Share the post "Shareholding Pattern: Shareholding Pattern POWER GRID CORPORATION OF INDIA FY(Q1-Jun 2024-2025)"
POWER GRID CORPORATION OF INDIA 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 | 477.49 | 477.49 | 51.34 | 51.34 | 0 |
Public | 452.57 | 452.57 | 3.55 | 3.6 | +0.05 % |
DII | 142.07 | 151.86 | 15.28 | 16.33 | +1.05 % |
FII | 277.39 | 267.18 | 29.83 | 28.73 | -1.1 % |
Government | 0.04 | 0.01 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 51.34% 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 3.55% in March 2024 to 3.6% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 15.28% in March 2024 to 16.33% in June 2024 , indicating that domestic institutions increased their stake in the company by 1.05% . FIIs (Foreign Institutional Investors) shareholding decreased from 29.83% in March 2024 to 28.73% 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 | 18.004 | 459.485 | 1.94 | 49.4 | + 47.46 % |
PRESIDENT OF INDIA | 459.485 | 18.004 | 49.4 | 1.94 | -47.46 % |
PRESIDENT OF INDIA has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 47.46 %.PRESIDENT OF INDIA faced a downturn in stakeholding this quarter, witnessing a decline of -47.46 % 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 | 25.458 | 26.171 | 2.74 | 2.81 | + 0.07 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.763 | 2.455 | 0.3 | 0.26 | -0.04 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.07 %.Observations show a significant difference of -0.04 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’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/ | 101.514 | 108.007 | 10.91 | 11.61 | + 0.7 % |
PARAG PARIKH DYNAMIC ASSET ALLOCATION FUND | 0 | 14.535 | 0 | 1.56 | +1.56% |
SBI ARBITRAGE OPPORTUNITIES FUND | 0 | 21.171 | 0 | 2.28 | +2.28% |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA EQU | 0 | 28.543 | 0 | 3.07 | +3.07% |
ICICI PRUDENTIAL LARGE & MID CAP FUND | 0 | 12.267 | 0 | 1.32 | +1.32% |
Banks | 0.012 | 0.476 | 0 | 0.05 | + 0.05 % |
Insurance Companies | 33.191 | 34.487 | 3.57 | 3.71 | + 0.14 % |
LIFE INSURANCE CORPORATION OF INDIA | 0 | 21.407 | 0 | 2.3 | +2.3% |
Provident Funds/ Pension Funds | 6.639 | 8.169 | 0.71 | 0.88 | + 0.17 % |
PARAG PARIKH FLEXI CAP FUND | 14.374 | 0 | 1.55 | 0 | -1.55% |
SBI MAGNUM EQUITY ESG FUND | 20.594 | 0 | 2.21 | 0 | -2.21% |
NIPPON LIFE INDIA TRUSTEE LTD-A/C-NIPPON INDIA NIF | 27.881 | 0 | 3 | 0 | -3% |
ICICI PRUDENTIAL SENSEX ETF | 11.262 | 0 | 1.21 | 0 | -1.21% |
LICI NEW PENSION PLUS BALANCED FUND | 21.077 | 0 | 2.27 | 0 | -2.27% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.7 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Banks, reflecting an uptick of 0.05 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.14 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.17 % in their shares.PARAG PARIKH DYNAMIC ASSET ALLOCATION FUND had no shares in the previous quarter but now holds 1.56% of shares in the current quarter.SBI ARBITRAGE OPPORTUNITIES FUND had no shares in the previous quarter but now holds 2.28% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA EQU had no shares in the previous quarter but now holds 3.07% of shares in the current quarter.ICICI PRUDENTIAL LARGE & MID CAP FUND had no shares in the previous quarter but now holds 1.32% of shares in the current quarter.LIFE INSURANCE CORPORATION OF INDIA had no shares in the previous quarter but now holds 2.3% of shares in the current quarter.PARAG PARIKH FLEXI CAP FUND had 1.55% of shares in the previous quarter but exited in the current quarter.SBI MAGNUM EQUITY ESG FUND had 2.21% of shares in the previous quarter but exited in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C-NIPPON INDIA NIF had 3% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL SENSEX ETF had 1.21% of shares in the previous quarter but exited in the current quarter.LICI NEW PENSION PLUS BALANCED FUND had 2.27% 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 | 266.770 | 256.121 | 28.68 | 27.54 | -1.14 % |
GOVERNMENT OF SINGAPORE | 26.185 | 19.258 | 2.82 | 2.07 | -0.75 % |
Foreign Portfolio Investors Category II | 10.610 | 11.049 | 1.14 | 1.19 | + 0.05 % |
Stakeholding dwindled by -1.14 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.75 % for GOVERNMENT OF SINGAPORE 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 0.05 % .
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