As of July 2025, 72.44% is owned by Indian Promoters and 27.57% by Public.

Top five Promoters holding highest number of shares of IFGL Refractories company are Bajoria Financial Services Private Limited (480.89 lakhs shares / 66.72%), Shishir Kumar Bajoria (29.63 lakhs shares / 4.11%), S K Bajoria Huf (Shishir Kumar Bajoria) (6.30 lakhs shares / 0.87%), Mihir Prakash Bajoria (4.37 lakhs shares / 0.61%) and Smita Bajoria (0.89 lakhs shares / 0.12%).