Indoco Remedies Ownership

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

Recent Insider Transactions

NSEI:INDOCO Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
21 Nov 24	Buy₹4,592,019	Aditi Panandikar	Individual	15,130	₹303.50
04 Jun 24	Buy₹2,157,515	Aditi Panandikar	Individual	7,300	₹295.55
04 Jun 24	Buy₹1,200,000	Madhura Ramani	Individual	4,000	₹300.00
31 May 24	Buy₹3,078,139	Aditi Panandikar	Individual	10,200	₹302.50
31 May 24	Buy₹1,815,000	Madhura Ramani	Individual	6,000	₹302.50
31 May 24	Buy₹226,875	Rohan Ramani	Individual	750	₹302.50
31 May 24	Buy₹302,500	Mahika Panandikar	Individual	1,000	₹302.50
24 May 24	Buy₹1,196,286	Sundeep Bambolkar	Individual	3,800	₹314.81

Insider Trading Volume

Insider Buying: INDOCO insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of INDOCO?
Owner Type	Number of Shares	Ownership Percentage
Employee Share Scheme	31,850	0.0346%
State or Government	105,644	0.115%
General Public	16,811,420	18.2%
Institutions	19,679,692	21.3%
Individual Insiders	20,279,544	22%
Private Companies	35,274,055	38.3%

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

Top Shareholders

Top 25 shareholders own 81.71% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
19.9%	Spa Holdings Pvt Ltd.	18,335,000	₹6.2b	0%	no data
17.1%	Shanteri Investment Pvt Ltd	15,771,755	₹5.4b	0%	no data
6.15%	Aditi Panandikar	5,669,245	₹1.9b	0.71%	no data
5.65%	Madhura Ramani	5,209,000	₹1.8b	0%	no data
5.2%	Aruna Kare	4,794,714	₹1.6b	0%	no data
4.97%	Nippon Life India Asset Management Limited	4,579,483	₹1.6b	0%	0.04%
4.7%	Suresh Kare	4,333,908	₹1.5b	0%	no data
4.56%	quant Money Managers Ltd.	4,199,230	₹1.4b	0%	0.14%
2.52%	DSP BlackRock Investment Managers Pvt. Ltd.	2,326,189	₹790.8m	11.1%	0.06%
2.14%	Aditya Birla Sun Life AMC Limited	1,977,029	₹672.1m	0%	0.04%
1.67%	HDFC Asset Management Company Limited	1,543,378	₹524.7m	15.6%	0.01%
1.48%	Franklin Resources, Inc.	1,362,700	₹463.3m	0%	no data
1.27%	Mangeshi Investment Pvt. Ltd.	1,167,300	₹396.8m	0%	no data
1.14%	ICICI Prudential Asset Management Company Limited	1,050,009	₹357.0m	-36.2%	0.01%
1.05%	UTI Asset Management Company Limited	969,519	₹329.6m	0%	0.01%
0.72%	Tata Asset Management Limited	666,992	₹226.7m	81.8%	0.02%
0.59%	Dimensional Fund Advisors LP	543,391	₹184.7m	0.01%	no data
0.46%	DSP Asset Managers Pvt. Ltd	421,816	₹143.4m	597%	0.23%
0.18%	Sundeep Bambolkar	168,800	₹57.4m	0%	no data
0.11%	Investor Education and Protection Fund (IEPF)	105,644	₹35.9m	0%	no data
0.035%	Sharda Kare	32,500	₹11.0m	0%	no data
0.035%	Indoco Employees Welfare Trust	31,850	₹10.8m	0%	no data
0.029%	Ajit Vaidya	26,550	₹9.0m	0%	no data
0.025%	State Street Global Advisors, Inc.	22,747	₹7.7m	0%	no data
0.016%	American Century Investment Management Inc	15,023	₹5.1m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 21:33
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Indoco Remedies Limited is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sriraam Rathi	Anand Rathi Shares and Stock Brokers Limited
Sarabjit Nangra	Angel Broking Private Limited
Srivathsan Ramachandran	Avendus Spark