As of December 2023, 56.08% is owned by Indian Promoters and 43.92% by Public.

Institutional holds 0.19% (Insurance Companies 0.13%) and Non-Institutional holds 43.72% as Public shareholders.

Top five Promoters holding highest number of shares of Madhusudan Indus company are Vikram Investments Company Private Limited (9.37 lakhs shares / 17.43%), Smiti Somany (6.13 lakhs shares / 11.41%), Vikram Somany (5.39 lakhs shares / 10.03%), Rekha Commercial Private Limited (4.06 lakhs shares / 7.56%) and Suvinay Trading & Investment Co. Ltd. (2.58 lakhs shares / 4.79%).