V2 Retail shareholders and shareholding pattern
NSE: V2RETAILBSE: 532867RetailingSmall Cap
V2 Retail Limited · Formerly Vishal Retail · Face value ₹1 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 Jul 2007
Last close ₹154.71down ₹0.73 (0.47%)BSE ₹155.10
Share price at the NSE close on 29 Oct 2026. Previous close ₹155.44.
29 Oct: open ₹155.44, high ₹156.47, low ₹150.70
52-week range of traded prices to 29 Oct 2026
₹149.31Low, 13 Oct 2026₹259.25High, 4 Jun 2026
- Next results date: the board meets on 3 Nov 2026 to consider: financial results and other business matters. The notice · Results calendar
- 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
- ₹5,641 Cr640th 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
- 31.58
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹28 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 37.37
- 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. Price to book: how it is worked out
- 6.25
- 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
- ROEReturn on equity. Profit over 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, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 28.6%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹28 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 24.2%
- 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.
- 25.4%
- 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.
- 0.28
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 7,05,58936.4% delivered
V2 Retail's shareholding pattern for Sep 2026, filed on 14 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 V2 Retail, filing by filing
Per cent of the company's shares.
Sep 2026 filing
- Promoters51.43%
- Foreign institutions3.69%
- Indian institutions12.24%
- Individuals and others32.64%
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 56.42% | 52.71% | 52.71% | 52.71% | 51.00% | 51.36% | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 51.81% | 53.62% | 53.62% | 53.62% | 54.00% | 54.00% | 54.00% | 53.56% | 53.56% | 53.56% | 53.56% | 53.56% | 53.56% | 53.56% | 54.26% | 54.26% | 54.28% | 54.28% | 54.30% | 54.30% | 54.30% | 54.24% | 54.22% | 54.22% | 51.43% | 51.43% | 51.43% | 51.43% | |
| Indian promoters | 56.42% | 52.71% | 52.71% | 52.71% | 51.00% | 51.36% | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 51.14% | 51.81% | 53.62% | 53.62% | 53.62% | 54.00% | 54.00% | 54.00% | 53.56% | 53.56% | 53.56% | 53.56% | 53.56% | 53.56% | 53.56% | 54.26% | 54.26% | 54.28% | 54.28% | 54.30% | 54.30% | 54.30% | 54.24% | 54.22% | 54.22% | 51.43% | 51.43% | 51.43% | 51.43% |
| 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 | 43.58% | 47.29% | 47.29% | 47.29% | 49.00% | 48.64% | 48.86% | 48.86% | 48.86% | 48.86% | 48.86% | 48.86% | 48.19% | 46.38% | 46.38% | 46.38% | 46.00% | 46.00% | 46.00% | 46.44% | 46.44% | 46.44% | 46.44% | 46.44% | 46.44% | 46.44% | 45.74% | 45.74% | 45.72% | 45.72% | 45.70% | 45.70% | 45.70% | 45.76% | 45.78% | 45.78% | 48.57% | 48.57% | 48.57% | 48.57% |
| Promoter shares pledgedShare of the promoters' own shares | 75.94% | 75.94% | 75.94% | 75.94% | 71.55% | 71.04% | 71.04% | 71.04% | 71.04% | 4.42% | 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% | 0.00% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.79% | 1.79% | 1.79% |
| Shares in issue | 2,88,87,619 | 3,09,22,684 | 3,09,22,684 | 3,09,22,684 | 3,39,22,684 | 3,39,22,684 | 3,40,74,018 | 3,40,74,018 | 3,40,74,018 | 3,40,74,018 | 3,40,74,018 | 3,40,74,018 | 3,40,74,018 | 3,41,05,026 | 3,41,05,026 | 3,41,05,026 | 3,41,05,026 | 3,41,05,026 | 3,41,05,026 | 3,43,89,341 | 3,43,89,341 | 3,43,89,341 | 3,43,89,341 | 3,43,89,341 | 3,43,89,341 | 3,43,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,45,89,341 | 3,64,63,755 | 36,46,37,550what Shares in issue, Mar 2026, includes. Split on 25 Mar 2026: each share became 10. Earlier filings count the shares before it. | 36,46,37,550 | 36,46,37,550 |
| 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 | 64,89,250 | 85,24,315 | 85,24,315 | 85,24,315 | 85,24,315 | 64,89,250 | 53,10,370 | 40,00,000 | 10,00,000 | 10,00,000 | 10,00,000 | 10,00,000 | 0 | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
| Promoters' shares locked in | 34,89,250 | 34,89,250 | 34,89,250 | 34,89,250 | 44,89,250 | 44,89,250 | 33,10,370 | 20,00,000 | 10,00,000 | 10,00,000 | 10,00,000 | 10,00,000 | 0 | – | – | – | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
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. 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.
V2 Retail 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 Ricon Commodities Private Limited, 35.28%.Promoter buying and selling
| Holder | |||
|---|---|---|---|
| Ricon Commodities Private LimitedIndian companies, trusts and others | 35.28% | 12,86,27,100 | 2.60% |
| Ram Chandra AgarwalIndividuals and Hindu undivided families | 5.17% | 1,88,39,620 | 0.00% |
| Akash AgarwalIndividuals and Hindu undivided families | 4.49% | 1,63,87,790 | 0.00% |
| Vishal Waterworld Pvt LtdIndian companies, trusts and others | 3.93% | 1,43,31,760 | 0.00% |
| V2 Conglomerate LimitedIndian companies, trusts and others | 1.73% | 63,25,820 | 0.00% |
| Ramchandra Agarwal HUFIndividuals and Hindu undivided families | 0.43% | 15,50,000 | 0.00% |
| Uma AgarwalIndividuals and Hindu undivided families | 0.39% | 14,40,000 | 0.00% |
| Shreya AgarwaLIndividuals and Hindu undivided families | 0.01% | 46,810 | 0.00% |
Pledged is the share of the holder's own shares pledged to a lender.
Largest public holders of V2 Retail, filing by filing
Per cent, on the same shares as the split above.Mutual funds holding V2 Retail
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MALABAR INDIA FUND LIMITEDForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.45% |
| Sachin KaseraResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.24% | 1.23% | 1.37% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.59% | 1.51% | 1.37% | 1.37% | – |
| Abhijit PeriwalResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.34% | 1.51% | 1.45% | 1.38% | 1.37% | 1.37% | 1.30% | 1.29% | 1.29% | – |
| Vishal Vishwanath TodiResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.60% | 1.62% | 1.62% | 1.60% | 1.03% | 1.71% | 1.71% | 1.71% | 1.71% | 1.85% | 2.29% | 2.26% | 2.26% | 2.26% | 2.26% | 2.15% | 2.15% | 2.15% | 2.06% | 1.92% | 1.47% | 1.59% | – | – |
| Aditya SinghaniaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.08% | – | – |
| India 2020 Fund Ii, LimitedForeign portfolio investors, category I | – | – | – | – | 5.90% | 5.90% | 5.87% | 6.46% | 6.46% | 6.46% | 6.46% | 6.46% | 6.46% | 6.45% | – | – | 6.45% | 6.45% | 6.45% | 6.40% | 6.40% | 6.40% | 6.40% | 6.40% | 6.40% | 6.40% | – | 6.36% | 6.36% | 6.36% | 6.36% | – | – | – | – | – | – | – | – | – |
| Manshu TandonKey managers | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.12% | 1.12% | 1.05% | 1.03% | 1.00% | – | – | – | – | – | – | – | – | – |
| India 2020 Fund li, LimitedForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 6.45% | 6.45% | – | – | – | – | – | – | – | – | – | – | 6.36% | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Sajjan Kumar JainResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BENNETT COLEMAN AND COMPANY LIMITEDOther non-institutions | – | 6.58% | 6.58% | 6.58% | 6.00% | 6.00% | 5.97% | 5.97% | 5.97% | 5.38% | 5.38% | 5.38% | 5.38% | 5.38% | 5.38% | 5.38% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Goldman Sachs India LimitedInstitutions Foreign Portfolio Investor | – | – | – | – | 2.81% | 2.81% | 2.80% | 2.80% | 2.80% | 2.80% | 2.80% | 2.80% | 2.80% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Ashish KacholiaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | 1.06% | 1.33% | 2.56% | 2.56% | 2.56% | 2.48% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Subhkam Properties LlpOther non-institutions | – | – | – | – | – | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Naresh Kumar BhargavaResident individuals, over ₹2 lakh at face value | 3.46% | 3.23% | 3.23% | 3.23% | 1.21% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Pramod Chand MahnotResident individuals, over ₹2 lakh at face value | 3.46% | 3.23% | 3.23% | 3.23% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Vivek LodhaResident individuals, over ₹2 lakh at face value | 3.46% | 3.23% | 3.23% | 3.23% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
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. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. 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.
- Foreign institutions: MALABAR INDIA FUND LIMITED newly named at 1.45%
- Individuals and others: Sachin Kasera no longer named, from 1.37%; Abhijit Periwal no longer named, from 1.29%