Share the post "Redington Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Redington 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 | 0.00 | 0.00 | 0 | 0 | 0 |
| Public | 78.17 | 78.18 | 25.06 | 23.3 | -1.76 % |
| DII | 14.01 | 14.52 | 17.92 | 18.57 | +0.65 % |
| FII | 44.55 | 45.42 | 56.99 | 58.1 | +1.11 % |
| Government | 0.02 | 0.03 | 0.03 | 0.03 | 0 |
Promoters shareholding remained stable, at 0% 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 decreased from 25.06% in December 2023 to 23.3% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 17.92% in December 2023 to 18.57% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.65% . FIIs (Foreign Institutional Investors): There was a significant increase from 56.99% in December 2023 to 58.1% in March 2024. This suggests that foreign institutions grew their investments 1.11 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0.03%.This indicates that the government’s stake in the company remained consistent during this period.
Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.
“Chandra ShekharNopany as a Trusteeof Shekhar FamilyTrust had no shares in the previous quarter but now holds 0.06% of shares in the current quarter.Yashovardhan Investment &Trading Co. Ltd. had no shares in the previous quarter but now holds 9.08% of shares in the current quarter.Chandra Shekhar Nopany as a Trustee of Shekhar Family Trust had 0.06% of shares in the previous quarter but exited in the current quarter.Yashovardhan Investment & Trading Co. Ltd. had 9.08% 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 (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0.017 | 0.020 | 0.02 | 0.03 | + 0.01 % |
| Key Managerial Personnel | 0.006 | 0.004 | 0.01 | 0 | -0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 9.570 | 9.124 | 12.24 | 11.67 | -0.57 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 3.912 | 3.725 | 5 | 4.76 | -0.24 % |
| Non Resident Indians (NRIs) | 1.015 | 1.047 | 1.3 | 1.34 | + 0.04 % |
| Bodies Corporate | 4.247 | 3.512 | 5.43 | 4.49 | -0.94 % |
| Any Other (specify) | 0.807 | 0.765 | 1.03 | 0.98 | -0.05 % |
| Employees | 0.093 | 0.088 | 0.12 | 0.11 | -0.01 % |
| HUF | 0.703 | 0.666 | 0.9 | 0.85 | -0.05 % |
Leading the way to higher stakeholding, Directors and their relatives (excluding independent directors and nominee directors) has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.01 % in Key Managerial Personnel’s financial performance between quarters.Observations show a significant difference of -0.57 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.24 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.04 %.Observations show a significant difference of -0.94 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.05 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Employees’s financial performance between quarters.Observations show a significant difference of -0.05 % in HUF’s financial performance between quarters.
| 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/ | 9.300 | 9.446 | 11.9 | 12.08 | + 0.18 % |
| HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND | 0 | 7.175 | 0 | 9.18 | +9.18% |
| TATA MUTUAL FUND -TATA SMALL CAP FUND | 0 | 1.988 | 0 | 2.54 | +2.54% |
| Alternate Investment Funds | 1.547 | 1.745 | 1.98 | 2.23 | + 0.25 % |
| BLEND FUND 2 | 0 | 0.837 | 0 | 1.07 | +1.07% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 0 | 2.883 | 0 | 3.69 | +3.69% |
| Other Financial Institutions | 0.276 | 0.447 | 0.35 | 0.57 | + 0.22 % |
| TATA MUTUAL FUND – TATA SMALL CAP FUND |
1.996 | 0 | 2.55 | 0 | -2.55% |
| HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND |
7.151 | 0 | 9.15 | 0 | -9.15% |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED |
2.882 | 0 | 3.69 | 0 | -3.69% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.18 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.25 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Other Financial Institutions, reflecting an uptick of 0.22 % in their shares.HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND had no shares in the previous quarter but now holds 9.18% of shares in the current quarter.TATA MUTUAL FUND -TATA SMALL CAP FUND had no shares in the previous quarter but now holds 2.54% of shares in the current quarter.BLEND FUND 2 had no shares in the previous quarter but now holds 1.07% of shares in the current quarter.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED had no shares in the previous quarter but now holds 3.69% of shares in the current quarter.TATA MUTUAL FUND – TATA SMALL
CAP FUND had 2.55% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND – HDFC
MID-CAP OPPORTUNITIES FUND had 9.15% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL LIFE
INSURANCE COMPANY LIMITED had 3.69% of shares in the previous quarter but exited in the current quarter.
CAP FUND had 2.55% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND – HDFC
MID-CAP OPPORTUNITIES FUND had 9.15% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL LIFE
INSURANCE COMPANY LIMITED had 3.69% 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 Direct Investment | 18.859 | 18.859 | 24.13 | 24.12 | -0.01 % |
| SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION |
18.859 | 18.859 | 24.13 | 24.12 | -0.01 % |
| Foreign Portfolio Investors Category I | 24.110 | 24.648 | 30.84 | 31.53 | + 0.69 % |
| FIDELITY PURITAN TRUST-FIDELITY LOW-PRICED STOCK FUND | 0 | 2.926 | 0 | 3.74 | +3.74% |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | 0 | 1.350 | 0 | 1.73 | +1.73% |
| RBC EMERGING MARKETS DIVIDEND FUND | 0 | 0.877 | 0 | 1.12 | +1.12% |
| VANFUARD TOTAL INTERNATIONAL STOCK INDEX FUND | 0 | 0.820 | 0 | 1.05 | +1.05% |
| Foreign Portfolio Investors Category II | 1.566 | 1.891 | 2 | 2.42 | + 0.42 % |
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND |
0.809 | 0 | 1.03 | 0 | -1.03% |
| RBC EMERGING MARKETS DIVIDEND FUND |
0.828 | 0 | 1.06 | 0 | -1.06% |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY |
1.350 | 0 | 1.73 | 0 | -1.73% |
| FIDELITY PURITAN TRUST-FIDELITY LOW-PRICED STOCK FUND |
2.926 | 0 | 3.74 | 0 | -3.74% |
Stakeholding dwindled by -0.01 % for Foreign Direct Investment in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for SYNNEX TECHNOLOGY
INTERNATIONAL CORPORATION in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.69 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.42 % .FIDELITY PURITAN TRUST-FIDELITY LOW-PRICED STOCK FUND had no shares in the previous fiii quarter but now holds 3.74% of shares in the current quarter.MASSACHUSETTS INSTITUTE OF TECHNOLOGY had no shares in the previous fiii quarter but now holds 1.73% of shares in the current quarter.RBC EMERGING MARKETS DIVIDEND FUND had no shares in the previous fiii quarter but now holds 1.12% of shares in the current quarter.VANFUARD TOTAL INTERNATIONAL STOCK INDEX FUND had no shares in the previous fiii quarter but now holds 1.05% of shares in the current quarter.VANGUARD TOTAL INTERNATIONAL
STOCK INDEX FUND had 1.03% of shares in the previous quarter but exited in the current quarter.RBC EMERGING MARKETS DIVIDEND
FUND had 1.06% of shares in the previous quarter but exited in the current quarter.MASSACHUSETTS INSTITUTE OF
TECHNOLOGY had 1.73% of shares in the previous quarter but exited in the current quarter.FIDELITY PURITAN
TRUST-FIDELITY LOW-PRICED
STOCK FUND had 3.74% of shares in the previous quarter but exited in the current quarter.
INTERNATIONAL CORPORATION in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.69 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.42 % .FIDELITY PURITAN TRUST-FIDELITY LOW-PRICED STOCK FUND had no shares in the previous fiii quarter but now holds 3.74% of shares in the current quarter.MASSACHUSETTS INSTITUTE OF TECHNOLOGY had no shares in the previous fiii quarter but now holds 1.73% of shares in the current quarter.RBC EMERGING MARKETS DIVIDEND FUND had no shares in the previous fiii quarter but now holds 1.12% of shares in the current quarter.VANFUARD TOTAL INTERNATIONAL STOCK INDEX FUND had no shares in the previous fiii quarter but now holds 1.05% of shares in the current quarter.VANGUARD TOTAL INTERNATIONAL
STOCK INDEX FUND had 1.03% of shares in the previous quarter but exited in the current quarter.RBC EMERGING MARKETS DIVIDEND
FUND had 1.06% of shares in the previous quarter but exited in the current quarter.MASSACHUSETTS INSTITUTE OF
TECHNOLOGY had 1.73% of shares in the previous quarter but exited in the current quarter.FIDELITY PURITAN
TRUST-FIDELITY LOW-PRICED
STOCK FUND had 3.74% of shares in the previous quarter but exited in the current quarter.
