Shalimar Paints logo

Shalimar Paints shareholders and shareholding pattern

NSE: SHALPAINTSBSE: 509874Consumer DurablesSmall Cap

Last close ₹77.36down ₹3.95 (4.86%)BSE ₹77.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹81.31.

52-week range of traded prices to 23 Oct 2026
₹35.21Low, 30 Mar 2026₹95.95High, 17 Aug 2026
Market cap
₹648 Cr1,891st largest listed
P/E
Lossover the last 12 months
P/B
2.6
Dividend yield
Nonein the last 12 months
ROE
−24.5%
ROCE
−11.5%
Debt to equity
0.63
Volume, NSE
1,12,575

Who owns Shalimar Paints, 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

  • Promoters74.96%
  • Foreign institutions0.01%
  • Indian institutions0.03%
  • Individuals and others24.99%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 20 JanMar 2017Filed 21 AprJun 2017Filed 11 JulSep 2017Filed 9 OctDec 2017Filed 11 JanMar 2018Filed 18 AprJun 2018Filed 18 JulSep 2018Filed 20 OctDec 2018Filed 16 JanMar 2019Filed 16 AprJun 2019Filed 20 JulSep 2019Filed 17 JanDec 2019Filed 31 JanMar 2020Filed 8 JunJun 2020Filed 7 JulSep 2020Filed 8 OctDec 2020Filed 8 JanMar 2021Filed 12 AprJun 2021Filed 14 JulSep 2021Filed 11 OctDec 2021Filed 14 JanMar 2022Filed 18 AprJun 2022Filed 19 JulSep 2022Filed 21 OctDec 2022Filed 20 JanMar 2023Filed 5 JunJun 2023Filed 19 JulSep 2023Filed 18 OctDec 2023Filed 18 JanMar 2024Filed 16 AprJun 2024Filed 17 JulSep 2024Filed 21 OctDec 2024Filed 16 JanMar 2025Filed 20 AprJun 2025Filed 21 JulSep 2025Filed 21 OctDec 2025Filed 19 JanMar 2026Filed 18 AprJun 2026Filed 13 JulSep 2026Filed 16 Oct
62.30%62.30%62.30%62.30%62.31%62.32%63.08%63.09%63.09%52.52%53.10%53.10%53.10%53.10%53.10%53.10%53.10%53.10%53.10%53.10%53.10%39.92%39.92%39.92%39.92%39.92%39.92%39.92%31.90%75.73%75.73%75.73%75.73%74.96%74.96%74.96%74.96%74.96%74.96%74.96%
Indian promoters31.31%31.31%31.31%31.31%31.32%30.94%32.34%32.34%32.34%38.78%38.31%38.31%38.31%38.31%38.31%38.31%38.31%38.31%38.32%38.32%38.32%29.04%29.04%29.04%29.16%29.16%29.16%29.16%31.90%75.73%75.73%75.73%75.73%74.96%74.96%74.96%74.96%74.96%74.96%74.96%
Foreign promoters30.99%30.99%30.99%30.99%30.99%31.37%30.74%30.75%30.75%13.74%14.78%14.78%14.78%14.78%14.78%14.78%14.78%14.78%14.78%14.78%14.78%10.89%10.89%10.89%10.77%10.77%10.77%10.77%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
37.70%37.70%37.70%37.70%37.69%37.68%36.92%36.91%36.91%47.48%46.90%46.90%46.90%46.90%46.90%46.90%46.90%46.90%46.90%46.90%46.91%60.08%60.08%60.08%60.08%60.08%60.08%60.08%68.10%24.27%24.27%24.27%24.27%25.04%25.04%25.04%25.04%25.04%25.04%25.04%
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%28.47%66.16%66.16%66.16%57.68%57.68%61.35%70.51%70.51%70.51%70.51%
Shares in issue1,89,45,9751,89,45,9751,89,45,9751,89,45,9751,89,45,9751,89,45,9752,24,98,3452,24,98,3452,24,98,3455,36,41,3875,43,00,2595,43,00,2595,43,00,2595,43,00,2595,43,00,2595,43,00,2595,43,00,2595,43,00,2595,43,00,2595,43,00,2595,43,00,2597,22,16,9267,22,16,9267,22,16,9267,22,16,9267,22,16,9267,22,16,9267,22,16,9268,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,1788,37,11,178
Shares locked in–––––––––58,41,57065,00,44206,58,8726,58,8726,58,87206,58,8726,58,8726,58,8726,58,8726,58,8723,42,51,9843,35,93,1121,79,16,6671,79,16,6671,79,16,667001,14,94,2521,14,94,2521,14,94,25257,47,12657,47,12657,47,12657,47,126––––7,744
Promoters' shares locked in–––––––––58,41,57065,00,44206,58,8726,58,8726,58,87206,58,8726,58,8726,58,8726,58,8726,58,8721,63,35,3171,56,76,4450000057,47,1261,14,94,2521,14,94,25257,47,12657,47,12657,47,12657,47,126–––––
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 Shalimar Paints shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 20 JanMar 2017Filed 21 AprJun 2017Filed 11 JulSep 2017Filed 9 OctDec 2017Filed 11 JanMar 2018Filed 18 AprJun 2018Filed 18 JulSep 2018Filed 20 OctDec 2018Filed 16 JanMar 2019Filed 16 AprJun 2019Filed 20 JulSep 2019Filed 17 JanDec 2019Filed 31 JanMar 2020Filed 8 JunJun 2020Filed 7 JulSep 2020Filed 8 OctDec 2020Filed 8 JanMar 2021Filed 12 AprJun 2021Filed 14 JulSep 2021Filed 11 OctDec 2021Filed 14 JanMar 2022Filed 18 AprJun 2022Filed 19 JulSep 2022Filed 21 OctDec 2022Filed 20 JanMar 2023Filed 5 JunJun 2023Filed 19 JulSep 2023Filed 18 OctDec 2023Filed 18 JanMar 2024Filed 16 AprJun 2024Filed 17 JulSep 2024Filed 21 OctDec 2024Filed 16 JanMar 2025Filed 20 AprJun 2025Filed 21 JulSep 2025Filed 21 OctDec 2025Filed 19 JanMar 2026Filed 18 AprJun 2026Filed 13 JulSep 2026Filed 16 Oct
All shareholders11,69212,43812,49113,54214,37214,23214,37414,55514,89315,82515,68815,30315,12417,04419,81722,41025,63024,02829,52032,09227,66225,72823,73923,03223,42922,15021,75221,55623,24024,33326,50330,00931,10029,91331,08632,65932,40831,82631,76831,525
23232424272930313131313131313131313434343333333333333334282828282828282828252524
Indian promoters21212222252626262626262626262626262626262627272728282829282828282828282828252524
Foreign promoters2222234555555555588876665555000000–––––0
11,66912,41512,46713,51814,34514,20314,34414,52414,86215,79415,65715,27215,09317,01319,78622,37925,59923,99429,48632,05827,62925,69523,70622,99923,39622,11721,71921,52223,21224,30526,47529,98131,07229,88531,05832,63132,38031,80131,74331,501
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.

Shalimar Paints 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 Hella Infra Market Limited, 52.85%. The filing names 53 more members with no shares.Promoter buying and selling

Holder
Hella Infra Market LimitedIndian companies, trusts and others52.85%4,42,42,921100.00%
Virtuous Tradecorp Private LimitedIndian companies, trusts and others12.62%1,05,67,5230.00%
JSL LimitedIndian companies, trusts and others3.20%26,81,9920.00%
Hexa Securities and Finance Company LimitedIndian companies, trusts and others1.79%15,00,0000.00%
Nalwa Sons Investments LimitedIndian companies, trusts and others1.64%13,72,5900.00%
Colorado Trading Company Private LimitedIndian companies, trusts and others1.46%12,24,6350.00%
Nalwa Investments LimitedIndian companies, trusts and others0.32%2,70,5690.00%
Urvi JindalIndividuals and Hindu undivided families0.20%1,65,5450.00%
Jindal Equipment Leasing and Consultancy Services LimitedIndian companies, trusts and others0.12%1,02,5000.00%
Deepika JindalIndividuals and Hindu undivided families0.11%89,0620.00%
Stainless Investments LimitedIndian companies, trusts and others0.10%82,5000.00%
PRJ Family Management Company Private LimitedIndian companies, trusts and others0.10%85,4900.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Shalimar Paints, filing by filing

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

HolderDec 2016Filed 20 JanMar 2017Filed 21 AprJun 2017Filed 11 JulSep 2017Filed 9 OctDec 2017Filed 11 JanMar 2018Filed 18 AprJun 2018Filed 18 JulSep 2018Filed 20 OctDec 2018Filed 16 JanMar 2019Filed 16 AprJun 2019Filed 20 JulSep 2019Filed 17 JanDec 2019Filed 31 JanMar 2020Filed 8 JunJun 2020Filed 7 JulSep 2020Filed 8 OctDec 2020Filed 8 JanMar 2021Filed 12 AprJun 2021Filed 14 JulSep 2021Filed 11 OctDec 2021Filed 14 JanMar 2022Filed 18 AprJun 2022Filed 19 JulSep 2022Filed 21 OctDec 2022Filed 20 JanMar 2023Filed 5 JunJun 2023Filed 19 JulSep 2023Filed 18 OctDec 2023Filed 18 JanMar 2024Filed 16 AprJun 2024Filed 17 JulSep 2024Filed 21 OctDec 2024Filed 16 JanMar 2025Filed 20 AprJun 2025Filed 21 JulSep 2025Filed 21 OctDec 2025Filed 19 JanMar 2026Filed 18 AprJun 2026Filed 13 JulSep 2026Filed 16 Oct
Zaki Abbas NasserResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––1.10%1.15%1.10%1.05%–1.13%1.18%––––
Veera GuptaResident individuals, over ₹2 lakh at face value–––––––––8.73%8.62%8.62%8.62%8.62%8.62%8.62%8.62%8.62%8.62%8.62%8.62%6.48%6.48%6.48%6.48%6.48%6.48%6.48%5.59%2.72%2.59%1.12%1.07%–––––––
Vanaja Sundar IyerResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––––––1.57%1.57%––––––––––
Hella Infra Market Private LimitedCompanies–––––––––––––––––––––24.89%24.99%24.99%24.99%24.99%24.99%24.99%21.56%–––––––––––
Hella Infra Market Private Limited - Open Offer Beetal Financial Computer Services PvtOther non-institutions––––––––––––––––––––––––––––16.05%–––––––––––
Rajasthan Global Securities Private LimitedNon-bank lenders registered with RBI–––––––––––––––––––––––2.35%2.17%2.17%2.17%2.17%2.88%–––––––––––
Ashok Kumar GuptaDirectors and their relatives–––––––––3.41%3.36%3.36%3.36%3.36%3.36%3.36%3.36%3.36%3.36%3.36%3.36%2.53%2.53%2.53%2.53%2.53%2.53%2.53%2.18%–––––––––––
EQ India FundAlternative investment funds––––––1.69%1.69%1.69%2.01%1.99%––2.06%2.06%2.06%2.06%–2.21%2.21%2.21%1.55%1.55%1.55%1.55%1.55%1.55%1.55%––––––––––––
Daman Ishwardas GuptaResident individuals, over ₹2 lakh at face value––––––––––––––––––––––1.33%1.21%––––––––––––––––
Ganesh SrinivasanResident individuals, over ₹2 lakh at face value––––––1.11%1.11%1.11%1.17%1.35%1.36%1.39%1.39%1.39%1.39%1.39%2.05%2.05%1.77%1.48%–––––––––––––––––––
Assured Fin - Cap Pvt LtdOther non-institutions2.22%2.22%2.22%2.22%2.22%2.22%3.34%3.51%3.51%1.47%1.45%1.45%–1.28%1.28%1.28%1.28%1.26%1.26%1.26%1.26%–––––––––––––––––––
Equity Intelligence India Private LmitedOther non-institutions–––––––––––––––1.47%––––––––––––––––––––––––
Equity Intelligence India Private LimitedOther non-institutions–––––––––2.33%2.35%2.36%–1.84%1.66%–––––––––––––––––––––––––
Alternate Investment FundsAlternative investment funds––––––––––––3.66%–––––––––––––––––––––––––––
Elsamma JosephOther non-institutions––––––1.04%1.04%1.04%1.10%––––––––––––––––––––––––––––––
National Insurance Company LtdInsurance companies1.76%1.76%1.76%1.76%1.76%1.76%1.48%1.48%1.48%–––––––––––––––––––––––––––––––
ASHA MUKUL AGRAWALResident individuals, over ₹2 lakh at face value1.79%1.79%1.79%1.58%––––––––––––––––––––––––––––––––––––
MATTHEWS EMERGING ASIA FUNDInstitutions Foreign Portfolio Investor2.78%–––––––––––––––––––––––––––––––––––––––
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.