Introduction to Upstox Securities Pvt. Ltd.
Upstox Securities Pvt. Ltd. is a leading securities company in India, with SEBI Registration No. INZ000315837. The company is a wholly-owned subsidiary of RKSV Securities India Private Limited and provides various financial services to its customers. Upstox Securities Pvt. Ltd. is registered with the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), with TM Codes 13942 and 6155, respectively. The company is also registered with the Central Depository Services (India) Limited (CDSL), with Reg No. IN-DP-761-2024.
Important Details
The company’s Compliance Officer is Mr. Kapil Jaikalyani, who can be reached at Tel No. (022) 24229920 or Email ID: compliance@upstox.com. The registered address of the company is 809, New Delhi House, Barakhamba Road, Connaught Place, New Delhi – 110001. For any complaints, customers can email at complaints@upstox.com and complaints.mcx@upstox.com.
Filing a Complaint on SEBI SCORES
To file a complaint on SEBI SCORES, customers need to register on the SCORES portal. The mandatory details required for filing complaints on SCORES include name, PAN, address, mobile number, and email ID. The benefits of filing a complaint on SEBI SCORES include effective communication and speedy redressal of grievances. Customers are advised to carefully read the Risk Disclosure Document as prescribed by SEBI, along with the company’s Terms of Use and Privacy Policy.
Risk Disclosures
The company provides risk disclosures on derivatives, which include:
- 9 out of 10 individual traders in equity Futures and Options Segment incur net losses.
- On average, loss makers register net trading loss close to ₹ 50,000.
- Over and above the net trading losses incurred, loss makers expend an additional 28% of net trading losses as transaction costs.
- Those making net trading profits incur between 15% to 50% of such profits as transaction costs.
Mutual Funds
The company offers mutual funds, which are top-rated funds that do not constitute any advice. Research data is powered by Morningstar. Customers are advised to read the offer documents carefully before investing. The company shall not accept any liability arising out of customers’ investments.
Investor Awareness
The company advises investors to be cautious when dealing with unauthorized collective investments or portfolio management schemes. Investors are also cautioned to avoid practices such as sharing trading credentials, trading strategies, and position details. The company also advises investors to avoid trading in leveraged products or derivatives without proper understanding, which can lead to losses.
Advisory Guidelines for Investors
The company provides advisory guidelines for investors, which include reading the Risk Disclosure Document, Terms of Use, and Privacy Policy carefully before investing. Investors are also advised to update their mobile numbers and email addresses with their stockbrokers or depository participants to receive alerts and information on their transactions.
Conclusion
In conclusion, Upstox Securities Pvt. Ltd. is a leading securities company in India that provides various financial services to its customers. The company is registered with SEBI, NSE, BSE, and CDSL, and has a compliance officer and a registered address. The company provides risk disclosures on derivatives and mutual funds, and advises investors to be cautious when dealing with unauthorized collective investments or portfolio management schemes. By following the advisory guidelines and reading the Risk Disclosure Document, Terms of Use, and Privacy Policy carefully, investors can make informed decisions and avoid losses.
