Nuvama Wealth Management Share Price

Nuvama Wealth Management Limited was originally incorporated on August 20, 1993 as a private limited company with the name Kayjay Financial Research Services Private Limited. On February 13, 1998, the name of the company was changed to KJS Securities Private Limited. Further, on May 4, 1998, the name changed to Rooshnil Securities Private Limited. Again to Edelweiss Securities Private Limited on May 12, 2004. Then finally, on April 20, 2007, the company was made public limited and the name was changed to Edelweiss Securities Limited and from Edelweiss Securities Limited , the name changed to Nuvama Wealth Management Limited on August 18, 2022. PAGAC Ecstasy Pte. Limited is the holding company. The Company is a stock broking entity and is licensed with and regulated by the Securities and Exchange Board of India (SEBI) to, among other things, conduct trading and broking activities for institutional as well as retail clients. The Company is licensed with SEBI as Research Analyst to, among other things, distribute research reports on Indian Securities to its clients. Also, the Company is registered as a Merchant Banker and Investment Adviser with SEBI. The Company is registered as a Trading cum Clearing Member with the National Stock Exchange of India Limited and the BSE Limited and is registered as a Trading Member with Metropolitan Stock Exchange of India Ltd, Multi Commodity Exchange of India Limited and National Commodity Exchange of India Limited.During the year 200809, the company launched research portal which is providing research report online to its clients. They obtained Trading and clearing Membership of The National Stock Exchange of India Ltd, The Bombay Stock Exchange Ltd and The MCX Stock Exchange Ltd.During the year 200910, Arum Investments Pvt Ltd (Arum) became the subsidiary of the company.The Company in addition, provide margin trading facility to the brokerage clients for leveraging their eligible collaterals by funding their requirements on the cash delivery segment of equities. Such funding is subject to exposure against margins that are mandated by the stock exchanges, with the securities forming a part of the collateral for such funding. Besides, it offer distribution services for wide range of financial products including mutual funds, insurance products, fixed income products, mortgages and loans, portfolio management schemes, alternative investment funds, structured products and IPOs to clients.The Company as on March 31, 2022, had a network of 71 branches spread across 57 cities. Given the wide network, there are a large number of trading terminals that provide retail stockbroking facilities.The Company is a wholly owned subsidiary of Nuvama Wealth Management Limited (NWML) (Formerly Edelweiss Securities Limited), as the Promoter. It also caters to a wide clientele comprising leading domestic and international institutional investors, including Pension Funds, Hedge Funds, Mutual Funds, insurance companies, and banks. Pacific Alliance Group (PAG), one of the largest Asia focused alternative investment manager, has also acquired controlling stake of NWML in the FY 202021.The Company launched asset management business in 2021, focusing on alternative investments strategies across Private Markets, Public Markets and Commercial Real Estate.In 202223, pursuant to a Scheme of Arrangement with Edelweiss Financial Services Limited (EFSL) and the Company, the Wealth Management business of EFSL got demerged into with the Company and the Scheme became effective from May 18, 2023. The Company launched a commercial real estate fund through the 50:50 Joint venture entity with Cushman and Wakefield as partner in 2024. It further launched a multifund digital onboarding solution for PMS and AIF clients.

As of 23 Jun, 2025, Nuvama Wealth Management share price is ₹7060.5. The stock opened at ₹6870 and had closed at ₹6882.5 the previous day. During today’s trading session, Nuvama Wealth Management share price moved between ₹6,805.50 and ₹7,099.00, with an average price for the day of ₹6952.25. Over the last 52 weeks, the stock has recorded a low of ₹4,600.00 and a high of ₹7,800.00. In terms of performance, Nuvama Wealth Management share price has increased by 3.1% over the past six months and has increased by 38.27% over the last year.