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SEBI SCORES Complaint — Investor Grievance Filing and Review

SCORES 2.0 gives an investor something unusual: a fixed 21-day timeline and a second review by SEBI itself if the first answer does not satisfy you.

Quick answer
Who to contact first
SEBI, through SCORES — for complaints against SEBI-regulated entities: listed companies, registered intermediaries and market infrastructure institutions.
How to reach them
Lodge at scores.sebi.gov.in or on the SCORES mobile app. You receive a unique registration number.
How long to wait
SCORES 2.0 sets a 21-calendar-day redressal timeline, with two levels of review — the Designated Body first, then SEBI on a second review if you remain dissatisfied.
If they ignore you
Beyond the second review, the securities market’s online dispute resolution route and the ordinary civil and consumer remedies remain available.
A losing investment is not a grievance

SCORES exists for a SEBI-regulated entity failing in its obligations — funds not transferred, unauthorised trades, a dividend not paid, a transfer not completed. It is not a route for recovering money lost because a share fell, an IPO did not list at a premium, or advice turned out badly. Complaints of that kind are closed, and the time spent is lost. Ask yourself what the entity did wrong, separately from what the market did.

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All contact channels

Every channel below was read on an official page. Contact details change — the source for each is linked in the verification footer at the end of this page.

🌐
SCORES portalPortal
scores.sebi.gov.in
Lodging a complaint against a SEBI-regulated entity and tracking it in real time on the unique registration number.
📱
SCORES mobile appApp
SEBI SCORES
Filing and tracking from a phone against the same registration number.
📞
SEBI toll-free helplinesPhone
1800 22 7575 · 1800 266 7575
Investor assistance and questions about the process.
🌐
SEBI investor educationPortal
investor.sebi.gov.in
Grievance redressal guidance and the securities market dispute resolution route.

The escalation ladder, level by level

Work through these in order. Every forum above asks what you did below, and skipping a rung is the commonest reason a complaint is sent back.

  1. 1
    Regulated entity grievance channelWait Entity-specific

    The entity itself — the broker, listed company, registrar or depository participant.

    Your client or folio number, the demat account, the transaction and the dates. Keep the entity’s reference.

  2. 2
    Designated Body review, via SCORESWait 21 calendar days

    SCORES — the complaint goes first to the Designated Body.

    scores.sebi.gov.in

    The entity reference, the documents, and the specific relief sought.

  3. 3
    SEBI second reviewWait Within SCORES

    SEBI, on a second review, if you are dissatisfied with the first.

    What the Designated Body’s answer failed to address. This is a review of the answer, not a fresh complaint.

  4. 4
    Securities market ODR / civil and consumer remediesWait As applicable

    Online dispute resolution in the securities market, and the ordinary remedies.

    The SCORES registration number and both review outcomes.

How the process runs

  1. 1
    Complain to the entity first

    The broker, listed company, registrar or depository participant. Keep its reference.

    then: if unresolved
  2. 2
    Lodge on SCORES

    At scores.sebi.gov.in or on the app. You receive a unique registration number and can track in real time.

    then: 21 calendar days
  3. 3
    First review by the Designated Body

    The first of the two review levels SCORES 2.0 provides.

    then: if you are dissatisfied
  4. 4
    Second review by SEBI

    SEBI itself reviews the answer. Explain what the first review failed to address rather than restating the complaint.

What this system will not take up

Filing one of these wastes the whole period — it is closed on that ground alone.

  • Investment losses caused by market movement.
  • Anything pending before a court or tribunal.
  • Complaints against entities SEBI does not regulate — an unregistered advisor or an app-based scheme.
  • A dispute purely between two investors.

What to have ready before you complain

Assemble these first. A complaint that opens with the identifying numbers gets routed; one that opens with how long this has been going on gets a template reply.

  • Your client code, folio number or demat account number.
  • The contract note or transaction statement for the trade in dispute.
  • The entity’s own grievance reference and its reply.
  • Bank statements showing funds paid in or expected out.
  • The unique registration number SCORES issues, once lodged.
  • Correspondence with the broker or company in date order.

Timelines at a glance

How long to wait at each stage, and where that period comes from.

StageWindowWhere it comes from
SCORES redressal21 calendar daysSCORES 2.0, introduced April 2024
First reviewBy the Designated BodySCORES 2.0 two-level review
Second reviewBy SEBI, if the investor is dissatisfiedSCORES 2.0 two-level review

Common complaints handled here

Broker not transferring funds or securities
Unauthorised trades in a demat or trading account
Dividend, bonus or rights entitlement not received
Share transfer or transmission not completed
Registrar not acting on a folio request
IPO refund or allotment problem
Excess brokerage or charges levied
Account closure or dormancy handled wrongly

Who runs this, and who is above it

Securities and Exchange Board of India

SCORES covers complaints against SEBI-regulated entities — listed companies, registered intermediaries such as brokers and registrars, and market infrastructure institutions. It does not cover an investment loss caused by the market moving against you, which is not a grievance however painful. The distinction between a bad outcome and a regulated entity’s failure is the one to get right before filing.

https://scores.sebi.gov.in/

If they ignore you — where to go next

What each forum costs and what it needs before it will take your case.

The registration number and what the first review failed to address.

The SCORES outcome and the underlying documents.

District Consumer Commission — e-JagritiNo fee up to ₹5 lakh consideration

Where the matter is deficiency in service rather than a market dispute.

Frequently asked questions

What is SEBI SCORES and who can use it?

SCORES is SEBI’s complaint redress system, at scores.sebi.gov.in, where investors lodge grievances against SEBI-regulated entities — listed companies, registered intermediaries such as brokers and registrars, and market infrastructure institutions. SEBI introduced SCORES 2.0 in April 2024, with a mobile app alongside the portal and a unique registration number for real-time tracking.

How long does SEBI SCORES take?

SCORES 2.0 sets a 21-calendar-day redressal timeline, which is unusually specific among Indian grievance systems. There are also two levels of review: the Designated Body reviews first, and if you remain dissatisfied SEBI undertakes a second review. That second review is a genuine safeguard and is worth using rather than abandoning the complaint.

Can I use SCORES to recover money I lost on a share?

No. SCORES addresses a regulated entity failing in its obligations, not the market moving against you. A share that fell, an IPO that did not list at a premium, or advice that proved wrong are not grievances, and complaints of that kind are closed. Ask what the broker or company actually did wrong — failed to transfer, traded without authority, withheld a dividend — and complain about that.

What is the SEBI investor helpline number?

SEBI publishes toll-free numbers 1800 22 7575 and 1800 266 7575 for investor assistance. They are useful for questions about the process and about whether your matter belongs on SCORES at all — which is worth asking before filing, since a misdirected complaint costs three weeks.

Do I have to complain to my broker before using SCORES?

Yes, in practice. SCORES works on the basis that the regulated entity has had the chance to resolve the matter, so lodge the complaint with the broker, company or registrar first and keep its reference and reply. A SCORES complaint that quotes the entity’s own inadequate answer is far stronger than one that arrives without that history.

Is SCORES free?

Yes. Lodging a complaint, tracking it and both levels of review cost nothing, and no intermediary is required. Treat anyone offering to file or expedite a SCORES complaint for a fee with suspicion — the process is designed to be used directly by investors.

Letter and notice formats

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Details last verified 2 September 2026

Every contact detail on this page was read on an official page — primarily SEBI SCORES — SEBI Complaint Redress System. Government contact details change without notice. If something here is out of date, tell us and we will check it.

What we deliberately left blank (3)
  • The identity of the Designated Body for a given complaint type, which depends on the entity complained against.
  • Fees and procedure for securities market online dispute resolution, which are set out separately.
  • The SCORES portal was not opened directly when this page was built; the timeline and review structure are corroborated from SEBI-attributed material.
Disclaimer: GetNyay is an AI legal drafting platform, not a law firm, and this page is not legal advice. It reproduces publicly available escalation information for consumer awareness. Officer names, contact details and timelines change — verify from the official source linked above before you rely on anything here.
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