IndiaBulls Complaints & Reviews

Indiabulls squared off my Rs 7 lacs portfolio without any intimation to the client. I had more than 70% of equity shares in my portfolio and as per indiabulls norms they required just 25% of it. Even after that indiabulls squared off my whole portfolio in huge loss and still when they are not able to recover the money, now they are giving me mental truama to pay Rs 68, 000/- more.

Now i recieved a letter saying that pay the...

Hi
My name is Punit kumar prasad. I have given the req for demate account opening in Indiabulls in jaipur at johari bazar to RM Mr. Mayank Shukla.I have given the chq of amt rs. 900 on 08/01/08. the chq has been cleared but account has not been opened yet & also there is not any follow by RM Mr. Mayank Shukla regarding my case. Even I try to contact him on his mob# or office# he always says he will be calling up me withing...

Dear sir,
I am a day-trader and do the trading in Indiabulls account. About 4 months back i.e. on 15.10.2007, I sold shares of SAIL in Intraday and asked the operator to put a stop loss. The operator put the stop loss wrongly and consequently, it did not hit. The operator did not even check or inform me and at the end the day the shares were squarred off (bought) at a very high price resulting in a loss of more than Rs. 20,000/- Since...

Dear sir,
I am really fed up with the services rendered by Indiabulls. About 20 days back I was trying to open my trading terminal at home and accidentally I entered the wrong password. The trading terminal was disabled. Since the last 20 days, I have sent many mails to Helpdesk Indiabulls ( [protected]@indiabulls.com ) and my relationship manager Mr. Rahul Bajaj ( [protected]@indiabulls.com ) at Panipat and so far my trading terminal could...

Dear Sir,
We have recived a debit not from Indiabulls
With reference to the letter Sl.No.4966 for payment of dues for Rs.41,938/-, we would like to inform you that after we recieved the letter we followed the issue with our RM and asked about the daily margin report for January month. He has provided the data from 17th January only.
As per their system which has to carryout squaringoff the positions once the margin reaches...

SIR, WE HAVE 7380 SHARES OF ITC INDIA LTD FROM THE LAST 45 YEARS IN THE PHYSICAL FORM. NOW WE GOT OUR SHARES DEMAT IN 2003 FROM YOUR INDIA BULLS BRANCH AMBALA CANTT. NOW IN 2008 WE WANT TO SELL OUR SHARES BUT THE EMPLOYEE OF THAT BRANCH SAYING THAT THERE ARE NO SHARES IN UR ACC. HOW IS IT POSSIBLE IF I GOT DIVIDEND FROM CO. NOW IM FACING THIS PROBLEM FROM THE LAST 4 MONTHS AND NOBODY IS ENTERTAINING ME AT THAT BRANCH. SO PLEASE LET ME NO...

Hi,
I am an MBA aspirant from Mummbai University.On 2nd Jan 2008 I have applied for new DMAT account opening in INDIABULLS which is in Vashi. They promised me that they will be requiring 10 working days.
When I contacted them they said that it is in process. When again contaced they told me that they need a bank statement from me. I provided them and again I got afake promise of work will be done in 7 working days. i waited....

This is regarding indiabulls securities ltd they are not having proper professionals to handle public investments and same time they are worst in giving responce to public. they are one of the worst brokerage home in india. they are illitraly spoiling public money. they dont have ethics towords there employees. most of them are not qulified they are submitting all fake certificates and this guys they want brokerage not people money in safe...

We have a demat account with Indiabulls (Pathankot, Punjab Office) A/c No. 446276. We purchased the shares in the account on available limit on 22nd January and submitted the cheque for the amount (Rs. 130000) on 24th. The ICICI bank cleared the cheque on the same day as is being reflected in the mini statement of ICICI.

The amount is not yet credited in the demat account and the Manager Vikas is talking of squaring off the...

In the year 2004 the Relationship ManagerTRILOCHAN SAHOO, approached me to open an online trading Account with INDIABULLS SECURITIES LIMITED to trade in NSE,SAHOO ASSURED ME TO CHARGE LOWEST BROKERAGE,BUY TODAY SALE TOMORROW,TIMELY TRANSFER OF SHARES AND CASH AS PER T+2 SYSTEM,TIMELY SUPPLY OF CONTRACT NOTE AND STATEMENT OF ACCOUNT,TIMELY SUPPLY OF DELIVERY INSTRUCTION SLIP,INTER DEPOSITORY INSTRUCTION BOOK,DP TRANSACTION STATEMENT ON FORTNIGHTLY...

RESPECTED SIR,

I SUBMITTING MY COMPLAINT TO YOU I HOPE YOU WILL HELP ME... THE COMPLAINT DETAILS AS BELOW

PLEASE DON'T IGNORE....

THANK YOU AND ASSURING YOU TO FULLY CO-OPERATION.


REGARDS
DAVID



Dear Sir,

I have remember I signed the agreement for 24 EMI but that is you’re doing wrong with me or other customers....

indiabulls is a bugger of the first order ... saale ... we mba students had our summer internship in it , after slogging for 2 months we were supposed to get our stipend of rs.10000/- these refuse to pay it n are just delaying d issue ... i pledge i shall make this public n show them they cant take d issue lightly...