Raama Finance logo

Raama Finance shareholders and shareholding pattern

BSE: 538540FinanceSmall Cap

Last close ₹11.99down ₹0.18 (1.48%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹12.17.

52-week range of traded prices to 23 Oct 2026
₹5.14Low, 27 Oct 2025₹20.86High, 6 Aug 2026
Market cap
₹109 Cr2,960th largest listed
P/E
Earlier quarters restated in the year
P/B
Shares changed
Dividend yield
Nonein the last 12 months
NIM
42.22%
Cost of funds
6.38%
Credit cost
0.00%
ROA
12.87%
Leverage
1.44times net worth
Volume, BSE
2,65,170

Who owns Raama Finance, 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

  • Promoters49.06%
  • Indian institutionsNone
  • Individuals and others50.93%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 17 JanMar 2017Filed 11 AprJun 2017Filed 17 JulSep 2017Filed 17 OctDec 2017Filed 12 JanMar 2018Filed 17 AprJun 2018Filed 10 JulSep 2018Filed 10 OctDec 2018Filed 21 JanMar 2019Filed 18 AprJun 2019Filed 12 JulSep 2019Filed 15 OctDec 2019Filed 16 JanMar 2020Filed 11 MayJun 2020Filed 18 JulSep 2020Filed 19 OctDec 2020Filed 18 JanMar 2021Filed 10 AprJun 2021Filed 13 JulSep 2021Filed 13 OctDec 2021Filed 10 JanMar 2022Filed 9 AprJun 2022Filed 19 JulSep 2022Filed 19 OctDec 2022Filed 18 JanMar 2023Filed 17 AprJun 2023Filed 20 JulSep 2023Filed 18 OctDec 2023Filed 20 JanMar 2024Filed 3 SepJun 2024Filed 22 JulSep 2024Filed 12 OctDec 2024Filed 16 JanMar 2025Filed 17 AprJun 2025Filed 18 JulSep 2025Filed 17 OctDec 2025Filed 20 JanMar 2026Filed 20 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%54.93%54.93%54.93%49.06%
Indian promoters11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%11.50%54.93%54.93%54.93%49.06%
88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%88.50%45.07%45.07%45.07%50.94%
Promoter shares pledgedShare of the promoters' own shares0.00%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%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%17.52%
Shares in issue5,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0005,11,62,0008,11,62,0008,11,62,0008,11,62,0009,08,62,000
Shares locked in––––––––––––––––––––––––––––––––––––3,00,00,0004,46,36,2674,46,36,2674,65,23,767
Promoters' shares locked in––––––––––––––––––––––––––––––––––––3,00,00,0004,45,79,9634,45,79,9633,67,67,463
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. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Raama Finance shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 17 JanMar 2017Filed 11 AprJun 2017Filed 17 JulSep 2017Filed 17 OctDec 2017Filed 12 JanMar 2018Filed 17 AprJun 2018Filed 10 JulSep 2018Filed 10 OctDec 2018Filed 21 JanMar 2019Filed 18 AprJun 2019Filed 12 JulSep 2019Filed 15 OctDec 2019Filed 16 JanMar 2020Filed 11 MayJun 2020Filed 18 JulSep 2020Filed 19 OctDec 2020Filed 18 JanMar 2021Filed 10 AprJun 2021Filed 13 JulSep 2021Filed 13 OctDec 2021Filed 10 JanMar 2022Filed 9 AprJun 2022Filed 19 JulSep 2022Filed 19 OctDec 2022Filed 18 JanMar 2023Filed 17 AprJun 2023Filed 20 JulSep 2023Filed 18 OctDec 2023Filed 20 JanMar 2024Filed 3 SepJun 2024Filed 22 JulSep 2024Filed 12 OctDec 2024Filed 16 JanMar 2025Filed 17 AprJun 2025Filed 18 JulSep 2025Filed 17 OctDec 2025Filed 20 JanMar 2026Filed 20 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
All shareholders6717688718738859299089099219159209269379469561,0001,0982,2302,8053,5904,5984,86510,56211,14911,96712,07512,14612,48712,77814,40614,90515,63515,73815,99816,13316,07915,49214,84814,72514,469
1010101010101010101010101010101010101010101010101010101010101010101010109222
Indian promoters1010101010101010101010101010101010101010101010101010101010101010101010109222
6617588618638759198988999119059109169279369469901,0882,2202,7953,5804,5884,85510,55211,13911,95712,06512,13612,47712,76814,39614,89515,62515,72815,98816,12316,06915,48314,84614,72314,467
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.

Raama 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 AKHIL MITTAL, 24.53%. The filing names 11 more members with no shares.

Holder
AKHIL MITTALIndividuals and Hindu undivided families24.53%2,22,89,98117.52%82.48%
PRATIKA SHARMAIndividuals and Hindu undivided families24.53%2,22,89,98217.52%82.48%
Pledged is the share of the holder's own shares pledged to a lender. 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 Raama Finance, filing by filing

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

HolderDec 2016Filed 17 JanMar 2017Filed 11 AprJun 2017Filed 17 JulSep 2017Filed 17 OctDec 2017Filed 12 JanMar 2018Filed 17 AprJun 2018Filed 10 JulSep 2018Filed 10 OctDec 2018Filed 21 JanMar 2019Filed 18 AprJun 2019Filed 12 JulSep 2019Filed 15 OctDec 2019Filed 16 JanMar 2020Filed 11 MayJun 2020Filed 18 JulSep 2020Filed 19 OctDec 2020Filed 18 JanMar 2021Filed 10 AprJun 2021Filed 13 JulSep 2021Filed 13 OctDec 2021Filed 10 JanMar 2022Filed 9 AprJun 2022Filed 19 JulSep 2022Filed 19 OctDec 2022Filed 18 JanMar 2023Filed 17 AprJun 2023Filed 20 JulSep 2023Filed 18 OctDec 2023Filed 20 JanMar 2024Filed 3 SepJun 2024Filed 22 JulSep 2024Filed 12 OctDec 2024Filed 16 JanMar 2025Filed 17 AprJun 2025Filed 18 JulSep 2025Filed 17 OctDec 2025Filed 20 JanMar 2026Filed 20 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
VIKAS GUPTAResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––––3.30%
KUSH RAKESH KUMAR GUPTAResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––––2.75%
LUV RAKESH KUMAR GUPTAResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––––2.75%
SKG ASSETS AND HOLDINGS PRIVATE LIMITEDCompanies–––––––––––––––––––––––––––––––––––––––1.10%
SUDHANSHU KANDAResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––1.17%1.02%–––
NURIA SALES AGENCIES PRIVATE LIMITED .Companies–––––5.19%5.19%5.19%5.19%–5.19%5.19%5.19%5.19%5.19%5.19%5.19%5.19%5.19%5.19%5.19%5.19%5.19%5.19%–5.19%––––5.19%––––5.19%––––
MELICENT SALES AGENCIES PRIVATE LIMITED .Companies–––––4.73%4.73%4.73%4.73%–4.73%4.73%4.73%4.73%4.73%4.73%4.73%4.73%4.73%4.73%4.73%4.73%4.73%4.73%–4.73%––––4.73%––––4.73%––––
VISHAAL NANDAMResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––2.03%––––
NAYJA MERCANTILE PRIVATE LIMITEDCompanies1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%–1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%1.70%–1.70%––––1.70%––––1.70%––––
DEEPAK KUMAR GUPTAResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––1.43%––––
VIKRANT RAGHUNATH MHADYEResident individuals, over ₹2 lakh at face value1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%1.38%––––1.38%––––1.37%––––
ALOK SHARAD BHANDARIResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––––––1.25%––––
MASOOM BATRAResident individuals, over ₹2 lakh at face value–––1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%1.22%––––1.22%––––1.22%––––
AFRA AFZAL KOCHRAResident individuals, over ₹2 lakh at face value1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%1.17%––––1.17%––––1.17%––––
AFZAL SHABBIR KOCHRAResident individuals, over ₹2 lakh at face value1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%––––1.16%––––1.16%––––
GLOBE CAPITAL MARKET LIMITEDCompanies1.78%1.78%1.26%1.97%1.97%1.97%1.26%1.26%1.26%–1.26%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%–1.09%––––1.09%––––1.09%––––
SPG FINVEST PRIVATE LIMITEDCompanies–––––––––––––––––––––––––––––––––––1.05%––––
ANANT MARUTI TAMBE .Resident individuals, over ₹2 lakh at face value1.01%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%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%1.01%––––1.01%––––1.01%––––
VIKAS MEHTAResident individuals, up to ₹2 lakh at face value–––––1.29%1.29%1.29%1.29%1.28%1.29%1.29%1.29%1.29%1.29%1.29%1.28%1.28%1.28%1.28%1.28%1.28%1.38%1.38%1.38%1.38%––––1.38%–––––––––
VIJAY RAJMANI YADAVResident individuals, up to ₹2 lakh at face value1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%1.09%––––1.09%–––––––––
MADHUBALA RAMESH JAINResident individuals, over ₹2 lakh at face value–––1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.48%1.48%––––––––––––––
RAJAT SINGHResident individuals, over ₹2 lakh at face value––––––––––––––––––––––2.65%3.27%––––––––––––––––
ALTRUISTIC TRADING PRIVATE LIMITEDOther non-institutions–––––––––––––––1.24%1.24%1.24%1.24%1.24%1.22%1.13%––––––––––––––––––
SAROJ SURESH JAINResident individuals, over ₹2 lakh at face value–––––1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%1.12%––––––––––––––––––
U PRADEEP KUMARResident individuals, over ₹2 lakh at face value––––––1.76%–1.76%1.76%1.76%1.76%1.76%1.76%1.76%1.76%1.76%1.76%1.76%1.76%1.56%–––––––––––––––––––
SRISHTI BATRAResident individuals, over ₹2 lakh at face value1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.47%1.36%1.36%–––––––––––––––––––
RAVINDER KUMAR GUPTAResident individuals, over ₹2 lakh at face value––––––––––––––––––1.17%1.17%––––––––––––––––––––
TRUSHA PRANAY MEHTAResident individuals, over ₹2 lakh at face value––––––––––1.94%1.94%2.10%2.10%2.10%2.10%2.10%2.10%––––––––––––––––––––––
JITENDRAKUMAR LALJIBHAI SAVANIResident individuals, over ₹2 lakh at face value–––––2.04%2.04%2.04%2.04%2.04%2.04%2.04%2.04%2.04%2.04%1.60%1.60%–––––––––––––––––––––––
MOHANLAL BHIMRAJ SHAHResident individuals, over ₹2 lakh at face value1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%1.26%–––––––––––––––––––––––
RAJESHKUMAR MOHANLAL SHAHResident individuals, over ₹2 lakh at face value1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%1.23%–––––––––––––––––––––––
SHARAD MOHANLAL SHAHResident individuals, over ₹2 lakh at face value1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%1.05%–––––––––––––––––––––––
DIPESHKUMAR MOHANLAL SHAHResident individuals, over ₹2 lakh at face value1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%1.04%–––––––––––––––––––––––
SABITA AGARWALOther non-institutions1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%1.53%––––––––––––––––––––––––
KSBL SECURITIES LIMITEDOther non-institutions––––––1.24%1.24%1.24%–1.24%1.24%1.24%1.24%1.24%–––––––––––––––––––––––––
KARVY STOCK BROKING LTDOther non-institutions1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%1.58%–1.58%1.58%1.57%1.57%––––––––––––––––––––––––––
STEEL CITY SECURITIES LIMITED - CLIENT ACCOUNTOther non-institutions–––––––2.66%––––––––––––––––––––––––––––––––
STEEL CITY SECURITIES LIMITEDOther non-institutions––––2.74%2.66%––––––––––––––––––––––––––––––––––
NURIA SALES AGENCIES PRIVATE LIMITEOther non-institutions5.19%5.19%5.19%5.19%5.19%–––––––––––––––––––––––––––––––––––
MELICENT SALES AGENCIES PRIVATE LIMOther non-institutions4.73%4.73%4.73%4.73%4.73%–––––––––––––––––––––––––––––––––––
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 54 holders the filings name.