Share the post "Shareholding Pattern: Shareholding Pattern Vardhman Special Steels Ltd An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Vardhman Special Steels 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 |
4.93 |
4.93 |
60.67 |
60.56 |
-0.11 % |
Public |
3.20 |
3.21 |
36.08 |
36.32 |
+0.24 % |
DII
|
0.20 |
0.21 |
2.5 |
2.63 |
+0.13 % |
FII
|
0.06 |
0.04 |
0.75 |
0.49 |
-0.26 % |
Government
|
0 |
0 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 60.67% in December 2023 to 60.56% 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 36.08% in December 2023 to 36.32% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 2.5% in December 2023 to 2.63% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.13% . FIIs (Foreign Institutional Investors) shareholding decreased from 0.75% in December 2023 to 0.49% 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 .
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 (%) |
SACHIT JAIN |
1.123 |
1.123 |
13.81 |
13.78 |
-0.03 % |
SHRI PAUL OSWAL, PARTNER, PARAS SYNDICATE |
0.006 |
0.006 |
0.08 |
0.07 |
-0.01 % |
DEVAKAR INVESTMENT & TRADING COMPANY PRIVATE LIMITED |
0.443 |
0.443 |
5.45 |
5.44 |
-0.01 % |
RAMANIYA FINANCE & INVESTMENT COMPANY LIMITED |
0.031 |
0.031 |
0.39 |
0.38 |
-0.01 % |
VARDHMAN HOLDINGS LIMITED |
1.044 |
1.044 |
12.84 |
12.81 |
-0.03 % |
VARDHMAN TEXTILES LIMITED |
1.942 |
1.942 |
23.88 |
23.84 |
-0.04 % |
SACHIT JAIN faced a downturn in stakeholding this quarter, witnessing a decline of -0.03 % in stakeholding compared to the previous quarter.SHRI PAUL OSWAL, PARTNER, PARAS SYNDICATE faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.DEVAKAR INVESTMENT & TRADING COMPANY PRIVATE LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.RAMANIYA FINANCE & INVESTMENT COMPANY LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.VARDHMAN HOLDINGS LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.03 % in stakeholding compared to the previous quarter.VARDHMAN TEXTILES LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.04 % 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 (%) |
Key Managerial Personnel |
0.006 |
0.007 |
0.08 |
0.09 |
+ 0.01 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs |
0.874 |
0.859 |
10.74 |
10.54 |
-0.2 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
0.786 |
0.790 |
9.66 |
9.69 |
+ 0.03 % |
ANIL KUMAR GOEL |
0.097 |
0.096 |
1.19 |
1.18 |
-0.01 % |
Non Resident Indians (NRIs) |
0.050 |
0.051 |
0.61 |
0.63 |
+ 0.02 % |
Foreign Companies |
0.926 |
0.926 |
11.39 |
11.37 |
-0.02 % |
AICHI STEEL CORPORATION |
0.926 |
0.926 |
11.39 |
11.37 |
-0.02 % |
Bodies Corporate |
0.206 |
0.242 |
2.54 |
2.97 |
+ 0.43 % |
Any Other (specify) |
0.082 |
0.081 |
1.01 |
0.99 |
-0.02 % |
HUF |
0.077 |
0.075 |
0.95 |
0.93 |
-0.02 % |
Leading the way to higher stakeholding, Key Managerial Personnel has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.2 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.03 %.Observations show a significant difference of -0.01 % in ANIL KUMAR GOEL’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.02 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -0.02 % in AICHI STEEL CORPORATION’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.43 %.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % 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/ |
0.197 |
0.204 |
2.42 |
2.5 |
+ 0.08 % |
TATA MUTUAL FUND – TATA SMALL CAP FUND |
0.197 |
0.203 |
2.42 |
2.49 |
+ 0.07 % |
Alternate Investment Funds |
0.006 |
0.010 |
0.08 |
0.13 |
+ 0.05 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.08 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for TATA MUTUAL FUND – TATA SMALL CAP FUND, reflecting an uptick of 0.07 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.05 % 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 |
0.056 |
0.040 |
0.69 |
0.49 |
-0.2 % |
Foreign Portfolio Investors Category II |
0.005 |
0.000 |
0.06 |
0 |
-0.06 % |
Stakeholding dwindled by -0.2 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.06 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
Anil Kumar Goel, these shareholders are the Anchor investors of current and previous quarter.
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