Munish Forge logo

Munish Forge shareholders and shareholding pattern

NSE: MUNISHIndustrial Products

Last close ₹80.00down ₹3.00 (3.61%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹83.00.

52-week range of traded prices to 23 Oct 2026
₹50.20Low, 19 Mar 2026₹143.00High, 23 Oct 2025
Market cap
₹193 Cr
P/E
19.1
P/B
1.5
Dividend yield
Nonein the last 12 months
ROE
8.0%
ROCE
9.6%
Debt to equity
0.44
Volume, NSE
4,800100.0% delivered

Who owns Munish Forge, filing by filing

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

Sep 2026 filing

  • Promoters68.01%
  • Foreign institutions0.57%
  • Indian institutions0.48%
  • Individuals and others30.94%

Shareholding pattern, per cent

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centMar 2026Filed 13 AprSep 2026Filed 19 Oct
68.01%68.01%
Indian promoters68.01%68.01%
31.99%31.99%
Shares in issue2,40,70,2632,40,70,263
Shares locked in1,63,69,8631,63,69,863
Promoters' shares locked in1,63,69,8611,63,69,861
A dash is a line the filing did not state.

Number of Munish Forge shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersMar 2026Filed 13 AprSep 2026Filed 19 Oct
All shareholders527516
66
Indian promoters66
521510
A dash is a line the filing did not state.

Munish Forge 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 DAVINDER BHASIN, 45.87%. The filing names 24 more members with no shares.

Holder
DAVINDER BHASINIndividuals and Hindu undivided families45.87%1,10,41,330100.00%
MUNISH PROMOTERS AND DEVELOPERS PRIVATE LIMITEDIndian companies, trusts and others8.24%19,83,305100.00%
DEV ARJUNA ENTERPRISES PRIVATE LIMITEDIndian companies, trusts and others5.53%13,32,000100.00%
MINAKSHI BHASINIndividuals and Hindu undivided families4.41%10,61,225100.00%
DEV ARJUN BHASINIndividuals and Hindu undivided families3.96%9,52,000100.00%
VISHESH KUMARIndividuals and Hindu undivided families0.00%1100.00%
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 Munish Forge, filing by filing

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

HolderMar 2026Filed 13 AprSep 2026Filed 19 Oct
NNM SecuritiesCompanies3.35%2.56%
Prafful AgarwalResident individuals, over ₹2 lakh at face value–1.70%
Shreya YadavNon-resident Indians1.62%1.62%
NNM Nextgen Advisory Private LimitedCompanies2.56%1.52%
Integral technology Private LimitedCompanies–1.41%
MalaResident individuals, over ₹2 lakh at face value–1.32%
Chaubara Eats Private LimitedCompanies–1.21%
Shikha BhasinResident individuals, over ₹2 lakh at face value–1.21%
Caprite Advisors PrivateCompanies–1.13%
Sandeep Kumar HUFOther non-institutions–1.04%
RGSL INVESTMENT FUND-RGSL INVESTMENT LVF 1Alternative investment funds2.97%–
Gretex Share Broking LimitedCompanies2.21%–
SAINT CAPITAL FUNDForeign portfolio investors, category I1.44%–
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.