Gujarat State Financial corporation logo

Gujarat State Financial corporation shareholders and shareholding pattern

BSE: 532160FinanceSmall Cap

Last close ₹8.56up ₹0.09 (1.06%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹8.47.

52-week range of traded prices to 23 Oct 2026
₹7.60Low, 15 Oct 2026₹15.00High, 29 Oct 2025
Market cap
₹76 Cr2,929th largest listed
P/E
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
NIM
−65.65%
ROA
−56.12%
Volume, BSE
9,810

Who owns Gujarat State Financial corporation, 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

  • Promoters83.95%
  • Indian institutions1.13%
  • Governments2.10%
  • Individuals and others12.82%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Indian institutions
  • Governments
  • Individuals and others
Per centDec 2016Filed 11 JanMar 2017Filed 10 AprJun 2017Filed 13 JulSep 2017Filed 9 OctDec 2017Filed 6 JanMar 2018Filed 6 AprJun 2018Filed 5 JulSep 2018Filed 14 JanDec 2018Filed 24 JanMar 2019Filed 3 AprJun 2019Filed 1 AugSep 2019Filed 14 OctDec 2019Filed 6 JanMar 2020Filed 6 MayJun 2020Filed 9 JulSep 2020Filed 6 OctDec 2020Filed 5 JanMar 2021Filed 8 AprJun 2021Filed 9 JulSep 2021Filed 12 OctDec 2021Filed 7 JanMar 2022Filed 16 AprJun 2022Filed 8 JulSep 2022Filed 11 OctDec 2022Filed 12 JanMar 2023Filed 11 AprJun 2023Filed 6 JulSep 2023Filed 5 OctDec 2023Filed 8 JanMar 2024Filed 12 AprJun 2024Filed 8 JulSep 2024Filed 4 OctDec 2024Filed 6 JanMar 2025Filed 7 AprJun 2025Filed 11 JulSep 2025Filed 9 OctDec 2025Filed 7 JanMar 2026Filed 6 AprJun 2026Filed 13 JulSep 2026Filed 6 Oct
83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%
Indian promoters83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%83.95%
16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%16.05%
Shares in issue8,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,0008,91,14,000
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 Gujarat State Financial corporation shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 11 JanMar 2017Filed 10 AprJun 2017Filed 13 JulSep 2017Filed 9 OctDec 2017Filed 6 JanMar 2018Filed 6 AprJun 2018Filed 5 JulSep 2018Filed 14 JanDec 2018Filed 24 JanMar 2019Filed 3 AprJun 2019Filed 1 AugSep 2019Filed 14 OctDec 2019Filed 6 JanMar 2020Filed 6 MayJun 2020Filed 9 JulSep 2020Filed 6 OctDec 2020Filed 5 JanMar 2021Filed 8 AprJun 2021Filed 9 JulSep 2021Filed 12 OctDec 2021Filed 7 JanMar 2022Filed 16 AprJun 2022Filed 8 JulSep 2022Filed 11 OctDec 2022Filed 12 JanMar 2023Filed 11 AprJun 2023Filed 6 JulSep 2023Filed 5 OctDec 2023Filed 8 JanMar 2024Filed 12 AprJun 2024Filed 8 JulSep 2024Filed 4 OctDec 2024Filed 6 JanMar 2025Filed 7 AprJun 2025Filed 11 JulSep 2025Filed 9 OctDec 2025Filed 7 JanMar 2026Filed 6 AprJun 2026Filed 13 JulSep 2026Filed 6 Oct
All shareholders8,3208,3198,3338,3448,3568,3588,3558,3518,3488,3478,3058,3438,3638,3788,4388,4688,4918,7018,9299,38811,25512,25712,42312,25212,37412,26112,15912,44512,62514,38517,78219,69122,37122,94423,12623,04423,10823,19622,64222,246
37373737373736363636252525252525252525252525252525252525252525252525252525252525
Indian promoters37373737373736363636252525252525252525252525252525252525252525252525252525252525
8,2838,2828,2968,3078,3198,3218,3198,3158,3128,3118,2808,3188,3388,3538,4138,4438,4668,6768,9049,36311,23012,23212,39812,22712,34912,23612,13412,42012,60014,36017,75719,66622,34622,91923,10123,01923,08323,17122,61722,221
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.

Gujarat State Financial corporation 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 H.E. The Governor of Gujarat, 55.09%.

Holder
H.E. The Governor of GujaratCentral and state governments55.09%4,90,90,4000
Small Industries Development Bank of IndiaIndian financial institutions and banks28.41%2,53,20,0000
Life Insurane Corporation of IndiaIndian financial institutions and banks0.11%94,0000
State Bank of IndiaIndian financial institutions and banks0.10%88,7500
Bank of BarodaIndian financial institutions and banks0.05%41,1500
Bank of IndiaIndian financial institutions and banks0.03%24,7500
Uco BankIndian financial institutions and banks0.03%27,3500
Dena BankIndian financial institutions and banks0.03%27,9500
Central Bank of IndiaIndian financial institutions and banks0.02%14,7500
Union Bank of IndiaIndian financial institutions and banks0.02%14,7500
Punjab National BankIndian financial institutions and banks0.01%12,2500
Canara BankIndian financial institutions and banks0.01%5,0000
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 Gujarat State Financial corporation, filing by filing

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

HolderDec 2016Filed 11 JanMar 2017Filed 10 AprJun 2017Filed 13 JulSep 2017Filed 9 OctDec 2017Filed 6 JanMar 2018Filed 6 AprJun 2018Filed 5 JulSep 2018Filed 14 JanDec 2018Filed 24 JanMar 2019Filed 3 AprJun 2019Filed 1 AugSep 2019Filed 14 OctDec 2019Filed 6 JanMar 2020Filed 6 MayJun 2020Filed 9 JulSep 2020Filed 6 OctDec 2020Filed 5 JanMar 2021Filed 8 AprJun 2021Filed 9 JulSep 2021Filed 12 OctDec 2021Filed 7 JanMar 2022Filed 16 AprJun 2022Filed 8 JulSep 2022Filed 11 OctDec 2022Filed 12 JanMar 2023Filed 11 AprJun 2023Filed 6 JulSep 2023Filed 5 OctDec 2023Filed 8 JanMar 2024Filed 12 AprJun 2024Filed 8 JulSep 2024Filed 4 OctDec 2024Filed 6 JanMar 2025Filed 7 AprJun 2025Filed 11 JulSep 2025Filed 9 OctDec 2025Filed 7 JanMar 2026Filed 6 AprJun 2026Filed 13 JulSep 2026Filed 6 Oct
Gujarat Maritime BoardCompanies1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%
Gujarat State Fertilizers & Chemicals LtdState governments1.05%1.05%1.05%1.05%1.05%1.05%1.05%–––––––––––––––––––––––––––––1.05%1.05%1.05%1.05%
Gujarat Mineral Dev Corporation LtdGovernment-promoted companies–––1.05%––––1.05%1.05%1.05%1.05%1.05%1.05%––––––––––––––––––––––1.05%1.05%1.05%1.05%
Gujarat State Investments LtdCompanies1.05%–1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%
Gujarat Mineral Development Corpn LtdGovernment-promoted companies–1.05%––1.05%–1.05%–––––––––––1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%––––
Gujarat State Fert and Chem LtdGovernment-promoted companies––––––––1.05%1.05%1.05%1.05%1.05%–1.05%1.05%1.05%1.05%–––––1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%––––
Gujarat State Fert Anad Chem LtdCentral Government Or State Government SOr President Of India––––––––––––––––––1.05%1.05%1.05%1.05%1.05%–––––––––––––––––
Gujarat Mineral Development Corp LtdCentral Government Or State Government SOr President Of India––––––––––––––1.05%1.05%1.05%1.05%––––––––––––––––––––––
Gujarat State Fer and Chem LtdCentral Government Or State Government SOr President Of India–––––––––––––1.05%––––––––––––––––––––––––––
Gujarat Mineral Development Corporation LtdCentral Government Or State Government SOr President Of India–––––––1.05%––––––––––––––––––––––––––––––––
Gujarat State Fer. & Chemcials LtdCentral Government Or State Government SOr President Of India–––––––1.05%––––––––––––––––––––––––––––––––
GMDC LtdCentral Government Or State Government SOr President Of India1.05%––––1.05%––––––––––––––––––––––––––––––––––
Gujarat Mineral Dev Corpn LtdCentral Government Or State Government SOr President Of India––1.05%–––––––––––––––––––––––––––––––––––––
Gujarat State Inviestment LtdCentral Government Or State Government SOr President Of India–1.05%––––––––––––––––––––––––––––––––––––––
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.