Share the post "Shareholding Pattern: Shareholding Pattern Promax Power Limited 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.
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.
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