VST Industries logo

VST Industries shareholders and shareholding pattern

NSE: VSTINDBSE: 509966Cigarettes & Tobacco ProductsSmall Cap

Last close ₹197.15down ₹1.87 (0.94%)BSE ₹197.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹199.02.

52-week range of traded prices to 23 Oct 2026
₹194.42Low, 23 Oct 2026₹286.78High, 17 Apr 2026
Market cap
₹3,349 Cr847th largest listed
P/E
12.0
P/B
2.3
Dividend yield
6.09%
ROE
Assets held for saleon the latest balance sheet
ROCE
Assets held for saleon the latest balance sheet
Debt to equity
Assets held for saleon the latest balance sheet
Volume, NSE
1,94,56351.7% delivered

Who owns VST Industries, 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

  • Promoters32.16%
  • Foreign institutions1.25%
  • Indian institutions5.91%
  • Individuals and others60.49%
  • Employee trusts0.19%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
  • Employee trusts
Per centDec 2016Filed 16 JanMar 2017Filed 21 AprJun 2017Filed 14 JulSep 2017Filed 11 OctDec 2017Filed 12 JanMar 2018Filed 16 AprJun 2018Filed 19 JulSep 2018Filed 16 OctDec 2018Filed 11 JanMar 2019Filed 12 AprJun 2019Filed 11 JulSep 2019Filed 18 OctDec 2019Filed 10 JanMar 2020Filed 13 AprJun 2020Filed 7 AugSep 2020Filed 15 OctDec 2020Filed 11 JanMar 2021Filed 8 AprJun 2021Filed 14 JulSep 2021Filed 11 OctDec 2021Filed 10 JanMar 2022Filed 7 AprJun 2022Filed 11 JulSep 2022Filed 21 OctDec 2022Filed 12 JanMar 2023Filed 12 AprJun 2023Filed 5 JulSep 2023Filed 5 OctDec 2023Filed 5 JanMar 2024Filed 19 AprJun 2024Filed 4 JulSep 2024Filed 4 OctDec 2024Filed 21 JanMar 2025Filed 11 AprJun 2025Filed 14 JulSep 2025Filed 10 OctDec 2025Filed 10 JanMar 2026Filed 8 AprJun 2026Filed 9 JulSep 2026Filed 7 Oct
32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%
Foreign promoters32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%32.16%
67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.84%67.64%67.64%67.64%67.47%67.47%67.47%67.47%67.47%67.47%67.47%67.47%67.47%67.65%67.65%67.65%67.65%67.65%67.65%67.65%67.65%67.65%
Employee trusts–––––––––––––––––––0.20%0.20%0.20%0.37%0.37%0.37%0.37%0.37%0.37%0.37%0.37%0.37%0.19%0.19%0.19%0.19%0.19%0.19%0.19%0.19%0.19%
Shares in issue1,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,9201,54,41,92016,98,61,12016,98,61,12016,98,61,12016,98,61,12016,98,61,12016,98,61,12016,98,61,12016,98,61,12016,98,61,120
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.

Number of VST Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 16 JanMar 2017Filed 21 AprJun 2017Filed 14 JulSep 2017Filed 11 OctDec 2017Filed 12 JanMar 2018Filed 16 AprJun 2018Filed 19 JulSep 2018Filed 16 OctDec 2018Filed 11 JanMar 2019Filed 12 AprJun 2019Filed 11 JulSep 2019Filed 18 OctDec 2019Filed 10 JanMar 2020Filed 13 AprJun 2020Filed 7 AugSep 2020Filed 15 OctDec 2020Filed 11 JanMar 2021Filed 8 AprJun 2021Filed 14 JulSep 2021Filed 11 OctDec 2021Filed 10 JanMar 2022Filed 7 AprJun 2022Filed 11 JulSep 2022Filed 21 OctDec 2022Filed 12 JanMar 2023Filed 12 AprJun 2023Filed 5 JulSep 2023Filed 5 OctDec 2023Filed 5 JanMar 2024Filed 19 AprJun 2024Filed 4 JulSep 2024Filed 4 OctDec 2024Filed 21 JanMar 2025Filed 11 AprJun 2025Filed 14 JulSep 2025Filed 10 OctDec 2025Filed 10 JanMar 2026Filed 8 AprJun 2026Filed 9 JulSep 2026Filed 7 Oct
All shareholders13,46013,56913,50814,41113,35013,74814,24414,88715,61614,63813,86913,95714,50916,00021,53423,23622,98624,18626,78030,85933,36133,44133,28932,98832,58832,00231,25830,43131,07332,86834,3551,05,8321,22,8571,50,5481,58,7551,54,5211,51,0771,46,8151,48,5181,49,350
3333333333333333333333333333333333333333
Foreign promoters3333333333333333333333333333333333333333
13,45713,56613,50514,40813,34713,74514,24114,88415,61314,63513,86613,95414,50615,99721,53123,23322,98324,18326,77730,85533,35733,43733,28532,98432,58431,99831,25430,42731,06932,86434,3511,05,8281,22,8531,50,5441,58,7511,54,5171,51,0731,46,8111,48,5141,49,346
Employee trusts–––––––––––––––––––111111111111111111111
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.

VST Industries 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 The Raleigh Investment Company Limited, 23.45%.Promoter buying and selling

Holder
The Raleigh Investment Company LimitedForeign companies and others23.45%3,98,24,620
Tobacco Manufacturers (India) LimitedForeign companies and others8.28%1,40,68,362
Rothmans International Enterprises LimitedForeign companies and others0.43%7,31,940
No promoter shares are reported as pledged.

Largest public holders of VST Industries, filing by filing

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

HolderDec 2016Filed 16 JanMar 2017Filed 21 AprJun 2017Filed 14 JulSep 2017Filed 11 OctDec 2017Filed 12 JanMar 2018Filed 16 AprJun 2018Filed 19 JulSep 2018Filed 16 OctDec 2018Filed 11 JanMar 2019Filed 12 AprJun 2019Filed 11 JulSep 2019Filed 18 OctDec 2019Filed 10 JanMar 2020Filed 13 AprJun 2020Filed 7 AugSep 2020Filed 15 OctDec 2020Filed 11 JanMar 2021Filed 8 AprJun 2021Filed 14 JulSep 2021Filed 11 OctDec 2021Filed 10 JanMar 2022Filed 7 AprJun 2022Filed 11 JulSep 2022Filed 21 OctDec 2022Filed 12 JanMar 2023Filed 12 AprJun 2023Filed 5 JulSep 2023Filed 5 OctDec 2023Filed 5 JanMar 2024Filed 19 AprJun 2024Filed 4 JulSep 2024Filed 4 OctDec 2024Filed 21 JanMar 2025Filed 11 AprJun 2025Filed 14 JulSep 2025Filed 10 OctDec 2025Filed 10 JanMar 2026Filed 8 AprJun 2026Filed 9 JulSep 2026Filed 7 Oct
Bright Star Investments Pvt. Ltd.Companies25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%25.95%–25.95%25.95%25.95%
Radhakishan Shivkishan DamaniResident individuals, over ₹2 lakh at face value––––––––––––3.26%4.97%–4.97%5.08%––1.63%1.63%1.63%1.63%1.63%–––––1.95%–3.15%3.15%3.15%3.15%3.15%3.15%3.15%3.15%3.15%
The New India Assurance Co. Ltd.Insurance companies1.71%1.71%–1.53%1.53%––1.53%1.53%1.53%1.53%–1.53%1.53%1.53%1.53%1.53%–1.53%1.53%––1.53%––––1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%1.51%–1.51%1.51%1.51%
BRIGHT STAR INVESTMENTSCompanies––––––––––––––––––––––––––––––––––––25.95%–––
THE NEW INDIA ASSURANCE COMPANY LIMITEDInsurance companies––1.56%––1.53%1.53%––––1.53%–––––1.53%––1.53%1.53%–1.53%1.51%1.51%––––––––––1.51%–––
VST Industries Limited-Unclaimed Shares Demat Suspense AccountResident individuals, over ₹2 lakh at face value–––––––––––––––––––––––––––––––1.58%––––––––
Derive Trading and Resorts Pvt. Ltd.Companies–––––––––––––––––4.21%4.21%4.68%4.68%4.76%4.76%4.76%4.76%4.76%4.76%4.76%4.76%4.76%5.24%–––––––––
Radhakishan S DamaniResident individuals, over ₹2 lakh at face value––––––––––––––4.97%In concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concert3.47%In concertIn concertIn concertIn concertIn concertIn concertIn concertIn concertIn concert
The New India Auurance Co. Ltd.Insurance companies––––––––––––––––––––––––––1.51%–––––––––––––
Matthews India FundInstitutions Foreign Portfolio Investor7.68%7.68%7.68%7.68%7.56%7.56%7.56%7.56%7.56%7.56%7.56%6.55%5.32%3.95%3.21%2.51%2.25%1.87%1.56%1.41%1.09%1.01%––––––––––––––––––
ICICI Lombard General Insurance Co. Ltd.Other non-institutions2.14%2.14%2.14%2.14%2.11%1.96%1.49%–––––––––––––––––––––––––––––––––
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. “In concert” is a filing that named the holder only among the persons acting in concert; the latest filing's list is below.

Persons acting in concert

From the filing for Sep 2026.

NameHoldingShares
Radhakishan S Damani30.94%5,25,80,555
Shareholders who act together in the company, with what each holds. The list can repeat holders shown above, under another name or as one of a fund house's schemes.