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

Google trend over time

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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
Coding/Backtesting
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Online Trade Reports
Online PNL Reports
Online Contract Notes
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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

Aurobindo Pharma gets US FDA nod for generic heartburn drug - Livemint

17 October 2017

However, others cautioned that gaining market share in the OTC segment may take time. “While the OTC products market is less crowded, it takes time for companies to ramp up, said Vishal Manchanda, analyst at Nirmal Bang Securities. “Aurobindo may take ...and more »

MCX launches commodity options trading with gold on Dhanteras - Economic Times

17 October 2017

After the successful launch of gold options, Nirmal Bang Commodities said, “We hope more commodities option launch to be in line. Like in Brazil: Shortly after the inception of commodity options in US in 1982, BM&FBOVESPA launched options trading in ...

ETMarkets Evening podcast: Should you still continue to buy in this market? - Economic Times

16 October 2017

Nirav Chheda of Nirmal Bang Securities gives you a lowdown on the F&O market. Byte 2: Nirav Chheda Nifty formed a Strong Bullish Candle on the daily chart and decisively broke out of its three-month-old channel. The index is making higher top and ...and more »

Indian baba steals sleep of MNCs! Branding blitz to disrupt market - Economic Times

14 October 2017

This could pose a challenge to most FMCG players, which are defending their turf by launching ayurvedic products, brokerage Nirmal Bang Institutional Equities said in a note. Patanjali meets 'Bharat' Patanjali has almost become a 'fad', reaching nearly ...

Expect flattish earnings growth in next 3 yrs for TCS: Girish Pai, Nirmal Bang Institutional Equities - Economic Times

13 October 2017

Talking to ET Now, Girish Pai, Nirmal Bang Institutional Equities , says the dollar revenue growth for TCS will be in the mid-single digits for next few years. Edited excerpts: Just trying to figure out what the market is going to read into TCS's ...and more »

Expect constant currency revenue growth of 2.5% on QoQ basis for TCS: Nirmal Bang - Moneycontrol.com

12 October 2017

Tata Consultancy Services (TCS) will be reporting its Q2 FY18 earnings today. Subdued quarter expected. Cross currency revenue growth seen at 1.5-2 percent. In an interview to CNBC-TV18, Girish Pai, Head of Research at Nirmal Bang Institutional ...