About Bang Securities Private Limited
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Bang Securities 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 23 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PTC084038.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹83.57 Lakh. It is led by directors Dilip Bang Mishrilal and Kishore Mishrilal Bang.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. 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 ₹7.07 Cr, a decline of 60.06% compared to the previous year.
As per MCA filings, the company has open charges of ₹16 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 2 cases are pending. The company has 13 deals on record (13 secondary share transfers); the latest was in January 2025. Its 3 peer companies in the BFSI industry (NBFC), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 1 smaller; the largest is Credright Finance Private Limited with revenue of ₹91.56 Cr.
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 Securities 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 Wes, T, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Bang Securities 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 Securities 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 | Other financial activities |
To see the full business activity and turnover split of Bang Securities Private Limited, buy the company report.
Financials of Bang Securities Private Limited
FY 2024 filings availableBang Securities Private Limited reported revenue of ₹7.07 Cr (down 60.06% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 60.06% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| Total Revenue | ₹7.07 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Bang Securities Private Limited, buy the company report.
Board of directors of Bang Securities Private Limited
Bang Securities has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Bang Mishrilal Also directs: Bang Equity Broking Private Limited, Nirmal Bang Wealth Private Limited, Mindset Securities Private Limited and 1 more | Director | 23 Dec 1994 | 31 Years 10 Months | Current |
| Kishore Mishrilal Bang Also directs: Bang Equity Broking Private Limited, Nirmal Bang Insurance Broking Private Limited, Nirmal Bang Wealth Private Limited and 2 more | Director | 01 Aug 2002 | 24 Years 2 Months | Current |
Peer comparison
Bang Securities Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Credright Finance Private Limited | ₹91.56 Cr (FY 2025) | 160.0% | Hyderabad, Telangana, India | |||
| Ratnaafin Capital Private Limited | ₹84.77 Cr (FY 2024) | 182.0% | New Delhi, Delhi, India | |||
| Premier Financial Services Private Limited | ₹81.24 Cr (FY 2022) | 110.0% | Mumbai, Maharashtra, India | |||
| Bang Securities Private Limitedthis company | ₹7.07 Cr (FY 2023) | -60.1% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bang Securities Private Limited, buy the company report.
Auditor
Bang Securities 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 Securities 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 Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2022 | 100617791 | Axis Bank Limited | ₹16 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Bang Securities Private Limited has 13 deals on record (13 secondary share transfers); the latest was in January 2025.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Secondary share transfer | Undisclosed | Seller: Ennembee Commodities Private Limited, Nirmal Bang Securities Private Limited |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: Bang Equity Broking Private Limited Seller: Rockhard Tech Solutions Private Limited |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: Mindset Securities Private Limited Seller: 2 individuals |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: Rockhard Tech Solutions Private Limited Seller: Rockhard Trading & Investment Private Limited |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Bang Equity Broking Private Limited , Ennembee Commodities Private Limited, an individual Seller: Nirmal Bang Securities Private Limited , Cognet Ventures India Limited, Overseas Capital Limited, an individual |
To see the full deal history of Bang Securities 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 Securities Private Limited has 14 court cases on record: 5 filed by Bang Securities, 9 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 2 |
| High courts | 4 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES W) | Filed against the company by an individual | Pending |
| District court, Kolhapur, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by The Asstt. Registrar of Companies | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by The Deputy Registrar of Company | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Haripatk Global Vision P. Ltd | Disposed |
To see the full case history of Bang Securities 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
No delayed payments to MSME suppliers are on our record for Bang Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bang Securities has 6 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Bang Securities Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bang Securities Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Kishore Mishrilal Bang was appointed as Director on 01 Aug 2002.
News
Frequently asked questions
Bang Securities 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 23 December 1994 (32+ years old) and is registered under CIN U65990MH1994PTC084038.
Bang Securities has 2 current directors:
- Dilip Bang Mishrilal - Director
- Kishore Mishrilal Bang - Director
The latest financial statements of Bang Securities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bang Securities is U65990MH1994PTC084038. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bang Securities has 14 court cases on record: 5 filed by the company and 9 filed against it. 2 are pending. Most are in the district courts.
Bang Securities was incorporated on 23 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Bang Securities has 13 deals on record (13 secondary share transfers); the latest was in January 2025.
The peers of Bang Securities by revenue are Credright Finance Private Limited, Ratnaafin Capital Private Limited, Premier Financial Services Private Limited, all in the BFSI industry (NBFC), with the same principal business activity (other financial activities).
Kishore Mishrilal Bang was appointed as Director on 01 Aug 2002. Dilip Bang Mishrilal was appointed as Director on 23 Dec 1994.
Bang Securities can be reached through the website nirmalbang.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bang Securities is at B – 2 302 Marathon Innova Ganpatrao Kadam Marg Peninsula Corporate Park Lower Parel Wes, T, Mumbai, Maharashtra, India – 400013.