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
Debt FY11/12 0
Debt FY12/13 0
Debt FY13/14 Rs 10.8 Crores
Debt FY14/15 0
Debt FY15/16
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
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
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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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Software
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
Online PNL 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

Nasscom could give a projection of 6-8% for FY 2018, says Nirmal Bang; TCS to consider share buyback - International Business Times, India Edition

16 February 2017

India's $155-billion IT software services industry could post as low a growth rate of six percent in the coming financial year 2017-18 (FY 2018), according to brokerage Nirmal Bang, even as industry lobby body Nasscom deferred making growth projections ...

In A First, IT Industry Body Nasscom Defers Growth Forecast - NDTV

16 February 2017

... be as severe as the ones witnessed in February 2009 post the global financial crisis - despite which it gave a two- year growth forecast of 15 per cent CAGR (compound annual growth rate) over FY09-FY11," domestic brokerage Nirmal Bang said in a report.and more »

Sikka's 'warrior' quip: Analyst warns Infosys strife may worsen - Moneycontrol.com

14 February 2017

Sikka's 'warrior' quip: Analyst warns Infosys strife may worsen. Speaking to CNBC-TV18, Girish Pai, Head of Research at Nirmal Bang Institutional Equities, said it was clear that there is still friction between the Infosys board and the company's founders.

Hold Granules India; target of Rs 151: Nirmal Bang - Moneycontrol.com

13 February 2017

Hold Granules India; target of Rs 151: Nirmal Bang. Nirmal Bang recommended hold rating on Granules India with a target price of Rs 151 in its research report dated February 08, 2017. Like this story, share it with millions of investors on M3 ...

Buy Colgate-Palmolive (India) with a target of Rs 914 – Nirmal Bang Securities - Economic Times

13 February 2017

Nirmal Bang Securities has a buy call on Colgate-Palmolive (India) Ltd. with a target price of Rs 914. The current market price of Colgate-Palmolive (India) Ltd. is Rs 889.05 Time period given by analyst is Intra Day when Colgate-Palmolive (India) Ltd ...

Union Budget 2017-2018 Review: Nirmal Bang - Moneycontrol.com

02 February 2017

Union Budget 2017-2018 Review: Nirmal Bang. Finance Minister has presented half budget for FY17-18 which will be followed by major changes in Indirect Tax law with GST getting implemented from 1st July 2017. Hence, FM has tweaked indirect tax ...and more »