Lanco Infratech was 80 in 2008
. now it is delisted.
Sub-broker of Alankit bought 204 shares of Lanco Infratech, 1400 shares of Rattan infrastructure, 700 shares of Kwality , 35 shares of Raymond in my father's demat .
now all of them are either penny stock or delisted except Raymond.
I came to know about these shares when I saw NSDL yearly demat statement.
My father dont have access to his trading and demat account as the passwords, mobile no. email id all are of that sub broker in both these accounts. That guy used to trade daily in his clients account to generate brokerage so for all the clients accounts the mobile no. in address given was his no.
5-6 years ago that sub-broker has left this business as he got govt teacher's job.
I sent email to alankit for mobile no and email id change in my fathers account but they did not replied.
When I said to my father to ask password and login id etc from that guy , He has not shown any interest. Maine kaha Aapka paisa jab aapko koi matlab nahi to mujhe kya padi hai.
My father has no interest in share market and he opened demat and trading account only as he had 60 shares of SBI given as employee and govt directive was to demat these. when the demat opened in 2010 then SBI share price was 2700 so 2700 x 60 = 162,000 was total value.
Now 10 years later it becomes 20k
. FD mein bhi 3 lakh ho jata.