About Nirmal Bang
Nirmal Bang is a Financial Services company based in Mumbai (India) founded in 1986. Financial services including stock broking, mutual funds, and commodity trading in India. Nirmal Bang has raised $4.3 million across 1 funding round. The company has 788 employees. Its website nirmalbang.com draws about 264 thousand monthly visits. Its Indian entity Nirmal Bang Securities Private Limited reported revenue of ₹347 Cr. Nirmal Bang offers products and services including Equity Trading and Mutual Funds. Its focus areas include Finance, Investment Services, Stock Broking and Online Trading Platforms.
Company details
Nirmal Bang is identified as a broking firm that offers online share trading and related financial services in the Indian stock market. Equity, derivatives, forex, commodity trading, and depository services are managed through its platforms, while research in equity, commodities, and mutual funds is provided to assist investors. Institutional broking and loan against securities are also facilitated, with operations supported by various awards and a network of branches across India. The companys focus is on thorough analysis and client support to enhance investment outcomes.
- Headquarters Mumbai, India
- Employees 788
- SectorsFinancial Services
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Nirmal Bang Securities Private Limited
- Date of Incorporation 12 Sep, 1997
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹347 Cr
FY 2022 · +35% YoY
- Net Profit₹76.77 Cr
FY 2022 · 22% margin
- EBITDA₹99.72 Cr
FY 2022 · 29% margin
- Total Equity Funding$4.3M (USD)
in 1 rounds
- Latest Funding Round$4.3M (USD), Seed
Oct 2009
- Employee Count788
Associated legal entities of Nirmal Bang
Nirmal Bang operates through Nirmal Bang Securities Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nirmal Bang Securities Private Limited CIN U99999MH1997PTC110659 | Active | 12 Sep 1997 | Mumbai, Maharashtra | ₹347 Cr | 788 | 6 | View details |
Products & Services of Nirmal Bang
Nirmal Bang offers a comprehensive portfolio of products and services, including Equity Trading and Mutual Funds.
Trading in equities and derivatives is facilitated through online platforms
Services for mutual funds, including updates, NAV tracking, and fund analysis, are provided
Apps and channels of Nirmal Bang
its YouTube channel Nirmal Bang has 43 subscribers and 30 videos.
Videos from Nirmal Bang
The most watched videos on Nirmal Bang's YouTube channel, Nirmal Bang (43 subscribers). Click a video to play it here.
More on Nirmal Bang.
Funding Insights of Nirmal Bang
Nirmal Bang has successfully raised a total of $4.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.3 million completed in October 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.3M
- Total Rounds 1
- Last Round Seed — $4.3M
- First Round $4.3M
(Oct 2009)
All 1 funding rounds of Nirmal Bang with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2009 | $4.3M | Seed | – | – | – |
Board of directors of Nirmal Bang Securities Private Limited (Nirmal Bang)
Nirmal Bang Securities Private Limited is the primary company behind Nirmal Bang. The board of Nirmal Bang Securities Private Limited currently have 5 directors; the longest-serving is Dilip Mishrilal Bang, appointed in 1997. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dilip Mishrilal Bang DIN 00797818 | Managing Director | 12 Sep 1997 | 29 yrs 1 mo | Nirmal Bang Securities Private Limited |
| Samir Pranlal Kamdar DIN 01242937 | Whole-time director | 15 Nov 1997 | 28 yrs 11 mo | Nirmal Bang Securities Private Limited |
| Kishore Mishrilal Bang DIN 00797781 | Managing Director | 11 May 2007 | 19 yrs 5 mo | Nirmal Bang Securities Private Limited |
| Rakesh Premchand Bhandari DIN 01167387 | Director | 25 Apr 2013 | 13 yrs 6 mo | Nirmal Bang Securities Private Limited |
| Sunil Hanumanmal Jain DIN 02203030 | Director | 25 Apr 2013 | 13 yrs 6 mo | Nirmal Bang Securities Private Limited |
People of Nirmal Bang
64 people are tracked at Nirmal Bang (17 in leadership, 47 in team); the tracked headcount is 788.
| Name | Role | Group |
|---|---|---|
Rahul Arora | CEO | Leadership |
Deepak Agarwal | Head- Business Development | Leadership |
Bhadresh Desai | Vice President - Admin & Human Resources | Leadership |
Arif Ali | Area Head Commodities | Leadership |
Sandeep Ranjan | Regional Head | Leadership |
Sushil Shrimal | Regional Head - Rajasthan | Leadership |
Ravi Jagtiani | Head Sales Trading And Dealing | Leadership |
Singh Saurabh | National Sales Head - TPD | Leadership |
Kapil Parkar | Asst. Vice President - NBFC | Leadership |
Abhishek Khanvilkar | Assistant To Vice President | Leadership |
Rimku Singh | Business Partner | Leadership |
Sheetal Mane | Hr, Admin Head | Leadership |
Kunal Shah | Head Of Commodities Research | Leadership |
Jignesh Shah | Head Depository Services | Leadership |
Amit Mehta | Head Information Technology Infrastructure & Cloud | Leadership |
| Director | Leadership | |
Sunil Jaggarwal | Business Partner | Leadership |
Jairam Shetkar | AVP - Business Development | Team |
Aniket Khanolkar | Manager- IE Sales | Team |
Ravi D'Souza | Sr Research Analyst -commodities | Team |
44 more people are available in the full profile.
Complete people profiles for Nirmal Bang
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Financials of Nirmal Bang
Figures of Nirmal Bang Securities Private Limited, the primary company behind Nirmal Bang, for FY 2022. Revenue was ₹347 Cr (+35% year on year). Net profit was ₹76.77 Cr (22% margin). EBITDA was ₹99.72 Cr (29% margin). Revenue has grown at a compounded annual rate of +29% over three years and +17% over five years.
- ₹347 CrRevenue · FY 2022 · +35% YoY
- ₹76.77 CrNet profit · 22% margin
- ₹99.72 CrEBITDA · 29% margin
- ₹27.43 CrPaid-up capital
- 788Employees (provident fund records)
- +29%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nirmal Bang Securities Private Limited are on its company page.
Detailed financial statements for Nirmal Bang
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Nirmal Bang
2 dated milestones of Nirmal Bang across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Nirmal Bang is founded.
- Funding First funding round of $4.3M.
Web traffic of Nirmal Bang
The website of Nirmal Bang (nirmalbang.com) receives about 264.3K visits a month and ranks #126,851 among all websites worldwide, #7,952 in Investing.
- Monthly visits264.3K
▼ 34.9% vs previous month
- Unique visitors108.9K
per month
- Global rank#126,851
among all websites
- Category rank#7,952
Finance · Investing
- Bounce rate43%
- Pages per visit3.0
- Average visit4 min 53 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Nirmal Bang. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
geojitbnpparibas.com | geojitbnpparibas.com | 100% | – | ||
| kotaksecurities.com | 98% | 4.1M | #12,156 | View details | |
| marwadionline.com | 98% | 57.4K | #374,706 | View details | |
| sharekhan.com | 94% | 1.4M | #24,380 | View details | |
| nseindia.com | 90% | 19.9M | #2,783 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Nirmal Bang
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Related news about Nirmal Bang
Complete news archive for Nirmal Bang
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Frequently Asked Questions about Nirmal Bang
Nirmal Bang was founded in 1986 and raised its 1st funding round 23 years after it was founded.
Nirmal Bang is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nirmal Bang is a funded company, having raised a total of $4.3M across 1 funding round to date. The company's 1st funding round was a Seed of $4.3M, raised on Oct 2009.
Nirmal Bang has 788 employees.
The primary company behind Nirmal Bang, Nirmal Bang Securities Private Limited, reported revenue of ₹347 Cr for FY 2022, up 35% year on year.
Nirmal Bang is identified as a broking firm that offers online share trading and related financial services in the Indian stock market. Equity, derivatives, forex, commodity trading, and depository services are managed through its platforms, while research in equity, commodities, and mutual funds is provided to assist investors. Institutional broking and loan against securities are also facilitated, with operations supported by various awards and a network of branches across India. The companys focus is on thorough analysis and client support to enhance investment outcomes.
Nirmal Bang offers Equity Trading and Mutual Funds.
Nirmal Bang operates through Nirmal Bang Securities Private Limited.
The legal entities of Nirmal Bang currently have 6 directors, including Rakesh Premchand Bhandari, Samir Pranlal Kamdar, Kishore Mishrilal Bang and others.
The website of Nirmal Bang receives about 264 thousand visits a month and ranks #126,851 among all websites worldwide.