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

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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
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3 in 1 Account
Instant Fund withdrawal
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NEWS ON NIRMAL BANG

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

24 May 2018

MCX Gold futures were trading 0.21 per cent, or Rs 67 higher at Rs 31250 per 10 grams.and more »

Indian rupee may hit lifetime low, breach 70 vs US dollar - Zee Business

24 May 2018

Brokerage Nirmal Bang believes the recent depreciation of the rupee can be attributed to FPI outflows from Indian markets - both equity and debt - over the past two months. It expects the rupee to test 70 to the US dollar as the political heat rises ...

Dr. Reddy's Laboratories Limited (RDY) CEO GV Prasad on Q4 2018 Results - Earnings Call Transcript - Seeking Alpha

23 May 2018

Vishal Manchanda - Nirmal Bang. Surya Patra - PhillipCapital. Nimish Mehta - ResearchDelta Advisors. Kartik Mehta - Deutsche Bank. Saion Mukherjee - Nomura. Anmol Ganjoo - JM Financial. Alok Dalal - CLSA. Ranvir Singh - Systematix Shares & Stocks.

Buy Dishman Carbogen Amcis, target Rs 404: Nirmal Bang Institutional Equities - Economic Times

23 May 2018

Nirmal Bang Institutional Equities has a buy call on Dishman Carbogen Amcis Ltd. with a target price of Rs 404.. The current market price of Dishman Carbogen Amcis Ltd. is Rs 307.5 Time period given by the brokerage is a year when Dishman Carbogen ...

Buy Britannia Industries, target Rs 6350: Nirmal Bang Institutional Equities - Economic Times

23 May 2018

Nirmal Bang Institutional Equities has a buy call on Britannia Industries Ltd. with a target price of Rs 6350. The current market price of Britannia Industries Ltd. is Rs 5638.15. Time period given by the brokerage is Two Year when Britannia Industries ...and more »