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DBFS SECURITIES LTD Complaints

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Complaint against DBFS SECURITIES LTD Broker

DBFS SECURITIES LTD brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the DBFS SECURITIES LTD customers. The DBFS SECURITIES LTD complaints report analyzes the DBFS SECURITIES LTD online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against DBFS SECURITIES LTD broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The DBFS SECURITIES LTD complaint no. report also provides DBFS SECURITIES LTD’s number of active clients. This shows the growth of the broker year on year.

DBFS SECURITIES LTD Complaints

Exchange Financial Year Total Complaints Active Clients
NSE 2021-22 2 8,016
NSE 2020-21 3 7,456
BSE 2019-20 1 1,849
NSE 2019-20 7 9,153
NSE 2018-19 3 8,050
BSE 2017-18 2 2,937
NSE 2017-18 11 11,321
BSE 2016-17 1 2,633
NSE 2016-17 5 10,239
NSE 2015-16 3 8,708
BSE 2014-15 1 1,222
NSE 2014-15 6 10,082
BSE 2013-14 3 14,509
NSE 2013-14 3 8,854
NSE 2012-13 6 32,564
BSE 2011-12 3 8,176
NSE 2011-12 2 29,023

DBFS SECURITIES LTD complaint at NSE

2021-222020-212019-20
Active Clients801674569153
Complaints237
Resolved through the exchange226
Non actionable001
Advised / Opted for arbitration000
Pending for redressal with exchange010
No. of arbitration filed by clients
Decided by arbitrators in favour of the clients
Decided by the arbitrators
Pending for redressal with arbitrators

DBFS SECURITIES LTD complaint at BSE

2019-202017-182016-17
Active Clients184929372633
Complaints121
Resolved through the exchange121
Non actionable000
Advised / Opted for arbitration010
Pending for redressal with exchange000
No. of arbitration filed by clients000
Decided by arbitrators in favour of the clients000
Decided by the arbitrators000
Pending for redressal with arbitrators000

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

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2 Comments

2. Rakesh   I Like It. | Report Abuse |   Link | Jun 7, 2021 4:55:46 PM Reply
One of the Fraud Stock Broker in India, their customer support & Higher management always mislead you and won't provide resolution to any concern. Very arrogant management and doesn't bother about their client this is the main reason they are loosing their customer instead other are adding.
I am not getting any contract notes, ledger summary, transactions reports since OCT,2020 but still their were not able to resolve the issue and even not responding to emails. Even their Website(https://www.dbfsindia.com/contact.html) showing wrong contact numbers which never connected and client need to scold their management and their management too are sending worst response to client which show HUGE FRAUD service.
I have contacted with Jenson P J(Head- Business & NBFC operations, DBFS) , Johnkutty James(GM & Company Secretary) & Mr. Gibi(who is managing Bangalore Branch) but not a single proper response from DBFM team since OCT,2020.

SEBI has to take strict action against these type f FRAUD BROKERS and their management.

I never recommend anyone to open their Demat account with DBFS.
1. channayya   I Like It. | Report Abuse |   Link | Sep 27, 2018 2:05:24 PM Reply
very big frad campani and karnataka reginal hed G B mativ is so lair frod