Spandana Sphoorty Financial 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 | 4.26 | 4.26 | 59.89 | 59.75 | -0.14 % |
| Public | 2.85 | 2.87 | 7.62 | 7.92 | +0.3 % |
| DII | 0.96 | 0.75 | 13.44 | 10.54 | -2.9 % |
| FII | 1.36 | 1.55 | 19.05 | 21.79 | +2.74 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 59.89% in December 2023 to 59.75% 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 increased from 7.62% in December 2023 to 7.92% 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 13.44% in December 2023 to 10.54% in March 2024 , indicating that domestic institutions reduced their -2.9 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 19.05% in December 2023 to 21.79% in March 2024. This suggests that foreign institutions grew their investments 2.74 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 (%) |
|---|---|---|---|---|---|
| PADMAJA GANGIREDDY | 0 | 0.817 | 0 | 11.46 | +11.46% |
| KEDAARA CAPITAL FUND III LLP | 0.501 | 0.501 | 7.04 | 7.03 | -0.01 % |
| KANGCHENJUNGA LIMITED | 2.930 | 2.930 | 41.17 | 41.1 | -0.07 % |
| PADMAJA GANGIREDDY | 0.820 | 0 | 11.53 | 0 | -11.53% |
KEDAARA CAPITAL FUND III LLP faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.KANGCHENJUNGA LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.07 % in stakeholding compared to the previous quarter.PADMAJA GANGIREDDY had no shares in the previous quarter but now holds 11.46% of shares in the current quarter.PADMAJA GANGIREDDY had 11.53% 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 (%) |
|---|---|---|---|---|---|
| Key Managerial Personnel | 0.000 | 0.001 | 0 | 0.02 | + 0.02 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.310 | 0.371 | 4.35 | 5.2 | + 0.85 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.089 | 0.069 | 1.25 | 0.97 | -0.28 % |
| Non Resident Indians (NRIs) | 0.042 | 0.036 | 0.59 | 0.5 | -0.09 % |
| Bodies Corporate | 0.083 | 0.072 | 1.17 | 1.01 | -0.16 % |
| Any Other (specify) | 0.018 | 0.016 | 0.26 | 0.22 | -0.04 % |
| HUF | 0.018 | 0.016 | 0.25 | 0.22 | -0.03 % |
Leading the way to higher stakeholding, Key Managerial Personnel has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.85 %.Observations show a significant difference of -0.28 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.09 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.16 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.04 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.03 % 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/ | 0.254 | 0.161 | 3.57 | 2.25 | -1.32 % |
| EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- | 0.077 | 0.072 | 1.08 | 1.01 | -0.07 % |
| Alternate Investment Funds | 0.183 | 0.181 | 2.58 | 2.53 | -0.05 % |
| Insurance Companies | 0.491 | 0.405 | 6.9 | 5.68 | -1.22 % |
| MAX LIFE INSURANCE COMPANY LIMITED A/C – ULIF00525 | 0 | 0.133 | 0 | 1.87 | +1.87% |
| KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. | 0.111 | 0.090 | 1.56 | 1.26 | -0.3 % |
| ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 0.186 | 0.174 | 2.61 | 2.44 | -0.17 % |
| UNION FLEXI CAP FUND | 0.112 | 0 | 1.57 | 0 | -1.57% |
| JM FINANCIAL INDIA TRUST II-JM FINANCIAL INDIA FUN | 0.071 | 0 | 1 | 0 | -1% |
| Banks | 0.023 | 0 | 0.33 | 0 | -0.33% |
| MAX LIFE INSURANCE CO LTD A/C SUSTAINABLE EQUITY F | 0.181 | 0 | 2.55 | 0 | -2.55% |
Mutual Funds/ decreased their stake from 2.25% in the previous quarter to 3.57% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.32 %.EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- decreased their stake from 1.01% in the previous quarter to 1.08% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.07 %.Alternate Investment Funds decreased their stake from 2.53% in the previous quarter to 2.58% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.Insurance Companies decreased their stake from 5.68% in the previous quarter to 6.9% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.22 %.KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. decreased their stake from 1.26% in the previous quarter to 1.56% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.3 %.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED decreased their stake from 2.44% in the previous quarter to 2.61% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.17 %.MAX LIFE INSURANCE COMPANY LIMITED A/C – ULIF00525 had no shares in the previous quarter but now holds 1.87% of shares in the current quarter.UNION FLEXI CAP FUND had 1.57% of shares in the previous quarter but exited in the current quarter.JM FINANCIAL INDIA TRUST II-JM FINANCIAL INDIA FUN had 1% of shares in the previous quarter but exited in the current quarter.Banks had 0.33% of shares in the previous quarter but exited in the current quarter.MAX LIFE INSURANCE CO LTD A/C SUSTAINABLE EQUITY F had 2.55% 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 | 0.224 | 0.224 | 3.15 | 3.14 | -0.01 % |
| VALIANT MAURITIUS PARTNERS FDI LIMITED | 0.224 | 0.224 | 3.15 | 3.14 | -0.01 % |
| Foreign Portfolio Investors Category I | 1.018 | 0.896 | 14.3 | 12.57 | -1.73 % |
| ACM GLOBAL FUND VCC | 0.120 | 0.113 | 1.69 | 1.59 | -0.1 % |
| GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P | 0.190 | 0.145 | 2.67 | 2.04 | -0.63 % |
| Foreign Portfolio Investors Category II | 0.114 | 0.434 | 1.6 | 6.08 | + 4.48 % |
| SG INDIA ALPHA HOLDINGS LLC | 0 | 0.254 | 0 | 3.57 | +3.57% |
Stakeholding dwindled by -0.01 % for Foreign Direct Investment in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for VALIANT MAURITIUS PARTNERS FDI LIMITED in comparison to the preceding quarter.Stakeholding dwindled by -1.73 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.1 % for ACM GLOBAL FUND VCC in comparison to the preceding quarter.Stakeholding dwindled by -0.63 % for GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P 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 4.48 % .SG INDIA ALPHA HOLDINGS LLC had no shares in the previous fiii quarter but now holds 3.57% of shares in the current quarter.
