Nuvama Wealth Management Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1993.
1993 Mumbai, Maharashtra, India Active
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About Nuvama Wealth Management Limited

Nuvama Wealth Management Limited, a active public limited company, was established on 20 August 1993 in Mumbai, Maharashtra, India. Engaging in brokerage & trading services within the financial and insurance service sector, it holds CIN: L67110MH1993PLC344634. Registered under ROC Roc Mumbai. it is listed. It has an authorized capital of ₹2,000.00 Cr and a paid-up capital of ₹36.36 Cr.

Formerly known as Edelweiss Securities Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹394.22 Cr and a net worth of ₹1,626.54 Cr. Employing 235 professional, Its leadership includes Ashish Kehair (Managing Director), Shiv Sehgal (Whole-Time Director), Aswin Vikram (Director). Past directors included Kalpana Ajayan, Ashish Kehair, Vinod Anand Juneja. It holds ₹3,056.45 Cr open charges and ₹2,781.26 Cr settled loans. Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2024. It is based at 801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, 400051.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    L67110MH1993PLC344634

  • Registration Number

    344634

  • Incorporation Date

    20 August 1993

  • Authorized Capital

    ₹2,000.00 Cr

  • Paid-Up Capital

    ₹36.36 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2,000.00 Cr
  • Paid Up Capital ₹ 36.36 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,056.45 Cr
  • Satisfied Charges ₹ 2,781.26 Cr
  • Revenue Growth **** 10.85%
  • Profit Growth **** -96.65%
  • Ebitda **** -63.12%
  • Net Worth 2.18%
  • Total Assets **** 15.36%
Company report

Nuvama Wealth Management Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Nuvama Wealth Management Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nuvama Wealth Management Limited?
Current Directors
Name Designation Appointment Date Status
Ashish Kehair Managing Director 21 Sep 2021 Current
Shiv Sehgal Whole-Time Director 11 Jan 2022 Current
Aswin Vikram Director 11 Jan 2022 Current
Sameer Ambarish Kaji Director 01 May 2023 Current
Nikhilkumar Srivastava Nominee Director 19 Mar 2021 Current
Birendra Kumar Director 17 Nov 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Aug 2017 Past
Pramod Abcsdd Additional Director 23 Oct 2021 Past
Pramod Abcsdd Director 19 Mar 2021 Past
Pramod Abcsdd Cfo 14 May 2024 Past
Pramod Abcsdd Additional Director 20 Sep 2019 Past
Pramod Abcsdd Additional Director 20 Mar 2014 Past

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Financial Performance of Nuvama Wealth Management.

Nuvama Wealth Management Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.85% increase. The company also saw a substantial fall in profitability, with a 96.65% decrease in profit. The company's net worth moved up by a moderate rise of 2.18%.

Nuvama Wealth Management revenue growth over time
Nuvama Wealth Management profit and loss trends over time
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
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 10.85%
*******
*******
*******
*******
Revenue from Operations
*******
 -1.34%
*******
*******
*******
*******
Total Assets
*******
 15.36%
*******
*******
*******
*******
Profit or Loss
*******
 -96.65%
*******
*******
*******
*******
Net Worth
*******
 2.18%
*******
*******
*******
*******
EBITDA
*******
 -63.12%
*******
*******
*******
*******

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

In 2023, Nuvama Wealth Management had a promoter holding of 55.32% and a public holding of 44.68%. The company had 6 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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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Charges (Loans)
Open Charges

₹30,564,473,000.00

Satisfied Charges

₹27,812,560,000.00

Charges Breakdown by Lending Institutions
  • Others : 2206.45 Cr
  • State Bank Of India : 700.00 Cr
  • Idbi Bank Limited : 100.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 50.00 Cr
Latest Charge Details
Date Lender Amount Status
25 Apr 2025 Idbi Bank Limited ₹100.00 Cr Open
21 Apr 2025 The Hongkong And Shanghai Banking Corporation Limited ₹50.00 Cr Open
17 Sep 2024 Others ₹136.50 Cr Open
06 Sep 2023 Others ₹150.00 Cr Open
16 May 2023 State Bank Of India ₹700.00 Cr Open

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How Many Employees Work at Nuvama Wealth Management?

Nuvama Wealth Management has a workforce of 235 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nuvama Wealth Management, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nuvama Wealth Management's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nuvama Wealth Management
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Nuvama Wealth Management Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was documented.

  • Charges

    The activity A charge with State Bank Of India of Rs. 700.00 Cr registered on 16 May 2023 with Charge ID 100717001 was modified on 28 Aug 2025. was completed.

  • Charges

    Progress on A charge with Idbi Bank Limited amounted to Rs. 100.00 Cr with Charge ID 101095090 was registered on 25 Apr 2025. was documented.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 50.00 Cr with Charge ID 101093564 was registered on 21 Apr 2025. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 258.01 Cr registered on 14 Jul 2022 with Charge ID 100596187 was modified on 24 Sep 2024. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 136.50 Cr with Charge ID 100985158 was registered on 17 Sep 2024. was documented.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Nuvama Wealth Management Limited?

The CIN of Nuvama Wealth Management Limited is L67110MH1993PLC344634.

Where is Nuvama Wealth Management Limited headquartered?

Nuvama Wealth Management Limited is headquartered at 801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, 400051.

When was Nuvama Wealth Management Limited incorporated?

Nuvama Wealth Management Limited was incorporated on 20 August 1993.

Who are the current directors of Nuvama Wealth Management Limited?

The current directors of Nuvama Wealth Management Limited are

What is the primary industry of Nuvama Wealth Management Limited?

The primary industry of Nuvama Wealth Management Limited is Financial And Insurance Service.

Is Nuvama Wealth Management Limited a listed company?

Nuvama Wealth Management Limited is listed.

What is the capital structure of Nuvama Wealth Management Limited?

The authorized capital of Nuvama Wealth Management Limited is ₹2,000.00 Cr, and the paid-up capital is ₹36.36 Cr.

What is the compliance status of Nuvama Wealth Management Limited?

The compliance status of Nuvama Wealth Management Limited is Compliant.

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