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Indiabulls Complaints & Reviews

Indiabulls / My overall impression is that company's rank and file employees are lowly paid and disgruntled


It is more than a month to my filling forms for opening an account, and I am yet to get hold of my account details. All I have got till now is few emails confirming that my account has been created with Indiabulls. I tried to contact so called relationship manager, but he seems to have changed his mobile number. Email requests to Indiabulls have never been replied. If anybody knows what kind of action I can take to at least make them refund my account opening fee, please let me know. I would absolutely prohibit everyone to deal with Indiabulls. My overall impression is that company’s rank and...

Indiabulls / Loss due to neglegency of operators.

I have a trading account in Indiabulls at Panipat and I am an Intraday trader. A few months back, I suffered a loss of about 20, 000/- due to shear neglegency of the operators. On that day I had sold about 1000 shares of SAIL and asked to put a stop loss of s. 5 higher so that I do not suffer loss more than 5000/- But at the end of the day, I was stunned to see that the loss was more than 25000/- Actually, the operators at Panipat are very ingorant and careless and do not even know how to place stoploss orders. On checking, I found that the operator had put thebuy and the trigger price same...

Indiabulls / Unauthorized selling of securities!

The indiabulls have sold my securities without informing me due to which i have suffered huge loss.their officials verbally accepted their mistake but now they turned from their own words and refused to compensate me. Nobody seems to be interested in solving the customer complaint and making excuses and delaying the matter thus harassing and cheating me. Due to their mistake i have suffered loss and feel mentally tortured. Is there anybody in indiabulls to solve the matter or they will keep on cheating the investors. And making money by wrong ways! Beware!

Indiabulls / Unauthorised trading, not refunding money

A year ago, I opened a trading account with IndiaBulls Trading company in Bangalore. Within 2 days of opening the account, the company used the money in my account without authorisation to buy shares on its own, without even informing me. Later in the evening, a customer care executive called and said that he had done me a big favour as i would make a lot of money in the future days. I immediately asked IndiaBulls to close my account and return all money to me since i felt they were not trustworthy anymore. They did not return my money, and my follow up calls after that have not been answered...