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Broker Complaints in FY 2013-14 at BSE

Exchange:  BSE
Financial Year:  2013-14
Last Updated:  Sunday, May 4, 2014

List of complaints received against stock / commodity brokers at BSE in financial year 2013-14. 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 2013-14

Broker Name Broker Detail Number of Clients   Know more Total Complaints   Know more
ICICI SECURITIES LTD Broker Detail... 2,454,063 62
HDFC SECURITIES LTD Broker Detail... 1,582,821 19
SHAREKHAN LTD Broker Detail... 1,182,390 43
INDIA INFOLINE LTD Broker Detail... 1,075,923 74
ANGEL BROKING PVT LTD Broker Detail... 998,740 111
RELIGARE SECURITIES LTD Broker Detail... 821,485 43
KOTAK SECURITIES LTD Broker Detail... 789,341 38
RELIANCE SECURITIES LTD Broker Detail... 711,385 15
MOTILAL OSWAL SECURITIES LTD Broker Detail... 663,408 42
INDIABULLS VENTURES LTD Broker Detail... 593,812 26
GEOJIT BNP PARIBAS FINANCIAL SERVICES LTD Broker Detail... 528,473 15
KARVY STOCK BROKING LTD Broker Detail... 518,521 29
SBICAP SECURITIES LTD Broker Detail... 350,332 23
ANAND RATHI SHARE & STOCK BROKERS LTD Broker Detail... 319,834 25
SMC GLOBAL SECURITIES LTD Broker Detail... 307,885 44
BONANZA PORTFOLIO LTD Broker Detail... 269,974 20
EDELWEISS FINANCIAL ADVISORS LTD 231,782 16
ADITYA BIRLA MONEY LTD Broker Detail... 228,019 18
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD Broker Detail... 220,630 9
HSBC INVESTDIRECT SECURITIES INDIA LTD 200,106 10
NIRMAL BANG SECURITIES PVT LTD Broker Detail... 185,337 37
SHCIL SERVICES LTD 166,762 4
MARWADI SHARES & FINANCE LTD Broker Detail... 159,895 1
VENTURA SECURITIES LTD Broker Detail... 155,869 11
STANDARD CHARTERED SECURITIES INDIA LTD 148,192 21
SHRIRAM INSIGHT SHARE BROKERS LTD 144,395 7
SUSHIL FINANCIAL SERVICES PVT LTD Broker Detail... 134,754 7
BMA WEALTH CREATORS LTD 130,833 37
ARCADIA SHARE & STOCK BROKERS PVT LTD Broker Detail... 129,079 10
UNICON SECURITIES PVT LTD 122,215 74
EMKAY GLOBAL FINANCIAL SERVICES LTD Broker Detail... 121,412 23
IDBI CAPITAL MARKET SERVICES LTD Broker Detail... 119,187 3
MASTER CAPITAL SERVICES LTD Broker Detail... 116,335 6
NETWORTH STOCK BROKING LTD Broker Detail... 113,694 10
JM FINANCIAL SERVICES LTD Broker Detail... 113,132 2
EDELWEISS BROKING LTD Broker Detail... 110,472 21
JRG SECURITIES LTD 104,490 9
SHRI PARASRAM HOLDINGS PVT LTD Broker Detail... 101,193 4
ASE CAPITAL MARKETS LTD Broker Detail... 96,986 5
ARIHANT CAPITAL MARKETS LTD Broker Detail... 96,003 4
HEM SECURITIES LTD Broker Detail... 92,601 7
JHAVERI SECURITIES LTD 86,010 3
ASHIKA STOCK BROKING LTD Broker Detail... 85,570 4
SHAH INVESTORS HOME LTD Broker Detail... 81,039 1
GLOBE CAPITAL MARKET LTD Broker Detail... 79,209 10
LKP SECURITIES LTD Broker Detail... 76,674 9
TRUSTLINE SECURITIES LTD Broker Detail... 72,390 7
VSE STOCK SERVICES LTD 69,237 2
MANGAL KESHAV SECURITIES LTD Broker Detail... 67,353 5
MANSUKH STOCK BROKERS LTD Broker Detail... 66,387 3
ISE SECURITIES & SERVICES LTD Broker Detail... 66,275 4
KANTILAL CHHAGANLAL SECURITIES PVT LTD Broker Detail... 66,080 7
PRABHUDAS LILLADHER PVT LTD Broker Detail... 65,741 6
WAY2WEALTH BROKERS PVT LTD Broker Detail... 64,656 4
PHILLIPCAPITAL INDIA PVT LTD Broker Detail... 59,450 2
SYKES & RAY EQUITIES INDIA LTD Broker Detail... 59,183 1
JOINDRE CAPITAL SERVICES LTD Broker Detail... 58,730 3
EUREKA STOCK & SHARE BROKING SERVICES LTD Broker Detail... 55,609 2
KISAN RATILAL CHOKSEY SHARES & SECURITIES PVT LTD Broker Detail... 55,263 2
SYSTEMATIX SHARES & STOCKS INDIA LTD Broker Detail... 49,181 2
SSJ FINANCE & SECURITIES PVT LTD Broker Detail... 48,386 6
FAIRWEALTH SECURITIES LTD 48,142 12
DESTIMONEY SECURITIES PVT LTD Broker Detail... 43,347 8
SUNIDHI SECURITIES & FINANCE LTD Broker Detail... 42,609 1
GUINESS SECURITIES LTD 40,844 2
SWASTIKA INVESTMART LTD 37,630 2
MAGNUM EQUITY BROKING LTD 37,610 3
JSEL SECURITIES LTD 37,574 2
SKSE SECURITIES LTD 37,357 1
SHILPA STOCK BROKER PVT LTD 36,963 3
MICROSEC CAPITAL LTD Broker Detail... 35,962 2
INVENTURE GROWTH & SECURITIES LTD Broker Detail... 35,893 2
LATIN MANHARLAL SECURITIES PVT LTD Broker Detail... 34,369 1
CONSORTIUM SECURITIES PVT LTD 33,086 1
ITI FINANCIAL SERVICES LTD 31,111 1
PSE SECURITIES LTD 30,482 1
ADROIT FINANCIAL SERVICES PVT LTD 30,137 1
C.D. EQUISEARCH PVT LTD 27,286 31
CANARA BANK SECURITIES LTD 26,369 1
MANUBHAI MANGALDAS SECURITIES PVT LTD Broker Detail... 26,088 1
EDELWEISS SECURITIES LTD 26,027 5
INTEGRATED ENTERPRISES INDIA LTD 25,939 1
SPFL SECURITIES LTD Broker Detail... 25,460 2
ACUMEN CAPITAL MARKET INDIA LTD 24,967 1
MAVERICK SHARE BROKERS LTD Broker Detail... 24,715 1
ALMONDZ GLOBAL SECURITIES LTD 24,325 2
ANUGRAH STOCK & BROKING PVT LTD Broker Detail... 24,058 2
SVS SECURITIES PVT LTD Broker Detail... 23,725 1
INDUS PORTFOLIO PVT LTD Broker Detail... 22,822 2
MARFATIA STOCK BROKING PVT LTD Broker Detail... 22,579 3
PACE STOCK BROKING SERVICES PVT LTD Broker Detail... 22,439 1
CHOLAMANDALAM SECURITIES LTD 22,320 1
ABHIPRA CAPITAL LTD 22,307 5
RR EQUITY BROKERS PVT LTD 20,613 5
BP EQUITIES PVT LTD Broker Detail... 20,037 1
IFCI FINANCIAL SERVICES LTD 19,982 3
SKP SECURITIES LTD 18,449 2
TATA SECURITIES LTD 18,129 1
INDIRA SECURITIES PVT LTD Broker Detail... 18,049 1
ELITE WEALTH ADVISORS LTD 18,020 1
VCK SHARE & STOCK BROKING SERVICES LTD 16,268 3
MPSE SECURITIES LTD 16,146 3
KAYNET CAPITAL LTD Broker Detail... 15,666 6
Axis Securities Limited Broker Detail... 15,342 3
INDIANIVESH SECURITIES PVT LTD 14,623 3
DBFS SECURITIES LTD 14,509 3
COMPETENT FINMAN PVT LTD 14,448 1
NAVKAR SHARE & STOCK BROKERS PVT LTD 14,241 1
PROGRESSIVE SHARE BROKERS PVT LTD Broker Detail... 14,126 2
UPSE SECURITIES LTD 13,701 1
R.K. STOCKHOLDING PVT LTD 13,592 2
BAKLIWAL FINANCIAL SERVICES INDIA PVT LTD 13,087 1
ZUARI INVESTMENTS LTD 12,671 3
FULLERTON SECURITIES & WEALTH ADVISORS LTD 11,553 2
VERTEX SECURITIES LTD 11,501 1
GIGANTIC SECURITIES LTD 10,841 3
CENTRUM BROKING LTD 10,683 1
JYOTI PORTFOLIO LTD 10,225 1
SPA SECURITIES LTD 8,981 2
MODEX INTERNATIONAL SECURITIES LTD Broker Detail... 8,816 1
GOGIA CAPITAL SERVICES LTD Broker Detail... 8,807 1
AJMERA ASSOCIATES LTD Broker Detail... 8,650 2
PEERLESS SECURITIES LTD Broker Detail... 8,644 1
DSE FINANCIAL SERVICES LTD 8,591 1
PUG STOCK BROKERS PVT LTD 8,168 1
STEWART & MACKERTICH WEALTH MANAGEMENT LTD 7,878 3
KEYNOTE CAPITALS LTD 7,768 7
NINE STAR BROKING PVT LTD 7,684 2
BEST BULL STOCK TRADING PVT LTD 7,588 6
INFINITY.COM FINANCIAL SECURITIES LTD 7,397 1
FAIR INTERMEDIATE INVESTMENTS PVT LTD 7,344 1
CIL SECURITIES LTD 7,250 2
SPAN CAPLEASE PVT LTD 7,200 1
CAPITAL FIRST SECURITIES LTD 7,164 1
BANSAL FINSTOCK PVT LTD Broker Detail... 6,959 3
SUNTECK WEALTHMAX CAPITAL PVT LTD 6,886 2
RAGA SECURITIES & FINANCE PVT LTD 6,581 1
Vikson Securities PVT LTD 6,262 1
EASTERN FINANCIERS LTD 5,940 1
SMART EQUITY BROKERS PVT LTD 5,936 1
KARUNA FINANCIAL SERVICES PVT LTD 5,810 1
FRR SHARES & SECURITIES LTD 5,763 1
FINQUEST SECURITIES PVT LTD 5,623 1
INA STOCK BROKING CO. PVT LTD 5,404 1
AMBIT SECURITIES BROKING PVT LTD 5,357 1
WELLINDIA SECURITIES LTD 5,170 1
JUST TRADE SECURITIES LTD Broker Detail... 4,962 2
NIRMAN SHARE BROKERS PVT LTD 4,782 2
CPR CAPITAL SERVICES LTD Broker Detail... 4,192 1
TRANSWORLD SECURITIES LTD 4,048 1
B D SHAH SECURITIES LTD 3,709 1
AMRAPALI CAPITAL & FINANCE SERVICES LTD Broker Detail... 2,842 1
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD 2,642 7
FALCON BROKERAGE PVT LTD 2,434 1
Greenbucks Securities PVT Ltd 2,301 3
KALPANA A.GUNDERIA 1,968 1
VIJETA BROKING INDIA PVT LTD Broker Detail... 1,926 1
ADI LIM BILIMORIA 1,826 1
RELIGARE CAPITAL MARKETS LTD 1,777 1
MAX PLANWEALTH SECURITIES LTD 1,680 1
Multigain Securities Services PVT LTD 1,488 1
CHOICE EQUITY BROKING PVT LTD Broker Detail... 1,265 1
RTG SHARE BROKING LTD 1,091 3
INDIA SECURITIES BROKING PVT LTD 935 1
CELEBRUS CAPITAL LTD 703 1
NAVKAR WEALTH SERVICES PVT LTD 670 1
BHARTI THAKKAR INDIA SECURITIES PVT LTD 591 2
SHAVETA STOCK & SECURITIES PVT LTD 582 1
PUG SECURITIES PVT LTD 501 2
MAGNUM EQUITY SERVICES LTD 478 1
M.D.SHUKLA SHARES & SECURITIES PVT LTD 411 1
RKSV Securities INDIA PVT LTD Broker Detail... 340 1
ROYAL INTERNATIONAL SHARES PVT LTD 333 3
SHRENI SHARES PVT LTD 300 1
ATS SHARE BROKERS PVT LTD 252 1
BAJAJ SHARE & STOCK BROKERS PVT LTD 201 1
ISF SECURITIES LTD 189 1
CLICK2TRADE CAPITAL LTD 129 9
OMJI SECURITIES LTD 110 6
KASSA FINVEST PVT LTD 108 2
ACS ADVISORY SERVICES LTD 60 1
ARTHA TATWA SHARES & STOCKS PVT LTD 5 1

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