What is a SEBI-registered Research Analyst?

An individual or entity registered under SEBI (Research Analysts) Regulations, 2014, authorised to publish research reports on securities. Requires passing NISM Series XV exam, meeting net worth requirements, and ongoing disclosure compliance.

How is an RA different from a stock tip provider?

SEBI-registered RAs provide research-backed analysis with proper disclosures. Unregistered tip providers operate illegally, often use fake track records, and have no accountability. On Finamize, every RA's SEBI registration is verified.

Can I see the RA's past performance before subscribing?

Yes. Research Analysts on Finamize display their historical recommendation performance, including hits, misses, and overall returns for informed decision-making.

How can I verify if a Research Analyst is SEBI-registered?

Search the analyst's registration number (format INH000XXXXX) on the SEBI intermediary portal at sebi.gov.in. On Finamize, we independently verify every RA's registration before onboarding.

Are stock recommendations guaranteed to make money?

No. Stock market investments carry inherent risk. Past performance does not guarantee future results. Always invest based on your own risk assessment and never invest money you cannot afford to lose.

How do I report an unregistered stock tipster to SEBI?

File a complaint on the SEBI SCORES portal (scores.gov.in) with screenshots of tips and payment receipts. You can also call the SEBI toll-free helpline 1800-266-7575.

Stock Recommendations by SEBI Research Analysts | Finamize

Receive research-backed stock recommendations from SEBI-registered Research Analysts. Transparent track records, proper disclosures, and no tip culture.

Overview

The Indian stock market has a pervasive tip culture — WhatsApp groups promising multibaggers, Telegram channels pushing penny stocks, and influencers flashing unrealised gains.

The Indian stock market has a pervasive tip culture — WhatsApp groups promising multibaggers, Telegram channels pushing penny stocks, and influencers flashing unrealised gains. Most of these operators are unregistered and often front-running the stocks they recommend. SEBI (Research Analysts) Regulations, 2014 were introduced to protect investors by creating a licensed framework for securities research.

A SEBI-registered Research Analyst must pass the NISM Series XV exam, maintain minimum net worth of Rs 5 lakh (individuals), and comply with stringent disclosure requirements. Every report must include the analyst's holding in the recommended stock, conflicts of interest, and disclaimers. Finamize independently verifies every RA's SEBI registration (format INH000XXXXX) before they can list on the platform.

On Finamize, each recommendation comes as a detailed research report — not a one-line tip — covering the investment thesis, financial analysis, risk factors, target price, and stop-loss. The platform tracks every recommendation's performance transparently, so you can evaluate an analyst's actual hit rate and average returns before subscribing.

SEBI

REGISTERED ANALYSTS

1M-1Y

PERFORMANCE TRACKED

₹0

FREE TIER AVAILABLE

10-25

STOCKS PER BASKET

Why Finamize

Why Choose Finamize

SEBI-Registered Analysts

Every Research Analyst on Finamize holds a valid SEBI registration. Their research meets regulatory standards for disclosures, compliance, and investor protection.

Detailed Research Reports

Each recommendation comes with a research rationale — company analysis, financial metrics, risk factors, and target price. Not just a stock name in a WhatsApp group.

Transparent Track Record

View the analyst's historical recommendations and their performance. Past track record is clearly displayed for you to evaluate before subscribing.

Timely Entry & Exit Alerts

Receive alerts for new recommendations, target revisions, stop-loss triggers, and exit calls. Stay informed without staring at screens all day.

How It Works

Get Started in 3 Steps

Browse Research Analysts

Filter analysts by specialisation (large cap, mid cap, sectoral), track record, and subscription fee on the Finamize marketplace.

Subscribe to an Analyst

Choose a subscription plan. Access the analyst's research reports, stock baskets, and receive real-time recommendation alerts.

Research & Decide

Review each recommendation's research report. Make your own investment decision based on the analysis provided. You always have the final call.

Platform Features

What You Get

Track Record Dashboard

Complete recommendation history with entry price, target, stop-loss, current status, and realised returns — all independently tracked by the platform.

Research Report Viewer

Detailed research reports covering company analysis, financials, competitive positioning, risk factors, and investment thesis.

Buy/Sell Alert System

Instant notifications when a new recommendation is published, a target is revised, a stop-loss is triggered, or an exit is advised.

RA Comparison Tool

Compare multiple Research Analysts side-by-side on track record, hit rate, average holding period, and subscription fees.

Conflict of Interest Disclosures

View each RA's mandatory disclosures — personal holdings, financial interests, and potential conflicts — before acting on research.

Portfolio Impact Analysis

See how adding a recommended stock would affect your portfolio's sector allocation, concentration risk, and diversification.

Regulatory Framework

SEBI Research Analyst Regulations 2014

Research Analysts must pass the NISM Series XV (Research Analyst) Certification Examination and maintain valid certification throughout their registration period.

SEBI registration number follows the format INH000XXXXX. Investors can verify any RA's registration on the SEBI intermediary portal before subscribing to their services.

RAs are required to disclose their holdings and financial interest in the securities they recommend. Any conflict of interest must be prominently disclosed in every research report.

No RA is permitted to promise or guarantee returns. Any claim of guaranteed profits is a violation of SEBI regulations and should be reported immediately.

Every research report must carry standard disclaimers including risk disclosures, the basis of recommendation, and a statement that past performance does not guarantee future results.

Individual Research Analysts must maintain a minimum net worth of Rs 5 lakh. Body corporates registered as RAs must maintain a minimum net worth of Rs 25 lakh.

FAQ

Frequently Asked Questions

Find a Research Analyst

Browse SEBI-registered Research Analysts with verified track records. Subscribe to quality research, not random tips.