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Mufin Green Finance shareholders and shareholding pattern

NSE: MUFINBSE: 542774FinanceSmall Cap

Last close ₹128.60down ₹6.27 (4.65%)BSE ₹128.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹134.87.

52-week range of traded prices to 23 Oct 2026
₹94.11Low, 23 Oct 2025₹143.90High, 21 Oct 2026
Market cap
₹2,548 Cr1,156th largest listed
P/E
Owners' profit not stated
P/B
4.4
Dividend yield
Nonein the last 12 months
NIM
6.88%
Cost of funds
11.37%
Credit cost
0.60%
ROA
1.85%
Leverage
3.63times net worth
Volume, NSE
20,48,06526.7% delivered

Who owns Mufin Green Finance, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2019; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters47.30%
  • Foreign institutions1.80%
  • Indian institutions10.05%
  • Individuals and others40.85%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centSep 2019Filed 4 OctDec 2019Filed 13 JanMar 2020Filed 8 MayJun 2020Filed 10 JulSep 2020Filed 2 NovDec 2020Filed 14 JanMar 2021Filed 4 MayJun 2021Filed 9 JulSep 2021Filed 8 OctDec 2021Filed 13 JanMar 2022Filed 20 AprJun 2022Filed 3 AugSep 2022Filed 13 OctDec 2022Filed 14 JanMar 2023Filed 14 AprJun 2023Filed 30 JulSep 2023Filed 5 JunDec 2023Filed 17 JanMar 2024Filed 18 AprJun 2024Filed 17 JulSep 2024Filed 17 OctDec 2024Filed 20 JanMar 2025Filed 19 AprJun 2025Filed 19 JulSep 2025Filed 18 OctDec 2025Filed 20 JanMar 2026Filed 20 AprJun 2026Filed 17 JulSep 2026Filed 21 Oct
63.53%64.11%64.91%65.12%66.18%67.70%67.75%67.75%67.75%67.75%None67.75%58.18%58.18%58.18%58.18%58.18%58.18%54.77%54.51%54.51%54.35%54.31%54.20%54.20%54.11%47.30%47.30%47.30%
Indian promoters63.53%64.11%64.91%65.12%66.18%67.70%67.75%67.75%67.75%67.75%–67.75%58.18%58.18%58.18%58.18%58.18%58.18%54.77%54.51%54.51%54.35%54.31%54.20%54.20%54.11%47.30%47.30%47.30%
36.47%35.89%35.09%34.88%33.82%32.30%32.25%32.25%32.25%32.25%100.00%32.25%41.82%41.82%41.82%41.82%41.82%41.82%45.23%45.49%45.49%45.65%45.69%45.80%45.80%45.89%52.70%52.70%52.70%
Promoter shares pledgedShare of the promoters' own shares0.00%0.00%0.00%0.00%0.00%0.00%2.72%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 issue2,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,16,11,3602,51,65,8622,51,65,8622,51,65,8625,03,31,72415,09,95,17215,09,95,17216,21,05,17216,28,70,17216,28,70,17216,33,70,17216,34,90,17217,29,55,17217,29,55,17217,32,31,42319,81,62,18819,81,62,18819,81,62,188
Shares locked in––––––––––––1,81,07,1041,81,05,9891,81,05,989–05,40,0001,16,50,0001,18,75,0001,18,75,00095,35,00051,95,0001,17,80,0001,17,80,0009,75,88,55812,03,94,32311,85,60,91711,80,49,147
Promoters' shares locked in––––––––––––1,45,52,6021,45,51,4871,45,51,487–05,40,00014,70,0009,30,0009,30,0009,30,0009,30,00058,80,00058,80,0009,31,95,6129,31,95,6129,31,95,6129,31,95,612
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. “None” is a filing that names no promoter holding shares. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Mufin Green Finance shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersSep 2019Filed 4 OctDec 2019Filed 13 JanMar 2020Filed 8 MayJun 2020Filed 10 JulSep 2020Filed 2 NovDec 2020Filed 14 JanMar 2021Filed 4 MayJun 2021Filed 9 JulSep 2021Filed 8 OctDec 2021Filed 13 JanMar 2022Filed 20 AprJun 2022Filed 3 AugSep 2022Filed 13 OctDec 2022Filed 14 JanMar 2023Filed 14 AprJun 2023Filed 30 JulSep 2023Filed 5 JunDec 2023Filed 17 JanMar 2024Filed 18 AprJun 2024Filed 17 JulSep 2024Filed 17 OctDec 2024Filed 20 JanMar 2025Filed 19 AprJun 2025Filed 19 JulSep 2025Filed 18 OctDec 2025Filed 20 JanMar 2026Filed 20 AprJun 2026Filed 17 JulSep 2026Filed 21 Oct
All shareholders9,1719,0408,8898,8278,6628,5008,4719,13113,07312,19811,51110,84110,40110,48610,52111,29414,84318,85022,13325,00924,01725,50325,97126,48527,23727,35825,76724,96425,820
14141412121313131313None222222222222666666
Indian promoters14141412121313131313–222222222222666666
9,1579,0268,8758,8158,6508,4878,4589,11813,06012,18511,51110,83910,39910,48410,51911,29214,84118,84822,13125,00724,01525,50125,96926,47927,23127,35225,76124,95825,814
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. “None” is a filing that names no promoter holding shares.

Mufin Green Finance 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 Hindon Mercantile Limited, 44.53%.Promoter buying and selling

Holder
Hindon Mercantile LimitedIndian companies, trusts and others44.53%8,82,45,612100.00%
Kapil GargIndividuals and Hindu undivided families0.83%16,40,00067.07%
Pooja GargIndividuals and Hindu undivided families0.56%11,00,041100.00%
Saurabh GargIndividuals and Hindu undivided families0.56%11,00,000100.00%
Shelly GargIndividuals and Hindu undivided families0.56%11,00,000100.00%
Bimapay Technology Private LimitedIndian companies, trusts and others0.28%5,50,000100.00%
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 Mufin Green Finance, filing by filing

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

HolderSep 2019Filed 4 OctDec 2019Filed 13 JanMar 2020Filed 8 MayJun 2020Filed 10 JulSep 2020Filed 2 NovDec 2020Filed 14 JanMar 2021Filed 4 MayJun 2021Filed 9 JulSep 2021Filed 8 OctDec 2021Filed 13 JanMar 2022Filed 20 AprJun 2022Filed 3 AugSep 2022Filed 13 OctDec 2022Filed 14 JanMar 2023Filed 14 AprJun 2023Filed 30 JulSep 2023Filed 5 JunDec 2023Filed 17 JanMar 2024Filed 18 AprJun 2024Filed 17 JulSep 2024Filed 17 OctDec 2024Filed 20 JanMar 2025Filed 19 AprJun 2025Filed 19 JulSep 2025Filed 18 OctDec 2025Filed 20 JanMar 2026Filed 20 AprJun 2026Filed 17 JulSep 2026Filed 21 Oct
Incofin India Progress FundAlternative investment funds––––––––––––14.12%14.12%14.12%14.12%14.12%14.12%13.16%13.09%13.09%12.53%12.52%11.84%11.84%8.36%7.31%6.55%6.55%
Sangeetha SResident individuals, over ₹2 lakh at face value–2.43%2.43%2.43%2.43%2.43%2.43%2.43%2.43%2.42%2.41%2.41%2.05%2.05%2.05%2.05%2.04%1.99%1.84%1.84%1.84%1.83%1.83%1.73%1.73%1.73%1.51%1.51%1.51%
Investor Education and Protection FundInvestor education fund––––––––––––––––––1.74%–1.73%1.73%1.73%–––1.42%1.42%1.42%
MMG Advisors LLPCompanies–––––––––––––––––––––––––––1.29%1.29%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OFInvestor education fund––––––––––––––––––––––––1.63%1.63%–––
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITYInvestor education fund–––––––––––––––––1.87%–––––––––––
Sasmal Marcom Pvt LtdOther non-institutions1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.11%––––––––––––––––––
SUBRAMANIAN PResident individuals, over ₹2 lakh at face value2.43%––––––––––––––––––––––––––––
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.