Max Financial Services Ltd Shareholding Pattern: Promoters, FIIs, DIIs & Public Holdings (Latest)

Financial Shareholding

Shareholding Snapshot : Dec 2025

Score and Return Performance

Majority shareholders

FIIs

Pledged Promoter Holdings

None

Mutual Funds

Held by 38 Schemes (39.49%)

FIIs

Held by 347 FIIs (45.14%)

Promoter with highest holding

Max Ventures Investment Holdings Private Limited (1.16%)

Highest Public shareholder

Mitsui Sumitomo Insurance Company Limited (21.86%)

Individual Investors Holdings

4.53%

Shareholding Analysis

Promoters

Promoter holding has decreased by -0.46%

FII

FII holding has increased by 0.36%

MF

MF holding has increased by 0.84%

Insurance

Holdings of Insurance companies has decreased by -0.43%

OtherDII

Other DII holding has decreased by -0.31%

NII

Holdings of Non Institutional Shareholders has increased by 0.02%

Shareholding Snapshot: Dec 25

Shareholders

Shares(Cr.)

Holding(%)

Promoters

Pledged shares

0.43

0.0

1.25%

0.0%

FIIs

15.58

45.14%

Mutual Funds

13.63

39.49%

Insurance

2.11

6.13%

Other DIIs

0.6

1.73%

Non Institutional Investors

2.16

6.26%

Others

0.0%

Total

34.51

100%

Promoter Holding - Dec 25

Shareholders

Total Shares(Cr.)

in %

Max Ventures Investment Holdings Private Limited

0.4

1.16%

Piya Singh

0.01

0.03%

Analjit Singh

0.01

0.03%

Tara Singh Vachani

0.01

0.03%

Sv Family Trust

Tsv Family Trust

Vstar Ventures Llp

Lakeview Enterprises

Sants Holding Limited, Uae

Wegmans Business Park Private Limited

Vitasta Estates Private Limited

Vanaveda Lifestyle Private Limited

Vana Ventures Limited

Vana Therapiya Private Limited

Vana Retreats Private Limited

Vana Resorts & Hotels Private Limited

Vana Foundation

Vana Enterprises Limited

Twiggy Ventures Private Limited

Tvp Investments Private Limited

Trophy Resorts And Guest Houses Private Limited

Trophy Estates Private Limited

Tr Asset Ventures Private Limited

Topline Electonics Private Limited

Terra Planet Estate Private Limited

Solace Hotels And Hospitality Services Private Limited

Southend Houses Private Limited (fka Ska Diagnostic Private Limited)

Siva Reality Ventures Private Limited

Siva Finvest Private Limited

Shakyasimha Ventures Private Limited

Shakyasimha Foundation

Seven Heaven Buildmart Private Limited

Riga Foods Llp

Rama Krishna Cold-chem Limited

Piveta Estates Private Limited

P V T Ventures Private Limited

Nurture Health Services Private Limited

New Delhi House Services Limited

Max Ventures Private Limited

Max Learning Ventures Private Limited

Max Estates Limited

Max India Limited

Malsi Hotels Limited

Lgo Pte. Limited

Leo Retailing And Health Services Private Limited

Icare Health Projects And Research Private Limited

Hometrail Properties Private Limited

Harmonious Hospitality Private Limited

Gaylord Impex Limited

Drugyel Estates Private Limited (bhutan)

Devavani Lifestyle Private Limited

Capricorn Hospitality Services Private Limited

Capricorn Health Services Private Limited

Anchor Management Services Private Limited

Abk Consultants Private Limited

Analjit Singh (huf)

Avya Vachani

Veda Vachani

Sahil Vachani

Veer Singh

Public Shareholders (above 5%) Dec 25

Shareholders

in %

Total Shares(Cr.)

Mitsui Sumitomo Insurance Company Limited

21.86%

7.55

Hdfc Mutual Fund - Hdfc Nifty Large Mid Cap 250 Index Fund

9.13%

3.15

Nippon Life India Trustee Ltd A/c Nippon India Nifty 500 Low Vol 50 Index

5.62%

1.94

Public Shareholders (above 1%) Dec 25

Shareholders

in %

Total Shares(Cr.)

Kotak Mahindra Trustee Co Ltd A/c Kotak Nifty 500 Momentum 50 Index Fund

3.29%

1.14

Dsp Nifty Midcap 150 Index Fund

3.14%

1.08

Icici Prudential Quality Fund

2.99%

1.03

Smallcap World Fund, Inc

2.52%

0.87

Sbi Nifty200 Momentum 30 Index Fund

2.46%

0.85

Hdfc Life Insurance Company Ltd -shareholders Solvency Margin Acco

2.11%

0.73

Aditya Birla Sun Life Trustee Private Ltd A/c - Aditya Birla Sun Life Bse 500 Momentum

1.85%

0.64

Sbi Life Insurance Co. Ltd

1.72%

0.59

Invesco India Arbitrage Fun

1.44%

0.5

Uti Quant Fund

1.29%

0.45

Vanguard Total International Stock Index Fund

1.12%

0.39

Kotak Funds - India Midcap Fund

1.1%

0.38

Polar Capital Funds Plc - Emerging Market Stars Fund

1.07%

0.37

Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard Int Eq

1.03%

0.36

Shareholding Compare (%holding)

Dec 25

Sep 25

Change(%)

Promoters

1.25

1.71

-0.46

FIIs

45.14

44.78

0.35

Mutual Funds

39.49

38.66

0.84

Insurance Companies

6.13

6.56

-0.43

Other DIIs

1.73

2.04

-0.31

Non Institution

6.26

6.24

0.02

Promoter holding 1.25%

in Dec 2025

Figures in Cr

Promoter holding has decreased by -0.46%

No change in Promoter pledged shares

FIIs Holdings 45.14%

in Dec 2025

Figures in Cr

FII holding has increased by 0.36%

Number of FIIs holding stake in the company has increased to 347 from 330

MF Holdings 39.49%

in Dec 2025

Figures in Cr

MF holding has increased by 0.84%

Number of MFs holding stake in the company has increased to 38 from 36

Insurance Holdings 6.13%

in Dec 2025

Figures in Cr

Holdings of Insurance companies has decreased by -0.43%

Number of Insurance companies holding stake in the company has increased to 18 from 15

Other DII Holdings 1.73%

in Dec 2025

Figures in Cr

Other DII holding has decreased by -0.31%

Number of Other DIIs holding stake in the company has decreased to 45 from 46

NIIs Holdings 6.26%

in Dec 2025

Figures in Cr

Holdings of Non Institutional Shareholders has increased by 0.02%

Number of Non Institutional Shareholders holding stake in the company has decreased to 75184 from 75808