Incap shareholders and shareholding pattern

BSE: 517370Electrical EquipmentSmall Cap

₹66.64₹2.66 (3.84%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹69.30.

52-week range of traded prices to 23 Oct 2026

₹64.00Low, 12 Feb 2026₹116.90High, 31 Oct 2025

Next results date: the board meets on 31 Oct 2026 to consider: quarterly results.

Market cap: ₹34 Cr3,620th largest listed
P/E: 230.8
P/B: 2.1
Dividend yield: 1.50%
ROE: 0.9%
ROCE: 2.7%
Debt to equity: 0.05
Volume, BSE: 96

Who owns Incap, 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

Promoters66.91%
Indian institutionsNone
Individuals and others33.09%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
Individuals and others

Per cent	Dec 2016Filed 11 Jan	Mar 2017Filed 12 Apr	Jun 2017Filed 10 Jul	Sep 2017Filed 6 Oct	Dec 2017Filed 9 Jan	Mar 2018Filed 12 Apr	Jun 2018Filed 11 Jul	Sep 2018Filed 8 Oct	Dec 2018Filed 7 Jan	Mar 2019Filed 10 Apr	Jun 2019Filed 12 Jul	Sep 2019Filed 9 Oct	Dec 2019Filed 8 Jan	Mar 2020Filed 14 Apr	Jun 2020Filed 3 Jul	Sep 2020Filed 12 Oct	Dec 2020Filed 4 Jan	Mar 2021Filed 10 Apr	Jun 2021Filed 9 Jul	Sep 2021Filed 9 Oct	Dec 2021Filed 6 Jan	Jun 2022Filed 9 Jul	Sep 2022Filed 7 Oct	Dec 2022Filed 5 Jan	Mar 2023Filed 18 Apr	Jun 2023Filed 11 Jul	Dec 2023Filed 6 Jan	Mar 2024Filed 5 Apr	Jun 2024Filed 5 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 9 Apr	Jun 2025Filed 27 Oct	Sep 2025Filed 13 Oct	Dec 2025Filed 9 Jan	Mar 2026Filed 13 Apr	Jun 2026Filed 9 Jul	Sep 2026Filed 12 Oct
	73.18%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	64.55%	64.55%	64.68%	64.92%	65.15%	65.49%	65.50%	66.17%	66.23%	66.32%	66.41%	66.49%	66.50%	66.50%	66.53%	66.62%	66.68%	66.73%	66.89%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%
Indian promoters	73.18%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	64.55%	64.55%	64.68%	64.92%	65.15%	65.49%	65.50%	66.17%	66.23%	66.32%	66.41%	66.49%	66.50%	66.50%	66.53%	66.62%	66.68%	66.73%	–	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	66.89%	–	–	–	–	–	–	–	–	–	–	–
	26.82%	26.70%	26.70%	26.70%	26.70%	26.70%	26.70%	26.70%	35.45%	35.45%	35.32%	35.08%	34.85%	34.51%	34.50%	33.83%	33.77%	33.68%	33.59%	33.51%	33.50%	33.50%	33.47%	33.38%	33.32%	33.27%	33.11%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Mutual funds	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%	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	33.47%	33.38%	33.31%	33.27%	33.11%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.33%	16.22%	16.18%	16.14%	17.56%	18.42%	18.47%	18.52%	18.46%	18.41%	17.25%	17.29%	17.35%	16.97%	17.02%	16.71%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	12.03%	12.03%	12.42%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.64%	0.63%	0.62%	0.61%	0.90%	0.76%	0.75%	0.75%	0.77%	0.74%	0.75%	0.62%	0.62%	0.56%	0.56%	0.55%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.73%	3.74%	3.74%	3.75%	1.88%	1.14%	1.10%	1.05%	1.09%	1.17%	1.31%	1.26%	1.26%	0.40%	0.40%	0.40%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.10%	2.10%	2.10%	2.10%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	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%	1.01%	1.16%	1.10%	1.05%	1.00%	0.92%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	–	–	–	–	–	–
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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.16%	1.10%	1.04%	1.00%	0.92%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Shares in issue	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200

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 Incap shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 11 Jan	Mar 2017Filed 12 Apr	Jun 2017Filed 10 Jul	Sep 2017Filed 6 Oct	Dec 2017Filed 9 Jan	Mar 2018Filed 12 Apr	Jun 2018Filed 11 Jul	Sep 2018Filed 8 Oct	Dec 2018Filed 7 Jan	Mar 2019Filed 10 Apr	Jun 2019Filed 12 Jul	Sep 2019Filed 9 Oct	Dec 2019Filed 8 Jan	Mar 2020Filed 14 Apr	Jun 2020Filed 3 Jul	Sep 2020Filed 12 Oct	Dec 2020Filed 4 Jan	Mar 2021Filed 10 Apr	Jun 2021Filed 9 Jul	Sep 2021Filed 9 Oct	Dec 2021Filed 6 Jan	Jun 2022Filed 9 Jul	Sep 2022Filed 7 Oct	Dec 2022Filed 5 Jan	Mar 2023Filed 18 Apr	Jun 2023Filed 11 Jul	Dec 2023Filed 6 Jan	Mar 2024Filed 5 Apr	Jun 2024Filed 5 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 9 Apr	Jun 2025Filed 27 Oct	Sep 2025Filed 13 Oct	Dec 2025Filed 9 Jan	Mar 2026Filed 13 Apr	Jun 2026Filed 9 Jul	Sep 2026Filed 12 Oct
All shareholders	2,960	2,942	2,991	3,011	2,572	2,678	2,666	2,628	2,624	2,598	2,560	2,526	2,484	2,449	2,435	2,407	2,409	2,378	2,408	2,516	2,599	2,654	2,739	2,772	2,739	2,729	2,939	3,410	3,387	3,440	3,481	3,480	3,346	3,450	3,375	3,333	3,260	3,224
	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Indian promoters	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	–	5	5	5	5	5	5	5	5	5	5	5
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	–	–	–	–	–	–	–	–	–	–	–
	2,955	2,937	2,986	3,006	2,567	2,673	2,661	2,623	2,619	2,593	2,555	2,521	2,479	2,444	2,430	2,402	2,404	2,373	2,403	2,511	2,594	2,649	2,734	2,767	2,734	2,724	2,934	3,405	3,382	3,435	3,476	3,475	3,341	3,445	3,370	3,328	3,255	3,219
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Mutual funds	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,733	2,766	2,733	2,723	2,933	3,404	3,381	3,434	3,475	3,474	3,340	3,444	3,369	3,327	3,254	3,218
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,684	2,720	2,690	2,679	2,890	3,362	3,338	3,389	3,431	3,432	3,235	3,339	3,266	3,227	3,154	3,117
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	6	6	7
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	20	18	17	16	16	17	18	19	20	18	19	20	21	21	20	21
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	19	19	19	21	20	18	18	19	17	17	21	21	21	18	18	18
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	4	2	2	2	2	2	2	2	2	60	59	56	54	55	54
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	3	1	1	1	1	1	–	1	1	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	–	1	1	1	1	1	1	1	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	58	57	54	52	53	52
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1

Incap 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 NEELIMA CHALLAGULLA, 24.15%.Promoter buying and selling

Holder
NEELIMA CHALLAGULLAIndividuals and Hindu undivided families	24.15%	12,39,523	11,32,856
BHAGAVANTHA RAO CHALLAGULLAIndividuals and Hindu undivided families	21.75%	11,16,626	10,09,959
PAMULAPATI HIMA BINDUIndividuals and Hindu undivided families	12.63%	6,48,399	5,41,733
C LALITHA KUMARIIndividuals and Hindu undivided families	7.19%	3,69,045	2,62,378
RAMRAO PATURUIndividuals and Hindu undivided families	1.19%	60,933	7,600

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 Incap, filing by filing

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

Holder	Dec 2016Filed 11 Jan	Mar 2017Filed 12 Apr	Jun 2017Filed 10 Jul	Sep 2017Filed 6 Oct	Dec 2017Filed 9 Jan	Mar 2018Filed 12 Apr	Jun 2018Filed 11 Jul	Sep 2018Filed 8 Oct	Dec 2018Filed 7 Jan	Mar 2019Filed 10 Apr	Jun 2019Filed 12 Jul	Sep 2019Filed 9 Oct	Dec 2019Filed 8 Jan	Mar 2020Filed 14 Apr	Jun 2020Filed 3 Jul	Sep 2020Filed 12 Oct	Dec 2020Filed 4 Jan	Mar 2021Filed 10 Apr	Jun 2021Filed 9 Jul	Sep 2021Filed 9 Oct	Dec 2021Filed 6 Jan	Jun 2022Filed 9 Jul	Sep 2022Filed 7 Oct	Dec 2022Filed 5 Jan	Mar 2023Filed 18 Apr	Jun 2023Filed 11 Jul	Dec 2023Filed 6 Jan	Mar 2024Filed 5 Apr	Jun 2024Filed 5 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 9 Apr	Jun 2025Filed 27 Oct	Sep 2025Filed 13 Oct	Dec 2025Filed 9 Jan	Mar 2026Filed 13 Apr	Jun 2026Filed 9 Jul	Sep 2026Filed 12 Oct
GUDAPATI RAMESHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund	–	–	–	–	–	–	2.10%	–	–	–	–	–	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	–	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%
ANIL GURMUKH BHAGWANINon-resident Indians	3.26%	3.26%	3.26%	3.26%	3.26%	–	3.26%	–	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	–	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	1.44%	–	–	–	–	–	–	–	–	–	–	–
INVESTOR EDUCTION AND PROTECTION FUND AUTHORITYOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	2.10%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ANIL GURMUKH BHAGWANI 1202350000015961Other non-institutions	–	–	–	–	–	3.26%	–	3.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.