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.
L67110MH1993PLC344634
344634
20 August 1993
₹2,000.00 Cr
₹36.36 Cr
Roc Mumbai
Listed
Active
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| 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 |
| 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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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%.
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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.
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₹30,564,473,000.00
₹27,812,560,000.00
| 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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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.
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.
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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.
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.
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.
A charge with Idbi Bank Limited amounted to Rs. 100.00 Cr with Charge ID 101095090 was registered on 25 Apr 2025. was recorded as a recent event.
Progress on 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 documented.
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.
Progress on A charge with Others amounted to Rs. 136.50 Cr with Charge ID 100985158 was registered on 17 Sep 2024. was documented.
The CIN of Nuvama Wealth Management Limited is L67110MH1993PLC344634.
Nuvama Wealth Management Limited is headquartered at 801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, 400051.
Nuvama Wealth Management Limited was incorporated on 20 August 1993.
The current directors of Nuvama Wealth Management Limited are
The primary industry of Nuvama Wealth Management Limited is Financial And Insurance Service.
Nuvama Wealth Management Limited is listed.
The authorized capital of Nuvama Wealth Management Limited is ₹2,000.00 Cr, and the paid-up capital is ₹36.36 Cr.
The compliance status of Nuvama Wealth Management Limited is Compliant.
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