Epigral shareholders and shareholding pattern

NSE: EPIGRALBSE: 543332Chemicals & PetrochemicalsSmall Cap

Formerly Meghmani Finechem

₹895.00₹26.20 (2.84%)BSE ₹897.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹921.20.

52-week range of traded prices to 23 Oct 2026

₹807.00Low, 30 Mar 2026₹1,729.90High, 29 Oct 2025

Market cap: ₹3,861 Cr807th largest listed
P/E: 14.2
P/B: 1.7
Dividend yield: 0.56%
ROE: 13.1%
ROCE: 14.8%
Debt to equity: 0.25
Volume, NSE: 42,72442.2% delivered

Who owns Epigral, filing by filing

Per cent of all the company's shares, counting those held against depositary receipts traded abroad where a filing has them. Every filing on record, from Sep 2021; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters68.83%
Foreign institutions0.99%
Indian institutions4.90%
Governments0.02%
Individuals and others25.26%
Depositary receiptsNone

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others
Depositary receipts

Per cent	Sep 2021Filed 16 Oct	Dec 2021Filed 18 Jan	Mar 2022Filed 19 Apr	Jun 2022Filed 15 Jul	Sep 2022Filed 15 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 14 Apr	Jun 2023Filed 12 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 17 Jan	Mar 2024Filed 20 Apr	Jun 2024Filed 17 Jul	Sep 2024Filed 14 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 16 Apr	Jun 2025Filed 19 Jul	Sep 2025Filed 13 Oct	Dec 2025Filed 10 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 18 Jul	Sep 2026Filed 15 Oct
	70.77%	71.18%	71.18%	71.11%	71.12%	71.21%	71.34%	71.37%	71.38%	71.38%	71.49%	71.58%	71.58%	68.94%	68.95%	68.83%	68.83%	68.83%	68.83%	68.83%	68.83%
Indian promoters	70.77%	71.18%	71.18%	71.11%	71.12%	71.21%	71.34%	71.37%	71.38%	71.38%	71.49%	71.58%	71.58%	68.94%	68.95%	68.83%	68.83%	68.83%	68.83%	68.83%	68.83%
	26.68%	28.81%	28.82%	28.89%	28.88%	28.79%	28.66%	28.63%	28.62%	28.62%	28.51%	28.42%	28.42%	31.06%	31.05%	31.17%	31.17%	31.17%	31.17%	31.17%	31.17%
	–	–	–	–	1.40%	1.15%	1.20%	1.17%	1.15%	1.18%	1.36%	1.47%	2.09%	3.01%	3.01%	3.05%	2.71%	2.36%	1.54%	1.03%	0.99%
Foreign portfolio investors, category I	–	–	–	–	0.00%	1.15%	1.11%	1.07%	1.08%	1.11%	1.23%	1.29%	1.64%	2.69%	2.77%	2.80%	2.57%	2.22%	1.41%	1.01%	0.87%
Foreign portfolio investors, category II	–	–	–	–	1.40%	0.00%	0.09%	0.09%	0.06%	0.06%	0.13%	0.17%	0.46%	0.32%	0.24%	0.26%	0.14%	0.14%	0.13%	0.02%	0.12%
	–	–	–	–	0.19%	0.17%	0.03%	0.04%	0.04%	0.05%	0.02%	0.18%	1.17%	4.31%	4.66%	4.79%	4.92%	5.13%	4.90%	5.56%	4.90%
Mutual funds	0.00%	0.00%	0.31%	0.01%	Under 0.01%	0.00%	0.03%	0.04%	0.04%	0.05%	0.02%	0.05%	1.04%	4.15%	4.48%	4.59%	4.74%	5.09%	4.90%	5.52%	4.87%
Alternative investment funds	0.00%	0.00%	0.16%	0.21%	0.19%	0.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.13%	0.13%	0.16%	0.18%	0.19%	0.19%	0.04%	Under 0.01%	0.04%	0.02%
Non-bank lenders registered with RBI	–	–	–	–	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%	Under 0.01%	Under 0.01%
	–	–	–	–	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%
State governments	–	–	–	–	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%
	–	–	–	–	27.26%	27.45%	27.39%	27.40%	27.41%	27.36%	27.10%	26.74%	25.13%	23.72%	23.35%	23.31%	23.52%	23.66%	24.70%	24.55%	25.26%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	16.20%	16.25%	15.93%	16.20%	16.20%	16.25%	14.99%	14.82%	13.55%	12.62%	12.24%	12.28%	11.85%	11.93%	12.56%	12.43%	12.68%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	4.85%	5.18%	5.20%	5.02%	4.85%	4.94%	5.17%	5.00%	4.96%	4.75%	4.73%	4.68%	5.17%	5.23%	5.37%	5.45%	5.60%
Companies	–	–	–	–	2.17%	2.14%	2.30%	2.31%	2.45%	2.28%	3.00%	2.96%	2.84%	2.72%	2.78%	2.76%	2.80%	2.82%	2.87%	2.79%	3.01%
Non-resident Indians	–	–	–	–	1.53%	1.50%	1.51%	1.47%	1.48%	1.46%	1.40%	1.47%	1.44%	1.36%	1.32%	1.33%	1.35%	1.35%	1.48%	1.50%	1.52%
Investor education fund	–	–	–	–	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Key managers	–	–	–	–	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%	–	–	–	–
	–	–	–	–	2.48%	2.34%	2.42%	2.36%	2.39%	2.41%	2.51%	2.47%	2.30%	2.23%	2.24%	2.22%	2.32%	2.31%	2.40%	2.36%	2.43%
Clearing Members	–	–	–	–	0.08%	0.01%	0.02%	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%	0.05%	0.04%	0.05%	0.04%	0.06%
Hindu undivided families	–	–	–	–	1.32%	1.26%	1.33%	1.30%	1.32%	1.33%	1.37%	1.32%	1.21%	1.19%	1.20%	1.20%	1.23%	1.23%	1.32%	1.29%	1.36%
LLP	–	–	–	–	1.04%	1.05%	1.05%	1.05%	1.07%	1.07%	1.14%	1.14%	1.08%	1.03%	1.03%	1.02%	1.04%	1.03%	1.03%	1.03%	1.01%
Trusts	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Others	–	–	–	–	0.03%	0.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	0.02%	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%	–	–
Depositary receipts	2.55%	0.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Shares in issue	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,15,50,158	4,31,41,338	4,31,41,338	4,31,41,338	4,31,41,338	4,31,41,338	4,31,41,338	4,31,41,338	4,31,41,338
Shares locked in	1,76,47,129	1,76,47,129	1,76,47,129	1,76,47,129	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	1,76,47,129	1,76,47,129	1,76,47,129	1,76,47,129	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	83,10,033	0	0	0	–	–	–	–	–	–
Shares underlying depositary receipts	10,60,827	5,358	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–

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 Epigral shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Sep 2021Filed 16 Oct	Dec 2021Filed 18 Jan	Mar 2022Filed 19 Apr	Jun 2022Filed 15 Jul	Sep 2022Filed 15 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 14 Apr	Jun 2023Filed 12 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 17 Jan	Mar 2024Filed 20 Apr	Jun 2024Filed 17 Jul	Sep 2024Filed 14 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 16 Apr	Jun 2025Filed 19 Jul	Sep 2025Filed 13 Oct	Dec 2025Filed 10 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 18 Jul	Sep 2026Filed 15 Oct
All shareholders	1,00,421	98,578	92,185	93,147	97,396	97,016	94,778	95,833	95,742	92,959	88,870	85,761	83,176	81,697	80,878	79,951	78,605	77,562	77,583	76,305	76,384
	41	41	40	39	39	39	39	39	39	39	39	39	39	38	38	34	34	34	34	34	34
Indian promoters	41	41	40	39	39	39	39	39	39	39	39	39	39	38	38	34	34	34	34	34	34
	1,00,379	98,536	92,145	93,108	97,357	96,977	94,739	95,794	95,703	92,920	88,831	85,722	83,137	81,659	80,840	79,917	78,571	77,528	77,549	76,271	76,350
	–	–	–	–	43	54	52	51	51	53	60	64	73	77	83	83	84	77	43	45	42
Foreign portfolio investors, category I	–	–	–	–	0	54	49	48	48	50	55	59	64	69	73	72	75	70	41	42	38
Foreign portfolio investors, category II	–	–	–	–	43	0	3	3	3	3	5	5	9	8	10	11	9	7	2	3	4
	–	–	–	–	5	3	7	7	7	9	3	6	8	15	17	16	14	11	6	9	8
Mutual funds	0	0	1	1	1	0	6	6	6	8	2	2	4	8	8	9	6	6	3	4	3
Alternative investment funds	0	0	1	1	3	2	0	0	0	0	0	2	2	5	7	6	7	4	2	4	4
Non-bank lenders registered with RBI	–	–	–	–	1	1	1	1	1	1	1	2	2	2	2	1	1	1	1	1	1
	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
State governments	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	97,308	96,919	94,679	95,735	95,644	92,857	88,767	85,651	83,055	81,566	80,739	79,817	78,472	77,439	77,499	76,216	76,299
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	93,042	92,780	90,631	91,657	91,588	88,869	84,918	81,673	79,224	77,767	76,961	76,103	74,778	73,772	73,760	72,481	72,489
Resident individuals, over ₹2 lakh at face value	–	–	–	–	33	34	31	29	27	28	30	29	28	28	28	27	31	31	32	32	34
Companies	–	–	–	–	361	341	338	341	340	335	324	354	347	323	321	303	284	282	283	271	284
Non-resident Indians	–	–	–	–	1,625	1,568	1,510	1,527	1,510	1,467	1,434	1,565	1,556	1,537	1,532	1,510	1,524	1,506	1,547	1,552	1,571
Investor education fund	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	–	–	–	–
	–	–	–	–	2,245	2,194	2,167	2,179	2,177	2,156	2,059	2,028	1,898	1,909	1,895	1,872	1,853	1,847	1,876	1,879	1,920
Clearing Members	–	–	–	–	80	29	21	6	6	5	7	6	9	8	8	6	25	27	27	22	23
Hindu undivided families	–	–	–	–	2,137	2,139	2,122	2,147	2,138	2,120	2,020	1,984	1,850	1,859	1,846	1,829	1,794	1,786	1,808	1,813	1,867
LLP	–	–	–	–	25	23	22	24	30	28	30	35	36	38	37	33	32	32	39	43	29
Trusts	–	–	–	–	2	2	1	1	2	2	1	2	2	3	3	3	1	1	1	1	1
Others	–	–	–	–	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	–	–

Epigral 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 Ashishbhai Natawarlal Soparkar, 14.65%.Promoter buying and selling

Holder
Ashishbhai Natawarlal SoparkarIndividuals and Hindu undivided families	14.65%	63,19,857
Patel Natwarlal MeghjibhaiIndividuals and Hindu undivided families	9.68%	41,76,851
Jayantibhai Meghjibhai PatelIndividuals and Hindu undivided families	8.29%	35,76,707
Rameshbhai Meghajibhai PatelIndividuals and Hindu undivided families	6.79%	29,29,569
Maulik Jayantibhai PatelIndividuals and Hindu undivided families	5.19%	22,39,091
Patel Ankit NatwarlalIndividuals and Hindu undivided families	4.44%	19,15,409
Anandbhai Ishwarbhai PatelIndividuals and Hindu undivided families	4.21%	18,16,644
Taraben Jayantilal PatelIndividuals and Hindu undivided families	2.34%	10,07,990
Patel Karana RameshbhaiIndividuals and Hindu undivided families	1.68%	7,25,135
Kalpana Rameshbhai PatelIndividuals and Hindu undivided families	1.28%	5,51,070
Patel Natubhai Meghjibhai (HUF)Individuals and Hindu undivided families	1.13%	4,86,194
Disha Kevatkumar VananiIndividuals and Hindu undivided families	1.13%	4,85,890
Vaishakhi Dhiren GoyalIndividuals and Hindu undivided families	0.97%	4,18,703
Bhartiben Natubhai PatelIndividuals and Hindu undivided families	0.97%	4,17,927
Patel Darshan AnandbhaiIndividuals and Hindu undivided families	0.95%	4,07,743
Chintan Anandbhai PatelIndividuals and Hindu undivided families	0.95%	4,08,476
Kruti Adesh PatelIndividuals and Hindu undivided families	0.85%	3,66,037
Nayanaben A SoparkarIndividuals and Hindu undivided families	0.78%	3,36,298
Ruchi Ashishbhai SoparkarIndividuals and Hindu undivided families	0.46%	1,98,752
Deval A SoparkarIndividuals and Hindu undivided families	0.46%	1,98,930
Patel Naynaben AnandbhaiIndividuals and Hindu undivided families	0.39%	1,70,225
Patel Rameshbhai Meghjibhai (HUF)Individuals and Hindu undivided families	0.22%	96,800
Kantibhai Meghjibhai Patel (HUF)Individuals and Hindu undivided families	0.17%	73,320
Patel Jayantibhai Meghjibhai (HUF)Individuals and Hindu undivided families	0.16%	69,184
Kantibhai Meghjibhai PatelIndividuals and Hindu undivided families	0.15%	65,800
Sandhya Maulik PatelIndividuals and Hindu undivided families	0.10%	42,746
Haribhai Meghjibhai PatelIndividuals and Hindu undivided families	0.10%	42,942
Anand I Patel (HUF)Individuals and Hindu undivided families	0.08%	35,720
Popatbhai Meghjibhai PatelIndividuals and Hindu undivided families	0.06%	27,113
Popatbhai M Patel (HUF)Individuals and Hindu undivided families	0.06%	25,380
Kaushal Ashish SoparkarIndividuals and Hindu undivided families	0.05%	22,929
Adesh K PatelIndividuals and Hindu undivided families	0.04%	18,650
Ashishbhai Soparkar (HUF)Individuals and Hindu undivided families	0.03%	11,968
Dhiren Madhur GoyalIndividuals and Hindu undivided families	0.02%	7,500

No promoter shares are reported as pledged.

Largest public holders of Epigral, filing by filing

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

Holder	Sep 2021Filed 16 Oct	Dec 2021Filed 18 Jan	Mar 2022Filed 19 Apr	Jun 2022Filed 15 Jul	Sep 2022Filed 15 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 14 Apr	Jun 2023Filed 12 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 17 Jan	Mar 2024Filed 20 Apr	Jun 2024Filed 17 Jul	Sep 2024Filed 14 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 16 Apr	Jun 2025Filed 19 Jul	Sep 2025Filed 13 Oct	Dec 2025Filed 10 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 18 Jul	Sep 2026Filed 15 Oct
VLS Finance LtdCompanies	1.04%	–	–	–	1.26%	1.30%	1.33%	1.34%	1.35%	1.24%	1.97%	1.95%	1.95%	1.88%	1.88%	1.88%	1.88%	1.88%	1.91%	1.91%	1.91%

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.