Axtel Industries logo

Axtel Industries shareholders and shareholding pattern

NSE: AXTELBSE: 523850Industrial ManufacturingSmall Cap

Last close ₹405.05down ₹1.25 (0.31%)BSE ₹405.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹406.30.

52-week range of BSE trades to 23 Oct 2026
₹335.00Low, 26 Feb 2026₹527.90High, 7 May 2026
Market cap
₹654 Cr1,694th largest listed
P/E
21.0
P/B
5.2
Dividend yield
2.96%
ROE
25.3%
ROCE
29.5%
Debt to equity
0.00
Volume, NSE
2,65583.7% delivered

Who owns Axtel Industries, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters49.95%
  • Foreign institutions0.41%
  • Indian institutions1.48%
  • Individuals and others48.16%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 12 JanMar 2017Filed 7 AprJun 2017Filed 11 JulSep 2017Filed 11 OctDec 2017Filed 17 JanMar 2018Filed 26 AprJun 2018Filed 30 JulSep 2018Filed 8 OctDec 2018Filed 25 JanMar 2019Filed 10 AprJun 2019Filed 18 JulSep 2019Filed 11 OctDec 2019Filed 10 JanMar 2020Filed 11 MayJun 2020Filed 11 JulSep 2020Filed 20 OctDec 2020Filed 8 JanMar 2021Filed 4 MayJun 2021Filed 13 JulSep 2021Filed 12 OctDec 2021Filed 8 JanMar 2022Filed 12 AprJun 2022Filed 7 JulSep 2022Filed 20 OctDec 2022Filed 10 JanMar 2023Filed 10 AprJun 2023Filed 13 JulSep 2023Filed 12 OctDec 2023Filed 10 JanMar 2024Filed 20 AprJun 2024Filed 15 JulSep 2024Filed 17 OctDec 2024Filed 16 JanMar 2025Filed 9 MayJun 2025Filed 21 JulSep 2025Filed 16 OctDec 2025Filed 16 JanMar 2026Filed 18 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%
Indian promoters49.95%49.95%11.85%11.85%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%49.95%
Foreign promoters––38.10%38.10%––––––––––––––––––––––––––––––––––––
50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%50.05%
Shares in issue1,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,8001,61,54,800
Shares locked in32,30,96032,30,960–––––61,55,00061,55,00061,55,00061,58,30032,63,36032,58,56032,31,06032,31,06032,30,96032,30,96032,30,96032,30,960–––––––––––––––––––––
Promoters' shares locked in32,30,96032,30,960–––––61,55,00061,55,00061,55,00061,55,00032,30,96032,30,96032,30,96032,30,96032,30,96032,30,96032,30,96032,30,960–––––––––––––––––––––
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Axtel Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 12 JanMar 2017Filed 7 AprJun 2017Filed 11 JulSep 2017Filed 11 OctDec 2017Filed 17 JanMar 2018Filed 26 AprJun 2018Filed 30 JulSep 2018Filed 8 OctDec 2018Filed 25 JanMar 2019Filed 10 AprJun 2019Filed 18 JulSep 2019Filed 11 OctDec 2019Filed 10 JanMar 2020Filed 11 MayJun 2020Filed 11 JulSep 2020Filed 20 OctDec 2020Filed 8 JanMar 2021Filed 4 MayJun 2021Filed 13 JulSep 2021Filed 12 OctDec 2021Filed 8 JanMar 2022Filed 12 AprJun 2022Filed 7 JulSep 2022Filed 20 OctDec 2022Filed 10 JanMar 2023Filed 10 AprJun 2023Filed 13 JulSep 2023Filed 12 OctDec 2023Filed 10 JanMar 2024Filed 20 AprJun 2024Filed 15 JulSep 2024Filed 17 OctDec 2024Filed 16 JanMar 2025Filed 9 MayJun 2025Filed 21 JulSep 2025Filed 16 OctDec 2025Filed 16 JanMar 2026Filed 18 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
All shareholders15,55215,47015,56815,52115,79015,62415,60715,55615,48115,20615,04914,90014,88714,83414,90818,26417,75718,14117,72017,83917,66617,82917,99417,99718,58118,03318,23617,69819,18019,74919,49821,01820,50519,49318,86418,40818,49218,62518,78912,463
7777777777777777777777777777777777777777
Indian promoters7755777777777777777777777777777777777777
Foreign promoters––22––––––––––––––––––––––––––––––––––––
15,54515,46315,56115,51415,78315,61715,60015,54915,47415,19915,04214,89314,88014,82714,90118,25717,75018,13417,71317,83217,65917,82217,98717,99018,57418,02618,22917,69119,17319,74219,49121,01120,49819,48618,85718,40118,48518,61818,78212,456
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Axtel Industries promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Shivash Business Advisory LLP, 19.19%.Promoter buying and selling

Holder
Shivash Business Advisory LLPIndian companies, trusts and others19.19%31,00,000
Chaykar Business Advisory LLPIndian companies, trusts and others18.91%30,55,000
Ajay Naishad DesaiIndividuals and Hindu undivided families5.71%9,21,935
Ajay Nalin ParikhIndividuals and Hindu undivided families2.88%4,66,049
Karan Ajay ParikhIndividuals and Hindu undivided families2.29%3,70,230
Chhaya ParikhIndividuals and Hindu undivided families0.89%1,43,298
Rati Ajay DesaiIndividuals and Hindu undivided families0.08%12,800
No promoter shares are reported as pledged.

Largest public holders of Axtel Industries, filing by filing

Per cent, on the same shares as the split above.

HolderDec 2016Filed 12 JanMar 2017Filed 7 AprJun 2017Filed 11 JulSep 2017Filed 11 OctDec 2017Filed 17 JanMar 2018Filed 26 AprJun 2018Filed 30 JulSep 2018Filed 8 OctDec 2018Filed 25 JanMar 2019Filed 10 AprJun 2019Filed 18 JulSep 2019Filed 11 OctDec 2019Filed 10 JanMar 2020Filed 11 MayJun 2020Filed 11 JulSep 2020Filed 20 OctDec 2020Filed 8 JanMar 2021Filed 4 MayJun 2021Filed 13 JulSep 2021Filed 12 OctDec 2021Filed 8 JanMar 2022Filed 12 AprJun 2022Filed 7 JulSep 2022Filed 20 OctDec 2022Filed 10 JanMar 2023Filed 10 AprJun 2023Filed 13 JulSep 2023Filed 12 OctDec 2023Filed 10 JanMar 2024Filed 20 AprJun 2024Filed 15 JulSep 2024Filed 17 OctDec 2024Filed 16 JanMar 2025Filed 9 MayJun 2025Filed 21 JulSep 2025Filed 16 OctDec 2025Filed 16 JanMar 2026Filed 18 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
Meena PathakRelatives of promoters––––––2.23%2.23%2.23%2.23%2.23%2.23%2.23%2.23%2.23%2.23%2.23%2.23%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.96%6.78%6.78%6.42%6.42%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund–––––––––––––––––––––––––––––––––––––––6.01%
Aniruddha Narayan MalpaniResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––1.34%1.68%1.68%1.68%1.68%
Pgim India Equity Growth Opportunities Fund Series IiAlternative investment funds––––––––––––––––––––––––––––––––––––1.36%1.42%–1.48%
Hardipsingh J BubberResident individuals, over ₹2 lakh at face value–––––1.31%–––––––1.31%1.31%1.31%1.31%1.31%1.31%1.31%1.31%1.31%1.31%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.39%1.39%1.43%1.46%1.47%
Anuradha Hardipsingh BubberResident individuals, over ₹2 lakh at face value–––––1.41%–––––––1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%
Rani H BubberResident individuals, over ₹2 lakh at face value1.82%1.82%1.82%1.82%1.82%1.82%–1.82%1.82%1.82%1.82%1.82%1.81%1.58%1.58%1.52%1.52%1.45%1.45%1.45%1.45%1.41%1.41%1.41%1.41%1.41%1.41%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%
Navtejsingh M BubberDirectors and their relatives––––––––––––––––––––––––––––1.38%1.38%1.38%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%1.39%
Anita A BubberDirectors and their relatives1.29%1.29%1.29%1.29%1.29%1.29%–1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.29%1.31%1.31%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%1.32%
Nayan PathakNon-resident Indians2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.02%1.47%1.47%1.07%1.03%
Pgim India Equity Growth Opportunities Fund Series IimitedAlternative investment funds––––––––––––––––––––––––––––––––––––––1.48%–
Anjali PathakNon-resident Indians2.08%2.08%2.08%2.08%2.08%2.08%–2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%2.08%1.37%1.26%––
Ficom Advisory LlpOther non-institutions––––––––––––––––––––––––––––1.01%–––––––––––
KIRIT KUMAR PATHAKOther non-institutions4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%4.74%––––––––––––––––––––––
NAVROZE SHAIMAK MARSHALLResident individuals, over ₹2 lakh at face value––––––––1.22%1.22%1.22%1.28%1.28%1.16%1.16%–––––––––––––––––––––––––
Anuradha Hardeep singh BubberResident individuals, over ₹2 lakh at face value1.05%1.05%1.05%1.05%1.41%––1.41%1.41%1.41%1.41%1.41%1.41%–––––––––––––––––––––––––––
Hardeep singh J BubberResident individuals, over ₹2 lakh at face value1.31%1.31%1.31%1.31%1.31%––1.31%1.31%1.31%1.31%1.31%1.31%–––––––––––––––––––––––––––
Rajivsingh H BubberResident individuals, over ₹2 lakh at face value1.06%1.06%1.06%1.06%1.06%1.06%–1.06%1.06%1.06%1.06%–––––––––––––––––––––––––––––
Indianivesh Financial Advisors Pvt LtdOther non-institutions1.00%1.00%1.00%1.00%1.00%–1.00%–––––––––––––––––––––––––––––––––
MENNA PATHAKOther non-institutions–––––2.23%––––––––––––––––––––––––––––––––––
Indianivesh Financial Advisors LimitedOther non-institutions–––––1.00%––––––––––––––––––––––––––––––––––
Neeraj Kirit PathakOther non-institutions2.10%2.10%2.10%2.10%2.10%–––––––––––––––––––––––––––––––––––
Sejal Rikeen DalalResident individuals, over ₹2 lakh at face value1.24%1.24%1.24%1.24%––––––––––––––––––––––––––––––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.