Gujarat Industries Power Company shareholders and shareholding pattern

NSE: GIPCLBSE: 517300PowerSmall Cap

Gujarat Industries Power Company Limited · Face value ₹10 · Listed Apr 1993 on BSE, Feb 1995 on NSE

₹164.79₹2.18 (1.34%)BSE ₹164.90

Share price at the NSE close on 29 Oct 2026. Previous close ₹162.61.

29 Oct: open ₹164.48, high ₹166.31, low ₹162.02

52-week range of traded prices to 29 Oct 2026

₹119.90Low, 30 Mar 2026₹211.71High, 3 Sep 2026

Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹2,558 Cr1,106th largest listed
P/E: 5.09
P/B: 0.67
Dividend yield: 2.49%
ROE: 13.7%
ROCE: 4.8%
Debt to equity: 0.88
Volume, NSE: 3,85,759

Gujarat Industries Power Company's shareholding pattern for Sep 2026, filed on 7 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Gujarat Industries Power Company, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters56.57%
Foreign institutions2.73%
Indian institutions4.92%
Governments1.44%
Individuals and others34.34%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	58.21%	58.21%	58.21%	58.21%	58.21%	58.21%	58.21%	58.21%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.43%	55.43%	55.43%	55.43%	55.43%	56.57%	56.57%	56.57%	56.57%	56.57%	56.57%	56.57%
Indian promoters	58.21%	58.21%	58.21%	58.21%	58.21%	58.21%	58.21%	58.21%	55.69%	–	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.69%	55.43%	55.43%	55.43%	55.43%	55.43%	56.57%	56.57%	56.57%	56.57%	56.57%	56.57%	56.57%
Foreign promoters	–	–	–	–	–	–	–	–	–	55.69%	–	–	–	–	–	–	–	–	–	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%	–	–	–	–	–	–
	41.79%	41.79%	41.79%	41.79%	41.79%	41.79%	41.79%	41.79%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.31%	44.57%	44.57%	44.57%	44.57%	44.57%	43.43%	43.43%	43.43%	43.43%	43.43%	43.43%	43.43%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.76%	2.91%	2.90%	4.42%	3.88%	3.86%	4.97%	4.68%	4.49%	4.79%	4.21%	4.03%	3.69%	2.63%	2.74%	2.89%	2.73%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	2.91%	2.85%	4.37%	3.83%	3.79%	4.81%	4.46%	4.36%	4.43%	3.80%	3.63%	3.48%	2.61%	2.68%	2.62%	2.28%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.76%	0.00%	0.05%	0.05%	0.05%	0.07%	0.16%	0.21%	0.13%	0.35%	0.41%	0.41%	0.21%	0.02%	0.06%	0.26%	0.45%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
The Hongkong and Shanghai Banking Corp. Ltd.	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.50%	6.82%	6.16%	6.00%	6.00%	5.97%	5.92%	5.87%	6.28%	6.04%	5.68%	5.60%	5.15%	4.96%	5.07%	4.99%	4.92%
Mutual funds	6.03%	6.04%	8.34%	8.42%	8.24%	8.47%	8.91%	8.91%	8.91%	8.91%	8.91%	8.91%	8.91%	8.88%	8.30%	8.26%	8.24%	6.20%	4.65%	4.65%	4.65%	4.65%	6.04%	6.04%	4.65%	4.65%	4.65%	4.65%	4.65%	4.65%	4.27%	4.79%	4.81%	4.54%	4.67%	4.27%	4.27%	4.37%	4.37%	4.42%
Insurance companies	8.48%	4.86%	4.46%	4.38%	4.30%	4.16%	4.16%	3.95%	3.89%	3.89%	3.89%	3.89%	3.89%	3.62%	3.62%	3.62%	3.56%	3.56%	3.56%	1.99%	1.51%	1.51%	1.35%	1.33%	1.33%	1.33%	1.13%	1.13%	1.13%	1.08%	1.08%	1.13%	0.70%	0.50%	0.31%	0.14%	0.03%	0.03%	0.03%	0.03%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.94%	0.66%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.10%	0.10%	0.10%	0.10%	0.10%	0.15%	0.17%	0.17%	0.17%	0.21%	0.21%	0.18%	0.18%	0.51%	0.35%	0.52%	0.59%	0.57%	0.70%	0.61%	0.62%	0.54%	0.43%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%	7.64%	7.44%	7.44%	7.44%	7.44%	7.44%	1.44%	1.44%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.39%	0.39%	0.39%	0.39%	0.39%	0.02%	0.02%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.24%	7.24%	7.24%	7.24%	7.24%	7.24%	7.24%	7.24%	7.24%	7.24%	7.06%	7.06%	7.06%	7.06%	7.06%	1.42%	1.42%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25.41%	26.94%	27.61%	26.25%	26.79%	27.11%	26.05%	26.38%	26.16%	26.11%	26.10%	26.35%	27.15%	28.40%	28.18%	34.12%	34.34%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.03%	14.33%	14.47%	12.94%	14.80%	16.14%	16.29%	16.09%	16.28%	15.20%	15.17%	15.71%	16.55%	17.11%	16.70%	16.54%	15.52%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.31%	6.02%	6.20%	5.81%	5.72%	5.39%	4.47%	4.74%	4.62%	4.87%	5.11%	5.27%	5.19%	5.15%	5.51%	5.49%	5.45%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.36%	1.70%	1.92%	2.00%	1.62%	1.48%	1.53%	2.07%	1.91%	2.83%	2.17%	1.90%	1.83%	2.30%	2.05%	8.17%	9.56%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.88%	3.00%	3.06%	3.76%	2.69%	2.26%	2.08%	1.78%	1.64%	1.56%	1.89%	1.59%	1.63%	1.69%	1.73%	1.77%	1.92%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.33%	0.33%	0.36%	0.36%	0.36%	0.36%	0.39%	0.39%	0.39%	0.39%	0.41%	0.41%	0.41%	0.41%	0.44%	0.44%	0.44%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.50%	1.55%	1.60%	1.38%	1.60%	1.48%	1.30%	1.32%	1.31%	1.26%	1.35%	1.47%	1.53%	1.73%	1.74%	1.70%	1.45%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	–	0.01%	0.01%	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.40%	1.45%	1.50%	1.31%	1.51%	–	1.20%	1.14%	–	1.04%	1.13%	1.22%	1.28%	1.38%	1.44%	1.44%	1.30%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.05%	0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	Under 0.01%	0.15%	0.16%	0.07%	0.03%	0.08%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.21%	0.23%	–	–	–	–	–
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.09%	0.06%	0.08%	–	0.09%	0.17%	–	–	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	–	–	–	–	–	–	–	–	0.21%	–	–	0.09%	0.19%	0.23%	0.22%	0.06%
Shares in issue	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,12,51,188	15,52,15,944	15,52,15,944	15,52,15,944	15,52,15,944	15,52,15,944	15,52,15,944	15,52,15,944
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,94,16,520	4,94,16,520	4,94,16,520	39,64,756	39,64,756	39,64,756	39,64,756
Promoters' shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,94,16,520	4,94,16,520	4,94,16,520	39,64,756	39,64,756	39,64,756	39,64,756

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 Gujarat Industries Power Company shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	58,464	58,158	57,179	56,203	54,403	53,522	53,451	53,171	53,043	52,293	51,958	51,850	52,509	52,887	54,680	57,771	61,854	67,352	71,454	79,910	78,015	78,446	75,887	73,440	72,832	72,252	67,858	74,802	82,412	99,346	97,729	96,409	91,133	93,480	92,374	93,707	93,141	91,261	90,955	90,459
	5	5	5	5	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3
Indian promoters	5	5	5	5	5	5	5	5	4	–	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3
Foreign promoters	–	–	–	–	–	–	–	–	–	4	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	58,459	58,153	57,174	56,198	54,398	53,517	53,446	53,166	53,039	52,289	51,954	51,846	52,505	52,883	54,676	57,767	61,850	67,348	71,450	79,906	78,011	78,442	75,883	73,436	72,828	72,248	67,854	74,798	82,409	99,343	97,726	96,406	91,130	93,477	92,371	93,704	93,138	91,258	90,952	90,456
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	38	40	39	43	47	53	65	68	64	69	60	54	49	36	37	37	40
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	39	37	41	45	50	58	61	59	61	54	47	45	32	33	34	36
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	37	0	1	1	1	2	6	6	4	7	5	6	3	3	3	2	4
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–
The Hongkong and Shanghai Banking Corp. Ltd.	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13	12	11	10	10	10	9	13	14	14	18	17	17	14	13	13	13
Mutual funds	16	14	14	14	7	6	6	6	6	5	5	5	5	5	5	5	5	5	4	4	4	4	5	5	4	4	4	4	4	4	5	6	5	5	7	6	6	5	5	6
Insurance companies	6	5	5	5	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	3	3	3	2	2	3	3	3	2	2	1	1	1	1
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	1	1	1	1	1	1	1	1	2	2	2	1	1	1	2
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	4	3	4	6	4	5	4	4	4	2
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	2	2
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	1	1
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	73,379	72,770	72,192	67,795	74,735	82,340	99,263	97,639	96,322	91,041	93,393	92,294	93,632	93,082	91,202	90,900	90,401
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	70,388	69,778	69,174	65,098	71,734	79,027	95,750	93,985	92,615	87,405	89,643	88,370	89,579	88,953	87,068	86,752	86,457
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	110	122	119	118	128	133	113	117	126	123	140	141	135	137	150	152	156
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	299	311	302	278	341	348	336	393	386	408	414	418	409	422	405	399	357
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	857	842	860	789	894	1,069	1,206	1,275	1,309	1,287	1,300	1,371	1,412	1,419	1,432	1,445	1,429
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,722	1,714	1,734	1,509	1,635	1,760	1,855	1,866	1,883	1,815	1,893	1,991	2,094	2,148	2,144	2,149	1,999
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–	1	1	–	1	1	1	1	1	1	2	2
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	4	4	–	4	4	–	6	6	7	7	5	5	5	5
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,659	1,665	1,700	1,484	1,604	–	1,813	1,818	–	1,764	1,842	1,936	2,012	2,067	2,071	2,074	1,946
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	43	28	12	8	4	–	5	7	–	7	5	6	38	36	31	29	28
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	39	41	–	–	–	–	–
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15	16	12	22	–	32	36	–	–	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14	–	–	–	–	–	–	–	–	37	–	–	36	39	36	39	18

Gujarat Industries Power Company 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 Gujarat Urja Vikas Nigam Limited, 24.73%. The filing names 1 more member with no shares.Promoter buying and selling

Holder
Gujarat Urja Vikas Nigam LimitedIndian companies, trusts and others	24.73%	3,83,84,397	0.00%
Gujarat Alkalies and Chemicals LimitedIndian companies, trusts and others	16.15%	2,50,71,358	7.91%
Gujarat State Fertilizers & Chemicals LimitedIndian companies, trusts and others	15.68%	2,43,45,162	8.14%

No promoter shares are reported as pledged. 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 Gujarat Industries Power Company, filing by filing

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

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Gujarat Power Corporation LimitedCompanies	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.29%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%
Gujarat Energy LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.38%	2.38%
Gujarat State Electricity Corporation LimitedState governments	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.46%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%	1.42%
First Water FundForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.46%	–	–	–	–	–	–	–	–	1.15%	1.36%	1.51%	1.41%	–
Gujarat State Petroleum Corporation LimitedState governments	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.44%	2.38%	2.38%	2.38%	2.38%	2.38%	–	–
Life Insurance Corporation of IndiaInsurance companies	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	1.64%	1.22%	1.22%	1.05%	1.05%	1.05%	1.05%	1.05%	–	1.05%	1.05%	1.05%	1.03%	–	–	–	–	–	–	–	–
Ricky Ishwardas KirpalaniNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.47%	1.27%	1.04%	–	–	–	–	–	–	–	–	–	–	–
KESWANI HARESHNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.11%	1.13%	1.05%	1.09%	1.11%	1.17%	–	–	–	–	–	–	–	–	–	–	–	–	–
The Mehsana Dist. Central Coop Bank LtdFinancial Institution Or Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	2.31%	2.29%	–	2.18%	1.85%	1.71%	1.39%	1.07%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
THE MEHSANA DISTRICT CENTRAL CO-OPERATIVE BANK LIMITEDFinancial Institution Or Banks	–	–	–	–	–	–	–	–	2.52%	–	2.52%	–	2.52%	–	–	2.24%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
THE MEHSANA DISTRICT CENTRAL CO-OP BANK LTDFinancial Institution Or Banks	–	–	–	–	–	–	–	–	–	2.52%	–	2.52%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
GOVERNMENT OF SINGAPORE - EInstitutions Foreign Portfolio Investor	1.39%	–	1.39%	1.39%	1.39%	1.39%	1.39%	1.39%	1.39%	1.39%	1.39%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITEDOther non-institutions	3.61%	–	3.20%	–	2.72%	2.41%	2.02%	2.02%	1.95%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Comgest Growth PLC - Comgest Growth IndiaInstitutions Foreign Portfolio Investor	–	1.18%	1.18%	–	1.18%	1.18%	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ICICI PRUDENTIAL LIFE INSURANCE CORPORATION LIMITEDOther non-institutions	–	–	–	3.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
COMGEST GROWTH PIC - COMGEST GROWTH INDIAInstitutions Foreign Portfolio Investor	–	–	–	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
GOVERNMNET OF SINGAPORE-EInstitutions Foreign Portfolio Investor	–	1.39%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ICICI LOMBARD INSURANCE COMPANY LIMITEDOther non-institutions	2.31%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
COMGEST GROWTH PLC - GOMGEST GROWTH INDIAInstitutions Foreign Portfolio Investor	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Foreign institutions: First Water Fund no longer named, from 1.41%