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Broker Complaints in FY 2012-13 at BSE

Exchange:  BSE
Financial Year:  2012-13
Last Updated:  Sunday, January 26, 2014

List of complaints received against stock / commodity brokers at BSE in financial year 2012-13. This page also provides the number of active client's brokers in India.

We have also ranked the broker by number of complaints exchange received against them. If broker is ranked low in the rank (i.e. 1); it means the broker is comparatively good in terms resolving investor problems or grievances.

Complaint against Brokers at BSE in FY 2012-13

Broker Name Broker Detail Number of Clients   Know more Total Complaints   Know more
ICICI SECURITIES LTD Broker Detail... 2,202,803 81
HDFC SECURITIES LTD Broker Detail... 1,336,959 12
SHAREKHAN LTD Broker Detail... 1,129,261 42
INDIA INFOLINE LTD Broker Detail... 1,040,291 128
ANGEL BROKING PVT LTD Broker Detail... 950,151 187
RELIGARE SECURITIES LTD Broker Detail... 795,803 51
KOTAK SECURITIES LTD Broker Detail... 712,313 46
RELIANCE SECURITIES LTD Broker Detail... 686,425 32
MOTILAL OSWAL SECURITIES LTD Broker Detail... 642,403 50
INDIABULLS VENTURES LTD Broker Detail... 590,018 48
GEOJIT BNP PARIBAS FINANCIAL SERVICES LTD Broker Detail... 499,308 14
KARVY STOCK BROKING LTD Broker Detail... 464,143 40
ANAND RATHI SHARE & STOCK BROKERS LTD Broker Detail... 306,917 44
SMC GLOBAL SECURITIES LTD Broker Detail... 294,405 49
SBICAP SECURITIES LTD Broker Detail... 274,423 21
BONANZA PORTFOLIO LTD Broker Detail... 259,290 22
ANAND RATHI FINANCIAL SERVICES LTD 252,954 1
EDELWEISS FINANCIAL ADVISORS LTD 222,651 13
ADITYA BIRLA MONEY LTD Broker Detail... 219,163 23
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD Broker Detail... 217,037 9
HSBC INVESTDIRECT SECURITIES INDIA LTD 196,736 20
AXIS CAPITAL LTD 168,130 4
NIRMAL BANG SECURITIES PVT LTD Broker Detail... 162,862 33
MARWADI SHARES & FINANCE LTD Broker Detail... 156,149 6
SHCIL SERVICES LTD 155,515 10
STANDARD CHARTERED SECURITIES INDIA LTD Broker Detail... 141,401 10
SHRIRAM INSIGHT SHARE BROKERS LTD 138,470 7
VENTURA SECURITIES LTD Broker Detail... 138,104 15
SUSHIL FINANCIAL SERVICES PVT LTD Broker Detail... 129,552 6
ARCADIA SHARE & STOCK BROKERS PVT LTD Broker Detail... 126,509 17
UNICON SECURITIES PVT LTD 120,064 15
EMKAY GLOBAL FINANCIAL SERVICES LTD Broker Detail... 118,716 8
NETWORTH STOCK BROKING LTD Broker Detail... 111,163 22
BMA WEALTH CREATORS LTD 107,390 70
MASTER CAPITAL SERVICES LTD Broker Detail... 107,285 7
JM FINANCIAL SERVICES LTD Broker Detail... 105,445 8
EDELWEISS BROKING LTD Broker Detail... 103,099 21
JRG SECURITIES LTD 102,283 35
IDBI CAPITAL MARKET SERVICES LTD Broker Detail... 99,418 9
SHRI PARASRAM HOLDINGS PVT LTD Broker Detail... 98,870 3
ASE CAPITAL MARKETS LTD Broker Detail... 94,216 1
ARIHANT CAPITAL MARKETS LTD Broker Detail... 93,057 2
HEM SECURITIES LTD Broker Detail... 90,061 9
MONARCH RESEARCH & BROKERAGE PVT LTD 84,486 4
JHAVERI SECURITIES LTD 83,797 1
ASHIKA STOCK BROKING LTD Broker Detail... 83,244 2
SHAH INVESTORS HOME LTD Broker Detail... 79,147 1
ALANKIT ASSIGNMENTS LTD Broker Detail... 76,905 4
LKP SECURITIES LTD Broker Detail... 72,344 4
GLOBE CAPITAL MARKET LTD Broker Detail... 69,246 17
TRUSTLINE SECURITIES LTD Broker Detail... 67,718 15
MANGAL KESHAV SECURITIES LTD Broker Detail... 66,063 1
KANTILAL CHHAGANLAL SECURITIES PVT LTD Broker Detail... 64,858 8
ISE SECURITIES & SERVICES LTD Broker Detail... 64,652 5
MANSUKH STOCK BROKERS LTD Broker Detail... 64,637 5
PRABHUDAS LILLADHER PVT LTD Broker Detail... 63,321 4
STEEL CITY SECURITIES LTD 59,965 3
WAY2WEALTH BROKERS PVT LTD Broker Detail... 59,079 19
JAINAM SHARE CONSULTANTS PVT LTD Broker Detail... 58,102 1
PHILLIPCAPITAL INDIA PVT LTD Broker Detail... 58,000 2
JOINDRE CAPITAL SERVICES LTD Broker Detail... 57,966 2
SYKES & RAY EQUITIES INDIA LTD Broker Detail... 57,594 3
KISAN RATILAL CHOKSEY SHARES & SECURITIES PVT LTD Broker Detail... 53,866 3
SYSTEMATIX SHARES & STOCKS INDIA LTD Broker Detail... 48,297 1
SSJ FINANCE & SECURITIES PVT LTD Broker Detail... 45,632 7
FAIRWEALTH SECURITIES LTD 43,809 12
GUINESS SECURITIES LTD 38,915 10
DESTIMONEY SECURITIES PVT LTD Broker Detail... 38,269 9
JSEL SECURITIES LTD 37,282 3
MAGNUM EQUITY BROKING LTD 36,822 1
TECHNO SHARES & STOCKS LTD Broker Detail... 36,743 1
SKSE SECURITIES LTD 36,634 1
MEHTA EQUITIES LTD 36,291 1
SHILPA STOCK BROKER PVT LTD 36,064 1
P.C.S SECURITIES LTD 35,560 1
FORTUNE EQUITY BROKERS INDIA LTD 35,363 6
INVENTURE GROWTH & SECURITIES LTD Broker Detail... 34,861 1
SWASTIKA INVESTMART LTD 34,652 3
MICROSEC CAPITAL LTD Broker Detail... 34,247 2
LATIN MANHARLAL SECURITIES PVT LTD Broker Detail... 32,908 1
CONSORTIUM SECURITIES PVT LTD 32,017 2
SIDDHI SHARES PVT LTD 31,751 1
ITI FINANCIAL SERVICES LTD 29,948 5
ADROIT FINANCIAL SERVICES PVT LTD 28,891 2
EDELWEISS SECURITIES LTD 25,641 3
INDIA CAPITAL MARKETS PVT LTD 25,534 2
SPFL SECURITIES LTD Broker Detail... 24,352 6
ALMONDZ GLOBAL SECURITIES LTD 23,815 2
DYNAMIC EQUITIES PVT LTD 23,533 2
ANUGRAH STOCK & BROKING PVT LTD Broker Detail... 23,248 2
WEALTH MANTRA LTD 23,169 1
SHAREWEALTH SECURITIES LTD 22,557 1
KALPATARU MULTIPLIER LTD 22,516 1
INDUS PORTFOLIO PVT LTD Broker Detail... 22,285 3
ABHIPRA CAPITAL LTD 21,827 11
CHOLAMANDALAM SECURITIES LTD 21,628 1
EXCLUSIVE BROKING HOUSE LTD 21,236 1
PACE STOCK BROKING SERVICES PVT LTD Broker Detail... 20,678 2
BCB BROKERAGE PVT LTD Broker Detail... 20,502 1
TRUSTED SHARES & INVESTMENTS LTD 20,095 1
RR EQUITY BROKERS PVT LTD 19,956 3
BP EQUITIES PVT LTD Broker Detail... 18,348 3
SKP SECURITIES LTD 17,935 1
IFCI FINANCIAL SERVICES LTD 17,712 4
INDIRA SECURITIES PVT LTD Broker Detail... 17,102 2
BRICS SECURITIES LTD 16,707 3
INDIA ADVANTAGE SECURITIES LTD Broker Detail... 16,579 5
ELITE WEALTH ADVISORS LTD 16,567 2
RATNAKAR SECURITIES PVT LTD Broker Detail... 16,357 1
DANI SHARES & STOCKS PVT LTD Broker Detail... 16,325 1
MPSE SECURITIES LTD 16,146 1
C.D. EQUISEARCH PVT LTD 16,054 18
TATA SECURITIES LTD 15,558 3
INTEGRATED ENTERPRISES INDIA LTD 15,452 1
NAVKAR SHARE & STOCK BROKERS PVT LTD 14,088 1
KAYNET CAPITAL LTD Broker Detail... 13,795 4
BAKLIWAL FINANCIAL SERVICES INDIA PVT LTD 13,087 2
CITIGROUP GLOBAL MARKETS INDIA PVT LTD 12,344 1
INTEGRATED MASTER SECURITIES PVT LTD Broker Detail... 12,084 1
INDIANIVESH SECURITIES PVT LTD 11,954 3
DEAL DEPOT BROKERAGE PVT LTD 11,940 1
JHP SECURITIES PVT LTD 11,794 1
FULLERTON SECURITIES & WEALTH ADVISORS LTD 11,397 1
R WADIWALA SECURITIES PVT LTD 11,366 1
ZUARI INVESTMENTS LTD 11,365 3
SANGHAVI BROTHERS BROKERAGE LTD Broker Detail... 11,224 1
SUGAL & DAMANI SHARE BROKERS LTD 11,158 1
VERTEX SECURITIES LTD 10,533 1
GIGANTIC SECURITIES LTD 10,214 2
CENTRUM BROKING LTD 10,181 2
SPA SECURITIES LTD 8,593 1
BNR CAPITAL SERVICES PVT LTD 8,477 1
AJMERA ASSOCIATES LTD Broker Detail... 8,416 1
MODEX INTERNATIONAL SECURITIES LTD Broker Detail... 8,298 3
SEEMA SECURITIES PVT LTD 8,230 1
PEERLESS SECURITIES LTD Broker Detail... 7,835 1
STEWART & MACKERTICH WEALTH MANAGEMENT LTD 7,705 1
SPAN CAPLEASE PVT LTD 7,156 1
BEST BULL STOCK TRADING PVT LTD 7,023 2
NINE STAR BROKING PVT LTD 6,856 1
PATERSON SECURITIES PVT LTD Broker Detail... 6,645 1
RAGA SECURITIES & FINANCE PVT LTD 6,465 2
KEYNOTE CAPITALS LTD 5,774 8
SMART EQUITY BROKERS PVT LTD 5,756 2
FINQUEST SECURITIES PVT LTD 5,532 1
PRUDENT BROKING SERVICES PVT LTD 5,502 1
CAPITAL FIRST SECURITIES LTD 5,474 5
B.R.JALAN SECURITIES PVT LTD 5,126 1
BANSAL FINSTOCK PVT LTD Broker Detail... 5,067 2
NNM SECURITIES PVT LTD 5,044 1
FRR SHARES & SECURITIES LTD 4,912 1
WELLINDIA SECURITIES LTD 4,665 2
NAVJEEVAN EQUITY BROKING PVT LTD 4,440 3
B.M.GANDHI SECURITIES PVT LTD 4,179 1
TRANSWORLD SECURITIES LTD 3,967 1
VASANTI SHARE BROKERS LTD 3,920 1
FIRST GLOBAL STOCKBROKING PVT LTD 3,822 1
VISHESH CAPITAL PVT LTD 3,185 1
Ashlar Securities PVT LTD Broker Detail... 2,976 1
NCJ SHARE & STOCK BROKERS LTD 2,910 2
R.B.K.SHARE BROKING LTD 2,830 1
PRAKASH K SHAH SHARES & SECURITIES PVT LTD 2,574 1
SOMAYAJULU & CO. LTD 2,529 11
FALCON BROKERAGE PVT LTD 2,432 1
DHYAN STOCK BROKING PVT LTD 2,228 2
ATLANTA SHARE SHOPEE LTD 1,949 2
Greenbucks Securities PVT Ltd 1,792 1
RELIGARE CAPITAL MARKETS LTD 1,747 1
AXIS EQUITIES PVT LTD 1,534 1
SOUTH GUJARAT SHARES & SHAREBROKERS LTD Broker Detail... 1,396 1
MANOJ JAVERI STOCK BROKING PVT LTD 1,336 1
AN Capital Markets LTD 1,087 1
INDIA SECURITIES BROKING PVT LTD 927 1
SENATOR SECURITIES PVT LTD 902 1
GALAXY BROKING LTD 847 1
KMS STOCK BROKING CO PVT LTD 750 1
HARENDRA D.MEHTA SHARE & STOCK BROKERS PVT LTD 746 1
RTG SHARE BROKING LTD 663 1
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD 637 4
NAVKAR WEALTH SERVICES PVT LTD 620 2
SUMPOORNA PORTFOLIO LTD 593 2
AXIS SHARES & SECURITIES PVT LTD 548 1
ACHIIEVERS EQUITIES LTD Broker Detail... 523 9
BIPIN K.KAPADIA (I. T. NANAVATI) 468 1
CANON CAPITAL & FINANCE LTD 450 1
MAX PLANWEALTH SECURITIES LTD 438 3
PUG SECURITIES PVT LTD 401 2
T R CAPITAL LTD 394 1
GATEWAY FINANCIAL SERVICES LTD 378 1
INVESTERIA FINANCIAL SERVICES PVT LTD 324 1
EQUISEARCH BROKING PVT LTD 284 1
ARTISTIC FINANCE PVT LTD 197 1
SAFFRON GLOBAL MARKETS PVT LTD 156 1
OBEROIS PORTFOLIO PVT LTD 50 1
ATS SHARE BROKERS PVT LTD 5 1

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