Refex Renewables & Infrastructure shareholders and shareholding pattern
BSE: 531260ConstructionSmall Cap
Last close ₹361.50up ₹3.55 (0.99%)
Share price at the BSE close on 19 Oct 2026. Previous close ₹357.95.
52-week range of traded prices to 19 Oct 2026
₹209.05Low, 24 Mar 2026₹798.00High, 21 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹163 Cr2,730th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 4 Aug 2026
- 2.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, BSEVolume. Shares traded on the last trading day.
- 131
Who owns Refex Renewables & Infrastructure, 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
- Promoters74.87%
- Individuals and others25.13%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Individuals and others
| Per cent | Dec 2016Filed 20 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 19 Jul | Sep 2017Filed 16 Oct | Dec 2017Filed 19 Jan | Mar 2018Filed 20 Apr | Jun 2018Filed 20 Jul | Sep 2018Filed 2 Nov | Dec 2018Filed 21 Jan | Mar 2019Filed 9 Apr | Jun 2019Filed 17 Jul | Sep 2019Filed 16 Oct | Dec 2019Filed 11 Jan | Mar 2020Filed 4 Jun | Jun 2020Filed 7 Aug | Sep 2020Filed 15 Oct | Dec 2020Filed 18 Jan | Mar 2021Filed 20 Apr | Jun 2021Filed 10 Jul | Sep 2021Filed 19 Oct | Dec 2021Filed 18 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 14 Jul | Sep 2022Filed 10 Oct | Dec 2022Filed 6 Jan | Mar 2023Filed 18 Apr | Jun 2023Filed 7 Jul | Sep 2023Filed 13 Oct | Dec 2023Filed 16 Jan | Mar 2024Filed 5 Apr | Jun 2024Filed 3 Jul | Sep 2024Filed 15 Oct | Dec 2024Filed 8 Jan | Mar 2025Filed 4 Apr | Jun 2025Filed 7 Jul | Sep 2025Filed 8 Oct | Dec 2025Filed 5 Jan | Mar 2026Filed 7 Apr | Jun 2026Filed 13 Jul | Sep 2026Filed 6 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 64.07% | 64.07% | 64.07% | 64.07% | 64.07% | 64.07% | 64.07% | 88.41% | 88.51% | 75.00% | 75.00% | 75.00% | 86.84% | 86.84% | 86.84% | 86.84% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 74.97% | 74.89% | 74.89% | 74.89% | 74.87% | 74.87% | 74.87% | 74.87% | |
| Indian promoters | 64.07% | 64.07% | 64.07% | 64.07% | 64.07% | 64.07% | 64.07% | 88.41% | 88.51% | 75.00% | 75.00% | 75.00% | 86.84% | 86.84% | 86.84% | 86.84% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% | 74.97% | 74.89% | 74.89% | 74.89% | 74.87% | 74.87% | 74.87% | 74.87% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 35.93% | 35.93% | 35.93% | 35.93% | 35.93% | 35.93% | 35.93% | 11.59% | 11.49% | 25.00% | 25.00% | 25.00% | 13.16% | 13.16% | 13.16% | 13.16% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.03% | 25.11% | 25.11% | 25.11% | 25.13% | 25.13% | 25.13% | 25.13% |
| Promoter shares pledgedShare of the promoters' own shares | 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% | 8.67% | 12.12% | 12.12% | 12.12% | 16.87% | 42.66% | 42.66% | 0.00% |
| Shares in issue | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,89,900 | 44,91,424 | 44,96,554 | 44,96,554 | 44,96,554 | 44,97,935 | 44,97,935 | 44,97,935 | 44,97,935 |
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.
Refex Renewables & Infrastructure 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 Refex Holding Private Limited, 74.87%. The filing names 5 more members with no shares.Promoter buying and selling
| Holder | ||
|---|---|---|
| Refex Holding Private LimitedIndian companies, trusts and others | 74.87% | 33,67,425 |
No promoter shares are reported as pledged.
Largest public holders of Refex Renewables & Infrastructure, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 20 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 19 Jul | Sep 2017Filed 16 Oct | Dec 2017Filed 19 Jan | Mar 2018Filed 20 Apr | Jun 2018Filed 20 Jul | Sep 2018Filed 2 Nov | Dec 2018Filed 21 Jan | Mar 2019Filed 9 Apr | Jun 2019Filed 17 Jul | Sep 2019Filed 16 Oct | Dec 2019Filed 11 Jan | Mar 2020Filed 4 Jun | Jun 2020Filed 7 Aug | Sep 2020Filed 15 Oct | Dec 2020Filed 18 Jan | Mar 2021Filed 20 Apr | Jun 2021Filed 10 Jul | Sep 2021Filed 19 Oct | Dec 2021Filed 18 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 14 Jul | Sep 2022Filed 10 Oct | Dec 2022Filed 6 Jan | Mar 2023Filed 18 Apr | Jun 2023Filed 7 Jul | Sep 2023Filed 13 Oct | Dec 2023Filed 16 Jan | Mar 2024Filed 5 Apr | Jun 2024Filed 3 Jul | Sep 2024Filed 15 Oct | Dec 2024Filed 8 Jan | Mar 2025Filed 4 Apr | Jun 2025Filed 7 Jul | Sep 2025Filed 8 Oct | Dec 2025Filed 5 Jan | Mar 2026Filed 7 Apr | Jun 2026Filed 13 Jul | Sep 2026Filed 6 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ashish ChughResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.15% | 1.15% | 1.15% | 1.67% |
| Guttikonda Vara LakshmiResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.53% | 1.53% | 1.53% | 1.53% |
| S Rajesh Kumar JainResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.16% | 1.22% | 1.22% | 1.24% | 1.24% | 1.23% | 1.16% | 1.12% | 1.11% | 1.11% | 1.11% | 1.10% | – | 1.08% | 1.07% | 1.04% | 1.06% | 1.06% | 1.06% | 1.05% | – | – | – | – |
| Uttam ShahResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 2.96% | 2.96% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | – | – | – | – | – |
| Dugar Finance and Investments LimitedCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | – | – | – | – | – | – |
| Kamlesh JainResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.96% | 2.96% | 2.96% | 2.96% | 2.96% | 1.32% | 1.32% | 1.84% | – | – | – | – | – | – | – | – | – | – |
| RajeshKumar Simrathmal JainResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.10% | – | – | – | – | – | – | – | – | – | – | – |
| HITESH KUMAR VEERCHANDJI JAINResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.67% | 2.68% | 2.68% | 2.67% | 2.67% | 2.44% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| CHANDRAKUMAR KHANMALJI JAINResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.11% | 1.11% | 1.42% | 1.60% | 1.60% | 1.60% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| RAVIKANT CHOUDHRYResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | 2.07% | – | – | 1.63% | 1.63% | 1.63% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BHUVANESHWARI U .Resident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | 2.79% | 2.79% | 2.79% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| S MURUGAN .Resident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | 2.75% | 2.75% | 2.75% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| PRABHAKARANResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | 2.68% | 2.68% | 2.68% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| UDAYAKUMAR T .Resident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | 2.86% | 2.46% | 2.46% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Ravikant ChowdharyResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | 2.07% | 1.46% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| RAVIKANT CHOUDHARYResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 2.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BAY LIFE EXPORTS LIMITEDOther non-institutions | 10.08% | 10.08% | 10.08% | 10.08% | 10.08% | 10.08% | 10.08% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| RAJANI VResident individuals, over ₹2 lakh at face value | 6.43% | 6.43% | 6.43% | 6.43% | 6.43% | 6.43% | 7.13% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VARADARAJAN C MResident individuals, over ₹2 lakh at face value | 5.46% | 5.46% | 5.46% | 5.46% | 5.46% | 5.46% | 6.17% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VEERAPPAN NResident individuals, over ₹2 lakh at face value | – | – | – | – | – | 1.40% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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.