Nuvama Wealth Finance Profile
Key Indicators
- Authorised Capital ₹ 73.00 Cr
- Paid Up Capital ₹ 11.46 Cr
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4,466.85 Cr
- Satisfied Charges ₹ 2,279.51 Cr
- Revenue Growth 16.90%
- Profit Growth 60.09%
- Ebitda 25.72%
- Net Worth 10.28%
- Total Assets 18.06%
About Nuvama Wealth Finance
Nuvama Wealth Finance Limited (NWFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 October 1994 and has a history of 30 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Edelweiss Finance & Investments Private 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 73.00 Cr and a paid-up capital of Rs 11.46 Cr.
The company currently has active open charges totaling ₹4,466.85 Cr. The company has closed loans amounting to ₹2,279.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nuvama Wealth Finance Limited India are Tushar Agrawal as CEO and Pooja Doshi as Company Secretary. Kamlesh Vikamsey, Nikhilkumar Srivastava, Ashish Kehair, and Five 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
U67120MH1994PLC286057
- Company No.
286057
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Oct 1994
- Date of AGM
01 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Nuvama Wealth Finance?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tushar Agrawal | CEO | 01-Apr-2020 | Current |
| Pooja Doshi | Company Secretary | 01-Sep-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sankarson Banerjee  | Director | 28-Mar-2024 | Current |
| Ashish Kehair | Director | 21-Oct-2021 | Current |
| Kamlesh Vikamsey | Director | 01-Aug-2023 | Current |
| Nikhilkumar Srivastava | Nominee Director | 26-Mar-2021 | Current |
| Akshaya Mishra | Director | 15-Feb-2024 | Current |
| Ramesh Abhishek | Nominee Director | 26-Mar-2021 | Current |
Financial Performance of Nuvama Wealth Finance.
Nuvama Wealth Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.9% increase. The company also saw a substantial improvement in profitability, with a 60.09% increase in profit. The company's net worth Soared by an impressive increase of 10.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Nuvama Wealth Finance?
In 2023, Nuvama Wealth Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paras Healthcare Private Limited.Ramesh Abhishek is a mutual person
Aditya Birla Sun Life Amc LimitedRamesh Abhishek is a mutual person
Zerodha Trustee Private LimitedSankarson Banerjee is a mutual person
Pickright Technologies Private LimitedAshish Kehair is a mutual person
Acme Formulation Private LimitedNikhilkumar Srivastava is a mutual person
Nuvama Wealth Management LimitedKamlesh Vikamsey, Nikhilkumar Srivastava and 2 more are mutual person
Charges (Loans)
₹4,466.85 Cr
₹2,279.51 Cr
Charges Breakdown by Lending Institutions
- Others : 2466.85 Cr
- Sbicap Trustee Company Limited : 2000.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2024 | Others | ₹2.50 M | Open |
| 05 Jun 2023 | Others | ₹800.00 Cr | Open |
| 12 Jan 2023 | Others | ₹300.00 Cr | Open |
| 21 Jul 2022 | Others | ₹200.00 Cr | Open |
| 08 Sep 2020 | Others | ₹1,000.00 Cr | Open |
How Many Employees Work at Nuvama Wealth Finance?
Unlock and access historical data on people associated with Nuvama Wealth Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nuvama Wealth Finance, 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 Finance's trajectory.
Rating
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
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.
