Steelco Gujarat shareholders and shareholding pattern

BSE: 500399Industrial ProductsSmall Cap

Steelco Gujarat Ltd · Face value ₹10 · Listed Nov 1993

₹187.45₹3.80 (1.99%)

Share price at the BSE close on 29 Oct 2026. Previous close ₹191.25.

29 Oct: open ₹191.25, high ₹191.25, low ₹187.45

52-week range of traded prices to 29 Oct 2026

₹25.59Low, 3 Nov 2025₹269.10High, 2 Sep 2026

Next results date: the board meets on 4 Nov 2026 to consider: quarterly results. Results calendar

Market cap: ₹118 Cr3,305th largest listed
P/E: Lossover the last 12 months
P/B: Shares changed
Dividend yield: Nonein the last 12 months
ROE: −222.7%
ROCE: −11.0%
Debt to equity: 83.47
Volume, BSE: 1,981

Steelco Gujarat'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 Steelco Gujarat, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters74.65%
Foreign institutions0.29%
Indian institutions0.01%
Individuals and others25.06%

Shareholding pattern, per cent, from Mar 2024

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	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	94.64%	94.64%	94.64%	75.00%	94.64%	94.64%	94.64%	94.64%	74.65%	74.65%
Indian promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	94.64%	94.64%	–	94.64%	94.64%	94.64%	94.64%	74.65%	74.65%
Foreign promoters	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	75.00%	94.64%	–	–	75.00%	–	–	–	–	–	–
	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	25.00%	5.36%	5.36%	5.36%	25.00%	5.36%	5.36%	5.36%	5.36%	25.35%	25.35%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.29%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.29%
	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	0.01%	0.01%	0.01%	0.06%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Mutual funds	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.01%	0.01%	0.01%	0.05%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	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%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	24.94%	5.34%	5.34%	5.34%	24.94%	5.34%	5.34%	5.35%	5.35%	25.35%	25.06%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	16.05%	3.44%	3.44%	4.14%	15.76%	4.14%	4.14%	3.92%	3.89%	11.39%	12.20%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	6.57%	1.41%	1.41%	–	7.06%	–	–	0.76%	0.76%	9.81%	8.15%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.88%	0.58%	0.88%	0.88%	0.11%	0.11%	0.52%	2.89%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	0.29%	0.06%	0.06%	0.03%	0.03%	0.03%	0.13%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	2.32%	0.50%	0.50%	0.26%	1.24%	0.26%	0.26%	0.53%	0.55%	3.60%	1.68%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	–	–	0.01%	0.03%	0.52%	0.45%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	1.23%	–	–	0.26%	0.26%	2.82%	1.02%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.01%	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Body Corp-Ltd Liability Partnership	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	0.06%	Under 0.01%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.26%	0.20%	0.20%
Promoter shares pledgedShare of the promoters' own shares	0.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	0.00%	0.00%	0.00%	100.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Shares in issue	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	4,25,61,822	49,66,012	49,66,012	49,66,012	4,25,61,822	49,66,012	49,66,012	49,66,012	49,66,012	62,96,072	62,96,072
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	47,00,000	47,00,000	47,00,000	47,00,000	47,00,000	47,00,000
Promoters' shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	47,00,000	47,00,000	47,00,000	47,00,000	47,00,000	47,00,000

Filings before Mar 2024 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. Pledged is the share of the promoters' own shares given to lenders as security. 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 Steelco Gujarat 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	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	1,32,412	1,32,077	1,31,825	1,31,542	1,31,190	1,30,670	1,30,613	1,30,427	1,30,324	1,30,147	1,30,028	1,30,019	1,30,019	1,30,023	1,30,023	14,237	1,29,625	14,237	14,237	6,808	6,764	6,831	6,806
	1	1	1	1	1	1	1	1	1	1	1	1	1	5	5	5	1	5	5	5	5	5	5
Indian promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	–	5	5	5	5	5	5
Foreign promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	5	–	–	1	–	–	–	–	–	–
	1,32,411	1,32,076	1,31,824	1,31,541	1,31,189	1,30,669	1,30,612	1,30,426	1,30,323	1,30,146	1,30,027	1,30,018	1,30,018	1,30,018	1,30,018	14,232	1,29,624	14,232	14,232	6,803	6,759	6,826	6,801
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2
	–	–	–	–	–	–	–	–	–	–	–	–	13	13	13	11	13	11	11	6	6	6	6
Mutual funds	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	3	3	3	3
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1
Banks	–	–	–	–	–	–	–	–	–	–	–	–	7	7	7	1	2	1	1	1	1	1	1
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	4	3	3	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	1,30,005	1,30,005	1,30,005	14,221	1,29,611	14,221	14,221	6,797	6,753	6,820	6,793
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	1,29,252	1,29,252	1,29,252	13,846	1,28,837	13,846	13,846	6,501	6,458	6,495	6,479
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	48	48	48	–	54	–	–	1	1	12	11
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	163	319	163	163	73	73	78	89
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	37	123	37	37	40	40	40	42
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	705	705	705	175	278	175	175	182	181	195	171
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	–	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	7	–	–	9	11	12	10
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	169	267	–	–	168	166	176	158
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	–	–	2	1	1	1
Body Corp-Ltd Liability Partnership	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	5	1
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1

Steelco Gujarat 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 Ultimate Investofin Limited, 34.15%.

Holder
Ultimate Investofin LimitedIndian companies, trusts and others	34.15%	21,49,999	100.00%
Sainaisha Traders Pvt. Ltd.Indian companies, trusts and others	32.56%	20,49,999	100.00%
Next Orbit Growth Fund IIIIndian companies, trusts and others	7.94%	5,00,000	100.00%
Sainaisha Traders Pvt. Ltd. J/H Next Orbit Growth Fund IIIIndian companies, trusts and others	0.00%	1	100.00%
Ultimate Investofin Ltd. J/H Next Orbit Growth Fund IIIIndian companies, trusts and others	0.00%	1	100.00%

No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.

Largest public holders of Steelco Gujarat, filing by filing

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

Holder	Jun 2026	Sep 2026
Ashish ChughResident individuals, over ₹2 lakh at face value	1.99%	1.88%
Mahendra Girdharilal WadhwaniResident individuals, over ₹2 lakh at face value	–	1.04%
Satya Prakash TuliResident individuals, over ₹2 lakh at face value	–	1.02%
Mahendra GirdharilalResident individuals, over ₹2 lakh at face value	1.66%	–
Nitin Rungta HUFOther non-institutions	1.40%	–
Glaston Mario MenezesResident individuals, over ₹2 lakh at face value	1.26%	–

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.

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: Mahendra Girdharilal no longer named, from 1.66%; Nitin Rungta HUF no longer named, from 1.40%; Glaston Mario Menezes no longer named, from 1.26%; 3 more moved