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.
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.
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.
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.
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.
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)
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
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.
Open Instant Online Account
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