Shareholding Pattern: Shareholding Pattern REDTAPE Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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	9.92	9.92	71.76	71.76	0
Public	3.90	3.90	18.19	17.27	-0.92 %
DII	1.01	1.09	7.31	7.87	+0.56 %
FII	0.38	0.43	2.74	3.1	+0.36 %
Government	0	0	0	0	0

Promoters shareholding remained stable, at 71.76% 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 18.19% in December 2023 to 17.27% 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 7.31% in December 2023 to 7.87% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.56% . FIIs (Foreign Institutional Investors): There was a significant increase from 2.74% in December 2023 to 3.1% in March 2024. This suggests that foreign institutions grew their investments 0.36 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 (%)
SHUJA MIRZA	1.110	4.946	8.03	35.79	+ 27.76 %
YASMIN MIRZA	6.948	3.112	50.27	22.52	-27.75 %

SHUJA MIRZA has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 27.76 %.YASMIN MIRZA faced a downturn in stakeholding this quarter, witnessing a decline of -27.75 % 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 (%)
Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category)	0.156	0.150	1.13	1.09	-0.04 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	1.663	1.565	12.03	11.33	-0.7 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.241	0.225	1.74	1.63	-0.11 %
Non Resident Indians (NRIs)	0.102	0.101	0.74	0.73	-0.01 %
Bodies Corporate	0.251	0.247	1.82	1.78	-0.04 %
Any Other (specify)	0.052	0.050	0.38	0.36	-0.02 %
HUF	0.052	0.050	0.37	0.36	-0.01 %

Observations show a significant difference of -0.04 % in Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category)’s financial performance between quarters.Observations show a significant difference of -0.7 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.11 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.04 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % 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/	0.988	1.076	7.15	7.79	+ 0.64 %
HDFC SMALL CAP FUND	0.560	0.558	4.05	4.04	-0.01 %
ICICI PRUDENTIAL LONG TERM WEALTH ENHANCEMENT FUND	0.427	0.494	3.09	3.57	+ 0.48 %
Alternate Investment Funds	0.021	0.010	0.15	0.07	-0.08 %

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.64 % in their shares.HDFC SMALL CAP FUND decreased their stake from 4.04% in the previous quarter to 4.05% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.The latest quarter saw a considerable enhancement in stakeholding for ICICI PRUDENTIAL LONG TERM WEALTH ENHANCEMENT FUND, reflecting an uptick of 0.48 % in their shares.Alternate Investment Funds decreased their stake from 0.07% in the previous quarter to 0.15% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.

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	0.256	0.285	1.85	2.06	+ 0.21 %
Foreign Portfolio Investors Category II	0.119	0.140	0.86	1.01	+ 0.15 %
BANKS	0.004	0	0.03	0	-0.03%

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.21 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.15 % .BANKS had 0.03% of shares in the previous quarter but exited in the current quarter.