IndiaNivesh Ltd, established in May 1931, is engaged in investing and financing activities, stressed asset management, and consultancy services. The company has positioned itself as a significant player in the investment market with a diverse clientele, including government entities, institutional investors, and corporate clients. However, during FY 2016-17, its investment business was demerged into IndiaNivesh Financial Advisors Limited.
In 2018-19, IndiaNivesh closed its Portfolio Management Services (PMS) due to Covid-19 related market volatility, affecting 190 clients with a portfolio size of Rs 60 crore. Additionally, broking clients experienced payout delays because of operational challenges during the pandemic. Despite these setbacks, IndiaNivesh's extensive client base reflects its established presence in the financial services sector.
