As of September 2025, 72.54% is owned by Indian Promoters and 27.46% by Public.

Top five Promoters holding highest number of shares of Frog Cellsat company are Star Private Trust (Through Its Trustee - Barclays Wealth Trustees (India) Private Limited) (89.29 lakhs shares / 57.41%), Trusts (89.29 lakhs shares / 57.41%), Konark Trivedi (22.68 lakhs shares / 14.58%), Sonal Trivedi (0.80 lakhs shares / 0.51%) and Roar Systems Private Limited (6400 shares / 0.04%).