Muzali Arts logo

Muzali Arts shareholders and shareholding pattern

BSE: 539410Commercial Services & SuppliesSmall Cap

Last close ₹1.65down ₹0.08 (4.62%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹1.73.

Market cap
₹9.76 Cr4,964th largest listed
P/E
22.6
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
4.6%
ROCE
0.4%
Debt to equity
0.01
Volume, BSE
45,988

Who owns Muzali Arts, 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

  • Promoters32.77%
  • Foreign institutions0.03%
  • Individuals and others67.20%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Individuals and others
Per centDec 2016Filed 12 AprMar 2017Filed 12 AprJun 2017Filed 12 AprSep 2017Filed 12 AprDec 2017Filed 12 AprMar 2018Filed 12 AprJun 2018Filed 12 AprSep 2018Filed 12 AprDec 2018Filed 12 AprMar 2019Filed 12 AprJun 2019Filed 12 AprSep 2019Filed 12 AprDec 2019Filed 12 AprMar 2020Filed 12 AprJun 2020Filed 12 AprSep 2020Filed 12 AprDec 2020Filed 12 AprMar 2021Filed 19 AprJun 2021Filed 17 JulSep 2021Filed 20 OctDec 2021Filed 21 JanMar 2022Filed 18 AprJun 2022Filed 21 JulSep 2022Filed 21 OctDec 2022Filed 27 MarMar 2023Filed 19 AprJun 2023Filed 12 FebSep 2023Filed 12 FebDec 2023Filed 12 FebMar 2024Filed 10 AprJun 2024Filed 18 JulSep 2024Filed 9 OctDec 2024Filed 10 JanMar 2025Filed 11 AprJun 2025Filed 8 OctSep 2025Filed 10 OctDec 2025Filed 13 JanMar 2026Filed 14 AprJun 2026Filed 18 JulSep 2026Filed 21 Oct
NoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNone26.13%30.98%30.98%30.98%30.98%33.90%36.58%36.58%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%32.77%
Indian promoters––––––––––––––––23.93%28.93%28.93%28.93%28.93%31.93%34.70%34.70%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%31.08%
Foreign promoters––––––––––––––––2.20%2.05%2.05%2.05%2.05%1.97%1.89%1.89%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%1.69%
100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%73.87%69.02%69.02%69.02%69.02%66.10%63.42%63.42%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%67.23%
Shares in issue2,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0002,02,98,0004,54,98,0004,86,98,0004,86,98,0004,86,98,0004,86,98,0005,08,48,0005,29,98,0005,29,98,0005,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,6675,91,64,667
Shares locked in–––––––––––––––43,39,6092,92,51,1903,24,51,1903,24,51,1902,84,00,0002,84,00,0001,63,50,00027,50,0001,85,03,0002,46,69,6672,46,69,6672,46,66,6671,85,00,0001,85,00,00075,00,00075,00,00075,00,00075,00,00075,00,00075,00,00043,00,000––––
Promoters' shares locked in––––––––––––––––1,10,00,0001,42,00,0001,42,00,0001,42,00,0001,42,00,0001,63,50,00027,50,0001,85,00,0001,85,00,0001,85,00,0001,85,00,0001,85,00,0001,85,00,00075,00,00075,00,00075,00,00075,00,00075,00,00075,00,00043,00,000––––
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.

Number of Muzali Arts shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 12 AprMar 2017Filed 12 AprJun 2017Filed 12 AprSep 2017Filed 12 AprDec 2017Filed 12 AprMar 2018Filed 12 AprJun 2018Filed 12 AprSep 2018Filed 12 AprDec 2018Filed 12 AprMar 2019Filed 12 AprJun 2019Filed 12 AprSep 2019Filed 12 AprDec 2019Filed 12 AprMar 2020Filed 12 AprJun 2020Filed 12 AprSep 2020Filed 12 AprDec 2020Filed 12 AprMar 2021Filed 19 AprJun 2021Filed 17 JulSep 2021Filed 20 OctDec 2021Filed 21 JanMar 2022Filed 18 AprJun 2022Filed 21 JulSep 2022Filed 21 OctDec 2022Filed 27 MarMar 2023Filed 19 AprJun 2023Filed 12 FebSep 2023Filed 12 FebDec 2023Filed 12 FebMar 2024Filed 10 AprJun 2024Filed 18 JulSep 2024Filed 9 OctDec 2024Filed 10 JanMar 2025Filed 11 AprJun 2025Filed 8 OctSep 2025Filed 10 OctDec 2025Filed 13 JanMar 2026Filed 14 AprJun 2026Filed 18 JulSep 2026Filed 21 Oct
All shareholders1,2651,6101,6111,6181,6141,7762,2742,2672,2632,2362,2142,1932,2052,2022,1932,1672,3202,2592,2602,3583,2025,3485,7056,0636,2296,1476,2046,3306,4126,4386,4386,4386,4386,4386,4386,4286,4286,4286,4286,425
NoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNoneNone333333333333333333333333
Indian promoters––––––––––––––––222222222222222222222222
Foreign promoters––––––––––––––––111111111111111111111111
1,2651,6101,6111,6181,6141,7762,2742,2672,2632,2362,2142,1932,2052,2022,1932,1672,3172,2562,2572,3553,1995,3455,7026,0606,2266,1446,2016,3276,4096,4356,4356,4356,4356,4356,4356,4256,4256,4256,4256,422
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.

Muzali Arts 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 MANSOORBHAI MURTUZA, 15.54%.Promoter buying and selling

Holder
MANSOORBHAI MURTUZAIndividuals and Hindu undivided families15.54%91,93,997
FARHEEN MURTUZA MANSOORBHAIIndividuals and Hindu undivided families15.54%91,94,216
SHIVANI SHARDA SHARMANon-resident and foreign individuals1.69%10,00,000
No promoter shares are reported as pledged.

Largest public holders of Muzali Arts, filing by filing

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

HolderDec 2016Filed 12 AprMar 2017Filed 12 AprJun 2017Filed 12 AprSep 2017Filed 12 AprDec 2017Filed 12 AprMar 2018Filed 12 AprJun 2018Filed 12 AprSep 2018Filed 12 AprDec 2018Filed 12 AprMar 2019Filed 12 AprJun 2019Filed 12 AprSep 2019Filed 12 AprDec 2019Filed 12 AprMar 2020Filed 12 AprJun 2020Filed 12 AprSep 2020Filed 12 AprDec 2020Filed 12 AprMar 2021Filed 19 AprJun 2021Filed 17 JulSep 2021Filed 20 OctDec 2021Filed 21 JanMar 2022Filed 18 AprJun 2022Filed 21 JulSep 2022Filed 21 OctDec 2022Filed 27 MarMar 2023Filed 19 AprJun 2023Filed 12 FebSep 2023Filed 12 FebDec 2023Filed 12 FebMar 2024Filed 10 AprJun 2024Filed 18 JulSep 2024Filed 9 OctDec 2024Filed 10 JanMar 2025Filed 11 AprJun 2025Filed 8 OctSep 2025Filed 10 OctDec 2025Filed 13 JanMar 2026Filed 14 AprJun 2026Filed 18 JulSep 2026Filed 21 Oct
BYJU K .Non-resident Indians–––––––––––––––––––––––1.93%2.85%3.11%3.16%3.34%3.42%3.48%3.48%3.48%3.48%3.48%3.48%3.67%3.67%3.67%3.67%3.67%
BHAVESH MAHAVIR KHETANResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%2.25%
SHANTANU SHIVKUMAR JAISWALResident individuals, over ₹2 lakh at face value––––––––––––––––1.46%1.37%1.37%1.37%1.37%1.31%1.25%1.25%1.12%1.12%1.12%1.12%1.12%1.11%1.11%1.11%1.11%1.11%1.11%1.96%1.96%1.96%1.96%1.96%
SHIRISH SHIVKUMAR JAISWALResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––2.82%2.82%2.82%2.82%2.82%2.82%2.82%2.82%2.82%2.82%2.82%1.96%1.96%1.96%1.96%1.96%
RUPALI GANDHIResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%1.63%
DILIP JERAM BHAI PATELNon-resident Indians4.53%4.63%4.63%4.63%4.63%4.63%4.63%4.63%4.63%4.63%4.63%4.63%4.63%4.63%4.63%–2.07%1.93%1.93%1.93%1.93%1.85%1.77%1.77%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%
AJAZ SHAFI MOHAMMEDResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%1.41%
DHARMAPRAKASH J KUMARResident individuals, over ₹2 lakh at face value––––––––––––––––1.82%1.70%1.70%1.70%1.70%–1.57%1.57%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%1.40%
KUNAL PATELNon-resident Indians–––––3.28%3.28%3.28%3.28%3.28%3.28%3.28%3.28%3.28%3.28%–1.47%1.37%1.37%1.37%0.14%1.31%1.26%1.26%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%
SULTAN HYDER SYEDNon-resident Indians2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%2.50%–2.45%2.29%2.29%2.29%2.29%1.20%1.15%1.15%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%
REENA KAUSHAL GOHILResident 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%1.01%
DEEPAK JIVRAJBHAI PATELResident individuals, over ₹2 lakh at face value––––––––––––––––2.20%2.05%2.05%2.05%2.05%1.97%1.89%1.89%1.69%1.26%––––––––––––––
SANJAY RAMESH BADIANINon-resident Indians–––––––1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%–2.75%2.57%2.57%2.57%2.57%1.97%1.89%1.89%––––––––––––––––
ROOPALI HARI OM GANDHIResident individuals, over ₹2 lakh at face value2.91%3.40%3.47%3.50%3.50%3.93%3.93%3.93%3.93%3.93%3.93%3.93%3.93%3.93%3.93%3.93%2.12%1.98%1.98%1.98%1.98%1.89%1.82%1.82%––––––––––––––––
DHAKAL CHANDResident individuals, over ₹2 lakh at face value––––––––––––––––––––––1.02%–––––––––––––––––
DHARAMPRAKASH J KUMARResident individuals, over ₹2 lakh at face value–––––––––––––––––––––1.63%––––––––––––––––––
ANURAG GAJANAND KHEMUKAResident individuals, over ₹2 lakh at face value––––––––––––––––2.20%2.05%2.05%2.05%2.05%1.28%––––––––––––––––––
AEGIS INVESTMENT FUNDInstitutions Foreign Portfolio Investor––––––––––––––––––––1.67%–––––––––––––––––––
KIRTI HARSUKH MEHTAResident individuals, over ₹2 lakh at face value––––––––––––––––1.14%1.07%1.07%1.07%1.07%–––––––––––––––––––
IBRAHIMKUTTY RAJEENAResident individuals, over ₹2 lakh at face value––––––––––––––––1.10%1.03%1.03%1.03%1.03%–––––––––––––––––––
KUNAL HARESH MEHTAResident individuals, over ₹2 lakh at face value––––––––––––––––1.31%1.22%1.22%1.22%1.03%–––––––––––––––––––
ASPIRE EMERGING FUNDInstitutions Foreign Portfolio Investor––––––4.93%4.93%4.93%4.93%4.93%4.93%4.93%4.93%4.93%4.93%2.20%2.05%2.05%1.79%––––––––––––––––––––
ABHAY KUMARResident individuals, over ₹2 lakh at face value1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%––––––––––––––––––––––––
RAJIV DAYALResident individuals, over ₹2 lakh at face value–1.31%1.34%1.34%1.34%1.42%1.42%1.42%1.42%1.42%1.42%1.42%1.42%1.42%1.42%1.42%––––––––––––––––––––––––
MOGLESH CHANNAPPA KONIResident individuals, over ₹2 lakh at face value––––––3.76%2.88%1.35%1.35%1.35%1.35%1.35%1.35%1.35%1.35%––––––––––––––––––––––––
PRESHTI VISHESH NIHALANIResident individuals, over ₹2 lakh at face value––––––1.35%1.35%1.35%1.35%1.35%1.35%1.35%1.35%1.35%1.35%––––––––––––––––––––––––
ANIL BHANDARIResident individuals, over ₹2 lakh at face value1.40%1.58%1.58%1.27%1.27%1.27%–––––1.19%1.19%1.19%1.19%1.19%––––––––––––––––––––––––
BARKHA MAHESH NIHALANIResident individuals, over ₹2 lakh at face value––––––1.11%1.11%1.11%1.11%1.11%1.11%1.11%1.11%1.11%1.11%––––––––––––––––––––––––
VISHESH MAHESH NIHALANIResident individuals, over ₹2 lakh at face value––––––1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%––––––––––––––––––––––––
JAYKUMAR GURDASMAL DADLANIOther non-institutions–––––––1.71%1.71%1.71%1.71%2.20%1.71%1.71%1.71%–––––––––––––––––––––––––
MONESH RUGHWANIOther non-institutions–––––––1.59%1.59%1.59%1.59%1.59%1.59%1.59%1.59%–––––––––––––––––––––––––
VARSHA JAYKUMAR DADLANIOther non-institutions––––––1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%1.13%–––––––––––––––––––––––––
KRISHNA BALAPPA BUDYANKAPOLAResident individuals, over ₹2 lakh at face value4.68%4.68%4.68%4.68%4.68%4.68%––––––––––––––––––––––––––––––––––
NEHA ABHISHEK TAPADIAResident individuals, over ₹2 lakh at face value4.68%4.68%4.68%4.68%4.68%4.68%––––––––––––––––––––––––––––––––––
ANURADHA DHOOTResident individuals, over ₹2 lakh at face value–––––2.96%––––––––––––––––––––––––––––––––––
ARUN RAMCHANDRA GOLEResident individuals, over ₹2 lakh at face value3.11%2.50%2.54%––2.54%––––––––––––––––––––––––––––––––––
Behoof Investments & Trade Pvt. Ltd.Other non-institutions1.96%2.40%2.40%2.40%2.40%2.38%––––––––––––––––––––––––––––––––––
SUBHASH VITHOBA DONGREResident individuals, over ₹2 lakh at face value3.55%2.93%2.93%2.97%2.97%2.35%––––––––––––––––––––––––––––––––––
RAVI KAMBALAPALLYResident individuals, over ₹2 lakh at face value3.04%2.17%2.17%2.17%2.17%2.17%––––––––––––––––––––––––––––––––––
GANESH BUGGAPPA KAREResident individuals, over ₹2 lakh at face value2.10%2.10%2.10%2.10%2.10%1.61%––––––––––––––––––––––––––––––––––
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 51 holders the filings name.