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Maxgrow India shareholders and shareholding pattern

BSE: 521167Consumer DurablesSmall Cap

Last close ₹195.35down ₹3.95 (1.98%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹199.30.

52-week range of traded prices to 23 Oct 2026
₹23.97Low, 27 Oct 2025₹207.50High, 19 Oct 2026
Market cap
₹780 Cr2,375th largest listed
P/E
Earlier quarters restated in the year
P/B
0.4
Dividend yield
Nonein the last 12 months
ROCE
0.0%
Debt to equity
0.00
Volume, BSE
797

Who owns Maxgrow India, 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

  • Promoters90.00%
  • Indian institutionsNone
  • Individuals and others10.00%

Shareholding pattern, per cent, from Dec 2020

  • Promoters
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 18 JanMar 2017Filed 13 AprJun 2017Filed 17 JulSep 2017Filed 12 OctDec 2017Filed 22 JanMar 2018Filed 21 AprJun 2018Filed 27 DecSep 2018Filed 27 DecDec 2018Filed 19 JanMar 2019Filed 19 AprJun 2019Filed 19 JulSep 2019Filed 4 NovDec 2019Filed 14 JanMar 2020Filed 15 MayJun 2020Filed 23 JulSep 2020Filed 19 OctDec 2020Filed 5 JulMar 2021Filed 5 JulJun 2021Filed 5 JulSep 2021Filed 5 JulDec 2021Filed 5 JulMar 2022Filed 5 JulJun 2022Filed 5 JulSep 2022Filed 5 JulDec 2022Filed 5 JulMar 2023Filed 5 JulJun 2023Filed 5 JulSep 2023Filed 5 JulDec 2023Filed 5 JulMar 2024Filed 5 JulJun 2024Filed 10 JanSep 2024Filed 10 JanDec 2024Filed 23 JanMar 2025Filed 21 AprJun 2025Filed 22 JulSep 2025Filed 6 AprDec 2025Filed 26 MarMar 2026Filed 18 AprJun 2026Filed 20 JulSep 2026Filed 5 Oct
16.12%16.12%16.12%16.12%16.12%16.12%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%92.82%92.82%92.82%92.82%92.82%92.82%92.82%90.00%
Indian promoters16.12%16.12%16.12%16.12%16.12%16.12%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%16.22%––92.82%–––––
Foreign promoters––––––––––––––––––––––––––––––––92.82%92.82%–92.82%92.82%92.82%92.82%90.00%
83.88%83.88%83.88%83.88%83.88%83.88%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%83.78%7.18%7.18%7.18%7.18%7.18%7.18%7.18%10.00%
Shares in issue2,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,27,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0782,13,24,0783,99,45,0653,99,45,0653,99,45,0653,99,45,0653,99,45,0653,99,45,0653,99,45,0653,99,45,065
Shares locked in––––––––––––––––––––––––––––––––––3,70,76,0723,70,76,0723,70,76,0723,59,50,5593,59,50,559–
Promoters' shares locked in––––––––––––––––––––––––––––––––––3,70,76,0723,70,76,0723,70,76,0723,59,50,5593,59,50,559–
Filings before Dec 2020 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 Maxgrow India shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 18 JanMar 2017Filed 13 AprJun 2017Filed 17 JulSep 2017Filed 12 OctDec 2017Filed 22 JanMar 2018Filed 21 AprJun 2018Filed 27 DecSep 2018Filed 27 DecDec 2018Filed 19 JanMar 2019Filed 19 AprJun 2019Filed 19 JulSep 2019Filed 4 NovDec 2019Filed 14 JanMar 2020Filed 15 MayJun 2020Filed 23 JulSep 2020Filed 19 OctDec 2020Filed 5 JulMar 2021Filed 5 JulJun 2021Filed 5 JulSep 2021Filed 5 JulDec 2021Filed 5 JulMar 2022Filed 5 JulJun 2022Filed 5 JulSep 2022Filed 5 JulDec 2022Filed 5 JulMar 2023Filed 5 JulJun 2023Filed 5 JulSep 2023Filed 5 JulDec 2023Filed 5 JulMar 2024Filed 5 JulJun 2024Filed 10 JanSep 2024Filed 10 JanDec 2024Filed 23 JanMar 2025Filed 21 AprJun 2025Filed 22 JulSep 2025Filed 6 AprDec 2025Filed 26 MarMar 2026Filed 18 AprJun 2026Filed 20 JulSep 2026Filed 5 Oct
All shareholders9,7849,7889,7099,6409,5259,5149,4549,4549,4509,4279,3909,4049,4069,4029,3829,3969,4059,3959,4339,4339,4319,4309,4289,4259,4259,4219,4149,4129,4119,4089,4099,4048,8098,8252,3692,3332,2932,7473,1744,266
4444441111111111111111111111111111111111
Indian promoters44444411111111111111111111111111––1–––––
Foreign promoters––––––––––––––––––––––––––––––––11–11111
9,7809,7849,7059,6369,5219,5109,4539,4539,4499,4269,3899,4039,4059,4019,3819,3959,4049,3949,4329,4329,4309,4299,4279,4249,4249,4209,4139,4119,4109,4079,4089,4038,8088,8242,3682,3322,2922,7463,1734,265
Filings before Dec 2020 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.

Maxgrow India 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 Metal Industrial Pte. Limited, 90.00%.Promoter buying and selling

Holder
Metal Industrial Pte. LimitedForeign companies and others90.00%3,59,50,559
No promoter shares are reported as pledged.

Largest public holders of Maxgrow India, filing by filing

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

HolderDec 2016Filed 18 JanMar 2017Filed 13 AprJun 2017Filed 17 JulSep 2017Filed 12 OctDec 2017Filed 22 JanMar 2018Filed 21 AprJun 2018Filed 27 DecSep 2018Filed 27 DecDec 2018Filed 19 JanMar 2019Filed 19 AprJun 2019Filed 19 JulSep 2019Filed 4 NovDec 2019Filed 14 JanMar 2020Filed 15 MayJun 2020Filed 23 JulSep 2020Filed 19 OctDec 2020Filed 5 JulMar 2021Filed 5 JulJun 2021Filed 5 JulSep 2021Filed 5 JulDec 2021Filed 5 JulMar 2022Filed 5 JulJun 2022Filed 5 JulSep 2022Filed 5 JulDec 2022Filed 5 JulMar 2023Filed 5 JulJun 2023Filed 5 JulSep 2023Filed 5 JulDec 2023Filed 5 JulMar 2024Filed 5 JulJun 2024Filed 10 JanSep 2024Filed 10 JanDec 2024Filed 23 JanMar 2025Filed 21 AprJun 2025Filed 22 JulSep 2025Filed 6 AprDec 2025Filed 26 MarMar 2026Filed 18 AprJun 2026Filed 20 JulSep 2026Filed 5 Oct
Sadhana Uday ChourasiaNon-resident Indians–––––––––––––––––––––––––––––––––––––––2.73%
Irfan Fakhri KarimiResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––––1.19%
Montex Trading Private LimitedCompanies––––––––––––––––––––––––––––––––1.62%3.23%5.00%5.00%5.00%2.86%2.86%–
Manoj Kumar BankaResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––1.25%––
Pragma Global Trade LimitedCompanies––––––––––––––––––––––––––––––––1.77%1.77%––––––
Ushdev Metals and Minerals Pvt LtdCompanies––––––––––––––––––––––––––––––––1.62%–––––––
Rising Commmotrade Private LimitedCompanies–––––––––––––––––22.15%22.16%22.16%22.16%22.16%22.16%22.16%22.16%22.16%22.16%22.16%22.16%22.16%22.16%22.16%––––––––
Swarandeep Singh DhodiResident individuals, over ₹2 lakh at face value––––––––1.17%1.41%1.80%1.91%2.41%2.45%2.62%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%2.81%––––––––
Varsha DeshmukhResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––––––––2.14%2.14%––––––––
Sunil Kantilal ShahResident individuals, over ₹2 lakh at face value–1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%1.90%––––––––
Kokila Anil ShahResident individuals, over ₹2 lakh at face value––––––––1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%––––––––
Davinder PahujaResident individuals, over ₹2 lakh at face value–––––––––––1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%1.03%––––––––
Gopal Girdharilaji SardaResident individuals, over ₹2 lakh at face value–––––––––––––––––1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%––––––––
Shivajirao S JondhaleResident individuals, over ₹2 lakh at face value––––––––2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%––––––––––
Bhavin Pankaj DoshiResident individuals, over ₹2 lakh at face value––––4.24%4.70%4.70%4.70%4.70%4.70%4.70%4.70%4.70%4.70%4.70%4.70%4.70%–––––––––––––––––––––––
Darshan Kirtikumar ShahResident individuals, over ₹2 lakh at face value–––1.41%4.69%4.69%4.69%4.69%4.69%4.69%4.69%4.69%4.69%4.69%4.69%4.69%4.69%–––––––––––––––––––––––
Mittal Darshan ShahResident individuals, over ₹2 lakh at face value–––1.93%2.87%3.34%3.34%3.34%3.34%3.34%3.34%3.34%3.34%3.34%3.34%3.34%3.34%–––––––––––––––––––––––
Kirtikumar Chunilal ShahResident individuals, over ₹2 lakh at face value––––––––2.58%2.58%2.58%2.58%2.58%2.58%2.58%2.58%2.58%–––––––––––––––––––––––
Bharat SoniResident individuals, over ₹2 lakh at face value––––––––––––––––1.81%–––––––––––––––––––––––
Amrapali B DoshiResident individuals, over ₹2 lakh at face value–––1.74%1.74%1.74%1.74%1.74%1.74%1.74%1.74%1.74%1.74%1.74%1.74%1.74%1.74%–––––––––––––––––––––––
Pankaj C Doshi Huf .Other non-institutions–––––1.36%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%–––––––––––––––––––––––
Mukesh Chandulal Doshi Huf .Other non-institutions–––––1.36%1.36%1.36%1.36%1.36%1.36%1.36%1.36%1.36%1.36%1.36%1.36%–––––––––––––––––––––––
TARABEN CHANDULAL DOSHIResident individuals, over ₹2 lakh at face value––––1.90%2.37%2.37%2.37%2.37%2.37%2.37%2.37%2.37%2.37%2.37%2.37%––––––––––––––––––––––––
SUNIL BANSILAL RAISONIResident individuals, over ₹2 lakh at face value––––––––1.81%1.81%1.81%1.81%1.81%1.81%1.81%1.81%––––––––––––––––––––––––
GLOBE FINCAP LIMITEDOther non-institutions1.07%1.07%1.07%–1.07%1.07%1.07%1.07%1.07%1.07%1.07%–––––––––––––––––––––––––––––
KIRTIKUMAR SHAHResident individuals, over ₹2 lakh at face value––––2.34%2.34%2.58%2.58%––––––––––––––––––––––––––––––––
SHIVAJIRAO JONDHALEResident individuals, over ₹2 lakh at face value2.14%2.14%2.14%2.14%2.14%2.14%2.14%2.14%––––––––––––––––––––––––––––––––
SUNIL RAISONIResident individuals, over ₹2 lakh at face value1.10%1.10%1.10%1.10%2.50%2.03%1.81%1.81%––––––––––––––––––––––––––––––––
KOKILA A SHAHResident individuals, over ₹2 lakh at face value1.30%1.30%1.30%1.30%1.30%1.30%1.30%1.30%––––––––––––––––––––––––––––––––
KOMAL SAMANTResident individuals, over ₹2 lakh at face value1.74%1.74%1.74%1.74%1.83%–––––––––––––––––––––––––––––––––––
CAFÉ 9 MEDIA HUB PVT LTDOther non-institutions2.81%2.81%2.81%2.81%1.64%–––––––––––––––––––––––––––––––––––
SURMANI CONTENT DEVELOPERS LLPOther non-institutions1.64%1.64%1.64%1.64%1.64%–––––––––––––––––––––––––––––––––––
PUNE E STOCK BROKING PVT LTD - CLIENTOther non-institutions–––3.87%––––––––––––––––––––––––––––––––––––
BLACKGOLD MEDIA ENTERTAINMENT LLPOther non-institutions–––3.07%––––––––––––––––––––––––––––––––––––
GEDALIA MULTITRADING PVT LTDOther non-institutions–––2.43%––––––––––––––––––––––––––––––––––––
BHAVIN SURESHBHAI THAKKARResident individuals, over ₹2 lakh at face value––4.69%2.34%––––––––––––––––––––––––––––––––––––
SHREENATH FINSTOCK PVT LTDOther non-institutions–––2.13%––––––––––––––––––––––––––––––––––––
BLACKGOLD MACHINING WORKS PVT LTDOther non-institutions7.67%7.67%7.67%–––––––––––––––––––––––––––––––––––––
VIOLET MEDIA PVT LTDOther non-institutions6.32%6.32%6.32%–––––––––––––––––––––––––––––––––––––
FRESHLINE MEDIA PRODUCTION PVT LTDOther non-institutions3.92%3.92%3.92%–––––––––––––––––––––––––––––––––––––
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. The 40 holders most recently named are shown, of 44 holders the filings name.