Maxgrow India shareholders and shareholding pattern
BSE: 521167Consumer DurablesSmall Cap
MAXGROW INDIA LIMITED · Face value ₹5 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 Aug 1994
Last close ₹177.50down ₹2.75 (1.53%)
Share price at the BSE close on 30 Oct 2026. Previous close ₹180.25.
30 Oct: open ₹176.65, high ₹183.85, low ₹176.65
52-week range of traded prices to 30 Oct 2026
₹25.16Low, 3 Nov 2025₹207.50High, 19 Oct 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹709 Cr2,375th largest listed
- 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
- Earlier quarters restated in the year
- 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. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed. Price to book: how it is worked out
- 0.34
- 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
- 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.
- 0.0%
- 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. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed.
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 59,037
Maxgrow India's shareholding pattern for Sep 2026, filed on 5 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 Maxgrow India, filing by filing
Per cent of the company's shares.
Sep 2026 filing
- Promoters90.00%
- Indian institutionsNone
- Individuals and others10.00%
Shareholding pattern, per cent, from Dec 2020
- 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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16.12% | 16.12% | 16.12% | 16.12% | 16.12% | 16.12% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 92.82% | 92.82% | 92.82% | 92.82% | 92.82% | 92.82% | 92.82% | 90.00% | |
| Indian promoters | 16.12% | 16.12% | 16.12% | 16.12% | 16.12% | 16.12% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | 16.22% | – | – | 92.82% | – | – | – | – | – |
| Foreign promoters | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 92.82% | 92.82% | – | 92.82% | 92.82% | 92.82% | 92.82% | 90.00% |
| 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 | 83.88% | 83.88% | 83.88% | 83.88% | 83.88% | 83.88% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 83.78% | 7.18% | 7.18% | 7.18% | 7.18% | 7.18% | 7.18% | 7.18% | 10.00% |
| Shares in issue | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,27,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 2,13,24,078 | 3,99,45,065 | 3,99,45,065 | 3,99,45,065 | 3,99,45,065 | 3,99,45,065 | 3,99,45,065 | 3,99,45,065 | 3,99,45,065 |
| 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 | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3,70,76,072 | 3,70,76,072 | 3,70,76,072 | 3,59,50,559 | 3,59,50,559 | – |
| Promoters' shares locked in | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3,70,76,072 | 3,70,76,072 | 3,70,76,072 | 3,59,50,559 | 3,59,50,559 | – |
Filings before Dec 2020 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.
Maxgrow India 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 Metal Industrial Pte. Limited, 90.00%.Promoter buying and selling
| Holder | ||
|---|---|---|
| Metal Industrial Pte. LimitedForeign companies and others | 90.00% | 3,59,50,559 |
No promoter shares are reported as pledged.
Largest public holders of Maxgrow India, 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sadhana Uday ChourasiaNon-resident Indians | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.73% |
| Irfan Fakhri KarimiResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.19% |
| Montex Trading Private LimitedCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.62% | 3.23% | 5.00% | 5.00% | 5.00% | 2.86% | 2.86% | – |
| Manoj Kumar BankaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.25% | – | – |
| Pragma Global Trade LimitedCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.77% | 1.77% | – | – | – | – | – | – |
| Ushdev Metals and Minerals Pvt LtdCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.62% | – | – | – | – | – | – | – |
| Rising Commmotrade Private LimitedCompanies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 22.15% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | 22.16% | – | – | – | – | – | – | – | – |
| Swarandeep Singh DhodiResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 1.17% | 1.41% | 1.80% | 1.91% | 2.41% | 2.45% | 2.62% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | 2.81% | – | – | – | – | – | – | – | – |
| Varsha DeshmukhResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.14% | 2.14% | – | – | – | – | – | – | – | – |
| Sunil Kantilal ShahResident individuals, over ₹2 lakh at face value | – | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | 1.90% | – | – | – | – | – | – | – | – |
| Kokila Anil ShahResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | – | – | – | – | – | – | – | – |
| Davinder PahujaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | 1.03% | – | – | – | – | – | – | – | – |
| Gopal Girdharilaji SardaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | – | – | – | – | – | – | – | – |
| Shivajirao S JondhaleResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | – | – | – | – | – | – | – | – | – | – |
| Bhavin Pankaj DoshiResident individuals, over ₹2 lakh at face value | – | – | – | – | 4.24% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | 4.70% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Darshan Kirtikumar ShahResident individuals, over ₹2 lakh at face value | – | – | – | 1.41% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | 4.69% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Mittal Darshan ShahResident individuals, over ₹2 lakh at face value | – | – | – | 1.93% | 2.87% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | 3.34% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Kirtikumar Chunilal ShahResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Bharat SoniResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.81% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Amrapali B DoshiResident individuals, over ₹2 lakh at face value | – | – | – | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Pankaj C Doshi Huf .Other non-institutions | – | – | – | – | – | 1.36% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Mukesh Chandulal Doshi Huf .Other non-institutions | – | – | – | – | – | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TARABEN CHANDULAL DOSHIResident individuals, over ₹2 lakh at face value | – | – | – | – | 1.90% | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% | 2.37% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SUNIL BANSILAL RAISONIResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 1.81% | 1.81% | 1.81% | 1.81% | 1.81% | 1.81% | 1.81% | 1.81% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| GLOBE FINCAP LIMITEDOther non-institutions | 1.07% | 1.07% | 1.07% | – | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KIRTIKUMAR SHAHResident individuals, over ₹2 lakh at face value | – | – | – | – | 2.34% | 2.34% | 2.58% | 2.58% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SHIVAJIRAO JONDHALEResident individuals, over ₹2 lakh at face value | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | 2.14% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SUNIL RAISONIResident individuals, over ₹2 lakh at face value | 1.10% | 1.10% | 1.10% | 1.10% | 2.50% | 2.03% | 1.81% | 1.81% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KOKILA A SHAHResident individuals, over ₹2 lakh at face value | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | 1.30% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| KOMAL SAMANTResident individuals, over ₹2 lakh at face value | 1.74% | 1.74% | 1.74% | 1.74% | 1.83% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| CAFÉ 9 MEDIA HUB PVT LTDOther non-institutions | 2.81% | 2.81% | 2.81% | 2.81% | 1.64% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SURMANI CONTENT DEVELOPERS LLPOther non-institutions | 1.64% | 1.64% | 1.64% | 1.64% | 1.64% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| PUNE E STOCK BROKING PVT LTD - CLIENTOther non-institutions | – | – | – | 3.87% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BLACKGOLD MEDIA ENTERTAINMENT LLPOther non-institutions | – | – | – | 3.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| GEDALIA MULTITRADING PVT LTDOther non-institutions | – | – | – | 2.43% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BHAVIN SURESHBHAI THAKKARResident individuals, over ₹2 lakh at face value | – | – | 4.69% | 2.34% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| SHREENATH FINSTOCK PVT LTDOther non-institutions | – | – | – | 2.13% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BLACKGOLD MACHINING WORKS PVT LTDOther non-institutions | 7.67% | 7.67% | 7.67% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VIOLET MEDIA PVT LTDOther non-institutions | 6.32% | 6.32% | 6.32% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| FRESHLINE MEDIA PRODUCTION PVT LTDOther non-institutions | 3.92% | 3.92% | 3.92% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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. The 40 holders most recently named are shown, of 44 holders the filings name.
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.
- Individuals and others: Montex Trading Private Limited no longer named, from 2.86%; Sadhana Uday Chourasia newly named at 2.73%; Irfan Fakhri Karimi newly named at 1.19%