Shree Ajit Pulp & Paper logo

Shree Ajit Pulp & Paper shareholders and shareholding pattern

NSE: SAPPLBSE: 538795Paper, Forest & Jute ProductsSmall Cap

Last close ₹298.60down ₹11.25 (3.63%)BSE ₹301.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹309.85.

52-week range of BSE trades to 23 Oct 2026
₹212.00Low, 3 Feb 2026₹386.95High, 14 Oct 2026
Market cap
₹266 Cr2,297th largest listed
P/E
6.4
P/B
1.0
Dividend yield
Nonein the last 12 months
ROE
15.8%
ROCE
16.2%
Debt to equity
0.92
Volume, NSE
2,81388.9% delivered

Who owns Shree Ajit Pulp & Paper, 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

  • Promoters59.60%
  • Indian institutionsNone
  • Individuals and others40.40%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 17 JanMar 2017Filed 8 AprJun 2017Filed 12 SepSep 2017Filed 25 JunDec 2017Filed 25 JunMar 2018Filed 15 MayJun 2018Filed 17 JulSep 2018Filed 14 OctDec 2018Filed 11 JanMar 2019Filed 10 AprJun 2019Filed 15 JulSep 2019Filed 12 OctDec 2019Filed 9 JanMar 2020Filed 24 AprJun 2020Filed 13 JulSep 2020Filed 12 OctDec 2020Filed 12 JanMar 2021Filed 12 AprJun 2021Filed 8 JulSep 2021Filed 13 OctDec 2021Filed 7 JanMar 2022Filed 13 AprJun 2022Filed 18 JulSep 2022Filed 19 OctDec 2022Filed 16 JanMar 2023Filed 20 AprJun 2023Filed 17 JulSep 2023Filed 11 OctDec 2023Filed 20 JanMar 2024Filed 23 AugJun 2024Filed 16 DecSep 2024Filed 21 OctDec 2024Filed 21 JanMar 2025Filed 18 AprJun 2025Filed 19 JulSep 2025Filed 21 OctDec 2025Filed 13 JanMar 2026Filed 20 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
47.43%47.43%57.68%57.72%57.72%57.72%57.72%49.28%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%56.30%56.30%56.83%56.84%56.84%59.34%59.39%59.39%59.39%59.39%59.39%59.39%59.60%59.60%59.60%59.60%
Indian promoters47.43%47.43%57.68%57.72%57.72%57.72%57.72%49.28%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%55.60%56.30%56.30%56.83%56.84%56.84%59.34%59.39%59.39%59.39%59.39%59.39%59.39%59.60%59.60%59.60%59.60%
52.57%52.57%42.32%42.28%42.28%42.28%42.28%50.72%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%44.40%43.70%43.70%43.17%43.16%43.16%40.66%40.61%40.61%40.61%40.61%40.61%40.61%40.40%40.40%40.40%40.40%
Promoter shares pledgedShare of the promoters' own shares30.45%30.45%25.04%25.03%25.03%25.03%25.03%29.31%25.98%25.98%25.98%25.98%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%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Shares in issue53,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70053,56,70089,27,83389,27,83389,27,83389,27,83389,27,83389,27,83389,27,83388,95,21788,95,21788,95,21788,95,217
Shares locked in–––––––––––1,5001,500–––––––––––––––––––––––––––
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 Shree Ajit Pulp & Paper shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 17 JanMar 2017Filed 8 AprJun 2017Filed 12 SepSep 2017Filed 25 JunDec 2017Filed 25 JunMar 2018Filed 15 MayJun 2018Filed 17 JulSep 2018Filed 14 OctDec 2018Filed 11 JanMar 2019Filed 10 AprJun 2019Filed 15 JulSep 2019Filed 12 OctDec 2019Filed 9 JanMar 2020Filed 24 AprJun 2020Filed 13 JulSep 2020Filed 12 OctDec 2020Filed 12 JanMar 2021Filed 12 AprJun 2021Filed 8 JulSep 2021Filed 13 OctDec 2021Filed 7 JanMar 2022Filed 13 AprJun 2022Filed 18 JulSep 2022Filed 19 OctDec 2022Filed 16 JanMar 2023Filed 20 AprJun 2023Filed 17 JulSep 2023Filed 11 OctDec 2023Filed 20 JanMar 2024Filed 23 AugJun 2024Filed 16 DecSep 2024Filed 21 OctDec 2024Filed 21 JanMar 2025Filed 18 AprJun 2025Filed 19 JulSep 2025Filed 21 OctDec 2025Filed 13 JanMar 2026Filed 20 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
All shareholders1,4811,4241,3171,3651,3251,2651,2141,1951,2541,1761,1461,1191,0191,0081,0501,0681,0031,0671,4811,8341,8521,8671,9521,9291,9781,9061,9211,8991,8952,5922,3982,4822,5252,4022,3492,2762,1302,1462,1432,186
6688888666666666666666666666666666666666
Indian promoters6688888666666666666666666666666666666666
1,4751,4181,3091,3571,3171,2571,2061,1891,2481,1701,1401,1131,0131,0021,0441,0629971,0611,4751,8281,8461,8611,9461,9231,9721,9001,9151,8931,8892,5862,3922,4762,5192,3962,3432,2702,1242,1402,1372,180
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.

Shree Ajit Pulp & Paper 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 Gautam D Shah, 20.79%.Promoter buying and selling

Holder
Gautam D ShahIndividuals and Hindu undivided families20.79%18,49,402
Suresh Chimanlal ShahIndividuals and Hindu undivided families16.86%14,99,854
Varun ShahIndividuals and Hindu undivided families8.35%7,42,833
Bela G ShahIndividuals and Hindu undivided families7.56%6,72,899
Sunita S ShahIndividuals and Hindu undivided families3.67%3,26,501
Devashri Gautam ShahIndividuals and Hindu undivided families2.36%2,10,333
No promoter shares are reported as pledged.

Largest public holders of Shree Ajit Pulp & Paper, filing by filing

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

HolderDec 2016Filed 17 JanMar 2017Filed 8 AprJun 2017Filed 12 SepSep 2017Filed 25 JunDec 2017Filed 25 JunMar 2018Filed 15 MayJun 2018Filed 17 JulSep 2018Filed 14 OctDec 2018Filed 11 JanMar 2019Filed 10 AprJun 2019Filed 15 JulSep 2019Filed 12 OctDec 2019Filed 9 JanMar 2020Filed 24 AprJun 2020Filed 13 JulSep 2020Filed 12 OctDec 2020Filed 12 JanMar 2021Filed 12 AprJun 2021Filed 8 JulSep 2021Filed 13 OctDec 2021Filed 7 JanMar 2022Filed 13 AprJun 2022Filed 18 JulSep 2022Filed 19 OctDec 2022Filed 16 JanMar 2023Filed 20 AprJun 2023Filed 17 JulSep 2023Filed 11 OctDec 2023Filed 20 JanMar 2024Filed 23 AugJun 2024Filed 16 DecSep 2024Filed 21 OctDec 2024Filed 21 JanMar 2025Filed 18 AprJun 2025Filed 19 JulSep 2025Filed 21 OctDec 2025Filed 13 JanMar 2026Filed 20 AprJun 2026Filed 21 JulSep 2026Filed 21 Oct
Mayur Jayantilal ShahResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––––––––––––9.17%9.17%9.20%9.20%9.20%9.20%
Swetal M ShahResident individuals, over ₹2 lakh at face value–––––––––––––––––––––2.94%2.94%2.94%2.94%2.94%3.80%3.79%3.80%3.81%3.81%3.81%3.81%3.81%3.81%3.81%3.82%3.82%3.82%3.82%
Mahesh Hemraj ShahResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––––––––3.50%3.50%3.50%3.50%3.50%3.50%3.51%3.51%3.51%3.51%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund–––––––––––––––––––––3.75%3.75%––––––––––––2.30%2.32%2.28%2.25%2.25%
Rushabh Maheshbhai ShahResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––––––––––––––1.61%2.18%2.18%2.18%
Bharat Mafatlal ShahResident individuals, over ₹2 lakh at face value5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%5.06%4.29%4.29%4.29%4.29%4.24%4.24%4.24%4.24%3.64%2.97%2.24%1.67%1.67%1.67%
Damyantiben Maheshbhai ShahResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––––––––––––1.40%1.40%1.41%1.41%1.41%1.41%
Ritu GargResident individuals, over ₹2 lakh at face value––––––1.02%1.02%1.02%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%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%
Mayur J ShahResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––9.12%9.12%9.12%9.12%9.16%9.16%9.16%9.17%9.17%––––––
IEPFInvestor education fund––––––––––––––1.42%3.70%3.70%3.70%3.70%3.70%3.75%–––––––––2.28%–––––––––
Mahesh H ShahResident individuals, over ₹2 lakh at face value4.28%4.28%4.28%4.28%4.28%4.31%4.31%4.31%4.31%4.31%4.31%4.31%4.31%4.31%4.33%4.33%4.32%4.31%4.31%3.85%3.61%3.32%3.32%3.29%3.30%3.26%3.26%3.26%3.27%3.49%––––––––––
Chandra C ShahResident individuals, over ₹2 lakh at face value––––––––2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%2.09%1.40%1.40%––––––––––––––
Jayantilal Mafatlal ShahResident individuals, over ₹2 lakh at face value–––––––8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.13%8.12%8.12%–––––––––––––––
Swetal Mayur ShahResident individuals, over ₹2 lakh at face value2.62%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.66%2.93%2.93%2.94%2.94%2.94%2.94%2.94%2.94%2.94%2.94%2.94%2.94%–––––––––––––––––––
Dipak R. ShahResident individuals, over ₹2 lakh at face value1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%1.88%–––––––––––––––––––––––––
Bela Piyush ShahResident individuals, over ₹2 lakh at face value6.79%6.79%6.79%6.79%6.79%6.80%6.80%6.80%––––––––––––––––––––––––––––––––
Chanra C ShahResident individuals, over ₹2 lakh at face value–––––2.09%2.09%2.09%––––––––––––––––––––––––––––––––
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.