About Nuvama Clearing Services Limited
Data last updated: 22 December 2025
Nuvama Clearing Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Nuvama Wealth Management Limited. It specialises in financial exchanges, a part of the broader financial services sector. Incorporated on 16 October 2008, the company has been in operation for over 18 years.
Registered with ROC Mumbai under CIN U51109MH2008PLC187594.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.27 Cr. Formerly known as Edelweiss Primary Dealership Limited and Edelweiss Custodial Services Limited. It is led by directors including Riyaz Noshir Marfatia and Shiv Sehgal.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,011.49 Cr, a growth of 83% compared to the previous year.
The company has a workforce of approximately 98 employees as per the latest available data. It operates as a subsidiary of Nuvama Wealth Management Limited.
The company is associated with 1 brand - Nuvama. As per MCA filings, the company has open charges of ₹2,504.95 Cr and satisfied charges of ₹1,125 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nuvama.com.
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Registered Address801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, India – 400051
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IndustryFinancial Services, Financial Exchanges
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Nuvama Clearing Services Limited
Nuvama Clearing Services Limited has undergone 2 name changes throughout its history. The company was previously known as Edelweiss Primary Dealership Limited, and Edelweiss Custodial Services Limited. The current legal name is Nuvama Clearing Services Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Nuvama Clearing Services Limited | Current |
| Edelweiss Primary Dealership Limited | Previous |
| Edelweiss Custodial Services Limited | Previous |
Associated Brands with Nuvama Clearing Services Limited
Nuvama Clearing Services Limited operates one associated brand: Nuvama. These brands represent Nuvama Clearing Services Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| An integrated wealth management platform is operated by Nuvama. | nuvama.com |
Competitors & Alternatives of Nuvama Clearing Services Limited
Brands and companies operating in the same space as Nuvama Clearing Services Limited include Addepar, Delta Capita, sei and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Addepar
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Wealth management solutions are delivered for investment advisors. | Mountain View, United States, United States | 2009 |
Delta Capita
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Provider of consulting, managed services, and technology solutions for financial services | London, United Kingdom, United Kingdom | 2010 |
sei
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Wealth and investment management solutions are offered to institutional investors. | Oaks, United States, United States | 1968 |
Centricity
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Digital private wealth management platform for individuals | Gurugram, India, India | 2022 |
Avaloq
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Cloud-based solutions for financial institutions are provided by Avaloq. | Zurich, Switzerland, Switzerland | 1985 |
Broadridge
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Cloud-based accounting and financial management solutions are offered to businesses. | New York, United States, United States | 2007 |
Sanctuary Wealth
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Solutions are provided to wealth managers for client management. | Indianapolis, United States, United States | 2018 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
InvestCloud
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Investment management software is provided for advisors and institutions. | West Hollywood, United States, United States | 2010 |
Envestnet
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Cloud-based solutions are offered for wealth management and financial advising. | Berwyn, United States, United States | 1999 |
Business Activity of Nuvama Clearing Services Limited
Nuvama Clearing Services Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services, other financial activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details for Nuvama Clearing Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Nuvama Clearing Services Limited
Nuvama Clearing Services Limited is audited by S R BATLIBOI & CO LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R BATLIBOI & CO LLP | Locked | Locked | Locked |
Complete auditor history for Nuvama Clearing Services Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Nuvama Clearing Services Limited
Nuvama Clearing Services Limited is currently managed by 6 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Riyaz Noshir Marfatia
Also directs:
Gulnar Advisors Llp, Kart Family Advisors Llp, Tangarine Tango Hospitality Private Limited and 2 more
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Director | 04 Jun 2024 | 2 Years 2 Months | Current |
| Shiv Sehgal | Director | 06 Dec 2019 | 6 Years 8 Months | Current |
| Arbinda Chintamani Ghimire | Whole-Time Director | 08 May 2023 | 3 Years 3 Months | Current |
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Udit Sureka
Also directs:
Nuvama Capital Services (Ifsc) Limited
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Whole-Time Director | 04 Apr 2022 | 4 Years 4 Months | Current |
| Sneha Amit Patwardhan | Director | 05 Sep 2024 | 1 Years 11 Months | Current |
| Birendra Kumar | Director | 13 Nov 2023 | 2 Years 9 Months | Current |
Financials of Nuvama Clearing Services Limited FY 2025 filings available
Nuvama Clearing Services Limited reported revenue of ₹1,011.49 Cr (up 83.00% YoY) for FY 2025.
Ten-year financial statements for Nuvama Clearing Services Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Nuvama Clearing Services Limited
Shareholding and ownership data for Nuvama Clearing Services Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nuvama Clearing Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2025 | State Bank of India | ₹45 Lakh | Open |
| 10 Sep 2025 | Others | ₹100 Cr | Open |
| 27 Jan 2025 | Others | ₹200 Cr | Open |
| 24 Jan 2025 | Others | ₹25 Cr | Open |
| 17 Sep 2024 | Others | ₹136.5 Cr | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Nuvama Clearing Services Limited
Nuvama Clearing Services Limited has a workforce of 98 employees as of Mar 31, 2024.
Employee and EPFO history for Nuvama Clearing Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Nuvama Clearing Services Limited
GST registrations and filing compliance for Nuvama Clearing Services Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Nuvama Clearing Services Limited
Credit ratings, litigation, and regulatory alerts for Nuvama Clearing Services Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Nuvama Clearing Services Limited
MSME payment history for Nuvama Clearing Services Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Nuvama Clearing Services Limited
Corporate group structure for Nuvama Clearing Services Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Nuvama Clearing Services Limited
MCA filings and documents for Nuvama Clearing Services Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Nuvama Clearing Services Limited
Recent News on Nuvama Clearing Services Limited
Frequently Asked Questions about Nuvama Clearing Services Limited
Nuvama Clearing Services Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 16 October 2008 (18+ years old) and is registered under CIN U51109MH2008PLC187594. The company has 98 employees.
Nuvama Clearing Services Limited reported revenue of ₹1,011.49 Cr for FY 2025 (up 83.00% YoY).
The current directors of Nuvama Clearing Services Limited are:
- Riyaz Noshir Marfatia - Director
- Shiv Sehgal - Director
- Arbinda Chintamani Ghimire - Whole-Time Director
- Udit Sureka - Whole-Time Director
- Sneha Amit Patwardhan - Director
- Birendra Kumar - Director
The primary industry of Nuvama Clearing Services Limited is financial services. The company specifically operates in financial exchanges. The company is currently active in this sector.
Nuvama Clearing Services Limited can be reached at the registered office: 801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, India – 400051, or through the website nuvama.com.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹6.27 Cr.