On 30th March I have ordered Mr. Vasim Ahmed (Dealer of ANGEL BROKING) to bid for buying 1000 shares of Andhra Pradesh Paper Mills Ltd., in pre-market session at a price of Rs. 199.00 per share.
At 9:16 AM on the same day, when market opened, I asked Mr. Vasim that what happen with my bid, then Mr. Vasim told me that 1000 shares of Andhra Pradesh Paper Mills Ltd.have been sold @236.95 (short- sell). My account was credited with Rs. 236, 360.16 for this trae.
The trade was executed not in accordance, what I have ordered. I informed the branch & the feedback cell of the Angel Broking on the same day.
On 5th April 1000 shares of Andhra Pradesh Paper Mills Ltd were bought, in auction, @ Rs. 4711.55 for 961 shares @ Rs. 454.26 for 39 shares. My account was debited with a total of Rs. 4, 14, 582.16 for that auction.
The Contract Note of 961 shares was sent to me. I relating to this whole transaction did not accept all the Contract Note sent to me relating to this whole transaction by me.
On April 6th all of my securities lying in my Demat Account was sold without my consent. Detail of the Securities are as below:-
S. no Security Name Exchange Rate (Rs.) Quantity Amount (Rs.)
1. HFCL BSE 13.91 100 1391.00
2. BLS INFOTE BSE 0.50 1856 928.00
Total 2319.00
S. no Security Name Exchange Rate (Rs.) Quantity Amount (Rs.)
1. Alok Textile NSE 25.25 500 12625.00
2. ALPS IND NSE 4.60 90 414.00
3. Reliance Power NSE 132.60 189 25061.40
4. Valecha Engg NSE 110.06 200 22012.00
Total 60112.40
The total claim from both NSE and BSE is amounting to Rs. 62, 431.40
Computation of Claim Amount
Particulars Amount (Rs.)
1.Cash Margin lying in my account on 30th March 15, 338.00
2. Cost of my portfolio *
BSE 2, 319.00
NSE 60, 112.40 62431.40
3. Reversal of auction charges
Rs. 4, 14, 582.16
LESS: Rs. 2, 36, 360.16
1, 78, 222.00
4. Unrealized gain, which I have lost due to wrongly execution of trade 1, 78, 222.00
TOTAL (claim amount) 4, 34, 213.40
*I want my securities inspite of cash, which is sold by trading member without my consent from my Demat account or pool account.
The complained lodged by me was for an amount of Rs. 1, 58, 860.00 in your e-complaint section vide complaint no. 1104241279800681 NSE. Now, the claim is on the basis of above computation
Kindly consider my complaint and resolve the issue as earliest possible.
Waiting for fovourable response
Thanking you
Mohit Kalra
91-8010477999
e- mail: [email protected]
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