Motilal Oswal Financial Services shareholders and shareholding pattern

NSE: MOTILALOFSBSE: 532892Capital MarketsMid Cap

₹925.80₹51.20 (5.24%)BSE ₹925.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹977.00.

52-week range of traded prices to 23 Oct 2026

₹614.90Low, 23 Mar 2026₹1,097.10High, 28 Oct 2025

Next results date: the board meets on 29 Oct 2026 to consider: financial results and fund raising.

Market cap: ₹55,824 Cr199th largest listed
P/E: 28.2
P/B: 4.3
Dividend yield: 0.65%
ROE: 16.5%
ROCE: 11.7%
Debt to equity: 1.64
Volume, NSE: 10,27,83933.5% delivered

Who owns Motilal Oswal Financial 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

Promoters66.71%
Foreign institutions6.71%
Indian institutions7.28%
GovernmentsNone
Individuals and others19.31%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Dec 2016Filed 19 Jan	Mar 2017Filed 20 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 17 Oct	Dec 2017Filed 18 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 27 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 18 Jan	Mar 2019Filed 18 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 11 May	Jun 2020Filed 11 Aug	Sep 2020Filed 19 Oct	Dec 2020Filed 13 Jan	Mar 2021Filed 14 Apr	Jun 2021Filed 20 Jul	Sep 2021Filed 20 Oct	Dec 2021Filed 20 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 21 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 13 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 18 Jul	Sep 2023Filed 18 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 4 Apr	Jun 2024Filed 20 Jul	Sep 2024Filed 17 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 19 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 21 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 19 Oct
	71.31%	70.86%	70.75%	70.74%	70.73%	70.55%	70.55%	70.32%	70.30%	70.29%	70.12%	69.92%	69.57%	69.76%	69.80%	70.32%	70.49%	70.66%	70.61%	70.48%	70.40%	69.50%	69.50%	69.58%	69.47%	69.68%	69.66%	69.53%	69.39%	69.16%	69.04%	68.86%	68.71%	68.44%	67.80%	67.69%	67.62%	67.54%	67.20%	66.71%
Indian promoters	71.31%	70.86%	70.75%	70.74%	70.73%	70.55%	70.55%	70.32%	70.30%	70.29%	70.12%	69.92%	69.57%	69.76%	69.80%	70.32%	70.49%	70.66%	70.61%	70.48%	70.40%	69.50%	69.50%	69.58%	69.47%	69.68%	69.66%	69.53%	69.39%	69.16%	69.04%	68.86%	68.71%	68.44%	67.80%	67.69%	67.62%	67.54%	67.20%	66.71%
	28.69%	29.14%	29.25%	29.26%	29.27%	29.45%	29.45%	29.68%	29.70%	29.71%	29.88%	30.08%	30.43%	30.24%	30.20%	29.68%	29.51%	29.34%	29.39%	29.52%	29.60%	30.50%	30.50%	30.42%	30.53%	30.32%	30.34%	30.47%	30.61%	30.84%	30.96%	31.14%	31.29%	31.56%	32.20%	32.31%	32.38%	32.46%	32.80%	33.29%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.29%	7.35%	6.47%	6.41%	6.29%	6.48%	6.73%	6.46%	6.34%	5.89%	6.01%	7.29%	7.52%	6.93%	7.04%	6.86%	6.71%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	7.35%	5.97%	5.83%	5.78%	5.92%	6.05%	5.88%	5.72%	5.35%	5.46%	6.59%	6.77%	6.30%	6.36%	6.33%	6.18%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.29%	0.00%	0.50%	0.58%	0.51%	0.56%	0.68%	0.58%	0.62%	0.53%	0.55%	0.70%	0.75%	0.63%	0.67%	0.53%	0.53%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	Under 0.01%	0.00%	0.00%	0.00%	Under 0.01%	0.00%	0.00%	0.00%	Under 0.01%	–	–	Under 0.01%	Under 0.01%	0.00%	0.00%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.02%	5.96%	6.28%	6.11%	6.28%	6.76%	6.94%	6.07%	6.40%	6.39%	5.71%	5.44%	5.84%	6.42%	6.02%	6.78%	7.28%
Mutual funds	1.42%	1.51%	1.48%	0.77%	0.61%	0.25%	0.21%	0.12%	0.96%	1.52%	1.55%	1.64%	3.08%	4.17%	4.66%	4.48%	4.31%	4.41%	3.20%	1.97%	2.82%	3.59%	3.99%	4.96%	5.89%	6.19%	5.99%	5.95%	6.35%	6.45%	5.57%	5.96%	5.84%	5.12%	4.79%	5.12%	5.48%	4.94%	5.47%	5.39%
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	0.01%	0.01%	0.02%	0.05%	0.02%	0.03%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	0.02%	0.05%	0.11%	0.10%	0.13%	0.21%	0.32%	0.23%	0.23%	0.15%	0.22%	0.55%	0.87%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	0.00%	Under 0.01%
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	0.37%	0.41%	0.41%	0.42%
Alternative investment funds	–	–	–	0.07%	0.09%	0.09%	0.10%	0.09%	–	–	–	0.05%	0.11%	0.18%	0.09%	0.09%	0.07%	0.05%	0.05%	0.05%	0.05%	0.03%	0.04%	0.04%	0.06%	0.09%	0.12%	0.31%	0.36%	0.38%	0.39%	0.32%	0.34%	0.25%	0.40%	0.47%	0.42%	0.45%	0.33%	0.57%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	0.02%	0.02%	0.02%	Under 0.01%	Under 0.01%	0.02%	0.02%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	0.00%	0.00%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	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%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.11%	17.22%	17.57%	17.82%	17.90%	17.37%	17.16%	18.43%	18.39%	19.01%	19.83%	19.47%	18.95%	19.02%	19.41%	19.16%	19.31%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.11%	7.00%	7.15%	7.20%	7.34%	7.02%	6.88%	6.37%	6.47%	7.31%	8.14%	7.90%	7.51%	7.53%	7.87%	7.64%	7.36%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.15%	2.15%	2.15%	2.29%	2.30%	2.21%	2.09%	3.42%	3.31%	3.05%	2.96%	2.88%	2.85%	2.79%	2.86%	2.81%	3.27%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.58%	0.72%	0.70%	0.68%	0.63%	0.57%	0.67%	0.77%	0.81%	0.86%	0.94%	0.97%	0.90%	1.03%	1.08%	1.07%	1.14%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.34%	0.38%	0.44%	0.47%	0.51%	0.51%	0.52%	0.54%	0.53%	0.57%	0.60%	0.60%	0.60%	0.59%	0.64%	0.69%	0.66%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	6.58%	6.58%	6.58%	6.58%	6.59%	6.57%	6.56%	6.53%	6.50%	6.50%	6.49%	6.50%	6.49%	6.47%	6.45%	6.44%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.03%	0.03%	0.04%	0.04%	0.04%	0.04%	0.05%	0.05%	0.05%	0.05%	0.08%	0.08%	0.07%	0.07%	0.07%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.89%	0.35%	0.52%	0.58%	0.49%	0.41%	0.38%	0.71%	0.68%	0.66%	0.63%	0.56%	0.51%	0.50%	0.40%	0.41%	0.34%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	0.01%	0.02%	0.01%	0.01%	0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.20%	0.23%	0.24%	0.26%	0.24%	0.22%	0.23%	0.26%	0.26%	0.28%	0.30%	0.31%	0.29%	0.29%	0.29%	0.29%	0.29%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	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%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.10%	0.26%	0.30%	0.24%	0.17%	0.12%	0.45%	0.42%	0.37%	0.33%	0.24%	0.20%	0.19%	0.09%	0.11%	0.04%
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.59%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–	Under 0.01%	–	–
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Shares in issue	14,35,25,725	14,44,57,476	14,46,77,483	14,47,00,783	14,47,20,783	14,50,83,558	14,50,83,558	14,55,53,383	14,55,92,483	14,56,80,358	14,60,17,740	14,72,54,032	14,79,98,193	14,80,66,718	14,79,78,092	14,68,88,536	14,65,37,324	14,66,20,374	14,67,30,874	14,69,91,224	14,71,76,074	14,90,62,919	14,90,62,919	14,76,39,324	14,78,75,116	14,79,47,126	14,79,51,126	14,82,37,485	14,85,30,616	14,90,07,291	59,70,43,612	59,85,74,276	59,92,78,608	59,93,13,828	59,95,10,682	60,05,09,232	60,11,31,194	60,18,60,072	60,21,46,704	60,29,77,213
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	12,79,692	14,82,628	13,30,928	13,30,928	2,02,936	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–	–

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. Pledged is the share of the promoters' own shares given to lenders as security. 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 Motilal Oswal Financial Services shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 19 Jan	Mar 2017Filed 20 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 17 Oct	Dec 2017Filed 18 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 27 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 18 Jan	Mar 2019Filed 18 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 11 May	Jun 2020Filed 11 Aug	Sep 2020Filed 19 Oct	Dec 2020Filed 13 Jan	Mar 2021Filed 14 Apr	Jun 2021Filed 20 Jul	Sep 2021Filed 20 Oct	Dec 2021Filed 20 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 21 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 13 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 18 Jul	Sep 2023Filed 18 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 4 Apr	Jun 2024Filed 20 Jul	Sep 2024Filed 17 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 19 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 21 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 19 Oct
All shareholders	14,168	14,727	20,176	22,661	24,724	29,094	31,286	32,933	32,856	32,191	30,097	29,887	32,547	33,106	33,997	35,906	36,980	39,759	57,275	92,430	73,103	70,575	91,816	66,605	70,230	69,663	68,944	63,583	61,732	67,231	1,35,984	1,63,551	2,26,754	2,87,331	2,60,286	2,41,297	2,38,488	2,41,961	2,25,318	2,11,800
	17	17	17	17	17	17	17	17	17	17	17	17	19	19	19	19	19	20	20	20	20	20	20	20	21	21	22	22	22	24	24	24	24	24	24	24	24	24	24	15
Indian promoters	17	17	17	17	17	17	17	17	17	17	17	17	19	19	19	19	19	20	20	20	20	20	20	20	21	21	22	22	22	24	24	24	24	24	24	24	24	24	24	15
	14,151	14,710	20,159	22,644	24,707	29,077	31,269	32,916	32,839	32,174	30,080	29,870	32,528	33,087	33,978	35,887	36,961	39,739	57,255	92,410	73,083	70,555	91,796	66,585	70,209	69,642	68,922	63,561	61,710	67,207	1,35,960	1,63,527	2,26,730	2,87,307	2,60,262	2,41,273	2,38,464	2,41,937	2,25,294	2,11,785
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	148	137	131	119	133	169	203	221	256	268	258	248	251	256	227	214	213
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	137	121	110	123	154	180	193	225	238	226	223	223	230	202	193	191
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	148	0	9	9	10	15	22	28	31	30	31	25	28	25	24	21	22
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	0	0	0	1	0	0	0	1	–	–	1	1	0	0
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12	13	14	15	16	25	34	38	39	56	61	72	74	74	75	72	84
Mutual funds	13	17	16	15	9	6	7	6	4	6	7	8	10	12	10	10	7	9	10	10	10	11	8	6	9	9	9	7	11	12	13	18	24	26	29	30	29	28	28	32
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	2	1	2	1	1	0	0	0	1	2	5	5	5	7	12	14	13	14	13	12	14
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	1	0	0	0	0	0	0	–	–	–	–	–	0	1
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	1	1	1	1
Alternative investment funds	–	–	–	2	2	2	2	2	–	–	–	2	4	4	3	3	3	2	2	3	3	2	1	1	2	3	3	6	11	15	18	14	21	18	25	28	29	32	29	34
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	2	2	2	1	1	2	2	2	4	5	4	3	1	1	2	2
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	0	0	0	1	0	0	0	0	0	–	–	–	–	–	0	0
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	–	–	–	–	1	1	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	–	–	–	–	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	66,425	70,059	69,497	68,788	63,412	61,516	66,970	1,35,701	1,63,232	2,26,406	2,86,988	2,59,942	2,40,948	2,38,134	2,41,634	2,25,007	2,11,487
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	63,438	66,884	66,270	65,615	60,366	58,441	63,447	1,30,261	1,56,537	2,17,528	2,77,275	2,49,628	2,30,447	2,27,410	2,30,632	2,14,228	2,00,648
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	7	7	7	7	29	29	27	27	26	28	28	29	29	38
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	362	398	396	388	393	417	543	703	892	1,159	1,068	1,307	1,315	1,363	1,289	1,249	1,418
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,142	1,208	1,240	1,225	1,260	1,294	1,573	2,437	3,155	4,335	4,821	5,252	5,503	5,614	5,900	5,813	5,873
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	2	2	2	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,475	1,558	1,580	1,548	1,381	1,351	1,394	2,265	2,613	3,351	3,791	3,723	3,649	3,713	3,778	3,682	3,504
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	40	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	35	21	23	9	6	7	6	10	10	12	12	9	42	39	34	29	35
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,395	1,485	1,507	1,485	1,321	1,281	1,304	2,156	2,473	3,169	3,634	3,522	3,396	3,457	3,546	3,435	3,380
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	3	3	2	2	4	8	5	7	8	9	6	6	7
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	50	48	52	51	60	82	96	126	162	140	185	203	208	191	212	82
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	1	–	–

Motilal Oswal Financial 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 Raamdeo Ramgopal Agarawal, 20.68%. The filing names 2 more members with no shares.Promoter buying and selling

Holder
Raamdeo Ramgopal AgarawalIndividuals and Hindu undivided families	20.68%	12,46,97,260
Motilal Oswal Family TrustIndian companies, trusts and others	20.59%	12,41,81,133
Vaibhav Raamdeo AgrawalIndian companies, trusts and others	5.12%	3,08,70,096
Pratik Motilal OswalIndian companies, trusts and others	4.46%	2,68,92,103
Suneeta Raamdeo AgrawalIndian companies, trusts and others	4.23%	2,54,87,508
Raamdeo Agarwal HUFIndian companies, trusts and others	2.98%	1,79,73,056
Motilal Gopilal OswalIndividuals and Hindu undivided families	2.24%	1,35,12,716
Vimla Motilal OswalIndian companies, trusts and others	1.49%	90,02,516
Pratik Ranjit MehtaIndian companies, trusts and others	1.48%	89,40,828
Natasha Aniruddha MalpaniIndian companies, trusts and others	1.47%	88,76,828
Pratiksha Pratik MehtaIndian companies, trusts and others	1.47%	88,76,828
Vedika Vaibhav AgrawalIndian companies, trusts and others	0.33%	20,00,000
Dhairya AgrawalIndian companies, trusts and others	0.15%	9,00,000
Motilal Gopilal Oswal-HUFIndian companies, trusts and others	0.00%	3,468
OSAG Enterprises LLPIndian companies, trusts and others	0.00%	8,000

No promoter shares are reported as pledged.

Largest public holders of Motilal Oswal Financial Services, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Motilal Oswal Financial Services

Holder	Dec 2016Filed 19 Jan	Mar 2017Filed 20 Apr	Jun 2017Filed 14 Jul	Sep 2017Filed 17 Oct	Dec 2017Filed 18 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 27 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 18 Jan	Mar 2019Filed 18 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 11 May	Jun 2020Filed 11 Aug	Sep 2020Filed 19 Oct	Dec 2020Filed 13 Jan	Mar 2021Filed 14 Apr	Jun 2021Filed 20 Jul	Sep 2021Filed 20 Oct	Dec 2021Filed 20 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 21 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 13 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 18 Jul	Sep 2023Filed 18 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 4 Apr	Jun 2024Filed 20 Jul	Sep 2024Filed 17 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 19 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 21 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 13 Jul	Sep 2026Filed 19 Oct
Navin AgrawalDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.07%	5.06%
Rajat RajgarhiaDirectors and their relatives	1.23%	1.29%	1.26%	1.22%	1.19%	1.18%	1.19%	1.20%	1.20%	1.17%	1.19%	1.18%	1.18%	1.18%	1.18%	1.19%	1.19%	1.19%	–	–	–	1.17%	1.17%	1.17%	1.17%	1.17%	1.17%	1.18%	1.18%	1.17%	1.17%	1.16%	1.15%	1.15%	1.15%	1.13%	1.13%	1.11%	1.11%	1.11%
Navin AgarwalDirectors and their relatives	5.44%	5.40%	5.26%	4.84%	4.84%	4.83%	4.83%	4.81%	4.81%	4.81%	4.80%	4.76%	4.98%	4.98%	4.98%	5.02%	5.26%	5.25%	–	–	–	5.17%	5.17%	5.17%	5.16%	5.16%	5.16%	5.15%	5.14%	5.12%	5.12%	5.10%	5.10%	5.10%	5.09%	5.09%	5.08%	5.07%	–	–
Timf HoldingsForeign portfolio investors, category I	1.30%	1.29%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.05%	1.05%	1.05%	1.05%	1.04%	1.04%	1.03%	1.03%	1.03%	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–
Franklin Templeton Investment FundsForeign portfolio investors, category II	3.02%	2.98%	2.52%	2.52%	2.18%	2.18%	1.77%	1.89%	2.53%	2.82%	2.82%	2.79%	2.18%	2.09%	2.09%	1.87%	1.84%	1.84%	1.84%	1.62%	1.61%	1.19%	1.19%	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mr. Navin AgarwalOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.25%	5.24%	5.23%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mr. Rajat RajgarhiaOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.19%	1.19%	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Df International PartnersInstitutions Foreign Portfolio Investor	–	–	–	–	–	1.48%	1.75%	1.74%	1.74%	1.74%	1.69%	1.68%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Steadview Capital Mauritius LimitedInstitutions Foreign Portfolio Investor	–	–	–	1.08%	1.16%	1.16%	1.32%	1.65%	1.65%	1.55%	1.53%	1.46%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Jp Morgan Indian Investment Company (Mauritius) LimitedInstitutions Foreign Portfolio Investor	1.45%	1.45%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Armor Qualified, LpInstitutions Foreign Portfolio Investor	1.32%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.