Shankar Sharma Portfolio: Latest Holdings
As per shareholding filings for the quarter ended 30 September 2026, Shankar Sharma publicly holds 2 stocks with stakes of 1% or more, worth about ₹80.4 Cr at current prices. There were no new buys this quarter and cut in 1. Only 2 holdings of 1% or more appear in his name; most of his investing is likely below the 1% disclosure level or through his firm. Other stakes and deals reported in the media are listed further down, with sources.
- Holdings: Sep 2026 quarter filings
- Prices as of 23 Oct 2026
- Only stakes of 1% or more are disclosed
- Disclosed holdings value
- ₹80.4Cr
- Stocks held (1%+)
- 2
- New this quarter
- 0
- Stake raised / cut
- 0 / 1
- Largest holding
- 67.7%Valiant Communications
What changed in the Sep 2026 quarter
New buys (0)
No new 1%+ holdings this quarter.
Stake raised (0)
None.
Stake cut (1)
- Thomas Scott (India)▼ −0.12 pts
Exits
No holding from June dropped out of the filings this quarter.
Below 1% a stake drops out of filings, so a partial sale and a full exit can look the same.
All 2 holdings
| Stock | Stake (Sep 26) | Change vs Jun 26 | Shares held | Value (₹ Cr) | % of portfolio | Try in Kalpi |
|---|---|---|---|---|---|---|
| Valiant Communications | 3.46% | No change | 4,04,880 | 54.4 | 67.7% | Backtest Valiant Communications |
| Thomas Scott (India) | 6.55% | ▼ −0.12 pts | 9,73,015 | 26.0 | 32.3% | Backtest Thomas Scott (India) |
Value = shares held × price on 23 Oct 2026. Change is in percentage points of the company's shares.
Where the money sits: top 2 holdings
Valiant Communications is the largest holding at 67.7% of the disclosed value.
Other stakes and deals reported in the media (8)
DroneAcharya Aerial Innovations Ltd
Listed stockHeld 1.91% (4.57 lakh shares) at Sep 2023; sold 2 lakh shares in a bulk deal on 2 May 2024; not on the shareholder list for Mar 2024 (likely exited or below 1%)
Source: Inc42 (opens in a new tab), May 2024
Sumit Woods Ltd
Listed stock7.7% stake, 35,00,100 shares at Dec 2025; Research360 says the holding is now below 1% for the first time
Source: smallcase star investors (opens in a new tab), Dec 2025 (7.7%); later quarter below 1%
ACE Software Exports Ltd
Listed stock3.3% stake, 6,04,621 shares (about ₹9.2 Cr)
Source: smallcase star investors (opens in a new tab), Dec 2025
Rama Steel Tubes Ltd
Listed stock1.49% stake after a 0.61% sale (per 5paisa); separately, allotted 16.25 lakh convertible warrants at ₹112.50 on 13 Oct 2022 (Business Standard)
Source: Business Standard (opens in a new tab), 5paisa page updated 23 Jan 2026 (stake date not stated); warrants Oct 2022
VIP Clothing Ltd
Listed stockAbout 1.6-1.7% stake, about ₹4.9-5.7 Cr
Source: 5paisa blog (opens in a new tab), Not stated (page updated 23 Jan 2026)Low confidence
Brightcom Group Ltd
Listed stockAbout 1.1-1.2% stake, held since Jun 2023
Source: Motilal Oswal learning centre (opens in a new tab), Sep 2024 articleLow confidence
Annapurna Swadisht
Startup / unlistedListed as an angel investment on his Inc42 profile (First Global vice chairman); no date or round given. The company has since listed on the SME exchange
Source: Inc42 investor profile (opens in a new tab), No date on page
Bigbloc Construction
Startup / unlistedListed as an angel investment on his Inc42 profile; no date or round given. The company is listed on the exchanges
Source: Inc42 investor profile (opens in a new tab), No date on page
These are not in the Sep 2026 1%+ filings above: they are earlier stakes, bulk deals, stakes now below 1%, or private investments. Compiled from news reports, company offer documents (DRHPs), fund and PMS factsheets and smallcase pages. Amounts are as reported at the time; the current value, and whether the stake is still held, may differ. Rows marked low confidence come from a single secondary source. Nothing here is a recommendation.
A quant investor's idea of rules
Sharma is known for a quant approach. Kalpi lets you write rules like his kind (momentum, valuation, size) and backtest them on 15 years of Indian market data.
Backtest results are hypothetical and do not predict future returns.
Who is Shankar Sharma?
Shankar Sharma co-founded the brokerage First Global and is now known for GQuant, his quantitative investing firm. He is a regular voice on business television.
Sources: Business Standard; Inc42.
How to read this data
- Companies disclose shareholders who own 1% or more, once a quarter. Smaller stakes stay hidden.
- Filings come out up to three weeks after the quarter ends, so trades can be months old.
- Only filings under the exact name "Shankar Sharma" are counted; other people with similar names are excluded.
- This page reports public filings. It is not a recommendation to buy or sell.
Frequently Asked Questions
What is Shankar Sharma's current portfolio?
As per filings for the quarter ended 30 September 2026, Shankar Sharma publicly holds 2 stocks with stakes of 1% or more, worth about ₹80.4 Cr at current prices. The largest are Valiant Communications and Thomas Scott (India).
What are Shankar Sharma's top holdings?
By value: Valiant Communications (₹54.4 Cr, 3.46% of the company); Thomas Scott (India) (₹26.0 Cr, 6.55% of the company).
What other stocks has Shankar Sharma held?
Beyond the 2 holdings in current filings, media reports and earlier filings show: DroneAcharya Aerial Innovations, Sumit Woods, ACE Software Exports, Rama Steel Tubes, VIP Clothing, Brightcom Group, Annapurna Swadisht, Bigbloc Construction. Each is listed on this page with its source and date; some are now below 1% or sold.
Which stocks did Shankar Sharma sell?
The stake was cut in 1 company, including Thomas Scott (India).
What is Shankar Sharma's net worth?
Total net worth is not public. What can be measured is the value of stakes of 1% or more in listed companies: about ₹80.4 Cr across 2 stocks at current prices. Smaller stakes, unlisted investments and money held through companies or funds are not included.
Who is Shankar Sharma?
Shankar Sharma co-founded the brokerage First Global and is now known for GQuant, his quantitative investing firm. He is a regular voice on business television.
Why are some stocks missing from this list?
Companies only name shareholders who own 1% or more. If the stake is below 1%, or has been sold below that level, the stock does not appear. The list updates once a quarter, when companies file their shareholding patterns.
Should I buy the stocks Shankar Sharma holds?
This page reports public filings and is not a recommendation. Filings arrive weeks after the trades and do not show buying prices or reasons. A safer approach is to test a written set of rules on past data before investing, and to speak to a SEBI-registered adviser if you need advice.
Data compiled from shareholding patterns filed by listed companies with NSE and BSE for the quarter ended 30 September 2026. Reported investments are compiled from the news reports, offer documents and fund factsheets linked on this page. Prices as of 23 Oct 2026. Kalpi is not a SEBI-registered investment adviser; nothing on this page is investment advice or a recommendation to buy or sell. Investments in securities are subject to market risks.