Record of high Corporations with Zero Promoter Holding in India: A excessive holding on promoters is usually thought-about an excellent image because it exhibits the arrogance of the founders in their very own firm.
You would possibly concentrate on corporations like WIPRO, the place Ajim Premji Group holds a 73% stake within the firm, or Avenue Supermart the place RK Damani and different promoters maintain a 74.99% stake within the firm. This excessive share of shareholding acts as further confidence within the firm, other than its wonderful enterprise mannequin and powerful stability sheet.
Nonetheless, there may be a variety of large and fashionable firm in India the place the promoters maintain zero share. Sure, these corporations have zero stakes with no promoter and are owned or managed by professionals. Immediately, we check out the highest Corporations with Zero Promoter Holding in India. Hold studying.
Prime Corporations with Zero Promoter Holding in India!
Right here is the checklist of high Corporations with Zero Promoter Holding in India and their shareholding sample distribution amongst PUBLIC, FII (International Institutional Buyers), and DII (Home Institutional Buyers):
1) ITC
ITC ltd inventory is a large-cap inventory within the Cigarette/Tobacco and FMCG sector in India with a market cap of Rs 370,249 Cr.
In line with the most recent shareholding sample of ITC of Dec 2022, the Public owns a 14.78% stake on this firm, FII owns 42.99%, and the remaining 42.23% stakes are held by DII together with mutual fund homes, insurance coverage, and different home monetary establishments.
2) Sure Financial institution
Sure Financial institution Inventory is a large-cap inventory within the Non-public Banking Sector in India with a market cap of over Rs 35,802 Cr. Kapoor, together with his brother-in-law Ashok Kapur and others, arrange Sure Financial institution in 2003, holding 26 p.c within the financial institution. All of the promoters have at the moment exited the shares of Sure Financial institution.
In line with the most recent shareholding sample of Sure Financial institution of Dec 2022, the Public owns a 38.55% stake on this firm, FII owns 23.24%, and the remaining 38.21% stakes are held by DII together with mutual fund homes, insurances, and different home monetary establishments.
3) ICICI Financial institution
ICICI Financial institution inventory is a large-cap inventory within the Non-public Banking sector in India with a market cap of Rs 547,067 Cr
In line with the most recent shareholding sample of ICICI Financial institution of Dec 2022, the Public owns 10.47%, FII owns 45.09%, and the remaining 44.44% stakes are held by DII together with mutual fund homes, insurance coverage, and different home monetary establishments.
4) Larsen & Toubro Ltd (L&T)
Larsen & Toubro Ltd (L&T) Inventory is a large-cap inventory within the Building/ Engineering sector in India with a market cap of Rs 248,030 Cr. It was based by two Danish engineers taking refuge in India in 1938.
In line with the most recent shareholding sample of L&T of Dec 2022, the Public owns a 36.69% stake on this firm, FII owns 23.24%, and the remaining 40.07% stakes are held by DII together with mutual fund homes, insurance coverage, and different home monetary establishments.
5) IDFC Ltd
Infrastructure Improvement Finance Firm Restricted, extra generally referred to as IDFC, is a finance firm based mostly in India. IDFC Ltd Inventory is a midcap inventory within the NBFC Finance sector in India with a market cap of Rs 8,717 Cr
In line with the most recent shareholding sample of IDFC Ltd of Dec 2022, the Public owns a 28.36% stake on this firm, Authorities owns 16.35%, FII owns 21.45%, and the remaining 33.84% stakes are held by DII together with mutual fund homes, insurance coverage, and different home monetary establishments.
6) Ujjivan Monetary Companies Ltd
Ujjivan Monetary Companies Ltd inventory is a smallcap inventory within the Finance time period lending sector in India with a market cap of over Rs 1,898 Cr.
In line with the most recent shareholding sample of Ujjivan of Dec 2022, the Public owns a 66.99% stake on this firm, FII owns 31.82%, and the remaining 1.19% stakes are held by DII together with mutual fund homes, insurance coverage, and different home monetary establishments.
7) Federal Financial institution
The Federal Financial institution Inventory is a midcap inventory within the Non-public Banking sector in India with a market cap of Rs 22,562 Cr.
In line with the most recent shareholding sample of Federal Financial institution of Dec 2022, the Public owns a 29.97% stake on this firm, FII owns 27.71%, and the remaining 42.32% stakes are held by DII together with mutual fund homes, insurances, and different home monetary establishments.
8) UTI Asset Administration Firm Ltd
UTI AMC Inventory is a midcap inventory within the Asset Administration and finance sector in India with a market cap of Rs 8,778 Cr.
In line with the most recent shareholding sample of UTI AMC of Dec 2022, the Public owns a 33.75% stake on this firm, FII owns 6.26%, and the remaining 59.99% stakes are held by DII together with mutual fund homes, insurances, and different home monetary establishments.
ALSO READ:
That’s all for this checklist of high Corporations with Zero Promoter Holding in India. I hope it was helpful to you.
Additional, you’ll be able to look into the Nifty MNC corporations checklist to seek out the checklist of different fashionable Indian corporations the place overseas shareholding is larger than 50% and the place the administration management is vested within the overseas firm.
Kritesh (Tweet right here) is the Founder & CEO of Commerce Brains & FinGrad. He’s an NSE Licensed Fairness Elementary Analyst with +7 Years of Expertise in Share Market Investing. Kritesh often writes about Share Market Investing and IPOs and publishes his private insights available on the market.
Begin Your Inventory Market Journey Immediately!
Need to be taught Inventory Market buying and selling and Investing? Be sure to take a look at unique Inventory Market programs by FinGrad, the educational initiative by Commerce Brains. You possibly can enroll in FREE programs and webinars obtainable on FinGrad immediately and get forward in your buying and selling profession. Be a part of now!!
