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Nuvama Financial Services
The plan was established in 1941 to serve eligible employees of Givaudan Fragrances Corporation. It operates as a defined-benefit vehicle that pays...
Overview
The plan was established in 1941 to serve eligible employees of Givaudan Fragrances Corporation. It operates as a defined-benefit vehicle that pays retirement, disability, and death benefits. Assets include the TenSteps Office Project in Kharadi, Pune, valued at $119 million, the Porur Office Campus in Chennai valued at $287 million, and the Saket District Centre Asset in New Delhi. These holdings sit inside the Prime Offices Fund, a joint venture with Cushman & Wakefield. Geographic exposure spans the United States and India. Total assets stand at $250 million. The plan maintains membership in FINRA, the National Stock Exchange of India, and BSE Limited. A recent operational event occurred in June 2025 when the firm sponsored the Nuvama Specialty Chemicals and Healthcare Conference in Mumbai. Ownership of operating subsidiaries such as Nuvama Wealth Finance Limited and Nuvama Asset Management Limited runs through Nuvama Wealth Management Limited, creating a hybrid structure that combines pension administration with listed financial services activities.
General information
Firm type
Pension Fund
Year founded
1941
Location
Region
North America
Country
United States
City
Mount Olive
Corporate office
300 Waterloo Valley Road, Mount Olive, NJ, United States
Sector focus
Frequently asked questions
Who runs investment decisions at the plan?
Investment decisions rest with the plan administrator. No named CIO or external manager is disclosed in available records.
Does the plan participate in fund commitments or only direct deals?
The plan holds direct real estate assets through the Prime Offices Fund joint venture and maintains a 100 percent stake in Nuvama Wealth Management Limited.
How is the plan related to Nuvama Wealth Management Limited?
Nuvama Financial Services Inc. holds 100 percent of Nuvama Wealth Management Limited, which in turn owns asset management and finance subsidiaries.
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