VEEFIN SOLUTIONS 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 | 0.84 | 0.84 | 39.84 | 39.84 | 0 |
| Public | 1.27 | 1.27 | 58.95 | 58.21 | -0.74 % |
| DII | 0.02 | 0.04 | 1.16 | 1.95 | +0.79 % |
| FII | 0.00 | 0.00 | 0.05 | 0 | -0.05 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 39.84% in both September 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 58.95% in September 2023 to 58.21% 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 1.16% in September 2023 to 1.95% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.79% . FIIs (Foreign Institutional Investors) shareholding decreased from 0.05% in September 2023 to 0% 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 (%) |
|---|---|---|---|---|---|
| GAUTAM VIJAY UDANI | 0 | 0.134 | 0 | 6.33 | +6.33% |
| RAJA DEBNATH | 0 | 0.710 | 0 | 33.51 | +33.51% |
| Gautam Udani | 0.134 | 0 | 6.33 | 0 | -6.33% |
| Raja Debnath | 0.710 | 0 | 33.51 | 0 | -33.51% |
Promoters shareholding remained stable, at 39.84% in both September 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 58.95% in September 2023 to 58.21% 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 1.16% in September 2023 to 1.95% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.79% . FIIs (Foreign Institutional Investors) shareholding decreased from 0.05% in September 2023 to 0% 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 .GAUTAM VIJAY UDANI had no shares in the previous quarter but now holds 6.33% of shares in the current quarter.RAJA DEBNATH had no shares in the previous quarter but now holds 33.51% of shares in the current quarter.Gautam Udani had 6.33% of shares in the previous quarter but exited in the current quarter.Raja Debnath had 33.51% 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 | 0.278 | 0.334 | 13.1 | 15.76 | + 2.66 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.358 | 0.352 | 16.91 | 16.61 | -0.3 % |
| Non Resident Indians (NRIs) | 0.452 | 0.442 | 21.34 | 20.85 | -0.49 % |
| RAJENDRAN AJAY | 0 | 0.422 | 0 | 19.93 | +19.93% |
| Bodies Corporate | 0.058 | 0.054 | 2.72 | 2.56 | -0.16 % |
| Any Other (specify) | 0.104 | 0.051 | 4.89 | 2.42 | -2.47 % |
| Clearing Members | 0.042 | 0.008 | 1.98 | 0.38 | -1.6 % |
| HUF | 0.062 | 0.042 | 2.91 | 2 | -0.91 % |
| Trusts | 0 | 0.001 | 0 | 0.04 | +0.04% |
| AJAY RAJENDRAN | 0.422 | 0 | 19.93 | 0 | -19.93% |
| SHRENI SHARES PRIVATE LIMITED | 0.036 | 0 | 1.71 | 0 | -1.71% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 2.66 %.Observations show a significant difference of -0.3 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.49 % 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 -2.47 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -1.6 % in Clearing Members’s financial performance between quarters.Observations show a significant difference of -0.91 % in HUF’s financial performance between quarters.RAJENDRAN AJAY had no shares in the previous quarter but now holds 19.93% of shares in the current quarter.Trusts had no shares in the previous quarter but now holds 0.04% of shares in the current quarter.AJAY RAJENDRAN had 19.93% of shares in the previous quarter but exited in the current quarter.SHRENI SHARES PRIVATE LIMITED had 1.71% 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 (%) |
|---|---|---|---|---|---|
| Alternate Investment Funds | 0.024 | 0.041 | 1.16 | 1.95 | + 0.79 % |
| INDIA EQUITY FUND 1 | 0.024 | 0.041 | 1.16 | 1.95 | + 0.79 % |
The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.79 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for INDIA EQUITY FUND 1, reflecting an uptick of 0.79 % 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 | 0.001 | 0.000 | 0.05 | 0 | -0.05 % |
Stakeholding dwindled by -0.05 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.
