PNB Gilts shareholders and shareholding pattern

NSE: PNBGILTSBSE: 532366FinanceSmall Cap

₹71.49₹1.77 (2.42%)BSE ₹71.34

Share price at the NSE close on 23 Oct 2026. Previous close ₹73.26.

52-week range of traded prices to 23 Oct 2026

₹58.60Low, 30 Mar 2026₹99.80High, 5 Jun 2026

Market cap: ₹1,287 Cr1,315th largest listed
P/E: 6.7
P/B: 0.7
Dividend yield: 2.80%
ROE: 11.2%
NIM: 1.55%
Cost of funds: 5.55%
Credit cost: 0.00%
ROA: 0.70%
Leverage: 15.90times net worth
Volume, NSE: 7,37,25036.0% delivered

Who owns PNB Gilts, 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

Promoters74.07%
Foreign institutions0.06%
Indian institutionsNone
Individuals and others25.87%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2016Filed 10 Jan	Mar 2017Filed 6 Apr	Jun 2017Filed 18 Jul	Sep 2017Filed 12 Oct	Dec 2017Filed 19 Jan	Mar 2018Filed 13 Apr	Jun 2018Filed 11 Jul	Sep 2018Filed 12 Oct	Dec 2018Filed 11 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 12 Jul	Sep 2019Filed 19 Oct	Dec 2019Filed 15 Jan	Mar 2020Filed 5 May	Jun 2020Filed 18 Jul	Sep 2020Filed 14 Oct	Dec 2020Filed 15 Jan	Mar 2021Filed 16 Apr	Jun 2021Filed 17 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 14 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 21 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 12 Jan	Mar 2023Filed 17 Apr	Jun 2023Filed 12 Jul	Sep 2023Filed 12 Oct	Dec 2023Filed 15 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 10 Jul	Sep 2024Filed 10 Oct	Dec 2024Filed 13 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 16 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 16 Oct
	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%
Indian promoters	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%	74.07%
	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%	25.93%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.31%	0.33%	0.24%	0.01%	0.04%	0.01%	0.02%	0.25%	0.10%	0.29%	0.35%	0.53%	0.77%	0.30%	0.18%	0.07%	0.06%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.31%	0.33%	0.01%	0.01%	0.01%	0.01%	0.02%	0.20%	0.10%	0.29%	0.33%	0.33%	0.70%	0.30%	0.16%	0.07%	0.05%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.23%	0.00%	0.03%	0.00%	0.00%	0.05%	0.00%	Under 0.01%	0.02%	0.20%	0.07%	–	0.02%	0.00%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	0.08%	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%
Mutual funds	0.03%	0.04%	0.06%	0.04%	0.05%	0.07%	0.03%	0.03%	0.03%	0.03%	0.06%	0.03%	0.07%	0.05%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	–
Insurance companies	0.62%	0.62%	0.62%	0.62%	0.62%	0.52%	0.52%	0.52%	0.52%	0.35%	0.35%	0.21%	0.21%	0.21%	0.17%	–	–	–	–	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%	–	–	–	–	–	–
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25.62%	25.60%	25.69%	25.92%	25.88%	25.92%	25.91%	25.60%	25.83%	25.64%	25.58%	25.40%	25.16%	25.63%	25.75%	25.86%	25.87%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17.57%	17.32%	17.42%	17.17%	17.18%	15.39%	15.25%	15.06%	15.24%	15.08%	14.94%	14.82%	15.51%	15.84%	16.01%	16.09%	16.10%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.93%	6.14%	6.17%	6.56%	6.15%	6.11%	6.30%	6.80%	7.01%	7.12%	6.88%	6.63%	5.97%	5.91%	5.79%	6.03%	6.14%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.19%	1.15%	1.15%	1.25%	1.61%	1.44%	1.68%	1.44%	1.24%	1.25%	1.58%	1.82%	1.58%	1.63%	1.61%	1.48%	1.40%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.84%	0.87%	0.83%	0.82%	0.82%	0.71%	0.68%	0.74%	0.71%	0.60%	0.61%	0.64%	0.73%	0.70%	0.70%	0.73%	0.68%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.12%	0.12%	0.12%	0.12%	0.13%	0.13%	0.13%	0.13%	0.14%	0.14%	0.14%	0.14%	0.15%	0.15%	0.15%	0.15%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.03%	0.03%	0.03%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.01%	0.01%	0.01%	Under 0.01%	2.12%	1.84%	1.40%	1.46%	1.45%	1.43%	1.35%	1.24%	1.39%	1.48%	1.38%	1.40%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.01%	0.01%	0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.11%	0.78%	0.11%	0.18%	0.20%	0.26%	0.15%	0.04%	0.11%	0.18%	0.18%	0.20%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.05%	1.28%	1.27%	1.25%	1.16%	1.19%	1.19%	1.27%	1.29%	1.19%	1.20%
Shares in issue	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134	18,00,10,134

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. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of PNB Gilts shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 10 Jan	Mar 2017Filed 6 Apr	Jun 2017Filed 18 Jul	Sep 2017Filed 12 Oct	Dec 2017Filed 19 Jan	Mar 2018Filed 13 Apr	Jun 2018Filed 11 Jul	Sep 2018Filed 12 Oct	Dec 2018Filed 11 Jan	Mar 2019Filed 11 Apr	Jun 2019Filed 12 Jul	Sep 2019Filed 19 Oct	Dec 2019Filed 15 Jan	Mar 2020Filed 5 May	Jun 2020Filed 18 Jul	Sep 2020Filed 14 Oct	Dec 2020Filed 15 Jan	Mar 2021Filed 16 Apr	Jun 2021Filed 17 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 14 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 21 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 12 Jan	Mar 2023Filed 17 Apr	Jun 2023Filed 12 Jul	Sep 2023Filed 12 Oct	Dec 2023Filed 15 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 10 Jul	Sep 2024Filed 10 Oct	Dec 2024Filed 13 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 16 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 16 Oct
All shareholders	41,206	42,674	43,257	45,630	46,656	47,785	46,716	46,751	44,834	43,695	43,355	41,995	41,117	40,887	41,422	45,035	49,132	52,718	64,288	66,220	70,785	79,037	80,681	84,896	83,352	83,472	81,306	84,154	81,673	82,765	82,897	83,752	84,960	84,453	83,245	85,116	83,065	82,085	84,279	82,216
	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
	41,205	42,673	43,256	45,629	46,655	47,784	46,715	46,750	44,833	43,694	43,354	41,994	41,116	40,886	41,421	45,034	49,131	52,717	64,287	66,219	70,784	79,036	80,680	84,895	83,351	83,471	81,305	84,153	81,672	82,764	82,896	83,751	84,959	84,452	83,244	85,115	83,064	82,084	84,278	82,215
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	4	2	2	2	1	3	13	13	25	24	23	22	12	13	11	14
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	4	1	2	1	1	3	11	13	23	23	20	19	12	12	11	13
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	0	1	0	0	2	0	2	1	3	3	–	1	0	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	2	1	1	2	1	1	1	2	2	2	2	1	1
Mutual funds	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	0	–
Insurance companies	3	3	3	3	3	2	2	2	2	1	1	1	1	1	1	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	1	0	0	0	–	–	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	84,892	83,346	83,468	81,302	84,149	81,670	82,760	82,881	83,737	84,933	84,427	83,219	85,091	83,050	82,069	84,266	82,200
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	83,734	82,209	82,356	80,201	82,995	79,375	80,425	80,532	81,411	82,595	82,101	80,895	82,635	80,620	79,615	81,753	79,682
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	166	172	172	186	168	158	160	167	161	153	162	159	163	160	161	168	173
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	264	234	227	219	272	224	225	234	223	218	213	220	227	216	214	220	222
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	724	725	708	691	711	668	687	666	679	690	703	714	778	753	770	807	809
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	0	0	0	0	1	1	1	1	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	5	4	4	2	1,243	1,261	1,280	1,261	1,276	1,247	1,230	1,287	1,300	1,308	1,317	1,313
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	5	4	4	2	2	3	3	3	3	3	3	3	3	3	3	3
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	34	34	40	29	31	24	24	25	24	20	23	23
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,207	1,224	1,237	1,229	1,242	1,220	1,203	1,259	1,273	1,285	1,291	1,287

PNB Gilts 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 PUNJAB NATIONAL BANK, 74.07%. The filing names 18 more members with no shares.Promoter buying and selling

Holder
PUNJAB NATIONAL BANKIndian financial institutions and banks	74.07%	13,33,33,333

No promoter shares are reported as pledged.

Largest public holders of PNB Gilts, filing by filing

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

Holder	Dec 2022Filed 12 Jan	Mar 2023Filed 17 Apr	Jun 2023Filed 12 Jul	Sep 2023Filed 12 Oct	Dec 2023Filed 15 Jan	Mar 2024Filed 16 Apr	Jun 2024Filed 10 Jul	Sep 2024Filed 10 Oct	Dec 2024Filed 13 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 20 Jan	Mar 2026Filed 16 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 16 Oct
VINEET NAHATAResident individuals, over ₹2 lakh at face value	1.01%	1.09%	1.14%	1.24%	1.29%	1.50%	1.97%	2.49%	2.62%	2.31%	2.13%	1.86%	1.90%	1.60%	1.70%	1.69%

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.