As of March 2024, 74.86% is owned by Indian Promoters and 25.14% by Public.

Top five Promoters holding highest number of shares of Adarsh Mercantile company are Avon Credit Pvt Ltd (14.93 lakhs shares / 40.63%), Kshitiz Chhawchharia Huf (3.55 lakhs shares / 9.65%), Ashish Chhawchharia Huf (3.52 lakhs shares / 9.57%), Sushil Kumar Chhawchharia Huf (2.73 lakhs shares / 7.44%) and Kshitiz Chhawchharia (1.40 lakhs shares / 3.81%).

Out of 27.51 lakhs shares, Promoters of Adarsh Mercantile Company has over 14.93 lakhs (54.27%) shares on pledge as of March 31, 2024.