COMPARE

Nirmal Bang vs Mandot Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Nirmal Bang vs Mandot Securities here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Nirmal Bang and Mandot Securities.

Background

Year of Incorporation 1996 2014
Website https://www.nirmalbang.com/ https://www.mandotsecurities.com/
Phone 022-3826 8600 0731-6620000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX BSE, NSE, MCX
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.02% for Intraday, 0.2% for Delivery 0.1% – 0.2% for Delivery & 0.01% – 0.02% for Intraday
Equity Futures 0.02% of Turnover 0.01% – 0.02%
Equity Options Rs 35/lot Rs.10 – Rs. 20 per Lot
Currency Futures 0.02% of Turnover 0.01% – 0.02%
Currency Options Rs 20/lot Rs.10 – Rs. 20 per Lot
Commodity 0.01% of Turnover Not Available
Account Opening Costs

Trading only NA Rs. 299
Trading & Demat NIL Rs. 299
Commodity NIL Not Available
Transparency & other costs

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

Equity 0.0039% of Turnover 0.0002% of Total Turnover
Futures 0.0024% of Turnover 0.0020% of Total Turnover
Options 0.057% of Premium Turnover 0.0012% of Total Turnover
Commodities 0.0025% of Turnover Not Available
AMC charge Rs 250/month Rs 240 per Annum
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction Zero
Offline order placing Charge NIL Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN 7 Days
End of Day 5 Years on ODIN 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times for Intraday, upto 4 times for Delivery @interest Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures Upto 4 times Intraday Upto 3x
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday Upto 4x
Currency Futures Upto 3 times Intraday Upto 4x
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday Upto 3x
Commodity Upto 3times Intraday Not Available
Support & Tools

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

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
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 Rs 60.42 Lakhs
Profit after Tax FY12/13 Rs 12.4 Crores Rs 62.67 Lakhs
Profit after Tax FY13/14 Rs 4.2 Crores Rs 65.29 Lakhs
Profit after Tax FY 14/15 Rs 2.37 Crores Rs 67.58 Lakhs
Profit after Tax FY 15/16 Rs 4.99 Crores Rs 69.93 Lakhs
Profit after Tax FY 16/17 Rs 5.73 Crores Rs 72.45 Lakhs
Profit after Tax FY 17/18 Rs 6.00 Crores Rs 75.60 Lakhs
Profit after Tax FY 18/19 Rs 7.69 Crores Rs 77.81 Lakhs
Profit after Tax FY 19/20 Rs 7.70 Crores Rs 82.47 Lakhs
Profit after Tax FY 20/21 Rs 9.18 Crores Rs 79.63 Lakhs
Profit after Tax FY 21/22 Rs 10.87 Crores Rs 82.62 Lakhs
Profit after Tax FY 22/23 Rs 10.53 Crores Rs 85.38 Lakhs
Debt FY11/12 Rs 26.11 Crores Rs 10.27 Lakhs
Debt FY12/13 Rs 24.88 Crores Rs 12.42 Lakhs
Debt FY13/14 Rs 29.63 Crores Rs 12.55 Lakhs
Debt FY14/15 Rs 28.17 Crores Rs 13.72 Lakhs
Debt FY15/16 Rs 23.31 Crores Rs 15.75 Lakhs
Debt FY16/17 Rs 23.31 Crores Rs 18.31 Lakhs
Debt FY17/18 Rs 24.77 Crores Rs 19.24 Lakhs
Debt FY18/19 Rs 31.61 Crores Rs 22.68 Lakhs
Debt FY19/20 Rs 31.61 Crores Rs 25.82 Lakhs
Debt FY20/21 Rs 32.85 Crores Rs 28.33 Lakhs
Debt FY21/22 Rs 35.53 Crores Rs 32.29 Lakhs
Debt FY22/23 Rs 35.53 Crores Rs 32.72 Lakhs
Profit to Equity(%) FY11/12 8.54 10.21%
Profit to Equity(%) FY12/13 7.63 12.24%
Profit to Equity(%) FY13/14 11.44 10.88%
Profit to Equity(%) FY14/15 11.54 12.35%
Profit to Equity(%) FY15/16 11.15 14.69%
Profit to Equity(%) FY16/17 10.77 14.75%
Profit to Equity(%) FY17/18 13.53 15.98%
Profit to Equity(%) FY18/19 13.53 16.45%
Profit to Equity(%) FY19/20 14.08 17.21%
Profit to Equity(%) FY20/21 16.72 18.12%
Profit to Equity(%) FY21/22 19.10 18.78%
Profit to Equity(%) FY22/23 19.10 16.19%
Balance Sheet Size FY11/12 Rs 86.6 Crores Rs 349.37 Crores
Balance Sheet Size FY12/13 Rs 93.5 Crores Rs 388.74 Crores
Balance Sheet Size FY13/14 Rs 85.8 Crores Rs 400.07 Crores
Balance Sheet Size FY14/15 Rs 67.96 Crores Rs 442.54 Crores
Balance Sheet Size FY15/16 Rs 67.99 Crores Rs 499.85 Crores
Balance Sheet Size FY16/17 Rs 57.95 Crores Rs 529.37 Crores
Balance Sheet Size FY17/18 Rs 70.74 Crores Rs 549.66 Crores
Balance Sheet Size FY18/19 Rs 74.82 Crores Rs 567.25 Crores
Balance Sheet Size FY19/20 Rs 72.42 Crores Rs 588.48 Crores
Balance Sheet Size FY20/21 Rs 91.92 Crores Rs 649.37 Crores
Balance Sheet Size FY21/22 Rs 91.92 Crores Rs 668.11 Crores
Balance Sheet Size FY22/23 Rs 92.02 Crores Rs 692.36 Crores

Comparison Link:

Compare Nirmal Bang Compare Mandot Securities
Nirmal Bang Vs Lemonn Mandot Securities Vs Lemonn
Nirmal Bang Vs HDFC Sky Mandot Securities Vs HDFC Sky
Nirmal Bang Vs Dhan Mandot Securities Vs Dhan
Nirmal Bang Vs Goodwill Wealth Mandot Securities Vs Goodwill Wealth
Nirmal Bang Vs Shoonya by Finvasia Mandot Securities Vs Shoonya by Finvasia
Nirmal Bang Vs NJ Wealth Mandot Securities Vs NJ Wealth
Nirmal Bang Vs Paytm Money Mandot Securities Vs Paytm Money
Nirmal Bang Vs Goldmine Stocks Mandot Securities Vs Goldmine Stocks
Nirmal Bang Vs Globe Capital Mandot Securities Vs Globe Capital
Nirmal Bang Vs Finvasia Mandot Securities Vs Finvasia
Nirmal Bang Vs Coimbatore Capital Mandot Securities Vs Coimbatore Capital
Nirmal Bang Vs Cholamandalam Securities Mandot Securities Vs Cholamandalam Securities
Nirmal Bang Vs Choice Equity Broking Mandot Securities Vs Choice Equity Broking
Nirmal Bang Vs Canara Bank Mandot Securities Vs Canara Bank
Nirmal Bang Vs Bonanza Portfolio Mandot Securities Vs Bonanza Portfolio
Nirmal Bang Vs Bezel Stock Brokers Mandot Securities Vs Bezel Stock Brokers
Nirmal Bang Vs Beeline Broking Mandot Securities Vs Beeline Broking
Nirmal Bang Vs Bansal Finstock Mandot Securities Vs Bansal Finstock
Nirmal Bang Vs Axis Direct Mandot Securities Vs Axis Direct
Nirmal Bang Vs ASE Capital Markets Mandot Securities Vs ASE Capital Markets
Nirmal Bang Vs Arihant Capital Mandot Securities Vs Arihant Capital
Nirmal Bang Vs Alice Blue Mandot Securities Vs Alice Blue
Nirmal Bang Vs 5Paisa Mandot Securities Vs 5Paisa
Nirmal Bang Vs M.stock Mandot Securities Vs M.stock
Nirmal Bang Vs WisdomCapital Mandot Securities Vs WisdomCapital
Nirmal Bang Vs Way2wealth Mandot Securities Vs Way2wealth
Nirmal Bang Vs Ventura Securities Mandot Securities Vs Ventura Securities
Nirmal Bang Vs Navia Markets Ltd Mandot Securities Vs Navia Markets Ltd
Nirmal Bang Vs Tradejini Mandot Securities Vs Tradejini
Nirmal Bang Vs Tata Securities Mandot Securities Vs Tata Securities
Nirmal Bang Vs Swastika Investmart Mandot Securities Vs Swastika Investmart
Nirmal Bang Vs SMC Global Mandot Securities Vs SMC Global
Nirmal Bang Vs SBICAP Securities Mandot Securities Vs SBICAP Securities
Nirmal Bang Vs SASOnline Mandot Securities Vs SASOnline
Nirmal Bang Vs Samco securities Mandot Securities Vs Samco securities
Nirmal Bang Vs RK Global Mandot Securities Vs RK Global
Nirmal Bang Vs Reliance Securities Mandot Securities Vs Reliance Securities
Nirmal Bang Vs Master Trust Capital Mandot Securities Vs Master Trust Capital
Nirmal Bang Vs Kotak Securities Mandot Securities Vs Kotak Securities
Nirmal Bang Vs Interactive Brokers Mandot Securities Vs Interactive Brokers
Nirmal Bang Vs IIFL Securities Mandot Securities Vs IIFL Securities
Nirmal Bang Vs Dhani Mandot Securities Vs Dhani
Nirmal Bang Vs IDBI Capital Mandot Securities Vs IDBI Capital
Nirmal Bang Vs HDFC Securities Mandot Securities Vs HDFC Securities
Nirmal Bang Vs Geojit Mandot Securities Vs Geojit
Nirmal Bang Vs Fyers Securities Mandot Securities Vs Fyers Securities
Nirmal Bang Vs Edelweiss Capital Mandot Securities Vs Edelweiss Capital
Nirmal Bang Vs Easytradez Mandot Securities Vs Easytradez
Nirmal Bang Vs Rupeezy Mandot Securities Vs Rupeezy
Nirmal Bang Vs Anand Rathi Mandot Securities Vs Anand Rathi
Nirmal Bang Vs Aditya Birla Money Mandot Securities Vs Aditya Birla Money
Nirmal Bang Vs Achiievers Mandot Securities Vs Achiievers
Nirmal Bang Vs A C Choksi Mandot Securities Vs A C Choksi
Nirmal Bang Vs Angel Broking Mandot Securities Vs Angel Broking
Nirmal Bang Vs Motilal Oswal Mandot Securities Vs Motilal Oswal
Nirmal Bang Vs ICICI Direct Mandot Securities Vs ICICI Direct
Nirmal Bang Vs Sharekhan Mandot Securities Vs Sharekhan
Nirmal Bang Vs Groww Mandot Securities Vs Groww
Nirmal Bang Vs Tradesmart Online Mandot Securities Vs Tradesmart Online
Nirmal Bang Vs Upstox Mandot Securities Vs Upstox
Nirmal Bang Vs Zerodha Mandot Securities Vs Zerodha

Frequently Asked Questions

Is Nirmal Bang better than Mandot Securities ?

Nirmal Bang and Mandot Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Mandot Securities better than Nirmal Bang ?

Nirmal Bang and Mandot Securities are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Nirmal Bang cheaper than Mandot Securities ?

Nirmal Bang and Mandot Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Mandot Securities cheaper than Nirmal Bang ?

Nirmal Bang and Mandot Securities are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Nirmal Bang vs. Mandot Securities ?

To find out the better of the two stockbrokers Nirmal Bang and Mandot Securities, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.