Muller & Phipps (India) shareholders and shareholding pattern

BSE: 501477Commercial Services & SuppliesSmall Cap

Muller & Phipps (India) Ltd. · Face value ₹10 · Listed Sep 1977

₹195.00₹0.00 (0.00%)

Share price at the BSE close on 26 Oct 2026. Previous close ₹195.00.

26 Oct: open ₹195.00, high ₹195.00, low ₹195.00

52-week range of traded prices to 26 Oct 2026

₹188.10Low, 24 Mar 2026₹264.00High, 12 Dec 2025

Under BSE's graded surveillance, stage 0, on the list for 28 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.

Market cap: ₹12 Cr4,418th largest listed
P/E: Lossover the last 12 months
P/B: Net worth zero or below
Dividend yield: Nonein the last 12 months
ROE: Net worth zero or below
Debt to equity: Net worth zero or below
Volume, BSE: 2

Muller & Phipps (India)'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 Muller & Phipps (India), filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters51.63%
Indian institutions0.02%
Individuals and others48.36%

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	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
	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%
Foreign promoters	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%	51.63%
	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%	48.37%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%	48.36%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21.90%	22.09%	22.05%	22.01%	22.12%	21.97%	22.11%	22.15%	22.14%	22.02%	21.93%	24.65%	24.65%	24.65%	24.65%	24.62%	24.61%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21.31%	21.31%	21.31%	21.38%	21.21%	21.21%	21.28%	21.05%	21.05%	21.05%	21.15%	21.15%	21.10%	21.10%	21.08%	21.08%	21.42%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.09%	0.09%	0.10%	0.10%	0.10%	0.10%	0.10%	0.10%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%	0.12%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.89%	3.88%	3.88%	4.52%	4.52%	4.52%	3.88%	3.88%	3.88%	3.88%	3.88%	1.16%	1.16%	1.80%	1.80%	1.80%	1.80%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.18%	0.99%	1.02%	0.35%	0.41%	0.56%	0.99%	1.18%	1.19%	1.29%	1.29%	1.29%	1.33%	0.69%	0.72%	0.75%	0.41%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.03%	0.03%	0.03%
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.64%	0.64%	0.64%	–	–	–	0.64%	0.64%	0.64%	0.64%	0.64%	0.64%	0.64%	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.41%	0.34%	0.35%	0.34%	0.33%	0.33%	0.34%	0.30%	0.30%	0.29%	0.29%	0.29%	0.30%	0.30%	0.32%	0.36%	0.35%
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%	0.01%	0.01%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.10%	–	–	–	0.07%	0.23%	–	0.23%	0.23%	0.34%	0.34%	0.34%	0.34%	0.34%	0.34%	0.34%	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Shares in issue	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000	6,25,000

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.

Number of Muller & Phipps (India) 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	1,876	1,873	1,863	1,862	1,857	1,827	1,826	1,827	1,826	1,819	1,808	1,813	1,807	1,805	1,805	1,798	1,807	1,800	1,810	1,829	1,858	1,841	1,803	1,794	1,776	1,763	1,765	1,757	1,760	1,770	1,769	1,791	1,878	1,875	1,889	1,887	1,887	1,867	1,870	1,858
	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	1	1
Foreign promoters	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	1	1
	1,875	1,872	1,862	1,861	1,856	1,826	1,825	1,826	1,825	1,818	1,807	1,812	1,806	1,804	1,804	1,797	1,806	1,799	1,809	1,828	1,857	1,840	1,802	1,793	1,775	1,762	1,764	1,756	1,759	1,769	1,768	1,790	1,877	1,874	1,888	1,886	1,886	1,866	1,869	1,857
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,792	1,774	1,761	1,763	1,755	1,758	1,768	1,767	1,789	1,876	1,873	1,887	1,885	1,885	1,865	1,868	1,856
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,732	1,718	1,703	1,704	1,697	1,700	1,708	1,709	1,730	1,816	1,815	1,831	1,827	1,827	1,805	1,807	1,795
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	23	23	23	24	23	23	24	23	23	23	24	24	24	24	24	24	25
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	11	12	13	13	13	13	13	13	13	12	11	10	10	10	10	11
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	5	5	6	6	6	5	5	5	5	5	4	4	5	5	5	5
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21	17	18	16	16	16	18	17	18	19	17	17	20	19	21	22	20
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	–	–	–	1	1	1	1	1	1	1	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16	14	14	14	13	13	15	13	13	14	12	12	14	14	15	17	16
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	1	1	–	1	1	1	1	1	1	1	2	1	–
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1

Muller & Phipps (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 Development Holdings Asia Ltd., 51.63%.

Holder
Development Holdings Asia Ltd.Foreign companies and others	51.63%	3,22,680	0

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 Muller & Phipps (India), filing by filing

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

Holder	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
Swar Investments and Trading Co Pvt LtdCompanies	9.02%	9.02%	–	9.02%	9.02%	–	–	–	–	–	–	9.02%	9.02%	9.02%	–	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%	9.02%
Satyajyoti Holdings Private LimitedCompanies	7.92%	–	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	–	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%	7.92%
Chandra Prabha GandhiResident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	2.80%	2.93%	2.94%	–	3.03%	3.03%	3.03%	3.03%	3.03%	3.03%	3.03%	3.03%	3.03%	3.03%
Rekha Bhupendra DalalResident individuals, up to ₹2 lakh at face value	1.76%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	–	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%	2.72%
Vishal GandhiResident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	2.50%	2.50%	2.50%	2.51%	2.49%	2.49%	2.49%	2.49%	2.49%	2.49%	2.49%	2.49%	2.49%	2.49%
Dravya Finance LimitedCompanies	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	–	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%
Pursarth Trading Company Pvt LtdCompanies	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	–	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%	1.10%
Swar Investments and Trading Company Private LimitedCompanies	–	–	9.02%	–	–	–	9.02%	9.02%	9.02%	–	9.02%	–	–	–	9.02%	–	–	–	–	–	–	–
CHNADRA PRABHA GANDHIResident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	2.95%	–	–	–	–	–	–	–	–	–	–
REKHA B DALALDirectors and their relatives	–	–	–	–	–	–	–	–	–	2.72%	–	–	–	–	–	–	–	–	–	–	–	–
Swar Invetsments and Trading CompanyPrivate LimitedCompanies	–	–	–	–	–	9.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SATYAJYOTI HOLDINGS PRIVATE LIIMITEDOther non-institutions	–	7.92%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.