Alpex Solar shareholders and shareholding pattern
NSE: ALPEXSOLARElectrical Equipment
Alpex Solar Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 2024 · Issue price ₹115
Last close ₹678.15down ₹17.70 (2.54%)
Share price at the NSE close on 28 Oct 2026. Previous close ₹695.85.
28 Oct: open ₹695.85, high ₹695.85, low ₹676.00
52-week range of traded prices to 28 Oct 2026
₹650.00Low, 26 Oct 2026₹1,319.00High, 3 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. Market capitalisation: how it is worked out
- ₹1,732 Cr
- 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. Price to earnings, trailing: how it is worked out
- 8.66
- 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. Price to book: how it is worked out
- 3.08
- 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.
- 51.4%
- 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.
- 28.3%
- 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.
- 0.90
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 21,10073.9% delivered
Alpex Solar's shareholding pattern for Sep 2026, filed on 16 Oct 2026, with every filing from Mar 2024: who owns its shares by group, its promoters by name and its public holders of 1% or more.
Who owns Alpex Solar, filing by filing
Per cent of the company's shares.
Sep 2026 filing
- Promoters65.90%
- Foreign institutions3.28%
- Indian institutions0.39%
- Individuals and others30.43%
Shareholding pattern, per cent
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|
| 68.76% | 68.76% | 68.76% | 68.76% | 65.89% | 65.89% | 65.90% | 65.90% | 65.90% | |
| Indian promoters | 68.76% | 68.76% | 68.76% | 68.76% | 65.89% | 65.89% | 65.90% | 65.90% | 65.90% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. Public in the glossary | 31.24% | 31.24% | 31.24% | 31.24% | 34.11% | 34.11% | 34.10% | 34.10% | 34.10% |
| Promoter shares pledgedShare of the promoters' own shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.48% | 6.47% | 6.47% | 6.47% |
| Shares in issue | 2,44,73,400 | 2,44,73,400 | 2,44,73,400 | 2,44,73,400 | 2,55,43,000 | 2,55,43,000 | 2,55,43,000 | 2,55,43,000 | 2,55,43,000 |
| 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. Shares locked in in the glossary | 1,89,16,200 | 1,79,93,400 | 48,94,680 | 48,94,680 | 1,10,04,228 | 1,12,22,428 | 1,12,22,428 | 48,94,680 | 48,94,680 |
| Promoters' shares locked in | 1,68,29,100 | 1,68,29,100 | 48,94,680 | 48,94,680 | 97,62,228 | 97,62,228 | 97,62,228 | 48,94,680 | 48,94,680 |
Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state.
Alpex Solar 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 ASHWANI SEHGAL, 21.89%.Promoter buying and selling
| Holder | ||||
|---|---|---|---|---|
| ASHWANI SEHGALIndividuals and Hindu undivided families | 21.89% | 55,91,652 | 0.00% | 41.84% |
| MONICA SEHGALIndividuals and Hindu undivided families | 14.05% | 35,89,200 | 0.00% | 41.83% |
| ZYCONIC PRIVATE LIMITEDIndian companies, trusts and others | 9.98% | 25,50,000 | 42.74% | 0.00% |
| VIPIN SEHGALIndividuals and Hindu undivided families | 9.87% | 25,22,076 | 0.00% | 41.78% |
| ASHWANI SEHGAL (HUF)Individuals and Hindu undivided families | 3.79% | 9,69,000 | 0.00% | 0.00% |
| UDAYA FIBERS PRIVATE LIMITEDIndian companies, trusts and others | 3.23% | 8,25,000 | 0.00% | 0.00% |
| ANITA BHAGWATI SIKKAIndividuals and Hindu undivided families | 2.49% | 6,35,572 | 0.00% | 0.00% |
| ADITYA SEHGALIndividuals and Hindu undivided families | 0.29% | 75,000 | 0.00% | 0.00% |
| UDAYA SEHGALIndividuals and Hindu undivided families | 0.29% | 75,000 | 0.00% | 0.00% |
Pledged is the share of the holder's own shares pledged to a lender. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.
Largest public holders of Alpex Solar, filing by filing
Per cent, on the same shares as the split above.
| Holder | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|
| BHAGWATI CHARAN R SIKKAResident individuals, over ₹2 lakh at face value | 2.49% | 2.47% | 2.47% | 2.40% | 2.23% | 2.33% | 2.33% | 2.30% | 2.30% |
| DIWAKAR BHAGWATI GANDHIResident individuals, over ₹2 lakh at face value | 1.47% | 1.47% | 1.47% | 1.47% | 1.41% | 1.41% | 1.41% | 1.41% | 1.41% |
| ASTORNE CAPITAL VCC - ARVENForeign portfolio investors, category I | 1.64% | – | – | – | 1.22% | 1.22% | 1.22% | 1.17% | 1.17% |
| VENUS INVESTMENTS VCC - VENUS STELLAR FUNDForeign portfolio investors, category I | – | – | – | – | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% |
| ZETA GLOBAL FUNDS (OEIC) PCC LIMITED-ZETA SERIES B FUND PCForeign portfolio investors, category I | – | – | 1.06% | – | – | – | – | – | – |
| PERSISTENT GROWTH FUND-VARSU INDIA GROWTH STORY SCHEME 1Alternative investment funds | 1.31% | – | – | – | – | – | – | – | – |
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.