Modern Shares and Stockbrokers shareholders and shareholding pattern

BSE: 509760FinanceSmall Cap

₹31.50₹0.15 (0.48%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹31.35.

52-week range of traded prices to 23 Oct 2026

₹24.70Low, 5 Mar 2026₹49.57High, 9 Sep 2026

Under BSE's graded surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
Next results date: the board meets on 30 Oct 2026 to consider: quarterly results.

Market cap: ₹9.23 Cr4,664th largest listed
P/E: 84.9
P/B: 0.7
Dividend yield: Nonein the last 12 months
ROE: 0.8%
ROCE: 1.6%
Debt to equity: 0.02
Volume, BSE: 103

Who owns Modern Shares and Stockbrokers, 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

Promoters72.83%
GovernmentsNone
Individuals and others27.17%

Shareholding pattern, per cent, from Sep 2022

Promoters
Governments
Individuals and others

Per cent	Dec 2016Filed 6 Jan	Mar 2017Filed 7 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 11 Apr	Jun 2018Filed 13 Jul	Sep 2018Filed 10 Oct	Dec 2018Filed 10 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 5 Nov	Dec 2019Filed 7 Jan	Mar 2020Filed 12 May	Jun 2020Filed 13 Jul	Sep 2020Filed 8 Oct	Dec 2020Filed 13 Jan	Mar 2021Filed 9 Apr	Jun 2021Filed 7 Jul	Sep 2021Filed 7 Oct	Dec 2021Filed 5 Jan	Mar 2022Filed 7 Apr	Jun 2022Filed 5 Jul	Sep 2022Filed 7 Oct	Dec 2022Filed 9 Jan	Mar 2023Filed 10 Apr	Jun 2023Filed 7 Jul	Sep 2023Filed 9 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 9 Apr	Jun 2024Filed 9 Jul	Sep 2024Filed 7 Oct	Dec 2024Filed 8 Jan	Mar 2025Filed 9 Apr	Jun 2025Filed 8 Jul	Sep 2025Filed 8 Oct	Dec 2025Filed 5 Jan	Mar 2026Filed 8 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 6 Oct
	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%
Indian promoters	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%	72.83%
	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.25%	0.18%	0.18%	–	–	–	–	–	–	–	–	–	–	–	–	–
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.25%	0.18%	0.18%	–	–	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	26.91%	26.91%	26.99%	26.99%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%	27.17%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.03%	14.06%	14.13%	14.13%	13.97%	14.00%	13.97%	13.93%	13.85%	13.86%	14.63%	14.64%	14.35%	14.36%	14.31%	12.88%	13.00%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.41%	3.41%	3.41%	3.41%	3.41%	–	–	–	–	–	–	–	9.91%	–	–	1.45%	1.48%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.14%	0.14%	0.14%	0.14%	0.12%	0.12%	0.12%	0.05%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.06%	0.06%	0.06%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.29%	7.29%	7.29%	7.30%	7.30%	10.72%	10.72%	10.73%	10.74%	10.74%	9.92%	9.91%	–	9.91%	9.91%	9.91%	9.92%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.31%	1.31%	1.31%	1.31%	1.57%	1.57%	1.57%	1.57%	1.76%	1.76%	1.76%	1.76%	2.03%	2.03%	2.03%	2.03%	2.03%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.69%	0.66%	0.66%	0.66%	0.76%	0.73%	0.76%	0.85%	0.75%	0.74%	0.80%	0.79%	0.81%	0.80%	0.82%	0.80%	0.64%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.67%	0.65%	0.65%	0.64%	0.75%	0.69%	0.73%	0.82%	0.73%	0.72%	0.78%	0.76%	0.77%	0.77%	0.79%	0.77%	0.61%
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	Under 0.01%	0.01%	0.01%
Shares in issue	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125	29,31,125

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 Modern Shares and Stockbrokers shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 6 Jan	Mar 2017Filed 7 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 11 Apr	Jun 2018Filed 13 Jul	Sep 2018Filed 10 Oct	Dec 2018Filed 10 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 5 Nov	Dec 2019Filed 7 Jan	Mar 2020Filed 12 May	Jun 2020Filed 13 Jul	Sep 2020Filed 8 Oct	Dec 2020Filed 13 Jan	Mar 2021Filed 9 Apr	Jun 2021Filed 7 Jul	Sep 2021Filed 7 Oct	Dec 2021Filed 5 Jan	Mar 2022Filed 7 Apr	Jun 2022Filed 5 Jul	Sep 2022Filed 7 Oct	Dec 2022Filed 9 Jan	Mar 2023Filed 10 Apr	Jun 2023Filed 7 Jul	Sep 2023Filed 9 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 9 Apr	Jun 2024Filed 9 Jul	Sep 2024Filed 7 Oct	Dec 2024Filed 8 Jan	Mar 2025Filed 9 Apr	Jun 2025Filed 8 Jul	Sep 2025Filed 8 Oct	Dec 2025Filed 5 Jan	Mar 2026Filed 8 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 6 Oct
All shareholders	1,130	1,129	1,114	1,111	972	952	951	942	929	923	921	918	899	894	893	871	867	866	871	874	1,094	1,320	1,374	1,353	1,335	1,425	1,527	1,761	2,060	2,213	2,272	2,474	2,795	2,926	2,924	2,918	2,922	2,963	3,025	3,069
	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	9	9	9	9	9	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8
Indian promoters	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	9	9	9	9	9	8	8	8	8	8	8	8	8	8	8	8	8	8	8	8
	1,120	1,119	1,104	1,101	962	942	941	932	919	913	911	908	889	884	883	861	857	856	861	864	1,085	1,311	1,365	1,344	1,326	1,417	1,519	1,753	2,052	2,205	2,264	2,466	2,787	2,918	2,916	2,910	2,914	2,955	3,017	3,061
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,343	1,325	1,416	1,518	1,753	2,052	2,205	2,264	2,466	2,787	2,918	2,916	2,910	2,914	2,955	3,017	3,061
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,289	1,272	1,362	1,465	1,704	2,001	2,153	2,211	2,415	2,732	2,866	2,864	2,856	2,860	2,901	2,959	3,004
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–	–	–	–	–	–	–	11	–	–	2	2
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11	11	11	11	9	9	9	8	6	6	6	6	6	6	7	7	8
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	10	10	11	10	11	9	11	11	13	12	11	–	11	11	11	12
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30	29	30	28	27	29	32	32	32	34	32	33	35	35	34	36	33
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	2	1	1	1	1	1	1	1	1	1	2	2	2	3	3
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25	24	24	23	22	23	26	27	27	29	27	26	27	27	27	27	25
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	3	3	2	2	2	2	3	3	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	2	3	3

Modern Shares and Stockbrokers 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 Bhagwanti Exports Private Limited, 36.68%.

Holder
Bhagwanti Exports Private LimitedIndian companies, trusts and others	36.68%	10,75,075
Anil S ManghnaniIndividuals and Hindu undivided families	15.52%	4,55,010
Narendra H Advani (NR NR)Individuals and Hindu undivided families	14.90%	4,36,699
Ghansham ShewakramaniIndividuals and Hindu undivided families	1.69%	49,600
Bright Lands Hotel Private LimitedIndian companies, trusts and others	1.69%	49,600
Meena ShewakramaniIndividuals and Hindu undivided families	1.12%	32,700
Shalini Advani (NR NR)Individuals and Hindu undivided families	0.65%	19,100
Monish Ghansham ShewakramaniIndividuals and Hindu undivided families	0.58%	17,000

No promoter shares are reported as pledged.

Largest public holders of Modern Shares and Stockbrokers, filing by filing

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

Holder	Dec 2016Filed 6 Jan	Mar 2017Filed 7 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 13 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 11 Apr	Jun 2018Filed 13 Jul	Sep 2018Filed 10 Oct	Dec 2018Filed 10 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 5 Nov	Dec 2019Filed 7 Jan	Mar 2020Filed 12 May	Jun 2020Filed 13 Jul	Sep 2020Filed 8 Oct	Dec 2020Filed 13 Jan	Mar 2021Filed 9 Apr	Jun 2021Filed 7 Jul	Sep 2021Filed 7 Oct	Dec 2021Filed 5 Jan	Mar 2022Filed 7 Apr	Jun 2022Filed 5 Jul	Sep 2022Filed 7 Oct	Dec 2022Filed 9 Jan	Mar 2023Filed 10 Apr	Jun 2023Filed 7 Jul	Sep 2023Filed 9 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 9 Apr	Jun 2024Filed 9 Jul	Sep 2024Filed 7 Oct	Dec 2024Filed 8 Jan	Mar 2025Filed 9 Apr	Jun 2025Filed 8 Jul	Sep 2025Filed 8 Oct	Dec 2025Filed 5 Jan	Mar 2026Filed 8 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 6 Oct
Kamal Ramesh DhanwaniNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%
Angelina Vivek DaswaniNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%
Lal Hariram GanwaniNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	2.61%	2.61%	2.61%	2.61%	2.61%	2.61%	2.61%
Investor Education and Protection Fund AuthorityInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.03%	2.03%	2.03%	2.03%	2.03%
Mohan ChattaramResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	–	–	–	–	–	–	–	–	–	–	–	–
Deepak KohliResident individuals, over ₹2 lakh at face value	1.46%	–	1.56%	1.56%	1.56%	–	1.69%	1.70%	1.70%	1.70%	1.70%	1.70%	–	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.20%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
DEEPAL KOHLIResident individuals, over ₹2 lakh at face value	–	1.46%	–	–	–	1.69%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.