676 | 1.92 | 1.94 | + 0.02 % |
Any Other (specify) | 0.128 | 0.136 | 0.04 | 0.05 | + 0.01 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.72 %.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 0.02 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.1 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Any Other (specify) 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/ | 3.489 | 1.753 | 1.19 | 0.6 | -0.59 % |
Banks | 2.563 | 2.114 | 0.87 | 0.72 | -0.15 % |
LIFE INSURANCE CORPORATION OF INDIA | 0 | 41.040 | 0 | 14 | +14% |
Life Insurance Corporation of India | 41.040 | 0 | 14 | 0 | -14% |
Mutual Funds/ decreased their stake from 0.6% in the previous quarter to 1.19% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.59 %.Banks decreased their stake from 0.72% in the previous quarter to 0.87% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.15 %.LIFE INSURANCE CORPORATION OF INDIA had no shares in the previous quarter but now holds 14% of shares in the current quarter.Life Insurance Corporation of India had 14% 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 | 12.106 | 12.465 | 4.13 | 4.25 | + 0.12 % |
Foreign Portfolio Investors Category II | 1.501 | 0.793 | 0.51 | 0.27 | -0.24 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.12 % .Stakeholding dwindled by -0.24 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.