Tamilnadu Petroproducts 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 | 3.11 | 3.11 | 34.54 | 34.54 | 0 |
| Public | 5.89 | 5.89 | 58.33 | 59.28 | +0.95 % |
| DII | 0.00 | 0.00 | 0.03 | 0.03 | 0 |
| FII | 0.64 | 0.55 | 7.1 | 6.15 | -0.95 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 34.54% 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 58.33% in December 2023 to 59.28% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.03% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors) shareholding decreased from 7.1% in December 2023 to 6.15% 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 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| TAMILNADU INDUSTRIAL DEVELOPMENT CORPORATION LTD | 0 | 1.584 | 0 | 17.61 | +17.61% |
| SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION LIMITED | 0 | 1.523 | 0 | 16.93 | +16.93% |
| Tamilnadu Industrial Development Corporation Limited | 1.584 | 0 | 17.61 | 0 | -17.61% |
| Southern Petrochemical Industries Limited | 1.523 | 0 | 16.93 | 0 | -16.93% |
Promoters shareholding remained stable, at 34.54% 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 58.33% in December 2023 to 59.28% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.03% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors) shareholding decreased from 7.1% in December 2023 to 6.15% 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.TAMILNADU INDUSTRIAL DEVELOPMENT CORPORATION LTD had no shares in the previous quarter but now holds 17.61% of shares in the current quarter.SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATION LIMITED had no shares in the previous quarter but now holds 16.93% of shares in the current quarter.Tamilnadu Industrial Development Corporation Limited had 17.61% of shares in the previous quarter but exited in the current quarter.Southern Petrochemical Industries Limited had 16.93% 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 3.076 | 3.134 | 34.19 | 34.83 | + 0.64 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 1.165 | 1.199 | 12.95 | 13.33 | + 0.38 % |
| Non Resident Indians (NRIs) | 0.341 | 0.329 | 3.79 | 3.65 | -0.14 % |
| PURICO LIMITED | 0 | 0.138 | 0 | 1.53 | +1.53% |
| Bodies Corporate | 0.398 | 0.397 | 4.42 | 4.41 | -0.01 % |
| TPL EMPLOYEES WELFARE FOUNDATION | 0 | 0.100 | 0 | 1.11 | +1.11% |
| OLYMPIA TECH PARK CHENNAI PRIVATE LIMITED | 0 | 0.115 | 0 | 1.28 | +1.28% |
| Any Other (specify) | 0.130 | 0.137 | 1.45 | 1.52 | + 0.07 % |
| HUF | 0.128 | 0.136 | 1.42 | 1.52 | + 0.1 % |
| Clearing Members | 0.002 | 0.000 | 0.02 | 0 | -0.02 % |
| PURICO LIMITED | 0.138 | 0 | 1.53 | 0 | -1.53% |
| TPL EMPLOYEES WELFARE FOUNDATION |
0.100 | 0 | 1.11 | 0 | -1.11% |
| OLYMPIA TECH PARK CHENNAI PRIVATE LIMITED |
0.115 | 0 | 1.28 | 0 | -1.28% |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.64 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.38 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.14 % 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 -0.01 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.07 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.1 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.02 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.PURICO LIMITED had no shares in the previous quarter but now holds 1.53% of shares in the current quarter.TPL EMPLOYEES WELFARE FOUNDATION had no shares in the previous quarter but now holds 1.11% of shares in the current quarter.OLYMPIA TECH PARK CHENNAI PRIVATE LIMITED had no shares in the previous quarter but now holds 1.28% of shares in the current quarter.PURICO LIMITED had 1.53% of shares in the previous quarter but exited in the current quarter.TPL EMPLOYEES WELFARE
FOUNDATION had 1.11% of shares in the previous quarter but exited in the current quarter.OLYMPIA TECH PARK CHENNAI
PRIVATE LIMITED had 1.28% of shares in the previous quarter but exited in the current quarter.
FOUNDATION had 1.11% of shares in the previous quarter but exited in the current quarter.OLYMPIA TECH PARK CHENNAI
PRIVATE LIMITED had 1.28% 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 | 0.554 | 0.468 | 6.16 | 5.2 | -0.96 % |
| ARES DIVERSIFIED | 0.161 | 0.105 | 1.79 | 1.17 | -0.62 % |
Profitability dwindled by -0.96 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.62 % for ARES DIVERSIFIED in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.
Harsha Hitesh Javeri, Hitesh Ramji Javeri, these shareholders are the Anchor investors of current and previous quarter.
