- 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.
- ₹7,705 Cr698th 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.
- Owners' profit not stated
- 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 22 May 2026
- 3.2
- 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
- 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 14 Aug 2026
- −0.3%
- 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 22 May 2026
- 0.75
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 81,92941.3% delivered
Who owns Max Estates, filing by filing
Per cent of the company's shares. Every filing on record, from Dec 2023; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters45.23%
- Foreign institutions26.34%
- Indian institutions8.74%
- Individuals and others19.69%
Shareholding pattern, per cent
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2023Filed 16 Jan | Mar 2024Filed 12 Apr | Jun 2024Filed 18 Jul | Sep 2024Filed 9 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 17 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 16 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 16 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 9 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49.51% | 49.51% | 49.42% | 45.26% | 45.25% | 45.25% | 45.24% | 45.24% | 44.91% | 45.27% | 45.26% | 45.23% | |
| Indian promoters | 49.51% | 49.51% | 49.42% | 45.26% | 45.25% | 45.25% | 45.24% | 45.24% | 44.91% | 45.27% | 45.26% | 45.23% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 50.49% | 50.49% | 50.58% | 54.74% | 54.75% | 54.75% | 54.76% | 54.76% | 55.09% | 54.73% | 54.74% | 54.77% |
| Shares in issue | 14,71,34,544 | 14,71,34,544 | 14,74,08,912 | 16,09,51,092 | 16,09,94,400 | 16,10,00,084 | 16,10,28,235 | 16,10,46,444 | 16,22,31,894 | 16,34,45,483 | 16,34,97,270 | 16,35,79,866 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | 0 | 0 | 0 | 3,52,32,869 | 3,52,32,869 | 0 | – | – | 11,41,552 | 22,83,104 | 11,41,552 | 3,63,53,207 |
| Promoters' shares locked in | 0 | 0 | 0 | 3,46,69,346 | 3,46,69,346 | 0 | – | – | – | 11,41,552 | 11,41,552 | 3,63,53,207 |
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.
Max Estates 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 MAX VENTURES INVESTMENT HOLDINGS(P) LTD., 21.89%. The filing names 55 more members with no shares.Promoter buying and selling
| Holder | |||
|---|---|---|---|
| MAX VENTURES INVESTMENT HOLDINGS(P) LTD.Indian companies, trusts and others | 21.89% | 3,58,10,898 | 100.00% |
| SIVA FINVEST PRIVATE LIMITED (formerly known as Siva Enterprises Private Limited)Indian companies, trusts and others | 20.78% | 3,39,91,966 | 0.00% |
| NEELU ANALJIT SINGHIndividuals and Hindu undivided familiesHindu undivided family. A family the tax law treats as one holder: property held in the family's name, shared by its members and managed by one of them. | 2.19% | 35,76,581 | 0.00% |
| ANALJIT SINGHIndividuals and Hindu undivided families | 0.27% | 4,42,401 | 100.00% |
| RAVI VACHANIIndividuals and Hindu undivided families | 0.04% | 73,477 | 0.00% |
| PIYA SINGHIndividuals and Hindu undivided families | 0.03% | 52,407 | 100.00% |
| TARA SINGH VACHANIIndividuals and Hindu undivided families | 0.03% | 47,501 | 100.00% |
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.
Largest public holders of Max Estates, filing by filing
Per cent, on the same shares as the split above.Mutual funds holding Max Estates
| Holder | Dec 2023Filed 16 Jan | Mar 2024Filed 12 Apr | Jun 2024Filed 18 Jul | Sep 2024Filed 9 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 17 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 16 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 16 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 9 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEW YORK LIFE INTERNATIONAL HOLDINGS LTDForeign direct investment | 21.26% | 21.26% | 21.22% | 19.44% | 19.43% | 19.43% | 19.43% | 19.42% | 19.28% | 19.14% | 19.13% | 19.12% |
| HABROK INDIA MASTER LPForeign portfolio investors, category I | – | – | – | – | – | – | 1.01% | 1.03% | 1.07% | 1.37% | 1.37% | 1.83% |
| INDIA INSIGHT VALUE FUNDForeign portfolio investors, category I | 2.12% | 2.12% | 2.04% | 1.80% | 1.80% | 1.80% | 1.71% | 1.70% | 1.68% | 1.67% | 1.67% | 1.67% |
| ATUL BEHARI LALLDirectors and their relatives | – | – | 1.75% | 1.60% | 1.60% | 1.60% | 1.60% | 1.60% | 1.59% | 1.58% | 1.58% | 1.58% |
| NEW YORK LIFE INSURANCE COMPANYForeign portfolio investors, category I | 1.41% | 1.41% | 1.41% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | 1.28% | 1.27% | 1.27% | 1.27% |
| SUNIL VACHANIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 1.05% | 1.04% | 1.04% | 1.04% |
| FE SECURITIES PVTOther non-institutions | 1.05% | 1.05% | 1.04% | – | – | – | – | – | – | – | – | – |
| ATUL B LALLDirectors and their relatives | 1.75% | 1.75% | – | – | – | – | – | – | – | – | – | – |
| FIRST SENTIER INVESTORS ICVC-FSSA ASIA FOCUS FUNDForeign portfolio investors, category I | 1.65% | – | – | – | – | – | – | – | – | – | – | – |
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. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.