ICICI, DSP funds’ lower their bets in Amber Enterprises India Ltd. in Mar’20 Qtr.

Amber Enterprises India Ltd. Logo

Amber Enterprises India Ltd. provides solutions related to Air conditioner OEM/ODM Industry, and had 55.98% of its shareholdings through the public category in the past two quarters. There were increasing as well as decreasing trends observed, on comparing the shareholding pattern of public shareholders for the December 2019 quarter and March 2020 quarter. The detailed information about the trends is as follows :

Upward trend in shareholding % – The overall holdings of Mutual Funds enlarged from 5.96% to 7.22%. Alternative Investment Fund climbed up from 0.02% to 0.04%. ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED grew from 1.21% to 2.13% in the March’20 quarter.

Downward trend in shareholding % – ICICI PRUDENTIAL SMALL CAP FUND‘s stake lessened from 1.75% to 1.66%. DSP SMALL CAP FUND reduced from 1.50% to 1.26%. The overall holdings of Foreign Portfolio Investors lowered from 12.51% to 12.36%. GOLDMAN SACHS INDIA LIMITED dropped from 2.49% to 1.60%. ABU DHABI INVESTMENT AUTHORITY decreased its bets from 2.23% to 2.13%. The no. of shareholders having Individual share capital up to Rs. 2 Lacs decreased from 32,632 to 32,065, along with the holdings dropping from 3.79% to 3.19%. The no. of shareholders having Individual share capital in excess of Rs. 2 Lacs went from 9 to 7, with lowering of shares from 3.47% to 3.30%. EDELWEISS ALTERNATIVE INVESTMENT OPPORTUNITIES TRUST reduced its bet from 4.27% to 3.38%. The Non-Resident Indians’ (NRI) investment shrunk from 0.30% to 0.28%. The Clearing Members holdings came to 0.05% from 0.12%. QUALIFIED INSTITUTIONAL BUYERS held 2.24% of the public shareholdings which sunk to 0.92%. NON-RESIDENT INDIAN- NON REPATRIABLE went from 0.12% to 0.08%. AADI FINANCIAL ADVISORS LLP decreased its holdings from 1.62% to 1.19%. The Trusts displayed a minimization from 4.29% to 0.07%.

Maintained shareholding % – GOLDMAN SACHS FUNDS – GOLDMAN SACHS EMERGING MARKET at 2.17%, KOTAK FUNDS – INDIA MID CAP FUND at 1.62%, GOLDMAN SACHS TRUST – GOLDMAN SACHS EMERGING MARKET at 1.39%, Financial Institutions/ Banks at 0.02%, Central Government/ State Government(s)/ President of India at 0.00%,  Non-Institutions at 0.00% and ASCENT INVESTMENT HOLDINGS PTE LTD at 20.92% maintained their respective stakes in both the quarters of Dec’19 and Mar’20.

L&T MUTUAL FUND TRUSTEE LIMITED- L&T EMERGING BUSINESSES FUND was observed with 1.46% of holdings in March 2020 quarter, it might have grown above 1.00% or appeared as a fresh entry in the latter quarter. The promoter and promoter group held about 44.02% in both the quarters. The total no. of public shareholders lessened from 33,444 to 32,774.

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