Justdial Limited is a service sector company with its headquarters in Mumbai, India. It assists its users in searching for various services, especially in their own locality. In December 2019 quarter, the company had about 67.05% of the investments through the public and 32.95% through the promoter and promoter group. In March 2020 quarter, the public shares reduced to 66.56% and those of the promoters, rose to 33.44%. The differences observed in the public shareholding pattern of Dec’19 and Mar’20 quarters, are as follows:
Increase in shareholding % – The Mutual Funds reported a total increase in values from 9.67% to 14.03%. ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED rose from 1.71% to 5.24%. HDFC TRUSTEE COMPANY LTD extended the bet from 7.96% to 8.14%. The Alternate Investment Funds appeared with a 0.02% rise from 0.11% to 0.13%. VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND grew from 1.09% to 1.14%. The shareholders holding Individual share capital up to Rs. 2 Lacs enlarged in number from 31,863 to 38,604; their shares percentage widened from 3.62% to 4.49%. The Clearing Members showed an upward trend from 0.31% to 0.45%. The NON-RESIDENT INDIAN NON REPATRIABLE up-stepped from 0.08% to 0.10%. The Bodies Corporate boosted the stakes from 0.84% to 2.14%.
Decrease in shareholding % – The Foreign Portfolio Investors decreased the parts from 49.94 to 42.53%. COPTHALL MAURITIUS INVESTMENT LIMITED reduced from 1.35% to 1.03%. VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS stepped down from 1.05% to 1.04%. STICHTING DEPOSITARY APG EMERGING MARKETS EQUITY POOL lessened from 4.11% to 1.54%. The Financial Institutions/ Banks decremented the stakes from 0.17% to 0.12%. The shareholders having their Individual share capital in excess of Rs. 2 Lacs incremented in number from 8 to 10, while the percentage of holdings decremented from 1.83% to 1.73%. The Non-Resident Indian (NRI) stepped down from 0.17% to 0.15%. HUF stepped down from 0.14% to 0.13%.
Unaltered shareholding % – TREE LINE ASIA MASTER FUND (SINGAPORE) PTE LTD at 5.23%, NALANDA INDIA EQUITY FUND LIMITED at 10.82%, CLASS D SERIES OF GEF-PS, LP at 1.92%, FOREIGN INSTITUTIONAL INVESTORS at 0.14% and the Central Government/ State Government(s)/ President of India at 0.00% maintained unaltered values in both the quarters.
NEW YORK STATE COMMON RETIREMENT FUND and MATTHEWS PACIFIC TIGER FUND might have completely exited or have dipped below 1.00% as they disappeared in the March’20 pattern; they were at 1.43% and 2.84% respectively in the previous quarter. TAIYO GREATER INDIA FUND LTD and GOLDMAN SACHS FUNDS-GOLDMAN SACHS EMERGING MARKETS CORE ® EQUITY PORTFOLIO might have appeared as new entries or have raised above 1.00% in the March’20 quarter; they were at 1.02% and 1.08% respectively. The Insurance Companies were at 0.40% in the March quarter. The number of public shareholders increased from 33,731 to 40,391. The number is constant for the promoters.