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Indiabulls Ventures Limited

Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. ISL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F... Know more about Indiabulls Ventures Limited

Indiabulls Stock Broker Review Ratings

42 votes  Rate Indiabulls

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.3 stars Rated 3.5 stars Rated 3.2 stars Rated 3.8 stars Rated 3.1 stars
56. gaurav  Mar 1, 2008 6:10:44 PM IST Reply
indiabulls people in varanasi have very bad manner. they have no responsebility for their costumers.they even talk with people like animal. they are
55. Raj Shah  Feb 16, 2008 5:56:17 PM IST Reply
Try online trading platform of Networth Stock Broking , after all service is matter and if proper service is concern , I will suggest Networth Stock Broking for online trading
54. Aras  Feb 14, 2008 10:44:54 PM IST Reply
Indiabulls charges as follows:

Intraday Equity 0.02% + Service Tax + STT + etc... on each buy and sell sides

If you buy and sell shares of worth 1 Crore(50 lakhs buy side + 50 lakhs sell side), then you will pay Rs 4,500 in brokerage fee along with other charges.

Delivery Equity 0.20% + Service Tax + STT + etc... on each buy and sell sides

If you buy and sell shares of worth 1 Crore(50 lakhs buy side + 50 lakhs sell side), then you will pay Rs 45,000 in brokerage fee along with other charges.

Intraday & Delivery for Options is 2.5% of (number of options * value of the option) + Service Tax + STT + etc... on each buy and sell sides

If you buy and sell options of worth 1 Crore(50 lakhs buy side + 50 lakhs sell side), then you will pay Rs 2,89,750 (yes it is close to 3 lakhs) in brokerage fee along with other charges.

It is toooooooooooooo expensive when compared to Reliance and R.K. Global.
53. Gaurav  Feb 12, 2008 12:58:19 PM IST Reply
This is in regards to the shameless responses given to me from the to be said Managers of your company (in a particular branch).
I would like to seriously complain about two people who have made my experience with Indiabulls (pathetic would be the right word to describe).
Mr. Anjan Das and Mr. Abdul (who are supposedly the RM and the BM as told to me).
Anjan Das is a pathetic employee of the branch and is never in his senses. I don't know how he gets his work done daily.
Mr. Abdul whom I interacted with today the first time as I did not wanted to interact with Anjan Das was a shameless person and without even listening to what I have to say was so busy in making me shut my mouth and listen only to him and his irrelevant talks.

I would be glad If India Bulls takes these comments seriously which would be good for their business to grow and not deteriorate, these 2 people should be immediately replaced with some good customer handling skills people.
"I myself have refused 10 of my friends not to open accounts in India Bulls and have given them other options like Shri Parasram, India Infoline and Reliance".
If you do not want me to continue this kind of feedback to be shared with my friends, I require some action from your end to replace the two people from your Branch.

Mr. Anjan Das
Mr. Abdul

Noida, Sec - 18, Ocean Complex.
52. RAMESH SHETTY  Feb 3, 2008 4:31:28 PM IST Reply
I opend trading a/c with reliance money. its good, cheap.
but problem is they dont have people in their company.
they dont have proper system engineer. their portfolio systems is not working for the last 6 month. if you click on my portfolio. message comes- new portfolio is coming soon -( its there for 6 month still soon)
if you call their helpline center - you will never get line. if u try 10 times then you may get then online.
once they sold some of my stocks which i bought for long term investments. i didnt place sell order . their reply to this problem was system error!!!!!!!!!!
now i got one more problem. i had 5 units of reliance gold traded eqty fund. now in my demat it shows 4 whom to ask now. its system error or systematic error?

its all because they charge you 1 paisa per trade.
its better you pay more and get good service. there is no one who can take responsiblity and reply you . if you email they will never bother to reply you.

worst is that even after these all things happend non of then say even sorry. they dont care how much you loose.

so better think before opening new account dear friends.


51. kishore  Feb 3, 2008 2:29:34 PM IST Reply
for india bulls managers......treat the people politely...they open the account in yours company because they trust u..if u did not help the people in opening acoount or in trading then how can yours company grow....and appoint good and qualified rpm...not like mithun sarkar in cp it
50. SANJ  Feb 3, 2008 2:23:23 PM IST Reply
your.rpm mithun sarkar in cp branch is big looser.......crack mind man .......why did u appoint such peoples who did not know how to help the people in opening the account ...they spoiled the name and frame of india bulls.......
49. sanjay  Jan 29, 2008 11:08:32 PM IST Reply
Indiabulls is BIG s-h-i-t,
i opened an account with them. Later i came to know all promises were marketing gimmick and false. RM was appointed but every now and then i got some excuse and i was not able to trade. and when i received my statement of account i saw that my money which i had deposited with them for trading was not available. then rm was not picking up my call. i vsisited their office but no help n the contrary thier way of dealing with customer is not at all polite(after opening an account). i worte tons of letter but no body bothered to reply9 not even from (Mumbai), then finally i threatened for legal action and sent registered letters to diff. branches, after that( nearly 2 years) i received my moeny and that also they had deducted some charges. in the end i have received my money. but for indiabulls My answer is NO
48. Preetha Rajalakshmi  Jan 29, 2008 7:02:20 PM IST Reply
HDFC SECURITIES IS DEAD SLOW N POOR IN CUSTOMER RESPONSE in ginvind Demat account opening services. I applied for ademat account 2 months back. The account was not opened for me and I called them 100 times and none of the authorities bothered to give me response or a call back............very very poor. Its been 10 days since I have started lodging customer complaints and I lodge atleast 10 complaints per day n still no response
47. Rishi  Jan 22, 2008 7:29:30 PM IST Reply
hi i want to know how safe is online trading.. do i need any specific software for online trading .. as in to see the market's ups and downs...
46. Karthik.V  Jan 22, 2008 6:11:56 PM IST Reply
Hi , I would like to open a DEMAT and Trading account.Please tell me how the brokerage is charged and whoch one I can take ...Cos I could see many comments on different brokers like Reliance money , share khan, icicdirect etc...what are the merits and de merits ...Any experienced guy , help me in this

45. Rajendra  Jan 18, 2008 3:00:11 PM IST Reply
The best brokerage I found till date. Providing very efficient trading terminal and offer competitive brokerage. The Relationship Manager is contactable for any queries. Share and Money transfer is smooth.
Great ... Keep it up ...
44. Amit Garg  Jan 8, 2008 12:26:11 PM IST Reply
Hi, Can anyone advise if there is any limit on the number of Trading account under one PAN number with different brokerage house.

43. Madhav Bhatia  Jan 6, 2008 9:50:44 PM IST Reply
I have come to know that India buls & some of the other Brokerage houses are giving loans for IPO with just 5 to 10% as Margin amt.

ie. we can apply for 1 cr. ipo with investment of 5 L and loan of 95 L.

Can you / any one advice if they have usede such facalities and how the things have worked for them, and is it benefitial particularly in the case of reliance Power IPO.
42. A Kumar  Jan 5, 2008 12:15:28 AM IST Reply
41. CHALAPATHIRAO sunkara  Dec 31, 2007 9:42:22 PM IST Reply
My deemet account is open but now till i didnot received any mail from indiabulls.
I recieved my pswd by courier but didnot recvd my ID,
please immedeate mail me.

40. braja bandhu behera,advocate &consultant  Dec 25, 2007 7:17:53 PM IST Reply
If you are new in stock market,then take admission in best Stock Market training School INDIABULLS SECURITIES LIMITED,who will teach and guide you properly, first they will ask to blindly sign on Client-Member Agreement,DP Opening Agreement and Self manufactured Power of Attorney Form,then after they will ask the client to transfer shares to the DP Account and deposit sufficient Cash Margin,then after they will stop issuing Delivery Instruction Slip Book,Inter Depository Slip Book,DP transaction statement,contract note and statement of account,then after few days against their false and fabricated loss bill and loan from Indiabulls Financial services, Indiabulls will take away entire shares and cash.
If you will complain against them to SEBI,NSE,BSE and CDSL then they will simply advise to go for Arbitration as per the wish of Indiabulls even the Arbitrator will appoint as per the choice of Indiabulls.
I hope by this time you fully matured and trained.In this way Indiabulls cheated and looted lacs of innocent clients.Can you just imagine five years back Sameer,Rajiv and others started Indiabulls by investing few lakhs rupees,today what they claim their assets are more than RUPEES FOURTEEN THOUSAND CRORES AND THEIR SHARE HOLDERS ARE LNMITTAL it is because of looting lacs of clients including me.
Ofcourse it is not their fault we are living in such a democratic country,the entire law favours the looteras and cheators,otherwise I wrote thousands of letters to Mr. Damodaran,mr. P.Chidambaram and Dr. Man Mohan Singh under copy to Members of Parliament,but so far no action.Indiabulls are worst than Harshad Mehata,Ketan Parekh and Dinesh dalmia.
As per the information of SEBI out of 15 complaints SEBI received 12 are against Indiabulls ,even then no action. SEBI though a quasi judicial body but do not have time to think of innocent crores of investors,Mr. damodaran is a Media Sabby beaurcrat,he has no time to think of the problem of investors.SEBI ACT being enacted in the Parliament in order to protect the interest of crores of investors,thats what the prime minister told in several occassions andseminars.The Finance Minister Mr. Chidambaram doesnot have time to protect the investors as he is very much worried for the rise of stock market,the welfare of the 900 odd stock brokers.
Let us all appeal TO the President of India to confer the highest civilian Award BHARAT RATNA TO THE PROMOTERS OF INDIABULLS.
If you are still lacking then pray Almighty to help you and come to your rescue.
Braja Bandhu Behera,Advocate Orissa High COurt
39. Gaurav Rustagi  Dec 18, 2007 7:52:16 PM IST Reply
please tell me the brokerage house which give .01 paise in intraday, .1 paise in delivery and .01 paise in F&O. ( most important online trading )
38. Raj  Dec 11, 2007 4:28:46 PM IST Reply
My Brokerage structure is

Intraday .01%
Options - the brokerage is charged on the premium ( which is a fraction of the asset price) prevailing at that time @ 2%
37. Aras  Dec 11, 2007 2:56:31 AM IST Reply
Hi Raj,

If your charges are much lower than what I mentioned here, can you please tell us your brokerage fee structure?

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