Nuvama Wealth Management 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 | 1.97 | 1.97 | 55.95 | 55.81 | -0.14 % |
| Public | 1.55 | 1.56 | 35.96 | 36.01 | +0.05 % |
| DII | 0.03 | 0.04 | 0.93 | 1.27 | +0.34 % |
| FII | 0.25 | 0.24 | 7.16 | 6.91 | -0.25 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 55.95% in December 2023 to 55.81% 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 increased from 35.96% in December 2023 to 36.01% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 0.93% in December 2023 to 1.27% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.34% . FIIs (Foreign Institutional Investors) shareholding decreased from 7.16% in December 2023 to 6.91% in March 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 December 2023 to March 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 (%) |
|---|---|---|---|---|---|
| Asia Pragati Strategic Investment Fund | 0.032 | 0.032 | 0.9 | 0.89 | -0.01 % |
| Pagac Ecstasy Pte Ltd | 1.939 | 1.939 | 55.05 | 54.92 | -0.13 % |
Asia Pragati Strategic Investment Fund faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.Pagac Ecstasy Pte Ltd faced a downturn in stakeholding this quarter, witnessing a decline of -0.13 % 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 | 0.222 | 0.232 | 6.3 | 6.58 | + 0.28 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.396 | 0.384 | 11.25 | 10.87 | -0.38 % |
| Rashesh Chandrakant Shah | 0.147 | 0.143 | 4.16 | 4.04 | -0.12 % |
| Non Resident Indians (NRIs) | 0.028 | 0.029 | 0.78 | 0.82 | + 0.04 % |
| Bodies Corporate | 0.585 | 0.591 | 16.61 | 16.74 | + 0.13 % |
| Mabella Trustee Services Private Limited | 0.043 | 0.043 | 1.23 | 1.22 | -0.01 % |
| Edel Finance Company Limited | 0.183 | 0.183 | 5.21 | 5.2 | -0.01 % |
| Ecap Equities Ltd | 0.299 | 0.299 | 8.48 | 8.46 | -0.02 % |
| Any Other (specify) | 0.027 | 0.026 | 0.76 | 0.73 | -0.03 % |
| HUF | 0.014 | 0.014 | 0.41 | 0.39 | -0.02 % |
| LLP | 0.012 | 0.012 | 0.35 | 0.34 | -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 0.28 %.Observations show a significant difference of -0.38 % 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 Rashesh Chandrakant Shah’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.13 %.Observations show a significant difference of -0.01 % in Mabella Trustee Services Private Limited’s financial performance between quarters.Observations show a significant difference of -0.01 % in Edel Finance Company Limited’s financial performance between quarters.Observations show a significant difference of -0.02 % in Ecap Equities Ltd’s financial performance between quarters.Observations show a significant difference of -0.03 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.01 % in LLP’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/ | 0 | 0.006 | 0 | 0.17 | +0.17% |
| Alternate Investment Funds | 0.005 | 0.011 | 0.14 | 0.31 | + 0.17 % |
| NBFCs registered with RBI | 0.000 | 0.000 | 0 | 0.01 | + 0.01 % |
The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.17 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for NBFCs registered with RBI, reflecting an uptick of 0.01 % in their shares.Mutual Funds/ had no shares in the previous quarter but now holds 0.17% of shares 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 | 0.190 | 0.190 | 5.41 | 5.39 | -0.02 % |
| Foreign Portfolio Investors Category II | 0.062 | 0.054 | 1.75 | 1.52 | -0.23 % |
| Baron Emerging Markets Fund | 0.038 | 0 | 1.08 | 0 | -1.08% |
Stakeholding dwindled by -0.02 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.23 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.Baron Emerging Markets Fund had 1.08% of shares in the previous quarter but exited in the current quarter.
Mukul Mahavir Agrawal, these shareholders are the Anchor investors of current and previous quarter.
