Q- Osar capital does not
have a SEBI registration number. Why?
SEBI has banned the company HBJ Capital. The people who set
up Osar capital are the same people who set up HBJ Capital. That is why SEBI
has not given Osar capital a registration number.
SEBI BANS HBJ CAPITAL
Q- What is the connection between Osar and HBJ capital?
Both these companies are run by the same team.
Q- Why did SEBI ban HBJ
Capital?
If you go through various websites, you will see that they
charged Rs 10,000-200,000 for their investment advisory packages.
The client always
lost money because HBJ was looking to make profits for itself, not for its
clients.
Many clients complained to SEBI against HBJ. SEBI then
finally banned HBJ.
Q- Why is OSAR capital
illegal?
SEBI has accordingly directed HBJ Capital Services Pvt. Ltd.
and its Directors viz.
Kumar Harendra,
Amrita Singh, Abhishek Kumar Singh, Jitendra Kumar, Arunmozhi Gopalan and
Ponnuraj Gokulraj “cease and desist from acting as an Investment Adviser and
Alternative Investment Fund and cease to solicit or undertake such activities
or any other unregistered activities in the securities market directly or
indirectly, any manner whatsoever”.
SEBI has also directed HBJ Capital and the persons above
refererd to “immediately withdraw and remove all advertisements,
representations, Literatures, brochures, materials, publications, documents,
websites, etc. in relation to those schemes/activities (investment adviser and
Alternative Investment Fund) or any unregistered activity in the securities
market”.
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Don't lose your hard-earned money with Osar capital
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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
