PRAVEG LIMITED has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
| 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 | 1.25 | 1.18 | 54.53 | 48.18 | -6.35 % |
| Public | 1.04 | 1.27 | 39.56 | 41.88 | +2.32 % |
| DII | 0.00 | 0.08 | 0.03 | 3.42 | +3.39 % |
| FII | 0.13 | 0.16 | 5.88 | 6.52 | +0.64 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 54.53% in December 2023 to 48.18% 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 39.56% in December 2023 to 41.88% 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 0.03% in December 2023 to 3.42% in March 2024 , indicating that domestic institutions increased their stake in the company by 3.39% . FIIs (Foreign Institutional Investors): There was a significant increase from 5.88% in December 2023 to 6.52% in March 2024. This suggests that foreign institutions grew their investments 0.64 in the company during the quarter. 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 delve deeper 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 (%) |
|---|---|---|---|---|---|
| Vishnubhai Vitthalbhai Patel HUF | 0.002 | 0.003 | 0.09 | 0.1 | + 0.01 % |
| Patel Ashaben Vishnukumar | 0.431 | 0.366 | 18.85 | 14.9 | -3.95 % |
| Harsh Vishnubhai Patel | 0.083 | 0.083 | 3.62 | 3.37 | -0.25 % |
| Paraskumar Maneklal Patel | 0.070 | 0.070 | 3.06 | 2.85 | -0.21 % |
| Vishnukumar Vitthaldas Patel | 0.550 | 0.551 | 24.07 | 22.44 | -1.63 % |
| Kamlaben Vitthalbhai Patel | 0.060 | 0.060 | 2.63 | 2.45 | -0.18 % |
| Vitthalbhai Dwarkadas Patel | 0.050 | 0.050 | 2.19 | 2.05 | -0.14 % |
Vishnubhai Vitthalbhai Patel HUF has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.01 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.Patel Ashaben Vishnukumar faced a downturn in profitability this quarter, witnessing a decline of -3.95 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Harsh Vishnubhai Patel faced a downturn in profitability this quarter, witnessing a decline of -0.25 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Paraskumar Maneklal Patel faced a downturn in profitability this quarter, witnessing a decline of -0.21 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Vishnukumar Vitthaldas Patel faced a downturn in profitability this quarter, witnessing a decline of -1.63 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Kamlaben Vitthalbhai Patel faced a downturn in profitability this quarter, witnessing a decline of -0.18 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Vitthalbhai Dwarkadas Patel faced a downturn in profitability this quarter, witnessing a decline of -0.14 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0.000 | 0.001 | 0.01 | 0.04 | + 0.03 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.455 | 0.561 | 19.91 | 22.86 | + 2.95 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.217 | 0.274 | 9.5 | 11.16 | + 1.66 % |
| HITESHKUMAR RASIKLAL SHAH | 0.027 | 0.027 | 1.19 | 1.11 | -0.08 % |
| Non Resident Indians (NRIs) | 0.069 | 0.056 | 3.02 | 2.29 | -0.73 % |
| Bodies Corporate | 0.098 | 0.074 | 4.29 | 3.02 | -1.27 % |
| Any Other (specify) | 0.065 | 0.061 | 2.84 | 2.51 | -0.33 % |
| LLP | 0.020 | 0.016 | 0.86 | 0.65 | -0.21 % |
| HUF | 0.042 | 0.043 | 1.84 | 1.74 | -0.1 % |
| Trusts | 0.003 | 0.003 | 0.14 | 0.11 | -0.03 % |
Spearheading a savvy charge towards increased profitability, Directors and their relatives (excluding independent directors and nominee directors) lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 2.95 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 1.66 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.08 % variance in HITESHKUMAR RASIKLAL SHAH’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.73 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -1.27 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.33 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.21 % variance in LLP’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.1 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.03 % variance in Trusts’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
| 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 | 0.053 | 0 | 2.16 | +2.16% |
| Tata Mutual Fund | 0 | 0.053 | 0 | 2.16 | +2.16% |
| Insurance Companies | 0 | 0.030 | 0 | 1.22 | +1.22% |
| Kotak Mahindra Life Insurance Company Limited | 0 | 0.030 | 0 | 1.22 | +1.22% |
Mutual Funds/ had no shares in the previous quarter but now holds 2.16% of shares in the current quarter.Tata Mutual Fund had no shares in the previous quarter but now holds 2.16% of shares in the current quarter.Insurance Companies had no shares in the previous quarter but now holds 1.22% of shares in the current quarter.Kotak Mahindra Life Insurance Company Limited had no shares in the previous quarter but now holds 1.22% 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 | 0.131 | 0.158 | 5.76 | 6.43 | + 0.67 % |
| IEGFL – MULTI OPPORTUNITY | 0 | 0.027 | 0 | 1.09 | +1.09% |
| SAGEONE – FLAGSHIP GROWTH 2 FUND | 0.040 | 0.034 | 1.75 | 1.4 | -0.35 % |
| GOLDMAN SACHS FUNDS – GOLDMAN SACHS | 0 | 0.053 | 0 | 2.18 | +2.18% |
| Foreign Portfolio Investors Category II | 0.003 | 0.002 | 0.12 | 0.09 | -0.03 % |
| INDIA EMERGING GIANTS FUND LIMITED | 0.027 | 0 | 1.18 | 0 | -1.18% |
| SOCIETE GENERALE – ODI | 0.024 | 0 | 1.03 | 0 | -1.03% |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.67 % in net profit.Profitability dwindled by -0.35 % for SAGEONE – FLAGSHIP GROWTH 2 FUND in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.03 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.IEGFL – MULTI OPPORTUNITY had no shares in the previous fiii quarter but now holds 1.09% of shares in the current quarter.GOLDMAN SACHS FUNDS – GOLDMAN SACHS had no shares in the previous fiii quarter but now holds 2.18% of shares in the current quarter.INDIA EMERGING GIANTS FUND LIMITED had 1.18% of shares in the previous quarter but exited in the current quarter.SOCIETE GENERALE – ODI had 1.03% of shares in the previous quarter but exited in the current quarter.
