Nirmal Bang Nirmal Bang



Background Icon
Background

Avg rating

Your rating

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
Financial Health Icon
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

Avg rating

Your rating

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
Online Presence
Online Presence

Google trend over time

Active clients Icon
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.

Avg rating

Your rating

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
Brokerage Icon
Brokerage

Avg rating

Your rating

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
Account Opening Costs Icon
Account Opening Costs

Avg rating

Your rating

Trading only NA
Trading & Demat Nil
Commodity Nil
Transparency & other costs Icon
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Avg rating

Your rating

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
Platforms Icon
Platforms

Avg rating

Your rating

Software
Web/HTML 5
Mobile
Charting Icon
Charting

Avg rating

Your rating

Intraday 5 Days on ODIN
End of Day 5 Years on ODIN
Coding/Backtesting
Reporting Icon
Reporting

Avg rating

Your rating

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins Icon
Margins

Leverage Provided

Avg rating

Your rating

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
Support & Tools Icon
Support & Tools

Avg rating

Your rating

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience Icon
Convenience

Avg rating

Your rating

3 in 1 Account
Instant Fund withdrawal
Relationship Managers

Reviews on Nirmal Bang

Avg rating

Your rating

NEWS ON NIRMAL BANG

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

22 October 2018

“We expect prices to trade range bound to higher for the day, as Asian shares fell amid rising political tensions and worries over slowing global economic growth,” Nirmal Bang Commodities said in a report. 0Comments. Read more on. Gold · gold rate today.and more »

Dalal Street gives thumbs down to Mindtree - Economic Times

20 October 2018

“Post September quarter results, we have lowered our EPS estimates by 7% for FY 2020 and 8% for FY 2021 largely driven by lower-than-previously expected dollar revenues and also lower margins” said Girish Pai, head of research, Nirmal Bang Equities.

Breaking Down Infosys' Earnings - Bloomberg

17 October 2018

Girish Pai, head of research and IT services analyst at Nirmal Bang Institutional Equities, discusses Infosys' second quarter earnings on "Bloomberg Markets: Asia." (Source: Bloomberg). More From Bloomberg Markets · 08:16. We'll Be in a Solid Place ...

Infosys gains 2% ahead of Q2 results; what experts say - Economic Times

16 October 2018

NEW DELHI: Shares of Infosys climbed 2 per cent in Tuesday's trade ahead of the IT major's second quarter results. All eyes will be on any revision in revenue growth guidance for FY19, outlook on BFSI space, performance of digital vertical and upward ...and more »

Be cautious in these 3 sectors: Girish Pai, Nirmal Bang Institutional Equities - Economic Times

16 October 2018

It is better to be cautious on domestic focused stocks, the consumption oriented stocks or even the financials focused on retail lending, Girish Pai, Head of Research, Nirmal Bang Institutional Equities, tells ET Now. Edited excerpts: What should we ...