Max Financial Services Shareholding Pattern & Promoter Holding
Insurance · Latest pattern: Sep 2026
As of Sep 2026, promoters hold 1.25% of Max Financial Services, FIIs hold 48.61%, DIIs hold 43.70% and the public holds 6.43%. Promoter holding was unchanged from Jun 2026.
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Promoters
1.25%
unchanged QoQ
FIIs
48.61%
+0.55 pp QoQ
DIIs
43.70%
−0.64 pp QoQ
Public
6.43%
+0.08 pp QoQ
Max Financial Services shareholding, quarter by quarter
| Quarter | Promoters | FIIs | DIIs | Public | Shareholders |
|---|---|---|---|---|---|
| Sep 2026 | 1.25% | 48.61% | 43.70% | 6.43% | 85,147 |
| Jun 2026 | 1.25% | 48.06% | 44.34% | 6.35% | 80,336 |
| Mar 2026 | 1.25% | 47.88% | 44.74% | 6.11% | 77,069 |
| Dec 2025 | 1.25% | 45.13% | 47.35% | 6.26% | 75,636 |
| Sep 2025 | 1.71% | 44.78% | 47.26% | 6.24% | 76,239 |
| Jun 2025 | 1.74% | 44.71% | 47.29% | 6.25% | 80,467 |
| Mar 2025 | 1.74% | 44.75% | 47.29% | 6.21% | 68,062 |
| Dec 2024 | 3.34% | 47.50% | 42.69% | 6.47% | 68,531 |
| Sep 2024 | 3.34% | 46.23% | 43.99% | 6.42% | 65,804 |
| Jun 2024 | 6.52% | 46.60% | 40.74% | 6.14% | 67,021 |
| Mar 2024 | 6.52% | 47.70% | 39.92% | 5.84% | 65,260 |
| Dec 2023 | 6.52% | 50.89% | 36.89% | 5.69% | 59,682 |
Promoters · FIIs (foreign institutions) · DIIs (domestic institutions) · Public (retail & others). Percentages of total shares, from the quarterly pattern filed with the exchanges.
Value of the promoter stake
At a market capitalisation of ₹48.56k cr, the promoter group's 1.25% stake is worth ₹607 cr. A promoter group is usually a family, trust or holding company; this figure covers only this listed company and is not anyone's net worth.
Promoter holding in Insurance peers
Max Financial Services shareholding: common questions
What is the promoter holding in Max Financial Services?
Promoters hold 1.25% of Max Financial Services as of Sep 2026. Their stake was unchanged from Jun 2026.
How much do FIIs hold in Max Financial Services?
Foreign institutional investors (FIIs) held 48.61% of Max Financial Services in Sep 2026, +0.55 pp versus Jun 2026.
How much do mutual funds and other DIIs hold in Max Financial Services?
Domestic institutional investors (DIIs), which include mutual funds and insurers, held 43.70% of Max Financial Services in Sep 2026, −0.64 pp versus Jun 2026.
Is the promoter holding in Max Financial Services pledged?
The latest disclosed shareholding pattern shows no pledged promoter shares in Max Financial Services.
How has Max Financial Services's promoter holding changed in the last year?
Promoter holding moved from 1.71% in Sep 2025 to 1.25% in Sep 2026 (−0.46 pp).
How many shareholders does Max Financial Services have?
Max Financial Services had 85,147 shareholders in Sep 2026, compared with 80,336 in Jun 2026.