As of December 2021, 74.00% is owned by Indian Promoters and 26.00% by Public.

Institutional holds 4.20% (Foreign Portfolio Investors 1.71% and Insurance Companies 2.49%), Government holds 0.04% and Non-Institutional holds 21.75% as Public shareholders.

Top Promoter holding highest number of shares of Guj. Mineral Dev company is Government of Gujarat (2353.20 lakhs shares / 74.00%).