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LKP Securities Complaints & Reviews

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Updated: Jul 9, 2022
Complaints 42
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7
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LKP Securities reviews & complaints page 2

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T
trrajesh2000
from Mumbai, Maharashtra
Oct 20, 2016
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Unethical behaviour and fraud account no 81407

Address: Thane, Maharashtra, 401107
Website: LKP Securities

Mr. Lahu chavan from goregaon branch lkp had left the organization without intimating me and kept my money in options which was not closed. Eventually ending it in huge loss. The manager sanjay singh and lahu chavan are putting blame on each other without resolution. However i am penalised. This is totally unfair and i want reimbersument for the same....
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D
dasarat rajbhar
from Mumbai, Maharashtra
Oct 17, 2016
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Complaint

Address: Mumbai City, Maharashtra, 400077

Dear sir/madam

I am client Dasarat rajbhar
Client code[protected] in lkp securities ltd
My contect number - [protected]
Again i said somebody was traded in my account without my permission and also 100000 / margin. so please take serious action and this is full and final warning for company outherwise i mail SEBI please solve this problem pratik sir i request you its serious case...
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DPSinha
from Mumbai, Maharashtra
Sep 9, 2016
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Unauthorised trading

Address: Hooghly, West Bengal, 712601

I hold an account ( 4626D001) with LKP Securities, Kolkata Branch. My account is supervised by Mr. Swarup Bhattacharya ( Mobile no. [protected]). However since opening the account he is trading in my account at his own will without my knowledge and permission. Even after repeated request of stop trading he did not adhere me. Now my investment worth Rs 170000 becomes 90000. Please help.
Debaprasad Sinha...
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Address: 110092
Website: www.lkpsecurities.com

We opened two d mat accounts in my name swaminathan munuswamy devaraj. Client no.12037001 & my wife smt. Pushpa devaraj client no. 00799737 during dec 2014 in delhi. The login & trading password were received for my wife but same not provided to me in spite of writing to mr. Suraj singh, asst area sales manage who lured me to open the d mat account with tall promises and assurances. Thus he deprived me from using the portal to monitor the...
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S
subujee
from Chennai, Tamil Nadu
Jul 6, 2016
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Non settleemnt of dues

Address: 600004
Website: lkp

Pitchaai subramaniam bo/trading code: 11210133
Lkp chennai had unilaterally set off my positions without my consent. while margins are due on t+1 they adjust the positions during trading hours itself

Most disturbing is their severe fund crunch. they do not pay out even after the positions are closed and various reminders sent... it seems lkp is in dire financial straits.

Sebi, nse should immediately investigate...
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sanjeev19710501
from Chennai, Tamil Nadu
Jun 21, 2016
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Misguiding in trading and earning and earning huge broerage

Address: Thane, Maharashtra, 421201

Sir,

This is ridiculous to say that your person and staff member give the proper guidance on trading call. Every time they give call but fail. Though your person has come to my door step to ask me to open an account with our organization which I did. But it is your organization which has earned good brokerage from my account. I have suffered a loss of Rs.500000/-. All is done whatever call received from your people. It looks...
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Z
zohra.dawoodani
from Delhi, Delhi
May 26, 2016
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Selling shares without asking and misguiding clients

Address: Mumbai City, Maharashtra, 400050
Website: www.lkpsec.com

Lkp securities agent ritesh sold all my shares of lnt finance and andhra bank in loss despite me telling them i am not approving of this. This was for 1 lakh rs.
On questioning why did they do this, they say it is a policy to keep moving shares and we will buy back once rate is good.In other words "i need brokerage, i dont care about your money". How can a company sell my shares against my wish?

Ritesh advised me to...
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A
akv003
May 17, 2016
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Bad trading practice

Address: Mumbai City, Maharashtra, 400021
Website: www.lkpsec.com

I have opened trading account with lkp securitiesa year back. My lkp account adviser called me on march 31 2016 (4 times) to me trade in my account for a trade lead they had. I said ok to him to go ahead for the trade. He has made more than 70 trade entries at his will through out the day into my account for which lkp has charged heavy brokerage charges which sum up to 55 thousand. The total trade amounts to 2.7 lacs. I had net 17 thousand...
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R
rajiv556
from Delhi, Delhi
Sep 23, 2015
May 11, 2022
This thread was updated on May 11, 2022
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Misguiding Client

Address: New Delhi, Delhi
Website: www.lkponline.com/

Dear Mam/ Sir, My trading account number is[protected]. I open my account since 5 month back with Rs. 41000 in the company naming LKP SECURITIES. Here the person (Name - Mr. Mubarak, Branch Head & Mr. Brijesh, RM) working in Karol Bagh, Delhi are misguiding their client by giving wrong confirmation calls, due to which i lost all my money in just 5 months i.e. Rs. 133 only out of Rs. 41000. Firstly they told me that "we will be trade on...
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rajiv556
from Delhi, Delhi
Sep 23, 2015
May 2, 2022
This thread was updated on May 2, 2022
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Experts misguided people regarding confirmation calls

Address: New Delhi, Delhi
Website: www.lkponline.com/

My trading account number is[protected]. I open my account since 5 month back with Rs. 41000 in the worst company naming LKP SECURITIES. Here the person (Name - Mr. Mubarak, Branch Head & RM Brijesh) working in Karol Bagh, Delhi are misguiding their client by giving wrong confirmation calls, due to which i lost all my money in just 5 months i.e. Rs. 133 only out of Rs. 41000. So Dear Investors whoever may read my message, please do not...
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pshagul05
from Chennai, Tamil Nadu
Aug 22, 2015
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Cheating the invested amount and not repaying - no response

Address: Chennai, Tamil Nadu

Hi, I have invested minium amount of rupees (5000) in this trading company as i was new to trading. The Relationship Manager B.SARAVANAN said they can trade with this amount and you can retake this amount whenever you want. 5 months went to create an account as they said system problem, email problem, network problem, breakfast problem, lunch problem.*** So i asked them to close the account as i was not satisfied and to repay the...
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shrikantsa
from Pune, Maharashtra
Jul 20, 2015
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Regarding Service

Address: Mumbai City, Maharashtra

Hi, My name is Shrikant Sahu, I have opened account in LKP securities in the month of March 2015 but service they offered are worst one.There research related to share are worst one there dealer buy the good but i faced the loss regular basis.The sales person Attiya was cheated me they given lots of committed to service but that was not happen. She left the organisation, when i called her regarding service, she not picked my phone and not...
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C
ckgorle
from Mumbai, Maharashtra
May 23, 2015
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Unknowingly Debited amount of 30000/- also nobody responding to calls

Sirs, I have your demat account (Cient code[protected]. My account has debited 3 0000/- from my account without any information to me. When I tried to ask my brokes they are not responding to my calls and emails. My broker names are Mrs Manali More and Soham Dhami mumbai branch now not responding to my call and not even informing me my account status. I think Manali has resigned but Mr. Soham is not responding to me. I sincerely request you...
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G
gudi
from Hampi, Karnataka
Apr 24, 2015
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Without me information debited my a/c 25000/

Address: West Godavari, Andhra Pradesh

Sir,
I am Bhagyashree jain (A/C ID[protected] Iinformed to you that my a/c is dedited rs 25000/ in february
withot me information or without me knowledge.sir when i ask to mr anil he said subscriptin amount. sir i
inform to you that i not subscribed.sir ialso ask to mr rushabh but he is not given satified answer. I
also speak to MR.NISHANT your mumbai office he said to me send complaint mail.I also send 2 times...
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A
Apara65
from Mumbai, Maharashtra
Apr 8, 2015
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Misuse of my demat ac

Address: Kolkata, West Bengal

I have opened an account with LKP SECURITIES limited on 17 dec 2014 .I had given more than 1 lack to them for trading . but without my prior concern they have used the fund . One day I even called in there landline and asked about my acc, which they said they were asked by there senior person to invest in some share I immediately told them stop trading .but still every day messages use to come to my phone that shares are being traded .i spoke...
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R
Rakesh Grewal
from Bhubaneshwar, Odisha
Jan 1, 2015
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to close the account and withdraw all money

Address: Rewari, Haryana

sir

I have tried to connect many times with your gurgaon branch
and Mumbai branch to close the account.
and my agent stop working with lkp.
also when I stop trading I had approx 8000 Rs in my account.
now it show only rs 5000/--


Now I want to close this account
Will you please tell me the procedure...
to close the account

the details of my demat...
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R
RC Katoch
from Bakloh, Punjab
Dec 26, 2014
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Not satisfaction for your services

Address: Kangra, Himachal Pradesh

To Tradesmart Ref. ID[protected] Trade A/c No:[protected] DR No: - 1510 Sub: - Non- Receipts of shares amounting Rs 47500/- (Fourty Seven Thousand Five Hundred only) Dear Sir, Yours LKP security office at Palampur Distt. Kangra [H.P] has been closed since 2012 and Mr. Uday Dhadwal has run away cheating no of persons including me. (1). I have paid Rs. 47500/- (Fourty Seven Thousand Five Hundred only.) for Purchased of shares...
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2
228268cw
from Pune, Maharashtra
Feb 19, 2014
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I have closed my account code 16680013

As promised to return unused capital and brokerage balance which i have received some and all as promeised by your broker mr.Kinzal at your jungli maharaj office, pune . Since last two weeks i have been trying to contact him but he does not pick up the phone and he has shown nocurtacy to explain ...It seems he tries to sweendle me...Please call me[protected] or land line[protected]...
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Pradeep Arora
from Noida, Uttar Pradesh
Apr 12, 2010
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Refund of stamp duty

Address: Central Delhi, Delhi

Kindly help in getting this stam duty which i think is not fare on part of lkp secuties ltd.

Get this stam duty refund at the earliest possible.

Even today also they are charging 1000 rs per crore which other are charging 200 per crore.

This is in reference to my previous mails and corresponce at ito office
I am pradeep arora having account with lkp securities ltd with trading code dp564...
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SWAPAN PATLACK
from Pune, Maharashtra
Feb 22, 2010
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Delay in loan

Dear Sirs

After about 45 days of my Employer submitting your Office form 31, I have not received any response till date.The details of my account are given as under

PF Account no MH47387-
Member's Account no MH47387/14
Name swapan patlack
Employer's name Ms lkp securities ltd Mumbai
Date of Submission of form[protected]

Sir i request you to kindly look into...
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