Maithan Alloys shareholders and shareholding pattern

NSE: MAITHANALLBSE: 590078Ferrous MetalsSmall Cap

Maithan Alloys Limited · Face value ₹10 · Listed May 2008 on BSE, Jul 2011 on NSE

₹789.00₹2.75 (0.35%)BSE ₹788.95

Share price at the NSE close on 28 Oct 2026. Previous close ₹786.25.

28 Oct: open ₹783.00, high ₹796.80, low ₹774.00

52-week range of traded prices to 28 Oct 2026

₹759.90Low, 26 Oct 2026₹1,210.10High, 18 Jun 2026

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

Market cap: ₹2,297 Cr992nd largest listed
P/E: 7.91
P/B: 0.55
Dividend yield: 2.15%
ROE: 7.4%
ROCE: 6.0%
Debt to equity: 0.06
Volume, NSE: 29,21946.2% delivered

Maithan Alloys' shareholding pattern for Sep 2026, filed on 15 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 Maithan Alloys, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters74.96%
Foreign institutions0.70%
Indian institutionsNone
Individuals and others24.33%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
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	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
	69.61%	70.69%	70.69%	69.87%	69.94%	70.57%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%
Indian promoters	69.61%	70.69%	70.69%	69.87%	69.94%	70.57%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%
	30.39%	29.31%	29.31%	30.13%	30.06%	29.43%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.68%	1.54%	1.52%	1.83%	1.88%	2.14%	1.87%	1.80%	1.33%	1.32%	1.12%	1.38%	1.41%	1.24%	1.26%	1.06%	0.70%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.54%	1.44%	1.49%	1.51%	1.52%	1.66%	1.35%	1.28%	0.82%	0.82%	0.71%	0.73%	0.83%	0.83%	0.82%	0.71%	0.49%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.14%	0.10%	0.03%	0.31%	0.36%	0.48%	0.52%	0.52%	0.51%	0.50%	0.41%	0.66%	0.58%	0.41%	0.43%	0.35%	0.21%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.59%	0.59%	0.55%	0.56%	0.52%	0.44%	0.15%	0.41%	0.45%	0.31%	0.20%	0.17%	0.07%	0.06%	0.01%	0.02%	Under 0.01%
Mutual funds	–	–	–	0.03%	0.28%	0.28%	0.28%	–	–	–	–	–	Under 0.01%	0.15%	0.30%	0.72%	0.33%	0.33%	–	0.00%	0.00%	0.03%	0.03%	0.00%	0.00%	0.00%	0.00%	0.02%	0.03%	0.04%	0.04%	0.10%	0.11%	0.00%	–	–	–	–	–	–
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.08%	0.03%	0.05%	0.05%	0.08%	0.10%	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%	–	–	–	–	–	–
Alternative investment funds	–	–	–	–	–	–	–	–	–	0.24%	0.44%	0.45%	0.55%	0.48%	0.47%	0.49%	0.51%	0.51%	0.51%	0.48%	0.52%	0.59%	0.60%	0.59%	0.59%	0.55%	0.56%	0.50%	0.41%	0.11%	0.37%	0.35%	0.20%	0.20%	0.17%	0.07%	0.06%	0.01%	0.02%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	22.75%	22.89%	22.95%	22.63%	22.62%	22.43%	23.00%	22.81%	23.23%	23.39%	23.72%	23.49%	23.56%	23.74%	23.77%	23.97%	24.33%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.40%	13.46%	13.29%	13.15%	12.86%	12.73%	13.78%	13.66%	14.36%	14.44%	14.99%	14.90%	14.99%	15.37%	15.09%	15.43%	16.30%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.76%	3.87%	3.90%	3.83%	3.95%	3.70%	3.93%	3.61%	3.56%	3.67%	3.26%	3.44%	3.37%	3.18%	3.22%	3.33%	3.04%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.16%	3.14%	3.30%	3.45%	3.64%	3.94%	3.09%	2.84%	2.76%	2.60%	2.60%	2.49%	2.62%	2.59%	2.75%	2.56%	2.30%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.12%	1.17%	1.05%	0.93%	0.96%	0.92%	0.96%	1.06%	0.86%	0.91%	0.96%	0.80%	0.81%	0.79%	0.81%	0.79%	0.80%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.07%	0.11%	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.22%	1.17%	1.29%	1.19%	1.19%	1.11%	1.22%	1.61%	1.68%	1.75%	1.88%	1.83%	1.75%	1.79%	1.89%	1.83%	1.86%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	0.04%	0.09%	0.04%	0.05%	0.03%	0.08%	0.10%	0.13%	0.11%	0.08%	0.06%	0.05%	0.07%	0.12%	0.05%	0.04%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.14%	1.12%	1.20%	1.15%	1.14%	1.08%	1.13%	1.16%	1.21%	1.24%	1.23%	1.21%	1.15%	1.20%	1.16%	1.21%	1.25%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.35%	0.34%	0.40%	0.45%	0.49%	0.49%	0.45%	0.54%	0.51%	0.51%
Foreign Portfolio Investor (Category - III)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	0.06%	0.06%	0.06%	0.06%	0.06%	0.06%
Shares in issue	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550	2,91,11,550

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 Maithan Alloys 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	6,021	6,715	9,450	10,889	16,170	18,628	18,337	20,954	21,823	20,024	19,924	21,597	19,649	18,807	19,089	21,569	20,490	20,186	25,345	33,109	33,640	34,217	35,174	36,049	36,218	34,861	33,398	32,412	33,210	36,475	34,600	38,177	39,418	41,067	39,501	39,696	40,319	40,534	40,301	41,615
	21	22	22	22	23	21	23	23	23	23	23	23	23	12	12	12	12	12	12	12	11	11	11	11	11	11	11	11	11	14	14	14	14	12	12	12	12	12	12	12
Indian promoters	21	22	22	22	23	21	23	23	23	23	23	23	23	12	12	12	12	12	12	12	11	11	11	11	11	11	11	11	11	14	14	14	14	12	12	12	12	12	12	12
	6,000	6,693	9,428	10,867	16,147	18,607	18,314	20,931	21,800	20,001	19,901	21,574	19,626	18,795	19,077	21,557	20,478	20,174	25,333	33,097	33,629	34,206	35,163	36,038	36,207	34,850	33,387	32,401	33,199	36,461	34,586	38,163	39,404	41,055	39,489	39,684	40,307	40,522	40,289	41,603
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	47	47	45	47	49	50	51	48	39	40	39	37	40	41	39	38	35
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	45	45	43	44	45	46	45	43	34	36	35	32	34	36	33	33	30
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	3	4	4	6	5	5	4	4	5	6	5	6	5	5
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	3	3	4	5	6	2	3	2	2	1	3	1
Mutual funds	–	–	–	2	1	1	1	–	–	–	–	–	1	2	1	2	1	1	–	0	0	1	1	0	0	0	0	1	2	2	2	3	4	0	–	–	–	–	–	–
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Alternative investment funds	–	–	–	–	–	–	–	–	–	2	2	2	3	3	2	2	2	2	2	2	3	3	2	2	2	2	2	1	1	1	2	2	2	2	3	2	2	1	3	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	35,989	36,158	34,803	33,338	32,350	33,146	36,407	34,534	38,119	39,358	41,014	39,449	39,642	40,264	40,482	40,248	41,567
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	34,060	34,220	32,893	31,488	30,541	31,320	34,481	32,561	36,081	37,190	38,758	37,252	37,376	37,976	38,134	37,892	39,116
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24	23	23	23	24	24	19	20	18	18	15	17	16	14	15	14	13
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	262	264	257	252	247	273	274	259	257	268	283	268	286	278	287	293	294
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	799	817	804	794	796	777	808	784	783	820	868	854	858	873	914	899	911
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	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	841	831	823	778	739	750	823	908	978	1,060	1,088	1,056	1,104	1,121	1,130	1,148	1,231
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	68	40	49	17	17	22	14	20	24	22	21	17	13	13	14	16	16
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	8	8	8	6	2	5	3	1	1	1	1	2	1	1	1	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	765	783	766	753	716	726	804	847	915	998	1,022	986	1,041	1,056	1,073	1,084	1,168
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	38	38	39	43	51	47	50	41	45	44
Foreign Portfolio Investor (Category - III)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	2	2

Maithan Alloys 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 SUBHAS CHANDRA AGARWALLA, 25.63%.Promoter buying and selling

Holder
SUBHAS CHANDRA AGARWALLAIndividuals and Hindu undivided families	25.63%	74,61,700
SHEELA DEVI AGARWALLAIndividuals and Hindu undivided families	25.63%	74,61,700
SIDDHARTHA SHANKAR AGARWALLAIndividuals and Hindu undivided families	16.80%	48,91,285
PRAHLAD RAI AGARWALLAIndividuals and Hindu undivided families	2.38%	6,93,635
SARITA DEVI AGARWALLAIndividuals and Hindu undivided families	2.29%	6,67,198
SONAM AGARWALLAIndividuals and Hindu undivided families	1.27%	3,69,615
PRAHLAD RAI AGARWALLA HUFIndividuals and Hindu undivided families	0.37%	1,07,668
SUDHANSHU AGARWALLAIndividuals and Hindu undivided families	0.17%	50,000
SUBODH AGARWALLAIndividuals and Hindu undivided families	0.17%	50,000
MITU AGARWALLAIndividuals and Hindu undivided families	0.09%	25,000
TRIPTI AGARWALLAIndividuals and Hindu undivided families	0.09%	25,000
AVINASH AGARWALLAIndividuals and Hindu undivided families	0.07%	19,525

No promoter shares are reported as pledged.

Largest public holders of Maithan Alloys, 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
BUOYANT CAPITAL AIF - BUOYANT OPPORTUNITIES STRATEGYAlternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11%	–	–	–	–	–
NEXUS EQUITY GROWTH FUND - NEXUS EQUITY GROWTH FUND SCH-1Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	–	–	–	–	–
STOIC M. A. H. I. FUNDAlternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	–	–	–	–	–
ABHISHEK P BANSALResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.05%	–	–	–	–	–	–	–	–	–	–
JYOBINA INVESTMENT LIMITEDOther non-institutions	1.84%	1.84%	1.84%	1.84%	2.48%	2.48%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
BMA Wealth Creators Ltd.Other non-institutions	1.89%	1.56%	2.24%	1.77%	1.42%	1.56%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
BHAGWATI SYNDICATE PRIVATE LIMITEDOther non-institutions	–	–	–	–	1.48%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ABHA PROPERTY PROJECT LIMITEDOther non-institutions	1.95%	1.90%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.