• +91 9718089199


Year of Incorporation 1996
Website http://www.nirmalbang.com
Phone 022-3826 8600
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 - Rs 7.4 Crores
Profit after Tax FY12/13 - Rs 12.4 Crores
Profit after Tax FY13/14 - Rs 4.2 Crores
Profit after Tax FY 14/15 NA
Debt FY11/12 NA
Debt FY12/13 NA
Debt FY13/14 Rs 10.8 Crores
Debt FY14/15 NA
Profit to Equity(%) FY11/12 (70.86)
Profit to Equity(%) FY12/13 (39.28)
Profit to Equity(%) FY13/14 (11.64)
Profit to Equity(%) FY14/15 NA
Balance Sheet Size FY11/12 Rs 86.6 Crores
Balance Sheet Size FY12/13 Rs 93.5 Crores
Balance Sheet Size FY13/14 Rs 85.8 Crores
Balance Sheet Size FY14/15 NA

Equity 0.02% for Intraday, 0.2% for Delivery
Equity Futures 0.02% of Turnover
Equity Options Rs 35/lot
Currency Futures 0.02% of Turnover
Currency Options Rs 20/lot
Commodity 0.01% of Turnover
Account Opening Costs

Trading only NA
Trading & Demat NIL
Commodity NIL
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0039% of Turnover
Futures 0.0024% of Turnover
Options 0.057% of Premium Turnover
Commodities 0.0025% of Turnover
AMC charge Rs 250/month
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction
Offline order placing Charge NIL

Web/HTML 5

Intraday 5 Days on ODIN
End of Day 5 Years on ODIN

Online Trade Reports
Online PNL Reports
Online Contract Notes

Leverage Provided

Equity Upto 10 times for Intraday, upto 4 times for Delivery @interest
Equity Futures Upto 4 times Intraday
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday
Currency Futures Upto 3 times Intraday
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday
Commodity Upto 3times Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
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