Veto Switchgears and Cables shareholders and shareholding pattern
NSE: VETOBSE: 539331Consumer DurablesSmall Cap
Last close ₹122.73down ₹5.36 (4.18%)BSE ₹122.10
Share price at the NSE close on 23 Oct 2026. Previous close ₹128.09.
52-week range of traded prices to 23 Oct 2026
₹82.32Low, 30 Mar 2026₹155.90High, 28 Sep 2026
- 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.
- ₹235 Cr2,374th 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.
- Earlier quarters restated in the year
- 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 28 May 2026
- 0.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.81%
- 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 13 Aug 2026
- 11.8%
- 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 28 May 2026
- 0.07
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 53,10859.4% delivered
Who owns Veto Switchgears and Cables, 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
- Promoters45.06%
- Foreign institutions0.66%
- Indian institutionsNone
- Individuals and others54.28%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2016Filed 19 Jan | Mar 2017Filed 17 Apr | Jun 2017Filed 21 Jul | Sep 2017Filed 18 Oct | Dec 2017Filed 17 Jan | Mar 2018Filed 17 Apr | Jun 2018Filed 4 Apr | Sep 2018Filed 4 Apr | Dec 2018Filed 4 Apr | Mar 2019Filed 20 Apr | Jun 2019Filed 22 Jul | Sep 2019Filed 6 Nov | Dec 2019Filed 18 Jan | Mar 2020Filed 14 May | Jun 2020Filed 8 Aug | Sep 2020Filed 3 Nov | Dec 2020Filed 19 Jan | Mar 2021Filed 15 Apr | Jun 2021Filed 7 Jul | Sep 2021Filed 19 Oct | Dec 2021Filed 17 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 8 Jul | Sep 2022Filed 20 Oct | Dec 2022Filed 19 Jan | Mar 2023Filed 19 Apr | Jun 2023Filed 12 Jul | Sep 2023Filed 16 Oct | Dec 2023Filed 16 Jan | Mar 2024Filed 16 Apr | Jun 2024Filed 19 Jul | Sep 2024Filed 19 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 9 Apr | Jun 2025Filed 17 Jul | Sep 2025Filed 9 Oct | Dec 2025Filed 16 Jan | Mar 2026Filed 13 Apr | Jun 2026Filed 17 Jul | Sep 2026Filed 20 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 58.19% | 58.19% | 55.05% | 48.66% | 45.94% | 45.94% | 47.55% | 47.55% | 50.07% | 50.07% | 54.22% | 54.22% | 54.22% | 54.22% | 54.22% | 54.22% | 55.74% | 55.74% | 55.74% | 55.74% | 55.74% | 55.74% | 55.74% | 55.74% | 50.08% | 50.08% | 50.08% | 47.15% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | |
| Indian promoters | 58.19% | 58.19% | 55.05% | 44.66% | 41.94% | 41.94% | 43.71% | 43.71% | 46.23% | 46.23% | 50.38% | 50.38% | 50.38% | 50.38% | 50.38% | 50.38% | 51.90% | 51.90% | 51.90% | 51.90% | 51.90% | 51.90% | 51.90% | 51.90% | 46.24% | 46.24% | 46.24% | 43.31% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% | 41.22% |
| Foreign promoters | – | – | – | 4.00% | 4.00% | 4.00% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% | 3.84% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 41.81% | 41.81% | 44.95% | 51.34% | 54.06% | 54.06% | 52.45% | 52.45% | 49.93% | 49.93% | 45.78% | 45.78% | 45.78% | 45.78% | 45.78% | 45.78% | 44.26% | 44.26% | 44.26% | 44.26% | 44.26% | 44.26% | 44.26% | 44.26% | 49.92% | 49.92% | 49.92% | 52.85% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% | 54.94% |
| Shares in issue | 1,83,27,100 | 1,83,27,100 | 1,83,27,100 | 1,83,27,100 | 1,83,27,100 | 1,83,27,100 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,455 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 | 1,91,14,955 |
| 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. | – | – | 1,08,867 | 1,08,867 | 1,08,867 | 1,08,867 | 8,96,722 | 8,96,722 | 8,96,722 | 8,96,722 | 1,08,867 | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – | – |
| Promoters' shares locked in | – | – | 1,08,867 | 1,08,867 | 1,08,867 | 1,08,867 | 7,78,722 | 7,78,722 | 7,78,722 | 7,78,722 | 1,08,867 | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – | – |
| Shares underlying depositary receipts | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500 | 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. 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.
Veto Switchgears and Cables 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 VETO ELECTROPOWERS (INDIA) PRIVATE LIMITED, 32.28%.Promoter buying and selling
| Holder | ||
|---|---|---|
| VETO ELECTROPOWERS (INDIA) PRIVATE LIMITEDIndian companies, trusts and others | 32.28% | 61,70,704 |
| HARISH KUMAR GURNANINon-resident and foreign individuals | 3.84% | 7,33,333 |
| AKSHAY KUMAR GURNANIIndividuals and Hindu undivided families | 3.60% | 6,88,722 |
| PUSHPA DEVI GURNANIIndividuals and Hindu undivided families | 1.49% | 2,84,744 |
| KANISHK KISHORE GURNANIIndividuals and Hindu undivided families | 1.24% | 2,36,985 |
| ROHIT GURNANIIndividuals and Hindu undivided families | 1.22% | 2,32,985 |
| PRIYANKA KISHORE GURNANIIndividuals and Hindu undivided families | 0.92% | 1,75,000 |
| KISHORE KUMAR GURNANIIndividuals and Hindu undivided families | 0.29% | 55,000 |
| SITADEVI GURNANIIndividuals and Hindu undivided families | 0.08% | 15,000 |
| NARAIN DAS GURNANIIndividuals and Hindu undivided families | 0.07% | 13,200 |
| MUKESH GURNANIIndividuals and Hindu undivided families | 0.03% | 6,600 |
No promoter shares are reported as pledged.
Largest public holders of Veto Switchgears and Cables, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 19 Jan | Mar 2017Filed 17 Apr | Jun 2017Filed 21 Jul | Sep 2017Filed 18 Oct | Dec 2017Filed 17 Jan | Mar 2018Filed 17 Apr | Jun 2018Filed 4 Apr | Sep 2018Filed 4 Apr | Dec 2018Filed 4 Apr | Mar 2019Filed 20 Apr | Jun 2019Filed 22 Jul | Sep 2019Filed 6 Nov | Dec 2019Filed 18 Jan | Mar 2020Filed 14 May | Jun 2020Filed 8 Aug | Sep 2020Filed 3 Nov | Dec 2020Filed 19 Jan | Mar 2021Filed 15 Apr | Jun 2021Filed 7 Jul | Sep 2021Filed 19 Oct | Dec 2021Filed 17 Jan | Mar 2022Filed 18 Apr | Jun 2022Filed 8 Jul | Sep 2022Filed 20 Oct | Dec 2022Filed 19 Jan | Mar 2023Filed 19 Apr | Jun 2023Filed 12 Jul | Sep 2023Filed 16 Oct | Dec 2023Filed 16 Jan | Mar 2024Filed 16 Apr | Jun 2024Filed 19 Jul | Sep 2024Filed 19 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 9 Apr | Jun 2025Filed 17 Jul | Sep 2025Filed 9 Oct | Dec 2025Filed 16 Jan | Mar 2026Filed 13 Apr | Jun 2026Filed 17 Jul | Sep 2026Filed 20 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RISHABH PANTResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.67% | 3.02% |
| DHEERAJ KUMAR LOHIAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.43% | – | 1.43% | 1.43% | 1.43% | 1.55% | 1.55% |
| MAHENDRA GIRDHARILAL WADHWANIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.08% | 1.08% | 1.18% | 1.18% | 1.18% |
| L7 HITECH PRIVATE LIMITEDCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.01% | – | – | – | – | – | – |
| ASHOK KUMAR LODHAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.54% | 1.35% | 1.05% | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – |
| BHUPESH KUMAR LODHAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | 1.05% | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SEETHA KUMARIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.68% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TUSHAR RAMESHCHANDRA MEHTAResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.01% | – | – | – | – | 1.68% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| HARISH D NARWANIOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.56% | 2.97% | 2.97% | 2.97% | 2.97% | 2.97% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ELARA INDIA OPPORTUNITIES FUND LIMITEDInstitutions Foreign Portfolio Investor | – | – | – | – | – | 1.28% | 1.23% | 1.23% | 1.23% | 1.25% | 1.34% | 1.34% | 1.40% | 1.40% | 1.40% | 1.37% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | 1.32% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVEN INDIA FUNDInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | 1.55% | 1.84% | 2.73% | 2.73% | 2.73% | 1.85% | 3.84% | 3.63% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ASHISH BHARATKUMAR SHAHResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.17% | 2.59% | 3.00% | 2.87% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| HEMANT HIRALAL SHAHResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.58% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ANUSHREE HIMANSHUBHAI SHAHResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.31% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| HEM FINLEASE PVT LTDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.13% | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAHALAXMI BROKERAGE (INDIA) PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.54% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| COMFORT SECURITIES LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.42% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK SHARE BROKERS PRIVATE LIMITED CLIENTOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.03% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| COMFORT SECURITIES LTD - COLLATERAL ACCOUNTOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK SHARE BROKERS PRIVATE LIMITED CLIENT UNPAIDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.97% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK SHARE BROKERS PRIVATE LIMITED - COLLETRAL A/C. (NSE)Other non-institutions | – | – | – | – | – | – | – | – | – | – | 2.75% | 2.75% | 2.75% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SENNA PENDULAInstitutions Foreign Portfolio Investor | 2.71% | 2.71% | 2.71% | 4.24% | 4.24% | 4.24% | 4.06% | 4.06% | 4.06% | 4.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| GLOBE CAPITAL MARKET LTDOther non-institutions | – | – | – | – | – | – | – | – | – | 2.14% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| JAYANTI DAHYABHAI PATELResident individuals, over ₹2 lakh at face value | – | – | – | – | – | 1.42% | 1.36% | 1.36% | 1.62% | 1.31% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK SHARE BROKERS PRIVATE LIMITED - CLIENT BENEFICIARY A/COther non-institutions | – | – | – | – | – | – | – | – | 1.77% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SI INVESTMENTS AND BROKING PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | 4.42% | 4.44% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| RELIANCE WEALTH MANAGEMENT LIMITEDOther non-institutions | – | – | – | – | – | – | – | 1.32% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BRAHMAL VASUDEVANResident individuals, over ₹2 lakh at face value | 2.26% | 2.26% | 2.26% | 2.26% | 2.26% | 1.33% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK FINANCIAL SERVICES PRIVATE LIMITEDNon-bank lenders registered with RBI | 1.54% | – | – | – | – | 1.24% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MAVERICK SHARE BROKERS LIMITED - CLIENT BENEFICIARY A/COther non-institutions | – | – | – | – | 3.00% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MONARCH NETWORTH CAPITAL LIMITEDOther non-institutions | – | – | – | – | 1.58% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SILVER STALLION LIMITEDInstitutions Foreign Portfolio Investor | 2.91% | 2.91% | 2.91% | 2.91% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BONANZA PORTFOLIO LTDOther non-institutions | – | – | – | 1.40% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SNEHAL BHUPENDRA SHAHResident individuals, over ₹2 lakh at face value | – | – | – | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KUBER INDIA FUNDInstitutions Foreign Portfolio Investor | – | 1.54% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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.