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Broker Complaints 2012-13 at BSE

Exchange:  BSE
Financial Year:  2012-13

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.

Broker Complaints 2012-13 at BSE

Broker Name Clients Complaints Broker Review Broker Complaints
ICICI SECURITIES LTD2,202,80381ICICIDirect ReviewComplaints against ICICIDirect
HDFC SECURITIES LTD1,336,95912HDFC Securities ReviewComplaints against HDFC Securities
SHAREKHAN LTD1,129,26142Sharekhan ReviewComplaints against Sharekhan
INDIA INFOLINE LTD1,040,291128India Infoline (IIFL) ReviewComplaints against India Infoline (IIFL)
ANGEL BROKING PVT LTD950,151187Angel Broking ReviewComplaints against Angel Broking
RELIGARE SECURITIES LTD795,80351Religare ReviewComplaints against Religare
KOTAK SECURITIES LTD712,31346Kotak Securities ReviewComplaints against Kotak Securities
RELIANCE SECURITIES LTD686,42532Reliance Securities ReviewComplaints against Reliance Securities
MOTILAL OSWAL SECURITIES LTD642,40350Motilal Oswal ReviewComplaints against Motilal Oswal
INDIABULLS VENTURES LTD590,01848Indiabulls ReviewComplaints against Indiabulls
GEOJIT BNP PARIBAS FINANCIAL SERVICES LTD499,30814Geojit ReviewComplaints against Geojit
KARVY STOCK BROKING LTD464,14340Karvy ReviewComplaints against Karvy
ANAND RATHI SHARE & STOCK BROKERS LTD306,91744Anand Rathi ReviewComplaints against Anand Rathi
SMC GLOBAL SECURITIES LTD294,40549SMC Global ReviewComplaints against SMC Global
SBICAP SECURITIES LTD274,42321SBI Securities ReviewComplaints against SBI Securities
BONANZA PORTFOLIO LTD259,29022Bonanza ReviewComplaints against Bonanza
ANAND RATHI FINANCIAL SERVICES LTD252,9541Complaints against ANAND RATHI FINANCIAL SERVICES LTD
EDELWEISS FINANCIAL ADVISORS LTD222,65113Complaints against EDELWEISS FINANCIAL ADVISORS LTD
ADITYA BIRLA MONEY LTD219,16323Aditya Birla Money ReviewComplaints against Aditya Birla Money
ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD217,0379Asit C.Mehta ReviewComplaints against Asit C.Mehta
HSBC INVESTDIRECT SECURITIES INDIA LTD196,73620Complaints against HSBC INVESTDIRECT SECURITIES INDIA LTD
AXIS CAPITAL LTD168,1304Complaints against AXIS CAPITAL LTD
NIRMAL BANG SECURITIES PVT LTD162,86233Nirmal Bang ReviewComplaints against Nirmal Bang
MARWADI SHARES & FINANCE LTD156,1496Marwadi Shares ReviewComplaints against Marwadi Shares
SHCIL SERVICES LTD155,51510Complaints against SHCIL SERVICES LTD
STANDARD CHARTERED SECURITIES INDIA LTD141,40110Bonanza ReviewComplaints against Bonanza
SHRIRAM INSIGHT SHARE BROKERS LTD138,4707Complaints against SHRIRAM INSIGHT SHARE BROKERS LTD
VENTURA SECURITIES LTD138,10415Ventura ReviewComplaints against Ventura
SUSHIL FINANCIAL SERVICES PVT LTD129,5526Sushil Financial ReviewComplaints against Sushil Financial
ARCADIA SHARE & STOCK BROKERS PVT LTD126,50917Arcadia ReviewComplaints against Arcadia
UNICON SECURITIES PVT LTD120,06415Complaints against UNICON SECURITIES PVT LTD
EMKAY GLOBAL FINANCIAL SERVICES LTD118,7168Emkay Global ReviewComplaints against Emkay Global
NETWORTH STOCK BROKING LTD111,16322Beeline ReviewComplaints against Beeline
BMA WEALTH CREATORS LTD107,39070Complaints against BMA WEALTH CREATORS LTD
MASTER CAPITAL SERVICES LTD107,2857MyValueTrade ReviewComplaints against MyValueTrade
JM FINANCIAL SERVICES LTD105,4458JM Financial ReviewComplaints against JM Financial
EDELWEISS BROKING LTD103,09921Edelweiss ReviewComplaints against Edelweiss
JRG SECURITIES LTD102,28335Complaints against JRG SECURITIES LTD
IDBI CAPITAL MARKET SERVICES LTD99,4189IDBI Capital ReviewComplaints against IDBI Capital
SHRI PARASRAM HOLDINGS PVT LTD98,8703Shri Parasram Holdings ReviewComplaints against Shri Parasram Holdings
ASE CAPITAL MARKETS LTD94,2161Ase Capital ReviewComplaints against Ase Capital
ARIHANT CAPITAL MARKETS LTD93,0572Arihant Capital ReviewComplaints against Arihant Capital
HEM SECURITIES LTD90,0619Hem Securities ReviewComplaints against Hem Securities
MONARCH RESEARCH & BROKERAGE PVT LTD84,4864Complaints against MONARCH RESEARCH & BROKERAGE PVT LTD
JHAVERI SECURITIES LTD83,7971Complaints against JHAVERI SECURITIES LTD
ASHIKA STOCK BROKING LTD83,2442Ashika Broking ReviewComplaints against Ashika Broking
SHAH INVESTORS HOME LTD79,1471Shah Investors Home ReviewComplaints against Shah Investors Home
ALANKIT ASSIGNMENTS LTD76,9054Alankit Assignments ReviewComplaints against Alankit Assignments
LKP SECURITIES LTD72,3444LKP Securities ReviewComplaints against LKP Securities
GLOBE CAPITAL MARKET LTD69,24617Globe Capital ReviewComplaints against Globe Capital
TRUSTLINE SECURITIES LTD67,71815Trustline ReviewComplaints against Trustline
MANGAL KESHAV SECURITIES LTD66,0631Mangal Keshav ReviewComplaints against Mangal Keshav
KANTILAL CHHAGANLAL SECURITIES PVT LTD64,8588Kantilal Chhaganlal ReviewComplaints against Kantilal Chhaganlal
ISE SECURITIES & SERVICES LTD64,6525ISE Securities ReviewComplaints against ISE Securities
MANSUKH STOCK BROKERS LTD64,6375Mansukh ReviewComplaints against Mansukh
PRABHUDAS LILLADHER PVT LTD63,3214Prabhudas Lilladher ReviewComplaints against Prabhudas Lilladher
STEEL CITY SECURITIES LTD59,9653Complaints against STEEL CITY SECURITIES LTD
WAY2WEALTH BROKERS PVT LTD59,07919Way2wealth ReviewComplaints against Way2wealth
JAINAM SHARE CONSULTANTS PVT LTD58,1021Jainam Share ReviewComplaints against Jainam Share
PHILLIPCAPITAL INDIA PVT LTD58,0002Phillipcapital ReviewComplaints against Phillipcapital
JOINDRE CAPITAL SERVICES LTD57,9662Joindre Capital ReviewComplaints against Joindre Capital
SYKES & RAY EQUITIES INDIA LTD57,5943Sykes Ray ReviewComplaints against Sykes Ray
KISAN RATILAL CHOKSEY SHARES & SECURITIES PVT LTD53,8663Kisan Ratilal Choksey ReviewComplaints against Kisan Ratilal Choksey
SYSTEMATIX SHARES & STOCKS INDIA LTD48,2971Systematix ReviewComplaints against Systematix
SSJ FINANCE & SECURITIES PVT LTD45,6327SSJ Finance ReviewComplaints against SSJ Finance
FAIRWEALTH SECURITIES LTD43,80912Complaints against FAIRWEALTH SECURITIES LTD
GUINESS SECURITIES LTD38,91510Complaints against GUINESS SECURITIES LTD
DESTIMONEY SECURITIES PVT LTD38,2699Destimoney ReviewComplaints against Destimoney
JSEL SECURITIES LTD37,2823Complaints against JSEL SECURITIES LTD
MAGNUM EQUITY BROKING LTD36,8221Complaints against MAGNUM EQUITY BROKING LTD
TECHNO SHARES & STOCKS LTD36,7431Techno ReviewComplaints against Techno
SKSE SECURITIES LTD36,6341Complaints against SKSE SECURITIES LTD
MEHTA EQUITIES LTD36,2911Complaints against MEHTA EQUITIES LTD
SHILPA STOCK BROKER PVT LTD36,0641Complaints against SHILPA STOCK BROKER PVT LTD
P.C.S SECURITIES LTD35,5601Complaints against P.C.S SECURITIES LTD
FORTUNE EQUITY BROKERS INDIA LTD35,3636Complaints against FORTUNE EQUITY BROKERS INDIA LTD
INVENTURE GROWTH & SECURITIES LTD34,8611Inventure ReviewComplaints against Inventure
SWASTIKA INVESTMART LTD34,6523Complaints against SWASTIKA INVESTMART LTD
MICROSEC CAPITAL LTD34,2472Microsec Capital ReviewComplaints against Microsec Capital
LATIN MANHARLAL SECURITIES PVT LTD32,9081Latin Manharlal ReviewComplaints against Latin Manharlal
CONSORTIUM SECURITIES PVT LTD32,0172Complaints against CONSORTIUM SECURITIES PVT LTD
SIDDHI SHARES PVT LTD31,7511Complaints against SIDDHI SHARES PVT LTD
ITI FINANCIAL SERVICES LTD29,9485Complaints against ITI FINANCIAL SERVICES LTD
ADROIT FINANCIAL SERVICES PVT LTD28,8912Complaints against ADROIT FINANCIAL SERVICES PVT LTD
EDELWEISS SECURITIES LTD25,6413Complaints against EDELWEISS SECURITIES LTD
INDIA CAPITAL MARKETS PVT LTD25,5342Complaints against INDIA CAPITAL MARKETS PVT LTD
SPFL SECURITIES LTD24,3526SPFL Securities ReviewComplaints against SPFL Securities
ALMONDZ GLOBAL SECURITIES LTD23,8152Complaints against ALMONDZ GLOBAL SECURITIES LTD
DYNAMIC EQUITIES PVT LTD23,5332Complaints against DYNAMIC EQUITIES PVT LTD
ANUGRAH STOCK & BROKING PVT LTD23,2482Anugrah Broking ReviewComplaints against Anugrah Broking
WEALTH MANTRA LTD23,1691Complaints against WEALTH MANTRA LTD
SHAREWEALTH SECURITIES LTD22,5571Complaints against SHAREWEALTH SECURITIES LTD
KALPATARU MULTIPLIER LTD22,5161Complaints against KALPATARU MULTIPLIER LTD
INDUS PORTFOLIO PVT LTD22,2853Indus Portfolio ReviewComplaints against Indus Portfolio
ABHIPRA CAPITAL LTD21,82711Complaints against ABHIPRA CAPITAL LTD
CHOLAMANDALAM SECURITIES LTD21,6281Complaints against CHOLAMANDALAM SECURITIES LTD
EXCLUSIVE BROKING HOUSE LTD21,2361Complaints against EXCLUSIVE BROKING HOUSE LTD
PACE STOCK BROKING SERVICES PVT LTD20,6782Pace ReviewComplaints against Pace
BCB BROKERAGE PVT LTD20,5021BCB Brokerage ReviewComplaints against BCB Brokerage
TRUSTED SHARES & INVESTMENTS LTD20,0951Complaints against TRUSTED SHARES & INVESTMENTS LTD
RR EQUITY BROKERS PVT LTD19,9563Complaints against RR EQUITY BROKERS PVT LTD
BP EQUITIES PVT LTD18,3483BP Equities ReviewComplaints against BP Equities
SKP SECURITIES LTD17,9351Complaints against SKP SECURITIES LTD
IFCI FINANCIAL SERVICES LTD17,7124Complaints against IFCI FINANCIAL SERVICES LTD
INDIRA SECURITIES PVT LTD17,1022Indira Securities ReviewComplaints against Indira Securities
BRICS SECURITIES LTD16,7073Complaints against BRICS SECURITIES LTD
INDIA ADVANTAGE SECURITIES LTD16,5795India Advantage ReviewComplaints against India Advantage
ELITE WEALTH ADVISORS LTD16,5672Complaints against ELITE WEALTH ADVISORS LTD
RATNAKAR SECURITIES PVT LTD16,3571Ratnakar Securities ReviewComplaints against Ratnakar Securities
DANI SHARES & STOCKS PVT LTD16,3251Dani Shares ReviewComplaints against Dani Shares
MPSE SECURITIES LTD16,1461Complaints against MPSE SECURITIES LTD
C.D. EQUISEARCH PVT LTD16,05418Complaints against C.D. EQUISEARCH PVT LTD
TATA SECURITIES LTD15,5583Complaints against TATA SECURITIES LTD
INTEGRATED ENTERPRISES INDIA LTD15,4521Complaints against INTEGRATED ENTERPRISES INDIA LTD
NAVKAR SHARE & STOCK BROKERS PVT LTD14,0881Complaints against NAVKAR SHARE & STOCK BROKERS PVT LTD
KAYNET CAPITAL LTD13,7954Kaynet Capital ReviewComplaints against Kaynet Capital
BAKLIWAL FINANCIAL SERVICES INDIA PVT LTD13,0872Complaints against BAKLIWAL FINANCIAL SERVICES INDIA PVT LTD
CITIGROUP GLOBAL MARKETS INDIA PVT LTD12,3441Complaints against CITIGROUP GLOBAL MARKETS INDIA PVT LTD
INTEGRATED MASTER SECURITIES PVT LTD12,0841Integrated Master ReviewComplaints against Integrated Master
INDIANIVESH SECURITIES PVT LTD11,9543Complaints against INDIANIVESH SECURITIES PVT LTD
DEAL DEPOT BROKERAGE PVT LTD11,9401Complaints against DEAL DEPOT BROKERAGE PVT LTD
JHP SECURITIES PVT LTD11,7941Complaints against JHP SECURITIES PVT LTD
FULLERTON SECURITIES & WEALTH ADVISORS LTD11,3971Complaints against FULLERTON SECURITIES & WEALTH ADVISORS LTD
R WADIWALA SECURITIES PVT LTD11,3661Complaints against R WADIWALA SECURITIES PVT LTD
ZUARI INVESTMENTS LTD11,3653Complaints against ZUARI INVESTMENTS LTD
SANGHAVI BROTHERS BROKERAGE LTD11,2241Sanghavi Brothers ReviewComplaints against Sanghavi Brothers
SUGAL & DAMANI SHARE BROKERS LTD11,1581Complaints against SUGAL & DAMANI SHARE BROKERS LTD
VERTEX SECURITIES LTD10,5331Complaints against VERTEX SECURITIES LTD
GIGANTIC SECURITIES LTD10,2142Complaints against GIGANTIC SECURITIES LTD
CENTRUM BROKING LTD10,1812Complaints against CENTRUM BROKING LTD
SPA SECURITIES LTD8,5931Complaints against SPA SECURITIES LTD
BNR CAPITAL SERVICES PVT LTD8,4771Complaints against BNR CAPITAL SERVICES PVT LTD
AJMERA ASSOCIATES LTD8,4161Complaints against AJMERA ASSOCIATES LTD
MODEX INTERNATIONAL SECURITIES LTD8,2983Modex International ReviewComplaints against Modex International
SEEMA SECURITIES PVT LTD8,2301Complaints against SEEMA SECURITIES PVT LTD
PEERLESS SECURITIES LTD7,8351Peerless Securities ReviewComplaints against Peerless Securities
STEWART & MACKERTICH WEALTH MANAGEMENT LTD7,7051Complaints against STEWART & MACKERTICH WEALTH MANAGEMENT LTD
SPAN CAPLEASE PVT LTD7,1561Complaints against SPAN CAPLEASE PVT LTD
BEST BULL STOCK TRADING PVT LTD7,0232Complaints against BEST BULL STOCK TRADING PVT LTD
NINE STAR BROKING PVT LTD6,8561Complaints against NINE STAR BROKING PVT LTD
PATERSON SECURITIES PVT LTD6,6451Paterson Securities ReviewComplaints against Paterson Securities
RAGA SECURITIES & FINANCE PVT LTD6,4652Complaints against RAGA SECURITIES & FINANCE PVT LTD
KEYNOTE CAPITALS LTD5,7748Complaints against KEYNOTE CAPITALS LTD
SMART EQUITY BROKERS PVT LTD5,7562Complaints against SMART EQUITY BROKERS PVT LTD
FINQUEST SECURITIES PVT LTD5,5321Complaints against FINQUEST SECURITIES PVT LTD
PRUDENT BROKING SERVICES PVT LTD5,5021Complaints against PRUDENT BROKING SERVICES PVT LTD
CAPITAL FIRST SECURITIES LTD5,4745Complaints against CAPITAL FIRST SECURITIES LTD
B.R.JALAN SECURITIES PVT LTD5,1261Complaints against B.R.JALAN SECURITIES PVT LTD
BANSAL FINSTOCK PVT LTD5,0672Bansal Finstock ReviewComplaints against Bansal Finstock
NNM SECURITIES PVT LTD5,0441Complaints against NNM SECURITIES PVT LTD
FRR SHARES & SECURITIES LTD4,9121Complaints against FRR SHARES & SECURITIES LTD
WELLINDIA SECURITIES LTD4,6652Complaints against WELLINDIA SECURITIES LTD
NAVJEEVAN EQUITY BROKING PVT LTD4,4403Complaints against NAVJEEVAN EQUITY BROKING PVT LTD
B.M.GANDHI SECURITIES PVT LTD4,1791Complaints against B.M.GANDHI SECURITIES PVT LTD
TRANSWORLD SECURITIES LTD3,9671Complaints against TRANSWORLD SECURITIES LTD
VASANTI SHARE BROKERS LTD3,9201Complaints against VASANTI SHARE BROKERS LTD
FIRST GLOBAL STOCKBROKING PVT LTD3,8221Complaints against FIRST GLOBAL STOCKBROKING PVT LTD
VISHESH CAPITAL PVT LTD3,1851Complaints against VISHESH CAPITAL PVT LTD
Ashlar Securities PVT LTD2,9761Wisdom Capital ReviewComplaints against Wisdom Capital
NCJ SHARE & STOCK BROKERS LTD2,9102Complaints against NCJ SHARE & STOCK BROKERS LTD
R.B.K.SHARE BROKING LTD2,8301Complaints against R.B.K.SHARE BROKING LTD
PRAKASH K SHAH SHARES & SECURITIES PVT LTD2,5741Complaints against PRAKASH K SHAH SHARES & SECURITIES PVT LTD
SOMAYAJULU & CO. LTD2,52911Complaints against SOMAYAJULU & CO. LTD
FALCON BROKERAGE PVT LTD2,4321Complaints against FALCON BROKERAGE PVT LTD
DHYAN STOCK BROKING PVT LTD2,2282Complaints against DHYAN STOCK BROKING PVT LTD
ATLANTA SHARE SHOPEE LTD1,9492Complaints against ATLANTA SHARE SHOPEE LTD
Greenbucks Securities PVT Ltd1,7921Complaints against Greenbucks Securities PVT Ltd
RELIGARE CAPITAL MARKETS LTD1,7471Complaints against RELIGARE CAPITAL MARKETS LTD
AXIS EQUITIES PVT LTD1,5341Complaints against AXIS EQUITIES PVT LTD
SOUTH GUJARAT SHARES & SHAREBROKERS LTD1,3961South Gujarat Shares ReviewComplaints against South Gujarat Shares
MANOJ JAVERI STOCK BROKING PVT LTD1,3361Complaints against MANOJ JAVERI STOCK BROKING PVT LTD
AN Capital Markets LTD1,0871Complaints against AN Capital Markets LTD
INDIA SECURITIES BROKING PVT LTD9271Complaints against INDIA SECURITIES BROKING PVT LTD
SENATOR SECURITIES PVT LTD9021Complaints against SENATOR SECURITIES PVT LTD
GALAXY BROKING LTD8471Complaints against GALAXY BROKING LTD
KMS STOCK BROKING CO PVT LTD7501Complaints against KMS STOCK BROKING CO PVT LTD
HARENDRA D.MEHTA SHARE & STOCK BROKERS PVT LTD7461Complaints against HARENDRA D.MEHTA SHARE & STOCK BROKERS PVT LTD
RTG SHARE BROKING LTD6631Complaints against RTG SHARE BROKING LTD
AMRAPALI AADYA TRADING & INVESTMENT PVT LTD6374Complaints against AMRAPALI AADYA TRADING & INVESTMENT PVT LTD
NAVKAR WEALTH SERVICES PVT LTD6202Complaints against NAVKAR WEALTH SERVICES PVT LTD
SUMPOORNA PORTFOLIO LTD5932Complaints against SUMPOORNA PORTFOLIO LTD
AXIS SHARES & SECURITIES PVT LTD5481Complaints against AXIS SHARES & SECURITIES PVT LTD
ACHIIEVERS EQUITIES LTD5239Achiievers ReviewComplaints against Achiievers
BIPIN K.KAPADIA (I. T. NANAVATI)4681Complaints against BIPIN K.KAPADIA (I. T. NANAVATI)
CANON CAPITAL & FINANCE LTD4501Complaints against CANON CAPITAL & FINANCE LTD
MAX PLANWEALTH SECURITIES LTD4383Complaints against MAX PLANWEALTH SECURITIES LTD
PUG SECURITIES PVT LTD4012Complaints against PUG SECURITIES PVT LTD
T R CAPITAL LTD3941Complaints against T R CAPITAL LTD
GATEWAY FINANCIAL SERVICES LTD3781Complaints against GATEWAY FINANCIAL SERVICES LTD
INVESTERIA FINANCIAL SERVICES PVT LTD3241Complaints against INVESTERIA FINANCIAL SERVICES PVT LTD
EQUISEARCH BROKING PVT LTD2841Complaints against EQUISEARCH BROKING PVT LTD
ARTISTIC FINANCE PVT LTD1971Complaints against ARTISTIC FINANCE PVT LTD
SAFFRON GLOBAL MARKETS PVT LTD1561Complaints against SAFFRON GLOBAL MARKETS PVT LTD
OBEROIS PORTFOLIO PVT LTD501Complaints against OBEROIS PORTFOLIO PVT LTD
ATS SHARE BROKERS PVT LTD51Complaints against ATS SHARE BROKERS PVT LTD



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