Max India Shareholding Pattern & Promoter Holding
Finance · Latest pattern: Sep 2026
As of Sep 2026, promoters hold 48.22% of Max India, FIIs hold 6.88%, DIIs hold 4.93% and the public holds 39.96%. Promoter holding fell by 1.54 percentage points from Jun 2026.
Get an alert when Max India reports results or its shareholding changes. Free account.
Promoters
48.22%
−1.54 pp QoQ
FIIs
6.88%
−0.18 pp QoQ
DIIs
4.93%
+3.28 pp QoQ
Public
39.96%
−1.54 pp QoQ
Max India shareholding, quarter by quarter
| Quarter | Promoters | FIIs | DIIs | Public | Shareholders |
|---|---|---|---|---|---|
| Sep 2026 | 48.22% | 6.88% | 4.93% | 39.96% | 36,788 |
| Jun 2026 | 49.76% | 7.06% | 1.65% | 41.50% | 36,826 |
| Mar 2026 | 49.83% | 7.07% | 1.62% | 41.48% | 37,492 |
| Dec 2025 | 49.89% | 7.09% | 1.58% | 41.44% | 38,508 |
| Sep 2025 | 50.06% | 7.08% | 1.43% | 41.45% | 39,796 |
| Jun 2025 | 50.16% | 7.13% | 0.98% | 41.72% | 40,090 |
| Mar 2025 | 50.45% | 6.63% | 0.80% | 42.11% | 39,918 |
| Dec 2024 | 50.94% | 6.77% | 0.94% | 41.35% | 40,417 |
| Sep 2024 | 50.94% | 7.41% | 0.81% | 40.83% | 39,886 |
| Jun 2024 | 50.94% | 9.01% | 0.81% | 39.23% | 38,876 |
| Mar 2024 | 50.94% | 9.54% | 0.81% | 38.70% | 40,367 |
| Dec 2023 | 50.94% | 10.32% | 0.69% | 38.04% | 35,888 |
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 ₹856 cr, the promoter group's 48.22% stake is worth ₹413 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 Finance peers
Max India shareholding: common questions
What is the promoter holding in Max India?
Promoters hold 48.22% of Max India as of Sep 2026. Their stake fell by 1.54 percentage points from Jun 2026.
How much do FIIs hold in Max India?
Foreign institutional investors (FIIs) held 6.88% of Max India in Sep 2026, −0.18 pp versus Jun 2026.
How much do mutual funds and other DIIs hold in Max India?
Domestic institutional investors (DIIs), which include mutual funds and insurers, held 4.93% of Max India in Sep 2026, +3.28 pp versus Jun 2026.
Is the promoter holding in Max India pledged?
The latest disclosed shareholding pattern shows no pledged promoter shares in Max India.
How has Max India's promoter holding changed in the last year?
Promoter holding moved from 50.06% in Sep 2025 to 48.22% in Sep 2026 (−1.84 pp).
How many shareholders does Max India have?
Max India had 36,788 shareholders in Sep 2026, compared with 36,826 in Jun 2026.