Resolving Concerns Swiftly: Sharekhan Complaints- Garv Thakur
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Sharekhan Consumer Complaints
Sharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. It has grown immensely since last 10 years and now is considered as the leading stock broker of India. The stock broker provides its services to all kind of customers that includes investors, traders, corporate, institutional and NRIs. It provides its trade execution facilities for the Equity Cash and derivatives segments on BSE and NSE, commodity facilities on MCX and NCDEX.
Sharekhan complaints are the reports that provide the detailed number of complaints that are received by the stock exchanges from the Sharekhan customers. The consumer complaint report analyses the online complaint data registered on the National Stock Exchanges and Sharekhan customer reviews. This report analyses the health of the broker.
These are the serious grievances and Sharekhan issues that are against Sharekhan broker which the customer and the broker failed to resolve. The customer then files these legal Sharekhan customer complaints with the stock exchanges. The Sharekhan complaint numbers also provides the number of active clients and Sharekhan feedback. Sharekhan customer care complaint further determines the health of the broker. Sharekhan complaint email ID is myaccount@sharekhan.com
Sharekhan Consumer Complaints on Yearly Basis
Exchange | Financial Year | Number of Clients | Total Complaints |
BSE | 2024-23 | 85,707 | 4 |
NSE | 2024-23 | 7,77,362 | 91 |
BSE | 2024-22 | 1,54,645 | 24 |
NSE | 2024-22 | 7,64,250 | 292 |
BSE | 2024-21 | 120,855 | 6 |
NSE | 2024-21 | 613,285 | 270 |
BSE | 2019-20 | 120,469 | 11 |
NSE | 2019-20 | 549,778 | 187 |
BSE | 2018-19 | 92,506 | 12 |
NSE | 2018-19 | 517,252 | 125 |
BSE | 2017-18 | 209,178 | 36 |
NSE | 2017-18 | 535,003 | 154 |
BSE | 2016-17 | 149,829 | 17 |
NSE | 2016-17 | 366,468 | 104 |
BSE | 2015-16 | 131,690 | 29 |
NSE | 2015-16 | 335,843 | 159 |
BSE | 2014-15 | 82,092 | 34 |
NSE | 2014-15 | 342,592 | 141 |
BSE | 2013-14 | 1,182,390 | 43 |
NSE | 2013-14 | 274,777 | 142 |
BSE | 2012-13 | 1,129,261 | 42 |
NSE | 2012-13 | 1,125,128 | 126 |
BSE | 2011-12 | 1,044,117 | 86 |
NSE | 2011-12 | 1,033,963 | 173 |
Sharekhan Complaints at NSE
| 2024-23 | 2024-22 | 2024-21 |
No. of active clients | 777362 | 764250 | 679333 |
No. of complaints received * | 91 | 292 | 405 |
Resolved through the exchange | 73 | 217 | 334 |
Non actionable ** | 9 | 60 | 60 |
Advised / Opted for arbitration | 0 | 3 | 0 |
Pending for redressal with exchange | 9 | 12 | 11 |
No. of arbitration filed by clients | 4 | 8 | 5 |
Decided by arbitrators in favor of the clients | 3 | 6 | 3 |
Decided by the arbitrators | 0 | 1 | 2 |
Pending for redressal with arbitrators | 1 | 2 | 2 |
Sharekhan Complaints at BSE
| 2024-23 | 2024-22 | 2024-21 |
No. of active clients | 85707 | 154645 | 120855 |
No. of complaints received * | 4 | 24 | 6 |
Resolved through the exchange | 4 | 24 | 3 |
Non actionable ** | 1 | 3 | 0 |
Advised / Opted for arbitration | 0 | 0 | 1 |
Pending for redressal with exchange | 0 | 0 | 3 |
No. of arbitration filed by clients | 0 | 0 | 0 |
Decided by arbitrators in favor of the clients | 0 | 0 | 0 |
Decided by the arbitrators | 0 | 0 | 0 |
Pending for redressal with arbitrators | 0 | 0 | 0 |
Note:
*It includes against its sub brokers, authorised persons, employees, etc.
**Non-Actionable means that the complaints are incomplete or outside the scope of stock exchange.
Comments for Resolving Concerns Swiftly: Sharekhan Complaints- Garv Thakur
Frequently Asked Questions
In case the customer forgot or lost their Sharekhan Login Id then they can get it back on their mobile or mail id at any time just by submitting an online request.
Steps to recover Sharekhan Login ID are:
• Visit the Sharekhan Website.
• Select the login or trade option in the top right.
• Click on the Forgot Id.
• Now, check on login Id.
• Enter the mobile number and mail.
• Validate the Captcha code.
• Click on the Submit Option, then the login will be sent to their mobile or mail as per their choice.
Yes, Sharekhan offers mutual funds SIP services.
Good-For-day is the validation period of order with Sharekhan. The orders that are placed under GFD are valid until the market closes on the day of the placing order and it will be executed as soon as the set price is available.
It takes maximum 24 hrs except the bank holidays.
No, Sharekhan do not offer the forex trading facility.
Sharekhan is known for bringing the new and innovative ways of investment. It helps its customers to earn more profits in the near future. It is a very trustworthy firm and one must feel safe being under them.
Trade Tiger is the Sharekhan desktop trading platform.
Sharekhan works on various platforms and this makes it very convenient for the users. It provides a pretty solid mobile trading facility. The platform works on high speed advancement and gets the work done in no time.
In order to open a trading account with Sharekhan, the account opening is free.
Sharekhan offers four types of accounts to suit the customers need:
• First Step (For Beginners)
• Classic (For Investors)
• Trade Tight (for Active Traders)
• Advisory (For HNIs)
Yes, while the bidding for the IPO shares is open, the customers can modify or cancel the IPO application placed online.
Pay-in options include Cheque, Online Bank Transfer via IMPS, NEFT or RTGS, UPI, Net banking/Payment Gateway from Reliance Smart Money Platform.
Pay-out/Fund Withdrawal- Bank Transfers only.
Sharekhan is a depository participant with both NSDL and CDSL depositories. The customers can choose from one of the depositories at the time of account opening. The Sharekhan DP Id on which depository you have the account with. Sharekhan DP Ids for NSDL and CDSL are:
NSDL DP Id: IN300513
CDSL Id: 12036000
No, Sharekhan is not free. The company charges brokerage and other fees for its services.
It is a part of Stop Loss order. When an individual places a stop loss order then you are required to enter two types of prices i.e. Trigger price and Limit Price. The stop loss order gets activated when the price of a security reaches or crosses the trigger price. The order is executed at the limit price as mentioned.
Yes, Sharekhan provides day trading and it increases the chance of doing excellent business of luring the customers in who are just as willing to put their money into action.
There are two ways to open an account with Sharekhan:
• Request a call back from Sharekhan representative for account opening.
• Now, visit the local branch or request a call back and their sales representative will call you in some time.
No, the users can’t utilize the trading account allocated funds for IPO. But they can transfer fund between the trading account and IPO account.
Yes, this stock broker provides news and live market alerts.
No, Sharekhan does not allows to have multiple trading accounts with the same.
Yes, Sharekhan provides the quarterly reports of equity and mutual funds.
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