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Broker Complaints in FY 2016-17 at NSE

Exchange:  NSE
Financial Year:  2016-17
Last Updated:  Saturday, May 26, 2018

List of complaints received against stock / commodity brokers at NSE in financial year 2016-17. 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 2016-17

Broker Name Broker Detail Number of Clients   Know more Total Complaints   Know more
ICICI SECURITIES LTD Broker Detail... 618,359 132
HDFC SECURITIES LTD Broker Detail... 483,244 95
SHAREKHAN LTD Broker Detail... 366,468 104
KOTAK SECURITIES LTD Broker Detail... 273,895 123
AXIS SECURITIES LTD Broker Detail... 259,006 32
ANGEL BROKING PVT LTD Broker Detail... 230,194 328
MOTILAL OSWAL SECURITIES LTD Broker Detail... 207,194 119
INDIA INFOLINE LTD Broker Detail... 197,996 220
KARVY STOCK BROKING LTD Broker Detail... 181,384 150
SBICAP SECURITIES LTD Broker Detail... 169,345 88
ZERODHA Broker Detail... 165,586 99
GEOJIT BNP PARIBAS FINANCIAL SERVICES LTD Broker Detail... 160,317 32
RELIGARE SECURITIES LTD Broker Detail... 120,758 83
RELIANCE SECURITIES LTD Broker Detail... 83,430 75
EDELWEISS BROKING LTD Broker Detail... 74,631 100
SMC GLOBAL SECURITIES LTD Broker Detail... 74,227 55
NIRMAL BANG SECURITIES PVT LTD Broker Detail... 72,795 91
VENTURA SECURITIES LTD Broker Detail... 68,519 46
ANAND RATHI SHARE & STOCK BROKERS LTD Broker Detail... 64,451 44
MARWADI SHARES & FINANCE LTD Broker Detail... 53,712 7
MONARCH NETWORTH CAPITAL LTD 45,555 32
TRADEBULLS SECURITIES PVT LTD Broker Detail... 41,810 83
ADITYA BIRLA MONEY LTD Broker Detail... 40,316 57
INDIABULLS VENTURES LTD Broker Detail... 39,485 57
BONANZA PORTFOLIO LTD Broker Detail... 37,115 21
MASTER CAPITAL SERVICES LTD Broker Detail... 34,623 32
INTEGRATED ENTERPRISES INDIA LTD 34,328 14
JAINAM SHARE CONSULTANTS PVT LTD Broker Detail... 32,092 3
JM FINANCIAL SERVICES LTD Broker Detail... 32,032 7
SHRIRAM INSIGHT SHARE BROKERS LTD 30,830 18
BMA WEALTH CREATORS LTD 28,988 151
SHRI PARASRAM HOLDINGS PVT LTD Broker Detail... 28,660 2
SUSHIL FINANCIAL SERVICES PVT LTD Broker Detail... 27,196 7
INDITRADE CAPITAL LTD 26,669 14
JHAVERI SECURITIES LTD 26,011 3
IDBI CAPITAL MARKETS & SECURITIES LTD Broker Detail... 24,991 12
WAY2WEALTH BROKERS PVT LTD Broker Detail... 23,466 3
ARIHANT CAPITAL MARKETS LTD Broker Detail... 22,777 1
LKP SECURITIES LTD Broker Detail... 22,671 43
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD Broker Detail... 21,348 4
GLOBE CAPITAL MARKET LTD Broker Detail... 20,990 49
EUREKA STOCK & SHARE BROKING SERVICES LTD Broker Detail... 19,849 1
SAMCO SECURITIES LTD Broker Detail... 18,176 19
SWASTIKA INVESTMART LTD 17,467 31
RKSV SECURITIES INDIA PVT LTD Broker Detail... 17,229 21
SURESH RATHI SECURITIES PVT LTD 17,092 2
ALANKIT ASSIGNMENTS LTD Broker Detail... 17,055 10
KIFS TRADE CAPITAL PVT LTD Broker Detail... 15,626 3
ASE CAPITAL MARKETS LTD Broker Detail... 14,986 2
EMKAY GLOBAL FINANCIAL SERVICES LTD Broker Detail... 14,589 9
ASHIKA STOCK BROKING LTD Broker Detail... 14,543 4
PRABHUDAS LILLADHER PVT LTD Broker Detail... 14,175 5
STEEL CITY SECURITIES LTD 13,608 5
ISE SECURITIES & SERVICES LTD Broker Detail... 13,083 6
ARCADIA SHARE & STOCK BROKERS PVT LTD Broker Detail... 13,034 9
SHCIL SERVICES LTD 12,299 8
GOLDMINE STOCKS PVT LTD Broker Detail... 12,058 2
VNS FINANCE & CAPITAL SERVICES LTD Broker Detail... 11,995 6
PRUDENT BROKING SERVICES PVT LTD 11,772 12
TRUSTLINE SECURITIES LTD Broker Detail... 11,414 15
BGSE FINANCIALS LTD Broker Detail... 10,898 2
PRAVIN RATILAL SHARE & STOCK BROKERS LTD 10,887 1
PHILLIPCAPITAL INDIA PVT LTD Broker Detail... 10,697 10
DBFS SECURITIES LTD 10,239 5
SS CORPORATE SECURITIES LTD Broker Detail... 10,078 6
INDIANIVESH SECURITIES LTD 10,058 16
PCS SECURITIES LTD 9,909 1
YES SECURITIES INDIA LTD Broker Detail... 9,634 9
FAIRWEALTH SECURITIES LTD 9,607 14
SOUTH ASIAN STOCKS LTD Broker Detail... 9,384 5
R K GLOBAL SHARES & SECURITIES LTD Broker Detail... 9,346 5
ADROIT FINANCIAL SERVICES PVT LTD 9,005 6
RATNAKAR SECURITIES PVT LTD Broker Detail... 8,867 2
SSJ FINANCE & SECURITIES PVT LTD Broker Detail... 8,624 7
SHREE BAHUBALI INTERNATIONAL LTD 8,560 3
INTIME EQUITIES LTD 8,368 13
GUINESS SECURITIES LTD 8,321 6
BANSAL FINSTOCK PVT LTD Broker Detail... 8,291 13
STANDARD CHARTERED SECURITIES INDIA LTD 8,046 8
LSE SECURITIES LTD 7,753 2
MANGAL KESHAV SECURITIES LTD Broker Detail... 7,713 3
PACE STOCK BROKING SERVICES PVT LTD Broker Detail... 7,636 5
LATIN MANHARLAL SECURITIES PVT LTD Broker Detail... 7,619 1
MANSUKH SECURITIES & FINANCE LTD 7,593 3
HEDGE EQUITIES LTD 7,543 1
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD 7,375 41
KISAN RATILAL CHOKSEY SHARES & SECURITIES PRIVATE LIMTIED 7,336 1
KUNVARJI FINSTOCK PVT LTD 7,306 1
CAPSTOCKS & SECURITIES INDIA PVT LTD 7,252 1
MUTHOOT SECURITIES LTD 7,149 1
B N RATHI SECURITIES LTD 7,005 1
BP EQUITIES PVT LTD Broker Detail... 6,898 1
SYKES & RAY EQUITIES INDIA LTD Broker Detail... 6,848 1
DESTIMONEY SECURITIES PVT LTD Broker Detail... 6,805 16
CHOICE EQUITY BROKING PVT LTD Broker Detail... 6,520 15
MICROSEC CAPITAL LTD Broker Detail... 6,344 4
INDBANK MERCHANT BANKING SERVICES LTD 6,096 1
ANUGRAH STOCK & BROKING PVT LTD Broker Detail... 5,880 1
SUNIDHI SECURITIES & FINANCE LTD Broker Detail... 5,809 1
CONSORTIUM SECURITIES PVT LTD 5,766 1
IFCI FINANCIAL SERVICES LTD 5,760 6
NAVIA MARKETS LTD Broker Detail... 5,752 6
RUDRA SHARES & STOCK BROKERS LTD Broker Detail... 5,606 2
SPFL SECURITIES LTD Broker Detail... 5,599 1
ELITE WEALTH ADVISORS LTD 5,007 3
TATA SECURITIES LTD 4,979 8
NJ INDIA INVEST PVT LTD 4,851 3
C.D. EQUISEARCH PVT LTD 4,735 14
SYSTEMATIX SHARES & STOCKS INDIA LTD Broker Detail... 4,683 4
PEERLESS SECURITIES LTD Broker Detail... 4,554 12
CELEBRUS CAPITAL LTD 4,551 2
INVENTURE GROWTH & SECURITIES LTD Broker Detail... 4,505 2
ALICE BLUE SECURITIES PVT LTD Broker Detail... 4,476 30
MPSE SECURITIES LTD 4,357 1
VRISE SECURITIES PVT LTD 4,253 9
WELLWORTH SHARE & STOCK BROKING LTD Broker Detail... 4,141 2
ACUMEN CAPITAL MARKET INDIA LTD 4,130 5
INDUS PORTFOLIO PVT LTD Broker Detail... 4,004 2
SKSE SECURITIES LTD 3,976 2
INDIA ADVANTAGE SECURITIES PVT LTD 3,782 3
SHREE KANHA STOCK BROKING PVT LTD 3,764 1
5PAISA CAPITAL LTD Broker Detail... 3,652 2
MARFATIA STOCK BROKING PVT LTD Broker Detail... 3,539 2
SAURIN INVESTMENTS PVT LTD 3,523 1
EXCLUSIVE SECURITIES LTD 3,449 1
BALANCE EQUITY BROKING INDIA PVT LTD 3,423 1
DYNAMIC EQUITIES PVT LTD 3,272 4
ZUARI INVESTMENTS LTD 3,152 1
ASTHA CREDIT & SECURITIES PVT LTD 3,141 7
SATCO CAPITAL MARKETS LTD Broker Detail... 3,041 6
KAYNET FINANCE LTD 3,031 15
NG RATHI INVESTRADES PRIVATED LTD 2,864 5
DIMENSIONAL SECURITIES PVT LTD 2,862 2
ATS SHARE BROKERS PVT LTD 2,836 6
VIKSON SECURITIES PVT LTD 2,832 2
WEALTH MANTRA LTD 2,830 1
FORTUNE CAPITAL SERVICES PVT LTD 2,818 3
ABHIPRA CAPITAL LTD 2,757 2
VOGUE COMMERCIAL COMPANY LTD 2,735 1
SUGAL & DAMANI SHARE BROKERS LTD 2,705 1
INTEGRATED MASTER SECURITIES PVT LTD Broker Detail... 2,704 1
HSE SECURITIES LTD 2,675 1
JYOTI PORTFOLIO PVT LTD 2,651 5
VCK SHARE & STOCK BROKING SERVICES LTD 2,591 1
AMBALAL SHARES & STOCKS PVT LTD 2,457 4
KANTILAL CHHAGANLAL SECURITIES PVT LTD Broker Detail... 2,433 1
SW CAPITAL PVT LTD Broker Detail... 2,427 12
JUST TRADE SECURITIES LTD Broker Detail... 2,386 1
EASTERN FINANCIERS LTD 2,326 1
A . G. SHARES & SECURITIES LTD 2,252 1
ASHLAR SECURITIES PVT LTD Broker Detail... 2,243 5
A. G. SHARES & SECURITIES LTD 2,230 1
COMPETENT FINMAN PVT LTD 2,157 1
ARHAM SHARE CONSULTANTS PVT LTD 2,149 8
MODEX INTERNATIONAL SECURITIES LTD Broker Detail... 2,097 7
NORTHEAST BROKING SERVICES LTD 2,033 2
MULTIPLEX CAPITAL LTD 1,938 4
MEHTA EQUITIES LTD 1,870 1
KALPATARU MULTIPLIER LTD 1,804 2
BALAJI EQUITIES LTD 1,787 1
SHARE INDIA SECURITIES LTD Broker Detail... 1,776 1
ALMONDZ GLOBAL SECURITIES LTD 1,754 3
RAGHUNANDAN CAPITAL PVT LTD Broker Detail... 1,692 1
CIL SECURITIES LTD 1,687 1
PROFITMART SECURITIES PVT LTD 1,646 3
F6 FINSERVE PVT LTD 1,601 21
GOGIA CAPITAL SERVICES LTD Broker Detail... 1,551 2
COMPOSITE INVESTMENTS PVT LTD Broker Detail... 1,515 1
BEELINE BROKING LTD 1,505 1
ACHIIEVERS EQUITIES LTD Broker Detail... 1,503 4
ESCORTS SECURITIES LTD 1,502 3
ANKIT SECURITIES & FINANCE COMPANY PVT LTD 1,500 1
MOTISONS SHARES PVT LTD 1,454 1
PSB SECURITIES LTD 1,450 2
MLB CAPITAL PVT LTD 1,449 2
ANUSH SHARES & SECURITIES PVT LTD 1,406 1
GCL SECURITIES PVT LTD 1,334 4
SACHDEVA STOCKS PVT LTD 1,230 2
KARUNA FINANCIAL SERVICES PVT LTD 1,226 1
AUM CAPITAL MARKET PVT LTD 1,210 1
VERACITY FINANCIAL SERVICES PVT LTD 1,191 2
FINDOC INVESTMART PVT LTD 1,176 6
BERKELEY SECURITIES LTD 1,156 5
EAST INDIA SECURITIES LTD 1,156 1
EDELWEISS SECURITIES LTD 1,140 11
SKUNG TRADELINK LTD 1,134 11
SAAKETA CONSULTANTS LTD 1,134 2
COMFORT SECURITIES LTD 1,111 8
BEZEL STOCK BROKERS PVT LTD 1,099 15
BADJATE STOCK & SHARES PVT LTD Broker Detail... 1,093 3
SPA SECURITIES LTD 1,087 2
INDOVISION SECURITIES LTD 1,060 1
MAX STOCK BROKING PVT LTD 1,008 1
MAXGROWTH CAPITAL PVT LTD 992 2
J M GLOBAL EQUITIES PVT LTD 992 4
M3 MULTIPLE SECURITIES BROKERS PVT LTD 983 1
SHREE TISAI CONSULTANT PVT LTD 940 1
GREENBUCKS SECURITIES PVT LTD 932 3
AMBIT SECURITIES BROKING PVT LTD 902 2
NARAYAN SECURITIES LTD 900 1
FINVASIA SECURITIES PVT LTD Broker Detail... 894 2
KRIPA SECURITIES PVT LTD 893 2
GROVALUE SECURITIES PVT LTD 870 6
LFS BROKING PVT LTD 802 2
URJA INVESTMENT PVT LTD 779 1
VEDIKA SECURITIES PVT LTD Broker Detail... 777 1
ADWEALTH STOCK BROKING PVT LTD 743 1
TRANSWORLD SECURITIES LTD 704 1
VACHANA INVESTMENTS PVT LTD 703 5
FICUS SECURITIES PVT LTD 700 1
SUNLIGHT BROKING LLP Broker Detail... 664 1
CPR CAPITAL SERVICES LTD Broker Detail... 660 1
RR EQUITY BROKERS PVT LTD 598 2
RELIABLE STOCKS & SHARES INDIA LTD 571 2
BEST BULL STOCK TRADING 564 2
PRL STOCK & SHARE BROKERS PVT LTD 538 1
VGP PORTFOLIO 537 2
ACTION FINANCIAL SERVICES INDIA LTD 523 4
MULTIGAIN SECURITIES SERVICES PVT LTD 513 1
MSE FINANCIAL SERVICES LTD 510 1
WEALTH DISCOVERY SECURITIES PVT LTD 475 1
KHAMBATTA SECURITIES LTD 464 1
PRRSAAR 410 3
TWIN EARTH SECURITIES PVT LTD 409 1
JADE SECURITIES PVT LTD 409 4
INTELLECT STOCK BROKING LTD 398 2
DIVYA PORTFOLIO PVT LTD 398 2
ABIRA SECURITIES LTD 367 2
NNM SECURITIES PVT LTD 357 1
I VENTURES CAPITAL PVT LTD 338 2
ACHINTYA SECURITIES PVT LTD 336 2
RTG SHARE BROKING LTD 333 7
PREM SOMANI SHARE BROKERS PVT LTD 330 3
PROFICIENT EQUITIES PVT LTD 295 1
AMRAPALI CAPITAL & FINANCE SERVICES LTD Broker Detail... 277 1
KEYNOTE CAPITALS LTD 253 1
SIC STOCKS & SERVICES PVT LTD Broker Detail... 246 1
SAS BROKING PVT LTD 245 5
FLOURISH FINCAP PVT LTD 242 1
RAHUL SINGHAL PORTFOLIO 217 1
NAVJEEVAN EQUITY BROKING PVT LTD 212 1
4A SECURITIES LTD 212 2
TRADENEXT SECURITIES LTD 179 3
EXPONENTIAL FINANCIAL SERVICES PVT LTD 178 4
PURE BROKING PVT LTD 163 1
IIFL WEALTH MANAGEMENT LTD 142 2
SODHANI SECURITIES LTD 134 4
RELIGARE CAPITAL MARKETS LTD 129 1
OSWAL SHARES & SECURITIES LTD 127 1
TOTAL SECURITIES LTD 126 1
SAMRIDHI STOCKS PVT LTD 101 1
KRISHA INCAP SERVICES PVT LTD 91 2
PUG SECURITIES PVT LTD 85 2
PAN SECURITIES LTD 76 2
B S SECURITIES 74 1
KIMAYA SECURITIES & FINANCIAL SERVICES PVT LTD 73 1
NIRMAL BANG EQUITIES PVT LTD 63 1
MONEYPLEX SECURITIES PVT LTD 48 31
SPACE ANG INDIA CORPORATION 46 14
UNITY FINCAP PVT LTD 43 1
MAUZAMPURIA SECURITIES 27 1
SRI BHEEMESWARA SECURITIES PVT LTD 12 7
FORTUNE CAPITAL SERVICES 9 4
IDBI BANK LTD 7 1
RKG SHARE BROKERS PVT LTD 6 2
ICICI BANK LTD 3 1
CHINTAMANI SHARES & BROKING LTD 3 1
RSG SHARE & STOCK BROKERS LTD 1 2
MRC CONSULTANCY PVT LTD 1 1
AXIS BANK LTD 1 1
EDELCAP SECURITIES LTD 1 1
ICICI SECURITIES PRIMARY DEALERSHIP LTD 1 5

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