Nuvama Wealth Management Profile
Key Indicators
- Authorised Capital ₹ 2,000.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 35.78 Cr
as on 16-11-2024
- Company Age 31 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,506.45 Cr
as on 16-11-2024
- Satisfied Charges ₹ 2,781.26 Cr
as on 16-11-2024
- Revenue 10.85%
(FY 2023)
- Profit -96.65%
(FY 2023)
- Ebitda -63.12%
(FY 2023)
- Net Worth 2.18%
(FY 2023)
- Total Assets 15.36%
(FY 2023)
About Nuvama Wealth Management
The Corporate was formerly known as Edelweiss Securities 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 2,000.00 Cr and a paid-up capital of Rs 35.78 Cr.
The company currently has active open charges totaling ₹2,506.45 Cr. The company has closed loans amounting to ₹2,781.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nuvama Wealth Management Limited India are Ashish Kehair as Ceo, Bharat Kalsi as Cfo, and Sneha Patwardhan as Company Secretary. Kamlesh Vikamsey, Birendra Kumar, Sameer Kaji, and Seven other members serve as directors at the Company.
- CIN/LLPIN
L67110MH1993PLC344634
- Company No.
052266
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Aug 1993
- Date of AGM
05 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Nuvama Wealth Management?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashish Kehair  | Managing Director | 10-Dec-2019 | Current |
| Bharat Kalsi | CFO | 12-Jun-2024 | Current |
| Sneha Patwardhan | Company Secretary | 15-Jul-2023 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sameer Kaji | Director | 01-May-2023 | Current |
| Anisha Motwani | Director | 30-Jul-2021 | Current |
| Kamlesh Vikamsey | Director | 30-May-2023 | Current |
| Birendra Kumar | Director | 17-Nov-2021 | Current |
Navtej Nandra  | Director | 19-Mar-2021 | Current |
Shiv Sehgal  | Whole-Time Director | 10-Dec-2019 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 17 Sep 2024 | ₹136.50 Cr | Open |
Others Creation Date: 06 Sep 2023 | ₹150.00 Cr | Open |
State Bank Of India Creation Date: 16 May 2023 | ₹300.00 Cr | Open |
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.
Deals i
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
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.
