Indian finance company, Housing Development Finance Corporation (HDFC), is a major housing finance firm in the country. It had 100% of its shareholdings through the public shareholders, in both the quarters of Mar’20 and Jun’20. The alterations in the public shareholding patterns of the two quarters, are as follows:
Increase in shareholding % – SBI-ETF NIFTY 50 grew the bet from 2.55% to 2.61%. UTI – NIFTY EXCHANGE TRADED FUND up-stepped the value from1.02% to 1.04%. INVESCO OPPENHEIMER DEVELOPING MARKETS FUND rose the parts from 3.33% to 3.54%. Financial Institutions/ Banks upgraded from 0.06% to 0.07%. Insurance Companies incremented the value from 8.06% to 8.58%. LIFE INSURANCE CORPORATION OF INDIA extended the bet from 4.67% to 5.39%. Central Government/ State Government(s)/ President of India up-stepped from 0.20% to 0.22%. The number of shareholders with Individual share capital up to Rs. 2 Lacs went from 4,45,896 to 5,23,094 and values rose from 6.88% to 7.08%. Individuals with share capital in excess of Rs. 2 Lacs grew from 1.28% to 1.30%. Trusts upgraded the bet from 0.61% to 0.69%. Director or Director’s Relatives up-trended the parts from 0.39% to 0.43%. HUF up-stepped from 0.09% to 0.10%. Non-Resident Indians stepped up from 0.28% to 0.29%.
Decrease in shareholding % – Mutual Funds lowered the total stakes from 9.52% to 9.44%. Foreign Portfolio Investors reduced the value from 70.88% to 70.17%. GOVERNMENT OF SINGAPORE lessened the bet from 3.23% to 3.14%. VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND went from 1.74% to 1.66%. VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS decreased the stakes from 1.47% to 1.31%. GOVERNMENT PENSION FUND GLOBAL down-stepped from 1.11% to 1.07%.
Unaltered shareholding % in Jun’20 quarter – Alternate Investment Funds at 0.20%; Overseas Corporate Bodies at 0.03%; and IEPF at 0.09%
Shareholders which might have reduced their holdings below 1.00% in Jun’20 quarter (with their Mar’20 values) – HDFC TRUSTEE COMPANY LTD – A/C HDFC HYBRID EQUITY FUND at 1.03%. EUROPACIFIC GROWTH FUND at 1.09%. STICHTING DEPOSITARY APG EMERGING MARKETS EQUITY POOL at 1.07%. PEOPLE’S BANK OF CHINA at 1.01%. ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED at 1.20%.
Total number of public shareholders enlarged from 4,75,106 to 5,54,415.