Incredible Industries shareholders and shareholding pattern
NSE: INCREDIBLEBSE: 538365Industrial ProductsSmall Cap
Formerly Adhunik Industries
Last close ₹29.21down ₹1.36 (4.45%)BSE ₹29.15
Share price at the NSE close on 23 Oct 2026. Previous close ₹30.57.
52-week range of traded prices to 23 Oct 2026
₹28.10Low, 30 Mar 2026₹47.95High, 3 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹137 Cr2,536th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 10 Aug 2026
- 11.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 10 Aug 2026
- 7.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 10 Aug 2026
- 9.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 0.21
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,78664.1% delivered
Who owns Incredible Industries, 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
- Promoters74.96%
- Foreign institutionsNone
- Individuals and others25.04%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Individuals and others
| Per cent | Dec 2016Filed 10 Jan | Mar 2017Filed 5 Apr | Jun 2017Filed 8 Jul | Sep 2017Filed 10 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 10 Apr | Jun 2018Filed 7 Jul | Sep 2018Filed 11 Oct | Dec 2018Filed 8 Jan | Mar 2019Filed 11 Apr | Jun 2019Filed 20 Jul | Sep 2019Filed 14 Oct | Dec 2019Filed 6 Jan | Mar 2020Filed 11 Apr | Jun 2020Filed 13 Jul | Sep 2020Filed 12 Oct | Dec 2020Filed 5 Jan | Mar 2021Filed 5 Apr | Jun 2021Filed 12 Jul | Sep 2021Filed 5 Oct | Dec 2021Filed 7 Jan | Mar 2022Filed 11 Apr | Jun 2022Filed 7 Jul | Sep 2022Filed 14 Oct | Dec 2022Filed 10 Jan | Mar 2023Filed 8 Apr | Jun 2023Filed 7 Jul | Sep 2023Filed 10 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 5 Apr | Jun 2024Filed 11 Jul | Sep 2024Filed 8 Oct | Dec 2024Filed 9 Jan | Mar 2025Filed 9 Apr | Jun 2025Filed 18 Jul | Sep 2025Filed 18 Oct | Dec 2025Filed 14 Jan | Mar 2026Filed 13 Apr | Jun 2026Filed 13 Jul | Sep 2026Filed 13 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | |
| Indian promoters | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% | 25.04% |
| Promoter shares pledgedShare of the promoters' own shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.04% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 68.03% | 0.00% | 0.00% | 0.00% | 0.00% |
| Shares in issue | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 | 4,67,63,750 |
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.
Incredible Industries 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 MAHANANDA SUPPLIERS LIMITED, 35.50%. The filing names 11 more members with no shares.Promoter buying and selling
| Holder | ||
|---|---|---|
| MAHANANDA SUPPLIERS LIMITEDIndian companies, trusts and others | 35.50% | 1,66,00,000 |
| SUNGROWTH SHARE AND STOCKS LIMITEDIndian companies, trusts and others | 31.83% | 1,48,83,750 |
| Late Meena AgarwalIndividuals and Hindu undivided families | 1.20% | 5,60,500 |
| Vaibhav AgarwalIndividuals and Hindu undivided families | 1.12% | 5,24,000 |
| Sonika AgarwalIndividuals and Hindu undivided families | 1.10% | 5,16,550 |
| Sachin Kumar AgarwalIndividuals and Hindu undivided families | 1.06% | 4,94,500 |
| Aakarsh AgarwalIndividuals and Hindu undivided families | 1.05% | 4,89,000 |
| Chirag AgarwalIndividuals and Hindu undivided families | 0.94% | 4,41,500 |
| Chandrakanta AgarwalIndividuals and Hindu undivided families | 0.73% | 3,40,000 |
| Rita AgarwalIndividuals and Hindu undivided families | 0.16% | 75,000 |
| Jugal Kishore Agarwal HUF (Karta- Jugal Kishore Agarwal)Individuals and Hindu undivided families | 0.11% | 50,000 |
| Mayank AgarwalIndividuals and Hindu undivided families | 0.11% | 52,500 |
No promoter shares are reported as pledged.
Largest public holders of Incredible Industries, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 10 Jan | Mar 2017Filed 5 Apr | Jun 2017Filed 8 Jul | Sep 2017Filed 10 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 10 Apr | Jun 2018Filed 7 Jul | Sep 2018Filed 11 Oct | Dec 2018Filed 8 Jan | Mar 2019Filed 11 Apr | Jun 2019Filed 20 Jul | Sep 2019Filed 14 Oct | Dec 2019Filed 6 Jan | Mar 2020Filed 11 Apr | Jun 2020Filed 13 Jul | Sep 2020Filed 12 Oct | Dec 2020Filed 5 Jan | Mar 2021Filed 5 Apr | Jun 2021Filed 12 Jul | Sep 2021Filed 5 Oct | Dec 2021Filed 7 Jan | Mar 2022Filed 11 Apr | Jun 2022Filed 7 Jul | Sep 2022Filed 14 Oct | Dec 2022Filed 10 Jan | Mar 2023Filed 8 Apr | Jun 2023Filed 7 Jul | Sep 2023Filed 10 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 5 Apr | Jun 2024Filed 11 Jul | Sep 2024Filed 8 Oct | Dec 2024Filed 9 Jan | Mar 2025Filed 9 Apr | Jun 2025Filed 18 Jul | Sep 2025Filed 18 Oct | Dec 2025Filed 14 Jan | Mar 2026Filed 13 Apr | Jun 2026Filed 13 Jul | Sep 2026Filed 13 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VRINDAVAN ADVISORY SERVICES LLPOther non-institutions | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% | 9.27% |
| ADMIRABLE ADVISORY SERVICES LLPOther non-institutions | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% | 2.92% |
| DEEPAK HOTILAL THAKURResident individuals, over ₹2 lakh at face value | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% | 2.50% |
| MUNESH HOTILAL THAKURResident individuals, over ₹2 lakh at face value | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% |
| VEDANTA RESOURCES PRIVATE LIMITEDOther non-institutions | – | – | – | 1.50% | 1.50% | – | 1.38% | 1.38% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VEDANTA RESOURCES RIVATE LIMITEDOther non-institutions | – | – | – | – | – | 1.50% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TISTA TRADELINKS PRIVATE LIMITEDOther non-institutions | 3.70% | 2.95% | 2.51% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| AVANTIKA ADVISORY SERVICES LLPOther non-institutions | 2.57% | 2.88% | 2.44% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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.