Nirmal Bang Nirmal Bang



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Year of Incorporation 1996
Website http://www.nirmalbang.com
Phone 022-3826 8600
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL
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Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

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Profit after Tax FY11/12 - Rs 7.4 Crores
Profit after Tax FY12/13   - Rs 12.4 Crores
Profit after Tax FY13/14 - Rs 4.2 Crores
Profit after Tax FY 14/15 - Rs 2.2 Crores
Profit after Tax FY 15/16 - Rs 2.4 Crores
Debt FY11/12 0
Debt FY12/13 0
Debt FY13/14 Rs 10.8 Crores
Debt FY14/15 0
Debt FY15/16 0
Profit to Equity(%) FY11/12 (70.86)
Profit to Equity(%) FY12/13 (39.28)
Profit to Equity(%) FY13/14 (11.64)
Profit to Equity(%) FY14/15 (7)
Profit to Equity(%) FY15/16 (8)
Balance Sheet Size FY11/12 Rs 86.6 Crores
Balance Sheet Size FY12/13 Rs 93.5 Crores
Balance Sheet Size FY13/14 Rs 85.8 Crores
Balance Sheet Size FY14/15 Rs 72 Crores
Balance Sheet Size FY15/16 Rs 83 Crores
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Online Presence

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Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

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Active clients - 2013 49,797
Active clients - 2014 59,283
Active clients - 2015 61,362
Active clients - 2016 70,302
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Equity 0.02% for Intraday, 0.2% for Delivery
Equity Futures 0.02% of Turnover
Equity Options Rs 35/lot
Currency Futures 0.02% of Turnover
Currency Options Rs 20/lot
Commodity 0.01% of Turnover
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Trading only NA
Trading & Demat Nil
Commodity Nil
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Equity 0.0039% of Turnover
Futures 0.0024% of Turnover
Options 0.057% of Premium Turnover
Commodities 0.0025% of Turnover
AMC charge Rs 250/month
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction
Offline order placing Charge Nil
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Web/HTML 5
Mobile
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Intraday 5 Days on ODIN
End of Day 5 Years on ODIN
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Online Trade Reports
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Leverage Provided

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Equity Upto 10 times for Intraday, upto 4 times for Delivery @interest
Equity Futures Upto 4 times Intraday
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday
Currency Futures Upto 3 times for Intraday
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday
Commodity Upto 3 times for Intraday
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Research & Tips
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3 in 1 Account
Instant Fund withdrawal
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Reviews on Nirmal Bang

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NEWS ON NIRMAL BANG

Anger at New Tax on Modi's Home Turf Shows Why Monday Is Key ... - Bloomberg

15 December 2017

Six months after Prime Minister Narendra Modi introduced a nationwide consumption tax to make India less corrupt, evasion is creeping in. And it's happening in Modi's backyard. In pockets of the textile hub of Surat in the prime minister's home state ...and more »

ETMarkets Evening Podcast: Should you again start buying now? - Economic Times

14 December 2017

Shares of Berger Paints witnessed the biggest spike in open interest at 34.06 per cent, followed by Tata Communications and TCS. Nirav Chheda of Nirmal Bang Securities gives you a lowdown on the F&O market. Byte 2: Nirav Chheda The Nifty50 gained 59 ...

Stars of the midcap universe - Economic Times

14 December 2017

steam left. The brokerage, which has a target price of `300 on the stock, said that lower raw material price outlook favours efficient convertors like JSW Steel. 9. HPCL CMP : Rs 423.40. YTD Chg : 43.88 per cent. P/E: 9.65. Consensus Rating : 18 Buy/8 ...

400% in 4 years, 80% in 2017; this stock is on fire on profitability, sector outlook - Economic Times

14 December 2017

Net profit of the company has grown 24 per cent CAGR between FY12-17. For the year ended March 31, 2017, the company reported a net profit of Rs 2,906.39 crore against Rs 998.14 crore in 2011-12. Bottomline figures of the company stood at Rs 2,344.73 ...

Will India's Second Largest Tyremaker's Dream Run Continue? - BloombergQuint

12 December 2017

Balkrishna Industries Ltd. has surged past analyst expectations as investors bet on its industry-beating margins and an uptick in demand for off-highway tyres. Shares of India's second-largest tyremaker more than doubled this year. It's now trading at ...and more »