WEALTH MANTRA LTD Consumer Complaints

Complaint against WEALTH MANTRA LTD Broker

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

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

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

WEALTH MANTRA LTD Consumer Complaints

Exchange Financial Year Number of Clients   ? Total Complaints  ? %
NSE 2018-19 1,142 84 7.36%
BSE 2017-18 514 9 1.75%
NSE 2017-18 2,768 209 7.55%
NSE 2016-17 2,830 1 0.04%
BSE 2015-16 1,135 1 0.09%
NSE 2015-16 3,209 13 0.41%
BSE 2014-15 23,902 1 0%
NSE 2014-15 4,242 2 0.05%
BSE 2012-13 23,169 1 0%
NSE 2012-13 29,446 4 0.01%
BSE 2011-12 22,347 3 0.01%
NSE 2011-12 29,328 2 0.01%

WEALTH MANTRA LTD complaint at NSE

2018-192017-182016-17
Defaulter Yes/NoYes (Expelled)NoNo
No. of clients at the beginning of the year
No. of active clients114227682830
No. of complaints received *842091
Resolved through the exchange71081
Non actionable **77350
Advised / Opted for arbitration080
Pending for redressal with exchange0580
No. of arbitration filed by clients00
Decided by arbitrators in favour of the clients00
Decided by the arbitrators00
Pending for redressal with arbitrators00
% of No. of complaints as against No. of active clients7.550.03
% of complaints resolved as against complaints received10072.24100

WEALTH MANTRA LTD complaint at BSE

2017-182015-162014-15
Defaulter Yes/NoNoNo
No. of clients at the beginning of the year2468324214
No. of active clients514113523902
No. of complaints received *911
Resolved through the exchange81
Non actionable **00
Advised / Opted for arbitration10
Pending for redressal with exchange10
No. of arbitration filed by clients00
Decided by arbitrators in favour of the clients00
Decided by the arbitrators00
Pending for redressal with arbitrators00
% of No. of complaints as against No. of active clients1.750.09
% of complaints resolved as against complaints received88.89100

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

Contact WEALTH MANTRA LTD

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4 Comments

S
4. S  Jun 19, 2019 19:49 I Like It. | Report Abuse Reply 0
Hello sir can u please give me ur contact no..wil get back to..
Alok khetan
4.1. Alok khetan  Sep 29, 2019 19:24 I Like It. | Report Abuse 0
Brokerage for feb.2018 and Rs. 100000/- as security deposit not recd. till this date and time .pl ask for payment.
Tajukahan
4.2. Tajukahan  Jan 9, 2021 20:16 I Like It. | Report Abuse 0
Mantara customer care number 7OO4972O38...Brokerage for feb.2018 and Rs. 100000/- as security deposit not recd. till this date and time .pl ask for payment.
Umesh thakur
3. Umesh thakur  Dec 18, 2020 13:40 I Like It. | Report Abuse Reply 0
CI umesh thakur calling from jharjhand many share of your wealth mantra ltd , l want total shate & its vslues
Krishna kumar Srivastava
2. Krishna kumar Srivastava  Dec 29, 2019 05:13 I Like It. | Report Abuse Reply 0
Sir , Mr. Sanjeev Agarwal expelled share broker cheated me. He sold my valuable shares amounting about 31 lacs without my permission changing my phone number and email address .I lodged complaints as per SEBI guidelines but there is no fruitful result from anywhere. CDSL has has not done any Enquiry in my fraud case. NSE not considering my case saying shares hve not sold by you. My trading cofe is 21449 and dmat account is 313136. I am 75 years old and are not in any situation to go to court against wealthmantra and Sanjeev Agarwal
pl. sujest and help me.
RAJAN GOEL
1. RAJAN GOEL  Apr 1, 2019 13:45 I Like It. | Report Abuse Reply 0
My Demat account number in WEALTH MANTRA LIMITED is 103105& client id is 244869. in my demat ,there were several shares & in September 2017, on 07-09-2017, i have sold 2000 number of shares of INDIA BULLS Ventures through your Lucknow office & that day the rate of share was Rs. 243 approx. which made my total payment Rs. 486000 . my account was saved by wealth mantra limited but none of the amount generated through the sell of shares ,was transferred in my account . Being DEPUTY COMMISSIONER( Food) , I have been transferred to Bareilly division of U.P. in April 2018, hence i could not persue day to day with office of wealth mantra ltd. at Lucknow. I had made so many phone calls at 0522-4051768/0522-4051771/0522-4051764/0522-4051715 but improper response until May 2018 & afterthat no response atall. I got feared & RUSHED TO Lucknow & astonishingly came to know that there was a big seal, may be that of Government authorities,at the office premises of WMLimited. Wealth Mantra cheated me hugely. i am appealing to repay all my money withheld by the broking company. if my grievance redressal is not done within 15 days , i will take legal action necessary.
anonymous
1.1. anonymous  Sep 11, 2019 02:05 I Like It. | Report Abuse 0
they are frauds.. they have looted many and done frauds with a lot of people. The MD Sanjeev Agarwal is in jail since more than a month. Hope the justice prevails and he gets punishment for all hsi wrong doings..
Shishir Singh
1.2. Shishir Singh  Nov 12, 2019 04:47 I Like It. | Report Abuse 0
Sir, Lodge FIR against Directors of Wealth Mantra. This includes name of M.D Sanjeev Agrawal and his family members Beena Agrawal, Sunita Agrawal. Write to SEBI, Ministry of Coporate Affairs, PMO.








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