Financial loss due to position not showed in Groww App

Name of Complainant Debabrata Roy Choudhury
Date of ComplaintApril 9, 2023
Name(s) of companies complained against
Category of complaint Investments
Permanent link of complaint Right click to copy link
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Text of Complaint by Debabrata Roy Choudhury:

In Groww app I ordered to buy a lot of Put Option called “banknifty 06 apr 40800 put” in Banknifty at Rs.2618.75 (@104.75 x 25 a lot) in F&O Segment on dated 06.04.2023 at 9:35 am and my order was executed successfully as usual and amount was deducted from my wallet, but it was not showing in position dashboard and I tried several occasions to contact with them, but failed to contact immediately and they solved the problem almost after 1 hour when the price of my put option dropped to Rs.26.9 at 10:13 am and then I exited/sell my Put Option @Rs.26.9 x 25 (a lot) and suffered a financial loss of Rs.1946.25.

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