Disgusting, Sweet talking, who do nothing. Review on Indiabulls Financial Services Ltd

Names have not been changed to protect the interest of investors Names in order how these guys appeared in my life Indiabulls - Elphinstone Branch Mumbai Sheeta - Marketing executive very young. Didnt know any thing about stocks but promised millions because of her young blind faith in Relation Managers.

Approached me to open an account to which I just mentioned can Indiabulls help me make just Rs 5000 in a week and I shall open an account.My biggest mistake of my life meeting Sheetal and Karan to discuss account opening.

So the saga starts.. Dilesh one RM very fast and smart talking helps me to give ideas... I use these ideas to trade in Edelweiss as I have not opened an account with Indiabulls. The market is unpredictable and so are they. Why are they not so sure unless they are gambling. So here I am now stuck with deals over Rs 1 lakh 50 thousand trading in Nifty and loosing all the money. Thank you Indiabulls.

Dilesh is not not returning my calls. Cos his advice has bombed. He doesnt reply to my messages and I dont blame him because he is not obliged to help me

Sheetal : I have another friend Rohit Yadav, He will get you out of this mess. I say Great.. Rohit sends his executive who also collects a check of Rs 60000. My account is opened. And in less than a week this account value is reduced to Rs 25000/ . How come. Well in India bulls money just goes in but you can never be rich. This company has some lousy staff working . I have instances where all my stop losses got triggered why because the stupid agent couldnt take my instructions clearly. So rather than make money. I have lost money and all the scrips I had dealth with were all given by Indiabulls.

Rohit in the meanwhile has come with great ideas to recover money faster and suggest some Futures

he says great tips these are buy some in your account and buy some in Edelweiss. I lose again.. Rohit now ashamed doesnt have words to put forth.

Sheetal is now already out of Indiabulls hence now I am left in a lurch.

Meet Mr Rajeev Kapoor a smart swanky VP who sits in for a coffee with me and I discuss the plan ahead. I am down 2.5 lacs already and Indiabulls havent given me a good trade yet..

Alright says Rajeev we shall get you to trade in Delivery and not in Intraday or Nifty. I accept the wise advice and proceed.

We shall buy Tanla solutions says Rohit who by now has been out of touch as he is too busy getting more clients and people in his trap.

Tanla Solutions it seems was bought on Margin money and soon some sms's started to come asking me to pay Margin Money. I used to forward the messages to my new RM since now Rohit had quietly left thecompany . Even Ram Pratap Yadav the AVP or the VP Rajeev Kapoor didnt care where and why he quit coming to the company.. This company lack ownership and lacs the total dedication of people.

People and friends who I shared my experience with have openly vouched the company to be a "Thug Company". Absolutely having no ethics and no moral standards. They are too big to bother about people.

Its a shame.. Now back to Tanla Solutions...my request to do something withmy account were never heeded. Finally yesterday a call saying that my position is being squared off to which my tempers went wild and I told the VP its so bad that its me who has been following up on my case and no one has bothered to even call me about my position. . So my friends in just 5 trades my money which I had given Rs 60000 has been reduced to Rs 10000 only.. and do you know what Rampratap thinks and says..

he says Sir aapka paise to recover karke hi dena hai... what crap.. He thinks and promises that we are responsible to recover your lost money. How on earth can you create when you have not been able to save the same.

Now look at this. suddenly out of nowhere Dilesh who was absent from my life wakes up and talks to me. He is not even aware that I have an account with Indiabulls where as Rohit an Dilesh has been close friends.

No amount of calls to them or sms's have been able to change them

So friends email me and I shall tell you details of how poorly the business of Stock Broking is being done.. its one of the worst experiences I have encountered.

I have lost money with Indiabulls You dont.