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Onward Technologies has released its latest shareholding reports, covering the Second quarter and the fiscal year ending on (Q2-Sep 2024-2025).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 | 38.02 | 37.94 | -0.08 % |
| Public | 1.40 | 1.40 | 52.75 | 45.7 | -7.05 % |
| DII | 0.17 | 0.17 | 7.59 | 7.39 | -0.2 % |
| FII | 0.04 | 0.20 | 1.64 | 8.97 | +7.33 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 38.02% in June 2024 to 37.94% in September 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 52.75% in June 2024 to 45.7% in September 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 7.59% in June 2024 to 7.39% in September 2024 , indicating that domestic institutions reduced their -0.2 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 1.64% in June 2024 to 8.97% in September 2024. This suggests that foreign institutions grew their investments 7.33 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 (%) |
|---|---|---|---|---|---|
| Jigar Harish Mehta | 0.038 | 0.038 | 1.67 | 1.66 | -0.01 % |
| Heral Harish Mehta | 0.024 | 0.024 | 1.08 | 1.07 | -0.01 % |
| Jhm Enterprises Private Limited | 0.760 | 0.760 | 33.65 | 33.58 | -0.07 % |
Jigar Harish Mehta faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.Heral Harish 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 faced a downturn in stakeholding this quarter, witnessing a decline of -0.07 % 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 (%) |
|---|---|---|---|---|---|
| Investor Education and Protection Fund | 0 | 0.008 | 0 | 0.36 | +0.36% |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.478 | 0.510 | 21.19 | 22.52 | + 1.33 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.172 | 0.170 | 7.61 | 7.51 | -0.1 % |
| Parish Arun Meghani | 0.032 | 0.032 | 1.4 | 1.39 | -0.01 % |
| Non Resident Indians (NRIs) | 0.026 | 0.027 | 1.16 | 1.2 | + 0.04 % |
| Foreign Companies | 0.390 | 0.198 | 17.27 | 8.75 | -8.52 % |
| Infinity Direct Holdings | 0.390 | 0.198 | 17.27 | 8.75 | -8.52 % |
| Bodies Corporate | 0.066 | 0.066 | 2.93 | 2.9 | -0.03 % |
| Any Other (specify) | 0.054 | 0.052 | 2.38 | 2.28 | -0.1 % |
| HUF | 0.046 | 0.045 | 2.04 | 2 | -0.04 % |
| LLP | 0.008 | 0.006 | 0.33 | 0.27 | -0.06 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.33 %.Observations show a significant difference of -0.1 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Parish Arun Meghani’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.04 %.Observations show a significant difference of -8.52 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -8.52 % in Infinity Direct Holdings’s financial performance between quarters.Observations show a significant difference of -0.03 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.1 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.04 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.06 % in LLP’s financial performance between quarters.Investor Education and Protection Fund had no shares in the previous quarter but now holds 0.36% 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 (%) |
|---|---|---|---|---|---|
| Mutual Funds/ | 0.092 | 0.092 | 4.07 | 4.06 | -0.01 % |
| Whiteoak Capital Flexi Cap Fund | 0.047 | 0.047 | 2.1 | 2.09 | -0.01 % |
| Insurance Companies | 0.075 | 0.075 | 3.33 | 3.32 | -0.01 % |
| Kotak Mahindra Life Insurance Company Ltd. | 0.075 | 0.075 | 3.33 | 3.32 | -0.01 % |
| Alternate Investment Funds | 0.004 | 0 | 0.18 | 0 | -0.18% |
Mutual Funds/ decreased their stake from 4.06% in the previous quarter to 4.07% 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 2.09% in the previous quarter to 2.1% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 3.32% in the previous quarter to 3.33% 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 3.32% in the previous quarter to 3.33% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Alternate Investment Funds had 0.18% 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 | 0.030 | 0.193 | 1.32 | 8.53 | + 7.21 % |
| Infinity Portfolio Holdings | 0 | 0.192 | 0 | 8.49 | +8.49% |
| Foreign Portfolio Investors Category II | 0.007 | 0.010 | 0.32 | 0.44 | + 0.12 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 7.21 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.12 % .Infinity Portfolio Holdings had no shares in the previous fiii quarter but now holds 8.49% of shares in the current quarter.
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