As of December 2023, 54.44% is owned by Indian Promoters and 45.56% by Public.

Top five Promoters holding highest number of shares of Nikhil Adhesives company are Vasantben Jayantilal Sanghavi (50.03 lakhs shares / 10.89%), Rekha Tarak Sanghavi (45.32 lakhs shares / 9.86%), Mrunalini Rajendra Sanghavi (44.04 lakhs shares / 9.59%), Anita Umesh Sanghavi (30.98 lakhs shares / 6.74%) and Rajendra Jayantilal Sanghavi (11.97 lakhs shares / 2.61%).

Out of 250.10 lakhs shares, Promoters of Nikhil Adhesives Company has over 57.29 lakhs (22.90%) shares on pledge as of December 31, 2023.