Foreign institutional investors (FIIs) have reduced their shareholding in LIC Housing Finance to 36.28% at the end of March 2015 quarter from 40.87 % as on December 31, 2014. On the other hand, domestic institutional investors’ (DIIs) shareholding went up to 6.17% at the end of March 2015 quarter from 5.9% as on December 31, 2014.
Meanwhile, Non Institutions were holding 16.89% stake at the end of March 2015 quarter, up 451 basis points from 12.38% as on December 31, 2014. Corporate bodies were holding 4.62% stake at the end of March 2015 quarter, up 170 basis points from 2.92% as on Dec 31, 2014.
LIC Housing Finance is the second largest housing finance player in India. It has one of the widest networks of over 205 offices across the country and representative offices at Dubai & Kuwait.
