Share the post "Shareholding Pattern: Shareholding Pattern RateGain Travel Technologies Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
RateGain Travel Technologies 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 | 6.04 | 6.04 | 51.27 | 51.25 | -0.02 % |
| Public | 5.74 | 5.74 | 21.25 | 20.88 | -0.37 % |
| DII | 2.21 | 2.04 | 18.78 | 17.32 | -1.46 % |
| FII | 1.02 | 1.24 | 8.67 | 10.49 | +1.82 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 51.27% in December 2023 to 51.25% 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 decreased from 21.25% in December 2023 to 20.88% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 18.78% in December 2023 to 17.32% in March 2024 , indicating that domestic institutions reduced their -1.46 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 8.67% in December 2023 to 10.49% in March 2024. This suggests that foreign institutions grew their investments 1.82 in the company during the quarter.
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 (%) |
|---|---|---|---|---|---|
| BHANU CHOPRA | 4.448 | 4.448 | 37.76 | 37.75 | -0.01 % |
BHANU CHOPRA faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % 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 (%) |
|---|---|---|---|---|---|
| Key Managerial Personnel | 0.014 | 0.012 | 0.12 | 0.1 | -0.02 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.092 | 1.109 | 9.27 | 9.41 | + 0.14 % |
| Non Resident Indians (NRIs) | 0.145 | 0.136 | 1.23 | 1.15 | -0.08 % |
| Bodies Corporate | 0.970 | 0.945 | 8.23 | 8.02 | -0.21 % |
| PLUTUS WEALTH MANAGEMENT LLP | 0.750 | 0.750 | 6.37 | 6.36 | -0.01 % |
| Any Other (specify) | 0.042 | 0.044 | 0.36 | 0.37 | + 0.01 % |
| Trusts | 0.010 | 0.011 | 0.08 | 0.09 | + 0.01 % |
| HUF | 0.032 | 0.033 | 0.27 | 0.28 | + 0.01 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.026 | 0 | 0.22 | 0 | -0.22% |
Observations show a significant difference of -0.02 % in Key Managerial Personnel’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.14 %.Observations show a significant difference of -0.08 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.21 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.01 % in PLUTUS WEALTH MANAGEMENT LLP’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.01 %.Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs had 0.22% 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/ | 1.772 | 1.699 | 15.04 | 14.41 | -0.63 % |
| SUNDARAM MUTUAL FUND A/C SUNDARAM SERVICES FUND | 0.143 | 0.139 | 1.22 | 1.18 | -0.04 % |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA FLE | 0 | 0.824 | 0 | 6.99 | +6.99% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 0.360 | 0.304 | 3.05 | 2.58 | -0.47 % |
| ICICI PRUDENTIAL INNOVATION FUND | 0.207 | 0.182 | 1.76 | 1.54 | -0.22 % |
| Alternate Investment Funds | 0.159 | 0.135 | 1.35 | 1.15 | -0.2 % |
| Insurance Companies | 0.281 | 0.206 | 2.38 | 1.75 | -0.63 % |
| KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. | 0.138 | 0.125 | 1.17 | 1.06 | -0.11 % |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA | 0.824 | 0 | 6.99 | 0 | -6.99% |
Mutual Funds/ decreased their stake from 14.41% in the previous quarter to 15.04% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.63 %.SUNDARAM MUTUAL FUND A/C SUNDARAM SERVICES FUND decreased their stake from 1.18% in the previous quarter to 1.22% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C decreased their stake from 2.58% in the previous quarter to 3.05% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.47 %.ICICI PRUDENTIAL INNOVATION FUND decreased their stake from 1.54% in the previous quarter to 1.76% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.Alternate Investment Funds decreased their stake from 1.15% in the previous quarter to 1.35% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.2 %.Insurance Companies decreased their stake from 1.75% in the previous quarter to 2.38% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.63 %.KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. decreased their stake from 1.06% in the previous quarter to 1.17% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA FLE had no shares in the previous quarter but now holds 6.99% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA had 6.99% 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 | 0.978 | 1.151 | 8.3 | 9.77 | + 1.47 % |
| GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P | 0.250 | 0.260 | 2.12 | 2.21 | + 0.09 % |
| PINEBRIDGE GLOBAL FUNDS – PINEBRIDGE INDIA EQUITY | 0.121 | 0.121 | 1.03 | 1.02 | -0.01 % |
| Foreign Portfolio Investors Category II | 0.043 | 0.085 | 0.37 | 0.72 | + 0.35 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.47 % .During this past quarter, there was a noteworthy upswing in stakeholding for GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P, which experienced a significant increase of 0.09 % .Stakeholding dwindled by -0.01 % for PINEBRIDGE GLOBAL FUNDS – PINEBRIDGE INDIA EQUITY 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 0.35 % .
[my_shortcode1 values=”RateGain Travel Technologies Limited “]
