Thermax Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of THERMAX?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	6,000	0.00533%
State or Government	138,180	0.123%
VC/PE Firms	6,118,073	5.43%
General Public	9,962,298	8.85%
Institutions	22,546,892	20%
Private Companies	73,849,305	65.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 90.23% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
65.6%	ARA Trusteeship Company Private Limited	73,849,305	₹365.7b	0%	no data
6.17%	SBI Funds Management Limited	6,952,680	₹34.4b	27%	0.44%
5.43%	Nalanda Capital Pte Ltd	6,118,073	₹30.3b	-6.81%	6.87%
4.41%	Kotak Mahindra Asset Management Company Limited	4,964,687	₹24.6b	-13.8%	0.87%
1.44%	Kotak Mahindra Asset Management (Singapore) Pte. Ltd.	1,626,364	₹8.1b	0%	1.96%
1.38%	BlackRock, Inc.	1,557,686	₹7.7b	8.94%	no data
1.36%	Tata AIA Life Insurance Company Ltd., Asset Management Arm	1,527,466	₹7.6b	0%	3.64%
1.16%	The Vanguard Group, Inc.	1,311,257	₹6.5b	-0.02%	no data
0.63%	Tata Asset Management Limited	712,925	₹3.5b	-8.7%	0.34%
0.53%	Aditya Birla Sun Life AMC Limited	600,252	₹3.0b	7.05%	0.16%
0.49%	DSP BlackRock Investment Managers Pvt. Ltd.	555,366	₹2.8b	0%	0.23%
0.34%	Norges Bank Investment Management	381,647	₹1.9b	11.6%	no data
0.2%	HSBC Global Asset Management (UK) Limited	225,595	₹1.1b	0%	0.01%
0.17%	Geode Capital Management, LLC	187,155	₹926.8m	2.29%	no data
0.12%	Investor Education and Protection Fund (IEPF)	138,180	₹684.3m	-0.72%	no data
0.12%	ALPS Advisors, Inc.	131,037	₹648.9m	-18.1%	0.04%
0.1%	Dimensional Fund Advisors LP	112,266	₹556.0m	-10.3%	no data
0.09%	JP Morgan Asset Management	101,200	₹501.2m	0%	no data
0.089%	Fideuram Asset Management (Ireland) DAC	99,689	₹493.7m	0%	0.04%
0.085%	Invesco Ltd.	95,821	₹474.5m	-53.7%	no data
0.071%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	80,349	₹397.9m	78.2%	no data
0.07%	UBS Asset Management AG	78,783	₹390.1m	39.8%	no data
0.063%	Amundi Asset Management SAS	71,427	₹353.7m	95.4%	no data
0.063%	LIC Mutual Fund Asset Management Company Ltd.	71,138	₹352.3m	0%	0.07%
0.063%	Phoenix Unit Trust Managers Limited	70,731	₹350.2m	0%	0.01%