Top 10 Companies with the Highest Number of Shareholders
DSIJ Intelligence-1 / 18 Jul 2025/ Categories: Mindshare, Trending
Interestingly, the tenth company on this list is in power generation and is connected to the Reliance Group and Anil Ambani.
Today, the Indian stock market took a bit of a hit, with both the Sensex and Nifty-50 — our main market trackers — going down by more than 0.70%. This slowdown comes as we look at something interesting: why are so many people interested in companies that have a huge number of shareholders?
Having lots of shareholders often means that many everyday people believe in the company, and it's easy to buy and sell its shares. When we look at the top 10 companies in India with the most shareholders, the very first one is a big vehicle-making company from the Tata Group. This shows how much trust people have in well-known Indian businesses. Interestingly, the tenth company on this list is in power generation and is connected to the Reliance Group and Anil Ambani.
Following is the list of the top 10 companies with the highest number of shareholders as of March 2025
|
Company Name |
Number of Shareholders |
|
67,28,246 |
|
|
63,27,641 |
|
|
60,54,755 |
|
|
60,25,709 |
|
|
56,74,619 |
|
|
56,35,775 |
|
|
52,59,483 |
|
|
47,65,728 |
|
|
46,67,439 |
|
|
41,77,549 |
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As of March 2025, Tata Motors Ltd leads the pack with the highest number of shareholders, boasting an impressive 67,28,246 investors. Closely following are Yes Bank Ltd and Vodafone Idea Ltd, with 63,27,641 and 60,54,755 shareholders, respectively. The presence of multiple Tata Group companies—Tata Motors Ltd, Tata Steel Ltd, and Tata Power Company Ltd—within the top 10 underscores the group's broad investor base and market presence, reflecting a strong retail participation in these established entities.
The list highlights a significant investor interest across diverse sectors. While automotive (Tata Motors), banking (Yes Bank), and telecommunications (Vodafone Idea) dominate the very top, sectors like infrastructure and finance are also well-represented. Indian Railway Finance Corporation Ltd and JIO Financial Services Ltd demonstrate substantial public ownership, indicating the appeal of investments linked to critical national infrastructure and the burgeoning financial services sector, respectively. The inclusion of Suzlon Energy Ltd also points to investor confidence in renewable energy.
Do you own any of these stocks in your portfolio? Do let us know in the comments below
Disclaimer: The article is for informational purposes only and not investment advice.