Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ("NSDL") and the Central Depository Services (India) Limited ("CDSL"). The comp... 
Aditya Birla Money brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Aditya Birla Money customers. The Aditya Birla Money consumer complaints report analyzes the Aditya Birla Money online complaint data provided by BSE and NSE. This report shows the health of the broker.
These complaints are serious grievances against Aditya Birla Money broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.
The Aditya Birla Money complaint no. report also provides Aditya Birla Money’s number of active clients. This shows the growth of the broker year on year.
| Exchange | Financial Year | Number of Clients
|
Total Complaints
|
% |
|---|---|---|---|---|
| BSE | 2020-21 | 16,293 | 2 | 0.01% |
| NSE | 2020-21 | 55,042 | 71 | 0.13% |
| BSE | 2019-20 | 16,123 | 5 | 0.03% |
| NSE | 2019-20 | 43,387 | 32 | 0.07% |
| BSE | 2018-19 | 13,754 | 4 | 0.03% |
| NSE | 2018-19 | 41,090 | 63 | 0.15% |
| BSE | 2017-18 | 24,376 | 11 | 0.05% |
| NSE | 2017-18 | 54,857 | 48 | 0.09% |
| BSE | 2016-17 | 22,921 | 8 | 0.03% |
| NSE | 2016-17 | 40,316 | 57 | 0.14% |
| BSE | 2015-16 | 23,305 | 10 | 0.04% |
| NSE | 2015-16 | 39,497 | 45 | 0.11% |
| BSE | 2014-15 | 35,612 | 13 | 0.04% |
| NSE | 2014-15 | 42,742 | 41 | 0.1% |
| BSE | 2013-14 | 228,019 | 18 | 0.01% |
| NSE | 2013-14 | 41,531 | 72 | 0.17% |
| BSE | 2012-13 | 219,163 | 23 | 0.01% |
| NSE | 2012-13 | 216,256 | 67 | 0.03% |
| BSE | 2011-12 | 205,276 | 63 | 0.03% |
| NSE | 2011-12 | 201,235 | 123 | 0.06% |
| 2020-21 | 2019-20 | 2018-19 | |
|---|---|---|---|
| Defaulter Yes/No | No | No | No |
| No. of clients at the beginning of the year | |||
| No. of active clients | 55042 | 43387 | 41090 |
| No. of complaints received * | 71 | 32 | 63 |
| Resolved through the exchange | 60 | 24 | 61 |
| Non actionable ** | 7 | 1 | 0 |
| Advised / Opted for arbitration | 0 | 1 | 0 |
| Pending for redressal with exchange | 4 | 6 | 2 |
| No. of arbitration filed by clients | 4 | 8 | 2 |
| Decided by arbitrators in favour of the clients | 3 | 8 | 2 |
| Decided by the arbitrators | 1 | 2 | 1 |
| Pending for redressal with arbitrators | 1 | 0 | 0 |
| % of No. of complaints as against No. of active clients | 0.12 | 0.07 | 0.15 |
| % of complaints resolved as against complaints received | 94.36 | 81.25 | 96.82 |
| 2020-21 | 2019-20 | 2018-19 | |
|---|---|---|---|
| Defaulter Yes/No | No | No | No |
| No. of clients at the beginning of the year | 583322 | 304824 | 290031 |
| No. of active clients | 16293 | 16123 | 13754 |
| No. of complaints received * | 2 | 5 | 4 |
| Resolved through the exchange | 1 | 5 | 4 |
| Non actionable ** | 0 | 0 | 0 |
| Advised / Opted for arbitration | 0 | 0 | 1 |
| Pending for redressal with exchange | 1 | 0 | 0 |
| No. of arbitration filed by clients | 0 | 0 | 0 |
| Decided by arbitrators in favour of the clients | 0 | 0 | 0 |
| Decided by the arbitrators | 0 | 0 | 0 |
| Pending for redressal with arbitrators | 0 | 0 | 0 |
| % of No. of complaints as against No. of active clients | 0.01 | 0.03 | 0.03 |
| % of complaints resolved as against complaints received | 50 | 100 | 100 |
Note:
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They do not respond our calls .even if you call the landline the HO in Guindy doesn't pick up the call.
When we forward the details for updation ,they will never do that . even after so many reminders they normally don't do.
They do not care for their clients.even if we visit the HO and meet in person ,things wouldn't process as we expect.
they takes their own sweet time /delay indefinitely , one day they will wake up and do it
such a worst service from ABM