Share the post "Shareholding Pattern: Shareholding Pattern POWER GRID CORPORATION OF INDIA LIMITED An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
POWER GRID CORPORATION OF INDIA 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 | 477.49 | 477.49 | 51.34 | 51.34 | 0 |
| Public | 452.57 | 452.57 | 3.36 | 3.55 | +0.19 % |
| DII | 137.51 | 142.07 | 14.79 | 15.28 | +0.49 % |
| FII | 283.75 | 277.39 | 30.51 | 29.83 | -0.68 % |
| Government | 0.03 | 0.04 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 51.34% in both December 2023 and March 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 3.36% in December 2023 to 3.55% 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 14.79% in December 2023 to 15.28% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.49% . FIIs (Foreign Institutional Investors) shareholding decreased from 30.51% in December 2023 to 29.83% 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 (%) |
|---|---|---|---|---|---|
| PRESIDENT OF INDIA | 18.004 | 459.485 | 1.94 | 49.4 | + 47.46 % |
PRESIDENT OF INDIA has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 47.46 %.
| 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 | 24.243 | 25.458 | 2.61 | 2.74 | + 0.13 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.699 | 2.763 | 0.29 | 0.3 | + 0.01 % |
| Non Resident Indians (NRIs) | 0.961 | 1.023 | 0.1 | 0.11 | + 0.01 % |
| Bodies Corporate | 2.058 | 2.487 | 0.22 | 0.27 | + 0.05 % |
| Any Other (specify) | 1.156 | 1.176 | 0.12 | 0.13 | + 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 0.13 %.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 0.01 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.05 %.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/ | 97.854 | 101.514 | 10.52 | 10.91 | + 0.39 % |
| PARAG PARIKH FLEXI CAP FUND | 12.158 | 14.374 | 1.31 | 1.55 | + 0.24 % |
| SBI MAGNUM EQUITY ESG FUND | 0 | 20.594 | 0 | 2.21 | +2.21% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C-NIPPON INDIA NIF | 0 | 27.881 | 0 | 3 | +3% |
| ICICI PRUDENTIAL SENSEX ETF | 0 | 11.262 | 0 | 1.21 | +1.21% |
| Insurance Companies | 32.401 | 33.191 | 3.48 | 3.57 | + 0.09 % |
| LICI NEW PENSION PLUS BALANCED FUND | 0 | 21.077 | 0 | 2.27 | +2.27% |
| Provident Funds/ Pension Funds | 6.482 | 6.639 | 0.7 | 0.71 | + 0.01 % |
| SBI EQUITY HYBRID FUND | 21.110 | 0 | 2.27 | 0 | -2.27% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ARB | 28.141 | 0 | 3.03 | 0 | -3.03% |
| HDFC MUTUAL FUND – HDFC S&P BSE 500 ETF | 9.842 | 0 | 1.06 | 0 | -1.06% |
| ICICI PRUDENTIAL BLUECHIP FUND | 9.955 | 0 | 1.07 | 0 | -1.07% |
| LICI ULIP-GROWTH FUND | 19.544 | 0 | 2.1 | 0 | -2.1% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.39 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for PARAG PARIKH FLEXI CAP FUND, reflecting an uptick of 0.24 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.09 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.01 % in their shares.SBI MAGNUM EQUITY ESG FUND had no shares in the previous quarter but now holds 2.21% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C-NIPPON INDIA NIF had no shares in the previous quarter but now holds 3% of shares in the current quarter.ICICI PRUDENTIAL SENSEX ETF had no shares in the previous quarter but now holds 1.21% of shares in the current quarter.LICI NEW PENSION PLUS BALANCED FUND had no shares in the previous quarter but now holds 2.27% of shares in the current quarter.SBI EQUITY HYBRID FUND had 2.27% of shares in the previous quarter but exited in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ARB had 3.03% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND – HDFC S&P BSE 500 ETF had 1.06% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL BLUECHIP FUND had 1.07% of shares in the previous quarter but exited in the current quarter.LICI ULIP-GROWTH FUND had 2.1% 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 (%) |
|---|---|---|---|---|---|
| Foreign Portfolio Investors Category I | 272.195 | 266.770 | 29.27 | 28.68 | -0.59 % |
| GOVERNMENT OF SINGAPORE | 0 | 26.185 | 0 | 2.82 | +2.82% |
| Foreign Portfolio Investors Category II | 11.476 | 10.610 | 1.23 | 1.14 | -0.09 % |
| Any Other(Institutions (Foreign)) | 0.081 | 0.013 | 0.01 | 0 | -0.01 % |
| FOREIGN INSTITUTIONAL INVESTORS | 0.081 | 0.013 | 0.01 | 0 | -0.01 % |
| GOVERNMENT OF SINGAPORE – E | 23.125 | 0 | 2.49 | 0 | -2.49% |
Stakeholding dwindled by -0.59 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.09 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for Any Other(Institutions (Foreign)) in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for FOREIGN INSTITUTIONAL INVESTORS in comparison to the preceding quarter.GOVERNMENT OF SINGAPORE had no shares in the previous fiii quarter but now holds 2.82% of shares in the current quarter.GOVERNMENT OF SINGAPORE – E had 2.49% of shares in the previous quarter but exited in the current quarter.
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