Marwadi Shares is a full-service broker which was incorporated in the year 1992. It is a financial service firm that avails its broking services in various segments such as stock, commodity and derivatives through NSE, BSE, NCDEX and MCX. This broker has earned the experience of more than 20 years of experience in the capital market in different fields such as Equity Trading, Commodity, Currency Trading, etc.
This broker also allows quick fund transfer through multiple mediums such as NEFT, RTGS and various other payment gateways.
The company also avails various investment opportunities in the Currency Futures and Options, demat services, IPOs, Research services, PMS, online trading, new pension scheme distribution, and various financial products such as Mutual Funds and insurance among others. The company focuses on meeting the needs of its retail and institutional clients. The company is in Rajkot, Gujrat and has more than 90 branches and 1450 channel partners.
Marwadi Shares Complaints
The Marwadi Shares complaint research provides the complete detailed report about the number of complaints that are received by the stock exchages. The consumer complaint research report examines the data received digitally by BSE and NSE.
These complaints are the serious grievances that are recorded against the Marwadi Share broker by their customer that are unsolved. These complaints are then filed by the various customers at the National Stock Exchanges. These complaints determine the number of active clients. In other words, it determines the health of the broker.
Marwadi Shares Complaints (On-Yearly Basis)
Exchange
Financial Year
No. of Clients
Total Complaints
NSE
2020-21
98,469
5
NSE
2019-20
86,709
6
BSE
2018-19
35,463
1
NSE
2018-19
89,537
8
BSE
2017-18
63,723
3
NSE
2016-17
53,712
7
BSE
2015-16
31,632
2
NSE
2015-16
33,442
4
BSE
2014-15
26,787
2
NSE
2014-15
26,598
4
BSE
2013-14
159,895
1
NSE
2013-14
22,385
2
BSE
2012-13
156,149
6
NSE
2012-13
130,338
8
BSE
2011-12
149,324
6
NSE
2011-12
127,959
7
Marwadi Shares Complaints at NSE
2020-21
2019-20
2018-19
Defaulter Yes/No
No
No
No
No. of clients at the beginning of the year
No. of active clients
98,469
86,709
89,537
No. of complaints received *
5
6
8
Resolved through the exchange
4
6
8
Non actionable **
0
0
0
Advised / Opted for arbitration
0
0
0
Pending for redressal with exchange
1
0
0
No. of arbitration filed by clients
Decided by arbitrators in favor of the clients
Decided by the arbitrators
Pending for redressal with arbitrators
% of No. of complaints as against No. of active clients
0
0
0
% of complaints resolved as against complaints received
80
100
100
Marwadi Shares Complains at BSE
2018-19
2017-18
2015-16
Defaulter Yes/No
No
No
No
No. of clients at the beginning of the year
2,57,499
2,13,169
1,73,288
No. of active clients
35,463
63,723
31,632
No. of complaints received *
1
3
2
Resolved through the exchange
1
3
2
Non actionable **
0
0
0
Advised / Opted for arbitration
0
0
0
Pending for redressal with exchange
0
0
0
No. of arbitration filed by clients
0
2
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
2
0
% of No. of complaints as against No. of active clients
0
0
0.01
% of complaints resolved as against complaints received
Yes, an individual can square up their position. The customer can short sell i.e. go short and square up within the settlement or it can go long and square up within the settlement.
Yes, the clients will get the limit on the stock sold are lying in the Margin Pledge/CUSA. These limits will be across all the segments in all the exchanges as it is reduced by VaR ELM of the stocks sold.