Max Estates Ownership

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

Recent Insider Transactions

BSE:544008 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
30 Sep 24	Sell₹3,356,897	Manish Bhardwaj	Individual		5,500	₹612.82
04 Jun 24	Buy₹2,482,501	Siva Enterprises Private Limited	Company		7,393	₹335.79

Insider Trading Volume

Insider Buying: 544008 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of 544008?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	7,246,485	4.5%
Institutions	16,403,092	10.2%
General Public	35,279,993	21.9%
Private Companies	102,021,522	63.4%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.4%.

Top Shareholders

Top 25 shareholders own 78.01% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
21.5%	Max Ventures Investment Holdings Private Limited	34,669,346	₹19.8b	0%	no data
21.1%	Siva Enterprises Private Limited	33,991,966	₹19.4b	0%	no data
20.7%	New York Life Insurance Company	33,360,210	₹19.0b	0%	no data
2.53%	Analjit Singh	4,071,389	₹2.3b	0%	no data
2.04%	Invesco Ltd.	3,284,842	₹1.9b	0%	0.01%
1.8%	Fair Value Capital Management	2,892,000	₹1.6b	-3.65%	29.67%
1.6%	Atul Lall	2,577,384	₹1.5b	0%	no data
1.56%	Nippon Life India Asset Management Limited	2,510,461	₹1.4b	0%	0.04%
1.51%	First Sentier Investors (Australia) IM Ltd	2,428,663	₹1.4b	0%	0.05%
1.3%	Kotak Mahindra Asset Management Company Limited	2,092,050	₹1.2b	0%	0.04%
0.96%	FE Securities Pvt Ltd, Asset Management Arm	1,540,002	₹877.4m	0%	83.39%
0.24%	Jennison Associates LLC	391,304	₹222.9m	0%	no data
0.23%	First Sentier Investors (UK) IM Limited	374,566	₹213.4m	0%	0.06%
0.17%	Dimensional Fund Advisors LP	278,153	₹158.5m	0%	no data
0.12%	PGIM India Asset Management Private Limited	193,555	₹110.3m	8.36%	0.04%
0.1%	BlackRock, Inc.	164,833	₹93.9m	25.9%	no data
0.1%	The Vanguard Group, Inc.	161,047	₹91.8m	-0.53%	no data
0.096%	Nitin Kansal	155,236	₹88.4m	74.8%	no data
0.075%	Sahil Vachani	120,978	₹68.9m	0%	no data
0.068%	Rishi Raj	109,681	₹62.5m	0%	no data
0.029%	Anshul Gaurav	47,400	₹27.0m	0%	no data
0.027%	State Street Global Advisors, Inc.	44,032	₹25.1m	5.31%	no data
0.023%	Manish Bhardwaj	36,234	₹20.6m	0%	no data
0.02%	Archit Goyal	32,946	₹18.8m	0%	no data
0.02%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	31,680	₹18.0m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 00:33
End of Day Share Price	2024/12/24 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

Max Estates Limited is covered by 3 analysts. 2 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
Nitin Bhasin	Ambit Capital
Karan Khanna	Ambit Capital
Sri Velamakanni	Investec Bank plc (UK)