Nippon Life India Asset Management Limited

Asset management company offering various investment solutions and portfolio management services.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 02, 2024

Nippon Life India Asset Management Profile

Key Indicators

  • Authorised Capital ₹ 1,030.00 Cr
  • Paid Up Capital ₹ 631.25 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 0.19%
  • Profit Growth 0.52%
  • Ebitda 2.27%
  • Net Worth 1.27%
  • Total Assets 1.47%

About Nippon Life India Asset Management

Nippon Life India Asset Management Limited (NLIAML) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 February 1995 and has a history of 29 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540767 and on the National Stock Exchange(NSE) under NAM-INDIA.

The Corporate was formerly known as Reliance Capital Asset Management Ltd. 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 2023. It's a company limited by shares with an authorized capital of Rs 1,030.00 Cr and a paid-up capital of Rs 631.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nippon Life India Asset Management Limited India are Nilufer Shekhawat as Company Secretary, Mr Sikka as Ceo, and Amol Bilagi as Cfo. Ved Malik, Upendra Sinha, Sundeep Sikka, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L65910MH1995PLC220793

  • Company No.

    220793

  • Stock Symbol

    BSE : 540767 NSE : NAM-INDIA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1995

  • Date of AGM

    12 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Nippon Life India Asset Management Limited offer?

Nippon Life India Asset Management Limited offers a wide range of products and services, including Insurance Service, Health Insurance, Corporate Finance & Leasing Advisors, Investment Service.

Who are the key members and board of directors at Nippon Life India Asset Management?

Executive Team (3)

NameDesignationAppointment DateStatus
Nilufer Shekhawat Country flag representing In Company Secretary01-Nov-2018Current
Mr Sikka Country flag representing In CEO28-Jul-2014Current
Amol Bilagi CFO24-Jan-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Tomohiro Yao Country flag representing Jp Director 21-Apr-2022Current
Balasubramanyam Sriram Country flag representing In Director 15-Mar-2021Current
Ved Malik Country flag representing In Director 22-Apr-2016Current
Upendra Sinha Country flag representing In Director 01-May-2023Current
Sundeep Sikka Country flag representing In Whole-Time Director and Ceo 22-Apr-2016Current
Ameeta Chatterjee Country flag representing In Director 24-Mar-2015Current

Financial Performance of Nippon Life India Asset Management.

Nippon Life India Asset Management Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.19% increase. The company also saw a slight improvement in profitability, with a 0.52% increase in profit. The company's net worth moved up by a moderate rise of 1.27%.

Graph illustrating revenue growth over time
Graph showing 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
0.19%
Revenue from Operations
3.73%
Total Assets
1.47%
Profit or Loss
0.52%
Net Worth
1.27%
EBITDA
2.27%

What is the Ownership and Shareholding Structure of Nippon Life India Asset Management?

In 2023, Nippon Life India Asset Management had a promoter holding of 73.66% and a public holding of 26.33%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Nippon Life India Asset Management?

Nippon Life India Asset Management has a workforce of 969 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nippon Life India Asset 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 Nippon Life India Asset 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.

Latest Updates, News, and FAQs on Nippon Life India Asset Management

Recent activity within the organization

  • Director Appointment

    Amol Vijay Bilagi was appointed as a Cfo was appointed as a Cfo on 24 Jan 2024 & has been associated with this company since 1 year 7 days .

    24 Jan 2024

  • Annual General Meeting

    Nippon Life India Asset Management Limited last Annual general meeting of members was held on 12 Jul 2023 as per latest MCA records.

    12 Jul 2023

  • Director Appointment

    Upendra Kumar Sinha was appointed as a Director was appointed as a Director on 01 May 2023 & has been associated with this company since 1 year 9 months .

    01 May 2023

  • Balance Sheet

    Nippon Life India Asset Management Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Balasubramanyam Sriram was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 3 years 10 months .

    15 Mar 2021

  • Director Appointment

    Ashvin Dhirajlal Parekh was appointed as a Director was appointed as a Director on 01 Aug 2020 & has been associated with this company since 4 years 6 months .

    01 Aug 2020

Frequently asked questions

  • Nippon Life India Asset Management Limited was incorporated on 24 Feb 1995.

  • The authorized share capital of Nippon Life India Asset Management Limited is ₹ 1,030.00 Cr and paid-up capital is ₹ 631.25 Cr.

  • Currently 12 directors are associated with Nippon Life India Asset Management Limited.

    • Ved Prakash Malik
    • Upendra Kumar Sinha
    • Sundeep Sikka
    • Balasubramanyam Sriram
    • Ameeta Chatterjee
    • Ashvin Dhirajlal Parekh
    • Minoru Kimura
    • Tomohiro Yao
    • Hiroki Yamauchi
    • Nilufer Gaurav Shekhawat
    • Mr Sundeep Sikka
    • Amol Vijay Bilagi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nippon Life India Asset Management Limited is 4Th Floor Tower A Peninsula Business Park, Ganapatrao Kadam Marg Lower Parel (West), Mumbai, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Nippon Life India Asset Management Limited is L65910MH1995PLC220793 and the company number is 220793 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nippon Life India Asset Management Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NAM-INDIA.

  • The Official website of Nippon Life India Asset Management Limited is https://www.mf.nipponindiaim.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nippon Life India Asset Management Limited has risen by 0.19%.

  • As Per 2023 financial reports, 969 employees are currently employed by Nippon Life India Asset Management Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nippon Life India Asset Management Limited has experienced an upsurge of 1.27%.

  • The most recent Balance Sheet for Nippon Life India Asset Management Limited was filed with the ROC on 31 Mar 2023.

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