Share the post "Shareholding Pattern: Shareholding Pattern Redington FY(Q1-Jun 2024-2025)"
Redington has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).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 | 78.18 | 78.18 | 23.3 | 23.99 | +0.69 % |
| DII | 14.52 | 14.18 | 18.57 | 18.14 | -0.43 % |
| FII | 45.42 | 45.24 | 58.1 | 57.87 | -0.23 % |
| Government | 0.03 | 0.00 | 0.03 | 0 | -0.03 % |
Promoters shareholding remained stable, at 0% in both March 2024 and June 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 23.3% in March 2024 to 23.99% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 18.57% in March 2024 to 18.14% in June 2024 , indicating that domestic institutions reduced their -0.43 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 58.1% in March 2024 to 57.87% in June 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .During quater from March 2024 to June 2024, Government’s ownership witnessed a decline, dropping to 0%, indicating a decrease in the government’s stake in the company over this period.
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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 9.124 | 9.545 | 11.67 | 12.21 | + 0.54 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 3.725 | 3.776 | 4.76 | 4.83 | + 0.07 % |
| Foreign Nationals | 0.015 | 0.009 | 0.02 | 0.01 | -0.01 % |
| Bodies Corporate | 3.512 | 3.604 | 4.49 | 4.61 | + 0.12 % |
| Any Other (specify) | 0.765 | 0.751 | 0.98 | 0.96 | -0.02 % |
| Trusts | 0.008 | 0.037 | 0.01 | 0.05 | + 0.04 % |
| HUF | 0.666 | 0.657 | 0.85 | 0.84 | -0.01 % |
| Employees | 0.088 | 0.056 | 0.11 | 0.07 | -0.04 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.54 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.07 %.Observations show a significant difference of -0.01 % in Foreign Nationals’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.12 %.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.04 %.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.04 % in Employees’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/ | 9.446 | 9.348 | 12.08 | 11.96 | -0.12 % |
| TATA MUTUAL FUND – TATA SMALL CAP FUND | 0 | 1.886 | 0 | 2.41 | +2.41% |
| HDFC MUTUAL FUND-HDFC MID-CAP OPPURTUNITIES FUND | 0 | 7.127 | 0 | 9.12 | +9.12% |
| Alternate Investment Funds | 1.745 | 1.847 | 2.23 | 2.36 | + 0.13 % |
| BLEND FUND 2 | 0.837 | 0.885 | 1.07 | 1.13 | + 0.06 % |
| Insurance Companies | 2.883 | 2.842 | 3.69 | 3.63 | -0.06 % |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 2.883 | 2.842 | 3.69 | 3.63 | -0.06 % |
| Other Financial Institutions | 0.447 | 0.147 | 0.57 | 0.19 | -0.38 % |
| HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND | 7.175 | 0 | 9.18 | 0 | -9.18% |
| TATA MUTUAL FUND -TATA SMALL CAP FUND | 1.988 | 0 | 2.54 | 0 | -2.54% |
Mutual Funds/ decreased their stake from 11.96% in the previous quarter to 12.08% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.12 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.13 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for BLEND FUND 2, reflecting an uptick of 0.06 % in their shares.Insurance Companies decreased their stake from 3.63% in the previous quarter to 3.69% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED decreased their stake from 3.63% in the previous quarter to 3.69% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.Other Financial Institutions decreased their stake from 0.19% in the previous quarter to 0.57% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.38 %.TATA MUTUAL FUND – TATA SMALL CAP FUND had no shares in the previous quarter but now holds 2.41% of shares in the current quarter.HDFC MUTUAL FUND-HDFC MID-CAP OPPURTUNITIES FUND had no shares in the previous quarter but now holds 9.12% of shares in the current quarter.HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND had 9.18% of shares in the previous quarter but exited in the current quarter.TATA MUTUAL FUND -TATA SMALL CAP FUND had 2.54% 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 (%) |
|---|---|---|---|---|---|
| SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION | 0 | 18.859 | 0 | 24.12 | +24.12% |
| Foreign Portfolio Investors Category I | 24.648 | 24.429 | 31.53 | 31.25 | -0.28 % |
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | 0 | 0.820 | 0 | 1.05 | +1.05% |
| GOVERNMENT PENSION FUND GLOBAL | 0 | 0.835 | 0 | 1.07 | +1.07% |
| RBC EMERGING MARKETS DIVIDEND FUND | 0.877 | 0.871 | 1.12 | 1.11 | -0.01 % |
| FIDELITY PURITAN TRUST- FIDELITY LOW-PRICED STOCK FUND | 0 | 2.926 | 0 | 3.74 | +3.74% |
| Foreign Portfolio Investors Category II | 1.891 | 1.919 | 2.42 | 2.46 | + 0.04 % |
| Any Other(Institutions (Foreign)) | 0.019 | 0.030 | 0.02 | 0.04 | + 0.02 % |
| SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION |
18.859 | 0 | 24.12 | 0 | -24.12% |
| FIDELITY PURITAN TRUST-FIDELITY LOW-PRICED STOCK FUND | 2.926 | 0 | 3.74 | 0 | -3.74% |
| VANFUARD TOTAL INTERNATIONAL STOCK INDEX FUND | 0.820 | 0 | 1.05 | 0 | -1.05% |
Stakeholding dwindled by -0.28 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for RBC EMERGING MARKETS DIVIDEND FUND 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 0.04 % .During this past quarter, there was a noteworthy upswing in stakeholding for Any Other(Institutions (Foreign)), which experienced a significant increase of 0.02 % .SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION had no shares in the previous fiii quarter but now holds 24.12% of shares in the current quarter.VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND had no shares in the previous fiii quarter but now holds 1.05% of shares in the current quarter.GOVERNMENT PENSION FUND GLOBAL had no shares in the previous fiii quarter but now holds 1.07% of shares in the current quarter.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.SYNNEX TECHNOLOGY
INTERNATIONAL CORPORATION had 24.12% 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.VANFUARD TOTAL INTERNATIONAL STOCK INDEX FUND had 1.05% of shares in the previous quarter but exited in the current quarter.
INTERNATIONAL CORPORATION had 24.12% 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.VANFUARD TOTAL INTERNATIONAL STOCK INDEX FUND had 1.05% 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 (%) |
|---|---|---|---|---|---|
| Central Government / President of India | 0.027 | 0.000 | 0.03 | 0 | -0.03 % |
Central Government / President of India demonstrates diminished shareholding this quarter, declining from 0.03% to 0%.
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