Nirmal Bang Complaints & Reviews

DP ID No. IN301604; Client ID No.10312567
As per order of Karnataka H. C. Camson Bio Technology Ltd. (on account of demerger of its seeds Division) had alloted to me 200 equity shares in Camson Seeds Ltd. (INE494T01017) on 20.01.2016 but till date these shars have not been credited to my account by you. Please let me know the reason for not crediting these shares in my account.
Champalal Banthia

Jyoti from Nirmal Bang at Karol Bagh has invested my entire INR 50000 in something which i am not aware of she always called me and gives me a statement to say when i get a call from someone in nirmal bang i want my money back asap i want to take a legal action against her as well as the company .i clearly mentioned that i will not bear any lose in any case also told her that i will not invest the entire money in any situation she promised the same and said that she will earn INR 200 to 300 rupees everyday. Nirmal Bang is really unprofessional and changing their statement every time. when ever i asked them for my details i want to know what is going on with my money you never shared they always said sir mere pe chhor do and when ever i asked for the calculations that what is happening to my amount and i need it for couple of days this is what she said
"sir wo kisi dollars mein invest kiya hai 31st tak ka time hai aapko 50000 ka 1 lac milega"
this is really disappointing from your end my wife is expecting and i need money and this is what they have done to me. on top of this there is no call or email from nirmal bang side that is another part of their unprofessionalism

please help if some one can i am really disturbed by all this i am a middle class person working in a call centre have all the responsibilities on me ...

Dear Sir, Please close my demat account with nirmal bang.

My Account details as under.

DP ID 1201330, Client ID 00301029

Please close of my account.

Mahesh Patel.

I have trade in forex 69 call in 2.5 praise. tomorrow give me short fall. then we decide fund transfer in a/c but have position cut without inform me. I inform to in charge Mr. atul tiwari & jitesh but nobody serious in this meter.

id-d1201171 RM- pankaj mob [protected]DT.15/3/16

Almost two weeks ago, I have applied for a new Demat account through your website (nirmalbang.com) . Later on I was approached by your relationship executive Mr. Pankaj rawat (contact no. [protected] / [protected]) and when I asked him to open an account in Equity but instead of that he forced me to open account with some ‘currency option’ which was totally mumbo-jumbo for me at that time. Once he opened that account he came with a total new story, he manipulated me to transfer some 25, 000/- rupees in that account, which he assured me that was neccesary for smooth running of future financial transactions. As funds get transferred to the account he contacted me again and again want me to buy in currency . When I told him that I was not familiar with these things and start retreating me. he came up with a new plan. He apprised me to some NEHA madam (contact no.[protected]). who is working in your currency department as she tole me. who also tried to forced me to invest in currency option . Later on with that many assurance I invested some 5000 rupees in currency.she told me that I should buy 500 doller @ 0.01 and you will assuredly return 2000 rupees on the same day. she did not told me that I have to pay 10000 rupees for broking charges. But things get worse when on the same day, in the evening I got a sms that my account is debited with some 16, 453/- rupees instead of 5000/- as mutually discussed. you can also listen the recording. When I tried to contact both Neha and pankaj they didn’t even properly respond my calls and they misguided me since last 6 to 7 days. They are not telling my funds and other things. I think this fraud had been played by PANKAJ and NEHA with some other agent in your karol bagh branch.

I am highly dissappointed by this type of service . Nirmal bang was a trusted brand for us. People like neha and pankaj are burning down customers trust to ashes. You are therefore requested to take some stern action against these fraud persons and Re-fund my broking charges .

My account details is as mentioned below :-


Name -Priti chopra
Code - D1201148
branch- karol bagh
Hope will hear from you soon.

Dear Sir,
I asked many times to your office Nirmal Bung for details of my trading a/c. i was bought only renuka sugar share for Rs. 600/- But what about my Rest of money/ Balance Details. I was given Rs. 5, 000/- cheque to you. But till date no one reply from your side. Please clearify me for my rest of balance. & also tell me why should i pay outstanding due of Rs. 152/- i[censored] had my balance Rs. 4, 400/- to your end.

Sandeep Patil.
[protected].

I lost my hard earned money just in one month . It all started after i got repeated calls by their agent Pankaj Rawat, i agreed to open an account with them and as in next step they forced me to transfer funds into demat account . i transferred 30, 000 initially, after a week he called me to put more funds, being unaware what was happening in the background, i transferred 30, 000 more . After couple of days he called me again and asked to put more funds as they lost my money. I was not even aware what they purchased and how come it turned to zero in no time. I refused to transfer more funds after which they have stopped picking my calls and i have not visibility at all.

They ate up my money just in one month, i am feeling so helpless that i cant do anything or take any action against them.

My Client ID- D1201072

I have newly opened a commodity segment account with client code B005720 with Nirmal bang securities pvt ltd, Bangalore branch, I have given a cheque of Rs. 50000 on 17dec, 2015. And I started trading in copper, but the same day on Thursday 17 Dec, 2015 and Friday on 18 Dec, 2015. Unauthorized trading done in my account by the them in lead and, I lost my Rs.44300 due to their unauthorized trading done in my account, hence I request you to help me to get back refund of my money in my account, if needed I will provide the check paid copy and account statement as well contract notes of the above stated period o[censored]nauthorized trading done in big lead lots by them due to I got a huge loss of Rs44300/- in two days as above stated.

TRADING ID D1201052 opened account with Nirmal Bang. Same day my Fund balance reduced to 50000 to 7000. Irresponsible trading. All fake. Eat up you money. God sake do not open account. please advice how take action them and how to get back my money.

On 26th, 27th, 28th and 29th Oct. 2015 this broker has done huge transaction in my trading a/c without by consent and incurred more than rupees one lac loss. and now forcing me to accept the loss. They are not allowing me to transfer my shares from my demat a/c also. This is a fraudulent behaviour of the broker. Please help. I am retired person aged 75 and they are stealing my money in this fashion. Please raise voice.

My Client ID with the company is E0012097

Regards
Amar Kumar Banerjee

Dear sir/mam, Client code-B0200261 I have opened a Demat account in "NIRMAL BANG SECURITIES, PUNE FC ROAD" by giving a check of Rupees 5000/- in favour of Nirmal Bang, Mumbai & my RM was Mr.yogesh godse, mobile number- [protected] Firstly he had traded through my account without my consent, then i got a call from "Nirmal Bang, Mumbai" stating that i have purchased several shares of so & so company.Company name i don't remembered...

Dear This is to bring to your notice that i am having a Demat Account with Nirmal Bang since 2014 under the name of my wife pooja taneja Client id: D0320003 which is handled by Mr Ranjeet at new delhi office. The Trade happened on 25th may2015 was without my consent and after that also the trade has happened in same manner which is unethical and unprofessional, i have been getting call to confirm the trade on same but i have not done so because trade was not done by me. This practice has been done previously also in my account as a result of that i have incurred huge losses. If you don't take any action against this i will have to legal action against the same. Regards Alok Taneja [protected]

Dear Sir, At the outset, I would like to mention that the Operation Of Nirmal Bang Securities is nothing but Pure Cheating of Clients. We feel that this matter should be taken up on Top Priority basis & totally stopped before they rope into more innocent customers & CHEAT them to make their own Handsome Profits. Actually they were introduced to me through one of my friends who handles my bank Accounts in India. Therefore I did not think it otherwise & as a result did not go through the reviews prior investing. The reviews are already very bad, but I do not understand why SEBI is not taking any action. I would corroborate the above with the turn of events, as follows: 1. Mr Avisek Basu, AVP & Mr. Ajit Molla had come over to my residence, to request me to invest in NIRMAL BANG SECURITIES. This was in the month of Dec 2014. 2. They explained their system of operation. But I informed them very categorically, a) That first year I will be investing only Rs 50, 000 & nothing more as presently I was unemployed. Later when I can see that they are providing me with enough profits, I will be investing more. b) Also I mentioned that I may be leaving station, suddenly, maybe even to foreign Countries, to which they replied, that there is no problem, they can handle everything through E- mail.etc. c) I also told that I have, never in my life ventured out to invest in SHARES & have no knowledge of same. They informed that it is their job to give me correct guidance & ensure that there is always growth. I only, have to accept verbally the telephonic information which will be projected to me now & then. 3) After all these discussion with full belief, I invested Rs.50, 000 with Nirmal Bang. At times, phone calls used to come at odd hours, when I am busy with something important, & I, as advised, by Mr Molla & Mr Basu, without understanding the implications, would just accept whatever have been told to me from the other side. This is the GAME PLAN OF THIS VICIOUS NETWORK. ALL PEOPLE CONNECTED TO THIS NETWORK ARE GUILTY & IF NOT CHARGED, LEGALLY, I AM SURE THEIR HEART WILL STATE THAT. 4) In the month of Feb. 2015 approx, all pressures of various nature, was put on me by the above mentioned people, who even came to my house, to invest further, just before monthly closing every month, so that heavy profits can be booked. This I had vehemently refused. 5) Slowly I found the interest shown, for my investment by Mr. Molla & Mr Basu have reduced drastically. 6) Therefore I had asked Mr Molla for a Payout. 7) The result was that I finally received a total of only Rs 3787/- against my Rs 50, 000, I had invested. This indicates a loss of Rs. 46213/-.over a period of 3 months. 8. When enquired, was told that they had booked high value shares by taking loan from Nirmal Bang in my name, & in turn NB is every month deducting interest etc from my account. This booking, if I remember correctly was never approved by me. They say that I have telephonically accepted this. I have been requesting them to provide me with evidence that I had concurred this booking. It has been over 15 days but they are unavailable to provide me same. Even If I consider that I have unknowingly concurred, but I can strongly prove that this was not mentioned to me by Emphasizing this point clearly that they are taking heavy loan on my behalf for acquiring high value shares. This was their Game Plan Of Cheating Innocent Senior Citizens.. When the same is informed to the Senior Executive, Mr Jaydeep Mukherjee of that office their approach is very much careless and unprofessional. Is this acceptable? This amounts to CHEATING & FRAUDULENT ACTIVITY. I strongly feel that these type people, Cheating Senior Citizens, their Hard Earned Money, maybe to cater for their own family needs do not deserve to survive in this society & should be immediately eradicated. Awaiting your favorable action. Warm Regards Tapan Kumar Roy Terminal Id : E0012184 43, Russa Road East First Lane Swiss Park, Kolkata- 700033. Mob : [protected]

Dear Sir, As i have opened my account on 03.07.2013 with Nirmal Bang Securities Pvt Ltd and my client code is- D016278. My account is being handled by Mr. Sunny Tyagi & Mr. Surjeet . Mr. Sunny mob no. is- [protected] Mr. Surjeet mob no. is- [protected] As per suggestion given by Mr. Sunny Tyagi I had paid thru cheque Rs. 5000/- for account opening and Rs. 20, 000/- cheque on Nirmal Bang Securities Pvt Ltd. then again another cheque of Rs.10, 000 /- on Nirmal Bang Securities Pvt Ltd. i was assured that you will get good return within 6month and dont need to trading we will do from our side But after 4-5month when i tried to contact with Mr. Sunny his cell no was continue off. Then i talked with Mr. Surjeet, he told that your Rs.18000/- has been loss when i asked reason.. i was told your account was not handled properly by concern person. So i said pls deactivate my account and return back my investment, but Mr. Surjeet told that your rest balance also cant not be refunded due to no trading from our side and now we cant help in this matter. kindly look into this matter and help to get my investment back because your co-ordinators have fraud with me and didnt give proper response now i am nill after paying. My details are given below... NAME- AMIT KUMAR MISHRA D.O.B[protected] S/O - PARASNATH MISHRA PAN CARD NO.-- AVLPM9641F Warm Regards, Amit Kumar Mishra Mob- [protected]

SIR I HAVE ACCOUNT IN NIRMAL BANG WHERE I HAV PURCHASED 800 SHARES OF ESS DEE ALUMINIUM LTD AND I HAVE GIVEN FULL AMT. TO THEM BUT THEY R NT ALLOWING ME TO TRADE IN THAT SHARE NOW BY SAYING THIS OUR HEAD OFFICE IN MUMBAI HAS BANNED TRADING IN THIS.ALL OTHER COMPANIES LIKE EDELWEISS, ANGEL, ALANKIT, BONANZA ARE ALLOWING TO DO TRADING IN THIS.I HAV GIVEN FULL AMT TO THEM BUT I CANT TRADE OR SELL IT .THIS IS A FRAUD CO. N ALSO THEY HAVE SOLD MY 165 SHARES FORCEFULLY.PLS HELP ME N PLS TAKE VRY SEVERE ACTION AGAINST THEMALSO STAFF OF NIRMAL BANG SPECIALLY BHAVNA N KAPIL HAVE SPOKEN VRY RUDE TO ME.I M A SIMPLE MAN WHO DOES A LOT S OF HARD WORK TO FEED HIS FAMILY.I M DARPAN JAIN [protected]...NIRMAL BANG BRANCH ADRESS IS IN KAROL BAGH 203 11/B8 2ND FLOOR PUSA ROAD DELHI 53.[protected]

I AM PREETI V RAVERI TRADING ID D0250308 IN NIRMAL BANG SECURITIES .GOURAV & RUPESH BOTH STAFF, [1] MISGUIDE ME IN COMM MATTER AS PER DIALODGE IT WAS SETTLED IN .08 PAISA BUT IN ACTULLY THEY CHARGING .20 PAISA [2] THEY PROVOKE OR ENFORCE ME TO TRADE IN CURRENCY WHICH WAS NOT MY FIELD &IN JUST TWO TRADE THEY PUT ME IN LOSS OF 160000.[ONE LAKH SIXTY THOUSAND].PLZ HELP ME OUT

Name – Samyamoy Dasgupta Client ID – 11430149 BK code- E0011962 People involved – Manager Equity - Rajib Ghosh (Kolkata Branch) Cluster Manager –Saurav Basu Mallick (Kolkata Branch) 4 months earlier in the month June I got a call from Rajib Ghosh Manager Equity on behalf of Nirmal bang stating that I can open an account with them and make a share market investment. I agreed to invest and he did visit my home and I paid an amount of 25, 000 to him. Later Saurav Basu Mallick-Cluster Manager of Nirmal Bang, did come to visit my home again after a few days, he assured me that he would treat it like his own account and will take care of it, and I paid an amount of 75, 000 to him. A total of 1 Lakh rupees has been invested by me. They had committed that within 3 months after my portfolio has been made, I will get a good return on my money, estimated 3 to 4 lakhs, and I need to this mention that I DID TELL THEM THAT I CANNOT GIVE MORE THAN 3-4 MONTHS TIME FOR THIS, and they did commit that it is enough for them to return it (I have a recorded call as proof wherein this fact is stated).Also all the while I was given no details about my account or anything related to the investment, I never got a call asking for permission regarding the shares being investment, I had not even shared my password as well but he explained that somehow he has invested the money from account so basically it is without my permission .And even after repeated asking, they kept lagging on the response. On 21st October, 14’ Rajib Ghosh did meet me, he was carrying some papers which he asked me to sign, I wanted to read but he did not allow me to read them. We met on the road quickly he made me sign it and then left. Recently when I started enquiring about what was happening about the share, and I needed to know information about it they kept saying they will send it, and after I did strictly asked about it, then they did send me an email, and I was shocked to see that there was no portfolio made as committed, instead there was a day to day investment detail that too all with losses showing, and I have just 2200 rupees left in my account now. There was supposed to be an agglomerated investment- a portfolio and not a day to investment, when I was out of my wits and asked them what have they done with my money, and why I was not even informed anything, even if there was anything negative was happening I should have been informed about it, atleast I should have been given an option to choose what to do.They never contacted me never told me any details, instead they kept disconnecting my calls, kept avoiding me. Now that I knew everything, they asked me to meet them on Friday, Saurav Basu did accept over phone that it is his mistake, I said I wanted my money back but they cannot do that, they are not even ready to take ownership of the issue, instead they threatened me that they will do something bad, and they are now asking for time to return, I have proof to all that I am stating, if one goes through the details everything would be crystal clear that they have taken there own dividend profited nicely, and were not concerned about my profit at all, and now I need my entire investment returned with interest as committed to me, and I do not want to continue with Nirmal Bang. If I do not get it back I will take whatever necessary action is required to get my money back- I am not a millionaire ready to be robbed, that is my money earned with hardwork and not looting people or being sly and convincing them, and I am not going to take it easy.

hi My name is Arun Kumar, my Trading account id is D0210034, Initially I paid Rs. 22000/- in my trading account and requested Mr. Bhuvnesh, who is working in Nirmal Bang (Address :- 203, 11b/8, 2nd Floor Tiwari House, Karolbagh, New Delhi) to keep trading until I will get loss not more than Rs. 2000 in my account. On 20th Oct 2013, I asked Mr. Bhuvnesh, I need to some cash, so sell all the stocks from my account and pay my money back, but...

This is to inform that there has been trading in my account without my knowledge, which has in turn given me huge losses.There had also been trades above the capacity of my margin, thereby implying penalty.Thus, i have paid for both losses as well as penalties levied.Therefore, i would like the Forum to look into the matter and do the required.

Dear Sir, I am an account holder of Nirmal Bang Securities Ltd Kolkata. Please note that Nirmal Bang has cheated me by selling my shares demat to them. My financial loss is about Rs 80, 000(Eighty Thousand Only).Pls help me as I am passing through a great financial crisis. I will furnish all details. Regards, Prabir Kumar Mukherjee Mobile [protected]