Elgi Equipments logo

Elgi Equipments shareholders and shareholding pattern

NSE: ELGIEQUIPBSE: 522074Industrial ProductsSmall Cap

Last close ₹512.85down ₹21.15 (3.96%)BSE ₹511.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹534.00.

52-week range of traded prices to 23 Oct 2026
₹408.25Low, 21 Jan 2026₹653.40High, 7 Sep 2026
Market cap
₹16,253 Cr395th largest listed
P/E
36.3
P/B
7.3
Dividend yield
0.53%
ROE
21.9%
ROCE
19.8%
Debt to equity
0.18
Volume, NSE
2,83,50445.3% delivered

Who owns Elgi Equipments, 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

  • Promoters31.19%
  • Foreign institutions20.20%
  • Indian institutions11.47%
  • Individuals and others36.66%
  • Employee trusts0.48%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
  • Employee trusts
Per centDec 2016Filed 12 JanMar 2017Filed 10 AprJun 2017Filed 11 JulSep 2017Filed 12 OctDec 2017Filed 9 JanMar 2018Filed 19 AprJun 2018Filed 12 JulSep 2018Filed 11 OctDec 2018Filed 17 JanMar 2019Filed 16 AprJun 2019Filed 20 JulSep 2019Filed 18 OctDec 2019Filed 21 JanMar 2020Filed 21 AprJun 2020Filed 8 JulSep 2020Filed 12 OctDec 2020Filed 2 MarMar 2021Filed 12 AprJun 2021Filed 12 JulSep 2021Filed 20 OctDec 2021Filed 17 JanMar 2022Filed 19 AprJun 2022Filed 21 JulSep 2022Filed 12 OctDec 2022Filed 10 JanMar 2023Filed 17 AprJun 2023Filed 14 JulSep 2023Filed 12 OctDec 2023Filed 9 JanMar 2024Filed 15 AprJun 2024Filed 10 JulSep 2024Filed 15 OctDec 2024Filed 10 JanMar 2025Filed 10 AprJun 2025Filed 21 JulSep 2025Filed 17 OctDec 2025Filed 20 JanMar 2026Filed 14 AprJun 2026Filed 16 JulSep 2026Filed 19 Oct
31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.91%31.91%31.91%31.91%31.91%31.91%31.32%31.32%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%
Indian promoters31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.90%31.91%31.91%31.91%31.91%31.91%31.91%31.32%31.32%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%31.19%
68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%68.10%67.98%67.98%67.98%67.98%67.98%67.90%68.49%68.49%68.62%68.62%68.64%68.67%68.63%68.65%68.65%68.58%68.64%68.63%68.43%68.43%68.43%68.45%68.28%68.32%68.33%
Employee trusts–––––––––––––––0.12%0.12%0.12%0.12%0.12%0.19%0.19%0.19%0.19%0.19%0.17%0.14%0.18%0.16%0.16%0.23%0.17%0.18%0.38%0.38%0.38%0.35%0.53%0.49%0.48%
Promoter shares pledgedShare of the promoters' own shares0.00%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%0.00%0.00%0.00%0.88%0.88%0.88%0.84%0.81%0.81%0.81%0.67%0.67%0.67%0.67%0.67%0.67%0.67%0.88%0.88%0.88%0.88%
Shares in issue15,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50815,84,54,50831,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,01631,69,09,016
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. Pledged is the share of the promoters' own shares given to lenders as security. 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 Elgi Equipments shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 12 JanMar 2017Filed 10 AprJun 2017Filed 11 JulSep 2017Filed 12 OctDec 2017Filed 9 JanMar 2018Filed 19 AprJun 2018Filed 12 JulSep 2018Filed 11 OctDec 2018Filed 17 JanMar 2019Filed 16 AprJun 2019Filed 20 JulSep 2019Filed 18 OctDec 2019Filed 21 JanMar 2020Filed 21 AprJun 2020Filed 8 JulSep 2020Filed 12 OctDec 2020Filed 2 MarMar 2021Filed 12 AprJun 2021Filed 12 JulSep 2021Filed 20 OctDec 2021Filed 17 JanMar 2022Filed 19 AprJun 2022Filed 21 JulSep 2022Filed 12 OctDec 2022Filed 10 JanMar 2023Filed 17 AprJun 2023Filed 14 JulSep 2023Filed 12 OctDec 2023Filed 9 JanMar 2024Filed 15 AprJun 2024Filed 10 JulSep 2024Filed 15 OctDec 2024Filed 10 JanMar 2025Filed 10 AprJun 2025Filed 21 JulSep 2025Filed 17 OctDec 2025Filed 20 JanMar 2026Filed 14 AprJun 2026Filed 16 JulSep 2026Filed 19 Oct
All shareholders18,65018,15717,55717,74918,69018,78419,73320,12419,56318,77318,58618,29918,29817,78822,08126,42324,16227,03934,09541,22640,12346,16444,38652,38248,78647,23649,93458,12656,75455,15054,98863,56865,97768,53376,95179,97192,46589,69589,31897,645
19181818181818181818181818181818171716161616161111111111111111101010101010101010
Indian promoters19181818181818181818181818181818171716161616161111111111111111101010101010101010
18,63118,13917,53917,73118,67218,76619,71520,10619,54518,75518,56818,28118,28017,77022,06326,40424,14427,02134,07841,20940,10646,14744,36952,37048,77447,22449,92258,11456,74255,13854,97663,55765,96668,52276,94079,96092,45489,68489,30797,634
Employee trusts–––––––––––––––1111111111111111111111111
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.

Elgi Equipments 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 Dark Horse Portfolio Investment Private Limited, 20.10%. The filing names 19 more members with no shares.Promoter buying and selling

Holder
Dark Horse Portfolio Investment Private LimitedIndian companies, trusts and others20.10%6,36,97,7520.00%
Jairam VaradarajIndividuals and Hindu undivided families8.91%2,82,21,6160.00%
Anvar Jay VaradarajIndividuals and Hindu undivided families0.61%19,25,2480.00%
Varun Jay VaradarajIndividuals and Hindu undivided families0.60%19,16,6840.00%
Maya Jay VaradarajIndividuals and Hindu undivided families0.60%19,16,6480.00%
Elgi Rubber Company LimitedIndian companies, trusts and others0.21%6,64,160100.00%
Sudarsan VaradarajIndividuals and Hindu undivided families0.06%2,04,984100.00%
Varshini VaradarajIndividuals and Hindu undivided families0.05%1,58,5880.00%
Harsha VaradarajIndividuals and Hindu undivided families0.03%80,0000.00%
T BalajiIndividuals and Hindu undivided families0.02%68,5000.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Elgi Equipments, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Elgi Equipments

HolderDec 2016Filed 12 JanMar 2017Filed 10 AprJun 2017Filed 11 JulSep 2017Filed 12 OctDec 2017Filed 9 JanMar 2018Filed 19 AprJun 2018Filed 12 JulSep 2018Filed 11 OctDec 2018Filed 17 JanMar 2019Filed 16 AprJun 2019Filed 20 JulSep 2019Filed 18 OctDec 2019Filed 21 JanMar 2020Filed 21 AprJun 2020Filed 8 JulSep 2020Filed 12 OctDec 2020Filed 2 MarMar 2021Filed 12 AprJun 2021Filed 12 JulSep 2021Filed 20 OctDec 2021Filed 17 JanMar 2022Filed 19 AprJun 2022Filed 21 JulSep 2022Filed 12 OctDec 2022Filed 10 JanMar 2023Filed 17 AprJun 2023Filed 14 JulSep 2023Filed 12 OctDec 2023Filed 9 JanMar 2024Filed 15 AprJun 2024Filed 10 JulSep 2024Filed 15 OctDec 2024Filed 10 JanMar 2025Filed 10 AprJun 2025Filed 21 JulSep 2025Filed 17 OctDec 2025Filed 20 JanMar 2026Filed 14 AprJun 2026Filed 16 JulSep 2026Filed 19 Oct
Gagandeep Credit Capital Pvt LtdCompanies4.66%4.66%4.66%4.66%5.15%5.15%5.15%5.15%–5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%5.15%4.80%4.80%4.80%4.65%4.64%4.64%4.64%4.64%4.64%4.64%4.64%4.64%4.64%4.64%4.64%4.64%4.64%
Nalanda India Equity Fund LimitedForeign portfolio investors, category I2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.80%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.64%
Pari Washington India Master Fund, LtdForeign portfolio investors, category I5.53%5.53%5.53%5.53%5.53%5.53%5.53%6.02%7.81%8.66%8.66%8.66%8.66%8.66%8.66%8.66%8.53%8.34%8.21%8.21%8.21%8.21%8.21%8.21%8.07%8.07%8.07%7.85%7.76%7.44%7.35%6.97%6.97%6.97%6.78%5.09%4.54%4.11%3.04%2.52%
Nemish S ShahResident individuals, over ₹2 lakh at face value1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%
St. James's Place Emerging Markets Equity Unit Trust Managed By Wasatch Advisors IncForeign portfolio investors, category I––––––––––––––––––––––––––––––1.22%2.11%2.09%2.09%2.09%2.09%2.09%1.56%1.56%1.56%
Pari Washington Investment FundAlternative investment funds––––––––––––––––1.02%1.21%1.21%1.36%1.36%1.36%1.41%1.41%1.41%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.40%1.27%1.18%1.15%–
Wasatch Emerging India FundForeign portfolio investors, category I–––––1.20%1.19%1.16%1.17%1.30%1.69%1.71%1.89%1.79%1.71%1.85%1.85%2.41%2.71%2.93%2.93%3.08%2.86%2.56%2.47%2.10%2.10%2.10%2.15%2.15%1.34%1.37%1.37%1.37%1.37%1.37%1.10%–––
First Sentier Investors Icvc - Stewart Investors Indian Subcontinent All Cap FundForeign portfolio investors, category I––––––––––––––––––––––––––––––––––1.51%1.51%––––
First Sentier Investors Icvc - Stewart Investors Asia Pacific and Japan All Cap FundForeign portfolio investors, category I––––––––––––––––––––––––––––––––––1.02%–––––
First Sentier Investors Icvc - Stewart Investors Indian Subcontinent Sustainability FundForeign portfolio investors, category I––––––––––––––––––1.18%1.29%1.29%1.26%1.21%1.17%–––1.12%1.12%1.12%1.09%1.09%–1.31%––––––
First Sentier Investors Icvc - Stewart Investors Asia Pacific and Japan Sustainability FundForeign portfolio investors, category I––––––––––––––––––1.50%1.50%1.50%1.50%1.36%1.28%1.06%1.06%1.06%1.06%1.01%1.01%1.01%1.01%–1.02%––––––
Al Mehwar Commercial Investments LLC - (Wanda)Foreign portfolio investors, category I–––––––––––––––1.81%1.81%2.05%2.10%2.30%2.30%2.30%2.30%2.01%2.06%1.80%1.80%1.80%1.80%1.80%1.29%–––––––––
First Sentier Investors Icvc - Stewart Investors Asia Pacific Sustainability FundForeign portfolio investors, category II––––––––––––––––––––1.03%1.03%1.13%1.03%––––––––––––––––
Fortress Advisors LlpOther non-institutions–––––––––––––1.42%1.42%1.42%1.42%1.42%1.42%1.42%1.42%–––––––––––––––––––
Pacific Assets Trust PlcInstitutions Foreign Portfolio Investor––––––––––––––1.05%1.05%1.05%1.05%1.05%1.05%1.05%–––––––––––––––––––
First State Investments Icvc- Stewart Investors Asia Pacific FundInstitutions Foreign Portfolio Investor––––––1.33%––––––1.33%1.53%1.53%1.53%1.50%––––––––––––––––––––––
First State Investments Icvc- Stewart Investors Indian Subcontinent Sustainability FundInstitutions Foreign Portfolio Investor–––––––––––––1.61%1.66%1.62%1.45%1.45%––––––––––––––––––––––
FIRST STATE INVESTMENTS ICVC-STEWART INVESTORS INDIAInstitutions Foreign Portfolio Investor––––––––––––1.61%–––––––––––––––––––––––––––
President Wealth Management Pvt. Ltd.Other non-institutions––––––––––––1.47%–––––––––––––––––––––––––––
FIRST STATE INVESTMENTS ICVC-STEWART INVESTORS ASIAInstitutions Foreign Portfolio Investor––––––––––––1.33%–––––––––––––––––––––––––––
First State Investments Icvc- Stewart InvestorInstitutions Foreign Portfolio Investor–––––1.33%–2.36%–––2.72%––––––––––––––––––––––––––––
Prescient Wealth Management Private LimitedOther non-institutions––––––––1.68%–1.68%1.68%––––––––––––––––––––––––––––
FIRST STATE INVESTMENTS LCVC-STEWART INVESTORS ASIA PACIFIC FUNDInstitutions Foreign Portfolio Investor–––1.33%1.33%–––1.33%–1.33%–––––––––––––––––––––––––––––
FIRST STATE INVESTMENTS LCVC-STEWART INVESTORS INDIAN SUBCONTINENT FUNDInstitutions Foreign Portfolio Investor––––––––1.10%–1.19%–––––––––––––––––––––––––––––
FIRST STATE INVESTMENTS LCVC-STEWART INVESTORS ASIAInstitutions Foreign Portfolio Investor–––––––––1.33%––––––––––––––––––––––––––––––
FIRST STATE INVESTMENTS LCVC-STEWART INVESTORS INDIAInstitutions Foreign Portfolio Investor–––––––––1.15%––––––––––––––––––––––––––––––
GAGNDEEP CREDIT CAPITAL PVT.LTDOther non-institutions––––––––5.15%–––––––––––––––––––––––––––––––
EAST SAILInstitutions Foreign Portfolio Investor2.77%2.77%2.77%2.77%2.77%2.27%2.27%1.79%––––––––––––––––––––––––––––––––
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. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.