Subex shareholders and shareholding pattern
NSE: SUBEXLTDBSE: 532348IT - SoftwareSmall Cap
Formerly Subex Azure
Last close ₹16.57down ₹0.53 (3.10%)BSE ₹16.59
Share price at the NSE close on 23 Oct 2026. Previous close ₹17.10.
52-week range of traded prices to 23 Oct 2026
₹6.61Low, 30 Mar 2026₹22.80High, 23 Sep 2026
- Next results date: the board meets on 3 Nov 2026 to consider: financial results.
- 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.
- ₹931 Cr1,790th 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. The filing of 5 Aug 2026
- 31.1
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹4.66 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 26.9
- 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. The filing of 13 May 2026
- 2.7
- 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 is the average of the latest balance sheet and the one a year before it. The filing of 5 Aug 2026
- 9.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹4.66 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 10.7%
- 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 5 Aug 2026
- 8.4%
- 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. The filing of 13 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 77,01,72830.6% delivered
Who owns Subex, filing by filing
Per cent of all the company's shares, counting those held against depositary receipts traded abroad where a filing has them. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- PromotersNone
- Foreign institutions1.08%
- Indian institutionsNone
- Individuals and others97.64%
- Employee trusts1.27%
- Depositary receiptsNone
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
- Employee trusts
- Depositary receipts
| Per cent | Dec 2016Filed 19 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 20 Jul | Sep 2017Filed 17 Oct | Dec 2017Filed 17 Jan | Mar 2018Filed 20 Apr | Jun 2018Filed 19 Jul | Sep 2018Filed 16 Oct | Dec 2018Filed 17 Jan | Mar 2019Filed 7 May | Jun 2019Filed 19 Jul | Sep 2019Filed 22 Oct | Dec 2019Filed 21 Jan | Mar 2020Filed 8 May | Jun 2020Filed 18 Jul | Sep 2020Filed 21 Oct | Dec 2020Filed 20 Jan | Mar 2021Filed 20 Apr | Jun 2021Filed 19 Jul | Sep 2021Filed 18 Oct | Dec 2021Filed 19 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 19 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 17 Jan | Mar 2023Filed 14 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 18 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 16 Apr | Jun 2024Filed 18 Jul | Sep 2024Filed 18 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 21 Apr | Jun 2025Filed 10 Jul | Sep 2025Filed 19 Oct | Dec 2025Filed 8 Jan | Mar 2026Filed 8 Apr | Jun 2026Filed 15 Jul | Sep 2026Filed 7 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.19% | 0.19% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.12% | 0.08% | 0.08% | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | None | |
| Indian promoters | 0.19% | 0.19% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.12% | 0.08% | 0.08% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 99.76% | 99.76% | 99.78% | 99.78% | 99.78% | 99.78% | 99.78% | 99.84% | 97.88% | 97.88% | 97.96% | 96.75% | 95.97% | 96.05% | 96.06% | 96.09% | 96.24% | 96.42% | 96.95% | 97.18% | 97.31% | 97.60% | 97.80% | 97.82% | 97.97% | 98.02% | 98.21% | 98.44% | 98.47% | 98.62% | 98.62% | 98.62% | 98.62% | 98.62% | 98.73% | 98.73% | 98.73% | 98.73% | 98.73% | 98.73% |
| Employee trusts | – | – | – | – | – | – | – | – | 1.99% | 1.99% | 1.99% | 3.21% | 3.99% | 3.91% | 3.90% | 3.86% | 3.72% | 3.54% | 3.01% | 2.77% | 2.64% | 2.36% | 2.16% | 2.14% | 2.03% | 1.98% | 1.79% | 1.56% | 1.53% | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
| Depositary receipts | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Promoter shares pledgedShare of the promoters' own shares | 100.00% | 100.00% | 100.00% | 100.00% | 10.45% | 10.45% | 10.45% | 15.68% | 21.48% | 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% | – | – | – | – | – | – |
| Shares in issue | 50,69,07,936 | 50,69,07,936 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 | 56,20,02,935 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | – | – | 5,50,94,999 | 5,50,94,999 | 5,50,94,999 | 5,50,94,999 | 5,50,94,999 | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
| Shares underlying depositary receipts | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 2,43,207 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | 0 | – |
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. “None” is a filing that names no promoter holding shares. “Under 0.01%” is a holding of shares too small to show at two decimals.
Largest public holders of Subex, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 19 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 20 Jul | Sep 2017Filed 17 Oct | Dec 2017Filed 17 Jan | Mar 2018Filed 20 Apr | Jun 2018Filed 19 Jul | Sep 2018Filed 16 Oct | Dec 2018Filed 17 Jan | Mar 2019Filed 7 May | Jun 2019Filed 19 Jul | Sep 2019Filed 22 Oct | Dec 2019Filed 21 Jan | Mar 2020Filed 8 May | Jun 2020Filed 18 Jul | Sep 2020Filed 21 Oct | Dec 2020Filed 20 Jan | Mar 2021Filed 20 Apr | Jun 2021Filed 19 Jul | Sep 2021Filed 18 Oct | Dec 2021Filed 19 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 19 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 17 Jan | Mar 2023Filed 14 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 18 Oct | Dec 2023Filed 12 Jan | Mar 2024Filed 16 Apr | Jun 2024Filed 18 Jul | Sep 2024Filed 18 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 21 Apr | Jun 2025Filed 10 Jul | Sep 2025Filed 19 Oct | Dec 2025Filed 8 Jan | Mar 2026Filed 8 Apr | Jun 2026Filed 15 Jul | Sep 2026Filed 7 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNO METALS LTDCompanies | 2.99% | 3.40% | 3.77% | 3.77% | 2.28% | 4.56% | 2.57% | 2.57% | 2.57% | 3.45% | – | 1.86% | 1.86% | 1.51% | – | 1.19% | 1.68% | 1.68% | – | – | – | – | – | – | – | 3.29% | 4.72% | 4.75% | 3.41% | – | – | – | – | – | – | – | – | – | – | – |
| AKG FINVEST PRIVATE LTDCompanies | – | – | – | – | – | – | – | – | – | – | – | 1.24% | 1.24% | 1.20% | – | 1.33% | 1.60% | 1.60% | – | – | – | – | – | – | – | 3.29% | 4.72% | 4.75% | 2.88% | – | – | – | – | – | – | – | – | – | – | – |
| RAJESH GOENKAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | 1.51% | 1.60% | 1.51% | 1.09% | 1.09% | 1.09% | 1.09% | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| JOSEPH JIVANAYAKAM DANIELResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SHAILESH V HARIBHAKTIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.03% | 1.12% | 1.13% | 1.13% | 1.13% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ANAGHA ADVISORS LLPOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.38% | 1.38% | 1.38% | 1.38% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ALTRUIST CUSTOMER MANAGEMENT INDIA PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.23% | 1.22% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| STOCK HOLDING CORPORATION OF INDIA LTD - A/C NSE DERIVATIVESOther non-institutions | – | – | – | – | – | – | – | – | – | 1.19% | 1.17% | 1.20% | – | 3.13% | 3.13% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| EDELWEISS CUSTODIAL SERVICES LIMITEDOther non-institutions | – | – | – | – | – | – | – | 1.01% | – | – | 1.96% | 1.87% | 2.03% | 1.78% | 2.08% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| GOENKA SECURITIES PVT LTDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.33% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ALTRUIST TECHNOLOGIES PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | 1.13% | 1.65% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| STOCK HOLDING CORPORATION OF INDIA LTD - A/C NSEOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | 1.17% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| GANPATI DEALCOM PRIVATE LTDOther non-institutions | – | – | – | – | – | – | – | – | – | – | 1.07% | 1.07% | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KRISHNI DEVI GOENKAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | 1.07% | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| JM FINANCIAL SERVICES LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | 1.06% | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SHIVANI TARUN HARIBHAKTIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | 2.06% | 1.64% | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| AKG FINVEST LTDOther non-institutions | 3.96% | 3.96% | 3.84% | – | 2.56% | 3.51% | 3.56% | 3.31% | 3.30% | 3.30% | 2.22% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ASHOK KUMAR GOENKAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| EDELWEISS BROKING LTDOther non-institutions | – | – | – | – | – | – | – | – | 1.92% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VERTEX CUSTOMER MANAGEMENT INDIA PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | 1.33% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| STOCK HOLDING CORPORATION OF INDIA LTDOther non-institutions | – | – | – | – | – | – | – | 1.75% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| QVT SINGAPORE FUND PTE. LTD.Institutions Foreign Portfolio Investor | – | – | 4.90% | 4.90% | 4.90% | 4.90% | 4.90% | 1.60% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TONBRIDGE (MAURITIUS) LIMITEDInstitutions Foreign Portfolio Investor | – | – | 3.19% | 3.19% | 3.19% | 3.19% | 3.19% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| LEEDS (MAURITIUS) LIMITEDInstitutions Foreign Portfolio Investor | – | – | 1.72% | 1.72% | 1.72% | 1.72% | 1.72% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ANGEL FINCAP PRIVATE LTDOther non-institutions | 1.15% | 1.43% | 1.45% | 1.38% | 1.39% | 1.34% | 1.37% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| QVT MAURITIUS WEST FUNDOther non-institutions | 8.49% | 8.49% | 7.65% | 7.14% | 3.78% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| DEUTSCHE BANK AG LONDON-CB ACCOUNTOther non-institutions | – | 3.44% | 1.55% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| DEUTSCHE BANK AG LONDONOther non-institutions | 3.44% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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.