Nirmal Bang Securities Profile
Key Indicators
- Authorised Capital ₹ 28.50 Cr
- Paid Up Capital ₹ 27.43 Cr
- Company Age 27 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 827.00 Cr
- Satisfied Charges ₹ 148.53 Cr
- Revenue Growth -5.20%
- Profit Growth -26.78%
- Ebitda -14.24%
- Net Worth 11.11%
- Total Assets -3.40%
About Nirmal Bang Securities
Nirmal Bang Securities Private Limited (NBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 September 1997 and has a history of 27 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 28.50 Cr and a paid-up capital of Rs 27.43 Cr.
The company currently has active open charges totaling ₹827.00 Cr. The company has closed loans amounting to ₹148.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nirmal Bang Securities Private Limited India is Namrata Pai as COMPANY SECRETARY. Kishore Bang, Dilip Mishrilal, Rakesh Bhandari, and Two other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U99999MH1997PTC110659
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Company No.
110659
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
12 Sep 1997
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Date of AGM
20 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Nirmal Bang Securities Private Limited offer?
Nirmal Bang Securities Private Limited offers a wide range of products and services, including Stock Trading/Money Market, Share Trading Services, Currency Trading Services, Commodities Trading Service, Business Auditing & Valuation, Foreign Exchange, Project Management, Application Portfolio Management Services.
Who are the key members and board of directors at Nirmal Bang Securities?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kishore Bang
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Managing Director | 11-May-2007 | Current |
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Dilip Mishrilal
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Managing Director | 12-Sep-1997 | Current |
| Namrata Pai | Company Secretary | 02-Jun-2012 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sunil Jain
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Director | 25-Apr-2013 | Current |
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Rakesh Bhandari
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Director | 25-Apr-2013 | Current |
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Sameer Pranlal
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Whole-Time Director | 15-Nov-1997 | Current |
Financial Performance of Nirmal Bang Securities.
Nirmal Bang Securities Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.2% decrease. The company also saw a substantial fall in profitability, with a 26.78% decrease in profit. The company's net worth Soared by an impressive increase of 11.11%.
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What is the Ownership and Shareholding Structure of Nirmal Bang Securities?
In 2023, Nirmal Bang Securities had a promoter holding of 36.45% and a public holding of 63.55%. The company had 2 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Bang Equity Broking Private LimitedKishore Bang and Dilip Mishrilal are mutual person
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Bang Securities Private Limited
Kishore Bang and Dilip Mishrilal are mutual person
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Nirmal Bang Insurance Broking Private Limited
Kishore Bang and Rakesh Bhandari are mutual person
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Nirmal Bang Niveshalaya Private Limited
Kishore Bang and Dilip Mishrilal are mutual person
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Nirmal Bang Equities Private Limited
Namrata Pai is a mutual person
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Mindset Securities Private LimitedKishore Bang and Dilip Mishrilal are mutual person
Charges (Loans)
₹827.00 Cr
₹148.53 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 681.00 Cr
- Others : 105.00 Cr
- State Bank Of India : 41.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2024 | Others | ₹40.00 Cr | Open |
| 06 Feb 2024 | State Bank Of India | ₹1.00 Cr | Open |
| 27 Mar 2023 | Others | ₹65.00 Cr | Open |
| 29 Sep 2022 | Axis Bank Limited | ₹16.00 Cr | Open |
| 31 Jul 2021 | Axis Bank Limited | ₹75.00 Cr | Open |
How Many Employees Work at Nirmal Bang Securities?
Nirmal Bang Securities has a workforce of 788 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nirmal Bang Securities, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nirmal Bang Securities's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
