# Pledged promoter stakes — NSE scan

> More than a fifth of the promoter holding pledged as loan collateral — the risk screen, not a buy list.

Canonical: https://patternsradar.com/screener/pledged-promoters

```sift
where promoter_pledged_pct > 20
```

Pledged shares are a standing margin call: fall far enough and the lender sells the collateral into the decline, which is how bad weeks become terrible ones. A fifth of the promoter stake pledged is past the point of routine treasury management. This scan inverts the rest of the category — it is a list to check holdings against, not to buy from — and it is short by design, because heavy pledging is rare among liquid names precisely for the reason it is worth screening: the market punishes it. Filings report a pledge only where one exists, so absence from this list usually means zero, occasionally just an unparsed filing.

Category: [Fundamentals](https://patternsradar.com/scans/fundamentals.md). Default universe: top 500 NSE stocks by 20-day turnover.

The rendered page runs this scan against the latest session and can replay it across the last 250 sessions to measure its hit rate: https://patternsradar.com/screener/pledged-promoters.