Shareholding Pattern: Shareholding Pattern Prince Pipes and Fittings Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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	6.74	6.74	60.94	60.94	0
Public	4.32	4.32	14.92	15.38	+0.46 %
DII	2.03	2.05	18.4	18.53	+0.13 %
FII	0.63	0.57	5.74	5.15	-0.59 %
Government	0	0	0	0	0

Promoters shareholding remained stable, at 60.94% 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 14.92% in December 2023 to 15.38% 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 18.4% in December 2023 to 18.53% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.13% . FIIs (Foreign Institutional Investors) shareholding decreased from 5.74% in December 2023 to 5.15% 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 .

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 (%)
Jayant Shamji Chheda	0.120	0.665	1.09	6.02	+ 4.93 %
Jayant Shamji Chheda (Trustee of VS Family Trust)	0	0.120	0	1.09	+1.09%

Jayant Shamji Chheda has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 4.93 %.Jayant Shamji Chheda (Trustee of VS Family Trust) had no shares in the previous quarter but now holds 1.09% 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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	1.075	1.154	9.72	10.43	+ 0.71 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.417	0.395	3.77	3.57	-0.2 %
Bodies Corporate	0.038	0.026	0.34	0.23	-0.11 %
Any Other (specify)	0.065	0.071	0.59	0.65	+ 0.06 %
Clearing Members	0.000	0.003	0	0.02	+ 0.02 %
HUF	0.031	0.034	0.28	0.3	+ 0.02 %
Bodies Corporate	0.038	0.035	0.34	0.32	-0.02 %
LLP	0.034	0	0.31	0	-0.31%

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.71 %.Observations show a significant difference of -0.2 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.11 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.06 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.02 % in Bodies Corporate’s financial performance between quarters.LLP had 0.31% 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/	1.750	1.724	15.83	15.6	-0.23 %
Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Small Cap Fund	0.178	0.168	1.61	1.52	-0.09 %
DSP Small Cap Fund	0	0.440	0	3.98	+3.98%
Mirae Asset Large & Midcap Fund	1.100	1.102	9.95	9.97	+ 0.02 %
Alternate Investment Funds	0.265	0.263	2.4	2.38	-0.02 %
Oman India Joint Investment Fund II	0	0.169	0	1.53	+1.53%
Insurance Companies	0.020	0.061	0.18	0.55	+ 0.37 %
Dsp Small Cap Fund	0.368	0	3.33	0	-3.33%
Oman India Joint Investment Fund Ii	0.169	0	1.53	0	-1.53%

Mutual Funds/ decreased their stake from 15.6% in the previous quarter to 15.83% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.23 %.Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Small Cap Fund decreased their stake from 1.52% in the previous quarter to 1.61% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.09 %.The latest quarter saw a considerable enhancement in stakeholding for Mirae Asset Large & Midcap Fund, reflecting an uptick of 0.02 % in their shares.Alternate Investment Funds decreased their stake from 2.38% in the previous quarter to 2.4% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.37 % in their shares.DSP Small Cap Fund had no shares in the previous quarter but now holds 3.98% of shares in the current quarter.Oman India Joint Investment Fund II had no shares in the previous quarter but now holds 1.53% of shares in the current quarter.Dsp Small Cap Fund had 3.33% of shares in the previous quarter but exited in the current quarter.Oman India Joint Investment Fund Ii had 1.53% 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	0.614	0.551	5.56	4.98	-0.58 %
Foreign Portfolio Investors Category II	0.020	0.019	0.18	0.17	-0.01 %

Stakeholding dwindled by -0.58 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.