History & Milestones
Three decades across India’s financial markets.
From a capital-markets foundation to an integrated wealth, asset-management and capital-markets platform.
Foundation
The company was incorporated in Mumbai on 20 August 1993, formerly operating as Edelweiss Securities Limited.
Investment Banking
The business developed its investment-banking franchise and capital-markets capabilities.
Institutional Equities
Institutional equities expanded the platform’s research, sales and trading capabilities.
Independent platform
PAG’s majority investment strengthened the platform’s institutional ownership and strategic independence.
Nuvama listing
The business rebranded as Nuvama and listed on NSE and BSE on 26 September 2023.
Integrated financial-services platform
Wealth Management, Asset Management and Capital Markets operate as core businesses serving affluent, UHNI, family-office, corporate and institutional clients.