About Nirmal Bang Equities Private Limited
Data last updated: 11 January 2026
Nirmal Bang Equities Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nirmal Bang Securities Private Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 16 March 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN U67120MH1995PTC086575.
Capital: an authorised share capital of ₹38 Cr and a paid-up capital of ₹37.8 Cr. Formerly known as Sovereign Securities Private Limited. It is led by directors including Kishorkumar Luxminarayan Agrawal and Bhadresh Arvindlal Desai.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.8 Cr, a decline of 43.21% compared to the previous year.
The company has a workforce of approximately 23 employees as per the latest available data. It operates as a subsidiary of Nirmal Bang Securities Private Limited.
As per MCA filings, the company has open charges of ₹17.5 Cr on record.
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.
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Registered AddressB – 2 301 3Rd Floor Marathon Innova Off. Ganpatrao Kadam Marg Lower Parel (, West), Mumbai, Maharashtra, India – 400013
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Nirmal Bang Equities Private Limited
Nirmal Bang Equities Private Limited operates primarily in the financial and insurance service sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Financial Advisory, brokerage and Consultancy Services | Locked |
| Locked | Financial and insurance Service | Locked | Financial Advisory, brokerage and Consultancy Services | Locked |
Detailed business activity records for Nirmal Bang Equities Private Limited
Activity codes and turnover contribution percentages require an active report plan.
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- Detailed activity codes
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Auditor Details of Nirmal Bang Equities Private Limited
Nirmal Bang Equities Private Limited is audited by V.B .GOEL & CO. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| V.B .GOEL & CO. | Locked | Locked | Locked |
Complete auditor history for Nirmal Bang Equities Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Nirmal Bang Equities Private Limited
Nirmal Bang Equities Private Limited is currently managed by 4 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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Kishorkumar Luxminarayan Agrawal
Also directs:
First Step Knowledge Llp
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Whole-Time Director | 04 Aug 2020 | 5 Years 11 Months | Current |
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Bhadresh Arvindlal Desai
Also directs:
Nirmal Bang Financial Services Private Limited
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Director | 24 Mar 2014 | 12 Years 3 Months | Current |
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Deepak Purshottamlal Agarwal
Also directs:
Nirmal Bang Financial Services Private Limited
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Director | 19 Jan 2009 | 17 Years 6 Months | Current |
| Hem Dilip Bang | Additional Director | 29 Sep 2025 | 0 Years 9 Months | Current |
Financials of Nirmal Bang Equities Private Limited FY 2025 filings available
Nirmal Bang Equities Private Limited reported revenue of ₹11.8 Cr (down 43.21% YoY) for FY 2023.
Ten-year financial statements for Nirmal Bang Equities Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Nirmal Bang Equities Private Limited
Shareholding and ownership data for Nirmal Bang Equities Private Limited
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Charges & Borrowings of Nirmal Bang Equities Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2021 | Axis Bank Limited | ₹17.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Nirmal Bang Equities Private Limited
Nirmal Bang Equities Private Limited has a workforce of 23 employees as of Apr 08, 2024.
Employee and EPFO history for Nirmal Bang Equities Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Nirmal Bang Equities Private Limited
GST registrations and filing compliance for Nirmal Bang Equities Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nirmal Bang Equities Private Limited
Credit ratings, litigation, and regulatory alerts for Nirmal Bang Equities Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Nirmal Bang Equities Private Limited
MSME payment history for Nirmal Bang Equities Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
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Subsidiaries & Group Companies of Nirmal Bang Equities Private Limited
Corporate group structure for Nirmal Bang Equities Private Limited
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MCA Filings & Documents of Nirmal Bang Equities Private Limited
MCA filings and documents for Nirmal Bang Equities Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Nirmal Bang Equities Private Limited
Recent News on Nirmal Bang Equities Private Limited
Frequently Asked Questions about Nirmal Bang Equities Private Limited
Nirmal Bang Equities Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 16 March 1995 (31+ years old) and is registered under CIN U67120MH1995PTC086575. The company has 23 employees.
Nirmal Bang Equities Private Limited reported revenue of ₹11.8 Cr for FY 2023 (down 43.21% YoY).
The current directors of Nirmal Bang Equities Private Limited are:
- Kishorkumar Luxminarayan Agrawal - Whole-Time Director
- Bhadresh Arvindlal Desai - Director
- Deepak Purshottamlal Agarwal - Director
- Hem Dilip Bang - Additional Director
The primary industry of Nirmal Bang Equities Private Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Nirmal Bang Equities Private Limited can be reached at the registered office: B – 2 301 3Rd Floor Marathon Innova Off. Ganpatrao Kadam Marg Lower Parel , West, Mumbai, Maharashtra, India – 400013, or through the website nirmalbang.com.
The authorised capital is ₹38 Cr, and the paid-up capital is ₹37.8 Cr.