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Bharathaselvan K to lakshminarayan.
show details Mar 13 Reply
fromBharathaselvan K
[email protected],
dateThu, Mar 13 at 2:51 PM
subjectNeed Reply
mailed-bygmail.com
hide details Mar 13 Reply
Hi
Sub: Shares sold 2310nos at shortsell and purchased at higher rate. - Reg
Ref: Client Id: KARUNABH
I have purchase JP Associates shares 3000 nos at the rate of 207.88 on
07/03. Purchase details given below.
Contract No : 9056628
Settlement No: NN2008048
Settlement Period From :07/03 To :07/03
Sir/s, I/We have this day done by your order and on your account the
following transactions.
&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&-
&&&-Bought For You&&&
&&&&Sold For You&--
Qty Rate B.Brkg Rate Brk Security Qty
Rate B.Brkg Rate-Brk
&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&-
2300 206.8500 1.0343 207.8843 JP ASSOCIA
10 206.8500 1.0343 207.8843 JP ASSOCIA
690 206.8500 1.0343 207.8843 JP ASSOCIA
NetAmt: 623, 652.90Dr NetQty: 3000 (B) NetRate :207.88
On 10-03 morning at 10:05 AM market was crashed in the beginning
and I decided to sell the 3000 nos of JP Associates and sold at the
rate
of Rs 205.00 under loss of Rs 2.7 to avoid furthur loss in the
investment what we have. Share sold details given below.
Contract No : 9096386
Settlement No: NN2008049
Settlement Period From :10/03 To :10/03
Sir/s, I/We have this day done by your order and on your account the
following transactions.
&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&-
&&&-Bought For You&&&
&&&&Sold For You&--
Qty Rate B.Brkg Rate Brk Security Qty
Rate B.Brkg Rate-Brk
&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&-
JP ASSOCIA 12
201.9500 1.0098 200.9402
JP ASSOCIA 500
201.9500 1.0098 200.9402
JP ASSOCIA 250
201.9500 1.0098 200.9402
JP ASSOCIA 200
201.9500 1.0098 200.9402
JP ASSOCIA 50
201.9500 1.0098 200.9402
JP ASSOCIA 8
201.9500 1.0098 200.9402
JP ASSOCIA 60
201.9500 1.0098 200.9402
JP ASSOCIA 50
201.9500 1.0098 200.9402
JP ASSOCIA 500
201.9500 1.0098 200.9402
JP ASSOCIA 25
201.9500 1.0098 200.9402
JP ASSOCIA 100
201.9500 1.0098 200.9402
JP ASSOCIA 1245
201.9500 1.0098 200.9402
JP ASSOCIA 2310
212.7500 1.0638 211.6862
NetAmt: 1, 091, 815.7220Cr NetQty: 5310 (S)
NetRate :205.6150
I have been confirmed about the shares sold from my account and it was
reflected that the 3000 shares sold at 11:00 AM.
Next day 11-03 i have recevied Email from India Infoline that
additional 2310 shares were sold on 10-03 at the rate
of Rs 205.6150. I was really shocked to see that additional 2310 nos
shares sold in my account without my concern and came
to know that the shares were sold by head office. Next day 11-03
Head office purchased the same quantity of shares 2310nos
at the rate of Rs 252.1545. Above said purchase i came thru mail.
Details given below.
Contract No : 9136006
Settlement No: NN2008050
Settlement Period From :11/03 To :11/03
Sir/s, I/We have this day done by your order and on your account the
following transactions.
&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&-
&&&-Bought For You&&&
&&&&Sold For You&--
Qty Rate B.Brkg Rate Brk Security Qty
Rate B.Brkg Rate-Brk
&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&-
25 250.9000 1.2545 252.1545 JP ASSOCIA
165 250.9000 1.2545 252.1545 JP ASSOCIA
45 250.9000 1.2545 252.1545 JP ASSOCIA
100 250.9000 1.2545 252.1545 JP ASSOCIA
1000 250.9000 1.2545 252.1545 JP ASSOCIA
100 250.9000 1.2545 252.1545 JP ASSOCIA
100 250.9000 1.2545 252.1545 JP ASSOCIA
25 250.9000 1.2545 252.1545 JP ASSOCIA
5 250.9000 1.2545 252.1545 JP ASSOCIA
50 250.9000 1.2545 252.1545 JP ASSOCIA
50 250.9000 1.2545 252.1545 JP ASSOCIA
500 250.9000 1.2545 252.1545 JP ASSOCIA
25 250.9000 1.2545 252.1545 JP ASSOCIA
25 250.9000 1.2545 252.1545 JP ASSOCIA
20 250.9000 1.2545 252.1545 JP ASSOCIA
25 250.9000 1.2545 252.1545 JP ASSOCIA
50 250.9000 1.2545 252.1545 JP ASSOCIA
NetAmt: 582, 476.8950Dr NetQty: 2310 (B)
NetRate :252.1545
It is rediculous to see that selling excess shares (shortsell) at
lower price and buying at higher price without
the customer knowledge. Updation of the selling and buying in the
account has to be reflected immediately in the database
either it is from branch office or headoffice. If updation of the
account is not happened from Branch office to head office
is not the customer problem. India Infoline has to take the total
responsibility for the incident happened now.
I need proper justification and need to refund the entire money the
shares of 2310 nos which is sold and purchased with
higher rate.
I have good faith on the company for doing business. After this
incident I am really afraid to do business. I expect the
reply with in 24 hrs and refund the money of RS 474970.65 which was
sold at the rate of Rs 205.6150. I am not responsible
for the share which is purchased at Rs 252.1545
If I have not received any reply from your end I have forced to go
leagel actions.
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