IPO Guru
Nirmal Bang

Nirmal Bang

🏅 Ranked #1 on IPO Guru
SEBI Registered RA
25 Mainboard

Total Reviews

25

All time

Apply Rate

100%

of all calls

Win Rate

70%

Apply calls with +ve listing

Avg Listing Gain

+21.9%

on apply/may apply calls

Avg Total Gain

+50.5%

on apply/may apply calls

75 Score / 100
✅ Reliable Analyst

Performance Dashboard

Very accurate recommendations with good profit history.

Based on 25 reviews in the last 12 months.

How is this calculated?

Accuracy

96%

Return Quality

100%

Consistency

65%

Horizon

56%

⚠️ Disclaimer: Past results are not guaranteed for future. This score reflects the last 1 year only. Use for research purposes only.

Verdict Breakdown (All Time)

Apply 25 (100%)
Bharat Coking Coal

🏆 Best Call

Bharat Coking Coal

Verdict: Apply

+95.7%

Listing gain

Waterways Leisure Tourism

📉 Worst Call

Waterways Leisure Tourism

Verdict: Apply

-14.6%

Listing gain

Review History

Track record of Nirmal Bang

IPO Name Verdict Total Gain Report
Rentomojo
Rentomojo
Apply PDF
Glass Wall Systems (India)
Glass Wall Systems (India)
Apply PDF
ESDS Software Solution
ESDS Software Solution
Apply +305.7% PDF
Symbiotec Pharmalab
Symbiotec Pharmalab
Apply +14.9% PDF
Augmont Enterprises
Augmont Enterprises
Apply +11.9% PDF
Gaja Alternative Asset Management
Gaja Alternative Asset Management
Apply -5.0% PDF
Lalithaa Jewellery Mart
Lalithaa Jewellery Mart
Apply +68.3% PDF
Shiprocket
Shiprocket
Apply +38.1% PDF
Dhoot Transmission
Dhoot Transmission
Apply +98.5% PDF
Indo-MIM
Indo-MIM
Apply +108.9% PDF
Caliber Mining & Logistics
Caliber Mining & Logistics
Apply +11.3% PDF
SBI Funds Management
SBI Funds Management
Apply -5.0% PDF
Kusumgar
Kusumgar
Apply +35.6% PDF
Knack packaging
Knack packaging
Apply +7.7% PDF
Waterways Leisure Tourism
Waterways Leisure Tourism
Apply -86.0% PDF
Central Mine Planning & Design Institute
Central Mine Planning & Design Institute
Apply +24.6% PDF
Amagi Media Labs
Amagi Media Labs
Apply +60.7% PDF
Bharat Coking Coal
Bharat Coking Coal
Apply +43.8% PDF
ICICI Prudential AMC
ICICI Prudential AMC
Apply +40.4%
Park Medi World
Park Medi World
Apply +72.8% PDF

Frequently Asked Questions

Is Nirmal Bang SEBI registered?

Yes, Nirmal Bang is a SEBI registered Research Analyst. SEBI registration means the analyst is regulated by the Securities and Exchange Board of India and authorised to publish investment research.

How many IPO reviews has Nirmal Bang given?

Nirmal Bang has reviewed 25 IPOs in total. The apply rate across all calls is 100%.

What is Nirmal Bang's IPO recommendation win rate?

Nirmal Bang has a 70% win rate — 70% of their Apply calls resulted in a positive listing gain on the NSE/BSE. The average listing gain on Apply calls is +21.9%.

What is Nirmal Bang's performance score on IPO Guru?

Nirmal Bang holds a performance score of 75/100 (✅ Reliable Analyst), ranking #1 among all analysts tracked on IPO Guru. The score is based on accuracy, return quality, consistency, and horizon over the last 12 months.

Where can I read Nirmal Bang's IPO recommendations?

All IPO reviews by Nirmal Bang are listed on this page. You can filter by the last 12 months or all-time, and view the verdict (Apply / May Apply / Neutral / Avoid) alongside the actual listing and current gains for each IPO.