Incap shareholders and shareholding pattern

BSE: 517370Electrical EquipmentSmall Cap

Incap Ltd · Face value ₹10 · Listed Mar 1994

₹70.95₹4.86 (7.35%)

Share price at the BSE close on 28 Oct 2026. Previous close ₹66.09.

28 Oct: open ₹71.97, high ₹71.97, low ₹69.90

52-week range of traded prices to 28 Oct 2026

₹61.15Low, 27 Oct 2026₹116.90High, 31 Oct 2025

Next results date: the board meets on 31 Oct 2026 to consider: quarterly results. Results calendar

Market cap: ₹36 Cr3,620th largest listed
P/E: 245.75
P/B: 2.27
Dividend yield: 1.41%
ROE: 0.9%
ROCE: 2.7%
Debt to equity: 0.05
Volume, BSE: 273

Incap's shareholding pattern for Sep 2026, filed on 12 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 Incap, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters66.91%
Indian institutionsNone
Individuals and others33.09%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
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	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 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
	73.18%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	64.55%	64.55%	64.68%	64.92%	65.15%	65.49%	65.50%	66.17%	66.23%	66.32%	66.41%	66.49%	66.50%	66.50%	66.53%	66.62%	66.68%	66.73%	66.89%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%
Indian promoters	73.18%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	73.30%	64.55%	64.55%	64.68%	64.92%	65.15%	65.49%	65.50%	66.17%	66.23%	66.32%	66.41%	66.49%	66.50%	66.50%	66.53%	66.62%	66.68%	66.73%	–	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%	66.91%
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	66.89%	–	–	–	–	–	–	–	–	–	–	–
	26.82%	26.70%	26.70%	26.70%	26.70%	26.70%	26.70%	26.70%	35.45%	35.45%	35.32%	35.08%	34.85%	34.51%	34.50%	33.83%	33.77%	33.68%	33.59%	33.51%	33.50%	33.50%	33.47%	33.38%	33.32%	33.27%	33.11%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Mutual funds	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%	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	33.47%	33.38%	33.31%	33.27%	33.11%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%	33.09%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.33%	16.22%	16.18%	16.14%	17.56%	18.42%	18.47%	18.52%	18.46%	18.41%	17.25%	17.29%	17.35%	16.97%	17.02%	16.71%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	10.67%	12.03%	12.03%	12.42%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.64%	0.63%	0.62%	0.61%	0.90%	0.76%	0.75%	0.75%	0.77%	0.74%	0.75%	0.62%	0.62%	0.56%	0.56%	0.55%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.73%	3.74%	3.74%	3.75%	1.88%	1.14%	1.10%	1.05%	1.09%	1.17%	1.31%	1.26%	1.26%	0.40%	0.40%	0.40%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.10%	2.10%	2.10%	2.10%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	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%	1.01%	1.16%	1.10%	1.05%	1.00%	0.92%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.16%	1.10%	1.04%	1.00%	0.92%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Shares in issue	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200	51,33,200

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 Incap 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	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 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	2,960	2,942	2,991	3,011	2,572	2,678	2,666	2,628	2,624	2,598	2,560	2,526	2,484	2,449	2,435	2,407	2,409	2,378	2,408	2,516	2,599	2,654	2,739	2,772	2,739	2,729	2,939	3,410	3,387	3,440	3,481	3,480	3,346	3,450	3,375	3,333	3,260	3,224
	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Indian promoters	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	–	5	5	5	5	5	5	5	5	5	5	5
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	–	–	–	–	–	–	–	–	–	–	–
	2,955	2,937	2,986	3,006	2,567	2,673	2,661	2,623	2,619	2,593	2,555	2,521	2,479	2,444	2,430	2,402	2,404	2,373	2,403	2,511	2,594	2,649	2,734	2,767	2,734	2,724	2,934	3,405	3,382	3,435	3,476	3,475	3,341	3,445	3,370	3,328	3,255	3,219
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Mutual funds	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,733	2,766	2,733	2,723	2,933	3,404	3,381	3,434	3,475	3,474	3,340	3,444	3,369	3,327	3,254	3,218
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,684	2,720	2,690	2,679	2,890	3,362	3,338	3,389	3,431	3,432	3,235	3,339	3,266	3,227	3,154	3,117
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	6	6	7
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	20	18	17	16	16	17	18	19	20	18	19	20	21	21	20	21
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	19	19	19	21	20	18	18	19	17	17	21	21	21	18	18	18
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	4	2	2	2	2	2	2	2	2	60	59	56	54	55	54
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	3	1	1	1	1	1	–	1	1	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	–	1	1	1	1	1	1	1	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	58	57	54	52	53	52
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1

Incap 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 NEELIMA CHALLAGULLA, 24.15%.Promoter buying and selling

Holder
NEELIMA CHALLAGULLAIndividuals and Hindu undivided families	24.15%	12,39,523	11,32,856
BHAGAVANTHA RAO CHALLAGULLAIndividuals and Hindu undivided families	21.75%	11,16,626	10,09,959
PAMULAPATI HIMA BINDUIndividuals and Hindu undivided families	12.63%	6,48,399	5,41,733
C LALITHA KUMARIIndividuals and Hindu undivided families	7.19%	3,69,045	2,62,378
RAMRAO PATURUIndividuals and Hindu undivided families	1.19%	60,933	7,600

No promoter shares are reported as pledged. In demat is the part of the holding kept electronically; the rest is paper certificates.

Largest public holders of Incap, 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	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 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
GUDAPATI RAMESHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%	8.77%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund	–	–	–	–	–	–	2.10%	–	–	–	–	–	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	–	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	2.10%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%	2.09%
ANIL GURMUKH BHAGWANINon-resident Indians	3.26%	3.26%	3.26%	3.26%	3.26%	–	3.26%	–	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	–	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	3.26%	1.44%	–	–	–	–	–	–	–	–	–	–	–
INVESTOR EDUCTION AND PROTECTION FUND AUTHORITYOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	2.10%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ANIL GURMUKH BHAGWANI 1202350000015961Other non-institutions	–	–	–	–	–	3.26%	–	3.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.