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Broker Complaints in FY 2012-13 at NSE

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

List of complaints received against stock / commodity brokers at NSE 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 NSE in FY 2012-13

Broker Name Broker Detail Number of Clients   Know more Total Complaints   Know more
ICICI SECURITIES LTD Broker Detail... 2,103,212 192
HDFC SECURITIES LTD Broker Detail... 1,336,638 50
SHAREKHAN LTD Broker Detail... 1,125,128 126
INDIA INFOLINE LTD Broker Detail... 1,019,778 336
RELIGARE SECURITIES LTD Broker Detail... 803,640 176
ANGEL BROKING PVT LTD Broker Detail... 787,923 467
RELIANCE SECURITIES LTD Broker Detail... 687,888 87
KOTAK SECURITIES LTD Broker Detail... 674,160 197
MOTILAL OSWAL SECURITIES LTD Broker Detail... 621,966 119
ICICI WEB TRADE LTD 617,934 6
INDIABULLS VENTURES LTD Broker Detail... 607,108 162
KARVY STOCK BROKING LTD Broker Detail... 555,326 114
GEOJIT BNP PARIBAS FINANCIAL SERVICES LTD Broker Detail... 452,945 46
ANAND RATHI SHARE & STOCK BROKERS LTD Broker Detail... 296,977 76
SBICAP SECURITIES LTD Broker Detail... 275,515 52
AXIS CAPITAL LTD 262,859 10
SMC GLOBAL SECURITIES LTD Broker Detail... 253,314 159
BONANZA PORTFOLIO LTD Broker Detail... 240,596 60
ADITYA BIRLA MONEY LTD Broker Detail... 216,256 67
HSBC INVESTDIRECT SECURITIES INDIA LTD 183,639 72
EDELWEISS FINANCIAL ADVISORS LTD 181,254 39
SHRIRAM INSIGHT SHARE BROKERS LTD 156,554 20
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD Broker Detail... 151,198 12
NIRMAL BANG SECURITIES PVT LTD Broker Detail... 149,043 108
STANDARD CHARTERED SECURITIES INDIA LTD 136,627 25
VENTURA SECURITIES LTD Broker Detail... 131,678 40
MARWADI SHARES & FINANCE LTD Broker Detail... 130,338 8
ARCADIA SHARE & STOCK BROKERS PVT LTD Broker Detail... 122,856 21
SUSHIL FINANCIAL SERVICES PVT LTD Broker Detail... 122,745 6
UNICON SECURITIES PVT LTD 121,999 56
EMKAY GLOBAL FINANCIAL SERVICES LTD Broker Detail... 115,944 17
MASTER CAPITAL SERVICES LTD Broker Detail... 108,443 43
BMA WEALTH CREATORS LTD 108,259 210
EDELWEISS BROKING LTD Broker Detail... 103,016 93
IDBI CAPITAL MARKET SERVICES LTD Broker Detail... 101,135 25
JRG SECURITIES LTD 100,058 64
SHRI PARASRAM HOLDINGS PVT LTD Broker Detail... 97,860 6
NETWORTH STOCK BROKING LTD Broker Detail... 93,118 29
ARIHANT CAPITAL MARKETS LTD Broker Detail... 89,392 7
MONARCH PROJECT & FINMARKETS LTD 83,538 10
TRUSTLINE SECURITIES LTD Broker Detail... 83,094 33
ASHIKA STOCK BROKING LTD Broker Detail... 82,912 11
JHAVERI SECURITIES LTD 79,823 4
ALANKIT ASSIGNMENTS LTD Broker Detail... 77,743 9
SHAH INVESTORS HOME LTD Broker Detail... 77,265 2
ISE SECURITIES & SERVICES LTD Broker Detail... 76,873 11
JM FINANCIAL SERVICES LTD Broker Detail... 76,703 9
GLOBE CAPITAL MARKET LTD Broker Detail... 73,099 29
WAY2WEALTH BROKERS PVT LTD Broker Detail... 71,174 42
INTEGRATED ENTERPRISES INDIA LTD 67,190 15
MANGAL KESHAV SECURITIES LTD Broker Detail... 63,613 2
MANSUKH SECURITIES & FINANCE LTD 60,733 7
LKP SECURITIES LTD Broker Detail... 60,371 18
BGSE FINANCIALS LTD Broker Detail... 59,246 3
STEEL CITY SECURITIES LTD 57,767 4
KIFS SECURITIES LTD Broker Detail... 56,286 1
ZEN SECURITIES LTD 54,479 3
SYKES & RAY EQUITIES INDIA LTD Broker Detail... 53,608 4
PRABHUDAS LILLADHER PVT LTD Broker Detail... 51,348 5
EUREKA STOCK & SHARE BROKING SERVICES LTD Broker Detail... 50,749 1
JOINDRE CAPITAL SERVICES LTD Broker Detail... 50,347 1
PHILLIPCAPITAL INDIA PVT LTD Broker Detail... 49,711 2
KISAN RATILAL CHOKSEY SHARES & SECURITIES PVT LTD Broker Detail... 49,331 9
JAINAM SHARE CONSULTANTS PVT LTD Broker Detail... 46,855 1
SYSTEMATIX SHARES & STOCKS INDIA LTD Broker Detail... 46,232 1
FAIRWEALTH SECURITIES LTD 44,339 42
SSJ FINANCE & SECURITIES PVT LTD Broker Detail... 42,172 7
LSE SECURITIES LTD 40,965 7
SUNIDHI SECURITIES & FINANCE LTD Broker Detail... 40,381 1
GUINESS SECURITIES LTD 39,380 15
DESTIMONEY SECURITIES PVT LTD Broker Detail... 38,364 27
GOLDMINE STOCKS PVT LTD Broker Detail... 37,617 2
KANTILAL CHHAGANLAL SECURITIES PVT LTD Broker Detail... 37,097 13
PCS SECURITIES LTD 35,849 5
TECHNO SHARES & STOCKS LTD Broker Detail... 35,740 2
MICROSEC CAPITAL LTD Broker Detail... 34,427 10
INTIME EQUITIES LTD 34,197 9
ADROIT FINANCIAL SERVICES PVT LTD 33,901 5
SWASTIKA INVESTMART LTD 33,583 9
DBFS SECURITIES LTD 32,564 6
SHILPA STOCK BROKER PVT LTD 32,222 6
R K GLOBAL SHARES & SECURITIES LTD Broker Detail... 31,975 9
CONSORTIUM SECURITIES PVT LTD 31,850 5
LATIN MANHARLAL SECURITIES PVT LTD Broker Detail... 31,778 2
SHCIL SERVICES LTD 30,112 2
ITI FINANCIAL SERVICES LTD 30,095 4
HEM FINLEASE PVT LTD 29,557 1
WEALTH MANTRA LTD 29,446 4
MAGNUM EQUITY BROKING LTD 29,337 1
COIMBATORE CAPITAL LTD 29,309 3
KUNVARJI FINSTOCK PVT LTD 29,173 3
CAPSTOCKS & SECURITIES INDIA PVT LTD 28,223 2
ACUMEN CAPITAL MARKET INDIA LTD 27,778 2
SHAREWEALTH SECURITIES LTD 26,140 1
HEDGE EQUITIES LTD 24,637 3
SPFL SECURITIES LTD Broker Detail... 23,985 3
SHREE BAHUBALI INTERNATIONAL LTD 23,971 1
JUST TRADE SECURITIES LTD Broker Detail... 23,932 6
ALMONDZ GLOBAL SECURITIES LTD 23,841 6
EDELWEISS SECURITIES LTD 23,654 16
INDIA CAPITAL MARKETS PVT LTD 23,196 2
ANUGRAH STOCK & BROKING PVT LTD Broker Detail... 23,117 5
ABHIPRA CAPITAL LTD 22,936 13
PACE STOCK BROKING SERVICES PVT LTD Broker Detail... 22,827 12
DYNAMIC EQUITIES PVT LTD 22,584 2
CANARA BANK SECURITIES LTD 22,308 3
ELITE WEALTH ADVISORS LTD 22,117 3
INDUS PORTFOLIO PVT LTD Broker Detail... 22,073 3
CHOLAMANDALAM SECURITIES LTD 20,778 1
EXCLUSIVE SECURITIES LTD 20,296 3
RR EQUITY BROKERS PVT LTD 20,048 2
INVENTURE GROWTH & SECURITIES LTD Broker Detail... 19,734 2
MEHTA EQUITIES LTD 19,676 2
NAVIA MARKETS LTD Broker Detail... 19,476 1
VERTEX SECURITIES LTD 19,323 8
GEPL CAPITAL PVT LTD 19,049 2
VOGUE COMMERCIAL COMPANY LTD 19,019 4
SKP SECURITIES LTD 19,007 2
IFCI FINANCIAL SERVICES LTD 18,767 12
INDBANK MERCHANT BANKING SERVICES LTD 17,735 6
C.D. EQUISEARCH PVT LTD 17,313 41
INDIA ADVANTAGE SECURITIES LTD Broker Detail... 16,789 8
BP EQUITIES PVT LTD Broker Detail... 16,709 5
VCK SHARE & STOCK BROKING SERVICES LTD 15,757 4
DIMENSIONAL SECURITIES PVT LTD 15,560 1
DANI SHARES & STOCKS PVT LTD Broker Detail... 15,481 6
TATA SECURITIES LTD 15,434 7
COMPETENT FINMAN PVT LTD 15,148 1
INDIRA SECURITIES PVT LTD Broker Detail... 15,044 3
BRICS SECURITIES LTD 14,679 2
PROGRESSIVE SHARE BROKERS PVT LTD Broker Detail... 13,716 3
HSE SECURITIES LTD 13,452 2
ZUARI INVESTMENTS LTD 12,697 4
BAKLIWAL FINANCIAL SERVICES INDIA PVT LTD 12,670 10
COCHIN STOCK BROKERS LTD 12,563 1
INDIANIVESH SECURITIES PVT LTD 12,221 10
B N RATHI SECURITIES LTD 11,945 3
FULLERTON SECURITIES & WEALTH ADVISORS LTD 11,646 1
CITIGROUP GLOBAL MARKETS INDIA PVT LTD 11,537 1
R WADIWALA SECURITIES PVT LTD 11,189 1
KELLTON SECURITIES PVT LTD 11,154 1
FAIR INTERMEDIATE INVESTMENTS PVT LTD 11,125 2
INTEGRATED MASTER SECURITIES PVT LTD Broker Detail... 11,048 3
DB (INTERNATIONAL) STOCK BROKERS LTD Broker Detail... 10,929 3
PRABHAT FINANCIAL SERVICES LTD 10,463 1
MULTIPLEX CAPITAL LTD 9,803 2
KAYNET FINANCE LTD 9,530 8
MODEX INTERNATIONAL SECURITIES LTD Broker Detail... 9,248 4
PEERLESS SECURITIES LTD Broker Detail... 9,192 1
PUG SECURITIES PVT LTD 9,079 15
GOGIA CAPITAL SERVICES LTD Broker Detail... 8,968 1
PATERSON SECURITIES PVT LTD Broker Detail... 8,900 1
LAKSHMISHREE INVESTMENT & SECURITIES PVT LTD 8,845 3
EAST INDIA SECURITIES LTD 8,753 1
CENTRUM BROKING LTD 8,613 1
R.L.P. SECURITIES PVT LTD 8,602 2
TRADEBULLS SECURITIES PVT LTD Broker Detail... 8,452 2
KASSA FINVEST PVT LTD 8,349 35
SPA SECURITIES LTD 8,291 3
ESCORTS SECURITIES LTD 8,089 1
K K SECURITIES LTD 8,020 1
ZERODHA Broker Detail... 7,996 7
GIGANTIC SECURITIES LTD 7,884 2
SKI CAPITAL SERVICES LTD 7,855 3
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD 7,733 32
STEWART & MACKERTICH WEALTH MANAGEMENT LTD 7,618 5
A. G. SHARES & SECURITIES LTD 7,484 1
EASTERN FINANCIERS LTD 7,396 2
SAAKETA CONSULTANTS LTD 7,390 2
BEST BULL STOCK TRADING PVT LTD 7,365 13
C D INTEGRATED SERVICES LTD 7,118 1
PUNE E STOCK BROKING PVT LTD 7,078 2
BLB LTD 6,923 1
SHREE KANHA STOCK BROKING PVT LTD 6,766 1
YOHA SECURITIES LTD 6,650 1
PARSOLI CORPORATION LTD 6,468 1
DJS STOCK & SHARES LTD 6,256 3
GARG SECURITIES PVT LTD 6,214 5
PRUDENT BROKING SERVICES PVT LTD 6,186 3
INFINITY.COM FINANCIAL SECURITIES LTD 6,122 2
A C CHOKSI SHARE BROKERS PVT LTD Broker Detail... 6,117 3
MAHESHWARI TECHNICAL & FINANCIAL SERVICES LTD 6,062 1
SAMRUDDHI STOCK BROKERS LTD 6,004 6
ASTHA CREDIT & SECURITIES PVT LTD 5,961 2
MLB CAPITAL PVT LTD 5,903 1
SHARE INDIA SECURITIES LTD Broker Detail... 5,899 2
DEAL DEPOT EQUITIES 5,839 1
KEYNOTE CAPITALS LTD 5,829 32
CENTURY FINVEST PVT LTD 5,693 1
FORT SHARE BROKING PVT LTD 5,675 1
SMART EQUITY BROKERS PVT LTD 5,575 5
FUTURE CAPITAL SECURITIES LTD 5,572 22
GRESHMA SHARES & STOCKS LTD 5,306 1
TRANSWORLD SECURITIES LTD 5,301 1
BANSAL FINSTOCK PVT LTD Broker Detail... 5,059 11
SANCHIT FINANCIAL & MANAGEMENT SERVICES LTD 5,054 2
SHREEPATI HOLDINGS & FINANCE PVT LTD 4,955 2
KRIPA SECURITIES PVT LTD 4,925 1
MATALIA STOCK BROKING PVT LTD 4,838 1
KHANDWALA SECURITIES LTD 4,767 6
MUNOTH CAPITAL MARKET LTD 4,740 1
AMBIT SECURITIES BROKING PVT LTD 4,734 1
NARAYAN SECURITIES LTD 4,690 1
WELLINDIA SECURITIES LTD 4,640 11
AISHWARYA & CO. PVT LTD 4,581 1
SOUTH GUJARAT SHARES & SHAREBROKERS LTD Broker Detail... 4,456 2
M G CAPITAL SERVICES LTD 4,388 3
SPAN CAPLEASE PVT LTD 4,318 5
MERITS CAPITAL MARKET SERVICES PVT LTD 4,312 1
SANGHAVI SAVLA STOCKBROKERS LTD 4,308 1
PUMARTH CREDIT & CAPITAL LTD 4,294 1
ACCORD CAPITAL MARKETS LTD 4,279 2
EXPONENTIAL FINANCIAL SERVICES PVT LTD 4,242 1
VISHESH CAPITAL PVT LTD 4,241 3
SUNFLOWER BROKING PVT LTD Broker Detail... 4,195 2
TRADEWELL SECURITIES LTD 4,002 1
AJCON GLOBAL SERVICES LTD 3,907 1
ALTIUS FINCAP MARKETS LTD 3,805 1
MPSE SECURITIES LTD 3,736 2
FIRST GLOBAL STOCKBROKING PVT LTD 3,712 1
CFS FINANCIAL SERVICES PVT LTD 3,699 1
SUNCHAN SECURITIES LTD 3,632 2
RELIABLE STOCKS & SHARES INDIA LTD 3,603 1
PSB SECURITIES LTD 3,578 1
TWIN EARTH SECURITIES PVT LTD 3,297 1
ASHLAR SECURITIES PVT LTD Broker Detail... 3,282 8
COMFORT SECURITIES LTD 2,897 2
INTEGRATED STOCK BROKING SERVICES PVT LTD 2,852 2
VASANTI SHARE BROKERS LTD 2,820 2
GEMS EQUITIES & SECURITIES PVT LTD 2,787 1
LALKAR SECURITIES PVT LTD 2,780 1
KARMIC STOCK BROKING PVT LTD 2,746 1
GRD SECURITIES LTD 2,711 1
SOMAYAJULU & CO. LTD 2,614 9
CREDENTIAL STOCK BROKERS LTD 2,609 1
DSE FINANCIAL SERVICES LTD 2,566 4
BERKELEY SECURITIES LTD 2,562 6
GREENBUCKS SECURITIES PVT LTD 2,471 6
CITIGROUP WEALTH ADVISORS INDIA PVT LTD 2,439 1
MAXIMUS SECURITIES LTD 2,359 1
UNITED SHARE BROKERS LTD 2,323 2
KUMAR SHARE BROKERS LTD Broker Detail... 2,165 1
BEZEL STOCK BROKERS PVT LTD 2,093 3
JV CAPITAL SERVICES PVT LTD 2,064 4
MAXGROWTH CAPITAL PVT LTD 2,053 1
LABDHI STOCK & DERIVATIVES SERVICES PVT LTD 1,982 2
ALPARI FINANCIAL SERVICES INDIA PVT LTD 1,926 1
INDIAN FINANCE GUARANTY LTD 1,916 5
DESTINY SECURITIES LTD 1,839 1
VIJETA BROKING INDIA PVT LTD Broker Detail... 1,831 1
SHREE ADESHWAR SECURITIES PVT LTD 1,811 1
O J FINANCIAL SERVICES LTD 1,756 1
NKB SECURITIES 1,718 1
JBS SECURITIES PVT LTD 1,647 1
C. M. GOENKA STOCK BROKERS PVT LTD 1,645 1
NAVKAR WEALTH SERVICES PVT LTD 1,634 3
VIOLET ARCH SECURITIES PVT LTD 1,627 1
SODHANI SECURITIES LTD 1,613 1
ALKA SECURITIES LTD 1,534 4
KEDIA SHARES & STOCKS BROKERS LTD 1,516 1
SVARN FINANCIAL SERVICES PVT LTD 1,514 6
TIME CAPITAL LTD 1,469 1
BELAIR CORPORATION PVT LTD 1,463 5
RAGHUNANDAN CAPITAL PVT LTD Broker Detail... 1,417 3
THIRANI SECURITIES PVT LTD 1,409 3
NAVJEEVAN EQUITY BROKING PVT LTD 1,401 2
FIN BRAINS SECURITIES INDIA LTD 1,398 3
D R SHARE & STOCK BROKERS PVT LTD 1,377 3
I VENTURES CAPITAL PVT LTD 1,376 2
ATS SHARE BROKERS PVT LTD 1,327 4
MSB E-TRADE SECURITIES LTD 1,258 2
AN CAPITAL MARKETS LTD 1,202 2
BLUE CHIP CORPORATION PVT LTD 1,130 16
SWADESHI CREDITS PVT LTD 1,064 1
ACHIIEVERS EQUITIES LTD Broker Detail... 1,027 10
RAGA SHARES TRADING PVT LTD 1,004 1
DYNA SECURITIES LTD 987 1
SUMPOORNA PORTFOLIO LTD 940 2
FOCUS SHARES & SECURITIES PVT LTD Broker Detail... 927 2
REYMOUNT SECURITIES PVT LTD 863 1
FICUS SECURITIES PVT LTD 862 1
CHUKNOO SECURITIES LTD 849 1
SENATOR SECURITIES PVT LTD 823 1
S G STOCK SERVICES LTD 800 1
QUANTUM GLOBAL SECURITIES & LEASING CO. LTD 763 1
NCJ SHARE & STOCK BROKERS LTD 739 1
BASAN EQUITY BROKING LTD 713 2
DIVYA PORTFOLIO PVT LTD 706 1
KASS SECURITIES PVT LTD 687 1
RAGHUKUL SHARES INDIA PVT LTD 681 1
SIC STOCKS & SERVICES PVT LTD Broker Detail... 674 1
RELIGARE CAPITAL MARKETS LTD 664 1
RTG SHARE BROKING LTD 655 1
SAFFRON GLOBAL MARKETS PVT LTD 584 1
MALIRAM MAKHARIA FINSTOCK PVT LTD 510 1
GROWTH AVENUES LTD 510 1
PREMIER SHARES LTD 503 1
RAJESH JAIN PORTFOLIO PVT LTD 500 1
ROHINI CAPITAL SERVICES LTD 496 1
RKG SHARE BROKERS PVT LTD 485 1
PRIME BROKING COMPANY INDIA LTD 461 2
SURYA SHAKTI INDIA FINANCIAL PVT LTD 453 1
AXIS SHARES & SECURITIES PVT LTD 427 3
DHYAN SECURITIES PVT LTD 425 1
INVESTERIA FINANCIAL SERVICES PVT LTD 394 2
PRAKASH K SHAH SHARES & SECURITIES PVT LTD 389 2
ROYAL INTERNATIONAL SHARES PVT LTD 386 23
MAX PLANWEALTH SECURITIES LTD 346 4
INTERACTIVE BROKERS INDIA PVT LTD 345 2
S.P.JAIN SECURITIES PVT LTD 316 1
HRIM FINANCE & SECURITIES PVT LTD 224 1
TOWER CAPITAL & SECURITIES PVT LTD 221 1
BHANSALI VALUE CREATIONS PVT LTD 211 1
ACHINTYA SECURITIES 162 2
ANG CAPITAL SERVICES PVT LTD 149 1
ASHMAN FINSTOCK PVT LTD 135 2
RAJCHANDRA CAPITAL SERVICES PVT LTD 133 1
CORE FISCAL SERVICES PVT LTD 126 5
MONEYPLEX SECURITIES PVT LTD 85 1
BURGEON SECURITIES 77 4
DHAN STOCK & SHARE BROKERS PVT LTD 76 1
ANGEL SECURITIES LTD 75 1
SAI SOFT SECURITIES LTD 68 1
STANDARD SECURITIES & INVESTMENT INTERMEDIATES LTD 47 2
KMS STOCK BROKING CO PVT LTD 44 1
KOTAK MAHINDRA SECURITIES LTD 5 7
ACHIEVERS SECURITIES PVT LTD 4 1
INDIABULLS BROKERAGE LTD 1 4

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