Share the post "Shareholding Pattern: Shareholding Pattern Saregama India Ltd. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Saregama India Ltd. 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 | 11.39 | 11.39 | 59.09 | 59.09 | 0 |
Public | 7.84 | 7.84 | 21.22 | 22.01 | +0.79 % |
DII | 0.51 | 0.50 | 2.62 | 2.59 | -0.03 % |
FII | 3.24 | 3.10 | 16.81 | 16.05 | -0.76 % |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 59.09% 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 increased from 21.22% in December 2023 to 22.01% in March 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 2.62% in December 2023 to 2.59% in March 2024 , indicating that domestic institutions reduced their -0.03 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 16.81% in December 2023 to 16.05% in March 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 December 2023 to March 2024, Goverenment ownership remained steady at 0%.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.
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) | 0.211 | 0.190 | 1.09 | 0.98 | -0.11 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 2.319 | 2.237 | 12.03 | 11.6 | -0.43 % |
Non Resident Indians (NRIs) | 0.242 | 0.247 | 1.25 | 1.28 | + 0.03 % |
Bodies Corporate | 0.089 | 0.928 | 0.46 | 4.81 | + 4.35 % |
Any Other (specify) | 0.173 | 0.164 | 0.9 | 0.85 | -0.05 % |
Bodies Corporate | 0.089 | 0.081 | 0.46 | 0.42 | -0.04 % |
VIKRAM MEHRA | 0.211 | 0 | 1.09 | 0 | -1.09% |
Observations show a significant difference of -0.11 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.43 % in Resident Individuals holding nominal share capital up to 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 0.03 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 4.35 %.Observations show a significant difference of -0.05 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.04 % in Bodies Corporate’s financial performance between quarters.VIKRAM MEHRA had 1.09% 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/ | 0.171 | 0.151 | 0.89 | 0.78 | -0.11 % |
Alternate Investment Funds | 0.321 | 0.303 | 1.66 | 1.57 | -0.09 % |
Insurance Companies | 0.013 | 0.044 | 0.07 | 0.23 | + 0.16 % |
Mutual Funds/ decreased their stake from 0.78% in the previous quarter to 0.89% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.Alternate Investment Funds decreased their stake from 1.57% in the previous quarter to 1.66% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.09 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.16 % in their shares.
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 | 3.157 | 2.998 | 16.38 | 15.55 | -0.83 % |
Abu Dhabi Investment Authority – Way | 0.305 | 0.293 | 1.58 | 1.52 | -0.06 % |
Ashoka Whiteoak Icav – Ashoka Whiteoak India Opportunities Fund | 0.355 | 0.347 | 1.84 | 1.8 | -0.04 % |
Foreign Portfolio Investors Category II | 0.084 | 0.097 | 0.43 | 0.5 | + 0.07 % |
Stakeholding dwindled by -0.83 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.06 % for Abu Dhabi Investment Authority – Way in comparison to the preceding quarter.Stakeholding dwindled by -0.04 % for Ashoka Whiteoak Icav – Ashoka Whiteoak India Opportunities 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 0.07 % .
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