About Nirmal Bang Wealth Private Limited
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Nirmal Bang Wealth Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2016PTC280580. Its GSTIN is 27AAACB2269D1Z0 (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Nirmal Bang Finvest Private Limited and Nirmal Bang Wealth Solutions Private Limited. It is led by directors Dilip Bang Mishrilal and Kishore Mishrilal Bang.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 201 Second Flr Khandelwal House Poddar Road Malad East, Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.89 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹52.7 Lakh (net margin 3.8%) and EBITDA of ₹98.77 Lakh (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 38% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
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
Name history
Nirmal Bang Wealth has undergone 5 name changes throughout its history. The current legal name is Nirmal Bang Wealth Private Limited.
| Company Name | Status |
|---|---|
| Nirmal Bang Wealth Private Limited | Current |
| Nirmal Bang Finvest Private Limited | Previous |
| Nirmal Bang Wealth Solutions Private Limited | Previous |
| Nirmal Bang Solutions Private Limited | Previous |
| Buckfast Financial Advisory Services Private Limited | Previous |
Contact details
Nirmal Bang Wealth 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
- Social Media
- Apps
- Registered Address201 Second Flr Khandelwal House Poddar Road Malad East, Mumbai, Maharashtra, India – 400097
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Nirmal Bang Wealth 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
The main business activity of Nirmal Bang Wealth is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nirmal Bang Wealth Private Limited, buy the company report.
Financials of Nirmal Bang Wealth Private Limited
FY 2025 filings availableNirmal Bang Wealth Private Limited reported revenue of ₹13.89 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 25% growth in the latest year. EBITDA rose 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹98.77 Lakh | ||||
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| Net Profit (PAT) | ₹52.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 3.8% | ||||
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To see the full financial statements and ratios of Nirmal Bang Wealth Private Limited, buy the company report.
Board of directors of Nirmal Bang Wealth Private Limited
Nirmal Bang Wealth 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, Bang Securities Private Limited, Mindset Securities Private Limited and 1 more | Director | 03 May 2016 | 10 Years 6 Months | Current |
| Kishore Mishrilal Bang Also directs: Bang Equity Broking Private Limited, Bang Securities Private Limited, Nirmal Bang Insurance Broking Private Limited and 2 more | Director | 03 May 2016 | 10 Years 6 Months | Current |
Auditor
Nirmal Bang Wealth Private Limited is audited by KOSHAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KOSHAL & ASSOCIATES | FY 2023 | 121233W |
Shareholding
The shareholding of Nirmal Bang Wealth 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 Nirmal Bang Wealth Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nirmal Bang Wealth Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirmal Bang Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirmal Bang Wealth Private Limited has a workforce of 43 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Nirmal Bang Wealth has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB2269D1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 27AAGCB7050E1ZV | Maharashtra | Active | 01 Jul 2017 |
| 19AAGCB7050E1ZS | West Bengal | Active | 08 Sep 2017 |
To see the full GST registrations and return filing status of Nirmal Bang Wealth Private Limited, buy the company report.
Recent activity
Nirmal Bang Wealth Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Dilip Bang Mishrilal was appointed as Director on 03 May 2016.
News
Frequently asked questions
Nirmal Bang Wealth is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 May 2016 (10+ years old) and is registered under CIN U67100MH2016PTC280580.
Nirmal Bang Wealth has 2 current directors:
- Dilip Bang Mishrilal - Director
- Kishore Mishrilal Bang - Director
The latest financial statements of Nirmal Bang Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Nirmal Bang Wealth is 27AAACB2269D1Z0, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAGCB7050E1ZV (Maharashtra), 19AAGCB7050E1ZS (West Bengal).
The CIN (Corporate Identification Number) of Nirmal Bang Wealth is U67100MH2016PTC280580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmal Bang Wealth was incorporated on 03 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Dilip Bang Mishrilal was appointed as Director on 03 May 2016. Kishore Mishrilal Bang was appointed as Director on 03 May 2016.
Nirmal Bang Wealth can be reached through the website nirmalbang.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nirmal Bang Wealth is at 201 Second Flr Khandelwal House Poddar Road Malad East, Mumbai, Maharashtra, India – 400097.
Nirmal Bang Wealth operates in the financial services industry, in the diversified financial services segment.
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