“Investors are requested to note that Stock broker Ridhi Share Brokers Private Limited is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker Ridhi Share Brokers Private Limited is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.”

Attention Investors

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
3. Pay 20% upfront margin of the transaction value to trade in cash market segment.
4. Investors may please refer to the Exchange’s Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. Continuation Sheet.
5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

………. Issued in the interest of Investors”

Attention Investors

Prevent unauthorised transactions in your account –> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day. Issued in the interest of investors.

Ridhi Share Broker is a Certified Stock Broking Firm with complete infrastructure of broking services. We started rendering our services in August 2008 & since then, we have crossed various milestones.The Foundation wall was built upon by Mr. Sandeep Sharma, a young budding engineer in August 2008.

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Attention Investors

• Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: https://www.nseindia.com/invest/about-defaulter-section.
• Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.
• Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.
• Don’t ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.
• Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.
• Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.”

RISK DISCLOSURES ON DERIVATIVES

• 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
• On an average, loss makers registered net trading loss close to ₹ 50,000.
• Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
• Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

Basic details of the SB such as registration number, registered

address of Head Office and branches if any –

Names and contact details of all Key Managerial Personnel including the Compliance Officer-

Procedure for opening trading account with Ridhi Share Brokers Private Limited : –

1. RSBPL offer offline hard copy based trading account opening where client is required to approach our head office for account opening and provide PAN for verification with KRA.
2. In person verification of client and verification of mobile no. and email id is done by authorized official of RSBPL.
3. Client details are fetched from KRA as updated with the PAN provided by client
4. Client is required to either provide its consent for use of its existing KRA details for KYC purpose including records update with KRA and CKYC or provide new details as per its discretion.
5. Client is required to provide copy of PAN, proof of address, bank , financial as applicable for derivatives segment and documents applicable in case of non individual. Copies of documents submitted by client are verified with original.
6. KYC details of client are updated with exchange and back-office software of RSBPL and client is provided with a unique client code.
7. Client is provided with a copy of complete signed KYC form and all mandatory and non mandatory documents submitted by client at the time of account opening.
8. Client details are updated with KRA and CKYC as applicable.
9. When client details are verified by exchange and status of UCC is permitted to trade, welcome letter is sent to client registered email address containing details of client.

Procedure for filing a complaint with Ridhi Share Brokers Private Limited : –

1. Client may lodge a complaint with RSBPL by any of the following means: –

• Email on Investor grievance email id investorgrievances_rsbpl@yahoo.com
• Telephone to our head office 0141 – 2711604, 0141 – 2711602, 9929977713
• Post of hard copy of written complaint to our registered office address
• Visiting head office in person to register complaint

1. Client is provided with a unique Ticket Number on registration of complaint through all means, same is sent to client registered email id and mobile number.

1. Client may track status of its complaint by quoting Ticket No. through telephone or email to customer care , if dissatisfied with the response of customer care executive client may contact customer care head and thereafter compliance officer and Chief Executive Officer of RSBPL.

1. RSBPL have internal deadline of 7 working days to resolve all complaints

ii.   Details of Authorized Persons