Edelweiss Financial Services

Does anybody know when is Nuwama Listing on exchanges & therefore will start showing up in Demat ?

Its already in demat, check in your cdsl/nsdl, unless company officially announces no one knows, you can try reaching out to company secretary via email.

Nuvama will be listed on 23rd Aug 2023.
Reference - Q1FY24 Quarterly Result Announced for Edelweiss Financial Services Ltd.

1 Like

Can have negative sentimental impact on the stock

1 Like

Edelweiss already responded to this. I think nothing will come out of it ultimately, as otherwise no bank/NBFC will ever be able to function

1 Like

Edelweiss has took so much time for demerger at every stage.

Nuvama Wealth demerger happened = early Jun 2023. Listing date is 23 Aug 2023

JIO Fin Services demerger happened = Mid july 2023. Listing date is 21 Aug 2023

Clearly shows difference.

I think Nuvama listing price should be around 3200 Rs as per the stock price adjustment.

Any one can guide what will be the expected price?

Thank You!

with eps of rs 80, anywhere between 1600-2000 is realistic

1 Like

Nuvama Wealth hopes to get listed on stock exchanges by mid-September: MD Ashish Kehair

1 Like

I read few days back that Nuvama will be listed on 23rd Aug but I dont see that in my Zerodha Demat ‘Active’ stocks …anybody else has seen this getting activated ?

No Even I haven’t received in my Zerodha account.

I think this can help, listing can be happen anywhere in between Aug end to mid sept 23.

1 Like

Hi. NWML shares have not come to demat but in my NSDL statement, I’m able to see full alloted qty without price quote.

1 Like

Price would start showing up on the day of listing.

So the stocks have been alloted for Nuvama but the price discovery would happen on the day of listing.

1 Like

Is the price currently showing on BSE will be the actual price nearly or will be completely different experience people can put their opinions.

I am not able to see Nuvama on BSE website. How did you get this?

1 Like

we can’t see on BSE search for stock quote

just google Nuvama BSE and open BSE site link

1 Like

This is NCD price - see face value is 1000 INR. thanks!

1 Like