Share the post "Promax Power Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Promax Power 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 | 0.89 | 0.81 | 71.2 | 64.8 | -6.4 % |
Public | 0.36 | 0.44 | 28.8 | 35.18 | +6.38 % |
DII | 0 | 0.00 | 0 | 0.02 | +0.02 % |
FII | 0 | 0 | 0 | 0 | 0 |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 71.2% in December 2023 to 64.8% 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 28.8% in December 2023 to 35.18% 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% in to 0.02% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.02% .
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 (%) |
---|---|---|---|---|---|
INVEZY VENTURES PRIVATE | 0 | 0.070 | 0 | 5.6 | +5.6% |
JHATPAT MANAGEMENT SERVICES PRIVATE LIMITED | 0.080 | 0 | 6.4 | 0 | -6.4% |
INVEZY VENTURES PRIVATE LIMITED | 0.070 | 0 | 5.6 | 0 | -5.6% |
INVEZY VENTURES PRIVATE had no shares in the previous quarter but now holds 5.6% of shares in the current quarter.JHATPAT MANAGEMENT SERVICES PRIVATE LIMITED had 6.4% of shares in the previous quarter but exited in the current quarter.INVEZY VENTURES PRIVATE LIMITED had 5.6% 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 (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.071 | 0.079 | 5.66 | 6.34 | + 0.68 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.182 | 0.174 | 14.54 | 13.9 | -0.64 % |
PARAG SHAH | 0 | 0.030 | 0 | 2.4 | +2.4% |
HEMANTH KUMAR CHEBROLU | 0.045 | 0.046 | 3.6 | 3.66 | + 0.06 % |
Bodies Corporate | 0.103 | 0.182 | 8.22 | 14.52 | + 6.3 % |
JHATPAT MANAGEMENT SERVICES PRIVATE LIMITED |
0 | 0.080 | 0 | 6.4 | +6.4% |
Any Other (specify) | 0.003 | 0.004 | 0.26 | 0.3 | + 0.04 % |
HUF | 0.003 | 0.004 | 0.26 | 0.3 | + 0.04 % |
PARAG MAHESHKUMAR SHAH | 0.030 | 0 | 2.4 | 0 | -2.4% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.68 %.Observations show a significant difference of -0.64 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, HEMANTH KUMAR CHEBROLU has significantly boosted stakeholding by an impressive 0.06 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 6.3 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.04 %.PARAG SHAH had no shares in the previous quarter but now holds 2.4% of shares in the current quarter.JHATPAT MANAGEMENT SERVICES
PRIVATE LIMITED had no shares in the previous quarter but now holds 6.4% of shares in the current quarter.PARAG MAHESHKUMAR SHAH had 2.4% of shares in the previous quarter but exited in the current quarter.
PRIVATE LIMITED had no shares in the previous quarter but now holds 6.4% of shares in the current quarter.PARAG MAHESHKUMAR SHAH had 2.4% 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 (%) |
---|---|---|---|---|---|
Any Other(Institutions (Domestic)) | 0 | 0.000 | 0 | 0.02 | +0.02% |
Market Maker | 0 | 0.000 | 0 | 0.02 | +0.02% |
Any Other(Institutions (Domestic)) had no shares in the previous quarter but now holds 0.02% of shares in the current quarter.Market Maker had no shares in the previous quarter but now holds 0.02% of shares in the current quarter.