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
Profit after Tax FY 16/17 Rs 1.5 Crores
Debt FY11/12 0
Debt FY12/13 0
Debt FY13/14 Rs 10.8 Crores
Debt FY14/15 0
Debt FY15/16 0
Debt FY 16/17 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)
Profit to Equity(%) FY16/17 3
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
Balance Sheet Size FY16/17 Rs 91.6 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 in December. 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
Active clients - 2017 90,699
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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
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
Brokerage Calculator
Margin Calculator
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Convenience

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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

Consumer demand, GST to help FMCG firms; valuations to remain high: Experts - Business Standard

19 August 2018

So, FMCG valuation would continue to remain high,” says Sunil Jain, head of research at Nirmal Bang Securities. Firstly, the overall consumer demand is improving, more importantly from the hinterland. It was also palpable in the June 2018 quarter ...

Gold Rate Today: Gold, silver trade mixed in morning deals - Economic Times

17 August 2018

Holdings of the largest silver-backed exchange-traded-fund(ETF), New York's iShares Silver Trust SLV, stood at 10236.28 up 58.50 tonnes, from the previous business day. Nirmal Bang Securities in its daily report says, "We expect prices to trade ...and more »

Share market update: Nifty Pharma among top sectoral gainers; Cadila surges 4% - Economic Times

17 August 2018

Nirmal Bang is positive on Aurobindo Pharma with a target price of Rs 764. Cadila Healthcare (up 3.94 per cent) was the top gainer in the index, followed by Aurobindo Pharma (up 3.07 per cent), Lupin (up 2.39 per cent) and Glenmark Pharmaceuticals (up ...and more »

RBI rejects tool used for Kotak stake dilution - Economic Times

14 August 2018

“Kotak can say that they will engage with the regulator but approving this instrument later after rejecting it now would put the RBI's credibility under the scanner,” said Manish Ostwal, senior analyst at Nirmal Bang Securities. “This rejection will ...and more »

Rupee crosses 70 in a first; are exporters a sound bet? - Economic Times

14 August 2018

Nirmal Bang is positive on Aurobindo Pharma with a target price of Rs 764. Elara Capital recommended IPCA Labs with a target price of Rs 860. It's also bullish on NIIT with a target price of Rs 138. “NIIT has transformed its revenue profile from an ...and more »