Peerless Securities Complaints & Reviews

My DP ID IN300958 :CLIENT ID 10243646, name K Natarajan
I have a demat account which is now heard is dormant. I hv made several calls to activate the account as I have some stocks which I can sell and close the account. But I have not received any solution. I was told to complete kyc details for which I need to send some forms, but they are not sending them. Pl help.

I was earlier trading with peerless securities ltd.. My client id is 10256920.in connection with clarifications sought for by income tax dept i had mailed 3 messages to forward short term/long term statements and intraday statements with ledger for the fy 2015-16. They have failed to provide the same despite lapse of two weeks. As non compliance of itax requirements will lead to fine they should be requested to forward the same urgently. My mobile no. Is [protected]

Sir,
I smt namita rani pal opened a demat and trading account in your reputed company, but my account closed due to the unknown about the share market as per sebi guide lines. Every client didn't not know about the share market in berhampore branch.
Therefore i would request you to kindly told me the procedure for open a new account as the client who opened account but unknown about the share market, then i shall be highly obliged.
Thanking you,
Yours faithfully,
N716

Sir,
I want to open a demat a/c for trading due to my family maintained as i am a widow woman. I also filled your application form and submit a cheque of rs. 20000/- and your company sent me the dp id and master book and deducted my amount from my account. During confirmation i could not tell everything clearly, so my account remain inactive.
Therefore i would request you to kindly open my a/c for my family, then i shall be highly obliged.
Thanking you,
Yours faithfully,
N716,
Berhampore, murshidabad,
Pin-742102, w. B.

I would like to remind myself. I am N. Kannan a poor investor from Chennai Peerless Securities (My client code K329).
A girl whom you have appointed as the branch manager named Girija Devi, previously worked as a dealer in Centrum Broking Private Limited, made a loss of Rs.1,80,000/- in the previous company itself and she promised me that I will recover all your losses in a new company where I am going to be appointed as a branch manager (i.e, your Peerless securities, Chennai branch), and for this promise she has signed in a agreement also.
You may have doubt that how I believed her words, she told me that being a branch manager I can use my powers to take position for you, and for that she asked me for some margin money or Shares, I transferred Reliance Industries 10 Shares and TVS Motors 100 Shares the market value of those shares on that date is nearly Rs.25000/- I told her not to sell these shares but keep as margin fund, but she told both company shares with out my knowledge. Then she made some transactions with out my knowledge and lost all those money.
Due to that my account got debit of Rs.10000/- she told me to clear that even I have clear that also, now she is telling I can’t do anything you give another amount as margin then only I can trade for you.
Please check my account what’s my investment amount and now I am with Rs.13/- Debit.
A girl who is sitting in the system making a loss for many people and the top management is not ready to do any review means what you people are doing. Are you in to the professional business or you have started the company to cheat the investors.
Your worry is just to get the brokerage, not to safeguard the investors. If you have started the company for that purpose you people are suitable to start chit funds. Have you ever reviewed any accounts of any clients?
Please do something and get me my money back. I want to say that everything is happened with out my knowledge
She always talks with me like as if I made a mistake, I know that KYC forms stats that the risk borne by the investor, please never try to cheat the investor..
This mail will tell you how much I have affected because of her
I am waiting a favourable reply from you
By
N.Kannan

I have a demat/trading account with Peerless Securities Ltd, Jalpaiguri Branch since 2008. Being an employee of a Pvt. Company, I didn't have that much time to visit their branch office & check my account frequently. Hence, I was doing the transactions (buying & selling shares) over phone & on good faith only. But very recently, when I checked my account balance, I was surprised to see that a lot of mysterious transactions (future trading, call/put option) were carried out in my trading account, without taking any consent from me. AND FOR THIS, I HAVE SUFFERED A HUGE LOSS OF RS. 94000/- IN TOTALITY.

These broking houses are playing with common man's money, just for the sake of earning 'BROKERAGE".

Can I expect some justice in this regard ??????????