DhanSafal Finserve: 2026 holdings, warrants snapshot

Stock price check on 19 Sep 2026

DhanSafal Finserve Ltd, a small-cap NBFC listed on BSE (scrip code: 512048), was quoted at ₹2.42 as of 19 Sep, 2026. The stock was also shown as down by 2.86% over the past 24 hours in the provided data. A separate snapshot showed a level of around ₹2.43 with a change of -0.05 during market hours. Bid and ask were indicated as 2.44 and 0.00, suggesting thin order-book visibility on the ask side at that moment. Another price point referenced for 11 Sep 2026 also placed the share at ₹2.42. One Q&A style line in the input mentioned ₹2.47 as the “current share price,” highlighting that different widgets can show different timestamps. The main takeaway for readers is that the stock is trading in the ₹2.4 zone in mid-Sep 2026 based on multiple entries. For investors tracking microcaps, the bigger story is often corporate actions and ownership, not just the last traded price.

Intraday and 52-week range signals

A trading range was provided for 17-Sep-2026, stating the stock moved between ₹2.45 and ₹2.28 during the day. The same section reported a 52-week range of ₹1.91 to ₹4.65. Another Hindi market line referenced a 52-week band of 1.9100 to 4.9900 and a day’s range of 2.6900 to 2.7700 for 22-06-2026, indicating the range can vary across sources and dates. The price point of ₹2.38 on 17-Sep-2026 was described as down 1.65% from a previous close of ₹2.42. These data points together frame the stock as one that has traded well below its 52-week highs. They also show that day-to-day moves can look large in percentage terms due to the low absolute price. With bid-ask snapshots sometimes showing an empty ask, liquidity and spread can matter as much as direction. Readers should treat single-tick prices cautiously and cross-check the timestamp used.

Market capitalisation, valuation, and float

Market capitalisation was shown at ₹549.68 million in one block and ₹538.32 million in another, with the latter also stating a 1.67% increase over the last week. A separate line presented market capitalisation as ₹55.42 crore as of 17-Sep-2026, which is broadly in the same band as the million-rupee figures. The price to earnings (TTM) ratio was listed at 47.67, alongside basic EPS (TTM) of ₹0.05. Shares float was provided as 215.04 million. Together, these figures position DhanSafal Finserve as a low-price, micro to small-cap NBFC with a reported TTM valuation metric and a large float relative to its price. Because the stock price is low, small changes can move market cap by several million rupees quickly. Investors typically use these figures as a starting point, then map them to corporate actions and capital structure changes. The data also indicates there is no dividend yield contributing to total return in the recent period.

Shareholding pattern: promoters vs public

The shareholding breakup listed promoters at 55.11% and retail at 44.89% in one section. Another table showed promoters rising from 54.33% in Mar 2026 to 55.11% in Jun 2026. A longer quarterly trend table indicated promoters at 50.87% through Jun, Sep, Dec 2025, then moving to 54.33% in Mar 2026 and 55.11% in Jun 2026. The same detailed table showed investors (non-promoters) at 49.13% through Dec 2025, then 45.67% in Mar 2026 and 44.89% in Jun 2026. FII, DII, mutual fund, and insurance holdings were repeatedly shown as 0% in the snapshots provided. One additional distribution included “Others” at 9.757% and retail at 35.128%, alongside promoters at 55.115%, again reflecting differences in classification across sources. The consistent thread is that promoter ownership increased into 2026 while institutional ownership was shown as nil in these feeds. For a microcap NBFC, this often makes promoter actions and disclosures especially important for tracking changes.

Warrant conversion completed on 30 March 2026

A key corporate development in the input is the completion of conversion of 1,25,00,000 share warrants into an equal number of equity shares. The conversion was approved through a Board resolution passed by circulation on March 30, 2026, cited under reference number DFL/SEC/2025-26/60. The face value per share was stated as Re 1. The company received the remaining 75% payment amounting to ₹4,04,06,250 at the rate of ₹3.2325 per warrant from the warrant holders. The input also states the conversion raised ₹4.04 crore at ₹3.2325 per warrant and increased the paid-up equity capital to ₹22.71 crore. The issue price per warrant was noted as ₹4.31. The conversion was executed as a preferential allotment in accordance with SEBI ICDR Regulations 2018 and the Companies Act 2013, as described in the text. The newly allotted equity shares were stated to rank pari-passu with the existing equity shares.

Luharuka Exports Pvt Ltd stake rises to 20.13%

The warrant conversion section identifies Luharuka Exports Private Limited as the sole participant. Following the conversion, the entity’s shareholding was reported to have strengthened to 20.13% of total shares. This is a material ownership marker because it points to concentration within the promoter or strategic holding base. The text frames the conversion as strengthening the participant’s shareholding position. For public shareholders, such an event is typically evaluated through its impact on equity base, paid-up capital, and any shift in control or influence. The provided data does not include post-issue total shares, but it does specify the number of warrants converted. It also specifies that equal rights apply through pari-passu ranking, meaning no separate class privileges were indicated. The key factual point is the completion of conversion and the stated resultant stake level for the sole participant.

Preferential equity shares: BSE trading approval in Aug 2025

Another corporate action referenced is BSE trading approval for 1,94,70,000 equity shares. These shares had face value of Re 1 each and were issued on a preferential basis at a premium of ₹3.31 per share. The approval was granted through BSE’s letter dated August 07, 2025. The text labels this as “DhanSafal Finserve Receives BSE Trading Approval for 1.95 Crore Preferential Equity Shares,” aligning with the 1,94,70,000 figure. Trading approval is a procedural milestone that allows issued shares to be admitted for trading on the exchange, subject to conditions. For investors, the most concrete takeaway is the number of shares and the pricing terms stated in the approval note. It also adds context for why shareholding and float figures might shift over time. The input does not provide the full allottee list or post-approval share count, so conclusions are limited to the stated facts.

Dividend and rights issue: what the record shows

Dividend-related lines show a dividend yield of 0% and state that DhanSafal Finserve does not currently pay dividends. Another entry says dividend yield was 0.00% in 2025, with payout ratio at 0.00%, and the prior year also at 0.00% for both metrics. Yet the data also records a “Last Dividend Declared” of ₹0.02 per share, declared on 29/07/2024, and separately lists “Final Dividend/Share ₹0.02.” An ex date and record date of 2024-09-09 were also provided for a dividend entry. On capital raising, a rights issue is shown with ex date Aug 2, 2024 and a 1:1 ratio. These items together suggest that while a small dividend occurred historically, the current indicated yield and payout are zero in the most recent reference points. The rights issue and subsequent preferential actions provide context for changes in capital structure. The input also states “No upcoming dividends are available” and “No upcoming announcements are available.”

Business profile and company identity

The company is described as operating as a non-banking financial company. Another profile states it provides retail financial services in India, including solutions for business short-term capital needs, MSME loans, and loan against property solutions. An additional line lists offerings such as inter-corporate loans, personal loans, and mortgage financing for individuals and businesses. The text also notes that the company was formerly known as Luharuka Media & Infra Limited and changed its name to DhanSafal Finserve Limited in May 2025. Incorporation year is given as 1981, and the company is based in Mumbai, India. The corporate address included “G-1402, Lotus Corporate Park, Jay Coach Area, Goregaon East, Mumbai, Maharashtra 400063,” with telephone numbers 022-68948508 and 022-28892527. The website is referenced as dhansafal.com. The ISIN provided is INE195E01020. These details help readers align disclosures, filings, and exchange identifiers while tracking corporate actions.

Key facts table

Corporate actions timeline table

Why these data points matter for investors

For a low-priced NBFC stock, corporate actions can explain shifts in holdings, float, and market cap more clearly than day-to-day price changes. The promoter holding rising from 50.87% in 2025 to 55.11% by Jun 2026 is a measurable change in ownership structure. The warrant conversion of 1,25,00,000 instruments into equity and the earlier BSE trading approval for 1,94,70,000 preferential shares are concrete events that relate directly to equity issuance. Dividend data indicates that while a small dividend was declared in 2024, the more recent indicators show no dividend yield and a zero payout ratio. Valuation metrics like P/E and EPS are provided, but readers should interpret them alongside the capital actions listed above. Liquidity signals like bid-ask snapshots and day ranges highlight that execution price may differ from headline price in thinly traded counters. Finally, the company’s name change in May 2025 and its Mumbai base help investors locate the right filings and identifiers.

Conclusion

DhanSafal Finserve’s mid-Sep 2026 snapshots place the stock around ₹2.42, with promoter holding at 55.11% and institutional holdings shown as nil in the provided breakdowns. The most significant disclosed corporate events are the Aug 2025 BSE trading approval for 1,94,70,000 preferential shares and the March 30, 2026 conversion of 1,25,00,000 warrants into equity, with Luharuka Exports Private Limited reported at a 20.13% stake post-conversion. Dividend indicators point to no current dividend yield, despite a recorded ₹0.02 per share dividend declaration in 2024 and a 2024-09-09 ex and record date. Investors tracking the counter typically focus on exchange filings around these corporate actions, updated shareholding disclosures, and the consistency of reported market cap and trading data across timestamps. The input also notes no upcoming dividends and no upcoming announcements in the referenced feeds, so the next information catalyst would be future filings or exchange updates when they are released.