Indus Towers Ownership

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

Recent Insider Transactions

NSEI:INDUSTOWER Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
05 Dec 24	Buy₹257,647,980	Indus Towers Employee Welfare Trust	Company		715,000	₹360.35

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 INDUSTOWER?
Owner Type	Number of Shares	Ownership Percentage
State or Government	3,881	0.000147%
Employee Share Scheme	941,088	0.0357%
General Public	457,343,140	17.3%
Institutions	781,177,216	29.6%
Public Companies	1,398,421,819	53%

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

Top Shareholders

Top 25 shareholders own 77.86% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
50%	Bharti Airtel Limited	1,319,210,733	₹444.7b	0%	no data
3.58%	SBI Funds Management Limited	94,562,330	₹31.9b	43.2%	0.41%
3%	Vodafone Group Public Limited Company	79,211,086	₹26.7b	-3.97%	no data
2.1%	Life Insurance Corporation of India, Asset Management Arm	55,493,581	₹18.7b	-12.8%	0.13%
2.01%	The Vanguard Group, Inc.	52,988,337	₹17.9b	1.31%	no data
1.75%	Artisan Partners Limited Partnership	46,140,105	₹15.6b	0%	0.15%
1.63%	BlackRock, Inc.	43,044,269	₹14.5b	0.86%	no data
1.47%	Nippon Life India Asset Management Limited	38,874,260	₹13.1b	12.1%	0.34%
1.41%	Capital Research and Management Company	37,065,736	₹12.5b	0.05%	0.01%
1.33%	Mirae Asset Global Investments Co., Ltd.	35,068,542	₹11.8b	-11.3%	0.12%
1.11%	DSP BlackRock Investment Managers Pvt. Ltd.	29,371,073	₹9.9b	-20%	0.81%
1.11%	Norges Bank Investment Management	29,236,960	₹9.9b	-25.7%	0.01%
1.06%	Lazard Asset Management LLC	27,830,107	₹9.4b	-7.81%	0.1%
0.91%	Black Creek Investment Management Inc.	23,880,365	₹8.1b	-12.2%	1.46%
0.67%	Franklin Resources, Inc.	17,585,354	₹5.9b	-6.29%	0.02%
0.59%	Baron Capital Group, Inc.	15,448,483	₹5.2b	-34.8%	0.15%
0.55%	Dimensional Fund Advisors LP	14,620,453	₹4.9b	3.32%	0.01%
0.53%	Tata Asset Management Limited	13,870,416	₹4.7b	-10.9%	0.45%
0.51%	HDFC Asset Management Company Limited	13,500,354	₹4.6b	23.7%	0.1%
0.48%	Kotak Mahindra Asset Management Company Limited	12,609,177	₹4.3b	-4.45%	0.15%
0.45%	Wasatch Advisors LP	11,794,718	₹4.0b	0%	0.17%
0.42%	UTI Asset Management Company Limited	11,177,569	₹3.8b	7.11%	0.14%
0.42%	FMR LLC	11,036,010	₹3.7b	-0.31%	no data
0.4%	360 ONE Asset Management Limited	10,607,504	₹3.6b	-6.93%	2.61%
0.37%	ICICI Prudential Asset Management Company Limited	9,761,163	₹3.3b	26.9%	0.06%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/21 22:16
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

Indus Towers Limited is covered by 47 analysts. 22 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
Vivekanand Subbaraman	Ambit Capital
Arun Prasath	Avendus Spark
Vijayaraghavan Swaminathan	Avendus Spark