Sundram Fasteners Ltd., has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
| 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 | 10.19 | 10.19 | 48.51 | 48.51 | 0 |
| Public | 10.82 | 10.82 | 20.5 | 20.25 | -0.25 % |
| DII | 3.88 | 3.92 | 18.48 | 18.65 | +0.17 % |
| FII | 2.63 | 2.65 | 12.51 | 12.59 | +0.08 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 48.51% 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 20.5% in December 2023 to 20.25% 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 18.48% in December 2023 to 18.65% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.17% . FIIs (Foreign Institutional Investors): There was a significant increase from 12.51% in December 2023 to 12.59% in March 2024. This suggests that foreign institutions grew their investments 0.08 in the company during the quarter. 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 delve deeper 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 (%) |
|---|---|---|---|---|---|
| Investor Education and Protection Fund | 0.114 | 0.119 | 0.54 | 0.56 | + 0.02 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 3.110 | 3.070 | 14.8 | 14.61 | -0.19 % |
| Non Resident Indians (NRIs) | 0.190 | 0.187 | 0.9 | 0.89 | -0.01 % |
| Bodies Corporate | 0.132 | 0.122 | 0.63 | 0.58 | -0.05 % |
| Any Other (specify) | 0.202 | 0.197 | 0.96 | 0.94 | -0.02 % |
| HUF | 0.101 | 0.099 | 0.48 | 0.47 | -0.01 % |
| Clearing Members | 0.002 | 0.000 | 0.01 | 0 | -0.01 % |
| Unclaimed or Suspense or Escrow Account | 0.060 | 0.058 | 0.29 | 0.28 | -0.01 % |
Spearheading a savvy charge towards increased profitability, Investor Education and Protection Fund lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.19 % variance in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.05 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.02 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Unclaimed or Suspense or Escrow Account’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
| 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/ | 3.050 | 3.064 | 14.52 | 14.58 | + 0.06 % |
| TATA NIFTY MIDCAP 150 MOMENTUM 50 INDEX FUND | 0.253 | 0.252 | 1.21 | 1.2 | -0.01 % |
| ICICI PRUDENTIAL S&P BSE 500 ET | 0 | 0.345 | 0 | 1.64 | +1.64% |
| Alternate Investment Funds | 0.031 | 0.038 | 0.15 | 0.18 | + 0.03 % |
| Insurance Companies | 0.799 | 0.813 | 3.8 | 3.87 | + 0.07 % |
| SBI LIFE INSURANCE CO. LTD | 0.258 | 0.267 | 1.23 | 1.27 | + 0.04 % |
| ICICI PRUDENTIAL S&P BSE 500 ETF | 0.274 | 0 | 1.31 | 0 | -1.31% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.06 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.TATA NIFTY MIDCAP 150 MOMENTUM 50 INDEX FUND decreased their stake from 1.2% in the previous quarter to 1.21% 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 profitability for Alternate Investment Funds, reflecting an uptick of 0.03 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 0.07 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for SBI LIFE INSURANCE CO. LTD, reflecting an uptick of 0.04 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.ICICI PRUDENTIAL S&P BSE 500 ET had no shares in the previous quarter but now holds 1.64% of shares in the current quarter.ICICI PRUDENTIAL S&P BSE 500 ETF had 1.31% 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 Portfolio Investors Category I | 2.590 | 2.601 | 12.33 | 12.38 | + 0.05 % |
| KOTAK FUNDS – INDIA MIDCAP FUND | 0.244 | 0.278 | 1.16 | 1.32 | + 0.16 % |
| Foreign Portfolio Investors Category II | 0.038 | 0.044 | 0.18 | 0.21 | + 0.03 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.05 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for KOTAK FUNDS – INDIA MIDCAP FUND, which experienced a significant increase of 0.16 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.03 % in net profit.
