TOP big companies in the list will shock you with their shareholding pattern
Most of average investors believe that above 40-50% promoter holding is a good sign to invest in company.
Checking the finance or fundamentals of any company before investing is habit of a genuine investor. A serious investor always check companies track record, past performance, current performance and future and growth as they can make sure that they have chosen a good company for investment and expect a good return.
There is an another fundamental factor, a investor always check while analysing fundamental, yes the promoter holding of that particular company which means bhoe much shareholding is in the hand of the owner. Most of average investors believe that above 40-50% promoter holding is a good sign to invest in company. As they can trust that particular company on behalf of owner for the future.
But there are top big brand company listed in the share market which have zero promoter holding. So here are that top Ten companies with zero promoter shareholding, most of them you never checked before!
1.HDFC
Housing development finance corporation a well known mortgage finance company which have zero promoter holding. A large cap company with 5,11,419Cr market capitalisation generating a huge amount revenue from the beginning and a well believed company by safe investors.
Shareholding pattern of HFDC
Foreign institutions investors (FIIs) - 72.22%,
Retail - 11.60% , mutual funds (MFs) - 8.88%, Domestic institution investors (DIIs) - 7.30% and ofcourse promoter 0.00%.
HDFC is currently trading around at the market price 2830/-.
2.ICICI Bank
A ultimate market leader in banking sector currently trading around 720/- market price.The market cap. Of ICICI bank is 4,99,281Cr. Shareholding pattern of this leading company as given below
FIIs - 48.01%, MFs - 26.26%, retail - 13.09% and DIIs- 12.64% , Promoter - 0.00%. ICICI bank bank a magnetic point of investors.
3.IDFC
A small cap. Capital market company with 8,740Cr market capitalisation. Fundamental of this company is not that strong enough, but as a small cap. Company it is considerable. In this zero promoter holding company retail holding the big packet with 69.90%, FIIs - 24.25%, MFs and DIIs holding 3.67% and 2.18% respectively.
IDFC is currently trading near 54/-
4. L&T( Larsen & Toubro)
Larsen & Toubro ltd. A construction company with 2,34,584 Cr large market capitalisation. This large cap construction company has a absolute fundamental but with zero promoter holding. Retail and other investors believe L&T as a good company to invest. As per shareholding pattern retail holding 44.82%, FIIs - 22.88%, DIIs - 16.81% and MFs - 15.49%. L&T is currently trading at the price of 1670/-
5. Care rating
A small cap capital market company with 2,153Cr capitalisation. Care rating is fundamentally sounds good which has large holding from 69.32% FIIs - 23.52% MFs -7.14% and DIIs - 0.02% , promoter - 0.00%
Care rating current market price around 730.65/-
6. Fedaral Bank
A mid cap small finance bank with 17,316 Cr market capitalisation. With a good fundamental. Fedaral Bank has Zero promoter holding where MFs holding 32.59%, retail holding 32.51% FIIs and DIIs holding 24.05% and 10.85% respectively. Fedaral Bank is currently trading around with its book value of 82.40/-
7. Ujjivan financial services
A small cap consumer finance company with 1,914 Cr market capitalisation. As a small cap company Ujjivan financial services holding a weak fundamental.
Share holding this company
Retail - 76.85%, FIIs - 22.94% , DIIs - 0.15% and MFs - 0.06%.
Ujjivan financial services is trading around 157.35/-
8. Yes Bank
Once a over hyped as multi beggars company fallen due to poor management as a result most of investors lost their money and some of them still stucked. Yes bank once known as market leader in the banking sector holding zero share on behalf of promoter. Market cap of this company is 27,435 Cr trading around 10.95/-
Share holding pattern DIIs - 44.79%, Retail - 44.04%, FIIs - 10.45%, and MFs - 0.73%
9.UTI AMC
UTI asset management company a capital market company with 14,893Cr market capitalisation considered as mid cap company. This company has a good fundamental in the market with book value of 254.42/- shareholding pattern of UTI AMC
DIIs - 45.21% , Retail - 33.96% MFs - 16.76% , FIIs - 4.07% , promoter - 0.00%
UTI AMC is currently trading around 1174.40/-
10. ITC
A most trusted brand by retail investors, ITC is a consumer products and a leading tabacco manufacturing company in the Indian market. It is a large cap(2,61,992Cr) company which has zero promoter holding but still a favourite company of retail investors.
Shareholding pattern of ITC, retail - 49.34%, DIIs - 29.54% , FII 11.74% , MFs 9.40% and Promoter - 0.00%
ITC is currently trading around 212/-
Now the 1st question rises in the mind of every retail investors that should we invest in such companies where promoter holding is zero? Is it trustworthy?
The answer in not that simple because in this list there are such companies which have genuine multibeggars return in a specific time period to the investors and there are also such companies which gave negative return to the investors with a huge capital loss. So, the problem is not with the promoter holding or its holding pattern, before investing in a business one should understand the business of any company. We have to focus on the management , business model etc. Because a good management and best business model always has the potential and growth in the future, it doesn't matter whatever the promoter holding or other financial. A genuine investor always catches news around companies management and decisions instead of tips news. A good management with best business model has a ability to convert a poor fundamental to strong fundamental.
Rahul Haloi
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