
About Bang Equity Broking Private Limited
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Bang Equity Broking Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 15 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64491MH1997PTC110690. Its GSTIN is 27AAACB9961E1ZL (Maharashtra).
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹2.34 Cr. It is led by directors including Kishore Mishrilal Bang (Managing Director) and Vijaykumar Sanwarmal Bagaria.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2 302 Marathon Innova Ganpatrao Kadam Marg Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.22 Lakh, a decline of 96.62% compared to the previous year.
Court records list 31 cases involving the company, including 4 filed by the company and 27 filed against it; 1 case is pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹89.4 Lakh; the latest was in January 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirmalbang.com.
Company details
Contact details
Bang Equity Broking Private Limited's registered office is in Mumbai, Maharashtra. Its website is nirmalbang.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 2 302 Marathon Innova Ganpatrao Kadam Marg Peninsula Corporate Park Lower Parel (W, ), Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Bang Equity Broking Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
Bang Equity Broking operates primarily in the financial and insurance service sector. One business activity is registered with the MCA.
| Main activity group | Business activity | Share of turnover |
|---|---|---|
| Financial and insurance Service | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Bang Equity Broking Private Limited, buy the company report.
Financials of Bang Equity Broking Private Limited
FY 2025 filings availableBang Equity Broking Private Limited reported revenue of ₹10.22 Lakh (down 96.62% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96.62% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| Total Revenue | ₹10.22 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Bang Equity Broking Private Limited, buy the company report.
Board of directors of Bang Equity Broking Private Limited
Bang Equity Broking has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Sanwarmal Bagaria | Director | 23 Oct 2007 | 19 Years 0 Months | Current |
| Dilip Bang Mishrilal Also directs: Bang Securities Private Limited, Nirmal Bang Wealth Private Limited, Mindset Securities Private Limited and 1 more | Director | 15 Sep 1997 | 29 Years 1 Months | Current |
| Kishore Mishrilal Bang Also directs: Bang Securities Private Limited, Nirmal Bang Insurance Broking Private Limited, Nirmal Bang Wealth Private Limited and 2 more | Managing Director | 15 Sep 1997 | 29 Years 1 Months | Current |
Auditor
Bang Equity Broking Private Limited is audited by V.B.GOEL & CO. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.B.GOEL & CO. | FY 2021 | 115906W |
Shareholding
The shareholding of Bang Equity Broking Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bang Equity Broking Private Limited, buy the company report.
Deals & funding
Bang Equity Broking Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹89.4 Lakh; the latest was in January 2025.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Nirmal Bang Securities Private Limited |
| Mar 2024 | Funding round | ₹89.4 Lakh | Investors: Mindset Securities Private Limited , Bang Securities Private Limited , 2 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Rockhard Tech Solutions Private Limited , Bang Securities Private Limited Seller: an individual |
| Jun 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mumbadevi Finance & Investment Private Limited, Oriental Industrial Resources Limited, Nouveau Global Ventures Limited , an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Rockhard Tech Solutions Private Limited Seller: 3 individuals |
To see the full deal history of Bang Equity Broking Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bang Equity Broking Private Limited has 31 court cases on record: 4 filed by Bang Equity Broking, 27 filed against it. 1 case is pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 23 | 0 |
| High courts | 3 | 2 | 1 |
| Supreme Court | 3 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 4 1 1 Mumbai and 2 others | Pending |
| Supreme Court | Appeal | Filed against the company by Assistant Commissioner of Income Tax Circle 4(1)(1) Mumbai | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by an individual | Disposed |
To see the full case history of Bang Equity Broking Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Bang Equity Broking Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| V.B. Goel & Co |
To see the full MSME payment records of Bang Equity Broking Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Bang Equity Broking has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB9961E1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bang Equity Broking Private Limited, buy the company report.
Recent activity
Bang Equity Broking Private Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Ajay Gunvant Karia ceased to be Director on 10 Jul 2015.
News
Frequently asked questions
Bang Equity Broking is an active private limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 15 September 1997 (29+ years old) and is registered under CIN U64491MH1997PTC110690.
Bang Equity Broking has 3 current directors:
- Kishore Mishrilal Bang - Managing Director
- Vijaykumar Sanwarmal Bagaria - Director
- Dilip Bang Mishrilal - Director
The latest financial statements of Bang Equity Broking on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bang Equity Broking is 27AAACB9961E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bang Equity Broking is U64491MH1997PTC110690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bang Equity Broking has 31 court cases on record: 4 filed by the company and 27 filed against it. 1 is pending. Most are in the district courts.
Bang Equity Broking was incorporated on 15 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Bang Equity Broking has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹89.4 Lakh; the latest was in January 2025.
Ajay Gunvant Karia ceased to be Director on 10 Jul 2015. Kishore Mishrilal Bang ceased to be Director on 21 Jul 2014. Vijaykumar Sanwarmal Bagaria was appointed as Director on 23 Oct 2007. Bang Equity Broking has 5 board changes on record in total.
Bang Equity Broking has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 01 May 2024.
Bang Equity Broking can be reached through the website nirmalbang.com. Its registered office is in Mumbai, Maharashtra, India.

