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MONARCH NETWORTH CAPITAL LTD Complaints

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Complaint against MONARCH NETWORTH CAPITAL LTD Broker

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

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

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

MONARCH NETWORTH CAPITAL LTD Complaints

Exchange Financial Year Total Complaints Active Clients
BSE 2023-24 3 17,778
NSE 2023-24 6 58,113
BSE 2022-23 3 16,654
NSE 2022-23 7 55,152
BSE 2021-22 2 14,577
NSE 2021-22 9 58,574
BSE 2020-21 1 13,771
NSE 2020-21 23 54,680
BSE 2019-20 3 13,689
NSE 2019-20 26 51,480
NSE 2018-19 21 48,784
BSE 2017-18 4 26,335
NSE 2017-18 23 54,858
BSE 2016-17 3 23,531
NSE 2016-17 32 45,555
BSE 2015-16 1 13,269

MONARCH NETWORTH CAPITAL LTD complaint at NSE

2023-242022-232021-22
Active Clients581135515258574
Complaints679
Resolved through the exchange656
Non actionable013
Advised / Opted for arbitration000
Pending for redressal with exchange010
No. of arbitration filed by clients01
Decided by arbitrators in favour of the clients01
Decided by the arbitrators01
Pending for redressal with arbitrators00

MONARCH NETWORTH CAPITAL LTD complaint at BSE

2023-242022-232021-22
Active Clients177781665414577
Complaints332
Resolved through the exchange232
Non actionable031
Advised / Opted for arbitration000
Pending for redressal with exchange100
No. of arbitration filed by clients010
Decided by arbitrators in favour of the clients010
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. Padmanabha   I Like It. |Report Abuse|  Link|September 15, 2020 9:48:52 AMReply
Traders on Monarch networth capital needs to be very careful and keep control on their stocks since the Monarch Intsta trading software has issues and many a times does not update the stock quantities. Another major issue is with their Global profit loss statement derived from techexcel software wherein the cost and quantity position of stocks are supposed to be updated daily. This does not happen resulting in wrong cost position against stocks and trader may end up in losses if he picks cost from here while trading on day to day basis. Please be careful.
1. Prabhakar   I Like It. |Report Abuse|  Link|May 18, 2018 12:36:28 PMReply
It's almost 2 months over since I joined in your network by investing 50,000 INR and right now I have only 36,777 INR in my account with total loss as you have appointed a person to be in charge since I am new to this but total loss, around 13K of my money completely wasted and I called them today to ask for payout and close the account, They said ok we will do it, really very worst service I ever had.