Panther Industrial Products shareholders and shareholding pattern

BSE: 524055Commercial Services & SuppliesSmall Cap

₹90.00₹3.00 (3.45%)

Share price at the BSE close on 14 Oct 2026. Previous close ₹87.00.

52-week range of traded prices to 14 Oct 2026

₹35.24Low, 9 Mar 2026₹96.40High, 4 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.

Market cap: ₹13 Cr4,724th largest listed
P/E: Lossover the last 12 months
P/B: 12.8
Dividend yield: Nonein the last 12 months
ROE: −23.5%
ROCE: −21.5%
Debt to equity: 0.24
Volume, BSE: 1

Who owns Panther Industrial Products, 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

Promoters49.02%
Foreign institutionsNone
Indian institutions5.38%
Individuals and others45.59%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2016Filed 20 Jan	Mar 2017Filed 21 Apr	Jun 2017Filed 17 Jul	Sep 2017Filed 24 Oct	Dec 2017Filed 17 Jan	Mar 2018Filed 19 Apr	Jun 2018Filed 21 Nov	Sep 2018Filed 20 Nov	Dec 2018Filed 8 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 18 Jul	Sep 2019Filed 19 Oct	Dec 2019Filed 23 Jan	Mar 2020Filed 10 Jun	Jun 2020Filed 29 Jul	Sep 2020Filed 19 Oct	Dec 2020Filed 12 Jan	Mar 2021Filed 12 Apr	Jun 2021Filed 13 Jul	Sep 2021Filed 12 Oct	Dec 2021Filed 21 Jan	Mar 2022Filed 12 Apr	Jun 2022Filed 18 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 13 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 13 Jul	Sep 2023Filed 19 Oct	Dec 2023Filed 18 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 16 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 19 Jul	Sep 2025Filed 14 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 18 Apr	Jun 2026Filed 18 Jul	Sep 2026Filed 20 Oct
	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%
Indian promoters	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.05%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%	49.02%
	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.95%	50.98%	50.98%	50.98%	50.98%	50.98%	50.98%	50.98%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.15%	1.15%	–	–	–	8.17%	–	–	–	–	–	–	–	–	–	–	–
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.15%	1.15%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.17%	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.55%	13.55%	13.55%	13.55%	13.55%	5.38%	13.55%	13.55%	13.55%	13.55%	13.57%	5.38%	5.38%	5.38%	5.38%	5.38%	5.38%
Mutual funds	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%	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%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%	5.37%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.37%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.17%	8.17%	8.17%	8.17%	8.17%	–	8.17%	8.17%	8.17%	8.17%	8.19%	0.00%	–	–	–	–	–
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.24%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	36.26%	36.26%	37.41%	37.41%	37.41%	37.41%	37.41%	37.41%	37.41%	37.41%	37.41%	45.59%	45.59%	45.59%	45.59%	45.59%	45.59%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	36.26%	36.26%	36.26%	36.26%	36.26%	36.26%	36.26%	36.26%	36.26%	–	–	–	39.63%	39.78%	39.71%	39.80%	39.87%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	36.24%	36.24%	36.93%	1.66%	1.66%	1.74%	1.92%	1.92%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.48%	3.10%	2.96%	2.95%	2.70%	2.62%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%	1.15%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.04%	0.05%	0.04%	0.04%	0.04%	0.04%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.04%	0.04%
Shares in issue	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007	14,00,007

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.

Number of Panther Industrial Products shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 20 Jan	Mar 2017Filed 21 Apr	Jun 2017Filed 17 Jul	Sep 2017Filed 24 Oct	Dec 2017Filed 17 Jan	Mar 2018Filed 19 Apr	Jun 2018Filed 21 Nov	Sep 2018Filed 20 Nov	Dec 2018Filed 8 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 18 Jul	Sep 2019Filed 19 Oct	Dec 2019Filed 23 Jan	Mar 2020Filed 10 Jun	Jun 2020Filed 29 Jul	Sep 2020Filed 19 Oct	Dec 2020Filed 12 Jan	Mar 2021Filed 12 Apr	Jun 2021Filed 13 Jul	Sep 2021Filed 12 Oct	Dec 2021Filed 21 Jan	Mar 2022Filed 12 Apr	Jun 2022Filed 18 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 13 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 13 Jul	Sep 2023Filed 19 Oct	Dec 2023Filed 18 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 16 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 19 Jul	Sep 2025Filed 14 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 18 Apr	Jun 2026Filed 18 Jul	Sep 2026Filed 20 Oct
All shareholders	2,806	2,805	2,805	2,804	2,803	2,804	2,805	2,805	2,804	2,806	2,805	2,805	2,806	2,806	2,806	2,805	2,805	2,805	2,805	2,804	2,804	2,804	2,804	2,804	2,804	2,802	2,802	2,801	2,801	2,801	2,801	2,801	2,801	2,802	2,823	2,846	2,857	2,861	2,863	2,864
	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Indian promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	2,805	2,804	2,804	2,803	2,802	2,803	2,804	2,804	2,803	2,805	2,804	2,804	2,805	2,805	2,805	2,804	2,804	2,804	2,804	2,803	2,803	2,803	2,803	2,803	2,803	2,801	2,801	2,800	2,800	2,800	2,800	2,800	2,800	2,801	2,822	2,845	2,856	2,860	2,862	2,863
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	49	49	–	–	–	23	–	–	–	–	–	–	–	–	–	–	–
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	49	49	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	23	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	28	28	27	27	27	4	27	27	27	27	28	4	4	4	4	4	4
Mutual funds	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24	24	23	23	23	–	23	23	23	23	24	0	–	–	–	–	–
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,726	2,726	2,774	2,774	2,773	2,773	2,773	2,773	2,773	2,773	2,773	2,818	2,841	2,852	2,856	2,858	2,859
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,726	2,726	2,725	2,725	2,724	2,724	2,724	2,724	2,724	–	–	–	2,763	2,775	2,779	2,781	2,782
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,723	2,723	2,741	1	1	1	1	1
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25	24	23	23	23	23
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	49	49	49	49	49	49	49	49	49	49	49	49	49	49	49
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	3	4	4	4	4	4
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4

Panther Industrial Products 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 SAIMANGAL INVESTRADE LIMITED, 49.02%.

Holder
SAIMANGAL INVESTRADE LIMITEDIndian companies, trusts and others	49.02%	6,86,337

No promoter shares are reported as pledged.

Largest public holders of Panther Industrial Products, filing by filing

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

Holder	Dec 2016Filed 20 Jan	Mar 2017Filed 21 Apr	Jun 2017Filed 17 Jul	Sep 2017Filed 24 Oct	Dec 2017Filed 17 Jan	Mar 2018Filed 19 Apr	Jun 2018Filed 21 Nov	Sep 2018Filed 20 Nov	Dec 2018Filed 8 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 18 Jul	Sep 2019Filed 19 Oct	Dec 2019Filed 23 Jan	Mar 2020Filed 10 Jun	Jun 2020Filed 29 Jul	Sep 2020Filed 19 Oct	Dec 2020Filed 12 Jan	Mar 2021Filed 12 Apr	Jun 2021Filed 13 Jul	Sep 2021Filed 12 Oct	Dec 2021Filed 21 Jan	Mar 2022Filed 12 Apr	Jun 2022Filed 18 Jul	Sep 2022Filed 19 Oct	Dec 2022Filed 13 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 13 Jul	Sep 2023Filed 19 Oct	Dec 2023Filed 18 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 16 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 19 Jul	Sep 2025Filed 14 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 18 Apr	Jun 2026Filed 18 Jul	Sep 2026Filed 20 Oct
INDIAN BANKBanks	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%	4.85%
SUDHANSHU KANDAResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.66%	1.66%	1.74%	1.92%	1.92%
SHIPRA BATHLAResident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.12%	1.12%	–	1.42%
CLASSIC CREDIT LIMITEDCompanies	1.07%	1.07%	1.07%	–	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	–	–	–	1.07%	1.07%	–	1.07%
Tushar Tulsidas TannaResident individuals, up to ₹2 lakh at face value	1.33%	1.33%	–	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	–	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	–	1.33%	1.33%	–	–
Vinodkant Dayalbhai VaderaResident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.07%	1.07%	–	–
3a Capital Services LimitedCompanies	6.15%	6.15%	6.15%	–	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.15%	6.17%	6.17%	6.17%	6.17%	6.17%	6.17%	6.17%	6.17%	–	5.36%	–	1.02%	1.01%	–	–
VINODKANT D. VADERAResident individuals, over ₹2 lakh at face value	1.07%	1.07%	–	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	1.07%	–	–	–	–	–
TUSHAR T. TANNAResident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.33%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.