About Nuvama Asset Management Limited
Data last updated:
Nuvama Asset Management Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Nuvama Wealth Management Limited. It operates in the portfolio management services segment of the financial services sector. It was incorporated on 01 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH2019PLC343440. Its GSTIN is 27AAFCE6580P1ZX (Maharashtra).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹45.96 Cr. It was formerly known as Esl Securities Limited. It is led by directors including Anshu Kapoor (Managing Director) and Riyaz Noshir Marfatia.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
The company is associated with 1 brand: Edelweiss Finance. The company has 3 deals on record (3 rights issues); the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nuvamaassetmanagement.com.
Company details
CIN history
Nuvama Asset Management has one previous CIN (Corporate Identification Number): U67190TG2019PLC135795. The current CIN is U67190MH2019PLC343440, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH2019PLC343440 | Current |
| U67190TG2019PLC135795 | Previous |
Contact details
Nuvama Asset Management Limited's registered office is in Mumbai, Maharashtra.
- Registered Address801 To 804 Wing A Building No 3, Inspire BKC G Block BKC, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Portfolio Management Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Nuvama Asset Management operates one associated brand: Edelweiss Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment management, SME loans, and insurance services are provided. | edelweissfin.com |
Financials of Nuvama Asset Management Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nuvama Asset Management Limited, buy the company report.
Board of directors of Nuvama Asset Management Limited
Nuvama Asset Management has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Riyaz Noshir Marfatia Also directs: Gulnar Advisors LLP, Kart Family Advisors LLP, Nuvama Clearing Services Limited and 2 more | Director | 06 Jan 2024 | 2 Years 10 Months | Current |
| Jasbir Singh Kochar Also directs: Nuvama Mutual Fund Trusteeship Services Limited | Director | 06 Jan 2024 | 2 Years 10 Months | Current |
| Anshu Kapoor | Managing Director | 01 Sep 2020 | 6 Years 2 Months | Current |
Deals & funding
Nuvama Asset Management Limited has 3 deals on record (3 rights issues); the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹10 Cr | Investors: Nuvama Wealth Management Limited |
| Mar 2022 | Rights issue | ₹11 Cr | Investors: Edelweiss Financial Services Limited |
| Sep 2020 | Rights issue | ₹24.95 Cr | Investors: Edelweiss Financial Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nuvama Asset Management Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nuvama Asset Management Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nuvama Asset Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCE6580P1ZX | Maharashtra | Active | 23 Oct 2020 |
To see the full GST registrations and return filing status of Nuvama Asset Management Limited, buy the company report.
Recent activity
Nuvama Asset Management Limited has 17 board changes on record since 2020: 4 appointments and 13 cessations. The latest: Atul Bapna ceased to be Additional Director on 16 Jul 2024.
8 earlier events are in the company report.
Frequently asked questions
Nuvama Asset Management is an active public limited company based in Mumbai, Maharashtra, India. The company works in portfolio management services, within the financial services industry. It was incorporated on 01 October 2019 (7+ years old) and is registered under CIN U67190MH2019PLC343440.
Nuvama Asset Management has 3 current directors:
- Anshu Kapoor - Managing Director
- Riyaz Noshir Marfatia - Director
- Jasbir Singh Kochar - Director
The latest financial statements of Nuvama Asset Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 August 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Nuvama Asset Management is 27AAFCE6580P1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nuvama Asset Management is U67190MH2019PLC343440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nuvama Asset Management was incorporated on 01 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Nuvama Asset Management has 3 deals on record (3 rights issues); the latest was in March 2024.
Atul Bapna ceased to be Additional Director on 16 Jul 2024. Jasbir Singh Kochar ceased to be Additional Director on 16 Jul 2024. Riyaz Noshir Marfatia ceased to be Additional Director on 16 Jul 2024. Nuvama Asset Management has 17 board changes on record in total.
Nuvama Asset Management can be reached through the website nuvamaassetmanagement.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nuvama Asset Management is at 801 To 804 Wing A Building No 3, Inspire BKC G Block BKC, Mumbai, Maharashtra, India – 400051.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
