A question - What’s the significance of “core staff per associate”? How are we defining it as productivity? Is a higher ratio better for margins because of either low cost or higher revenue?
The share of exited promoter (Dhana Management Consultancy LLP, holding 4.99%) has been reclassified from the promoter list in Dec 2020 which is the main reason for the drop in promoter holding. Mr Manish Sabharwal and Mr Ashok Reddy have a joint promoter holding of 31.5% as on 31st March 2022. They have individually sold 0.5% each year post IPO to manage their personal financial commitments.
Hi Dhruva,
Well written & thorough writeup.
A question - What’s the significance of “core staff per associate”? How are we defining it as productivity? Is a higher ratio better for margins because of either low cost or higher revenue?
Thanks
Thanks. Promotors are selling nearly 8 % in last 2-3 years. Any particular reason ?
The share of exited promoter (Dhana Management Consultancy LLP, holding 4.99%) has been reclassified from the promoter list in Dec 2020 which is the main reason for the drop in promoter holding. Mr Manish Sabharwal and Mr Ashok Reddy have a joint promoter holding of 31.5% as on 31st March 2022. They have individually sold 0.5% each year post IPO to manage their personal financial commitments.