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Nuvama Wealth Management
3.5
based on 80 Reviews
Company Overview
Company Locations
Working at Nuvama Wealth Management
Company Summary
Overall Rating
3.5/5
based on 80 reviews
9% below
industry average
Critically rated for
Promotions/Appraisal, Work Satisfaction, Job Security
Work Policy
Work from office
85% employees reported
Monday to Saturday
36% employees reported
Flexible timing
50% employees reported
Within city
46% employees reported
View detailed work policy
About Nuvama Wealth Management
Founded in--
India Employee Count1k-5k
Global Employee Count--
Headquarters--
Office Locations
--
Websitenuvamawealth.com
Primary Industry
Other Industries
--
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Nuvama Wealth Management offers a wide range of financial products including Mutual Funds, Public Issues, Corporate FDs, bonds, General Insurance, Mortgage Loans, and SME loans. The company focuses on building strong relationships with clients and understanding their needs to provide tailored financial solutions. The distribution business is supported by business partners and aims to expand its customer base while ensuring client satisfaction.
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Nuvama Wealth Management Ratings
based on 80 reviews
Overall Rating
3.5/5
How AmbitionBox ratings work?
5
25
4
22
3
9
2
7
1
17
Category Ratings
3.7
Skill Development
3.6
Salary & Benefits
3.5
Work-Life Balance
3.5
Company Culture
3.4
Job Security
3.1
Work Satisfaction
3.1
Promotions/Appraisal
Nuvama Wealth Management is rated 3.5 out of 5 stars on AmbitionBox, based on 80 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Nuvama Wealth Management
based on 79 reviews
3.1
Rated by 22 Women
Rated 3.7 for Skill Development and 3.3 for Salary & Benefits
3.6
Rated by 57 Men
Rated 3.7 for Salary & Benefits and 3.7 for Skill Development
Work Policy at Nuvama Wealth Management
based on 19 reviews in last 6 months
Work from office
85%
Hybrid
10%
Permanent work from home
5%
Nuvama Wealth Management Reviews
Top mentions in Nuvama Wealth Management Reviews
+ 4 more
Compare Nuvama Wealth Management with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.5/5 based on 80 reviews | 4.0/5 based on 5.1k reviews | 3.8/5 based on 15.8k reviews | 3.9/5 based on 24 reviews |
Highly Rated for | No highly rated category | Work-Life balance Skill development Salary & Benefits | Job Security | Job Security Work Satisfaction Company culture |
Critically Rated for | Promotion/Appraisals Work Satisfaction Job Security | No critically rated category | Promotion/Appraisals | Promotion/Appraisals |
Primary Work Policy | Work from office 85% employees reported | Work from office 89% employees reported | Work from office 81% employees reported | - |
Rating by Women Employees | 3.1 Average rated by 22 women | 3.9 Good rated by 1.1k women | 3.6 Good rated by 3.5k women | 3.3 Average rated by 8 women |
Rating by Men Employees | 3.6 Good rated by 57 men | 4.0 Good rated by 3.7k men | 3.8 Good rated by 11.7k men | 4.3 Good rated by 15 men |
Job Security | 3.3 Average | 3.8 Good | 3.8 Good | 4.1 Good |
View more
Nuvama Wealth Management Salaries
3.6
rated by 80 employees for salariesWealth Manager
(15 salaries)
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₹3.2 L/yr - ₹7 L/yr
Chief Manager
(12 salaries)
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₹9 L/yr - ₹21.6 L/yr
Software Developer
(12 salaries)
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₹8 L/yr - ₹15 L/yr
Relationship Manager
(11 salaries)
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₹4.3 L/yr - ₹8 L/yr
Assistant Vice President
(10 salaries)
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₹18.4 L/yr - ₹32 L/yr
Associate Director
(7 salaries)
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₹30 L/yr - ₹63.8 L/yr
Senior Wealth Manager
(7 salaries)
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₹8.8 L/yr - ₹12 L/yr
Cluster Head and Vice President
(7 salaries)
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₹25 L/yr - ₹30 L/yr
Branch Manager
(6 salaries)
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₹9.4 L/yr - ₹13 L/yr
Deputy Vice President
(5 salaries)
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₹19.5 L/yr - ₹35 L/yr
Nuvama Wealth Management Interview Questions
Interview questions by designation
Top Nuvama Wealth Management interview questions and answers
Interview Process at Nuvama Wealth Management
based on 7 interviews in last 1 year
Interview Experience
3.7
Good
People are getting interviews through
based on 5 Nuvama Wealth Management interviews
Campus Placement
40%
Referral
20%
Company Website
20%
Job Portal
20%
*0% candidates got the interview through other sources
Moderate confidence
Nuvama Wealth Management Jobs
Nuvama Wealth Management News
View all
Zaggle Prepaid Approves Allotment Of 1.13 Crore Shares Via QIP
- Zaggle Prepaid Ocean Services Ltd. has approved the allotment of 1.13 crore shares to qualified institutional buyers.
- The shares were allotted at an issue price of Rs 523.20 per equity share, reflecting a 5% discount on the floor price.
- The allotment resulted in an increase in the company's paid-up equity share capital from Rs 12.28 crore to Rs 13.42 crore.
- Motilal Oswal Investment Advisors, Equirus Capital, and Nuvama Wealth Management were the book-running lead managers for the transaction.
Bloomberg Quint | 24 Dec, 2024
Zaggle Launches QIP To Raise Rs 450 Crore, Option To Upsize To Rs 750 Crore—Details Here
- Zaggle Prepaid Ocean Services Ltd. has launched a Qualified Institutional Placement (QIP) to raise Rs 450 crore, with an option to increase the fundraising to Rs 750 crore.
- The indicative price for the QIP is set at Rs 523.2 per share, reflecting a 6.75% discount to the last closing price.
- The offering aims to raise approximately $53 million (Rs 4.5 billion) with a potential upsizing to $88.3 million (Rs 7.5 billion).
- Motilal Oswal Investment Advisors, Equirus Capital, and Nuvama Wealth Management are acting as the book-running lead managers for the transaction.
Bloomberg Quint | 19 Dec, 2024
Zaggle Opens INR 950 Cr QIP, Sets Floor Price At INR 550.73
- Fintech SaaS company Zaggle has opened its qualified institutional placement (QIP) offer to raise INR 950 Cr.
- The floor price for the QIP has been set at INR 550.73 per equity share, a discount of 1.9% from the stock's last closing price.
- Zaggle has appointed Motilal Oswal Investment Advisors, Equirus Capital, and Nuvama Wealth Management as merchant bankers for the QIP.
- The company plans to use INR 500 Cr from the QIP proceeds for investments and acquisitions.
Inc42 | 19 Dec, 2024
Zaggle Prepaid Launches QIP, Fixes Floor Price At Rs 550.73 Per Share
- Zaggle Prepaid Ocean Services Ltd. has launched a qualified institutional placement (QIP).
- The floor price for the QIP is set at Rs 550.73 per equity share, representing a 2% discount compared to the stock's current market price.
- The company may offer a discount of up to 5% on the floor price for the issue.
- The merchant bankers for the QIP are Motilal Oswal Investment Advisors Ltd., Equirus Capital Pvt. Ltd., and Nuvama Wealth Management Ltd.
Bloomberg Quint | 18 Dec, 2024
Nuvama Wealth acquires shares worth Rs 100 Cr in OYO via secondary market: Report
- Nuvama Wealth has acquired shares worth Rs 100 crore in OYO's parent firm Oravel Stays Limited.
- The share sale at Rs 53 per share values OYO at $4.6 billion.
- OYO's early investors are offering partial exits while potentially introducing new strategic investors.
- Other potential buyers are also exploring stake purchases in OYO at prices ranging between Rs 53-60 per share.
Yourstory | 13 Dec, 2024
Edelweiss Financial Subsidiaries Offload 7.2% Stake In Nuvama Wealth For Rs 1,759 Crore
- Two subsidiaries of Edelweiss Financial Services offloaded a combined stake of 7.2% in Nuvama Wealth Management for Rs 1,759.4 crore.
- Kotak Emerging Equity Scheme acquired a 0.76% stake in Nuvama Wealth Management for approximately Rs 185.8 crore.
- ECap Equities sold a 3.43% stake in Nuvama Wealth Management for approximately Rs 833.2 crore, while Edel Finance Co. offloaded a 3.77% equity stake for about Rs 926.3 crore.
- In September, Edelweiss Services sold a stake worth Rs 1,481.2 crore in Nuvama Wealth, and in August, Edelweiss Financial Chairperson Rashesh Chandrakant Shah sold shares worth over Rs 248.2 crore.
Bloomberg Quint | 12 Dec, 2024
ArisInfra Solutions Gets SEBI Approval For Rs 600 Crore IPO
- ArisInfra Solutions has received SEBI approval for a Rs 600 crore IPO.
- The company plans to use the IPO proceeds for debt repayment, working capital, and investments in subsidiaries.
- The IPO will consist of a fresh issue of equity shares and has no offer-for-sale component.
- Book running lead managers for the IPO are JM Financial Ltd., IIFL Securities Ltd., and Nuvama Wealth Management Ltd.
Bloomberg Quint | 18 Nov, 2024
Broker’s call: Nuvama Wealth (Buy)
- Nuvama Wealth Management reported robust overall AUM growth of ₹4.4 lakh crore at the end of Q2FY25, with a 90% and 98% y-o-y growth in AUM and revenues from capital markets, respectively.
- The PAT number of ₹260 crore beat estimates, resulting in a change of rating from Reduce to Buy with a revised TP of ₹7,765.
- Management plans to reduce the cost to income ratio to below 60% in the next 2-3 years.
- Key risks include a slowdown in AUM growth and attrition in TL and client.
HinduBusinessLine | 29 Oct, 2024
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