As of March 2024, 54.16% is owned by Indian Promoters and 45.84% by Public.

Top five Promoters holding highest number of shares of Southern Magnesi company are Ravi Prasad Nuthakki (3.91 lakhs shares / 13.02%), Rajender Prasad Nuthakki (2.72 lakhs shares / 9.08%), N Ranga Prasad (2.59 lakhs shares / 8.64%), Anantha Lakshmi N (2.34 lakhs shares / 7.80%) and Nuthakki Ram Prasad (Huf) (1.80 lakhs shares / 6.01%).