I wrote about promoter pledges being a red flag yesterday and I wanted to do a quick post on how to find this information for a particular stock today.
The first step is to go to the NSE website as that’s the place where you can easily find this information on any listed stock in India. Type in the name of the company in the “Get Quote” text box near the upper middle part of the screen and hit “Get Quote”.
In the resulting page, click on “Company Information” which is the second tab towards the center of the screen. This will open up a section that shows the following 4 blocks of information:
- Corporate Announcements
- Financial Result / Shareholding Pattern
- Board Meetings
- Corporate Actions
You are interested in “Shareholding Pattern”, click on that section. This will show you categories of shareholders and how much percentage they hold. Towards the end of this section, you will see a hyperlink labeled “View Details >”.
Click on this link and you will see a big list appearing on a new screen. Click on the first line and this will open a pop up window. You will see “Main Shareholding” as one of the hyperlinks on this popup and when you click that – a new screen will appear that shows you results of which category owns how much and what percentage of their shares are pledged.
This information used to be accessible a lot easier in the older version of the NSE website, but I don’t know why they changed the format to make it so hard to reach. I can add screenshots to this post if people are finding it difficult to follow the post but right now I’m in a bit of a hurry so just writing the post. Please leave a comment with any questions, or if you know of a better way to get this information.
Thanks Manshu you are a powerhouse of information and I appreciate the time and effort you take to share these valuable tips with us.
Please add the screenshots. I am unable to understand 🙁
Manshu,
There is a simpler way of knowing pledged shares. Go to Moneycontrol website, type in the name of the company in Search and you will find all the info on the company. Click on the shareholding tab and then shareholding pattern. The last column gives the pledged shares. See following link for example:
http://www.moneycontrol.com/company-facts/zylogsystems/shareholding-pattern/ZS#ZS
(Don’t ask why I chose Zylog as an example 🙂 )
Thanks for the post Manshu.
I think its easier finding this information on the BSE website, the link is: http://www.bseindia.com/corporates/Sharehold_Search.aspx?expandable=0
Navigation (Corporates-> Corporate Filings-> Shareholding Patterns) Enter the scrip name and click Submit.
Wow this is a lot easier, I’ll update the post with this info and share it on FB. Thanks for your comment Hari!
Manshu, very helpful post as well as the comments. Thanks, Rajesh
Hi,
Thanks for the valuable info. I Will check it out from other websites like MoneyControl.com …etc.
Thanks Sekhar!
Thanks! This will be very helpful.
Note: It is “View details >†and not “View Labels >â€
Thanks Mayank, I’m going to make that correction later today.