Karma Energy shareholders and shareholding pattern

NSE: KARMAENGBSE: 533451PowerSmall Cap

₹31.86₹0.61 (1.88%)BSE ₹32.40

Share price at the NSE close on 23 Oct 2026. Previous close ₹32.47.

52-week range of traded prices to 23 Oct 2026

₹31.43Low, 22 Oct 2026₹60.87High, 23 Oct 2025

Market cap: ₹37 Cr3,422nd largest listed
P/E: 41.8
P/B: 0.9
Dividend yield: Nonein the last 12 months
ROE: 2.2%
ROCE: −10.0%
Debt to equity: 0.02
Volume, NSE: 93581.4% delivered

Who owns Karma Energy, 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

Promoters74.70%
Foreign institutionsNone
GovernmentsNone
Individuals and others25.30%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Governments
Individuals and others

Per cent	Dec 2016Filed 9 Jan	Mar 2017Filed 10 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 10 Apr	Jun 2018Filed 13 Jul	Sep 2018Filed 13 Oct	Dec 2018Filed 8 Jan	Mar 2019Filed 3 May	Jun 2019Filed 20 Jul	Sep 2019Filed 17 Oct	Dec 2019Filed 15 Jan	Mar 2020Filed 9 Jun	Jun 2020Filed 16 Jul	Sep 2020Filed 7 Oct	Dec 2020Filed 11 Jan	Mar 2021Filed 16 Apr	Jun 2021Filed 9 Jul	Sep 2021Filed 11 Oct	Dec 2021Filed 14 Jan	Mar 2022Filed 9 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 18 Oct	Dec 2022Filed 10 Jan	Mar 2023Filed 20 Apr	Jun 2023Filed 14 Jul	Sep 2023Filed 18 Oct	Dec 2023Filed 16 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 17 Jul	Sep 2024Filed 15 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 12 Jan	Mar 2026Filed 10 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 13 Oct
	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%
Indian promoters	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%
	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25.30%	25.29%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.43%	13.64%	11.91%	11.73%	11.52%	12.56%	12.99%	14.46%	14.71%	13.59%	14.55%	14.75%	15.59%	15.63%	15.57%	15.70%	15.72%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.58%	1.32%	1.32%	1.32%	1.36%	1.33%	1.13%	1.39%	1.13%	1.12%	0.20%	0.39%	0.40%	0.40%	0.40%	0.42%	0.42%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.04%	3.04%	4.76%	4.75%	4.86%	4.02%	3.81%	2.01%	2.35%	2.51%	2.57%	2.15%	1.85%	1.85%	1.88%	1.77%	1.76%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.48%	0.51%	0.48%	0.46%	0.53%	0.52%	0.60%	0.64%	0.61%	0.63%	0.57%	0.56%	0.57%	0.56%	0.56%	0.56%	0.57%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.16%	2.16%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.13%	2.11%	2.11%	2.11%	2.11%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.28%	4.28%	4.28%	4.28%	4.28%	4.28%	4.28%	4.28%	4.03%	4.95%	4.89%	4.55%	4.38%	4.38%	4.38%	4.38%	4.38%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.33%	0.35%	0.40%	0.62%	0.61%	0.43%	0.34%	0.38%	0.33%	0.36%	0.37%	0.75%	0.38%	0.38%	0.42%	0.36%	0.34%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	Under 0.01%	0.01%	0.01%	Under 0.01%	0.01%	Under 0.01%	0.01%	Under 0.01%	0.01%	0.01%	0.40%	0.03%	Under 0.01%	0.01%	0.01%	0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.31%	0.35%	0.39%	0.61%	0.60%	0.43%	0.34%	0.36%	0.32%	0.34%	0.37%	0.34%	0.35%	0.37%	0.41%	0.36%	0.33%
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–
Shares in issue	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918

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 Karma Energy shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 9 Jan	Mar 2017Filed 10 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 10 Apr	Jun 2018Filed 13 Jul	Sep 2018Filed 13 Oct	Dec 2018Filed 8 Jan	Mar 2019Filed 3 May	Jun 2019Filed 20 Jul	Sep 2019Filed 17 Oct	Dec 2019Filed 15 Jan	Mar 2020Filed 9 Jun	Jun 2020Filed 16 Jul	Sep 2020Filed 7 Oct	Dec 2020Filed 11 Jan	Mar 2021Filed 16 Apr	Jun 2021Filed 9 Jul	Sep 2021Filed 11 Oct	Dec 2021Filed 14 Jan	Mar 2022Filed 9 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 18 Oct	Dec 2022Filed 10 Jan	Mar 2023Filed 20 Apr	Jun 2023Filed 14 Jul	Sep 2023Filed 18 Oct	Dec 2023Filed 16 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 17 Jul	Sep 2024Filed 15 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 12 Jan	Mar 2026Filed 10 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 13 Oct
All shareholders	8,810	8,899	8,925	8,837	8,779	8,673	8,628	8,568	7,058	7,012	6,953	6,939	6,752	6,697	6,718	6,544	6,567	6,780	7,022	7,464	7,484	7,722	7,838	7,993	7,993	7,769	7,630	7,716	8,314	8,749	9,465	10,940	11,162	11,339	11,539	11,745	11,403	11,232	11,114	11,053
	21	21	21	21	21	21	20	20	20	19	19	19	19	18	18	18	17	17	17	17	17	17	17	17	17	17	17	15	15	15	15	15	15	15	15	15	15	15	15	15
Indian promoters	21	21	21	21	21	21	20	20	20	19	19	19	19	18	18	18	17	17	17	17	17	17	17	17	17	17	17	15	15	15	15	15	15	15	15	15	15	15	15	15
	8,789	8,878	8,904	8,816	8,758	8,652	8,608	8,548	7,038	6,993	6,934	6,920	6,733	6,679	6,700	6,526	6,550	6,763	7,005	7,447	7,467	7,705	7,821	7,976	7,976	7,752	7,613	7,701	8,299	8,734	9,450	10,925	11,147	11,324	11,524	11,730	11,388	11,217	11,099	11,038
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,975	7,974	7,751	7,612	7,700	8,298	8,733	9,449	10,924	11,146	11,323	11,523	11,729	11,387	11,216	11,098	11,037
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,760	7,764	7,534	7,400	7,491	8,079	8,522	9,232	10,700	10,909	11,088	11,279	11,478	11,138	10,969	10,849	10,791
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	4	4	4	4	4	3	4	3	3	1	2	2	2	2	2	2
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	32	33	35	34	33	33	29	30	33	34	33	37	40	39	35	36	36
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	85	86	86	88	90	101	96	103	107	109	110	108	107	105	108	109	110
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	4	4	4	4	4	4	4	4
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	90	84	89	83	79	78	80	77	78	86	86	92	97	98	97	97	93
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	3	5	4	2	3	2	2	2	3	3	4	8	5	4	4	4
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	82	80	83	78	76	75	78	75	76	83	83	88	89	92	93	93	89
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–

Karma Energy 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 Kotta Enterprises Private Limited, 29.94%. The filing names 3 more members with no shares.Promoter buying and selling

Holder
Kotta Enterprises Private LimitedIndian companies, trusts and others	29.94%	34,64,348
Inspeed Power Private LimitedIndian companies, trusts and others	18.32%	21,19,442
Anju SirajIndividuals and Hindu undivided families	8.54%	9,88,097
Prabhanjan Multitrade Private LimitedIndian companies, trusts and others	8.27%	9,56,614
Dharmendra Gulabchand SirajIndividuals and Hindu undivided families	7.30%	8,44,974
Sitex India Private LimitedIndian companies, trusts and others	2.12%	2,45,308
Isha Siraj KediaIndividuals and Hindu undivided families	0.14%	16,629
Windia Infrastructure Finance LimitedIndian companies, trusts and others	0.02%	2,000
Ram Krishna Iron Works Private LimitedIndian companies, trusts and others	0.01%	1,000
Purvaja Projects LimitedIndian companies, trusts and others	0.01%	1,000
Tapi Energy Projects LimitedIndian companies, trusts and others	0.01%	1,000
Hansneel Impex Private LimitedIndian companies, trusts and others	0.01%	1,001
Weizmann Corporate Services LimitedIndian companies, trusts and others	0.01%	1,000
Weizmann LimitedIndian companies, trusts and others	0.00%	500
Arun Durgadas MehraIndividuals and Hindu undivided families	0.00%	133

No promoter shares are reported as pledged.

Largest public holders of Karma Energy, filing by filing

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

Holder	Jun 2017Filed 12 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 10 Apr	Jun 2018Filed 13 Jul	Sep 2018Filed 13 Oct	Dec 2018Filed 8 Jan	Mar 2019Filed 3 May	Jun 2019Filed 20 Jul	Sep 2019Filed 17 Oct	Dec 2019Filed 15 Jan	Mar 2020Filed 9 Jun	Jun 2020Filed 16 Jul	Sep 2020Filed 7 Oct	Dec 2020Filed 11 Jan	Mar 2021Filed 16 Apr	Jun 2021Filed 9 Jul	Sep 2021Filed 11 Oct	Dec 2021Filed 14 Jan	Mar 2022Filed 9 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 18 Oct	Dec 2022Filed 10 Jan	Mar 2023Filed 20 Apr	Jun 2023Filed 14 Jul	Sep 2023Filed 18 Oct	Dec 2023Filed 16 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 17 Jul	Sep 2024Filed 15 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 12 Jan	Mar 2026Filed 10 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 13 Oct
Investor Education and Protection Fund AuthorityInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.11%	2.11%	2.11%	2.11%
Kanan Neelkamal SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%
Meghna Neelkamal SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.95%	1.95%	1.95%	1.95%	1.95%	1.95%	1.95%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.13%	–	–	–	–
Maneka Hitesh SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	–	–	–	–	–
Mansi Hitesh SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	–	–	–	–	–
Kanan Ankit KhambhatiDirectors and their relatives	1.05%	2.20%	2.20%	2.20%	2.20%	2.20%	–	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	–	2.20%	2.20%	2.20%	2.20%	2.08%	2.08%	2.08%	–	–	–	–	–	–
Meghna Pratik DoshiDirectors and their relatives	2.20%	1.05%	1.88%	2.08%	2.08%	2.08%	–	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	–	2.08%	2.08%	2.08%	2.08%	1.95%	1.95%	–	–	–	–	–	–	–
Harichand MohanchandResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.36%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mohanchand HResident individuals, over ₹2 lakh at face value	1.04%	1.42%	1.36%	1.36%	1.36%	1.36%	–	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.