Indbank Merchant Banking Services logo

Indbank Merchant Banking Services shareholders and shareholding pattern

NSE: INDBANKBSE: 511473Capital MarketsSmall Cap

Last close ₹23.12down ₹0.79 (3.30%)BSE ₹23.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹23.91.

52-week range of traded prices to 23 Oct 2026
₹22.65Low, 23 Oct 2026₹42.48High, 31 Oct 2025
Market cap
₹103 Cr2,606th largest listed
P/E
14.4
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
7.2%
ROCE
9.2%
Debt to equity
0.02
Volume, NSE
27,03559.6% delivered

Who owns Indbank Merchant Banking Services, 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

  • Promoters64.84%
  • Foreign institutionsNone
  • Indian institutions0.09%
  • Individuals and others35.07%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 31 JanMar 2017Filed 11 AprJun 2017Filed 10 JulSep 2017Filed 10 OctDec 2017Filed 11 JanMar 2018Filed 14 AprJun 2018Filed 17 JulSep 2018Filed 11 OctDec 2018Filed 9 JanMar 2019Filed 8 AprJun 2019Filed 3 JulSep 2019Filed 10 OctDec 2019Filed 6 JanMar 2020Filed 17 AprJun 2020Filed 8 JulSep 2020Filed 8 OctDec 2020Filed 7 JanMar 2021Filed 7 AprJun 2021Filed 6 JulSep 2021Filed 6 OctDec 2021Filed 6 JanMar 2022Filed 18 AprJun 2022Filed 15 JulSep 2022Filed 15 OctDec 2022Filed 13 JanMar 2023Filed 10 AprJun 2023Filed 18 JulSep 2023Filed 9 OctDec 2023Filed 9 JanMar 2024Filed 12 AprJun 2024Filed 15 JulSep 2024Filed 10 OctDec 2024Filed 10 JanMar 2025Filed 16 AprJun 2025Filed 10 JulSep 2025Filed 9 OctDec 2025Filed 10 JanMar 2026Filed 9 AprJun 2026Filed 6 JulSep 2026Filed 13 Oct
64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%
Indian promoters64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%64.84%
35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%35.16%
Shares in issue4,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,2004,43,78,200
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 Indbank Merchant Banking Services shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 31 JanMar 2017Filed 11 AprJun 2017Filed 10 JulSep 2017Filed 10 OctDec 2017Filed 11 JanMar 2018Filed 14 AprJun 2018Filed 17 JulSep 2018Filed 11 OctDec 2018Filed 9 JanMar 2019Filed 8 AprJun 2019Filed 3 JulSep 2019Filed 10 OctDec 2019Filed 6 JanMar 2020Filed 17 AprJun 2020Filed 8 JulSep 2020Filed 8 OctDec 2020Filed 7 JanMar 2021Filed 7 AprJun 2021Filed 6 JulSep 2021Filed 6 OctDec 2021Filed 6 JanMar 2022Filed 18 AprJun 2022Filed 15 JulSep 2022Filed 15 OctDec 2022Filed 13 JanMar 2023Filed 10 AprJun 2023Filed 18 JulSep 2023Filed 9 OctDec 2023Filed 9 JanMar 2024Filed 12 AprJun 2024Filed 15 JulSep 2024Filed 10 OctDec 2024Filed 10 JanMar 2025Filed 16 AprJun 2025Filed 10 JulSep 2025Filed 9 OctDec 2025Filed 10 JanMar 2026Filed 9 AprJun 2026Filed 6 JulSep 2026Filed 13 Oct
All shareholders43,43943,22343,33144,05335,36036,32336,15636,08936,16136,05735,89035,88735,73135,95436,53437,23137,19138,21840,10639,78140,47541,41342,49343,03144,27844,13143,62744,71043,35348,26549,98649,13251,23250,96951,23651,23150,53750,06249,52849,310
1111111111111111111111111111111111111111
Indian promoters1111111111111111111111111111111111111111
43,43843,22243,33044,05235,35936,32236,15536,08836,16036,05635,88935,88635,73035,95336,53337,23037,19038,21740,10539,78040,47441,41242,49243,03044,27744,13043,62644,70943,35248,26449,98549,13151,23150,96851,23551,23050,53650,06149,52749,309
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.

Indbank Merchant Banking Services 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 Indian Bank, 64.84%.

Holder
Indian BankIndian financial institutions and banks64.84%2,87,73,800
No promoter shares are reported as pledged.

Largest public holders of Indbank Merchant Banking Services, filing by filing

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

HolderDec 2017Filed 11 JanMar 2018Filed 14 AprJun 2018Filed 17 JulSep 2018Filed 11 OctDec 2018Filed 9 JanMar 2019Filed 8 AprJun 2019Filed 3 JulSep 2019Filed 10 OctDec 2019Filed 6 JanMar 2020Filed 17 AprJun 2020Filed 8 JulSep 2020Filed 8 OctDec 2020Filed 7 JanMar 2021Filed 7 AprJun 2021Filed 6 JulSep 2021Filed 6 OctDec 2021Filed 6 JanMar 2022Filed 18 AprJun 2022Filed 15 JulSep 2022Filed 15 OctDec 2022Filed 13 JanMar 2023Filed 10 AprJun 2023Filed 18 JulSep 2023Filed 9 OctDec 2023Filed 9 JanMar 2024Filed 12 AprJun 2024Filed 15 JulSep 2024Filed 10 OctDec 2024Filed 10 JanMar 2025Filed 16 AprJun 2025Filed 10 JulSep 2025Filed 9 OctDec 2025Filed 10 JanMar 2026Filed 9 AprJun 2026Filed 6 JulSep 2026Filed 13 Oct
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund2.40%2.40%2.40%––––––––––2.40%–––––––2.40%–––––––––––2.39%2.39%2.39%
SINGHAL SECURITIES PRIVATE LIMITEDCompanies––––––––––––––––––––––––––––––––1.01%1.01%1.01%1.01%
Investor Education and Protection Fund (IEPF)Investor education fund––––––––––––––––––––––––––––––––2.39%–––
Investor Education and Protection FundInvestor education fund–––––––––––––––––––––––2.40%––2.40%2.40%––2.40%2.40%––––
INVESTOR EDUCATION AND nPROTECTION FUND AUTHORITY nMINISTRY OF CORPORATE AFFAIRSInvestor education fund–––––––––––––––––2.40%––2.40%––––––––2.40%––––––
INVESTOR EDUCATION AND nPROTECTION FUND nMINISTRY OF CORPORATE AFFAIRSInvestor education fund––––––––––––––––––––––––––––2.40%–––––––
NVESTOR EDUCATION AND nPROTECTION FUND -nMINISTRY OF CORPORATE AFFAIRSInvestor education fund–––––––––––––––––––––––––2.40%––––––––––
Investor Education and nProtection Fund (IEPF)Investor education fund––––––––––––––––––––––––2.40%–––––––––––
IEPFInvestor education fund––––––––––––––––––––––2.40%–––––––––––––
INVESTOR EDUCATION AND nPROTECTION FUND AUTHORITYOther non-institutions––––––––––––––––––2.40%–––––––––––––––––
INVESTOR EDUCATION AND PROTECTION AUTHORITYOther non-institutions––––––––––––––2.40%2.40%2.40%–––––––––––––––––––
INVESTOR EDUCATION AND PROTECTION FUND - MINISTRY OF CORPORATE AFAIRSOther non-institutions–––––––––2.40%2.40%2.40%2.40%–––––––––––––––––––––––
IEPF Authority Ministry of Corporate AffairsOther non-institutions–––2.40%2.40%2.40%2.40%2.40%2.40%–––––––––––––––––––––––––––
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.