General information about company
Scrip code	530557
NSE Symbol	NOTLISTED
MSEI Symbol	NOTLISTED
ISIN	INE132F01038
Name of the company	NCL RESEARCH AND FINANCIAL SERVICES LIMITED
Whether company is SME	No
Class of Security	Equity Shares
Type of report	Quarterly
Quarter Ended / Half year ended/Date of Report (For Prelisting / Allotment)	30-09-2026
Date of allotment / extinguishment (in case Capital Restructuring selected) / Listing Date
Shareholding pattern filed under	Regulation 31 (1) (b)
Whether the listed entity is Public Sector Undertaking (PSU)?	No

Declaration
Sr. No.	Particular	Yes/No	Promoter and Promoter Group	Public shareholder	Non Promoter- Non Public
1	Whether the Listed Entity has issued any partly paid up shares?	No	No	No	No
2	Whether the Listed Entity has issued any Convertible Securities ?	No	No	No	No
3	Whether the Listed Entity has issued any Warrants ?	No	No	No	No
4	Whether Listed Entity has granted any ESOPs, which are outstanding?	No	No	No	No
5	Whether the Listed Entity has any shares against which depository receipts are issued?	No	No	No	No
6	Whether the Listed Entity has any shares in locked-in?	No	No	No	No
7	Whether any shares held by promoters are encumbered under "Pledged"?	No	No
8	Whether any shares held by promoters are encumbered under "Non-Disposal Undertaking"?	No	No
9	Whether any shares held by promoters are encumbered, other than by way of Pledge or NDU, if any?	No	No
10	Whether company has equity shares with differential voting rights?	No	No	No	No
11	Whether the listed entity has any significant beneficial owner?	No

Table VI - Statement showing foreign ownership limits
Particular	Approved limits (%)	Limits utilized (%)
As on shareholding date	10	0
As on the end of previous 1st quarter	10	0
As on the end of previous 2nd quarter	10	0
As on the end of previous 3rd quarter	10	0
As on the end of previous 4th quarter	10	0

Table I - Summary Statement holding of specified securities

Category (I)

Category of shareholder (II)

Nos. Of shareholders (III)

No. of fully paid up equity shares held (IV)

No. Of Partly paid-up equity shares held (V)

No. Of shares underlying Depository Receipts (VI)

Total nos. shares held (VII) = (IV)+(V)+ (VI)

Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)

Number of Voting Rights held in each class of securities (IX)

No. Of Shares Underlying Outstanding convertible securities (XA)

No. of Shares Underlying Outstanding Warrants (XB)

No. Of Outstanding ESOP Granted (XC)

No. of Shares Underlying Outstanding convertible securities, No. of Warrants and ESOP etc. (X) = (XA+XB+XC)

Total No. of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.) (XI)=(VII+X)

No of Voting (XIV) Rights

Total as a % of (A+B+C)

Class eg:X

Class eg:Y

Total

(A)

Promoter & Promoter Group

(B)

Public

405998

1569814400

1569814400

100

1569814400

1569814400

100

1569814400

(C)

Non Promoter- Non Public

(C1)

Shares underlying DRs

(C2)

Shares held by Employee Trusts

Total

405998

1569814400

1569814400

100

1569814400

1569814400

100

1569814400

Table I - Summary Statement holding of specified securities

Category (I)

Category of shareholder (II)

Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XII)= (VII)+(X) As a % of (A+B+C2)

Number of Locked in shares (XIII)

Number of Shares pledged (XIV)

Non-Disposal Undertaking (XV)

Other encumbrances, if any (XVI)

Total Number of Shares encumbered (XVII) = (XIV+XV+XVI)

Number of equity shares held in dematerialized form (XVIII)

Sub-categorization of shares

No. (a)

As a % of total Shares held (b)

No. (a)

As a % of total Shares held (b)

No. (a)

As a % of total Shares held (b)

No. (a)

As a % of total Shares held (b)

No. (a)

As a % of total Shares held (b)

Sub-category (i)

Sub-category (ii)

Sub-category (iii)

(A)

Promoter & Promoter Group

(B)

Public

100

1564061550

0

0

0

(C)

Non Promoter- Non Public

(C1)

Shares underlying DRs

(C2)

Shares held by Employee Trusts

Total

100

1564061550

0

0

0

Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
Sr. No.	Category & Name of the Shareholders (I)		Nos. Of shareholders (III)	No. of fully paid up equity shares held (IV)	No. Of Partly paid-up equity shares held (V)	No. Of shares underlying Depository Receipts (VI)	Total nos. shares held (VII) = (IV)+(V)+ (VI)	Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	Number of Voting Rights held in each class of securities (IX)				No. Of Shares Underlying Outstanding convertible securities (XA)	No. of Shares Underlying Outstanding Warrants (XB)	No. Of Outstanding ESOP Granted (XC)	No. of Shares Underlying Outstanding convertible securities, No. of Warrants and ESOP etc. (X) = (XA+XB+XC)	Total No. of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.) (XI)=(VII+X)
									No of Voting (XIV) Rights			Total as a % of Total Voting rights
									Class eg: X	Class eg:Y	Total
A	Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
(1)	Indian
(2)	Foreign
B	Table III - Statement showing shareholding pattern of the Public shareholder
(1)	Institutions (Domestic)
(2)	Institutions (Foreign)
(3)	Central Government / State Government(s)
(a)	Central Government / President of India		2	5000			5000	0	5000		5000	0					5000
Sub-Total (B)(3)			2	5000			5000	0	5000		5000	0					5000
(4)	Non-institutions
(g)	Resident Individuals holding nominal share capital up to Rs. 2 lakhs		404821	705239174			705239174	44.93	705239174		705239174	44.93					705239174
(h)	Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs		291	313690866			313690866	19.98	313690866		313690866	19.98					313690866
(i)	Non Resident Indians (NRIs)		357	8249123			8249123	0.53	8249123		8249123	0.53					8249123
(l)	Bodies Corporate		103	478646202			478646202	30.49	478646202		478646202	30.49					478646202
(m)	Any Other (specify)		424	63984035			63984035	4.08	63984035		63984035	4.08					63984035
Sub-Total (B)(4)			405996	1569809400			1569809400	100	1569809400		1569809400	100					1569809400
Total Public Shareholding (B)=(B)(1)+(B)(2)+(B)(3)+(B)(4)			405998	1569814400			1569814400	100	1569814400		1569814400	100					1569814400
C	Table IV - Statement showing shareholding pattern of the Non Promoter- Non Public shareholder
Total ( A+B+C2 )			405998	1569814400			1569814400	100	1569814400		1569814400	100					1569814400
Total (A+B+C )			405998	1569814400			1569814400	100	1569814400		1569814400	100					1569814400

Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
Sr. No.	Category & Name of the Shareholders (I)		Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XII)= (VII)+(X) As a % of (A+B+C2)	Number of Locked in shares (XIII)		Number of Shares pledged (XIV)		Non-Disposal Undertaking (XV)		Other encumbrances, if any (XVI)		Total Number of Shares encumbered (XVII) = (XIV+XV+XVI)		Number of equity shares held in dematerialized form (XVIII)	Sub-categorization of shares
				No. (a)	As a % of total Shares held (b)	No. (a)	As a % of total Shares held (b)	No. (a)	As a % of total Shares held (b)	No. (a)	As a % of total Shares held (b)	No. (a)	As a % of total Shares held (b)		Sub-category (i)	Sub-category (ii)	Sub-category (iii)
A	Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
(1)	Indian
(2)	Foreign
B	Table III - Statement showing shareholding pattern of the Public shareholder
(1)	Institutions (Domestic)
(2)	Institutions (Foreign)
(3)	Central Government / State Government(s)
(a)	Central Government / President of India		0											5000	0	0	0
Sub-Total (B)(3)			0											5000	0	0	0
(4)	Non-institutions
(g)	Resident Individuals holding nominal share capital up to Rs. 2 lakhs		44.93											705106324	0	0	0
(h)	Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs		19.98											308270866	0	0	0
(i)	Non Resident Indians (NRIs)		0.53											8249123	0	0	0
(l)	Bodies Corporate		30.49											478446202	0	0	0
(m)	Any Other (specify)		4.08											63984035	0	0	0
Sub-Total (B)(4)			100											1564056550	0	0	0
Total Public Shareholding (B)=(B)(1)+(B)(2)+(B)(3)+(B)(4)			100											1564061550	0	0	0
C	Table IV - Statement showing shareholding pattern of the Non Promoter- Non Public shareholder
Total ( A+B+C2 )			100											1564061550
Total (A+B+C )			100											1564061550

Bodies Corporate
Sr. No.	1	2	3	4	5	6	7
Name of the Shareholders (I)	AYODHYA VINCOM PRIVATE	BLUE LAGOON TRADING PRIVATE LIMITED	KHOOBSURAT LIMITED	GCM CAPITAL ADVISORS LIMITED	EPIPHANY SALES	FRATERNIZE DEALCOMM	CELOSIA VINCOM PRIVATE
PAN (II)	AAJCA0123A	AADCB1014B	AABCK0685K	AAFCG1712P	AAICE2812R	AAGCF0001K	AANCC5328H
No. of fully paid up equity shares held (IV)	60005000	27010000	36025000	25010000	25010000	35010000	25005000
Total nos. shares held (VII) = (IV)+(V)+ (VI)	60005000	27010000	36025000	25010000	25010000	35010000	25005000
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	3.82	1.72	2.29	1.59	1.59	2.23	1.59
Number of Voting Rights held in each class of securities (IX)
Class eg: X	60005000	27010000	36025000	25010000	25010000	35010000	25005000
Total	60005000	27010000	36025000	25010000	25010000	35010000	25005000
Total as a % of Total Voting rights	3.82	1.72	2.29	1.59	1.59	2.23	1.59
Total No. of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.) (XI)=(VII+X)	60005000	27010000	36025000	25010000	25010000	35010000	25005000
Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XII)= (VII)+(X) As a % of (A+B+C2)	3.82	1.72	2.29	1.59	1.59	2.23	1.59
Number of equity shares held in dematerialized form (XIV)	60005000	27010000	36025000	25010000	25010000	35010000	25005000
Reason for not providing PAN
Reason for not providing PAN
Sub-categorization of shares
Sub-category (i)	0	0	0	0	0	0	0
Sub-category (ii)	0	0	0	0	0	0	0
Sub-category (iii)	0	0	0	0	0	0	0

Bodies Corporate
Sr. No.	8	9	10
Name of the Shareholders (I)	PETREA VINCOM PRIVATE	RUPASI TRADERS PRIVATE LIMITED	ARYADEEP TIE UP PRIVATE LIMITED	Click here to go back
PAN (II)	AAQCP7248G	AADCR1908C	AAKCA2247E	Total
No. of fully paid up equity shares held (IV)	35005000	35010000	55005000	358095000
Total nos. shares held (VII) = (IV)+(V)+ (VI)	35005000	35010000	55005000	358095000
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	2.23	2.23	3.5	22.81
Number of Voting Rights held in each class of securities (IX)
Class eg: X	35005000	35010000	55005000	358095000
Total	35005000	35010000	55005000	358095000
Total as a % of Total Voting rights	2.23	2.23	3.5	22.81
Total No. of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.) (XI)=(VII+X)	35005000	35010000	55005000	358095000
Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XII)= (VII)+(X) As a % of (A+B+C2)	2.23	2.23	3.5	22.81
Number of equity shares held in dematerialized form (XIV)	35005000	35010000	55005000	358095000
Reason for not providing PAN
Reason for not providing PAN
Sub-categorization of shares
Shareholding (No. of shares) under
Sub-category (i)	0	0	0	0
Sub-category (ii)	0	0	0	0
Sub-category (iii)	0	0	0	0

Individuals - ii. Individual shareholders holding nominal share capital in excess of Rs. 2 lakhs.
Sr. No.	1	2	3	4	5
Name of the Shareholders (I)	JIGNESH AMRUTLAL THOBHANI	VIJAY KUMAR AGGARWAL	RITU PATWARI	AMIT DAS	AMIT DAS	Click here to go back
PAN (II)	ABSPT6398K	AANPA6294P	AKLPP5243M	ABBFG6764F	AFJFS5541Q	Total
No. of fully paid up equity shares held (IV)	25000000	20224817	19458203	20005000	20005000	104693020
Total nos. shares held (VII) = (IV)+(V)+ (VI)	25000000	20224817	19458203	20005000	20005000	104693020
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	1.59	1.29	1.24	1.27	1.27	6.67
Number of Voting Rights held in each class of securities (IX)
Class eg: X	25000000	20224817	19458203	20005000	20005000	104693020
Total	25000000	20224817	19458203	20005000	20005000	104693020
Total as a % of Total Voting rights	1.59	1.29	1.24	1.27	1.27	6.67
Total No. of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.) (XI)=(VII+X)	25000000	20224817	19458203	20005000	20005000	104693020
Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XII)= (VII)+(X) As a % of (A+B+C2)	1.59	1.29	1.24	1.27	1.27	6.67
Number of equity shares held in dematerialized form (XIV)	25000000	20224817	19458203	20005000	20005000	104693020
Reason for not providing PAN
Reason for not providing PAN
Sub-categorization of shares
Shareholding (No. of shares) under
Sub-category (i)	0	0	0	0	0	0
Sub-category (ii)	0	0	0	0	0	0
Sub-category (iii)	0	0	0	0	0	0

Any Other (specify)
Sr. No.	1	2	3
Category	LLP	Clearing Members	HUF
Category / More than 1 percentage	Category	Category	Category
Name of the Shareholders (I)				Click here to go back
PAN (II)				Total
No. of the Shareholders (I)	6	12	406	424
No. of fully paid up equity shares held (IV)	10211002	728957	53044076	63984035
Total nos. shares held (VII) = (IV)+(V)+ (VI)	10211002	728957	53044076	63984035
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	0.65	0.05	3.38	4.08
Number of Voting Rights held in each class of securities (IX)
Class eg: X	10211002	728957	53044076	63984035
Total	10211002	728957	53044076	63984035
Total as a % of Total Voting rights	0.65	0.05	3.38	4.08
Total No. of shares on fully diluted basis (including warrants, ESOP, Convertible Securities etc.) (XI)=(VII+X)	10211002	728957	53044076	63984035
Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XII)= (VII)+(X) As a % of (A+B+C2)	0.65	0.05	3.38	4.08
Number of equity shares held in dematerialized form (XIV)	10211002	728957	53044076	63984035
Reason for not providing PAN
Reason for not providing PAN
Sub-categorization of shares
Shareholding (No. of shares) under
Sub-category (i)	0	0	0	0
Sub-category (ii)	0	0	0	0
Sub-category (iii)	0	0	0	0