Adani Wilmar to Patanjali Foods: Listed companies with over 75 percent promoter holdings

Mar 22, 2023

By: Rounak Jain

Minimum public shareholding norms

According to Rule 19A of the Securities Contracts (Regulation) Rules, 1957, listed entities are required to have a minimum public shareholding of 25 percent. As such, promoter holding is capped at 75 percent.

Credit: Canva

Adani Wilmar

The most-recently listed entity from the Adani group, Adani Wilmar’s promoter holding stood at 87.9 percent at the end of December 2022. It was listed on February 8, 2022 and its current market capitalisation stands at ₹54,424 crore.

Credit: Adani-Wilmar

Patanjali Foods

Credit: Patanjali-Foods

Vedant Fashions

The owner of the Manyavar fashion brand has a promoter holding of 84.9 percent and a market capitalisation of ₹27,111 crore. It was listed on the stock exchanges on February 16, 2022.

Credit: Vedant-Fashions

Clean Science & Technology

The specialty chemicals manufacturer was listed on the stock exchanges on July 19, 2021 and has a promoter holding of 78.5 percent. Its current market capitalisation stands at ₹14,370 crore.

Credit: Clean-Science

Aether Industries

Aether Industries is another specialty chemicals manufacturer. It was listed on June 6, 2022 and has a promoter holding of 87.1 percent. Its current market capitalisation stands at ₹10,847 crore.

Credit: Aether-Industries

Aditya Birla Sun Life AMC

​The investment management company was listed on October 11, 2021, and has a promoter holding of 86.5 percent. Its current market capitalisation is ₹10,300 crore.​

Credit: Aditya-Birla-Sun-Life-AMC

GR Infraprojects

The construction engineering company was listed on July 19, 2021 and has a promoter holding of 79.7 percent. Its current market capitalisation stands at ₹9,450 crore.

Credit: GR-Infraprojects

Bikaji Foods

The bhujia maker debuted on the stock exchanges on November 16, 2022. Its promoter holding at the end of the December 2022 quarter stood at 76 percent and its current market capitalisation is ₹8,668 crore.

Credit: Bikaji-Foods

Shyam Metalics

The Kolkata-based metal manufacturer has a promoter holding of 88.4 percent, with a market capitalisation of ₹7,030 crore. It was listed on the stock exchanges on June 24, 2021.

Credit: Unsplash

Keystone Realtors

The Mumbai-based real estate company has a promoter holding of 86.7 percent. Listed on November 24, 2022, Keystone Realtors’ current market capitalisation stands at ₹5,235 crore.

Credit: Keystone-Realtors

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