Indiabulls Securities Limited
Very Poor Service, Knowledge and Performance in Portfolio Management

Business & Finance

This is Mithilesh Bandiwdekar, a Software Consultant in Mumbai, who was happy doing software business and having no knowledge of Intraday Trading. And then one day a person named Avinash Salunkhe, a so-called stock market intra-day expert from IndiaBulls Securities came to my office, and asked me to deposit Rs. 25900/- for intra-day trading with Indiabulls. With a view to learn something about Stock Trading, i decided to open an account.

The very first day was great i earned Rs. - as informed by so-called my personal portfolio manager from Indiabulls. After that every day there were losses, but still i hanged up with them with a hope that i will learn something as well as earn something. I called up those guys to come to my office and explain what is happening, but who cares about you. No one came ever. Now within 1 month's time the balance has come down from 25900 to 3000 only. With very less knowledge about this business, i am unable to find out how there was loss and Mr. Avinash Salunkhe is least bothered to pick up my call and explain the same.

Conclusion: Investing with Indiabulls a big wrong decision in my life. I would never ever suggest anyone to go with Indiabulls.


Company: Indiabulls Securities Limited
Country: India
State: Maharashtra
City: Mumbai City
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