Karma Energy shareholders and shareholding pattern

NSE: KARMAENGBSE: 533451PowerSmall Cap

Karma Energy Limited · Face value ₹10 · Listed Jun 2011

₹33.48₹0.40 (1.18%)BSE ₹33.66

Share price at the NSE close on 29 Oct 2026. Previous close ₹33.88.

29 Oct: open ₹34.59, high ₹34.59, low ₹33.02

52-week range of traded prices to 29 Oct 2026

₹31.26Low, 26 Oct 2026₹59.00High, 29 Oct 2025

Market cap: ₹39 Cr3,422nd largest listed
P/E: 43.93
P/B: 0.95
Dividend yield: Nonein the last 12 months
ROE: 2.2%
ROCE: −10.0%
Debt to equity: 0.02
Volume, NSE: 1,70472.4% delivered

Karma Energy's shareholding pattern for Sep 2026, filed on 13 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 Karma Energy, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters74.70%
Foreign institutionsNone
GovernmentsNone
Individuals and others25.30%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign 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
	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%
Indian promoters	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.71%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%	74.70%
	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.29%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25.30%	25.29%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%	25.30%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.43%	13.64%	11.91%	11.73%	11.52%	12.56%	12.99%	14.46%	14.71%	13.59%	14.55%	14.75%	15.59%	15.63%	15.57%	15.70%	15.72%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.58%	1.32%	1.32%	1.32%	1.36%	1.33%	1.13%	1.39%	1.13%	1.12%	0.20%	0.39%	0.40%	0.40%	0.40%	0.42%	0.42%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.04%	3.04%	4.76%	4.75%	4.86%	4.02%	3.81%	2.01%	2.35%	2.51%	2.57%	2.15%	1.85%	1.85%	1.88%	1.77%	1.76%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.48%	0.51%	0.48%	0.46%	0.53%	0.52%	0.60%	0.64%	0.61%	0.63%	0.57%	0.56%	0.57%	0.56%	0.56%	0.56%	0.57%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.16%	2.16%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.14%	2.13%	2.11%	2.11%	2.11%	2.11%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.28%	4.28%	4.28%	4.28%	4.28%	4.28%	4.28%	4.28%	4.03%	4.95%	4.89%	4.55%	4.38%	4.38%	4.38%	4.38%	4.38%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.33%	0.35%	0.40%	0.62%	0.61%	0.43%	0.34%	0.38%	0.33%	0.36%	0.37%	0.75%	0.38%	0.38%	0.42%	0.36%	0.34%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	Under 0.01%	0.01%	0.01%	Under 0.01%	0.01%	Under 0.01%	0.01%	Under 0.01%	0.01%	0.01%	0.40%	0.03%	Under 0.01%	0.01%	0.01%	0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.31%	0.35%	0.39%	0.61%	0.60%	0.43%	0.34%	0.36%	0.32%	0.34%	0.37%	0.34%	0.35%	0.37%	0.41%	0.36%	0.33%
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–
Shares in issue	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918	1,15,69,918

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 Karma Energy 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	8,810	8,899	8,925	8,837	8,779	8,673	8,628	8,568	7,058	7,012	6,953	6,939	6,752	6,697	6,718	6,544	6,567	6,780	7,022	7,464	7,484	7,722	7,838	7,993	7,993	7,769	7,630	7,716	8,314	8,749	9,465	10,940	11,162	11,339	11,539	11,745	11,403	11,232	11,114	11,053
	21	21	21	21	21	21	20	20	20	19	19	19	19	18	18	18	17	17	17	17	17	17	17	17	17	17	17	15	15	15	15	15	15	15	15	15	15	15	15	15
Indian promoters	21	21	21	21	21	21	20	20	20	19	19	19	19	18	18	18	17	17	17	17	17	17	17	17	17	17	17	15	15	15	15	15	15	15	15	15	15	15	15	15
	8,789	8,878	8,904	8,816	8,758	8,652	8,608	8,548	7,038	6,993	6,934	6,920	6,733	6,679	6,700	6,526	6,550	6,763	7,005	7,447	7,467	7,705	7,821	7,976	7,976	7,752	7,613	7,701	8,299	8,734	9,450	10,925	11,147	11,324	11,524	11,730	11,388	11,217	11,099	11,038
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,975	7,974	7,751	7,612	7,700	8,298	8,733	9,449	10,924	11,146	11,323	11,523	11,729	11,387	11,216	11,098	11,037
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,760	7,764	7,534	7,400	7,491	8,079	8,522	9,232	10,700	10,909	11,088	11,279	11,478	11,138	10,969	10,849	10,791
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	4	4	4	4	4	3	4	3	3	1	2	2	2	2	2	2
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	32	33	35	34	33	33	29	30	33	34	33	37	40	39	35	36	36
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	85	86	86	88	90	101	96	103	107	109	110	108	107	105	108	109	110
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	4	4	4	4	4	4	4	4
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	90	84	89	83	79	78	80	77	78	86	86	92	97	98	97	97	93
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	3	5	4	2	3	2	2	2	3	3	4	8	5	4	4	4
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	82	80	83	78	76	75	78	75	76	83	83	88	89	92	93	93	89
Firm	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–

Karma Energy 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 Kotta Enterprises Private Limited, 29.94%. The filing names 3 more members with no shares.Promoter buying and selling

Holder
Kotta Enterprises Private LimitedIndian companies, trusts and others	29.94%	34,64,348
Inspeed Power Private LimitedIndian companies, trusts and others	18.32%	21,19,442
Anju SirajIndividuals and Hindu undivided families	8.54%	9,88,097
Prabhanjan Multitrade Private LimitedIndian companies, trusts and others	8.27%	9,56,614
Dharmendra Gulabchand SirajIndividuals and Hindu undivided families	7.30%	8,44,974
Sitex India Private LimitedIndian companies, trusts and others	2.12%	2,45,308
Isha Siraj KediaIndividuals and Hindu undivided families	0.14%	16,629
Windia Infrastructure Finance LimitedIndian companies, trusts and others	0.02%	2,000
Ram Krishna Iron Works Private LimitedIndian companies, trusts and others	0.01%	1,000
Purvaja Projects LimitedIndian companies, trusts and others	0.01%	1,000
Tapi Energy Projects LimitedIndian companies, trusts and others	0.01%	1,000
Hansneel Impex Private LimitedIndian companies, trusts and others	0.01%	1,001
Weizmann Corporate Services LimitedIndian companies, trusts and others	0.01%	1,000
Weizmann LimitedIndian companies, trusts and others	0.00%	500
Arun Durgadas MehraIndividuals and Hindu undivided families	0.00%	133

No promoter shares are reported as pledged.

Largest public holders of Karma Energy, filing by filing

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

Holder	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
Investor Education and Protection Fund AuthorityInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.11%	2.11%	2.11%	2.11%
Kanan Neelkamal SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%
Meghna Neelkamal SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.95%	1.95%	1.95%	1.95%	1.95%	1.95%	1.95%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.13%	–	–	–	–
Maneka Hitesh SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	–	–	–	–	–
Mansi Hitesh SirajDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	–	–	–	–	–
Kanan Ankit KhambhatiDirectors and their relatives	1.05%	2.20%	2.20%	2.20%	2.20%	2.20%	–	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	–	2.20%	2.20%	2.20%	2.20%	2.08%	2.08%	2.08%	–	–	–	–	–	–
Meghna Pratik DoshiDirectors and their relatives	2.20%	1.05%	1.88%	2.08%	2.08%	2.08%	–	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	2.08%	–	2.08%	2.08%	2.08%	2.08%	1.95%	1.95%	–	–	–	–	–	–	–
Harichand MohanchandResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.36%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mohanchand HResident individuals, over ₹2 lakh at face value	1.04%	1.42%	1.36%	1.36%	1.36%	1.36%	–	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	1.36%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.