Vadilal Enterprises logo

Vadilal Enterprises shareholders and shareholding pattern

NSE: VADILENTBSE: 519152Food ProductsSmall Cap

Last close ₹9,536.00up ₹36.00 (0.38%)BSE ₹9,530.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹9,500.00.

52-week range of BSE trades to 23 Oct 2026
₹8,161.00Low, 3 Sep 2026₹11,750.00High, 1 Sep 2026
Market cap
₹823 Cr1,565th largest listed
P/E
60.3
P/B
24.9
Dividend yield
0.02%
ROE
49.3%
ROCE
22.6%
Debt to equity
1.82
Volume, NSE
304100.0% delivered

Who owns Vadilal Enterprises, 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

  • Promoters51.03%
  • Foreign institutions0.54%
  • Individuals and others48.43%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Individuals and others
Per centDec 2016Filed 17 JanMar 2017Filed 20 AprJun 2017Filed 21 JulSep 2017Filed 13 OctDec 2017Filed 16 JanMar 2018Filed 4 MayJun 2018Filed 4 JulSep 2018Filed 30 OctDec 2018Filed 8 JanMar 2019Filed 16 AprJun 2019Filed 19 JulSep 2019Filed 6 NovDec 2019Filed 8 JanMar 2020Filed 4 MayJun 2020Filed 18 JulSep 2020Filed 12 OctDec 2020Filed 8 JanMar 2021Filed 7 AprJun 2021Filed 5 JulSep 2021Filed 15 NovDec 2021Filed 11 JanMar 2022Filed 2 AprJun 2022Filed 16 JulSep 2022Filed 18 OctDec 2022Filed 11 JanMar 2023Filed 10 AprJun 2023Filed 25 OctSep 2023Filed 25 OctDec 2023Filed 12 JanMar 2024Filed 5 JunJun 2024Filed 12 JulSep 2024Filed 19 OctDec 2024Filed 20 JanMar 2025Filed 18 AprJun 2025Filed 19 SepSep 2025Filed 10 OctDec 2025Filed 13 JanMar 2026Filed 20 AprJun 2026Filed 16 JulSep 2026Filed 20 Oct
51.30%51.30%51.30%51.30%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.27%51.06%51.03%51.03%
Indian promoters51.30%51.30%51.30%51.30%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.26%51.27%51.06%51.03%51.03%
48.70%48.70%48.70%48.70%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.74%48.73%48.94%48.97%48.97%
Shares in issue8,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,6888,62,6688,62,6688,62,6688,62,6688,62,6688,62,6688,62,668
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.

Number of Vadilal Enterprises shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 17 JanMar 2017Filed 20 AprJun 2017Filed 21 JulSep 2017Filed 13 OctDec 2017Filed 16 JanMar 2018Filed 4 MayJun 2018Filed 4 JulSep 2018Filed 30 OctDec 2018Filed 8 JanMar 2019Filed 16 AprJun 2019Filed 19 JulSep 2019Filed 6 NovDec 2019Filed 8 JanMar 2020Filed 4 MayJun 2020Filed 18 JulSep 2020Filed 12 OctDec 2020Filed 8 JanMar 2021Filed 7 AprJun 2021Filed 5 JulSep 2021Filed 15 NovDec 2021Filed 11 JanMar 2022Filed 2 AprJun 2022Filed 16 JulSep 2022Filed 18 OctDec 2022Filed 11 JanMar 2023Filed 10 AprJun 2023Filed 25 OctSep 2023Filed 25 OctDec 2023Filed 12 JanMar 2024Filed 5 JunJun 2024Filed 12 JulSep 2024Filed 19 OctDec 2024Filed 20 JanMar 2025Filed 18 AprJun 2025Filed 19 SepSep 2025Filed 10 OctDec 2025Filed 13 JanMar 2026Filed 20 AprJun 2026Filed 16 JulSep 2026Filed 20 Oct
All shareholders1,5311,5781,5781,5781,4801,4611,4511,4531,4671,4501,4361,4321,2711,2711,2791,2601,2661,2151,1971,1571,1441,1471,1391,3271,2751,2721,2851,2411,2971,3241,3241,5531,4491,3731,3571,3191,2741,2741,2921,251
19191919202020202020202019191919191919191919191919191919191919191919191920201918
Indian promoters19191919202020202020202019191919191919191919191919191919191919191919191920201918
1,5121,5591,5591,5591,4601,4411,4311,4331,4471,4301,4161,4121,2521,2521,2601,2411,2471,1961,1781,1381,1251,1281,1201,3081,2561,2531,2661,2221,2781,3051,3051,5341,4301,3541,3381,3001,2541,2541,2731,233
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.

Vadilal Enterprises 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 DEVANSHU LAXMANBHAI GANDHI, 13.99%.Promoter buying and selling

Holder
DEVANSHU LAXMANBHAI GANDHIIndian companies, trusts and others13.99%1,20,6961,20,096
IVG TRUST(THROUGH ITS TRUSTEE JANMAJAY GANDHI)Indian companies, trusts and others10.64%91,77791,777
RAJESH RAMCHANDRA GANDHIIndian companies, trusts and others9.13%78,77578,775
VADILAL MARKETING PRIVATE LIMITEDIndian companies, trusts and others5.02%43,29943,299
AXILROD PRIVATE LIMITEDIndian companies, trusts and others5.02%43,30843,308
MAMTA RAJESH GANDHIIndian companies, trusts and others2.47%21,28721,287
BYAD PACKAGING INDUSTRIES PVT LTDIndian companies, trusts and others2.17%18,70018,700
GANDHI VIRENDRA RAMCHANDRA (HUF)Individuals and Hindu undivided families1.35%11,68911,689
DEVAL DEVANSHU GANDHIIndian companies, trusts and others0.55%4,7104,710
RAJESH R. GANDHI HUFIndividuals and Hindu undivided families0.25%2,1162,116
HEMALI PIYUSHKUMAR SURATIIndian companies, trusts and others0.21%1,8261,826
VIRENDRA RAMCHANDRA GANDHIIndian companies, trusts and others0.11%966200
No promoter shares are reported as pledged. In demat is the part of the holding kept electronically; the rest is paper certificates.

Largest public holders of Vadilal Enterprises, filing by filing

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

HolderDec 2016Filed 17 JanMar 2017Filed 20 AprJun 2017Filed 21 JulSep 2017Filed 13 OctDec 2017Filed 16 JanMar 2018Filed 4 MayJun 2018Filed 4 JulSep 2018Filed 30 OctDec 2018Filed 8 JanMar 2019Filed 16 AprJun 2019Filed 19 JulSep 2019Filed 6 NovDec 2019Filed 8 JanMar 2020Filed 4 MayJun 2020Filed 18 JulSep 2020Filed 12 OctDec 2020Filed 8 JanMar 2021Filed 7 AprJun 2021Filed 5 JulSep 2021Filed 15 NovDec 2021Filed 11 JanMar 2022Filed 2 AprJun 2022Filed 16 JulSep 2022Filed 18 OctDec 2022Filed 11 JanMar 2023Filed 10 AprJun 2023Filed 25 OctSep 2023Filed 25 OctDec 2023Filed 12 JanMar 2024Filed 5 JunJun 2024Filed 12 JulSep 2024Filed 19 OctDec 2024Filed 20 JanMar 2025Filed 18 AprJun 2025Filed 19 SepSep 2025Filed 10 OctDec 2025Filed 13 JanMar 2026Filed 20 AprJun 2026Filed 16 JulSep 2026Filed 20 Oct
SANJIV DHIRESHBHAI SHAHResident individuals, over ₹2 lakh at face value3.10%3.10%3.10%–4.91%5.12%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%3.10%5.15%3.10%5.15%3.10%5.15%3.10%6.64%6.64%6.64%6.64%6.64%6.94%6.94%6.94%
SHREY SANJIV SHAHResident individuals, over ₹2 lakh at face value––––––––––––––––––––––––1.00%1.00%1.00%1.00%1.00%1.00%1.00%1.00%2.03%2.03%2.03%2.03%2.03%2.53%2.53%2.53%
RAJESH JAYANTILAL SHAHResident individuals, up to ₹2 lakh at face value––––––––––––––2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.33%2.22%2.22%2.22%2.22%
SHAH KRINABEN SANJIVBHAIResident individuals, up to ₹2 lakh at face value––––––––––––––––––––––––1.07%1.07%1.07%1.07%1.07%1.07%1.07%1.07%2.05%2.05%2.05%2.05%2.05%2.05%2.05%2.05%
MAHARSHEE MADHUKARBHAI MUNSHAWResident individuals, up to ₹2 lakh at face value––––––––––––––––––––––––1.08%1.08%1.08%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%2.03%
Investor Education and Protection FundInvestor education fund––––––––––––––––––1.59%1.59%1.59%1.59%1.59%–––––––––––––1.83%1.81%1.77%1.75%
ABIR INVESTMENTS PRIVATE LIMITEDCompanies––––1.47%–––––––––––––––––––––––––––––––1.11%1.11%1.32%1.58%
MUNSHAW ENTERPRISES LLPCompanies–––––––––1.30%1.30%––1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.37%1.33%1.33%1.33%1.33%1.33%1.33%1.33%1.33%
ABHIJIT NIMISH VASAResident individuals, up to ₹2 lakh at face value––––––––––––––––––––––––1.19%–1.23%––––––––––1.04%1.09%1.18%
APARNA MALAV PATELResident individuals, up to ₹2 lakh at face value–––––––––––––––––––––––––––––––––––––1.10%1.10%1.14%
LAVANYA MADHUKAR MUNSHAWResident individuals, up to ₹2 lakh at face value––––––––––––––––––––––––––––––––––1.01%1.03%1.03%1.03%1.03%1.03%
FIBRE2FASHION PVT LTDCompanies––––––––––––––––––––––––––––––––2.12%2.12%2.12%2.12%2.12%1.13%––
IEPFInvestor education fund–––––––––––––––––––––––––––––––––––1.83%––––
NITINKUMAR KARSANDAS PATELResident individuals, over ₹2 lakh at face value––––––––––2.81%3.08%3.42%3.79%3.85%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%3.86%––––––––
NIRMAL KUMAR GANGWALResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––3.03%3.03%3.03%––––––––
LALITYA MADHUKARBHAI MUNSHAWResident individuals, up to ₹2 lakh at face value––––––––––––––––––––––––1.16%1.16%1.16%1.16%1.16%1.16%1.16%1.16%––––––––
TRINITY CREDIT MANAGEMENT SERVICES LLPCompanies–––––––––––––––––––––––––––3.13%3.13%–––––––––––
SANRINA CONSULTANCY PRIVATE LIMITEDCompanies–––––––––––––––––––––––––2.09%2.30%–––––––––––––
SPS FINQUEST LIMITEDCompanies–––––––––1.51%–––––1.05%1.14%1.14%1.14%1.14%3.24%3.24%3.24%3.24%3.24%1.27%––––––––––––––
JAVERI FISCAL SERVICES LTDOther non-institutions–––––1.24%1.06%––1.34%1.34%––––––1.04%1.19%1.16%––––––––––––––––––––
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSOther non-institutions––––––––––––1.33%1.33%1.33%1.33%1.33%1.33%––––––––––––––––––––––
MUNSHAW ENTERPRISES PVT LTDOther non-institutions1.30%–––1.30%1.30%1.30%–––––––––––––––––––––––––––––––––
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.