Grindwell Norton logo

Grindwell Norton shareholders and shareholding pattern

NSE: GRINDWELLBSE: 506076Industrial ProductsSmall Cap

Last close ₹1,846.90down ₹30.60 (1.63%)BSE ₹1,847.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,877.50.

52-week range of traded prices to 23 Oct 2026
₹1,329.00Low, 23 Mar 2026₹2,455.00High, 16 Jul 2026
Market cap
₹20,449 Cr361st largest listed
P/E
46.9
P/B
8.1
Dividend yield
1.03%
ROE
18.2%
ROCE
19.0%
Debt to equity
0.02
Volume, NSE
29,86545.0% delivered

Who owns Grindwell Norton, 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

  • Promoters58.03%
  • Foreign institutions5.34%
  • Indian institutions19.67%
  • GovernmentsNone
  • Individuals and others16.96%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Governments
  • Individuals and others
Per centDec 2016Filed 19 JanMar 2017Filed 10 AprJun 2017Filed 17 JulSep 2017Filed 13 OctDec 2017Filed 24 JanMar 2018Filed 17 AprJun 2018Filed 10 JulSep 2018Filed 11 OctDec 2018Filed 15 JanMar 2019Filed 11 AprJun 2019Filed 11 JulSep 2019Filed 11 OctDec 2019Filed 8 JanMar 2020Filed 23 AprJun 2020Filed 10 JulSep 2020Filed 6 OctDec 2020Filed 15 JanMar 2021Filed 12 AprJun 2021Filed 12 JulSep 2021Filed 7 OctDec 2021Filed 10 JanMar 2022Filed 13 AprJun 2022Filed 13 JulSep 2022Filed 19 OctDec 2022Filed 20 JanMar 2023Filed 11 AprJun 2023Filed 17 JulSep 2023Filed 13 OctDec 2023Filed 12 JanMar 2024Filed 17 AprJun 2024Filed 9 JulSep 2024Filed 10 OctDec 2024Filed 13 JanMar 2025Filed 11 AprJun 2025Filed 8 JulSep 2025Filed 7 OctDec 2025Filed 8 JanMar 2026Filed 7 AprJun 2026Filed 14 JulSep 2026Filed 6 Oct
58.89%58.89%58.89%58.89%59.95%58.36%58.36%58.36%58.33%58.33%58.32%58.32%58.32%58.32%58.32%58.32%58.32%58.32%58.32%58.08%58.08%58.08%58.08%58.08%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%58.03%
Indian promoters7.57%7.57%7.57%7.57%8.63%7.03%7.03%7.03%7.00%7.00%7.00%7.00%7.00%7.00%7.00%7.00%7.00%7.00%7.00%6.75%6.75%6.75%6.75%6.75%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%6.71%
Foreign promoters51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%51.33%
41.11%41.11%41.11%41.11%40.05%41.64%41.64%41.64%41.67%41.67%41.68%41.68%41.68%41.68%41.68%41.68%41.68%41.68%41.68%41.92%41.92%41.92%41.92%41.92%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%41.97%
Shares in issue11,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,00011,07,20,000
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 Grindwell Norton shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 19 JanMar 2017Filed 10 AprJun 2017Filed 17 JulSep 2017Filed 13 OctDec 2017Filed 24 JanMar 2018Filed 17 AprJun 2018Filed 10 JulSep 2018Filed 11 OctDec 2018Filed 15 JanMar 2019Filed 11 AprJun 2019Filed 11 JulSep 2019Filed 11 OctDec 2019Filed 8 JanMar 2020Filed 23 AprJun 2020Filed 10 JulSep 2020Filed 6 OctDec 2020Filed 15 JanMar 2021Filed 12 AprJun 2021Filed 12 JulSep 2021Filed 7 OctDec 2021Filed 10 JanMar 2022Filed 13 AprJun 2022Filed 13 JulSep 2022Filed 19 OctDec 2022Filed 20 JanMar 2023Filed 11 AprJun 2023Filed 17 JulSep 2023Filed 13 OctDec 2023Filed 12 JanMar 2024Filed 17 AprJun 2024Filed 9 JulSep 2024Filed 10 OctDec 2024Filed 13 JanMar 2025Filed 11 AprJun 2025Filed 8 JulSep 2025Filed 7 OctDec 2025Filed 8 JanMar 2026Filed 7 AprJun 2026Filed 14 JulSep 2026Filed 6 Oct
All shareholders15,36315,43215,54216,70915,20314,93815,39215,73915,68115,55115,52215,37715,67916,85417,77718,09817,39618,99130,24632,57847,29145,70946,47756,40653,59251,99649,45751,24052,19947,95447,49350,45550,30046,81047,11048,55749,01046,99445,54544,141
12121212121111111111111111111111111111111111111111111111111111111111111111111111
Indian promoters101010101099999999999999999999999999999999999
Foreign promoters2222222222222222222222222222222222222222
15,35115,42015,53016,69715,19114,92715,38115,72815,67015,54015,51115,36615,66816,84317,76618,08717,38518,98030,23532,56747,28045,69846,46656,39553,58151,98549,44651,22952,18847,94347,48250,44450,28946,79947,09948,54648,99946,98345,53444,130
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.

Grindwell Norton 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 Saint Gobain Abrasives Inc, 26.77%.Promoter buying and selling

Holder
Saint Gobain Abrasives IncForeign companies and others26.77%2,96,35,520
Spafi-Societe De Participations Financieres Et IndustriellesForeign companies and others24.56%2,71,92,480
Vera Anand MahajanIndividuals and Hindu undivided families1.71%18,89,115
Khursheed M NarangIndividuals and Hindu undivided families1.34%14,82,515
Danesh M NarangIndividuals and Hindu undivided families0.95%10,47,000
Ashaita MahajanIndividuals and Hindu undivided families0.95%10,57,028
Aakil Anand MahajanIndividuals and Hindu undivided families0.90%9,97,628
Anand Yashavant MahajanIndividuals and Hindu undivided families0.46%5,09,904
Saint Gobain India Private LimitedIndian companies, trusts and others0.27%3,00,000
Malvinder C NarangIndividuals and Hindu undivided families0.12%1,38,000
Mikhil M NarangIndividuals and Hindu undivided families0.00%5,069
No promoter shares are reported as pledged.

Largest public holders of Grindwell Norton, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Grindwell Norton

HolderDec 2016Filed 19 JanMar 2017Filed 10 AprJun 2017Filed 17 JulSep 2017Filed 13 OctDec 2017Filed 24 JanMar 2018Filed 17 AprJun 2018Filed 10 JulSep 2018Filed 11 OctDec 2018Filed 15 JanMar 2019Filed 11 AprJun 2019Filed 11 JulSep 2019Filed 11 OctDec 2019Filed 8 JanMar 2020Filed 23 AprJun 2020Filed 10 JulSep 2020Filed 6 OctDec 2020Filed 15 JanMar 2021Filed 12 AprJun 2021Filed 12 JulSep 2021Filed 7 OctDec 2021Filed 10 JanMar 2022Filed 13 AprJun 2022Filed 13 JulSep 2022Filed 19 OctDec 2022Filed 20 JanMar 2023Filed 11 AprJun 2023Filed 17 JulSep 2023Filed 13 OctDec 2023Filed 12 JanMar 2024Filed 17 AprJun 2024Filed 9 JulSep 2024Filed 10 OctDec 2024Filed 13 JanMar 2025Filed 11 AprJun 2025Filed 8 JulSep 2025Filed 7 OctDec 2025Filed 8 JanMar 2026Filed 7 AprJun 2026Filed 14 JulSep 2026Filed 6 Oct
Nina G BharuchaResident individuals, over ₹2 lakh at face value1.06%1.06%1.06%1.06%–1.59%1.59%1.59%1.31%1.31%1.31%1.31%1.22%1.05%1.05%1.05%––––––––––––––––––––––––
GOLDMAN SACHS INDIA LIMITEDInstitutions Foreign Portfolio Investor1.52%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.20%1.09%––––––––––––––––––––––––––
Kuwait Investment Authority Fund 225Institutions Foreign Portfolio Investor––1.03%1.03%1.03%–––––––––––––––––––––––––––––––––––
Amrit Petroleum Pvt LimitedOther non-institutions1.13%–––––––––––––––––––––––––––––––––––––––
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.