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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.


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


Active Clients114227682830
Resolved through the exchange71081
Non actionable77350
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


Active Clients514113523902
Resolved through the exchange81
Non actionable00
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


  • * 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. S   I Like It. |Report Abuse|  Link|June 19, 2019 8:49:58 PMReply
Hello sir can u please give me ur contact no..wil get back to..
5.2. Tajukahan   I Like It. |Report Abuse|  Link|January 9, 2021 9:16:40 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   I Like It. |Report Abuse|  Link|October 11, 2023 12:57:39 AM
how did u recover shares my shares are still unrecovered
4. Umesh thakur   I Like It. |Report Abuse|  Link|December 18, 2020 2:40:17 PMReply
CI umesh thakur calling from jharjhand many share of your wealth mantra ltd , l want total shate & its vslues
4.1. AHMAD UMAR   I Like It. |Report Abuse|  Link|October 11, 2023 12:54:39 AM
my shares was also in wealth mantra how to recover them
3. sachin   I Like It. |Report Abuse|  Link|June 19, 2021 1:57:29 PMReply
I need ledger from wealth mantra. Anybody help on this
2. Krishna kumar Srivastava   I Like It. |Report Abuse|  Link|December 29, 2019 6:13:40 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   I Like It. |Report Abuse|  Link|May 28, 2021 5:12:23 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   I Like It. |Report Abuse|  Link|April 1, 2019 2:45:25 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   I Like It. |Report Abuse|  Link|September 11, 2019 3:05:10 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   I Like It. |Report Abuse|  Link|November 12, 2019 5:47:44 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.