Market Creators shareholding dips to 33.37% in Mar 2026

Stock snapshot and why it is being tracked

Market Creators Ltd (BSE: 526891) is a small-cap broking and financial services company based in Vadodara, Gujarat. Recent publicly circulated data highlights a change in promoter holding in the March 2026 quarter, alongside inconsistent promoter holding figures across different shareholding breakups. For investors tracking micro-cap financial stocks, promoter holding trends are often monitored closely because they can signal changes in control, liquidity, and market supply. In this case, the reported change is small in percentage terms, but the surrounding data warrants careful reading because multiple sources classify holdings differently.

The stock is shown with a BSE price point of ₹13.52, down ₹0.06 (-0.44%), timestamped at “30 Apr 4:00 PM” in the provided information. Separately, another snapshot states that as of 23-06-2026 18:29, the share price was shown as ₹0 with a change of ₹-15.00 (-100.00%) from a previous close of ₹15, which indicates a data feed anomaly or missing price rather than a typical market movement. Since both numbers appear in the same input set, they are presented here as separate snapshots rather than reconciled.

March 2026 promoter holding change: what is stated

The provided data explicitly says: “Promoters decreased holding from 33.96% to 33.37% in Mar 2026 qtr.” That implies a decline of 0.59 percentage points in promoter shareholding quarter-on-quarter for the March 2026 period. No transaction details, buyer category, or reasons are included in the source text. There is also no statement about promoter pledging in the material, except one line noting: “There is no promoter pledging in Market Creators Ltd.”

At the same time, another shareholding view in the dataset shows a different breakdown for the March 2026 period: Promoter 33.36%, Non-Promoter 14.26%, and Custodian 52.38%. This suggests the headline promoter number around 33.36%-33.37% is part of a classification where a large portion is shown under “Custodian.” In contrast, a separate tracker-style snapshot states promoter holding at 70.07%, public holding at 29.93%, with FII 0% and DII 0%. Because the underlying article text includes both, the key takeaway is that the promoter percentage depends on the specific classification/reporting format referenced.

What the company does

Market Creators Limited is described as being engaged primarily in the broking business in India. The listed service mix includes advice-based broking in equities and derivatives, e-broking services, depository services, commodities trading, IPO services, and mutual fund investment advisory services. The text also mentions merchant banking and portfolio management in one description, and separately notes that the company “proposes to start Portfolio Management Services (PMS), in short span of time.” In addition, the company is stated to offer real estate management services.

This combination places the company in the “Finance - Investment”/financial services space in the provided classification. One line in the dataset also refers to “Banking and Finance sector” while giving a market capitalisation figure, which is consistent with how data platforms sometimes group smaller broking companies.

Key financial and market metrics mentioned

The input includes multiple standard market metrics. Operating revenue is listed as ₹9.87 crore. The market capitalisation appears in several places, including ₹14.196 crore (explicitly tied to the ₹13.52 price), ₹14.9 crore (in a business profile block), ₹15 crore (as on 04-Jul-2025), ₹15.8 crore (as of 6 June 2025), and ₹16.14 crore (in a separate market statistics block). These values likely reflect different dates and price points.

Other provided metrics include: number of shares 1.05 crore, face value ₹10, dividend yield 0.00%, book value around ₹10.2-₹10.24, and P/BV figures of 1.4018 and 1.50 in different blocks. EPS figures are also mixed in the input: EPS (TTM) is shown as ₹-0.48 in one snapshot, while another shows EPS 0.17 with the date 30/09/2024. The dataset also includes ROCE 8.76% and ROE 2.06%, and a “Stock P/E 746” in one profile section.

Key metrics table (as stated in the source text)

Promoter holdings: differing classifications shown

The most direct quarter-on-quarter change highlighted is the move from 33.96% to 33.37% in March 2026. Separately, a table-style series shows promoters at 71.32% for multiple periods, then 70.07% in the latest column. Another summary states: promoter 70.07%, public 29.93%, with FII 0% and DII 0%. And another breakdown for March 2026 shows promoter 33.36% and custodian 52.38%.

Because the custodian line is large, readers should note that the “promoter” percentage can look materially different depending on whether certain holdings are grouped under promoter, public, or custodian categories on a given platform. The input does not provide a single unified shareholding statement that resolves these differences.

Shareholding snapshots table (as stated)

Promoters and leadership details mentioned

The dataset lists prominent promoters and their holdings: Jayantilal Harkisondas Shah (42.39%), Rashmikant Acharya (26.8%), and Kalpesh J Shah (1.83%). It also states that the chairman is Jayantilal H Shah. The managing director field is left blank in the provided text, so no name is attributed here.

Company location and contact details

The registered/office address appears multiple times in similar forms, including “Creative Castle, 70, Sampatrao Colony, Opposite Masonic Hall, Vadodara, 390007, India,” and “Creative Castle Opp Masonic Hall, 70 Sampatrao Colony Off Productivity Road, Gujarat - 390007.” Contact details shown include telephone numbers (including 0265-2354075) and the website “www.sharemart.co.in” (also shown as http://www.sharemart.co.in). Emails listed include info@marketcreators.net and customercare@marketcreators.net (as partially shown).

Market impact: what the numbers imply, without over-reading

The explicit market move provided is a small decline of 0.44% at the ₹13.52 snapshot. The other “₹0” price print with a -100% change is best treated as a data issue in isolation, since the same dataset also describes the stock trading around ₹13-₹15. The key market-relevant event in the text is the promoter holding change to 33.37% for March 2026, which is numerically modest but still a change investors may monitor in illiquid counters.

From a valuation and fundamentals perspective, the input highlights price-to-book around 1.4-1.5 times and a book value around ₹10.2. It also flags a negative EPS (TTM) of -₹0.48 in one snapshot, which contrasts with another EPS value of 0.17 for 30/09/2024, reinforcing that investors should align metrics to the same period before making comparisons.

Conclusion

Market Creators’ March 2026 quarter note points to a promoter holding dip from 33.96% to 33.37%. However, other views in the provided data show promoter holding at 70.07% and also introduce a large custodian category, which changes how promoter ownership appears across snapshots. Investors tracking the stock should focus on dated, exchange-aligned disclosures for consistent shareholding interpretation, while keeping in mind the company’s core broking-led business model and the small-cap nature of its market capitalisation figures shown in the ₹14-₹16 crore range.