Founded in 1986 by Shri Nirmal Bang, the Nirmal Bang Group is recognized as one of the largest retail
broking houses in India, providing an array of financial products and services.
Our retail and institutional clients have access to products such as equities, derivatives, commodities,
currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.
Throughout our history, we have fostered one overriding purpose — to provide each client with
personal service and quality work. By adhering to this principle, we have grown to become a
successful and well-respected firm of highly qualified  professionals.
 who bring forward industry expertise,
insight and most importantly, create an environment of unmatched commitment to clients.
We are registered members of the Bombay Stock Exchange Limited (BSE), National Stock Exchange of
India Limited (NSE), Multi Commodity Exchange of India Limited (MCX), National Commodity &
Derivatives Exchange Limited (NCDEX), National Multi Commodity Exchange of India Limited (NMCE)
and MCX Stock Exchange Limited and are also depository participants of NSDL and CDSL.
Mission
“To work together with integrity and make our customers feel valued.”
Vision
“To create valuable relationships and provide the best financial services most professionally.”
Core Value
“Respect our colleagues and the business itself.”

Banking

Insurance

Retail

Trading & Exchanges

Nirmal Bang

Nirmal Bang's headquarters in Mumbai, India

Rahul Arora

Singh Saurabh

Dhinakar Harinath

Sandeep Ranjan

Bhadresh Desai

The Business Development Team at Nirmal Bang is dedicated to expanding the company's client base and enhancing relationships with existing clients. They focus on identifying new business opportunities within financial products and services, fostering strategic partnerships, and driving sales growth. By combining market insights and client feedback, they aim to continuously improve service offerings and ensure clients receive exceptional value in their financial dealings.

Business Development Team

The Equity Research Team at Nirmal Bang is dedicated to analyzing and evaluating market trends, companies, and financial instruments to provide insightful recommendations for both retail and institutional clients. This team conducts in-depth research, prepares detailed reports, and generates actionable investment strategies, ensuring clients receive expert guidance tailored to their financial goals. With a focus on integrity and personalized service, the team plays a crucial role in helping clients navigate the complexities of the equity markets.

Equity Research Team

The Operations Team at Nirmal Bang is responsible for ensuring the seamless execution of all operational processes that support the company’s financial services. This includes managing daily transactions, coordinating with various departments to streamline workflow, overseeing back office functions, and ensuring compliance with regulatory standards. By fostering efficiency and maintaining high service quality, the team plays a pivotal role in enhancing client satisfaction and supporting the firm’s growth objectives.

Operations Team

The Leadership Team at Nirmal Bang is responsible for setting the strategic direction and overseeing the execution of the company's mission and vision. Comprising senior executives with expertise in administration, IT, finance, and broking services, the team focuses on fostering a culture of integrity and excellence, ensuring that client relationships are prioritized and enhanced through innovation and quality service. They play a critical role in guiding the organization’s growth and operational efficiency, aligning resources to deliver on the company’s commitment to outstanding financial services.

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Nirmal Bang

Org chart

Teams

Business Development Team

Equity Research Team

Operations Team

Leadership Team

Offices

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Nirmal Bang

Org chart

Teams

Business Development Team

Equity Research Team

Operations Team

Leadership Team

Offices

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