Indosolar shareholders and shareholding pattern
NSE: WAAREEINDOBSE: 533257Electrical EquipmentSmall Cap
Last close ₹198.23down ₹2.98 (1.48%)BSE ₹197.75
Share price at the NSE close on 23 Oct 2026. Previous close ₹201.21.
52-week range of traded prices to 23 Oct 2026
₹192.01Low, 23 Oct 2026₹634.35High, 27 Oct 2025
- 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.
- ₹825 Cr1,231st 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 21 Oct 2026
- 6.6
- 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 21 Oct 2026
- 2.5
- 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 21 Oct 2026
- 47.0%
- 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 21 Oct 2026
- 49.1%
- 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 Sep 2026. The filing of 21 Oct 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.
- 1,73,13055.6% delivered
Who owns Indosolar, 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
- Promoters74.93%
- Foreign institutions0.61%
- Indian institutions0.06%
- Individuals and others24.40%
Shareholding pattern, per cent, from Jun 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2016Filed 6 Jan | Mar 2017Filed 6 Apr | Jun 2017Filed 5 Jul | Sep 2017Filed 7 Oct | Dec 2017Filed 10 Jan | Mar 2018Filed 5 Apr | Jun 2018Filed 16 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 25 Jan | Mar 2019Filed 19 Oct | Jun 2019Filed 19 Oct | Sep 2019Filed 19 Oct | Dec 2019Filed 21 Jan | Mar 2020Filed 27 Jun | Jun 2020Filed 9 Jul | Sep 2020Filed 20 Oct | Dec 2020Filed 19 Jan | Mar 2021Filed 20 Apr | Jun 2022Filed 7 Dec | Sep 2022Filed 15 Dec | Dec 2022Filed 13 Jan | Mar 2023Filed 7 Apr | Jun 2023Filed 5 Jul | Sep 2023Filed 10 Oct | Dec 2023Filed 4 Jan | Mar 2024Filed 1 Apr | Jun 2024Filed 20 Jul | Sep 2024Filed 9 Oct | Dec 2024Filed 15 Jan | Mar 2025Filed 19 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 1 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 18 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 57.66% | 57.66% | 56.28% | 56.28% | 56.89% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 56.90% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 95.00% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | |
| Indian promoters | 38.32% | 38.32% | 37.41% | 37.41% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 36.89% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 96.15% | 95.00% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% |
| Foreign promoters | 19.33% | 19.33% | 18.87% | 18.87% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 20.01% | 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% | – |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 42.34% | 42.34% | 43.72% | 43.72% | 43.11% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 43.10% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 3.85% | 5.00% | 25.07% | 25.07% | 25.07% | 25.07% | 25.07% |
| Promoter shares pledgedShare of the promoters' own shares | 66.29% | 66.29% | 66.29% | 66.29% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 64.66% | 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% |
| Shares in issue | 35,81,30,000 | 35,81,30,000 | 36,68,61,617 | 36,68,61,617 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 37,20,67,116 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 | 4,16,03,691 |
| 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. | 2,04,85,973 | 2,04,85,973 | 2,04,85,973 | 2,04,85,973 | 7,44,46,551 | 7,44,46,551 | 7,44,46,551 | – | – | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 0 | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,95,23,505 | 3,11,73,505 | 3,11,73,505 | 3,11,73,505 | 3,11,73,505 | – |
| Promoters' shares locked in | 2,04,85,973 | 2,04,85,973 | 2,04,85,973 | 2,04,85,973 | 7,44,46,551 | 7,44,46,551 | 7,44,46,551 | – | – | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 52,05,499 | 0 | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,95,23,505 | 3,11,73,505 | 3,11,73,505 | 3,11,73,505 | 3,11,73,505 | – |
Filings before Jun 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.
Indosolar 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 WAAREE ENERGIES LIMITED, 74.93%.Promoter buying and selling
| Holder | ||
|---|---|---|
| WAAREE ENERGIES LIMITEDIndian companies, trusts and others | 74.93% | 3,11,73,505 |
No promoter shares are reported as pledged.
Largest public holders of Indosolar, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 6 Jan | Mar 2017Filed 6 Apr | Jun 2017Filed 5 Jul | Sep 2017Filed 7 Oct | Dec 2017Filed 10 Jan | Mar 2018Filed 5 Apr | Jun 2018Filed 16 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 25 Jan | Mar 2019Filed 19 Oct | Jun 2019Filed 19 Oct | Sep 2019Filed 19 Oct | Dec 2019Filed 21 Jan | Mar 2020Filed 27 Jun | Jun 2020Filed 9 Jul | Sep 2020Filed 20 Oct | Dec 2020Filed 19 Jan | Mar 2021Filed 20 Apr | Jun 2022Filed 7 Dec | Sep 2022Filed 15 Dec | Dec 2022Filed 13 Jan | Mar 2023Filed 7 Apr | Jun 2023Filed 5 Jul | Sep 2023Filed 10 Oct | Dec 2023Filed 4 Jan | Mar 2024Filed 1 Apr | Jun 2024Filed 20 Jul | Sep 2024Filed 9 Oct | Dec 2024Filed 15 Jan | Mar 2025Filed 19 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 1 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 18 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ZAVERI AND CO. PVT. LTD.Companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.32% | 1.35% | 1.34% | 1.35% | 1.44% |
| MANSI SHARE & STOCK BROKING PRIVATE LIMITEDOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | – |
| Setu Securities Pvt LtdCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.83% | – | – | – | – |
| Vinod KumarResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.38% | – | – | – | – |
| Idbi Bank Ltd.Financial Institution Or Banks | 2.99% | 2.99% | 2.92% | 2.92% | 2.88% | 2.88% | 2.88% | 2.88% | 2.88% | 2.88% | 2.88% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Armament Security Service Private LimitedOther non-institutions | – | – | – | – | – | – | – | 1.48% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Rising Fibers Private LimitedOther non-institutions | – | – | 2.38% | 2.38% | 2.35% | 2.35% | 2.35% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Thomas VargheseResident individuals, over ₹2 lakh at face value | 1.21% | 1.16% | 1.10% | 1.10% | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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.