June 24, 2016

TRUST or NOT: FRAUD. Profiquity Research Services: AVOID.

Is this company to be trusted? NO.

Why?

This person, Nishant Singh Chauhan has worked at HBJ Capital (banned by SEBI) as a associate vice president earlier. This in itself is not a crime, however, Profiquity is using stolen data from HBJ or is colluding with the banned members of HBJ to conduct its operations.

This is why you should stay away from Profiquity.

http://logtk.blogspot.com/2018/06/update-on-profiquity-16th-june-2018.html

http://logtk.blogspot.com/2018/01/received-this-6th-newsletter-from.html

http://logtk.blogspot.com/2018/01/reply-to-nishant-chauhan-of-profiquity.html

http://logtk.blogspot.com/2018/01/fraud-avoid-profiquity-newsletter-5-to.html

http://logtk.blogspot.com/2017/12/fraud-avoid-profiquity-newsletter-4-to.html

http://logtk.blogspot.com/2017/12/fraud-profiquity-continues-sending.html

http://logtk.blogspot.com/2017/11/profiquity-continues-to-contact-old-hbj.html

http://logtk.blogspot.com/2017/10/profiquity-they-are-run-by-same-team-as.html




RED FLAGS

I checked our their website and there is no information 
No details on
-who the team is
-what is their experience
-where have they learnt their investment trade
-why should I trust their advice
-where is their office (mentioned)
-what are their contact numbers? (mentioned)
-SEBI registration number (mentioned)


DO YOUR RESEARCH BEFORE TRUSTING THIS NEW COMPANY.

The person (Nishant Chauhan) who runs this firm, was working at HBJ Capital.

http://archive.is/XsZcy  (http://hbjcapital.info/about-us/) Scroll down and he was a associate vice president at HBJ.

There is no mention about the person running this company on the about us page







SEBI registration details for the number given (http://www.sebi.gov.in/sebiweb/home/pmd_mb.jsp?PmdIndxName=S&listCode=L)

38. NameSHRI NISHANT SINGH CHAUHAN
Registration No.INA200004664
CategoryINDIVIDUAL
Contact PersonSHRI NISHANT SINGH CHAUHAN
Registration Valid up toMAY 09, 2021
Registered Office AddressNO.49, 4TH MAIN, COCONUT GARDEN
AREKERE,BENGALURU,560076
Correspondence AddressNO.49, 4TH MAIN, COCONUT GARDEN
AREKERE,BENGALURU,560076
Phone00000000000
Emailnishant_chauhan@outlook.in

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Want to make money in the stock market?

Then check the websites below.
The most important advice to make money in the stock market
Equitymaster  (Paid stock advisory services better than Osar capital)
Sanjay Bakshi, a successful value investor
Rakesh jhunjhunwala
Capital Ideas online Value investor Chetan Parikh
Basant Maheshwari, Value investor

2 comments:

Nishant Chauhan said...

Dear Whoever You are,

Yes I have worked with HBJ Capital before and SEBI gave me advisory license after thorough background check. Our promotion style maybe similar to that of HBJ but that doesn't mean that you get the right to defame us and call us fraud just because you had bad experience with HBJ. I'm aware of many HBJ offshoots which continue to dupe clients but none of them is SEBI registered. I'm in no way in touch with any of HBJ promoters or directors. So I expect you to remove your defamatory blog posts or I will have to initiate legal action. You can reach me on 8892520002 or write to me at nishant@profiquity.com if you need more details about our investment advisory services.

Maulik Raja said...

I agree with you dear .. HBJ was real scam I lost my lot of money due to HBJ also I paid tham 5000/- rs