Nuvama Wealth and Investment Limited formerly known as Edelweiss Broking Limited is an Indian

financial services Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, acco ...

company based in Mumbai, India. The company is a subsidiary of Nuvama Wealth Management Limited (NWML) formerly known as Edelweiss Securities limited and is led by Rahul Jain who is its president. The company is registered with

National Stock Exchange of India National Stock Exchange of India Limited (NSE) is the leading stock exchange under the ownership of various group of domestic and global financial institutions, public and privately owned entities and individuals. It is located in Mumbai, Mah ...

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange. It is located on Dalal Street in Mumbai. Established in 1875 by cotton merchant Premchand Roychand, a Jain businessman, it is the oldest stock exchange in ...

and

MCX Stock Exchange Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is a India’s first recognised commodity exchange. MCX is regulated by Securities Exchange Board of India (SEBI), which is the securities market regulator in India since 28th September ...

History

Edelweiss Broking limited was publicly incorporated on 7 February 2008 after

Edelweiss Group Edelweiss Group (Officially known as Edelweiss Financial Services Limited) is an investment and financial services company based in Mumbai, India. It is co-founded by Rashesh Shah and Venkat Ramaswamy. The company is dealing in various fina ...

had received final regulatory approval from the

Securities and Exchange Board of India The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance within the Government of India. It was established on 12 April 1988 as an executive ...

(SEBI) to start its mutual fund business by 2008. The

stockbroker A stockbroker is a regulated broker, broker-dealer, or registered investment adviser (in the United States) who may provide financial advisory and investment management services and execute transactions such as the purchase or sale of stocks an ...

acquired retail broker Anagram Capital Limited in January 2010. In December 2012 the company was listed under National stock Exchange. It was listed in MCX Stock Exchange Limited.

References

Financial services companies based in Mumbai 2008 establishments in Maharashtra Indian companies established in 2008 Financial services companies established in 2008 {{India-company-stub