- #748 Rashesh Chandrakant Shah & family ₹4,200 Cr

About Edelweiss Asset Management Limited
Data last updated:
Edelweiss Asset Management Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Edelweiss Financial Services Limited. It operates in the asset management firms segment of the financial services sector. It was incorporated on 23 August 2007 and has been in existence for over 19 years.
Its director Rashesh Chandrakant Shah and family are #748 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65991MH2007PLC173409. Its GSTIN is 27AABCE8255H1ZI (Maharashtra). The company holds 15 GST registrations, all of them active.
The company has an authorised share capital of ₹113.25 Cr and a paid-up capital of ₹72.22 Cr. It was formerly known as Edelweiss Asset Management Private Limited. It is led by directors including Radhika Gupta (Managing Director) and Sandeep Bhandarkar.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Edelweiss House Off C.S.T Road Kalina, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2025, the company reported a revenue of ₹9,518.71 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹535.82 Cr (net margin 5.6%) and EBITDA of ₹3,485.8 Cr (EBITDA margin 36.6%). Revenue has grown at a compounded annual rate (CAGR) of 285% over three years and 137% over five years.
The company has about 350 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Edelweiss Asset Management. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 1 case is pending. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹561.7 Cr; the latest was in August 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website edelweissmf.com.
Company details
CIN history
Edelweiss Asset Management has one previous CIN (Corporate Identification Number): U65991MH2007PTC173409. The current CIN is U65991MH2007PLC173409, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65991MH2007PLC173409 | Current |
| U65991MH2007PTC173409 | Previous |
Recognitions & Rankings of Edelweiss Asset Management
Contact details
Edelweiss Asset Management Limited's registered office is in Mumbai, Maharashtra. Its website is edelweissmf.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEdelweiss House Off C.S.T Road Kalina, Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Asset Management Firms, Portfolio Management Services
To see the full contact details of Edelweiss Asset Management Limited, buy the company report.
- 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
Edelweiss Asset Management operates one associated brand: Edelweiss Asset Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Equity and fixed income mutual funds are managed in India. | edelweissmf.com |
Business activity
The main business activity of Edelweiss Asset Management is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Edelweiss Asset Management Limited, buy the company report.
Financials of Edelweiss Asset Management Limited
FY 2025 filings availableEdelweiss Asset Management Limited reported revenue of ₹9,518.71 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 137%. EBITDA rose 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial 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 | ₹9,518.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3,485.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹535.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.6% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Edelweiss Asset Management Limited, buy the company report.
Board of directors and KMP of Edelweiss Asset Management Limited
Edelweiss Asset Management Limited currently reports 5 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhika Gupta Also directs: Edelweiss Life Insurance Company Limited, RPG Life Sciences Limited, Association of Mutual Funds in India and 1 more | Managing Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Sandeep Bhandarkar Also directs: Zuno General Insurance Limited, 3Planes Sportstech Private Limited | Director | 01 Jan 2023 | 3 Years 10 Months | Current |
| Ashima Goyal | Director | 22 Aug 2025 | 1 Years 2 Months | Current |
| Shrima Ritesh Shetty | Company Secretary | 31 Dec 2024 | 1 Years 10 Months | Current |
| Rashesh Chandrakant Shah Also directs: Spire Investment Advisors LLP, Mabella Investment Adviser LLP, Oak Investment Adviser LLP and 5 more | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
| Sunil Kakar Also directs: Edelweiss Life Insurance Company Limited, Eaaa India Alternatives Limited, Gic Housing Finance Limited and 1 more | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Edelweiss Asset Management Limited is audited by Nangia & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nangia & Co LLP | FY 2025 | 002391C/N500069 |
Shareholding
The shareholding of Edelweiss Asset Management Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Edelweiss Asset Management Limited, buy the company report.
Deals & funding
Edelweiss Asset Management Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹561.7 Cr; the latest was in August 2025.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Seller: Edelweiss Financial Services Limited , Edel Finance Company Limited |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Edel Finance Company Limited Seller: Edelweiss Financial Services Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Edelweiss Financial Services Limited Seller: Ecap Equities Limited |
| Feb 2019 | Funding round | ₹11.75 Cr | Investors: Edelweiss Financial Services Limited |
| Nov 2016 | Rights issue | ₹95 Cr | Investors: Edelweiss Financial Services Limited , Ecap Equities Limited |
To see the full deal history of Edelweiss Asset Management Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Edelweiss Asset Management Limited has 11 court cases on record: 4 filed by Edelweiss Asset Management, 7 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 5 | 0 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Dewan Housing Finance Corporation Ltd. and Another and 1 other | Disposed |
| Bombay High Court | Commercial suit | Filed against the company by Reliance Project Ventures and Management Pvt. Ltd. and Anr. | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Reliance Project Ventures and Management Pvt. Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (NMCA) | Filed against the company by Reliance Project Ventures and Management Pvt. Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by Reliance Project Ventures and Management Pvt. Ltd. and Anr. | Disposed |
To see the full case history of Edelweiss Asset Management Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Edelweiss Asset Management Limited was last rated by Care on 03 Oct 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Oct 2023 |
To see the full credit ratings and regulatory alerts of Edelweiss Asset Management Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Edelweiss Asset Management Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Edelweiss Asset Management Limited has a workforce of 350 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 350 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Edelweiss Asset Management Limited, buy the company report.
GST
Edelweiss Asset Management has 15 GST registrations: 15 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE8255H1ZI | Maharashtra | Active | 01 Jul 2017 |
| 24AABCE8255H1ZO | Gujarat | Active | 26 Jul 2017 |
| 09AABCE8255H1ZG | Uttar Pradesh | Active | 27 Jul 2017 |
| 04AABCE8255H1ZQ | Chandigarh | Active | 28 Jul 2017 |
To see the full GST registrations and return filing status of Edelweiss Asset Management Limited, buy the company report.
Recent activity
Edelweiss Asset Management Limited has 35 board changes on record since 2007: 20 appointments and 15 cessations. The latest: Deepak Ramineedi ceased to be Additional Director on 17 Dec 2025.
26 earlier events are in the company report.
News
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Frequently asked questions
Edelweiss Asset Management is an active public limited company based in Mumbai, Maharashtra, India. The company works in asset management firms, within the financial services industry. It was incorporated on 23 August 2007 (19+ years old) and is registered under CIN U65991MH2007PLC173409.
Edelweiss Asset Management has 6 current directors and KMP:
- Radhika Gupta - Managing Director
- Sandeep Bhandarkar - Director
- Ashima Goyal - Director
- Rashesh Chandrakant Shah - Director
- Sunil Kakar - Director
- Shrima Ritesh Shetty - Company Secretary
The latest financial statements of Edelweiss Asset Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Edelweiss Asset Management is 27AABCE8255H1ZI, registered in Maharashtra. The company has 15 GST registrations in all, of which 15 are active. Other active GSTINs include 24AABCE8255H1ZO (Gujarat), 09AABCE8255H1ZG (Uttar Pradesh), 04AABCE8255H1ZQ (Chandigarh).
The CIN (Corporate Identification Number) of Edelweiss Asset Management is U65991MH2007PLC173409. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Edelweiss Asset Management has 11 court cases on record: 4 filed by the company and 7 filed against it. 1 is pending. Most are in the high courts.
Edelweiss Asset Management was incorporated on 23 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Edelweiss Asset Management has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹561.7 Cr; the latest was in August 2025.
Deepak Ramineedi ceased to be Additional Director on 17 Dec 2025. Ashima Goyal was appointed as Director on 22 Aug 2025. Karan Kailash Datta ceased to be Director on 26 Jul 2025. Edelweiss Asset Management has 35 board changes on record in total.
Edelweiss Asset Management can be reached through the website edelweissmf.com. Its registered office is in Mumbai, Maharashtra, India.

