Nuvama Clearing Services Limited

Professional clearing and fund accounting services for trading and investment firms.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated:

Nuvama Clearing Services Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.27 Cr
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,795.00 Cr
  • Satisfied Charges ₹ 1,025.00 Cr
  • Revenue Growth 7.73%
  • Profit Growth 55.17%
  • Ebitda 21.09%
  • Net Worth 30.92%
  • Total Assets 11.52%

About Nuvama Clearing Services

Nuvama Clearing Services Limited (NCSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 2008 and has a history of 16 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Edelweiss Primary Dealership Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.27 Cr.

The company currently has active open charges totaling ₹1,795.00 Cr. The company has closed loans amounting to ₹1,025.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nuvama Clearing Services Limited India are Manoj Sharma as Cfo, Udit Sureka as Ceo, and Girija Joshi as Company Secretary. Udit Sureka, Arbinda Ghimire, Sneha Patwardhan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51109MH2008PLC187594

  • Company No.

    187594

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 2008

  • Date of AGM

    01 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Nuvama Clearing Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Manoj Sharma Country flag representing In CFO29-Jan-2024Current
Udit Sureka CEO27-Feb-2024Current
Girija Joshi Country flag representing In Company Secretary29-Jan-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Udit Sureka Country flag representing In Whole-Time Director 04-Apr-2022Current
Riyaz Marfatia Country flag representing In Director 04-Jun-2024Current
Arbinda Ghimire Country flag representing In Whole-Time Director 08-May-2023Current
Sneha Patwardhan Country flag representing In Additional Director 05-Sep-2024Current
Shiv Sehgal Country flag representing Au Director 06-Dec-2019Current
Birendra Kumar Country flag representing In Director 13-Nov-2023Current

Financial Performance of Nuvama Clearing Services.

Nuvama Clearing Services Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.73% increase. The company also saw a substantial improvement in profitability, with a 55.17% increase in profit. The company's net worth Soared by an impressive increase of 30.92%.

Nuvama Clearing Services revenue growth over time
Nuvama Clearing Services profit and loss trends over time
  • 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
7.73%
Revenue from Operations
6.34%
Total Assets
11.52%
Profit or Loss
55.17%
Net Worth
30.92%
EBITDA
21.09%

What is the Ownership and Shareholding Structure of Nuvama Clearing Services?

In 2023, Nuvama Clearing Services 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 Indicator graph

Charges (Loans)

Open Charges

₹1,795.00 Cr

Satisfied Charges

₹1,025.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 991.50 Cr
  • Standard Chartered Bank : 300.00 Cr
  • State Bank Of India : 200.00 Cr
  • Idbi Bank Limited : 150.00 Cr
  • Yes Bank Limited : 100.00 Cr
  • Others : 53.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2025Others₹200.00 CrOpen
24 Jan 2025Others₹25.00 CrOpen
17 Sep 2024Others₹136.50 CrOpen
09 May 2023Yes Bank Limited₹100.00 CrOpen
08 Sep 2022Others₹150.00 CrOpen

How Many Employees Work at Nuvama Clearing Services?

Nuvama Clearing Services has a workforce of 98 employees as of Mar 31, 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 growth trends for Nuvama Clearing Services Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nuvama Clearing Services, 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 Clearing Services'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.

Latest Updates, News, and FAQs on Nuvama Clearing Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 101048158 was registered on 27 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101048156 was registered on 24 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 136.50 Cr with Charge ID 100992819 was registered on 17 Sep 2024.

  • Director Appointment

    Sneha Amit Patwardhan was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 6 months 26 days .

  • Charges

    A charge with Others of Rs. 130.00 Cr registered on 09 Feb 2022 with Charge ID 100541464 was modified on 20 Aug 2024.

  • Annual General Meeting

    Nuvama Clearing Services Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Nuvama Clearing Services Limited?

    Nuvama Clearing Services Limited was incorporated on 16 Oct 2008.

  • What is authorized share capital and paid-up capital of Nuvama Clearing Services Limited?

    The authorized share capital of Nuvama Clearing Services Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.27 Cr.

  • Who are the current board members & directors of Nuvama Clearing Services Limited?

    Currently 9 directors are associated with Nuvama Clearing Services Limited.

    • Udit Sureka
    • Arbinda Chintamani Ghimire
    • Sneha Amit Patwardhan
    • Manoj Kumar Giriraj Sharma
    • Udit Sureka
    • Girija Surendra Joshi
    • Riyaz Noshir Marfatia
    • Shiv Sehgal
    • Birendra Kumar

  • What is the registered address of Nuvama Clearing Services Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nuvama Clearing Services Limited is 801 To 804 Wing A Building No 3 Inspire Bkc G Block India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Nuvama Clearing Services Limited?

    The corporate identification number (CIN) of Nuvama Clearing Services Limited is U51109MH2008PLC187594 and the company number is 187594 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nuvama Clearing Services Limited?

    The Official website of Nuvama Clearing Services Limited is https://www.nuvama.com

  • What has been the recent revenue trend for Nuvama Clearing Services Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nuvama Clearing Services Limited has risen by 7.73%.

  • How many employees does Nuvama Clearing Services Limited currently have?

    As Per 2023 financial reports, 98 employees are currently employed by Nuvama Clearing Services Limited.

  • What change has been observed in the net worth of Nuvama Clearing Services Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nuvama Clearing Services Limited has experienced an upsurge of 30.92%.

  • What are the total open charges for Nuvama Clearing Services Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nuvama Clearing Services Limited amount to ₹ 1,795.00 Cr.

  • When was the last Balance Sheet of Nuvama Clearing Services Limited filed with the ROC?

    The most recent Balance Sheet for Nuvama Clearing Services Limited was filed with the ROC on 31 Mar 2024.

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