Nuvama Asset Management Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 2019.

2019 Mumbai, Maharashtra, India Active

Last Updated: January 10, 2026

About Nuvama Asset Management Limited

Nuvama Asset Management Limited, a active public limited company, was established on 01 October 2019 in Mumbai, Maharashtra, India. Engaging in portfolio management services within the financial and insurance service sector, it holds CIN: U67190MH2019PLC343440. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹100.00 Cr and a paid-up capital of ₹45.96 Cr.

Formerly known as Esl Securities Limited. It upholds a compliant status. Its leadership includes Riyaz Noshir Marfatia (Director), Jasbir Singh Kochar (Director), Anshu Kapoor (Managing Director). Past directors included Ashish Kehair, Janmejay Upadhyay, Ananya Suneja. Its latest AGM occurred on 14 August 2025, with the balance sheet filed on 31 March 2025. It is based at 801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, 400051.

Company Details

CIN/LLPIN
U67190MH2019PLC343440
Registration Number
343440
Incorporation Date
01 October 2019
Authorized Capital
₹100.00 Cr
Paid-Up Capital
₹45.96 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 100.00 Cr as on 10-01-2026
Paid Up Capital ₹ 45.96 Cr as on 10-01-2026
Company Age 6 Year, 9 Months
Last Filing with ROC 31 Mar 2025

Comprehensive Company Insights

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Who are the key members and board of directors at Nuvama Asset Management Limited?

Current Directors

Name	Designation	Appointment Date	Status
Riyaz Noshir Marfatia	Director	06 Jan 2024	Current
Jasbir Singh Kochar	Director	06 Jan 2024	Current
Anshu Kapoor	Managing Director	01 Sep 2020	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Aug 2020	Past
Pramod Abcsdd	Nominee Director	07 Jul 2021	Past
Pramod Abcsdd	Additional Director	29 Jun 2022	Past
Pramod Abcsdd	Additional Director	16 Jul 2024	Past
Pramod Abcsdd	Cfo	-	Past
Pramod Abcsdd	Director	31 Aug 2020	Past

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Financial Performance of Nuvama Asset Management.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Nuvama Asset Management?

In 2023, Nuvama Asset Management had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Nuvama Asset Management?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Nuvama Asset Management

Recent Activity within the Organization

Director Appointment

Progress on Sneha Amit Patwardhan was appointed as a Company Secretary was appointed as a Company Secretary on 06 Nov 2025 & has been associated with this company since 7 months 28 days . was documented.
06 Nov 2025
Annual General Meeting

Nuvama Asset Management Limited last Annual general meeting of members was held on 14 Aug 2025 as per latest MCA records. was recorded as a recent event.
14 Aug 2025
Balance Sheet

The activity Nuvama Asset Management Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Dinesh Dayaldas Thadani was appointed as a CFO was appointed as a CFO on 14 Feb 2024 & has been associated with this company since 2 years 4 months . was recorded as a recent event.
14 Feb 2024
Director Appointment

Progress on Riyaz Noshir Marfatia was appointed as a Director was appointed as a Director on 06 Jan 2024 & has been associated with this company since 2 years 5 months . was documented.
06 Jan 2024
Director Appointment

Progress on Jasbir Singh Kochar was appointed as a Director was appointed as a Director on 06 Jan 2024 & has been associated with this company since 2 years 5 months . was documented.
06 Jan 2024

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