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Angel Broking Complaints & Reviews

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Updated: Jan 2, 2026
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M
mohit1127
from Delhi, Delhi
May 10, 2011
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Address: New Delhi, Delhi

On 30th March 2011, I have ordered Mr. Vasim Ahmed (Dealer of ANGEL BROKING) to bid for buying 1000 shares of Andhra Pradesh Paper Mills Ltd., in pre-market session at a price of Rs. 199.00 per share.

At 9:16 AM on the same day, when market opened, I asked Mr. Vasim that what happen with my bid, then Mr. Vasim told me that 1000 shares of Andhra Pradesh Paper Mills Ltd.have been sold @236.95 (short- sell). My account was credited with Rs. 236,360.16 for this trae.
The trade was executed not in accordance, what I have ordered. I informed the branch & the feedback cell of the Angel Broking on the same day.

On 5th April 2011, 1000 shares of Andhra Pradesh Paper Mills Ltd were bought, in auction, @ Rs. 4711.55 for 961 shares @ Rs. 454.26 for 39 shares. My account was debited with a total of Rs. 4,14,582.16 for that auction.
The Contract Note of 961 shares was sent to me. I relating to this whole transaction did not accept all the Contract Note sent to me relating to this whole transaction by me.

On April 6th 2011, all of my securities lying in my Demat Account was sold without my consent. Detail of the Securities are as below:-


S. no Security Name Exchange Rate (Rs.) Quantity Amount (Rs.)

1. HFCL BSE 13.91 100 1391.00
2. BLS INFOTE BSE 0.50 1856 928.00
Total 2319.00

S. no Security Name Exchange Rate (Rs.) Quantity Amount (Rs.)

1. Alok Textile NSE 25.25 500 12625.00
2. ALPS IND NSE 4.60 90 414.00
3. Reliance Power NSE 132.60 189 25061.40
4. Valecha Engg NSE 110.06 200 22012.00
Total 60112.40

The total claim from both NSE and BSE is amounting to Rs. 62,431.40


Computation of Claim Amount

Particulars Amount(Rs.)

1.Cash Margin lying in my account on 30th March 2011 15,338.00

2. Cost of my portfolio *
BSE 2,319.00
NSE 60,112.40 62431.40


3. Reversal of auction charges

Rs. 4,14,582.16
LESS: Rs. 2,36,360.16
1,78,222.00

4. Unrealized gain, which I have lost due to wrongly execution of trade 1,78,222.00

TOTAL (claim amount) 4,34,213.40
*I want my securities inspite of cash, which is sold by trading member without my consent from my Demat account or pool account.

The complained lodged by me was for an amount of Rs. 1,58,860.00 in your e-complaint section vide complaint no. [protected] NSE. Now, the claim is on the basis of above computation

Kindly consider my complaint and resolve the issue as earliest possible.

Waiting for fovourable response

Thanking you

Mohit Kalra
+91-[protected]
e- mail: [protected]@gmail.com
Aug 13, 2020
Complaint marked as Resolved 
Dear Customer, Greetings of the day. This is in regards to your complaint, we would like to inform you that your grievance has been addressed via feedback id:[protected] dated 5/5/2011. For any further clarification kindly contact[protected]. Have a nice day!
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    concomp18
    from Nichlaul, Uttar Pradesh
    May 6, 2011
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    Address: Uttarakhand

    I have an online trading account with Angel broking since last 6-7 monthes, Since last two monthes Angel broking Dehradun branch people are cheating me for trading commission. At the time of opening the account I took an assurance from Preeti Rawat of Dehradun branch that nobody would login my account from the branch as I was only interested in trading online, she assured me of this and opened the account but since last 2 monthes their fraudulant activities have started. Every month they are trading in my account without my permission, at the time of first trade I warned them not to do it again , but they again carried out unauthorised trade in my account, the details are given below:
    2 unauthorised trades( without my permission) have been done in my Angel broking account(dhradn675) on 30 march'11 and 27 april'11 to generate rs 30 minimum brokerage per trade, it is surprising to know that both times somebody from Dehradun office has traded 1 share of IFCI which cost merely around rs. 50 at a loss of 5 paisa , to generate amount of 30 rs as brokerage. This is an act of cheating with me(the customer), the only purpose of this trade was to 'earn' rs. 30 for Angel broking, not to create any profit for me(the customer).

    So the loss occured to me due to this trade is at least rs. 60 due to anauthorised trade,

    In addition to this I have used my mobile phone to discuss this matter with ur subordinates several times which costs more than rs. 50, so my total loss is around rs. 100 due to this cheating by ur company.

    As Angel broking is totally responsible for the loss occured to me , please deposit rs. 100 in my following bank account immediately.

    In addition to this ensure me by a reply mail that no unauthorised trade(trade without my permission) will be done in my account in future.

    Deepak Kumar
    [protected]@yahoo.co.in
    ac id:dhradn675
    [protected]
    Aug 13, 2020
    Complaint marked as Resolved 
    I am totally not satisfied with your action on the matter, as a result I got a call from angel brking Mumbai office and another call from Dehradun office, In call from Dehradun she told me that your loss will be refunded in your account, more than 15 days have passed but money is not transferred in my account . So practically no action has been taken by angel, so take action immediately
    Dear Mr. Kumar, Greetings of the day. This is with reference to your post, we would like to inform you that we have satisfactorily redressed your grievance.
    We would look forward for a fruitful relationship and assure you wonderful customer experience at all times. Have a nice day!
    I also experience some disgusting fake information from angel broking.

    While I open account I ask them about this RS 30 brokerage policy but they told me that there is nothing like this only 0.1 rs or 0.10 will be charged depending on type of trade i.e. intraday or delivery.

    But now they ate telling that there will be minimum 30rs brokerage charge is applied. If it is they surely I will close my account and will advice my friends also to do so.

    Thanks a lot,
    Upendra Gughane
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      M
      mohit1127
      from Delhi, Delhi
      Apr 28, 2011
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      Address: New Delhi, Delhi

      Dear Sir,

      On 30/03/2011, I have an account with angel broking,ghaziabad(Sebi Registration Number-INB[protected]branch,now branch is shifted in mayur vihar,delhi.
      I have given an order of Buy AP Paper 1000 Shares at Rs.199.But the concerned dealer shortsell that 1000 shares instead of buying.
      And shares goes into auction.Now my broker giving me threat that i have to pay auction charges otherwise they sell my all holdings without
      intimating me.
      Request you to, Please look into my matter.
      I have sent below mentioned mail to my broker so many times but i am not getting any response from their end.
      Also the regional head threat me to pay auction charges.

      Now they sell all my holdings without intimating me and now their risk management department tell me on phone that they sell all my holdings.
      Aug 13, 2020
      Complaint marked as Resolved 
      My client id-GJ1964.

      Your company is not customer friendly.
      Only you people can cheat the customer.I know how to trade, i started with you Rs 29000 and make it Rs.47000 in 2 months.

      As all of know there was a news about AP Paper mills on 29 March & 30 March 2011 that International Paper has aken a 51% holding in AP Paper Mills.

      And the AP Paper open offer has come on May 28, 2011 @Rs.444 nearer.

      So how can your dealer shortsell that shares, instead of buying.
      Still, you people donot take any action against your dealer, Mr.Vasim Ahmed, Banch Manager, Mr.Parag Agarwal.

      Your company employee thraet me ans sold all of my holdings without my consent.

      You play with my money only, and make my portfolio zero in one shot.

      I can take all legal actions against your company and take all my cmpensation.
      I can complaint in all forums against your company and concern employees.
      1.Mr. Vasim Ahmed
      2.Mr.Parag Agarwal
      3. Mr.Gurjeet(Regional Head), he threat me on phone.
      4.Mr.Anupam Munshi, talk badly, and behave badly.
      Dear client, we duly regret the inconvenience that might have been caused to you in this regard. Please provide us your Angel Client code so as to enable us investigate the issue, also kindly submit your complaint to our Feedback department at [protected]@angelbroking.com for investigation of your trade
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        B
        brijesh alex
        from Hyderabad, Telangana
        Apr 27, 2011
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        Address: Delhi

        Dear Forum members,

        Kindly send this mail to the higher authority of angel broking as i m unable to send or took appropriate action.

        Dear Sir,

        I am Brijesh kumar from New delhi.I want to share my bad exeprience with your company.

        Your HR cordinator Mr Rahul call me regarding job opening in your company at Moti Nagar,New Delhi office.I went for Interview on 20th april.He did not mention any landmark in SMS of Address so I was unable to found out I called up on his number several times but it was switched off.Enquring a lot of about address but in vain,then i try last time on his mobile then i got response and he told me about exact address.
        Then Interview held and I got RE post,they asked me to come on 25 april for document summiting and offer letter and mention 26 april as a joining date.I came on 25 april and summit all my documents photostate
        to your Employee Ms. Khusbhoo .After asking three times she told me to come on 27 april for training then asking again she told 9:30 am timing.
        Due to some urget work in my previous company I Could only reach there at 11:30 am and do not know whom to report or have any reporting authority no.so I could not report of my getting late.Your HR head there behave me very badly,shouting infornt of all her staff and said if want to join join on 10 may and cant have you in my Team.
        Then she asked who have reffered me, your employee Mr Rahul denied he not reffered me even he call me several time,sent 3 or 4 sms and took my interview.I said him you forget everythingh then your HR head got very angry and said how you are talking to my team member and we will not select you and you can go and not watse my time.After humiliated much I asked for my documents they return only half documents when I asked many remaing papers Khusbhoo said they only have these papres or some papers may be misplaced when I asked how can you misplaced them she said they dont have tell anythingh else.Then I had to come back with heavy heart .First time I pray bad for organisation in my life due to their ill temperment and bad behaviour.

        1.In my company I am working for 2.6years so job not the problem,I want to go in capital market even at initial level and lower salary oterwise not needed.

        2.I sit in Good Axis bank branch and have many references of the companies and individuals,so I dont think its in favour of your company to treat like that your prospect employees.

        3.How can a person be in HR dep.who forget or pretend to forget whom he meet 2 days before and held several conversatation,and even after expect to treat him very smoothely.

        4.Selecting or not selecting is the different matter it depeneds on company policies,but how can a HR Head treat you so badely even withou t compay heired you.

        5.Marketing peoples generate revenue for the company for what company is working,so why dont they deserve respect beacuse only stiff competetion and large population or HR select them.

        6.why they not return full documants even after such humilitation.

        I want to tell you whats happening on grass root level and action against them or I will have to take another legal route,Otherwise I have no intention.Kindly inform me on update I am seeking your response.

        Thanks & Regards
        Brijesh Kumar
        [protected]
        Aug 13, 2020
        Complaint marked as Resolved 
        YOUT R.M. MR. GAURAV IS TRYING TO ASSAULT US IF WE ARE NOT FOLLOWING HIS INSTRUCTIONS HE NEVER GIVES GOOD ADVICE ALWAYS TRIES TO CHEAT HIS CLIENTS HE IS FROM G & P WEALTH WHOOSE BOSS IS MR. PRIYANK BUT THE BOSS NEVER TRIES TO INTTERFAC, SO PLEASE LOOK INTO THE MATTER AND OBLIGE US
        THERE IS NO QUALITY IN MR. GAURAV TO BE AN R.M. SO PLEASE INTERFERE, HE IS NOT GIVING HIS ADDRESS AND WHENEVER WE ARE TRYING TO CONTACT HIM HE IS NOT RESPONDING, SO PLEASE CANCEL THEIR THERE FRANCHIASEE AS THEY ARE INSULTING U AND GIVING THREATS PLEASE CANCEL THEIR FRANCHISEE THEIR ADDRES IS NEARBY BY VASANT VALLEY SCHOLL OTHERWISE U WILL BE IN PROBLEM
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          A
          Ansh05
          from Mumbai, Maharashtra
          Apr 26, 2011
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          Address: Pune, Maharashtra

          Dear Team,
          My Angle broking ID : P52231

          I am new in this field, Without my information & permition trade was done by branch officer Mr. Sharad (Pune Camp Branch) on 28th March 2011 & 29th March 2011 which leades me a loss,
          1) Loss on 28th : Rs. 4638/-
          2) Loss on 29th : Crudeoil : Rs. 2281.10/- Silver(Big) : Rs. 2639.78/-

          Total loss in 2 Days are Rs. 9558.88/-

          And They have made stop+ on silver & Branch manager Mr.Yogesh Rege has assure me to fullfill my loss & for demended me of Rs. 7000/- more & i paid the same amount too as per branch manager demand. I have not given any permition to do a trade in my account which make me a total loss of Rs. 32000/-.

          Rs. 25000/- for Account oppening & Rs. 7000/- demanded,
          so total Rs. 32000/- Loss. Regarding the same i have given the mail to Pune camp branch manager & have accepted there mistake with return me Rs. 7082.85/- but which will not cover my loss.

          After that i have given mail to [protected]@angeltrade.com,That time Silver mini 1-Lot position was open for which i have not done a trade.

          Angle broking feedback center assure me to possitive responce, so till i wait for there responce while that responce angle broking branch officer has made a stop+ loss of that open possition of silver.

          Now Angle broking feedback center saying we will not give you any compansation/money back.

          What will be the charge for unathorised trading in account? against Angle Broking.

          Wether I get my money back of Rs. 32000/- ?
          Please do the needful earliest as possible.

          Thanks & Regards,
          Prashant Maulikar
          Mob.No. [protected]
          Aug 13, 2020
          Complaint marked as Resolved 
          The same thing has happened to me under currency trading...unauthorized use of account and penalties charges eventually lost all my money.
          i samer vilas gavkar i was open currency trading account in angel brooking my cheque was cleared against ANGEL B ROKING on 01/11/2011 from ABHYADAYA CO-OPERATIVE BANK but fund view show ZERO balance. My cheque no is 678442.
          Dear Customer, Greetings of the day. We duly regret the inconvenience that might have been caused to you in this regard. Kindly note that your concern has been amicably resolved. If you need any further clarification kindly get in touch with the feedback team at[protected]. Have a great day!
          Dear client, we duly regret the inconvenience that might have been caused to you in this regard. Please provide us your Angel Client code so as to enable us investigate the issue, also kindly submit your complaint to our Feedback department at [protected]@angelbroking.com for investigation of your trade
          My angle I'd is R74713, I am new in this field, sir I buy oct 5/10/12 kingfisher air2000 share rs 13.90 paise, day17/10/12 I recive massage from angle they sold my kingfisher air 1414 rs11.90 paise without my permission, after I informe my Brovali branch but they d, t know about it, day 19/10/12 I recive another message they sold my 79 kingfisher air shares, then I ask my Brovali branch they d, t have any answer, again I collect another message from angle day25/10/12 they sold my 92 shares, again I ask my Brovali branch they said I discuss with senior it, ll n, t repeat again but it happen again day 26/10/12 I recive message from angle they sold my kingfisher air 414 shares sold and my bhel 13 shares sold without my permission I lost more than 10000 rs who is going to responsible for that . Plz let me know my mail I'd is [protected]@gmail.com
          motherchod hain sale angal broking froud hai I have also lost 35500/- last month my id is CHND2842 mob [protected], BHAGWAN IS COMPANY KO JALDIN HI BAND KAR DAIN TAKIKOI DUSHRA AUR NA LUTE, POOR ADVISE HAI SALON KI
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            Balsin
            from Gurgaon, Haryana
            Apr 4, 2011
            Resolved
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            Address: West Delhi, Delhi

            I am Baljeet Singh, I want to share my problem which I am facing since December 2010.
            An executive from Angel Broking reached my office to open my Demat account with a free subscription offer for one year. I had filled the account opening form in December 2010 with all the necessary documents and given to him. After that there were no mail and no welcome kit reached at my registered address or ID except mobile SMS. After that I called several times to their customer care for my welcome kit and other account documents, In end of January 2010 I mailed and requested them to close my account due to their poor service. They replied and asked the exact reason: why you want to close your account?
            After that I replied them with all my problems which I was facing, again they mailed and told me re-think and don't close your account. But I don't want to continue with them.
            Next day I went to their Lajpat Nagar Branch to close my account and I asked for closure form to their front desk executive Ms. Durgesh, she told me your account is activate with our appointed franchisee if you want to close your account it will be closed after the approval of sub-broker, I shocked and said fine, I signed the form and came. Till date my account is not closed because their sub-broker is not giving his approval.
            I called several times to their sub-broker (Mr. Divesh Kumar) to resolve my problem and give your approval to close my account; He said I’ll see how you can close your account without my approval. He is the only person who is creating problems and harassing me. Whenever I called to him every time he told me he has no time at the moment please call me after 2-3 days.

            I have not used my account and traded yet. If they ask for some amount to close my account, should I pay?? I have received my welcome kit and password yet.

            I've requested several times to their help desk also, please have a look into this matter & do the needful, I don't know why they are ignoring.


            Baljeet Singh - [protected]
            Angel Broking Customer Id: GRT090
            Aug 13, 2020
            Complaint marked as Resolved 
            Hi I M udayvir i want to close my account because i m not want to stay more in share market
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              T
              tiwar84
              from Delhi, Delhi
              Mar 31, 2011
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              Address: Delhi

              I am Durga Prasad from Delhi-92 My Account No. Delp1033 at laxmi nagar Branch,Delhi
              My dealer Mr. Manish Has sale sort qty. without confirmation (HDIL-100,Unitech-50) on
              24/03/2011,Now they are not able to solve my problem at this branch .

              Please suggest to us for nest action .

              D.P.Tiwari
              [protected]
              Aug 13, 2020
              Complaint marked as Resolved 
              please you call on [protected] ... he is my friend working in angel broking ... and hav link with stock exchange of india .. he will solve your problem in 1-2 days
              get your money out of angel
              Dear Durga,

              Angel Broking company employee is like that.They people also did the same mistake with me.Mr.Vasim Ahmed dealer in Mayur vihar branch executed wrong order.

              You can complaint against angel broking in National Stock Exchange with all documents, also lodge complaint in sebi.

              If you are not satisfied with exchange revert then tell exhange to fight in arbitration.

              Take all legal action against Angel Broking, and donot recommend any one to open account in Angel Broking, because they people only know how to play with customer money.

              Regards
              Mohit Kalra
              Dear sir, we regret the inconvenience that might have been caused to you in this regard. Please submit your complaint to our Feedback department at [protected]@angelbroking.com for investigation of your trade. This investigation will involve analysis of trade confirmation calls. Have a nice day!
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                nav aneja
                from Delhi, Delhi
                Mar 21, 2011
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                Address: North Delhi, Delhi

                I m trying fr last one month to activate my online trading & to update my email id, the sub-broker is misguiding me regularly. no progress is done on my requests to [protected]@angelbroking.com Kumud.[protected]@angelbroking.com angelmail01.angelbroking.comshalu.[protected]@angelbroking.com sanjay.[protected]@angelbroking.com>, <vimalk.[protected]@angelbroking.com>, I hv sent my requests to all of them. Im really fed up of having uneven conversations with them .It also caused me financially.

                so I want some relief fr all this cause.
                Nav Aneja
                client code: pydv 011
                email id:[protected]@gmail.com
                Aug 13, 2020
                Complaint marked as Resolved 
                hi i m also a sub-broker to angel broking i[censored] want u can change ur account under my sub-brokership, I will assure u that i vll provide you with good service . I[censored]r interested can cont me b/w 9am-5pm .
                My num is[protected]
                Hello

                We are Associated with Angel Broking Delhi, if any individual has problem related to their account in Delhi will help to resolve it

                Please call[protected]
                Dear Nav, we duly regret the inconvenience caused to you in this regard. We have investigated your matter. Your ECN service will be activated within 5 days. Have a nice day!
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                  1skma59
                  from Mumbai, Maharashtra
                  Mar 10, 2011
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                  Address: New Delhi, Delhi

                  To,

                  Mr. Dinesh D Thakkar,

                  The Chairman cum Managing Director,
                  Angel Broking Ltd,
                  Mumbai


                  5th March 2011


                  Sub: Employee harassment by senior staff through creating political environment at Angel Broking, Delhi.


                  Dear Sirs,


                  I would like inform you that I am currently working for the past 3.5 years with your esteemed organization. Through this mail, I would like to bring to your notice certain serious work related problems going on in the organization.


                  I would also like to inform you about the sudden firing of employees, who have been performing well and are very old in the system, without any good justification. For your kind attention, 5 branch managers and 4 area sales manager of Delhi have been asked to leave the organization forcibly by Harpreet Singh & Manoj Johnson, with out paying any heed to their performance. This happened at a very short notice of 1-2 day and as you see in the current market scenario, it is very difficult to find a decent job and these people joined Angel Broking after leaving their well paid earlier jobs. Because of this unprofessional behavior, there is now fear amongst all classes of employees whether they will be able to continue with their job in such pressurized fear situation.


                  One more important concern which has affected the work culture in the organization is unreasonable favoring of employees. I have seen that Mr. Harpreet, Rahul Jain, Gurjodh P Singh, Ajit Panda are personally favoring those employees(Zameer Ahmad, Amit Narula, Sandip, Abhishek, Rana, Sidhu, Neeraj Kr. Vinit Jain, ashish Dwivdi, anil himani, ) who are not performing up to the mark, and cost is high, they are taking their job for granted. This is in turn is affecting the energy level and positive attitude of high performing employees. This ‘buttering’ by non performers/low performers is highly negative for the productivity of good performing employees. At times, seniors have been seen defending the non performers on personal level when they are accused by the performing staff for the unprofessional attitude. This partiality is doing no good to the morale and productivity, ultimately leading to a bad impression about not only Angel broking but the whole Senior Management. I have often see now employees saying “ ab to Angel aur dusri companiyo me koi fark nahi reh gya, ye bhi ghatiya company ho chuki hai niklo yaha se, yahan to koi kisi cheez ka process hi nahin, jiska joh man aata hai who karne lagta hai, jaisi he kahin aur job mile niklo, company koh laat maro, Thakkar sahib ke paas paise nahi hai kaam karne walo ke liye, Manoj,Harprit,Rahul, Gurjodh,Ajit, ki salary koi kyo nahi dekhta, jo high cost employee hai management cost ke naam pe, aur koi kaam nahi hai inke paas din bhar ”. Such remarks make me feel so ashamed as I have a totally different perception about the company and its future growth plans. Honorable Mr. Dinesh Thakkar ji has always been my inspiration because of which I came in Angel group but the current politically scenario is now forcing me to change my opinion.

                  From the past 15-20 days, me and my team have been asked to work at extended hours even after the official working hours by Delhi management, without any genuine work related requirement. This also includes working on the Republic Day, which are official holidays across any industry. We have also been deprived of our regular weekend off, Sunday, because of which we are unable to balance our personal as well as professional life. The Delhi management has been continuously harassing us, including Female staff, by asking is to stay exceptionally late without any job related requirement. Me and my team have been asked to come at 8’o clock in the morning and leave by 10 ‘o clock in night, which is in no way justified.




                  Another serious concern is related to the use of abusive and harsh language coupled with the rude behavior, by Mr. Harpreet Singh especially with the Female staff. This in turn, leads to a very disturbed working environment and reduced energy level. I have even come to know that a good number of experienced and old employees, who have performed well for the organization, are also planning to leave if they get a good opportunity any where else. They in turn, are discouraging fresh talent who are aspiring to join Angel Broking, in light of the ongoing internal problems and political scenario.

                  Here I would also like to question the role of the HR department, who till now has played the role of a mute spectator. In spite of having knowledge about the firing of the employees, HR department never performed its duties. As you know, that across any industry, there is always a HR Process for both hiring and firing of employees. But here in Angel Broking, once a person is asked to leave by the CH/ZH, he is asked to fend for himself. He doesn’t know what procedure he has to follow and what all official formalities he has to fulfill before leaving. An intervention from HR is always there to ensure that things go smoothly. Even if the person is not performing, HR never plays its role to provide the person with another opportunity to improve himself as there is always a scope for performance improvement for a non performing employee. This doesn’t signify an employee centric approach by the HR department. Moreover, I would like to accuse HR being the puppet of the senior sales people like Harpreet & Manoj Johnson. They would just take the order from them and fulfill it without discussing the company’s policy with them before finalizing any plan of action.


                  Sirs, therefore in light of the above mentioned concerns, I make a humble request to take adequate action against high management cost employee like Harpreet, Rahul, Gurjodh, Ajit and steps to resolve the issues and make Angel Broking a better organization to work for. If the above mentioned problems are not resolved in adequate manner, it’s not me, not even the employees but the brand ‘ANGEL’ whose reputation will be adversely affected and as a business group people will perceive it in a negative way.


                  Please note there is no compensation or back up arranged by their HODs till date, of employees like Bhartendu, Munish Chauhan, Himanshu Arora, Mr.Bhatia, & Vivek Mahajan, who were killed in senior’s politics and has to left organization for forever.



                  Yours truly,
                  A employee of Angel Broking and a patron of Angel Group.
                  Aug 13, 2020
                  Complaint marked as Resolved 
                  we all agree to this situation running in the organization...consumer court must take serious and justified action against Mr.harpreet singh and manoj johnson for playing their dirty politicssssss...
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                    sarvindh
                    from Chennai, Tamil Nadu
                    Mar 4, 2011
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                    Address: Tamil Nadu

                    I opened a Trading account with Angel Broking chen 13138 and they have opened 3 demat accounts on different daysand no one is answering . The guy from Angel broking who has taken my form has opened 3 accounts on my name to show numbers this is ridiculous and unbeleivable, biggest cheats I have seen. Need some advice on how to proceed on this.
                    Aug 13, 2020
                    Complaint marked as Resolved 
                    Dear sir, we regret the inconvenience that might have been caused to you in this regard. Please submit your complaint to our Feedback department at [protected]@angelbroking.com for investigation of your trade Have a nice day!
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                      sanjayji08
                      from Bhopal, Madhya Pradesh
                      Feb 28, 2011
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                      Address: Bhopal, Madhya Pradesh

                      To,Nivedita Vaity
                      Executive - Quality Assurance?
                      Angel Broking I www.angeltrade.com

                      ***WE HAVE PURCHASED 400 TTML SHARES IN 2007,BUT WHEN WE SEARCHED IN FEB.2011 IT BECAME ONLY 346,MEANS 54 SHARES WERE ADJUSTED AGAINST ANNUAL MAINTAINENCE CHARGES(AS PER YOUR OFFICE RECORDS)AFTER THAT WE HAD A TALK WITH MR. SAHU & MR.NAVAL BUT THEY DID NOT GIVE US A PROPER ANSWER.
                      THEN WE TOLD MR. SAHU FOR SELLING MY SHARES & GIVE ME MY MONEY,RATE DECIDED WAS RS.16 PER SHARE BUT NEXT DAY AGAIN MR. NAVAL CALLED ME UP FOR SELLING MY SHARES & TOLD ME THE RATE IS RS.15.85 PER SHARE. WHEN THE FINAL RATE WAS ALREADY DECIDED THEN WHY SHOULD WE TAKE THE LOWER AMOUNT? NOW, 346 SHARES @15.85 =rS.5484.10 BUT AFTER A WEEK WE REC. CHEQUE OF RS.5384.28.
                      NOW TELL ME WHAT IS THIS ?WHO IS RESPONSIBLE FOR OUR LOSS?WHERE IS THE DIFFERENCE AMOUNT OF SHARES & CHEQUE?
                      NO QUALITY ONLY DIS-SATISFACTION.
                      AWAIITNG YOUR REPLY,

                      reGArdS,
                      Sanjay lodha jain
                      mantra healer,remedial astrologer &
                      supplier of 1000 astro products
                      Bhawishya Astro Research centre
                      www.jewelsastro.in/www.healingmantra.in
                      www.barcproducts.com
                      Call[protected]
                      Aug 13, 2020
                      Complaint marked as Resolved 
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                        tika ki jay
                        from Chennai, Tamil Nadu
                        Feb 23, 2011
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                        Address: Thane, Maharashtra

                        I Have An Pool Account With Angel Broking Limited (Dombivali). And My Demat Account With Stock Holding Limited.

                        Please Be Informed That I have An Shares Of Rs.1,50,000/- In Angel Pool Account But They Have Transferred My Shares From Pool Account To My Stock Holdings Demat Account Without Informing Me.

                        Now When I Am Call To Angel, They Simply Answer That According To SEBI Guidelines, SEBI Have Transferred Your Shares.

                        Now If I Sell My Share, I Have To Go Stock Holding Branch(Vikhroli) & They Charge Fees Also.

                        Please Help..!!!

                        M - [protected]
                        Aug 13, 2020
                        Complaint marked as Resolved 
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                          ganesh2011
                          from Pune, Maharashtra
                          Feb 8, 2011
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                          Address: Maharashtra

                          Hello ,

                          This is Ganesh, I had handed over cheque to Angel broking representative Vijay ([protected]) to open an account with 5K as initial amount. Till today i have not received any document from them, each time I call them either he didn't respond or gave fake promise to provide documents in hand in couple of days.

                          I even don't know my DEMAT ACCOUNT NUMBER.
                          Once I spoke with Branch Manager Prajapati ([protected]) but that of no use. and now he also not responding to call.

                          I don't know where my money has gone and now how to get money back.

                          Requesting to help me.

                          - Ganesh
                          [protected]
                          ganesh.[protected]@msn.com
                          Aug 13, 2020
                          Complaint marked as Resolved 
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                            gc1133
                            from Anand, Gujarat
                            Jan 22, 2011
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                            Address: Gurgaon, Haryana

                            This complaint is in regards with wrong information being provided to me continously by branch manager and the broker assigned to me.

                            I would like to name three persons in this complaint due to which i loss 80% of my money invested.

                            1. Kushar Gupta (Janakpuri Branch Manager, Angel Broking, [protected])
                            2. Lakshay ( Broker assigned to me to do offline transactions, [protected])
                            3. Sanjeev Mehto (agent who opened my trading+demat account, [protected])

                            In december'10 i met sanjeev mehto who told me all the details before opening account. He clearly mentioned that i can hold on the margin money being provided by the broker as long as you can. You just have to pay the interest charges applicable on the amount which rounds nearl to 1.8% per month.

                            When i bought 1000 shares o[censored]NITECH and 500 shares of KIRLOSKAR, after 2-3 days i got a call from Lakshay. He told me to reduce some position. I informed him that i was clearly told that i can hold on the position as long as i can till i pay the interest charges. But somehow he pressurized me to reduce position or demanded more money to be credited in broker's account. I asked him if i will sell all shares o[censored]NITECH then will i again get a call from him side to do the same in future. He told me that now i you can hold on the position with no worries. I lost around 5000 in this transaction.

                            Then after some days i again got a call from Lakshay and Branch manager asking me to reduce position or give them some money. I again told them that last time i was assured that i will not get such demands from their side. Then Lakshay told me that if i will sell 300 shares of KIRLOSKAR and hold on with 200 shares then i will be in balanced position and i will not get such demands from them in future. Lakshay assures me to not take any tenson and i can hold on the position as long as i can with 200 shares. I just have to pay the interest charges. Then i suffered a loss of around Rs 8000.

                            Then i got a call from branch manager on 19th January,2010 at 9:50 am from [protected]. He asked to reduce some position. At that time i told him that i would not reduce position this time because i am already paying the interest charges on holding the margin money. He agreed to that and told me hat i can continue with the curret position. After a while i got a call from Lakshay with same demands and he again ried to convince me to reduce some position and sell 100 shares.

                            At that i told him to wait because i would discuss this matter wth some sernior officials of Angel Broking because i had already suffered huge losses against there irrational demands. I told him that i need some time. Then i emailed to complaint departments of Angel Broking and reported the matter to them. At 3:05 pm on 19th Jan i got a call from Lakshay. When i told him that i have reported the matter to higher departments then he got annoyed and told me that i should not have reported to them. He told me that he is going to sell shares without my consent. He cut down the phone and sold all my shares. That was totally unacceptable on his part. He had no right to sell my hard owned money at his wish without my consent.

                            Then i took into loop all the concerned senior auhorities of Angel Broking and discussed the matter with them on email. I have attached the document of all the conversations done on email with them. After so many notifications to them i was not able to get any relief from them.

                            Please it's my kind request to you to look into the matter and give me justice. I have suffered huge loss because of the wrong information provided to me everytime. I they would have cleared me the picture at first sight only then i would have saved my hard owned money then only. Just because of their negligence and unjustified demands i was suffered so much.

                            My strongest proof of whole this case is the call details from branch manager made to me a [protected] from his landline number [protected] at 9:50 am on 19th January 2010. I had mentioned about this call detail in my emails and requested the concerned departments to investigate it thoroughly but they dint change their decision. In that call i was clearly told by branch manager to hold on the position and i told him that i would be paying the applicable interest charges.

                            Once again its my kind request to provide me justice and penalize the culprits. I know i am fighting this case against highly estabished renowned organisation but still i have hope to get justice because i have been cheated by the wrong commitments done to me.

                            If you need any more clarifications from my side i am ready to do so.

                            I want to send all the email-conversations done between me and Angel Broking but i dont know how to send it here. Do give me some email id so that i can forward that email to you also for further clarification.

                            Thanking you in anticipation.

                            Regards,
                            Gaurav Chhabra
                            Gurgaon
                            [protected]
                            [protected]@gmail.com
                            Aug 13, 2020
                            Complaint marked as Resolved 
                            I have a account in janakpuri branch and provide better service by their branch manager and dealer ashish.

                            by doing their services i got huge amount of profit...
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                              pramod soni
                              from Delhi, Delhi
                              Jan 19, 2011
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                              Address: Maharashtra

                              I have lodged my complaint on this site. Angel broking executive assured me there will be no AMC in the first year but they have deducted amount from my account. We opened two accounts and transferred our holdings from our other accounts,need guidance whom to approach in SEBI because no one is replying to my mails.
                              Pramod Soni
                              Aug 13, 2020
                              Complaint marked as Resolved 
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                                M
                                Monu Sharma
                                from New Delhi, Delhi
                                Jan 17, 2011
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                                Address: East Delhi, Delhi

                                Dear Sir/Mam,
                                My name is Mayur Sharma,i worked with Angel broking ltd in Delhi branch from 17th dec 2008 to 4th dec 2009,my p.f was deducted in evary month from my salary .i applied for p.f in march2010 but it cant be satlled till no when i make call or mail to my head office i Mumbai they told me that every thing is clear from there side they dont know why p.f department not release my p.f it means there is pendency from p.f office side accoding to Angel Brokind ltd,kindly settle my p.f and release it as soon as possible.my p.f details are-


                                Mayur Sharma
                                emp-code-e15217
                                p.f no-MH211071/2159
                                MAIL ID-mayur.[protected]@gmil.com
                                Bank a/c no-[protected](H.D.F.C Bank)
                                Mob no-[protected],[protected]
                                Aug 13, 2020
                                Complaint marked as Resolved 
                                Dear Sir/Mam,
                                My name is Rajkumar jamadar i worked with Angel broking ltd in kolhapur branch from 16th Apr 2009 to 10th aug 2010, my p.f was deducted in evary month from my salary .i applied for p.f in oct 2010 but it cant be satlled till no when i make call or mail to my head office i Mumbai they told me that every thing is clear from there side they dont know why p.f department not release my p.f it means there is pendency from p.f office side accoding to Angel Brokind ltd, kindly settle my p.f and release it as soon as possible.my p.f details are-


                                Rajkumar Shivputra Jamadar
                                emp-code-e17365
                                p.f no- MH/45503/6298
                                MAIL [protected]@rediffmail.com
                                Bank a/c no-[protected](H.D.F.C Bank)
                                Mob no-[protected].[protected]
                                Dear sir, we regret the inconvenience that might have been caused to you in this regard. Please submit your complaint to our Feedback department at [protected]@angelbroking.com for investigation of your trade. This investigation will involve analysis of trade confirmation calls. Have a nice day!

                                Angel broking charges smartly and cheats you smartly withour=t u knowing

                                THe hidden allocaton of shares and application of charges to consumer is very bad by angel.. angel knows how to cheat customer smartly, ,
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                                  itsravie
                                  from Mumbai, Maharashtra
                                  Jan 10, 2011
                                  Resolved
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                                  Address: Mumbai Suburban, Maharashtra

                                  Hi,
                                  I was approached by Angel Broking agent Kamal Bhatia to open trading account. He said he wanted to complete his target and if i opened account in Dec 2010 with initail cheque deposit of Rs.25000, no account opening or any other charges will apply. also, i will have to pay no maintainence fee for 1 year. He showed his sincere work and i opened account with him.
                                  After opening account, the charged were levied, all charges upto Rs 500 were cut from 25000 and i called him and told the same. He said to continue trading and he will do needful so that i get my money back. I told him, i wont trade until i get money back. I called him again every alternate day. He never took my call in last 3 weeks. I have called him several times. Later i called one of other agent of angel Jayesh, who said he will talk to kamal and said charges wont get back.
                                  I want to ask Angel, on which grounds they keep such agents who can only cheat people.
                                  Such, cheap minded people like Kamal bhatia o[censored]lhasnagar - 421004, who work for angel broking.
                                  Does Angel broking trains them to behave well before account opening with false promises and then turn back to them and cut charges like hell?

                                  Please someone help.

                                  Also, Recommended: Never open and trading account with Angel Broking. Because, who break your trust, will eat your money too and break trust again.

                                  Say no to Angel Broking.

                                  I have decided to close my account with Angel Broking after suffering initial loss of rs. 500.
                                  Because i dont know if they give more harm to my money later.

                                  regards,
                                  Ravi Sant****
                                  Aug 13, 2020
                                  Complaint marked as Resolved 
                                  how can they do these to you i have also some problems with angel with brokege
                                  hi

                                  can u send me the phone no or a photograph of the agent "kamal bhatia" at [protected] so that we take the necessary action agaist him

                                  thank you
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                                    ankurjain10
                                    from Mumbai, Maharashtra
                                    Jan 4, 2011
                                    Resolved
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                                    Address: Maharashtra

                                    Hello Team,

                                    My Client ID is A62905, I opened my account in agel almost 3
                                    months,till now i did not get my welcome kit although I told to
                                    person who collected my document that I would like to have kit here in
                                    pune and I was replied that in 10 days max you will get kit.

                                    On 29-11-10 I mailed regarding my money back but till now I did not
                                    get any response or call.

                                    I mailed them 4 times and called them many times but don't get proper response.

                                    Now I dont want to deal with angel, please look into matter

                                    I am having all mail with me which I sent to them.

                                    Thanks
                                    Ankur Jain
                                    Aug 13, 2020
                                    Complaint marked as Resolved 
                                    Same happened with me. I never got money back from angel broking.
                                    I must say Frau Kmala bhatia, who took away our money. He is cheat o[censored]lhasnagar -421004.
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                                      S
                                      sunilpharma7
                                      from Mumbai, Maharashtra
                                      Dec 17, 2010
                                      Resolved
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                                      Address: Ahmedabad, Gujarat

                                      Dear Sir,

                                      I had applied Moil Limited IPO 625 Shares ( application No.[protected] & allotted 17 shares but till date refund amount not received, please help me to return my refund amount.

                                      Sunil Chhatrola
                                      My details :
                                      CLIENTWISE DETAILS FOR PARTY CODE FROM: S101306 TO: S101306

                                      ________________________________________
                                      DETAILS FOR PARTY CODE: S101306 [BSECM]
                                      Party Code: S101306
                                      Party Name: SUNILKUMAR M CHHATROLA
                                      Address: Phone [R]:
                                      SHREENATH AVENUE Phone [O]:
                                      F/301 NR GOTA CROSS ING Cell/Pager: [protected]
                                      OPP VANDEMATARAM TOWNSHIP GOTA PAN: AJMPC1519R
                                      AHMEDABAD Family Code: S101306
                                      GUJARAT Sub-Broker: NKPP
                                      INDIA Trader: GURUKUL
                                      PIN: 380060
                                      FAX:
                                      E-Mail: [protected]@GMAIL.COM



                                      BANK DETAILS
                                      BANK NAME BRANCH A/C TYPE A/C NO.
                                      HDFC BANK BODAKDEV SAVING [protected]

                                      PAY-IN ACCOUNT(S)
                                      DEPOSITORY DP ID DP NAME A/C NO.
                                      CDSL 12033200 ANGEL BROKING LTD [protected]


                                      PAY-OUT ACCOUNT(S)
                                      DEPOSITORY DP ID DP NAME A/C NO.
                                      CDSL 12033200 ANGEL BROKING LTD [protected]


                                      ________________________________________
                                      DETAILS FOR PARTY CODE: S101306 [NSECM]
                                      Party Code: S101306
                                      Party Name: SUNILKUMAR M CHHATROLA
                                      Address: Phone [R]:
                                      SHREENATH AVENUE Phone [O]:
                                      F/301 NR GOTA CROSS ING Cell/Pager: [protected]
                                      OPP VANDEMATARAM TOWNSHIP GOTA PAN: AJMPC1519R
                                      AHMEDABAD Family Code: S101306
                                      GUJARAT Sub-Broker: NKPP
                                      INDIA Trader: GURUKUL
                                      PIN: 380060
                                      FAX:
                                      E-Mail: [protected]@GMAIL.COM



                                      BANK DETAILS
                                      BANK NAME BRANCH A/C TYPE A/C NO.
                                      HDFC BANK BODAKDEV SAVING [protected]

                                      PAY-IN ACCOUNT(S)
                                      DEPOSITORY DP ID DP NAME A/C NO.
                                      CDSL 12033200 ANGEL BROKING LTD [protected]


                                      PAY-OUT ACCOUNT(S)
                                      DEPOSITORY DP ID DP NAME A/C NO.
                                      CDSL 12033200 ANGEL BROKING LTD [protected]


                                      ________________________________________
                                      DETAILS FOR PARTY CODE: S101306 [NSEFO]
                                      Party Code: S101306
                                      Party Name: SUNILKUMAR M CHHATROLA
                                      Address: Phone [R]:
                                      SHREENATH AVENUE Phone [O]:
                                      F/301 NR GOTA CROSS ING Cell/Pager: [protected]
                                      OPP VANDEMATARAM TOWNSHIP GOTA PAN: AJMPC1519R
                                      AHMEDABAD Family Code: S101306
                                      GUJARAT Sub-Broker: NKPP
                                      INDIA Trader: GURUKUL
                                      PIN: 380060
                                      FAX:
                                      E-Mail: [protected]@GMAIL.COM



                                      BANK DETAILS
                                      BANK NAME BRANCH A/C TYPE A/C NO.
                                      HDFC BANK BODAKDEV SAVING [protected]


                                      Aug 13, 2020
                                      Complaint marked as Resolved 

                                      MOIL LTD — Non Refund

                                      Dear Sir,
                                      i applied in MOIL Ltd IPO As bellow but I have not received the refund amount of Rs.51000.00 in my bank a/c through ECS.

                                      Application No: 39858737
                                      Applied Shares : 136
                                      Amount : Rs.51000.00

                                      Please credit the same amount in my bank ASAP

                                      MOIL — money Not Received

                                      Hello team,

                                      I have applied for MOIL IPO and i have still not received the money back. its been more than 10 days .
                                      I have a account with Kotak Securities and they have given me register number which i always Busy ,


                                      Thanks and regards,
                                      Vinay arora
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                                        mukesh.chutani
                                        from Salon, Uttar Pradesh
                                        Dec 14, 2010
                                        Resolved
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                                        Address: Gurgaon, Haryana

                                        hello sir/mam
                                        mukesh this side from gurgaon.
                                        from last 2 days ie.from 12/12/2010. i am geeting daily around 200 sms from angel broking for the recruitment of relationship executives.
                                        i am completely fed up from these sms. in the sms there are 2 numbers ie. [protected], [protected]. for applying to the above mentioned job. whenever i try to call these numbers for threating them not to do so. their numbers remains switched off.

                                        at last i am typing the sms which angel broking ltd is sending me "looking for relationship executives in delhi, ncr for angel broking ltd. we offer handsome salary plus incentives contact at [protected], [protected].

                                        kindly take some action as soon as possible
                                        regards
                                        mukesh chutani
                                        Aug 13, 2020
                                        Complaint marked as Resolved 
                                        plz stop the td angel msg i m very addidt this msg plz i say requiest
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