Bal Pharma shareholders and shareholding pattern

NSE: BALPHARMABSE: 524824Pharmaceuticals & BiotechnologySmall Cap

₹81.09₹3.48 (4.11%)BSE ₹81.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹84.57.

52-week range of traded prices to 23 Oct 2026

₹60.00Low, 30 Mar 2026₹124.60High, 10 Sep 2026

Delivery only: shares bought must be paid for in full, with no selling on the same day.

Market cap: ₹129 Cr2,779th largest listed
P/E: 17.9
P/B: 1.6
Dividend yield: 1.48%
ROE: 9.0%
ROCE: 9.3%
Debt to equity: 1.94
Volume, NSE: 18,242

Who owns Bal Pharma, 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

Promoters50.86%
Foreign institutions0.28%
Indian institutionsNone
Individuals and others48.87%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2016Filed 9 Jan	Mar 2017Filed 7 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 10 Oct	Dec 2017Filed 11 Jan	Mar 2018Filed 6 Aug	Jun 2018Filed 2 Nov	Sep 2018Filed 12 Oct	Dec 2018Filed 10 Jan	Mar 2019Filed 17 Apr	Jun 2019Filed 11 Jul	Sep 2019Filed 2 Nov	Dec 2019Filed 13 Jan	Mar 2020Filed 16 Apr	Jun 2020Filed 14 Jul	Dec 2020Filed 12 Jan	Mar 2021Filed 17 May	Jun 2021Filed 29 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 11 Jan	Mar 2022Filed 11 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 5 Jan	Mar 2023Filed 6 Apr	Jun 2023Filed 10 Jul	Sep 2023Filed 16 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 12 Apr	Jun 2024Filed 8 Jul	Sep 2024Filed 7 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 8 Apr	Jun 2025Filed 10 Jul	Sep 2025Filed 10 Oct	Dec 2025Filed 13 Jan	Mar 2026Filed 8 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 13 Oct
	44.35%	44.35%	44.44%	44.57%	44.57%	44.57%	44.57%	42.45%	42.45%	42.45%	42.45%	42.45%	42.45%	42.45%	42.45%	42.45%	44.98%	44.84%	46.87%	49.57%	49.57%	52.00%	52.00%	51.61%	51.61%	51.61%	51.61%	51.23%	51.23%	51.23%	50.86%	50.86%	50.86%	50.86%	50.86%	50.86%	50.86%	50.86%	50.86%
Indian promoters	39.73%	30.48%	39.81%	39.95%	39.95%	39.95%	39.95%	37.83%	37.83%	37.83%	37.83%	37.83%	37.83%	37.83%	37.83%	37.83%	40.56%	40.42%	42.45%	45.15%	45.15%	47.79%	47.79%	47.43%	47.43%	34.61%	47.43%	47.09%	47.09%	47.09%	46.74%	46.74%	46.74%	46.74%	46.74%	46.74%	46.74%	46.74%	46.74%
Foreign promoters	4.62%	13.87%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.62%	4.42%	4.42%	4.42%	4.42%	4.42%	4.21%	4.21%	4.18%	4.18%	17.00%	4.18%	4.15%	4.15%	4.15%	4.12%	4.12%	4.12%	4.12%	4.12%	4.12%	4.12%	4.12%	4.12%
	55.65%	55.65%	55.56%	55.43%	55.43%	55.43%	55.43%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	57.55%	55.02%	55.16%	53.13%	50.43%	50.43%	48.00%	48.00%	48.39%	48.39%	48.39%	48.39%	48.77%	48.77%	48.77%	49.14%	49.14%	49.14%	49.14%	49.14%	49.14%	49.14%	49.14%	49.14%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.20%	0.18%	0.17%	0.17%	0.14%	0.13%	0.13%	0.13%	0.13%	0.14%	0.14%	0.15%	0.22%	0.14%	0.14%	0.15%	0.28%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.18%	0.00%	0.17%	0.14%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.14%	0.22%	0.13%	0.13%	0.14%	0.13%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.15%
Foreign venture capital investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Mutual funds	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	47.80%	48.21%	48.23%	48.23%	48.25%	48.64%	48.64%	48.64%	49.01%	49.00%	49.00%	48.99%	48.92%	49.01%	49.01%	48.99%	48.87%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24.47%	24.77%	24.57%	24.65%	24.69%	24.01%	23.52%	23.30%	24.09%	23.39%	23.63%	23.48%	23.35%	23.38%	23.29%	22.97%	23.39%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.01%	7.36%	7.50%	7.34%	7.50%	8.63%	8.63%	9.05%	9.06%	9.18%	8.87%	8.93%	9.62%	9.64%	9.55%	9.89%	10.09%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.48%	0.47%	0.46%	0.33%	0.35%	0.40%	0.52%	0.48%	0.71%	0.82%	0.77%	0.77%	0.42%	0.39%	0.50%	0.55%	0.61%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.88%	12.80%	12.82%	12.82%	12.84%	12.63%	12.42%	12.43%	12.03%	12.45%	12.48%	12.46%	12.10%	12.03%	12.08%	11.83%	11.30%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.68%	0.68%	0.73%	0.73%	0.73%	0.79%	0.79%	0.79%	0.78%	0.78%	0.83%	0.83%	0.83%	0.90%	0.90%	0.89%	0.89%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.28%	2.13%	2.15%	2.35%	2.14%	2.18%	2.76%	2.58%	2.34%	2.38%	2.43%	2.52%	2.59%	2.67%	2.69%	2.86%	2.59%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.16%	0.03%	–	0.03%	0.02%	0.02%	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	0.07%	0.04%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.04%	0.04%	0.04%	0.12%	0.08%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	–	–	–	0.24%	0.21%	0.16%	0.06%	0.11%	0.09%	0.04%	0.04%	0.04%	0.04%	Under 0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.04%	2.04%	2.07%	2.32%	2.12%	2.16%	2.51%	2.36%	2.18%	2.31%	2.32%	2.43%	2.52%	2.59%	2.61%	2.70%	2.50%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–
Escrow account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%
Shares in issue	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,41,72,372	1,48,22,372	1,48,22,372	1,48,22,372	1,48,22,372	1,48,22,372	1,55,72,372	1,55,72,372	1,56,89,872	1,56,89,872	1,56,89,872	1,56,89,872	1,58,04,372	1,58,04,372	1,58,04,372	1,59,20,872	1,59,20,872	1,59,20,872	1,59,20,872	1,59,20,872	1,59,20,872	1,59,20,872	1,59,20,872	1,59,20,872
Shares locked in	24,38,664	19,00,000	–	–	–	–	–	–	–	–	–	–	–	–	–	13,45,459	19,95,459	19,95,459	19,95,459	0	6,50,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	7,50,000	0	0	–	–	–	–	27,45,459	27,45,459
Promoters' shares locked in	11,37,764	6,00,000	–	–	–	–	–	–	–	–	–	–	–	–	–	13,45,459	19,95,459	19,95,459	19,95,459	0	6,50,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	14,00,000	7,50,000	0	0	–	–	–	–	27,45,459	27,45,459

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 Bal Pharma shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 9 Jan	Mar 2017Filed 7 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 10 Oct	Dec 2017Filed 11 Jan	Mar 2018Filed 6 Aug	Jun 2018Filed 2 Nov	Sep 2018Filed 12 Oct	Dec 2018Filed 10 Jan	Mar 2019Filed 17 Apr	Jun 2019Filed 11 Jul	Sep 2019Filed 2 Nov	Dec 2019Filed 13 Jan	Mar 2020Filed 16 Apr	Jun 2020Filed 14 Jul	Dec 2020Filed 12 Jan	Mar 2021Filed 17 May	Jun 2021Filed 29 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 11 Jan	Mar 2022Filed 11 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 5 Jan	Mar 2023Filed 6 Apr	Jun 2023Filed 10 Jul	Sep 2023Filed 16 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 12 Apr	Jun 2024Filed 8 Jul	Sep 2024Filed 7 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 8 Apr	Jun 2025Filed 10 Jul	Sep 2025Filed 10 Oct	Dec 2025Filed 13 Jan	Mar 2026Filed 8 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 13 Oct
All shareholders	10,751	10,693	10,174	11,139	10,238	11,137	11,254	11,721	11,764	11,776	11,526	11,578	11,433	11,336	12,041	12,671	12,648	16,531	16,319	16,049	16,223	16,317	16,170	16,466	16,029	15,869	15,529	15,060	14,772	15,014	16,007	15,667	15,723	15,826	15,774	15,520	15,214	14,974	15,241
	13	13	13	13	12	12	12	12	12	12	12	12	12	12	12	12	12	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11
Indian promoters	10	9	10	10	9	9	9	9	9	9	9	9	9	9	9	9	9	8	8	8	8	8	8	8	8	7	8	8	8	8	8	8	8	8	8	8	8	8	8
Foreign promoters	3	4	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	4	3	3	3	3	3	3	3	3	3	3	3	3	3
	10,738	10,680	10,161	11,126	10,226	11,125	11,242	11,709	11,752	11,764	11,514	11,566	11,421	11,324	12,029	12,659	12,636	16,520	16,308	16,038	16,212	16,306	16,159	16,455	16,018	15,858	15,518	15,049	14,761	15,003	15,996	15,656	15,712	15,815	15,763	15,509	15,203	14,963	15,230
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	1	1	1	1	1	1	2	3	3	4	3	2	2	3	3
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	2	0	1	1	1	1	1	1	1	1	2	2	1	1	2	1
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	0	0	0	0	0	0	0	1	2	2	2	1	1	1	1	2
Foreign venture capital investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Mutual funds	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16,157	16,453	16,017	15,857	15,517	15,048	14,760	15,002	15,994	15,653	15,709	15,811	15,760	15,507	15,201	14,960	15,227
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15,672	15,973	15,542	15,389	15,060	14,591	14,301	14,551	15,481	15,105	15,177	15,289	15,259	15,007	14,708	14,451	14,712
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14	15	16	16	17	22	19	21	20	22	21	21	24	24	23	24	23
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	56	53	50	52	45	48	51	48	68	68	62	62	50	45	43	47	50
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	118	123	126	126	128	131	124	126	148	173	177	171	151	146	146	153	153
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	296	288	282	273	266	255	264	255	276	284	271	267	275	284	280	284	288
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	4	–	4	3	3	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	31	22	13	3	3	3	3	3	3	3	3	3	7	8	8	12	8
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	–	–	–	5	5	8	7	6	6	4	4	4	4	2
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	260	262	265	266	260	249	256	247	265	274	262	258	264	271	267	267	277
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–
Escrow account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1

Bal Pharma 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 SHAILESH SIROYA, 17.24%. The filing names 1 more member with no shares.Promoter buying and selling

Holder
SHAILESH SIROYAIndividuals and Hindu undivided families	17.24%	27,45,459	100.00%
Micro Labs LimitedIndian companies, trusts and others	12.64%	20,11,736	0.00%
ANITA SIROYAIndividuals and Hindu undivided families	6.59%	10,49,220	0.00%
ANAND SURANAIndividuals and Hindu undivided families	3.30%	5,25,686	0.00%
CHANDRAPRAKASH DHEERAJMAL SIROYANon-resident and foreign individuals	3.06%	4,86,420	0.00%
DILIP SURANAIndividuals and Hindu undivided families	2.98%	4,74,994	0.00%
ARCHANA SURANAIndividuals and Hindu undivided families	1.79%	2,84,996	0.00%
MONICA SURANAIndividuals and Hindu undivided families	1.13%	1,79,909	0.00%
DILIP SURANA (HUF)Individuals and Hindu undivided families	1.07%	1,69,995	0.00%
ANITA CHANDRAPRAKASH SIROYANon-resident and foreign individuals	0.77%	1,22,687	0.00%
JIVI DHEERAJMAL SIROYANon-resident and foreign individuals	0.29%	46,080	0.00%

No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.

Largest public holders of Bal Pharma, filing by filing

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

Holder	Dec 2016Filed 9 Jan	Mar 2017Filed 7 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 10 Oct	Dec 2017Filed 11 Jan	Mar 2018Filed 6 Aug	Jun 2018Filed 2 Nov	Sep 2018Filed 12 Oct	Dec 2018Filed 10 Jan	Mar 2019Filed 17 Apr	Jun 2019Filed 11 Jul	Sep 2019Filed 2 Nov	Dec 2019Filed 13 Jan	Mar 2020Filed 16 Apr	Jun 2020Filed 14 Jul	Dec 2020Filed 12 Jan	Mar 2021Filed 17 May	Jun 2021Filed 29 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 11 Jan	Mar 2022Filed 11 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 5 Jan	Mar 2023Filed 6 Apr	Jun 2023Filed 10 Jul	Sep 2023Filed 16 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 12 Apr	Jun 2024Filed 8 Jul	Sep 2024Filed 7 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 8 Apr	Jun 2025Filed 10 Jul	Sep 2025Filed 10 Oct	Dec 2025Filed 13 Jan	Mar 2026Filed 8 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 13 Oct
Ram Keshav MurthyNon-resident Indians	4.12%	4.12%	4.12%	4.12%	4.12%	–	4.12%	4.12%	–	4.12%	4.12%	4.12%	–	4.12%	4.12%	4.12%	3.94%	–	–	3.94%	3.94%	3.75%	3.75%	–	3.73%	3.73%	3.73%	3.65%	3.65%	3.65%	3.31%	3.31%	3.31%	3.31%	3.31%	3.31%	3.31%	3.31%	3.31%
Prakash Chandra JainNon-resident Indians	4.10%	4.10%	4.10%	4.10%	4.10%	–	4.10%	4.10%	–	4.10%	4.10%	4.10%	–	4.10%	4.10%	4.10%	3.92%	–	–	3.92%	3.92%	3.73%	3.73%	3.70%	3.70%	–	3.70%	3.68%	3.68%	3.68%	3.65%	3.65%	3.65%	3.65%	3.65%	3.65%	3.65%	3.44%	2.89%
Naresh D PResident individuals, over ₹2 lakh at face value	2.12%	2.12%	2.12%	2.12%	2.12%	–	2.12%	2.12%	2.12%	2.12%	2.12%	2.12%	–	2.12%	2.12%	2.12%	2.02%	2.02%	2.02%	2.02%	2.02%	1.93%	1.93%	1.91%	1.91%	1.91%	1.91%	1.90%	1.90%	1.90%	1.88%	1.88%	1.88%	1.88%	1.88%	1.89%	1.89%	1.88%	1.88%
Shreya MardiaResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	2.12%	2.13%	2.13%	2.13%	2.13%	–	2.13%	2.13%	2.13%	2.03%	2.03%	–	2.03%	2.03%	1.93%	1.93%	1.91%	1.91%	1.91%	1.91%	1.90%	1.90%	1.90%	1.88%	1.88%	1.88%	1.88%	1.88%	1.88%	1.88%	1.88%	1.88%
Asha Tapidas DodhiaNon-resident Indians	2.12%	2.12%	2.12%	2.12%	2.12%	–	2.12%	–	–	2.12%	2.12%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.86%	–	–	–	–	1.84%	1.84%	1.84%	–	1.84%	1.84%
Gautam Chand MehtaNon-resident Indians	1.48%	1.55%	1.55%	1.55%	1.62%	–	1.63%	1.63%	–	1.63%	1.63%	1.63%	–	–	1.63%	1.63%	1.49%	–	–	1.49%	1.49%	1.42%	1.45%	1.44%	1.44%	1.44%	1.44%	1.35%	1.29%	1.29%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.16%	1.16%
ASHA TAPIDA DHODIANon-resident Indians	–	–	–	–	–	–	–	2.12%	–	–	–	–	–	–	2.12%	2.12%	2.02%	–	–	2.02%	–	1.93%	1.93%	1.91%	1.91%	1.91%	1.91%	1.90%	–	1.86%	1.84%	1.84%	1.84%	–	–	–	1.84%	–	–
PARAKSH CHANDRA JAINNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.70%	–	–	–	–	–	–	–	–	–	–	–	–	–
RAM KESHAV NURTHYNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.73%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Aaha Tapidas DodhiaOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Chhaganbhai Purshottam bai Patel HUFOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.04%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Vipul KumatResident individuals, over ₹2 lakh at face value	2.82%	2.82%	2.82%	2.82%	2.82%	–	2.82%	2.82%	2.82%	2.82%	2.82%	2.82%	–	2.82%	2.82%	2.82%	2.70%	2.70%	2.70%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Sherya MardiaResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Jitendra Tejraj LuniaResident individuals, over ₹2 lakh at face value	2.12%	2.12%	2.12%	2.12%	2.12%	–	2.12%	2.12%	2.12%	2.12%	2.12%	2.12%	–	2.12%	2.12%	2.12%	2.03%	2.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Atul MardiaResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.53%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ASHA TAPIDAS LUNIAOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	2.12%	–	2.12%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
GAUTHAMCHAND MEHTAOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	1.63%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
HARSHA SANJAY SIROYAResident individuals, over ₹2 lakh at face value	–	1.02%	1.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.