Shareholders holding 1% or more · latest filing Sep 2026
Share of total equity by holder type, with change since Jun 2026.
| Holder type | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Promoters | 42.09% | 42.09% | 41.22% | 40.86% | 40.77% | 40.72% | 42.33% |
| FII / FPI | 7% | 24.07% | 23.6% | 17.46% | 17.22% | 16.23% | 15.09% |
| DII | 23.44% | 24.01% | 23.61% | 28.1% | 28.98% | 29.29% | 27.02% |
| Retail & others | 27.47% | 9.83% | 11.57% | 13.58% | 13.04% | 13.76% | 15.56% |
| Non-public / other | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
44 current holders with 1% or more in the Sep 2026 filing. Click a name to see everything they hold.
| Holder | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Change (QoQ) |
|---|---|---|---|---|---|---|---|---|
| Hero MotoCorp Limited Promoter | 30.9%11.51 | 30.9%11.51 | 30.26%11.51 | 30.14%11.51 | 30.07%11.51 | 30.04%11.51 | 32.01%12.70 | 1.97 pp |
| India Japan Fund Institution | 6.03%2.25 | 6.03%2.25 | 5.91%2.25 | 5.88%2.25 | 5.87%2.25 | 5.86%2.25 | 6.07%2.41 | 0.21 pp |
| Swapnil Babanlal Jain Promoter | 5.25%1.95 | 5.25%1.95 | 5.14%1.95 | 5.04%1.93 | 5.03%1.93 | 5.03%1.93 | 4.86%1.93 | 0.17 pp |
| Tarun Sanjay Mehta Promoter | 5.25%1.95 | 5.25%1.95 | 5.14%1.95 | 5.04%1.93 | 5.03%1.93 | 5.03%1.93 | 4.86%1.93 | 0.17 pp |
| Sbi Small Cap Fund Institution | 7.24%2.70 | 7.17%2.67 | 7.23%2.75 | 7.21%2.75 | 7.2%2.76 | 6.2%2.38 | 3.45%1.37 | 2.75 pp |
| Caladium Investment Pte Ltd Public | 10.88%4.05 | 10.88%4.05 | 10.65%4.05 | 9.27%3.54 | 9.25%3.54 | 7.56%2.90 | 3.23%1.28 | 4.33 pp |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund Institution | – | – | – | – | – | 2.16%0.83 | 2.54%1.01 | 0.38 pp |
| Motilal Oswal Large And Midcap Fund Institution | – | – | – | 1.95%0.74 | 3.7%1.42 | 3.37%1.29 | 2.24%0.89 | 1.13 pp |
| Hsbc Mutual Fund - Hsbc Midcap Fund Institution New | – | – | – | – | – | – | 2.13%0.85 | – |
| Aditya Birla Sun Life Mutual Fund - Aditya Birla Sun Life Flexi Cap Fund Institution New | – | – | – | – | – | – | 2.11%0.84 | – |
| Edelweiss Trusteeship Co Ltd Ac- Edelweiss Mf Ac- Edelweiss Mid Cap Fund Institution | – | – | – | 1.37%0.52 | 1.23%0.47 | 1.24%0.47 | 1.35%0.53 | 0.11 pp |
| Kamath Associates Public | 1.85%0.69 | 1.85%0.69 | 1.81%0.69 | 1.8%0.69 | 1.54%0.59 | 1.32%0.51 | 1.09%0.43 | 0.23 pp |
| Nksquared Public | 1.85%0.69 | 1.85%0.69 | 1.81%0.69 | 1.8%0.69 | 1.54%0.59 | 1.3%0.50 | 1.07%0.42 | 0.23 pp |
| Jain Family Trust (Represented by Swapnil Babanlal Jain) Promoter | – | – | 0.17%0.07 | 0.17%0.07 | 0.17%0.07 | 0.17%0.07 | 0.16%0.07 | 0.01 pp |
| Swapnil Jain Family Trust (Represented by Swapnil Babanlal Jain) Promoter | – | – | 0.17%0.07 | 0.17%0.07 | 0.17%0.07 | 0.17%0.07 | 0.16%0.07 | 0.01 pp |
| LLP Public | 0%0.00 | 0.03%0.01 | 0.02%0.01 | 0.05%0.02 | 0.04%0.02 | 0.11%0.04 | 0.15%0.06 | 0.04 pp |
| Mehta Family Trust (Represented by Tarun Sanjay Mehta) Promoter | – | – | 0.21%0.08 | 0.15%0.06 | 0.15%0.06 | 0.15%0.06 | 0.15%0.06 | 0 |
| Tarun Swarna Family Trust (Represented by Tarun Sanjay Mehta) Promoter | – | – | 0.14%0.05 | 0.14%0.05 | 0.14%0.05 | 0.14%0.05 | 0.13%0.05 | 0.01 pp |
| Sanjay Surajraj Mehta Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Sangeeta Sanjay Mehta Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Swarna Srimal Mehta Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Divya Mehta Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Aarohi Mehta Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Vinod Srimal Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Shikha Srimal Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Shivika Srimal Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Babanlal Girdharilal Jain Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Rajulmati Babanlal Jain Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Chitra C R Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Renukaradhya CS Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Sumangala HS Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Chirashree CR Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Bentinck Fashions LLP Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| HMCL MM Auto Limited Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Bahadur Chand Investments Private Limited Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Hero FinCorp Limited Promoter | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Hero Tech Center Germany GmBH Other | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| HMCL Netherlands B.V. Other | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| HMCL Colombia S.A.S. Other | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| HMCL Niloy Bangladesh Limited Other | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| HMCL Americas Inc. Other | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| HERO MOTOCORP DO BRASIL LTDA Other | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0%0 | 0 |
| Euler Motors Private Limited Promoter | – | – | – | – | 0%0 | 0%0 | 0%0 | 0 |
| Clean Max Karakoram Private Limited Promoter | – | – | – | – | 0%0 | 0%0 | 0%0 | 0 |
| Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Flexi Cap Fund Institution Exited / below 1% | – | 2.82%1.05 | 2.08%0.79 | 1.65%0.63 | 1.96%0.75 | 1.77%0.68 | – | – |
| Hsbc Mutual Fund - Hsbc Small Cap Fund Institution Exited / below 1% | – | – | – | – | – | 1.87%0.72 | – | – |
| Invesco India Focused Fund Institution Exited / below 1% | – | – | – | 2%0.76 | 1.97%0.75 | – | – | – |
| National Investment And Infrastructure Fund II Institution Exited / below 1% | 4.77%1.78 | 4.77%1.78 | 4.67%1.78 | 1.92%0.73 | – | – | – | – |
| Internet Fund III Pte. Ltd. Public Exited / below 1% | 5.2%1.94 | 5.2%1.94 | 5.09%1.94 | – | – | – | – | – |
| Invesco India Manufacturing Fund Institution Exited / below 1% | – | – | 1.1%0.42 | – | – | – | – | – |
| Mehta Family Trust (Represented by TarunSanjay Mehta) Promoter Exited / below 1% | 0.21%0.08 | 0.21%0.08 | – | – | – | – | – | – |
| Jain Family Trust (Represented by SwapnilBabanlal Jain) Promoter Exited / below 1% | 0.18%0.07 | 0.18%0.07 | – | – | – | – | – | – |
| Swapnil Jain Family Trust (Represented bySwapnil Babanlal Jain) Promoter Exited / below 1% | 0.18%0.07 | 0.18%0.07 | – | – | – | – | – | – |
| Tarun Swarna Family Trust (Represented byTarun Sanjay Mehta) Promoter Exited / below 1% | 0.14%0.05 | 0.14%0.05 | – | – | – | – | – | – |
| Abu Dhabi Investment Authority - Monsoon Institution Exited / below 1% | 1.02%0.38 | 1.02%0.38 | – | – | – | – | – | – |
| Inevsco India Smallcap Fund Institution Exited / below 1% | – | 1.12%0.42 | – | – | – | – | – | – |
| Investor Education and Protection Fund (IEPF) Public Exited / below 1% | – | 0%0 | – | – | – | – | – | – |
| Aditya Birla Sun Life Trustee Private LimitedA/C Aditya Birla Sun Life Special OpportunitiesFund Institution Exited / below 1% | 2.48%0.92 | – | – | – | – | – | – | – |
| Invesco India Largecap Fund Institution Exited / below 1% | 1.03%0.38 | – | – | – | – | – | – | – |
Companies only disclose holders with 1% or more, so “Exited / below 1%” can also mean the stake fell under 1%. “pp” = percentage points.