Bhagwati Oxygen shareholders and shareholding pattern

BSE: 509449Chemicals & PetrochemicalsSmall Cap

₹34.55₹0.85 (2.40%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹35.40.

52-week range of traded prices to 23 Oct 2026

₹31.50Low, 26 May 2026₹47.70High, 10 Feb 2026

Market cap: ₹7.99 Cr4,733rd largest listed
P/E: 2.7
P/B: 1.1
Dividend yield: Nonein the last 12 months
ROE: 53.0%
ROCE: −17.2%
Debt to equity: 0.15
Volume, BSE: 1,835

Who owns Bhagwati Oxygen, 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

Promoters43.30%
Indian institutions12.99%
Individuals and others43.72%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
Individuals and others

Per cent	Dec 2016Filed 11 Jan	Mar 2017Filed 11 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 12 Jan	Mar 2018Filed 4 May	Jun 2018Filed 13 Jul	Sep 2018Filed 11 Oct	Dec 2018Filed 16 Jan	Mar 2019Filed 29 Jul	Jun 2019Filed 29 Jul	Sep 2019Filed 6 Nov	Dec 2019Filed 11 Jan	Mar 2020Filed 4 May	Jun 2020Filed 20 Jul	Sep 2020Filed 19 Oct	Dec 2020Filed 18 Jan	Mar 2021Filed 10 Apr	Jun 2021Filed 15 Jul	Sep 2021Filed 8 Oct	Dec 2021Filed 7 Jan	Mar 2022Filed 9 Apr	Jun 2022Filed 11 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 6 Jan	Mar 2023Filed 12 Apr	Jun 2023Filed 11 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 12 Jan	Mar 2024Filed 12 Apr	Jun 2024Filed 13 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 13 Jan	Mar 2025Filed 11 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 10 Jan	Mar 2026Filed 5 May	Jun 2026Filed 10 Jul	Sep 2026Filed 14 Oct
	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%
Indian promoters	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%	43.30%
	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%	56.70%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%	12.99%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%	43.72%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30.01%	29.93%	30.05%	30.19%	30.18%	30.15%	30.13%	29.97%	29.81%	29.83%	29.87%	29.92%	29.93%	30.01%	30.01%	30.01%	29.90%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.12%	4.13%	4.12%	4.09%	4.09%	4.12%	4.11%	4.11%	4.11%	4.11%	4.11%	4.10%	4.10%	4.07%	4.07%	4.07%	4.07%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.27%	0.32%	0.27%	0.27%	0.28%	0.26%	0.28%	0.28%	0.46%	0.46%	0.42%	0.42%	0.42%	0.42%	0.42%	0.42%	0.53%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.29%	0.29%	0.24%	0.13%	0.13%	0.15%	0.16%	0.31%	0.30%	0.28%	0.28%	0.24%	0.23%	0.17%	0.16%	0.17%	0.17%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.27%	0.24%	0.19%	0.12%	0.12%	0.13%	0.15%	0.30%	0.20%	0.20%	0.20%	0.15%	0.14%	0.09%	0.08%	0.08%	0.09%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.03%	0.05%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%
Shares in issue	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969	23,12,969

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 Bhagwati Oxygen shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 11 Jan	Mar 2017Filed 11 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 12 Jan	Mar 2018Filed 4 May	Jun 2018Filed 13 Jul	Sep 2018Filed 11 Oct	Dec 2018Filed 16 Jan	Mar 2019Filed 29 Jul	Jun 2019Filed 29 Jul	Sep 2019Filed 6 Nov	Dec 2019Filed 11 Jan	Mar 2020Filed 4 May	Jun 2020Filed 20 Jul	Sep 2020Filed 19 Oct	Dec 2020Filed 18 Jan	Mar 2021Filed 10 Apr	Jun 2021Filed 15 Jul	Sep 2021Filed 8 Oct	Dec 2021Filed 7 Jan	Mar 2022Filed 9 Apr	Jun 2022Filed 11 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 6 Jan	Mar 2023Filed 12 Apr	Jun 2023Filed 11 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 12 Jan	Mar 2024Filed 12 Apr	Jun 2024Filed 13 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 13 Jan	Mar 2025Filed 11 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 10 Jan	Mar 2026Filed 5 May	Jun 2026Filed 10 Jul	Sep 2026Filed 14 Oct
All shareholders	5,598	5,615	5,613	5,605	5,575	5,591	5,601	5,615	5,583	5,566	5,539	5,535	5,524	5,516	5,503	5,543	5,532	5,580	5,921	6,256	6,486	6,717	6,700	6,652	6,692	6,612	6,607	6,615	6,721	6,715	6,810	6,936	6,954	7,077	7,215	7,258	7,271	7,284	7,243	7,238
	27	27	27	27	27	27	27	27	27	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22
Indian promoters	27	27	27	27	27	27	27	27	27	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22	22
	5,571	5,588	5,586	5,578	5,548	5,564	5,574	5,588	5,556	5,544	5,517	5,513	5,502	5,494	5,481	5,521	5,510	5,558	5,899	6,234	6,464	6,695	6,678	6,630	6,670	6,590	6,585	6,593	6,699	6,693	6,788	6,914	6,932	7,055	7,193	7,236	7,249	7,262	7,221	7,216
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6,626	6,666	6,586	6,581	6,589	6,695	6,689	6,784	6,910	6,928	7,051	7,189	7,232	7,245	7,258	7,217	7,212
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6,583	6,621	6,544	6,544	6,551	6,654	6,646	6,734	6,858	6,878	7,004	7,142	7,184	7,199	7,213	7,172	7,166
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	19	20	19	18	18	19	19	20	20	19	18	19	19	18	18	18	18
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	5	5	4	6	8	10	11	8	8	8	8	8	8	9
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13	14	12	8	9	12	12	16	16	14	15	14	15	14	13	13	13
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	8	9	6	7	10	10	14	14	13	14	13	14	13	12	12	12
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	2	2	2	2	2	2	1	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	3	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1

Bhagwati Oxygen 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 SURESH KUMAR SHARMA, 11.57%. The filing names 5 more members with no shares.

Holder
SURESH KUMAR SHARMAIndividuals and Hindu undivided families	11.57%	2,67,651	2,67,641
TARA DEVI SHARMAIndividuals and Hindu undivided families	5.95%	1,37,700	1,37,700
SURESH KUMAR SHARMA AND SONS HUFIndividuals and Hindu undivided families	4.71%	1,09,000	1,09,000
BHAGAWATI STEEL PRIVATE LIMITEDIndian companies, trusts and others	4.34%	1,00,325	1,00,325
JAYA SHARMAIndividuals and Hindu undivided families	3.91%	90,500	90,500
DEEPTHI SHARMAIndividuals and Hindu undivided families	3.41%	78,900	78,900
HIMANSHU SHARMAIndividuals and Hindu undivided families	3.15%	72,800	72,800
RAMRUP SHARMA AND SONS HUFIndividuals and Hindu undivided families	2.77%	64,000	64,000
VIVEK SHARMAIndividuals and Hindu undivided families	1.79%	41,500	41,500
KANTA DEVI BHARDWAJIndividuals and Hindu undivided families	0.63%	14,485	0
BHAGWATI GASES LIMITEDIndian companies, trusts and others	0.43%	10,000	0
RAKESH SAMRAT BHARDWAJIndividuals and Hindu undivided families	0.33%	7,740	0
PADMAJA BHARDWAJIndividuals and Hindu undivided families	0.09%	2,000	0
KAMAKSHI BHARDWAJIndividuals and Hindu undivided families	0.09%	2,000	0
B K RATNAKARAN KURUPIndividuals and Hindu undivided families	0.05%	1,150	1,150
ASHOK KUMAR GARGIndividuals and Hindu undivided families	0.05%	1,075	1,075
MAHESH MITTALIndividuals and Hindu undivided families	0.01%	150	0
CHETAN KUMAR CHATURVEDIIndividuals and Hindu undivided families	0.01%	125	0
SHACHI BHARDWAJIndividuals and Hindu undivided families	0.01%	150	0
HARI PRASAD PURBAIndividuals and Hindu undivided families	0.00%	75	0
BALWAN SINGHIndividuals and Hindu undivided families	0.00%	75	0
SHYAM MOHANIndividuals and Hindu undivided families	0.00%	75	0

No promoter shares are reported as pledged. In demat is the part of the holding kept electronically; the rest is paper certificates.

Largest public holders of Bhagwati Oxygen, filing by filing

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

Holder	Dec 2016Filed 11 Jan	Mar 2017Filed 11 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 12 Jan	Mar 2018Filed 4 May	Jun 2018Filed 13 Jul	Sep 2018Filed 11 Oct	Dec 2018Filed 16 Jan	Mar 2019Filed 29 Jul	Jun 2019Filed 29 Jul	Sep 2019Filed 6 Nov	Dec 2019Filed 11 Jan	Mar 2020Filed 4 May	Jun 2020Filed 20 Jul	Sep 2020Filed 19 Oct	Dec 2020Filed 18 Jan	Mar 2021Filed 10 Apr	Jun 2021Filed 15 Jul	Sep 2021Filed 8 Oct	Dec 2021Filed 7 Jan	Mar 2022Filed 9 Apr	Jun 2022Filed 11 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 6 Jan	Mar 2023Filed 12 Apr	Jun 2023Filed 11 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 12 Jan	Mar 2024Filed 12 Apr	Jun 2024Filed 13 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 13 Jan	Mar 2025Filed 11 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 16 Oct	Dec 2025Filed 10 Jan	Mar 2026Filed 5 May	Jun 2026Filed 10 Jul	Sep 2026Filed 14 Oct
BIHAR STATE INDUSTRIAL DEVELOPMENTBanks	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%	12.97%
S K STEELS PRIVATE LIMITEDCompanies	–	–	–	–	–	–	3.91%	3.91%	3.91%	3.91%	–	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	–	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%	3.91%
BHASKAR SHARMAResident individuals, over ₹2 lakh at face value	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%
GARIMA SHARMAResident individuals, over ₹2 lakh at face value	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%
NEHA SHARMAResident individuals, over ₹2 lakh at face value	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%
RAJEEV SHARMAResident individuals, over ₹2 lakh at face value	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%
SUMAN SHARMAResident individuals, over ₹2 lakh at face value	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%
MAHENDRA GIRDHARILALResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	1.01%	1.10%	1.24%	1.25%	1.26%	1.27%	1.43%	1.53%	1.53%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
S K STEEL PRIVATE LIMITEDOther non-institutions	4.54%	4.54%	4.54%	4.54%	4.54%	4.54%	–	–	–	–	3.91%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.