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Steel Exchange Of India Ltd Complaints & Reviews

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caaman.ab
from Ahmedabad, Gujarat
Dec 5, 2017
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Address: Bhavnagar, Gujarat, 364001

Sebi must look in, we small investors are traped by the operator trading and we our we small investors are in big trouble, kindly see the fake orders and circular trading which have been done by the operators, we have invested at an average rate of 125 and price has suddenly fallen from 133 levels to 104, this a big trap where circular trading, pumping and dumping has happen, this is not at all in favour of small investors, its approx 500 cr scam which has happen, even newspaper are talking about it, that it has been a case of pure operating trading
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    A
    ayesha_nayeem
    from Kolkata, West Bengal
    Dec 4, 2017
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    Address: 700091

    Seil & the promoters of seil has cheated lakhs of customers. We have purchased the share but unable to sell in the market. Our shares have been looked up and the share price is continuously falling. Every day we are trying to sell the share but only the shares of promoters are been sold and we are unable to sell a single share. From 20.11.17 we started to purchase the shares and daily we got message that the price of the share will increase. On 28.11.17 we got the message that the share prices will go up by 10%-20%. But on 29.11.17 the share price began to fall but we could not sell a single share where as the promoters could easily sell the share. I guess it is a scam.
    Same was dine with me..
    I got a tip from. Ad-dgains. They advise to purchase steelex. Now the price of share is down by 10% daily.

    The promoters and the advisors both cheated us

    why the department not take any legal action against this type of people and companies.
    SURENDRA SINGH RAO's reply, Sep 15, 2021
    If you looking for refund, contact me bez SEBI has fined them
    It was an organized loot by the promoters and their associated agents - which kept on calling up people and sending messages to invest and promising share price target of Rs. 200+
    Is SEBI listening to our anguish and will the Company Promoters be punished and our money returned ?
    I am talking about the Steel Exchange Of India.
    We need to make an online complaint to SEBI about this. Please start making individual complaints about it. 1 month trend is a clear proof that operators and promoters are making open loot.
    Even I got struck with this bloody share.. bought this at a very high price and now can't able to sell even a single share from the day it started falling. We got cheated by this company. Let me know the procedure to raise a complaint to SEBI on this.
    I have more than 400 shares in steel exchange for more than one year. Now want to sell the shares. But when I trade for sell I receive that the shares are not traded in the exchange. Please let me know the reason by return mail. My mail ID is [protected]@yahoo.co.in.
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