Our History
Nuvama Wealth Finance Limited was originally incorporated as a Private Limited company under the name and style of Crossborder Investments Private Limited on October 27, 1994 in the State of Maharashtra. The name of the Company was changed to “Edelweiss Finance & Investments Private Limited” with effect from July 24, 2009. With effect from August 20, 2009, the status of the Company changed from private limited company to public limited company and the name changed to Edelweiss Finance & Investments Limited. Vide Order of the Company Law Board dated January 17, 2007, the Registered Office of the Company shifted from the state of Maharashtra to the state of Andhra Pradesh and the Registrar of Companies, Andhra Pradesh by giving the Corporate Identity Number U67120AP1994PLC052372. Vide Order of the Company Law Board dated September 26, 2016, the Registered Office of the Company shifted from the state of Telangana to the state of Maharashtra by giving the Corporate Identity Number U67120MH1994PLC286057.The name of the Company was changed to “Nuvama Wealth Finance Limited” with effect from September 19, 2022
Presently, the Registered Office of the Company is situated at 801- 804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051.
The Company has one Branch Office.
As of date, the Company does not have any subsidiary.
The Company is a wholly owned subsidiary of Nuvama Wealth Management Limited. Nuvama Wealth Management Limited and PAGAC Ecstasy Pte. Limited (PAGAC) are the promoters of the Company.
The Company is registered as a Non-Banking Financial Company not accepting public deposits with the Reserve Bank of India since March 30, 2002 and categorised as Middle Layer NBFC. The Company is engaged in the business of advancing loans against securities, ESOP financing, unsecured loan and trading and investing in securities.
The Company is part of the Nuvama Wealth Management (NWM) business in which PAGAC has made its investment. NWM business is one of India’s largest wealth management platforms, servicing over 2,400 of India’s wealthiest families as well as ~670,000 affluent and high net-worth individuals. NWM business presently includes Investment Management, Mutual Fund Distribution, Research Analysis, Stock Broking, Clearing and Custody business, Portfolio Management business, Depository participant, Debt Syndication; Securities trading and advisory. The business is spread across India and abroad in countries like Singapore, Hong Kong, USA and UK.
Our Group Company
The Company is part of the Nuvama Wealth Management (NWM) business of Nuvama Group in which PAGAC has made its investment. NWM business is one of India’s largest wealth management platforms, servicing over 2,400 of India’s wealthiest families as well as ~670,000 affluent and high net-worth individuals. NWM business presently includes Investment Management, Mutual Fund Distribution, Research Analysis, Stock Broking, Clearing and Custody business, Portfolio Management business, Depository participant, Debt Syndication; Securities trading and advisory. The business is spread across India and abroad in countries like Singapore, Hong Kong, USA and UK.
Our Approach
Our differentiated approach to business, customer-centric initiatives and intelligent investments in people, technology and brand has helped step up performance and be future-ready.
Our Management Team
Board Committees
LICENSE DETAILS
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Nuvama Wealth Finance Limited (NWFL) |
CIN: U67120MH1994PLC286057 The Company is having valid Certificate of Registration (CoR) No. B- 13.02144 dated 13.12.2016 issued by Reserve Bank of India (RBI) under Reserve Bank of India Act, 1934. However, RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of Company or correctness of any of the statements or representation made or opinion expressed by the Company.