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WEALTH MANTRA LTD Complaints

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Complaint against WEALTH MANTRA LTD Broker

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 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 Complaints

Exchange	Financial Year	Total Complaints	Active Clients
NSE	2018-19	84	1,142
BSE	2017-18	9	514
NSE	2017-18	209	2,768
NSE	2016-17	1	2,830
BSE	2015-16	1	1,135
NSE	2015-16	13	3,209
BSE	2014-15	1	23,902
NSE	2014-15	2	4,242
BSE	2012-13	1	23,169
NSE	2012-13	4	29,446
BSE	2011-12	3	22,347
NSE	2011-12	2	29,328

WEALTH MANTRA LTD complaint at NSE

	2018-19	2017-18	2016-17
Active Clients	1142	2768	2830
Complaints	84	209	1
Resolved through the exchange	7	108	1
Non actionable	77	35	0
Advised / Opted for arbitration	0	8	0
Pending for redressal with exchange	0	58	0
No. of arbitration filed by clients		0	0
Decided by arbitrators in favour of the clients		0	0
Decided by the arbitrators		0	0
Pending for redressal with arbitrators		0	0

WEALTH MANTRA LTD complaint at BSE

	2017-18	2015-16	2014-15
Active Clients	514	1135	23902
Complaints	9	1	1
Resolved through the exchange	8	1
Non actionable	0	0
Advised / Opted for arbitration	1	0
Pending for redressal with exchange	1	0
No. of arbitration filed by clients	0	0
Decided by arbitrators in favour of the clients	0	0
Decided by the arbitrators	0	0
Pending for redressal with arbitrators	0	0

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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5 Comments

5. S

| Link|June 19, 2019 7:49:58 PMReply

Hello sir can u please give me ur contact no..wil get back to..

Load more comments (1 replies)

5.2. Tajukahan

| Link|January 9, 2021 8:16:40 PM

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.

5.3. AHMAD UMAR

| Link|October 10, 2023 11:57:39 PM

how did u recover shares my shares are still unrecovered

4. Umesh thakur

| Link|December 18, 2020 1:40:17 PMReply

CI umesh thakur calling from jharjhand many share of your wealth mantra ltd , l want total shate & its vslues

4.1. AHMAD UMAR

| Link|October 10, 2023 11:54:39 PM

my shares was also in wealth mantra how to recover them

3. sachin

| Link|June 19, 2021 12:57:29 PMReply

I need ledger from wealth mantra. Anybody help on this

2. Krishna kumar Srivastava

| Link|December 29, 2019 5:13:40 AMReply

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.

2.1. Krishna Kumar Srivastava

| Link|May 28, 2021 4:12:23 PM

No action has been taken by SEBI,NSE,GOVT. NCDL til now what you done in my complaint?
What you have done in my case?
Why are you making us fool ? When you can not help us

1. RAJAN GOEL

| Link|April 1, 2019 1:45:25 PMReply

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.

1.1. anonymous

| Link|September 11, 2019 2:05:10 AM

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..

1.2. Shishir Singh

| Link|November 12, 2019 4:47:44 AM

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.