Share the post "Shareholding Pattern: Shareholding Pattern Yarn Syndicate Ltd. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Yarn Syndicate 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 |
0.13 |
0.15 |
35.03 |
6.73 |
-28.3 % |
Public |
0.24 |
2.03 |
64.42 |
93.17 |
+28.75 % |
DII
|
0.00 |
0.00 |
0.55 |
0.1 |
-0.45 % |
FII
|
0 |
0 |
0 |
0 |
0 |
Government
|
0.00 |
0.00 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 35.03% in December 2023 to 6.73% 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 64.42% in December 2023 to 93.17% 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 0.55% in December 2023 to 0.1% in March 2024 , indicating that domestic institutions reduced their -0.45 stake in the company.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 (%) |
RAVI NIRANJAN PANDYA |
0.131 |
0.146 |
35.03 |
6.73 |
-28.3 % |
RAVI NIRANJAN PANDYA faced a downturn in profitability this quarter, witnessing a decline of -28.3 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.
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 |
0.150 |
0.200 |
40.05 |
9.2 |
-30.85 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
0.069 |
1.698 |
18.27 |
78.07 |
+ 59.8 % |
DEVI SINGH |
0 |
0.027 |
0 |
1.24 |
+1.24% |
JYOTHI KAILASH KABRA |
0 |
0.030 |
0 |
1.38 |
+1.38% |
KRISHNA AWTAR KABRA |
0 |
0.035 |
0 |
1.61 |
+1.61% |
MAYADEVI K KABRA |
0 |
0.045 |
0 |
2.08 |
+2.08% |
ASHOKBHAI MADHUBHAI KORAT |
0.018 |
0.047 |
4.77 |
2.17 |
-2.6 % |
SMRUTIBEN SHREYANSBHAI SHAH |
0 |
0.050 |
0 |
2.3 |
+2.3% |
MAKWANA DIXIT CHANDUBHAI |
0 |
0.056 |
0 |
2.59 |
+2.59% |
SHREYANSBHAI SHANTILAL SHAH |
0 |
0.059 |
0 |
2.71 |
+2.71% |
HIRENKUMAR DHIRUBHAI TEJANI |
0 |
0.062 |
0 |
2.86 |
+2.86% |
AGRAWAL NIKUNJ |
0 |
0.063 |
0 |
2.91 |
+2.91% |
MANSIBEN HIRENKUMAR TEJANI |
0 |
0.069 |
0 |
3.16 |
+3.16% |
VARUN KRISHNAVTAR KABRA |
0 |
0.080 |
0 |
3.69 |
+3.69% |
KABRA PRIYA |
0 |
0.105 |
0 |
4.84 |
+4.84% |
KAILASH KABRA |
0 |
0.105 |
0 |
4.84 |
+4.84% |
VISMAY AMITKUMAR SHAH |
0 |
0.132 |
0 |
6.06 |
+6.06% |
SANJAY KARANRAJ SAKARIA |
0 |
0.191 |
0 |
8.78 |
+8.78% |
BISHAL PAWAN MORE |
0 |
0.288 |
0 |
13.23 |
+13.23% |
Non Resident Indians (NRIs) |
0.000 |
0.003 |
0.02 |
0.15 |
+ 0.13 % |
Bodies Corporate |
0.007 |
0.052 |
1.77 |
2.37 |
+ 0.6 % |
Any Other (specify) |
0.016 |
0.073 |
4.31 |
3.38 |
-0.93 % |
KRISHNA AWTAR JAGANNATH KABRA
HUF |
0 |
0.036 |
0 |
1.66 |
+1.66% |
HUF |
0.016 |
0.073 |
4.31 |
3.38 |
-0.93 % |
DEVENDR SINGH |
0.022 |
0 |
5.89 |
0 |
-5.89% |
JAIMIN KAILASH GUPTA |
0.010 |
0 |
2.74 |
0 |
-2.74% |
VIJAY NARAYANDAS AMLANI |
0.004 |
0 |
1.08 |
0 |
-1.08% |
Observations indicate a sizeable -30.85 % 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.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 59.8 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -2.6 % variance in ASHOKBHAI MADHUBHAI KORAT’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, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.13 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.6 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.93 % 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 -0.93 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.DEVI SINGH had no shares in the previous quarter but now holds 1.24% of shares in the current quarter.JYOTHI KAILASH KABRA had no shares in the previous quarter but now holds 1.38% of shares in the current quarter.KRISHNA AWTAR KABRA had no shares in the previous quarter but now holds 1.61% of shares in the current quarter.MAYADEVI K KABRA had no shares in the previous quarter but now holds 2.08% of shares in the current quarter.SMRUTIBEN SHREYANSBHAI SHAH had no shares in the previous quarter but now holds 2.3% of shares in the current quarter.MAKWANA DIXIT CHANDUBHAI had no shares in the previous quarter but now holds 2.59% of shares in the current quarter.SHREYANSBHAI SHANTILAL SHAH had no shares in the previous quarter but now holds 2.71% of shares in the current quarter.HIRENKUMAR DHIRUBHAI TEJANI had no shares in the previous quarter but now holds 2.86% of shares in the current quarter.AGRAWAL NIKUNJ had no shares in the previous quarter but now holds 2.91% of shares in the current quarter.MANSIBEN HIRENKUMAR TEJANI had no shares in the previous quarter but now holds 3.16% of shares in the current quarter.VARUN KRISHNAVTAR KABRA had no shares in the previous quarter but now holds 3.69% of shares in the current quarter.KABRA PRIYA had no shares in the previous quarter but now holds 4.84% of shares in the current quarter.KAILASH KABRA had no shares in the previous quarter but now holds 4.84% of shares in the current quarter.VISMAY AMITKUMAR SHAH had no shares in the previous quarter but now holds 6.06% of shares in the current quarter.SANJAY KARANRAJ SAKARIA had no shares in the previous quarter but now holds 8.78% of shares in the current quarter.BISHAL PAWAN MORE had no shares in the previous quarter but now holds 13.23% of shares in the current quarter.KRISHNA AWTAR JAGANNATH KABRA
HUF had no shares in the previous quarter but now holds 1.66% of shares in the current quarter.DEVENDR SINGH had 5.89% of shares in the previous quarter but exited in the current quarter.JAIMIN KAILASH GUPTA had 2.74% of shares in the previous quarter but exited in the current quarter.VIJAY NARAYANDAS AMLANI had 1.08% 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 (%) |
Mutual Funds/ |
0.002 |
0.002 |
0.55 |
0.1 |
-0.45 % |
Mutual Funds/ decreased their stake from 0.1% in the previous quarter to 0.55% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.45 %.
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