Share the post "Onward Technologies Shareholding pattern update FY(Q1-Jun 2024-2025)"
Onward Technologies 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 | 0.86 | 0.86 | 38.12 | 38.02 | -0.1 % |
Public | 1.39 | 1.40 | 51.71 | 52.75 | +1.04 % |
DII | 0.17 | 0.17 | 7.66 | 7.59 | -0.07 % |
FII | 0.06 | 0.04 | 2.51 | 1.64 | -0.87 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 38.12% in March 2024 to 38.02% 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 increased from 51.71% in March 2024 to 52.75% 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 7.66% in March 2024 to 7.59% in June 2024 , indicating that domestic institutions reduced their -0.07 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 2.51% in March 2024 to 1.64% 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
---|---|---|---|---|---|
Prachi Mehta | 0.015 | 0.015 | 0.67 | 0.66 | -0.01 % |
Jhm Enterprises Private Limited | 0 | 0.760 | 0 | 33.65 | +33.65% |
JHM Enterprises Private Limited (formerly known as Onward Software Technologies Private Limited) | 0.760 | 0 | 33.74 | 0 | -33.74% |
Prachi Mehta faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.Jhm Enterprises Private Limited had no shares in the previous quarter but now holds 33.65% of shares in the current quarter.JHM Enterprises Private Limited (formerly known as Onward Software Technologies Private Limited) had 33.74% 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 | 0.430 | 0.478 | 19.11 | 21.19 | + 2.08 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.180 | 0.172 | 8.01 | 7.61 | -0.4 % |
Non Resident Indians (NRIs) | 0.021 | 0.026 | 0.93 | 1.16 | + 0.23 % |
Foreign Companies | 0.390 | 0.390 | 17.32 | 17.27 | -0.05 % |
Infinity Direct Holdings | 0.390 | 0.390 | 17.32 | 17.27 | -0.05 % |
Bodies Corporate | 0.085 | 0.066 | 3.75 | 2.93 | -0.82 % |
Any Other (specify) | 0.054 | 0.054 | 2.4 | 2.38 | -0.02 % |
Clearing Members | 0.000 | 0.000 | 0.01 | 0 | -0.01 % |
HUF | 0.042 | 0.046 | 1.88 | 2.04 | + 0.16 % |
LLP | 0.011 | 0.008 | 0.51 | 0.33 | -0.18 % |
Jainam Broking Limited | 0.023 | 0 | 1.03 | 0 | -1.03% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 2.08 %.Observations show a significant difference of -0.4 % 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 0.23 %.Observations show a significant difference of -0.05 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -0.05 % in Infinity Direct Holdings’s financial performance between quarters.Observations show a significant difference of -0.82 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Clearing Members’s financial performance between quarters.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.16 %.Observations show a significant difference of -0.18 % in LLP’s financial performance between quarters.Jainam Broking Limited had 1.03% 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/ | 0.093 | 0.092 | 4.11 | 4.07 | -0.04 % |
Icici Prudential Technology Fund | 0.044 | 0.044 | 1.97 | 1.96 | -0.01 % |
Whiteoak Capital Flexi Cap Fund | 0.048 | 0.047 | 2.13 | 2.1 | -0.03 % |
Alternate Investment Funds | 0.005 | 0.004 | 0.2 | 0.18 | -0.02 % |
Insurance Companies | 0.075 | 0.075 | 3.34 | 3.33 | -0.01 % |
Kotak Mahindra Life Insurance Company Ltd. | 0.075 | 0.075 | 3.34 | 3.33 | -0.01 % |
Mutual Funds/ decreased their stake from 4.07% in the previous quarter to 4.11% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.Icici Prudential Technology Fund decreased their stake from 1.96% in the previous quarter to 1.97% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Whiteoak Capital Flexi Cap Fund decreased their stake from 2.1% in the previous quarter to 2.13% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.03 %.Alternate Investment Funds decreased their stake from 0.18% in the previous quarter to 0.2% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.Insurance Companies decreased their stake from 3.33% in the previous quarter to 3.34% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Kotak Mahindra Life Insurance Company Ltd. decreased their stake from 3.33% in the previous quarter to 3.34% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -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 (%) |
---|---|---|---|---|---|
Foreign Portfolio Investors Category I | 0.052 | 0.030 | 2.32 | 1.32 | -1 % |
Foreign Portfolio Investors Category II | 0.004 | 0.007 | 0.18 | 0.32 | + 0.14 % |
Stakeholding dwindled by -1 % 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 0.14 % .