Top SEBI Registered Research Analyst in Indore

Top SEBI Registered Research Analyst in Indore

SEBI Public Register Directory

SEBI Registered Research Analysts in Indore

Browse Research Analysts whose registered address is listed in Indore, Madhya Pradesh in the SEBI public Research Analyst register.

203 Research Analysts
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PUBLISHER PROFILE

FinKuber Capital

SEBI Registered Research Analyst
SEBI Registration No. INH000019062
Contact +91 7678041498

FinKuber Capital is the publisher of this website. This profile is separate from the SEBI Public Register Directory below and does not represent a ranking, recommendation or endorsement by SEBI.

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1

Aakash Rathore Proprietor of Kuber Alpha Research

SEBI Reg. No: INH000013642
Contact PersonAakash Rathore
Emailaakashrathore6008@gmail.com
Registered Address151/6, Samajwad Nagar,, Indore, INDORE, MADHYA PRADESH, 452002
ValidityNov 29, 2023 - Perpetual
2

Abhishek Panwar Proprietor of The Horizon Research Service

SEBI Reg. No: INH000013785
Contact PersonAbhishek Panwar
Emailabhishekpanwar172@gmail.com
Registered Address106, Swadesh Bhawan society 2 Press complex,, A.B road, INDORE, MADHYA PRADESH, 452010
ValidityNov 30, 2023 - Perpetual
3

Abhishek Upadhyay

SEBI Reg. No: INH000030807
Contact PersonAbhishek Upadhyay
Emailpom.abhiofficial@gmail.com
Registered AddressKalindi midtown Shivalik, Near Business Park Kalindi midtown Shivalik, Indore, INDORE, MADHYA PRADESH, 452016
ValidityOct 03, 2026 - Perpetual
4

Ajay Kumar Jharbade proprietor of Dream Wealth Research Financial Services

SEBI Reg. No: INH000016083
Contact PersonAjay Jharbade
Emailra.ajayjharbade@gmail.com
Registered Address419, Onam Plaza ,4th Floor, 18, Palasia, AB Road, INDORE, MADHYA PRADESH, 452001
ValidityMay 07, 2024 - Perpetual
5

Ajay Kumar Soni

SEBI Reg. No: INH000026813
Contact PersonAjay Soni
EmailAjaysoni7599@gmail.com
Registered Address401, 4th Floor, Mangalcity Mall, Scheme No 54, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
ValidityMay 06, 2026 - Perpetual
6

Ajay Murade Proprietor of OneTrade Research

SEBI Reg. No: INH000029971
Contact PersonAJAY MURADE
Emailonetraderesearch@gmail.com
Registered Address880 Shilnath Camp, Indore, Madhya Pradesh 452003 880 Shilnath Camp, Indore, MadhyaPradesh452003, INDORE, MADHYA PRADESH, 452003
ValiditySep 07, 2026 - Perpetual
7

Akansha Jain Proprietor of Dynamic Money Research Advisory Services

SEBI Reg. No: INH000024408
Contact PersonAkansha Jain
Emailakanshajain.soe@gmail.com
Registered Address08 Aranya Nagar, , Sector - E, Slice - 3, Scheme No 78, INDORE, MADHYA PRADESH, 452010
ValidityDec 22, 2025 - Perpetual
8

AKHILESH GUPTA

SEBI Reg. No: INH000013314
Contact PersonAKHILESH GUPTA
EmailAkhileshguptaresearch@gmail.com
Registered AddressOFFICE NO 303, SHREENATHJI AVENUE, 158, KIBE COMPOUND, INDORE, MADHYA PRADESH, 452001
ValidityOct 10, 2023 - Perpetual
9

Akhilesh Jat, Proprietor of Akar Market Research

SEBI Reg. No: INH000016649
Contact PersonAkhilesh Jat
Emailakhileshjatpimr1012@gmail.com
Registered AddressE 296 Kalindi Gold City Indore, INDORE, MADHYA PRADESH, 453555
ValidityJun 24, 2024 - Perpetual
10

Amit Kumar Singh Proprietor of Amit Kumar Singh Research Analyst

SEBI Reg. No: INH000015428
Contact PersonAmit Singh
Emailra.amitkumarsingh@gmail.com
Registered AddressOFFICE NUMBER 203 , 2ND FLOOR , APOLLO AVENUE , , 30-B, ABOVE NAFEES RESTURANT,OLD PALASIA,, INDORE, MADHYA PRADESH, 452001
ValidityMar 13, 2024 - Perpetual
11

Amit Kumar Upadhyay

SEBI Reg. No: INH000025540
Contact PersonAmit Upadhyay
EmailAdv.AmitUpadhyay@zohomail.in
Registered AddressM-614 Anand Green, Golden palm, Niranjanpur, INDORE, MADHYA PRADESH, 452010
ValidityMar 16, 2026 - Perpetual
12

Amit Malviya Proprietor of Moneyplant Research

SEBI Reg. No: INH000020615
Contact PersonAmit Malviya
Emailamitmalviya1987@gmail.com
Registered Address384,SHYAM NAGAR MAIN,, INDORE, MADHYA PRADESH, 452010
ValidityJun 02, 2025 - Perpetual
13

Anamika Singh Baghel

SEBI Reg. No: INH000030205
Contact PersonAnamika Baghel
Emailpaisaaprora@gmail.com
Registered AddressA -705-7th floor new race course building, mahalxmi Nagar, INDORE, MADHYA PRADESH, 452010
ValiditySep 13, 2026 - Perpetual
14

ANAND DAS PROPRIETOR OF STOCK INDIA

SEBI Reg. No: INH000027061
Contact PersonANAND DAS
Emailstockindia59@gmail.com
Registered Address219 220 Indraprasth Tower, 6 M G road. Indore, INDORE, MADHYA PRADESH, 452001
ValidityMay 14, 2026 - Perpetual
15

Aneela Killedar Proprietor of Global Vision Research

SEBI Reg. No: INH000015853
Contact PersonAneela Killedar
EmailGlobalvresearch@gmail.com
Registered AddressNO. 316, PLOT NO. 1, PU 4, SCHEME NO. 54, COMMERCIAL, , SHAGUN ARCADE, THIRD FLOOR, INDORE, MADHYA PRADESH, 452010
ValidityApr 05, 2024 - Perpetual
16

Anish Rai Proprietor of Nivesh Research

SEBI Reg. No: INH000026460
Contact PersonAnish Rai
Emailanishrai143@gmail.com
Registered AddressD 74 Shopping Complex, A.B. Road, INDORE, MADHYA PRADESH, 452001
ValidityApr 23, 2026 - Perpetual
17

ANJALI GUPTA PROPRIETOR OF EQUITRADE RESEARCH

SEBI Reg. No: INH000017170
Contact PersonAnjali Gupta
Emailanjalimimrot11@gmail.com
Registered Address31 Everest Apartment, Flat No. 5, Saket Nagar, INDORE, MADHYA PRADESH, 452018
ValidityJul 01, 2024 - Perpetual
18

Ankit Singh Solanki

SEBI Reg. No: INH000026770
Contact PersonAnkit Solanki
Emailsscapital2255@gmail.com
Registered Address211 Kailashpuri, Kanadia, Near Bangali Square, INDORE, MADHYA PRADESH, 452016
ValidityMay 06, 2026 - Perpetual
19

ANKIT VERMA

SEBI Reg. No: INH000031550
Contact PersonANKIT VERMA
Emailankitverma.fp@gmail.com
Registered Address65, Ambikapuri Extension, Airport Road Indore M.P. (452005), INDORE, MADHYA PRADESH, 452005
ValidityNov 03, 2026 - Perpetual
20

Ankush Sanodiya Proprietor of Delight Financial Services

SEBI Reg. No: INH000021234
Contact PersonAnkush Sanodiya
Emaildelightfinancial@gmail.com
Registered Address201 2nd Floor Plot No 356 357 358 Scheme No 54, Vijay Nagar, INDORE, MADHYA PRADESH, 452001
ValidityJun 23, 2025 - Perpetual
21

Anupam Bajpai

SEBI Reg. No: INH000016339
Contact Personanupam bajpai
Emailanupamvajpayee0731@gmail.com
Registered AddressHouse no. B- 140 Silicon City, Indore Rajendra Nagar, INDORE, MADHYA PRADESH, 452012
ValidityJun 14, 2024 - Perpetual
22

ARIHANT CAPITAL MARKETS LTD.

SEBI Reg. No: INH000002764
Contact Person
Emaildinesh.ahuja@arihantcapital.com
Registered Address601, Atlantis Tower, Plot No. , 13 A, Scheme N0. 78,, INDORE, MADHYA PRADESH, 452010
ValidityMar 11, 2016 - Perpetual
23

ASHIYANA ALI

SEBI Reg. No: INH000029865
Contact PersonASHIYANA ALI
Emailaashiyana18april@gmail.com
Registered AddressPlot No. 308, British Grand, Dhabli, Mangliya, INDORE, MADHYA PRADESH, 453771
ValiditySep 01, 2026 - Perpetual
24

Ashvin Patidar

SEBI Reg. No: INH000022181
Contact PersonAshvin Patidar
Emailashvin.patidar0077@gmail.com
Registered Address469 A SECTOR PT, DINDHYAL UPADHYAY NAGAR, SUKHLIYA, INDORE, MADHYA PRADESH, 452010
ValidityJul 30, 2025 - Perpetual
25

ATIN AGRRAWAL PROPRIETOR OF SRK RESEARCH

SEBI Reg. No: INH000020785
Contact PersonATIN AGRRAWAL
Emailatinagrrawal@gmail.com
Registered Address102 A Block Cabin No. 21, Prakrati Corporate YN road Indore M.P., INDORE, MADHYA PRADESH, 452001
ValidityJun 11, 2025 - Perpetual
26

Atul Bapna

SEBI Reg. No: INH000021997
Contact PersonAtul Bapna
Emailatulbapna638@gmail.com
Registered Address8 6 Jawhar marg gali no 6 Indore, INDORE, MADHYA PRADESH, 452007
ValidityJul 23, 2025 - Perpetual
27

Ayush Shrivastav

SEBI Reg. No: INH000026284
Contact PersonAyush Shrivastav
Emailayushvas32139@gmail.com
Registered Address95, Kishan Ganj, Mhow, INDORE, MADHYA PRADESH, 453441
ValidityApr 20, 2026 - Perpetual
28

Ayusman Das Proprietor of Worth Market Research

SEBI Reg. No: INH000025841
Contact PersonAyusman Das
EmailWorthmarketresearch.ra@gmail.com
Registered Address614-MR-3 Mahalaxmi Nagar, INDORE, MADHYA PRADESH, 452010
ValidityApr 09, 2026 - Perpetual
29

Bharat Rathode Proprietor TradeAura Research

SEBI Reg. No: INH000010292
Contact Person
Email
Registered Address2ND FLOOR, 345 346 NO 54 PU 4, , COMMERCIAL INDORE, INDORE, MADHYA PRADESH, 452001
ValidityOct 18, 2022 - Perpetual
30

Chakrapaani Mishra Proprietor of SigmaOne Capital

SEBI Reg. No: INH000027812
Contact PersonChakrapaani Mishra
Emailsigmaonecapital.info@gmail.com
Registered Address903, A 1, Scheme No 136, Niranjan Pur, INDORE, MADHYA PRADESH, 452010
ValidityJun 04, 2026 - Perpetual
31

CHANDRAKANT MATHANKER

SEBI Reg. No: INH000023056
Contact PersonCHANDRAKANT MATHANKER
Emailchandrakant.mathanker@gmail.com
Registered Address311 DWARIKA ELITE, THIRD FLOOR , PIPVAHANA, INDORE, MADHYA PRADESH, 452016
ValiditySep 01, 2025 - Perpetual
32

Chart Yogi

SEBI Reg. No: INH000024198
Contact PersonPrateek Singhai
Emailchartsyogi@gmail.com
Registered Address87, Chatrapati Nagar, Airport Road, INDORE, MADHYA PRADESH, 452005
ValidityDec 12, 2025 - Perpetual
33

Chetan Sharma Proprietor of Morning Bell Research

SEBI Reg. No: INH000018850
Contact PersonChetan Sharma
Emailchetan9218@gmail.com
Registered Address252, Shree Nagar Extension,, INDORE, MADHYA PRADESH, 452018
ValidityNov 11, 2024 - Perpetual
34

CHETNA PANDEY

SEBI Reg. No: INH000025407
Contact PersonCHETNA PANDEY
Emailchetna.pandey21@gmail.com
Registered Address261 Omaxe City 2,Mangliya, INDORE, MADHYA PRADESH, 453771
ValidityMar 12, 2026 - Perpetual
35

DEEPAK PAL PROPRIETOR INVESTOGAINER RESEARCH

SEBI Reg. No: INH000012856
Contact PersonDEEPAK PAL
EmailDEEPAKPAL6364@GMAIL.COM
Registered AddressPlot No. 93-A Setelite Vally, , Mirzapur Road, Tejaji Nagar,, INDORE, MADHYA PRADESH, 452020
ValiditySep 05, 2023 - Perpetual
36

Deepika Bundela Proprietor of Trade Icon Research Analyst

SEBI Reg. No: INH000012865
Contact PersonDEEPIKA BUNDELA
Emailbundeladeepika14@gmail.com
Registered Address35/9 SOMNATH KI NAI CHAL, INDORE, MADHYA PRADESH, 452010
ValiditySep 05, 2023 - Perpetual
37

Deepika Patidar

SEBI Reg. No: INH000028699
Contact PersonDeepika Patidar
Emailphoenixfinancialservices90@gmail.com
Registered AddressHanuman Mohala Anjad, Madhya Pradesh, INDORE, MADHYA PRADESH, 451556
ValidityJul 03, 2026 - Perpetual
38

Deepika Sahu Proprietor of Hitanshi Capital

SEBI Reg. No: INH000019211
Contact PersonDeepika Sahu
Emaildeepikasahu1204@gmail.com
Registered Address158, Chhoti Khajrani, Indore GPO,, INDORE, MADHYA PRADESH, 452001
ValidityJan 01, 2025 - Perpetual
39

Dhirendra Kumar Shukla Proprietor of Alphatrust Research

SEBI Reg. No: INH000031772
Contact PersonDhirendra Shukla
Emailalphatrustresearch1@gmail.com
Registered AddressQtr NO.72 Shivshakti Nagar Indore, INDORE, MADHYA PRADESH, 452011
ValidityNov 05, 2026 - Perpetual
40

Dilpreet Singh Bhatia

SEBI Reg. No: INH000027724
Contact PersonDilpreet Bhatia
EmailDilpreet.s.bhatia@gmail.com
Registered Address260, Apna Gardan Ke Samne, Vishnu Puri N.X. , Indore, INDORE, MADHYA PRADESH, 452001
ValidityJun 02, 2026 - Perpetual
41

Divya Roy Proprietor Master Research

SEBI Reg. No: INH000022011
Contact PersonDivya Roy
Emaildivyaroy19990@gmail.com
Registered AddressOffice No. 308, 15/2, Sterling Arcade Race Course Road, INDORE, MADHYA PRADESH, 452001
ValidityJul 23, 2025 - Perpetual
42

Divya Sharma Proprietor of Intake Research

SEBI Reg. No: INH000026099
Contact PersonDivya Sharma
Emailintakeresearch1717@gmail.com
Registered Address1 Manpasand Colony, Kalani Nagar, INDORE, MADHYA PRADESH, 452005
ValidityApr 13, 2026 - Perpetual
43

DRASHTI THAKUR

SEBI Reg. No: INH000031897
Contact PersonDRASHTI THAKUR
Emaildrashtithakur5225@gmail.com
Registered Address54 GANGADEVI NAGAR INDORE, INDORE, MADHYA PRADESH, 452010
ValidityNov 05, 2026 - Perpetual
44

Dream Wealth Research Private Limited

SEBI Reg. No: INH000029546
Contact PersonAjay Jharbade
Emailra.ajayjharbade@gmail.com
Registered AddressOFFICE NO 419 ONAM PLAZA OLD PALASIA, INDORE, MADHYA PRADESH, 452001
ValidityAug 10, 2026 - Perpetual
45

ELITEFINSERV

SEBI Reg. No: INH000016409
Contact PersonSHRAVAN RATHODE
Emailelitefinserv24@gmail.com
Registered Address301,302,303 STARLING,, ARKET RACE COURSE ROAD, INDORE, MADHYA PRADESH, 452001
ValidityJun 21, 2024 - Perpetual
46

FALCONPHASE RESEARCH PRIVATE LIMITED

SEBI Reg. No: INH000022020
Contact PersonSonu Kushwah
Emailsonu.kushwah7879@yahoo.com
Registered AddressS-118 Sungapore Township, Anex Cly, Talawali Chanda,, Lasudia, Indore, Madhya Pradesh, INDORE, MADHYA PRADESH, 453771
ValidityJul 24, 2025 - Perpetual
47

Finnalysis Research Analyst

SEBI Reg. No: INH000012759
Contact PersonKISHWER KHAN
Emailfinnalysis.research@gmail.com
Registered Address82 BH Scheme No. 74 C, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValidityAug 28, 2023 - Perpetual
48

Freedom Investors Research Academy Private Limited

SEBI Reg. No: INH300008863
Contact PersonManvi Massey
Emailmanvimehra@gmail.com
Registered AddressThe Chambers, Unit No.0507, Floor 5th 1865, , Rajdanga Main Road, Kasba Kolkata, Parganas,, INDORE, MADHYA PRADESH, 700107
ValidityMar 14, 2026 - Mar 13, 2031
49

GAURAV KUMAR TRIPATHI Proprietor of Capital Insight Research

SEBI Reg. No: INH000029306
Contact PersonGaurav Tripathi
Emailcapital.insightresearch0503@gmail.com
Registered Address135-AM-II SUKHALIYA BAPAT NURSING HOME KE PICHHE, INDORE, MADHYA PRADESH, 452010
ValidityJul 23, 2026 - Perpetual
50

Gaurav Pathak Proprietor of Ruddraksh Research

SEBI Reg. No: INH000013749
Contact PersonGaurav Pathak
Emailgaurav3335@gmail.com
Registered Address317 SHAGUN ARCAD , VIJAY NAGAR AB ROAD INDORE, INDORE, MADHYA PRADESH, 452001
ValidityNov 29, 2023 - Perpetual
51

Gaurav Sethiya

SEBI Reg. No: INH000017374
Contact PersonGaurav Sethiya
Emailgaurav98273@gmail.com
Registered Address307 Ramchand Palace Opp. Mahaveer Gate , Scheme No. 71 C Indore, INDORE, MADHYA PRADESH, 452009
ValidityJul 05, 2024 - Perpetual
52

Harbendra Yadav

SEBI Reg. No: INH000030418
Contact PersonHarbendra Yadav
Emailyadavharbendra31@gmail.com
Registered Address261, Ambedkar Nagar Indore G.P. Madhya Pradesh-452001, INDORE, MADHYA PRADESH, 452001
ValiditySep 30, 2026 - Perpetual
53

Hariom Rathor Proprietor of Capital Investo Research

SEBI Reg. No: INH000016755
Contact PersonHariom Rathor
Emailhariomrathor966@gmail.com
Registered AddressOffice No. 109, Western Business Centre, 1 6 New Palasia,, INDORE, MADHYA PRADESH, 452001
ValidityJun 24, 2024 - Perpetual
54

Harshit Kumar Singh Proprietor of Alpha Insiight

SEBI Reg. No: INH000020660
Contact PersonHarshit Singh
Emailharshit.singh105@gmail.com
Registered AddressOFFICE NUMBER 205, , KRISHNA BUSINESS CENTRE, INDORE, INDORE, MADHYA PRADESH, 452010
ValidityJun 04, 2025 - Perpetual
55

Hemant Vishwakarma Proprietor of Market cube Research

SEBI Reg. No: INH000027849
Contact PersonHemant Vishwakarma
EmailMarketcuberesearch@gmail.com
Registered Address160 Tirumala, green nipania, INDORE, MADHYA PRADESH, 452001
ValidityJun 05, 2026 - Perpetual
56

Himanshu Madhukar, Proprietor, Equisense Research

SEBI Reg. No: INH000016056
Contact PersonHimanshu Madhukar
Emailh.madhukar24@gmail.com
Registered AddressPrakosht No. 510, Krishna Business Center,, Plot No. 11, Scheme No. 54, PU 4 Commercial,, INDORE, MADHYA PRADESH, 452010
ValidityMay 07, 2024 - Perpetual
57

Inderjeet Singh proprietor of Param Nivesh

SEBI Reg. No: INH000016144
Contact Personinderjeet bhinder
Emailinderjeet1191@yahoo.in
Registered Address102, Press House, 22 press Complex, A.B. Road, INDORE, MADHYA PRADESH, 452008
ValidityMay 08, 2024 - Perpetual
58

Indira Securities Pvt Ltd

SEBI Reg. No: INH000023269
Contact PersonKishor Nagar
Emailcompliance@indiratrade.com
Registered Address104 105, Amardarshan, 28 2 Old Palasia, Indore,, INDORE, MADHYA PRADESH, 452001
ValiditySep 15, 2025 - Perpetual
59

Indo Thai Securities Limited

SEBI Reg. No: INH000024842
Contact PersonShruti Sikrwar
Emailcompliance@indothai.co.in
Registered Addresscapital Tower behind c21 mall, indore, Scheme No.-54, Indore, Indore, Madhya Pradesh, INDORE, MADHYA PRADESH, 452010
ValidityFeb 03, 2026 - Perpetual
60

INVESIA RESEARCH PRIVATE LIMITED

SEBI Reg. No: INH000022941
Contact PersonHimanshu Vyas
Emailinvesiafinance@gmail.com
Registered Address6th Floor, WTP RED Square, in Front of C21 Mall, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
ValidityAug 22, 2025 - Perpetual
61

INVESTEDGE RESEARCH ADVISORY PRIVATE LIMITED

SEBI Reg. No: INH000018212
Contact PersonAnant Agrawal
Emailinvestedgeadvisory.ra@gmail.com
Registered Address336/B, Clerk Colony,, IT Road, Pardeshipura, INDORE, MADHYA PRADESH, 452003
ValidityAug 05, 2024 - Perpetual
62

Ishan Tiwari Proprietor of Stock Yantra

SEBI Reg. No: INH000017639
Contact PersonISHAN TIWARI
EmailRAISHANTIWARI09@GMAIL.COM
Registered AddressFlat No 301 Suryansh Exotica B, 91 Alok Nagar Indore, INDORE, MADHYA PRADESH, 452016
ValidityJul 16, 2024 - Perpetual
63

JAGDISH KUMAR HOTCHANDANI

SEBI Reg. No: INH000025249
Contact PersonJAGDISH KUMAR HOTCHANDANI
Emailjkhot1956@gmail.com
Registered AddressB 402 GOLD PLAZA,APOLLO DB CITY NIPANIYA, INDORE, MADHYA PRADESH, 452010
ValidityMar 09, 2026 - Perpetual
64

Jainam Kothari

SEBI Reg. No: INH000028635
Contact PersonJainam Kothari
Emailjainamkothari940@gmail.com
Registered Address28- A ,406/A block Moti Mahal, apartment, Scheme 71, INDORE, MADHYA PRADESH, 452009
ValidityJul 01, 2026 - Perpetual
65

Jay Gupta Proprietor Marketline Research

SEBI Reg. No: INH000029218
Contact PersonJay Gupta
Emailmarketlineresearch9@gmail.com
Registered Address18 Old Palasia, Onam Plaza Office No 520, A.B. Road Indore, INDORE, MADHYA PRADESH, 452001
ValidityJul 22, 2026 - Perpetual
66

JITENDRA JAISWAL

SEBI Reg. No: INH000012193
Contact PersonJITENDRA JAISWAL
EmailJITENDRAJAISWAL9816@GMAIL.COM
Registered AddressDM 280 , DEEN DAYAL UPADHYAY NAGAR, INDORE, MADHYA PRADESH, 452010
ValidityApr 06, 2023 - Perpetual
67

Kapil Rathod Proprietor of The Kuber Group

SEBI Reg. No: INH000023940
Contact PersonKapil Rathod
Emailkapilrathodgrp47@gmail.com
Registered Address334, Prakoshtha KR Veda Complex, Bhawarkua, INDORE, MADHYA PRADESH, 452001
ValidityDec 01, 2025 - Perpetual
68

Kapil Verma Proprietor of Fusiontech Research

SEBI Reg. No: INH000019488
Contact PersonKapil Verma
Emailfusiontechresearch@gmail.com
Registered AddressOffice No 201 MangalCity , Plot No A 1 Scheme no 54 PU4, INDORE, MADHYA PRADESH, 452010
ValidityJan 27, 2025 - Perpetual
69

KARAN VIJAYVARGIYA

SEBI Reg. No: INH000025470
Contact PersonKARAN VIJAYVARGIYA
Emailra.karanvijayvargiya@gmail.com
Registered Address654, Scheme No. 114 Part 2, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValidityMar 13, 2026 - Perpetual
70

KAUSHAL KUMAR SHARMA

SEBI Reg. No: INH000024310
Contact PersonKAUSHAL SHARMA
Emailsharmakaushal312@gmail.com
Registered Address102 FIRST FLOOR 62 SANVID NAGAR MAIN ROAD KANADIYA ROAD, INDORE, MADHYA PRADESH, 452001
ValidityDec 17, 2025 - Perpetual
71

Khusboo Vatsa Proprietor of Techfin Research Analyst

SEBI Reg. No: INH000026318
Contact PersonKhushboo Vatsa
Emailra.techfin@gmail.com
Registered Address119 B VAIBHAV NAGAR EXTENSION, INDORE, MADHYA PRADESH, 452016
ValidityApr 20, 2026 - Perpetual
72

Khushboo Proprietor of Finwolf Research

SEBI Reg. No: INH000030959
Contact PersonKhushboo Dholpure
Emailamofficialkhushboo@gmail.com
Registered AddressFlat No.110, Nishdin Flora Karol Bag Indore, INDORE, MADHYA PRADESH, 452007
ValidityOct 13, 2026 - Perpetual
73

Khushil Kumar Agrawal

SEBI Reg. No: INH000016579
Contact PersonKHUSHIL AGRAWAL
Emailkushilagrawal2015@gmail.com
Registered AddressKhushil Agrawal, 65 A, Silver oaks colony, International, Kids Planet nursery school, Annapurna road,, INDORE, MADHYA PRADESH, 452012
ValidityJun 21, 2024 - Perpetual
74

Kiran Nirapure

SEBI Reg. No: INH000028431
Contact PersonKiran Nirapure
Emailnir.kir98@gmail.com
Registered AddressOffice at Second Floor of Building Situated at North Part of Plot No.2758, Sector E, Sudama Nagar, INDORE, MADHYA PRADESH, 452009
ValidityJun 24, 2026 - Perpetual
75

KIRAN SHARMA PROPRIETOR OF SAMRIDDHI RESEARCH

SEBI Reg. No: INH000031754
Contact PersonKIRAN SHARMA
Emailsamriddhiresearch11@gmail.com
Registered AddressFNo 411, Block A, Clifton Park 132/4, Kabit Khedi, INDORE, MADHYA PRADESH, 452010
ValidityNov 05, 2026 - Perpetual
76

Kratika Yadav Proprietor of Ethical Research

SEBI Reg. No: INH000018179
Contact PersonKratika Yadav
Emailitsethicalresearch@gmail.com
Registered Address401 413 FOURTH FLOOR, PRINCESS BUSINESS SKYLINE , OPPOSITE C21 MALL, A B ROAD, INDORE, MADHYA PRADESH, 452001
ValidityAug 02, 2024 - Perpetual
77

Kuldeep Hanumant Proprietor of Goodluck Research

SEBI Reg. No: INH000020253
Contact PersonKuldeep Hanumant
Emailkuldeephanumant82@outlook.in
Registered Address50 sundar nagar main, sukhaliya, INDORE, MADHYA PRADESH, 452010
ValidityApr 11, 2025 - Perpetual
78

Lokendra Sahu Proprietor of Finomint Financial Services

SEBI Reg. No: INH000024648
Contact PersonLokendra Sahu
Emailfinomintservices@gmail.com
Registered Address14DF, Scheme Karamanak 74C, Main Road, Indore, Madhya Pradesh, INDORE, MADHYA PRADESH, 452010
ValidityJan 08, 2026 - Perpetual
79

Lovelesh Sharma

SEBI Reg. No: INH000027937
Contact PersonLovelesh Sharma
Emaillove.sharma01@gmail.com
Registered AddressOffice No.125, 581/5, MG Road, Indore, INDORE, MADHYA PRADESH, 452003
ValidityJun 08, 2026 - Perpetual
80

Mahaveer Jain Proprietor of Nextedge Research

SEBI Reg. No: INH000019910
Contact PersonMahaveer Jain
Emailmahaveerjain6600@gmail.com
Registered AddressOffice No. 213, Princes Business Sky, Park Opposite Orbit Mall, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
ValidityFeb 24, 2025 - Perpetual
81

Mandot Securities Private Limited

SEBI Reg. No: INH000017648
Contact PersonAmit Jain
Emailinfo@mandotsecurities.com
Registered Address217 Silver Sanchora Castle , 7 R N T Marg, INDORE, MADHYA PRADESH, 452001
ValidityJul 16, 2024 - Perpetual
82

Manish Sahu Proprietor of Trade Via Research Analyst

SEBI Reg. No: INH000018009
Contact PersonManish Sahu
EmailTradeviaresearchanalyst@gmail.com
Registered AddressOffice No. 1308, 13th Floor, Sky Corporate Park,, Vijay Nagar, Indore, INDORE, MADHYA PRADESH, 452010
ValidityJul 30, 2024 - Perpetual
83

Manish Sinha Proprietor of Cappex Capital

SEBI Reg. No: INH000031912
Contact PersonManish Sinha
Emailmaneishsinha@gmail.com
Registered AddressFlat No 308, 3rd floor Barwani Plaza, Indore, Madhya Pradesh, INDORE, MADHYA PRADESH, 452001
ValidityNov 05, 2026 - Perpetual
84

Manjushri Sharma

SEBI Reg. No: INH000019497
Contact PersonManjushri Sharma
Emailsharma.manjushri@gmail.com
Registered AddressB 07 Flat No 704, Palash Parisar Phase 2, Omaxe Hill, INDORE, MADHYA PRADESH, 453331
ValidityJan 28, 2025 - Perpetual
85

Manoj Kumar Sahu Proprietor of Worth Vision Research

SEBI Reg. No: INH000016524
Contact PersonManoj Kumar Sahu
Emailworthvisionresearch@gmail.com
Registered Address203 Vishal Astra, SchemeNo54, Satya Sai Square, A B Road, INDORE, MADHYA PRADESH, 452001
ValidityJun 21, 2024 - Perpetual
86

Manoj Rathore

SEBI Reg. No: INH000030694
Contact PersonManoj Rathore
Emailrathoremanojca@gmail.com
Registered Address1299, Scheme No 71-B, Dravid Nagar, INDORE, MADHYA PRADESH, 452001
ValidityOct 02, 2026 - Perpetual
87

Mayank Hardia

SEBI Reg. No: INH000014702
Contact PersonMayank Hardia
Emailmayankhardiya123@gmail.com
Registered Address3/11 VIJAY NAGAR SARKARI SCHOOL K SAMNE, INDORE, MADHYA PRADESH, 452010
ValidityFeb 09, 2024 - Perpetual
88

Mayank Lodha

SEBI Reg. No: INH000028884
Contact PersonMayank Lodha
EmailMayanklodhara@gmail.com
Registered Address382 Mount Burg Township Nayata , Mundla Colony Bypass road, INDORE, MADHYA PRADESH, 462020
ValidityJul 16, 2026 - Perpetual
89

Mayank Shukla Proprietor of Apex Research Financial Services

SEBI Reg. No: INH000019114
Contact PersonMayank Shukla
Emailapexresearchfin@gmail.com
Registered Address106, First Floor Shappire Tower,, Plot No 60 PU 4,, INDORE, MADHYA PRADESH, 452010
ValidityDec 16, 2024 - Perpetual
90

Mayuri Chhaparwal Proprietor of Divine Research

SEBI Reg. No: INH000014720
Contact PersonMayuri Chhaparwal
Emailmayuriind061@gmail.com
Registered Address901, 9th floor Skye Corporate,, AB Road,Scheme number 78, INDORE, MADHYA PRADESH, 452010
ValidityFeb 09, 2024 - Perpetual
91

Milind Sonone Proprietor of Growbrow

SEBI Reg. No: INH000027584
Contact PersonMilind Sonone
Emailinfo@growbrow.in
Registered Address19 Dhenu Market Regal Square, Above Janta Kachori and Cafe, INDORE, MADHYA PRADESH, 452003
ValidityMay 25, 2026 - Perpetual
92

Minal Badjatiya

SEBI Reg. No: INH000031693
Contact PersonMINAL BADJATIYA
Emailminalbadjatiya@gmail.com
Registered Address513 Milinda's Manor 2 R.N.T. Marg, INDORE, MADHYA PRADESH, 452001
ValidityNov 05, 2026 - Perpetual
93

Mohammed Adil Qureshi Proprietor of StockYard

SEBI Reg. No: INH000019220
Contact PersonMohammed Adil Qureshi
Emailadilq19@gmail.com
Registered Address515/516 Shagun Arcade,, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
ValidityJan 01, 2025 - Perpetual
94

Mohd Sharafat Khan Proprietor Of Capsure Research

SEBI Reg. No: INH000019424
Contact PersonMohammad Khan
Emailcapsureresearch@gmail.com
Registered Address102 Nargis Apartment 74,75 Nandanvan Colony, Manikh Bagh Road Khatiwala Tank, INDORE, MADHYA PRADESH, 452014
ValidityJan 17, 2025 - Perpetual
95

MONEXAA RESEARCH Prop SATISH KUMAR PANDEY

SEBI Reg. No: INH000020387
Contact PersonSATISH PANDEY
Emailsatishpandey250597@gmail.com
Registered Address261 PU 4 Plot No26 Scheme No54, INDORE, MADHYA PRADESH, 452010
ValidityMay 08, 2025 - Perpetual
96

Muruppel Kuruvila James Proprietor of Ideal Research

SEBI Reg. No: INH000014580
Contact PersonMuruppel James
Emailidealresearch09@gmail.com
Registered Address703-704, CLIFFTON CORPORATE PARK, 11/6, AB ROAD, SECTOR A, SLICE 6, ARANYA NAGAR, VIJAY NAGAR, INDORE, MADHYA PRADESH, 452010
ValidityJan 19, 2024 - Perpetual
97

Muskan Wadhwani Proprietor Omni Capital Market Research

SEBI Reg. No: INH000011848
Contact PersonMuskan Wadhwani
Emailomnicapitalms@gmail.com
Registered AddressPlot No 26, 3rd Floor, Scheme No 54, PU 4, Behind C21 Mall, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValidityMar 14, 2023 - Perpetual
98

Na Supreme Research Private Limited

SEBI Reg. No: INH000017745
Contact PersonNeeraj Sen
Emailnsen1525@gmail.com
Registered Address206,Yukti Shivdham ,Kailashpuri ,Bangali Square,indore, INDORE, MADHYA PRADESH, 452016
ValidityJul 19, 2024 - Perpetual
99

Nandita Rai Proprietor of Bhakti Wealth

SEBI Reg. No: INH000018054
Contact PersonNandita Rai Properitor of Bhakti Wealth
Emailnanditarai04@yahoo.com
Registered AddressHE 42 B , Supercity Colony, Gyansila Dhabali, INDORE, MADHYA PRADESH, 453771
ValidityAug 01, 2024 - Perpetual
100

Narendra Singh Rajput Proprietor Finest Capital Research

SEBI Reg. No: INH000012652
Contact PersonNarendra Rajput
Emailfinestcapitalresearch@gmail.com
Registered AddressHouse No. 46, First Floor, Scheme Number-114, INDORE, MADHYA PRADESH, 452010
ValidityAug 10, 2023 - Perpetual
101

Neelesh Raghuwanshi Proprietor of Nivanta capital

SEBI Reg. No: INH000026673
Contact PersonNeelesh Raghuwanshi
Emailneelraghu17@gmail.com
Registered AddressKoskarpagram Koskarpa, INDORE, MADHYA PRADESH, 461990
ValidityMay 05, 2026 - Perpetual
102

Neha Soni Proprietor of RK Research Solutions

SEBI Reg. No: INH000022002
Contact PersonNeha Soni
Emailrkresearchsolutions@gmail.com
Registered AddressOffice No 203, 06, New Anjani Nagar, Badi Bhamori, INDORE, MADHYA PRADESH, 452001
ValidityJul 23, 2025 - Perpetual
103

Nikita Jain Proprietor Balaji Elite Research

SEBI Reg. No: INH000020606
Contact PersonNikita Jain
Emailbalajieliteresearch@gmail.com
Registered Address3662 E sector, Sudama Nagar, INDORE, MADHYA PRADESH, 452009
ValidityJun 02, 2025 - Perpetual
104

Nilesh Kushwah Proprietor Aura Capital Financial Services

SEBI Reg. No: INH000020013
Contact PersonNilesh Kushwah
EmailNILESH.KUSHWAH8839@GMAIL.COM
Registered AddressR73,Kalindi gold city, Jhakhiya, Indore, INDORE, MADHYA PRADESH, 453555
ValidityMar 10, 2025 - Perpetual
105

Niraj Kumar Jain Proprietor Star Wealth Research

SEBI Reg. No: INH000013730
Contact PersonNiraj Jain
Emailstarwealthresearch@gmail.com
Registered AddressPlot No 351, P.U.4, Scheme No 54, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValidityNov 29, 2023 - Perpetual
106

Nirmal Choudhary Proprietor of Growfincap Financial Services

SEBI Reg. No: INH000028705
Contact PersonNirmal Choudhary
Emailchoudharynirmal.nc@gmail.com
Registered Address129 Shrinath City,, Near Singapore Township, Dhabli, INDORE, MADHYA PRADESH, 453771
ValidityJul 03, 2026 - Perpetual
107

Nishita Jain Proprietor of Stockbazaari

SEBI Reg. No: INH000018665
Contact PersonNISHITA JAIN
Emailra.nishitajain@gmail.com
Registered AddressOffice No. MEZ 1 A 2 To 10 30 To 35 , And 35A 4 BCM Heights Vijay Nagar BCM Heights,, INDORE, MADHYA PRADESH, 452010
ValidityOct 21, 2024 - Perpetual
108

Nitesh Jain Proprietor of One Nivesh

SEBI Reg. No: INH000021614
Contact PersonNitesh Jain
Emailjain.nitesh0702@gmail.com
Registered Address3662E Sudama Nagar, Sudama Nagar Indore, INDORE, MADHYA PRADESH, 452009
ValidityJul 08, 2025 - Perpetual
109

Nitin Sharma Proprietor of WealthXplore Research Analyst

SEBI Reg. No: INH000019406
Contact PersonNitin Sharma
Emailwealthxplore.ra@gmail.com
Registered AddressThe Zodiaq Office No. 204, 2nd Floor ,, INDORE, MADHYA PRADESH, 452016
ValidityJan 15, 2025 - Perpetual
110

NM RESEARCH PARTNER PRIVATE LIMITED

SEBI Reg. No: INH000031444
Contact PersonMadhuri Gopinathan
Emailgopinathan.madhu16@gmail.com
Registered AddressPlot No. 7 Pu-4 Sch No.54, Flat No.504, A.B. Road,, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValidityOct 27, 2026 - Perpetual
111

Palash Kag Proprietor Sarathi Research

SEBI Reg. No: INH000012740
Contact PersonPalash Kag
Emailpalashkag@gmail.com
Registered AddressF-88, Yashwant Plaza,, 79 South Tukoganj, INDORE, MADHYA PRADESH, 452001
ValidityAug 25, 2023 - Perpetual
112

PANKAJ PAWAR Proprietor of CapitalLyft

SEBI Reg. No: INH000020934
Contact PersonPANKAJ PAWAR
Emailemail2pankajpawar@gmail.com
Registered Address41, damodar Nagar Behind old dhar road, INDORE, MADHYA PRADESH, 452002
ValidityJun 16, 2025 - Perpetual
113

Pavan Kumar Rawat proprietor of Rudra Research

SEBI Reg. No: INH000025966
Contact PersonPavan Kumar Rawat
Emailra.rudraresearch@gmail.com
Registered AddressPlot No. N-122 Shubhangan,, Omaxe City 1, Balya Kheda, INDORE, MADHYA PRADESH, 453771
ValidityApr 10, 2026 - Perpetual
114

Pavan Raghuvanshi Proprietor of HighRise Research

SEBI Reg. No: INH000009427
Contact PersonPavan Raghuvanshi
Emailpavanraghuvanshi2014@gmail.com
Registered AddressA 172, Kanak Avenue Colony, Lasudia Mori, INDORE, MADHYA PRADESH, 453771
ValidityApr 29, 2022 - Perpetual
115

Pawan Porwal proprietor of Capital Craft Research

SEBI Reg. No: INH000016870
Contact PersonPawan Porwal
Emailcapitalcraftresearchs@gmail.com
Registered Address175 Shantinath Puri, Gumasta Nagar, Indore, INDORE, MADHYA PRADESH, 452009
ValidityJun 25, 2024 - Perpetual
116

Pawandeep Singh Pabla Proprietor of Laurel Financial Services

SEBI Reg. No: INH000023904
Contact PersonPawandeep Pabla
Emailpm17pawandeeps@iimidr.ac.in
Registered Address48/6, Pipliya Rao, INDORE, MADHYA PRADESH, 452001
ValidityNov 28, 2025 - Perpetual
117

PRADEEP CARPENTER

SEBI Reg. No: INH000019309
Contact PersonPRADEEP CARPENTER
Emailrapradeepcarpenter@gmail.com
Registered Address364, Shreekrishn Enclave, Panchderiya,, INDORE, MADHYA PRADESH, 453551
ValidityJan 06, 2025 - Perpetual
118

Pradeep Sagore Proprietor of Smartgoal Research

SEBI Reg. No: INH000015765
Contact PersonPradeep Sagore
Emailsagoreroyal822@gmail.com
Registered AddressOFFICE NUMBER 609, 6TH FLOOR, CLIFFTON CORPORATE,, INDORE, MADHYA PRADESH, 452010
ValidityMar 22, 2024 - Perpetual
119

PRAKASH YADAV PROPRIETOR OF INVESTEDGE SOLUTION

SEBI Reg. No: INH000020767
Contact PersonPrakash Yadav
Emailinvestedgesolution1@gmail.com
Registered AddressS.S, INFINITUS,MIDRISE,TOWER A , FLAT NO. 901, MR 11 ROAD, LASUDIYA MORI , INDORE, INDORE, MADHYA PRADESH, 452010
ValidityJun 09, 2025 - Perpetual
120

Pramod Patidar Proprietor of Equibalance Research

SEBI Reg. No: INH000020527
Contact PersonPramod Patidar
Emailpramodpatidar2000@gmail.com
Registered Address206,OM GURUDEV PLAZA, NEAR MECHANIC NAGAR EXTSCHEMENO54, INDORE, MADHYA PRADESH, 452010
ValidityMay 19, 2025 - Perpetual
121

Pratiksha Singh Proprietor of Apollotrust Research Services

SEBI Reg. No: INH000028644
Contact PersonPratiksha Singh
Emailrajawatpratikshasingh@gmail.com
Registered Address4th Floor 7 8 PU 4, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
ValidityJul 01, 2026 - Perpetual
122

Praveen Dodiya

SEBI Reg. No: INH000024259
Contact PersonPraveen Dodiya
Emailpravindodiya926@gmail.com
Registered Address145 Arya Samaj Marg Malipura,Ujjain 456001, INDORE, MADHYA PRADESH, 456001
ValidityDec 16, 2025 - Perpetual
123

Preetam Mewada Proprietor of Apex Solution Research

SEBI Reg. No: INH000017116
Contact PersonPreetam Mewada
EmailPreetam.singh.sp@gmail.com
Registered AddressOffice No 202,Orbit Mall Plot No 305-306, Pu-4 Scheme No 54 Ab Road,, INDORE, MADHYA PRADESH, 452010
ValidityJun 28, 2024 - Perpetual
124

Priyanshi Garg Proprietor of Equycom Research

SEBI Reg. No: INH000023409
Contact PersonPriyanshi Garg
Emailpriyanshigarg23@gmail.com
Registered Address401 Shagun Arcade PU4 Commercial Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValiditySep 24, 2025 - Perpetual
125

QUICK ALGOPLUS PRIVATE LIMITED

SEBI Reg. No: INH000028875
Contact PersonRahul Singh
Emailinfo@quickalgoplus.in
Registered AddressTT Nagar Pipliya Kumar, DDU Nagar, INDORE, MADHYA PRADESH, 452010
ValidityJul 16, 2026 - Perpetual
126

Radheshyam Dandare Proprietor of Stockedge Research

SEBI Reg. No: INH000019336
Contact PersonRadheshyam Dandare
Emailrstockedge@gmail.com
Registered Address304, 3rd Floor, Royal Ratan Building, M.G.Road, INDORE, MADHYA PRADESH, 452001
ValidityJan 07, 2025 - Perpetual
127

Rahul Rai Proprietor of Sindhuja Research Services

SEBI Reg. No: INH000023445
Contact PersonRahul Rai
Emailrahulroy781vibha@gmail.com
Registered AddressE11, Shankeshwar City, Aurobindo Hospital Jakhya, Hanuman Mandir Jakhiya, INDORE, MADHYA PRADESH, 452001
ValiditySep 25, 2025 - Perpetual
128

Rahul Soni Proprietor of Research Gainer

SEBI Reg. No: INH000030108
Contact PersonRahul Soni
Emailresearch.rahulsoni@gmail.com
Registered Address174, 20-40 Plant Line, Dvarakapuri, Anand School Indore, Madhya Pradesh-452009, INDORE, MADHYA PRADESH, 452009
ValiditySep 07, 2026 - Perpetual
129

Rajiv Dubey Prop. Trade Stone Research Services

SEBI Reg. No: INH000017888
Contact PersonRajiv Dubey
Emailhrtradestone@gmail.com
Registered Address402 Krishna Business Center, Plot No 11 PU4, Scheme No 54, Near Medanta Hospital, INDORE, MADHYA PRADESH, 452010
ValidityJul 24, 2024 - Perpetual
130

Rajiv Sharma Proprietor Capital Life Research

SEBI Reg. No: INH000022163
Contact PersonRajiv Sharma
Emailrajivylrsharma89@gmail.com
Registered Address465, Sai Kripa , Colony,, INDORE, MADHYA PRADESH, 452010
ValidityJul 28, 2025 - Perpetual
131

Rakesh Pandeet Proprietor of Research Factory

SEBI Reg. No: INH000017028
Contact PersonRakesh Pandeet
Emailrakesh.pandit7765@gmail.com
Registered Address112/113, C Sector Gali No. 21, First Choice Enterprise, Nandbag Colony, INDORE, MADHYA PRADESH, 452006
ValidityJun 27, 2024 - Perpetual
132

Raksha Sharma Proprietor of Pheonix Capital Research

SEBI Reg. No: INH000022446
Contact PersonRaksha Sharma
Emailinfo@pheonixcapitalresearch.com
Registered Address120, Kalani Nagar, Aero Dram, INDORE, MADHYA PRADESH, 452005
ValidityAug 05, 2025 - Perpetual
133

Ram Naresh Singh Proprietor Prime Market Research

SEBI Reg. No: INH000015039
Contact PersonRam Singh
Emailprime360research@gmail.com
Registered AddressOffice No. 109 Scheme No. 94,, INDORE, MADHYA PRADESH, 452001
ValidityFeb 14, 2024 - Perpetual
134

Ramesh Kumar Pandey Proprietor Money Treasure Research

SEBI Reg. No: INH000012731
Contact PersonRamesh Pandey
Emailrameshpandey.mtr@gmail.com
Registered AddressOffice no 8, 2nd floor, Mangal City,, PU4, Scheme no 54,Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValidityAug 25, 2023 - Perpetual
135

Rampal Singh Narwariya Prop. Value Maker Research

SEBI Reg. No: INH000016311
Contact PersonRampal Narwariya
Emailvaluemakerresearch@gmail.com
Registered AddressEW 21, Singapore British Park, Phase 2, Dhabali, INDORE, MADHYA PRADESH, 452001
ValidityJun 14, 2024 - Perpetual
136

Ranvir Pratap Singh Proprietor Redwood Financial

SEBI Reg. No: INH000021465
Contact PersonRanvir Singh
Emailredwoodfinan@gmail.com
Registered AddressFlat No302 Gulmohar Enclave Block C Plot No323 IN, Old 251 B Sch No.94 Sector E, INDORE, MADHYA PRADESH, 452016
ValidityJun 30, 2025 - Perpetual
137

Ratnesh Thakkar

SEBI Reg. No: INH000028264
Contact PersonRatnesh Thakkar
Emailratnesh.tk.85@gmail.com
Registered Address163-A Shri Krishna Avenue phase-1 Limbodi, INDORE, MADHYA PRADESH, 452020
ValidityJun 16, 2026 - Perpetual
138

Richa Agrawal Proprietor of Ariesindia Research

SEBI Reg. No: INH000025328
Contact PersonRicha Agrawal
Emailrichaaagrawal369@gmail.com
Registered AddressOffice No 224 Benchmark, Satyasai Chouraha Vijay Nagar, INDORE, MADHYA PRADESH, 452010
ValidityMar 11, 2026 - Perpetual
139

Rise Research and Consultancy Services Private Limited

SEBI Reg. No: INH000029412
Contact PersonMaan Rajput
Emailriseresearch2026@gmail.com
Registered Address310 Shalimar Corporate Center Manorama Ganj, South Tukoganj, INDORE, MADHYA PRADESH, 452001
ValidityAug 05, 2026 - Perpetual
140

Ritesh Gupta Proprietor of Worthwhiz Financial Services

SEBI Reg. No: INH000014775
Contact PersonRitesh Gupta
Emailriteshgupta3202@gmail.com
Registered AddressOffice No. 614 6th Floor, Krishna Business Centre, Plot No.11 PU4 Scheme No.54,, INDORE, MADHYA PRADESH, 452010
ValidityFeb 09, 2024 - Perpetual
141

Ritu Chouhan Proprietor of The Money Mint Research and Trading Academy

SEBI Reg. No: INH000014456
Contact PersonRitu Chouhan
Emailrit.sengar@gmail.com
Registered Address16, Shiv Nagar Colony , Dharnaka, Mhow, Indore, INDORE, MADHYA PRADESH, 453441
ValidityJan 11, 2024 - Perpetual
142

Rohit Kumar Proprietor Of Moneyventure Research

SEBI Reg. No: INH000026114
Contact PersonRohit Kumar
Emailmoneyventure2025@gmail.com
Registered AddressS 23 Sai City Mangliya, Dhabli Mangliya, INDORE, MADHYA PRADESH, 453771
ValidityApr 13, 2026 - Perpetual
143

Rohit Soni Proprietor of Tradeline Research

SEBI Reg. No: INH000025054
Contact PersonRohit Soni
Emailtradelineresearch@gmail.com
Registered Address109 ED Scheme no 94, Near Lotus Hospital, , Between Khajrana & Robot square Indore, INDORE, MADHYA PRADESH, 452001
ValidityFeb 16, 2026 - Perpetual
144

Rupesh Raj Proprietor of NextEra Research

SEBI Reg. No: INH000020280
Contact PersonRupesh Raj
Emailrupeshraj4rr@gmail.com
Registered AddressFW 10, British Park, Phase 2,, Singapore Township, Dhabli, INDORE, MADHYA PRADESH, 453771
ValidityApr 17, 2025 - Perpetual
145

SAGAR AGRAWAL PROPRIETOR OF AGRAWAL FINANCIALS

SEBI Reg. No: INH000030995
Contact PersonSAGAR AGRAWAL
Emailagrawal.financials08@gmail.com
Registered Address215 B,TULSI NAGAR,INDORE Indore,452010, INDORE, MADHYA PRADESH, 452010
ValidityOct 13, 2026 - Perpetual
146

Sandeep Kumar Proprietor of Saanvi Research

SEBI Reg. No: INH000029980
Contact PersonSANDEEP KUMAR
Emailsaanviresearch555@gmail.com
Registered AddressOffice No. 202 and 101 A Plot No. 10, Radhika Palace Main Road,, INDORE, MADHYA PRADESH, 452010
ValiditySep 07, 2026 - Perpetual
147

Sandeep Kushwah

SEBI Reg. No: INH000027690
Contact PersonSandeep Kushwah
Emailmahajan384509@gmail.com
Registered AddressPE-61, Gyanshila City Colony, Dhabli, INDORE, MADHYA PRADESH, 453771
ValidityJun 02, 2026 - Perpetual
148

Sanjay Rajput Proprietor of Arthvaani Research

SEBI Reg. No: INH000026354
Contact PersonSanjay Rajput
Emailsanjaysingh357083@gmail.com
Registered Address117 1st Floor Shagun arcade, Scheme No. 54 Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
ValidityApr 20, 2026 - Perpetual
149

SANJEEV KUMAR KASHYAP PROPRIETOR OF MONEYCURE RESEARCH SERVICES

SEBI Reg. No: INH000013606
Contact PersonSanjeev Kashyap
Emailra.sanjeev2023@gmail.com
Registered Address103, Block A, Prakriti Corporate Building, Above Mocha Cafe, INDORE, MADHYA PRADESH, 452003
ValidityNov 17, 2023 - Perpetual
150

Sanskriti Samadhiya Proprietor of Trupaisa

SEBI Reg. No: INH000026293
Contact PersonSanskriti Samadhiya
Emailsanskritisamadiya@gmail.com
Registered Address205 Savitri empire Vijay nagar Om gurudev plaza Bade bhamori, INDORE, MADHYA PRADESH, 452011
ValidityApr 20, 2026 - Perpetual
151

Santosh Sharma, Proprietor SmartStox

SEBI Reg. No: INH000017055
Contact PersonSantosh Sharma
Emailadmin@smartstox.in
Registered Address117, 1st Floor, Shagun Arcade, scheme No 54 A B Road, INDORE, MADHYA PRADESH, 452010
ValidityJun 27, 2024 - Perpetual
152

Sarthak Malviya

SEBI Reg. No: INH000029500
Contact PersonSarthak Malviya
Emailsarthakmalviya1912@gmail.com
Registered Address111, Sec. C, Surya dev Nagar, Indore,, PO Rajendra Nagar, INDORE, MADHYA PRADESH, 452012
ValidityAug 10, 2026 - Perpetual
153

Satish Manavare Proprietor of Sterling Research

SEBI Reg. No: INH000027751
Contact PersonSatish Manavare
Emailra.sterlingresearch@gmail.com
Registered AddressOffice No. 215, Plot No. 8, P.U. 4 Scheme No. 54, Commercial Area, INDORE, MADHYA PRADESH, 452011
ValidityJun 02, 2026 - Perpetual
154

Satyam Awasthi

SEBI Reg. No: INH000030551
Contact PersonSatyam Awasthi
Emailsatyam.awasthi.work@gmail.com
Registered Address1130 , Satellite Junction, Gram Kelod Hala, INDORE, MADHYA PRADESH, 453112
ValiditySep 30, 2026 - Perpetual
155

Saurab Jain Proprietor Investment Cure Research

SEBI Reg. No: INH000012838
Contact PersonSaurab Jain
Emailsaurabj08@gmail.com
Registered Address175 Tilak nagar flat no 201 Indra apartment, INDORE, MADHYA PRADESH, 452001
ValidityAug 31, 2023 - Perpetual
156

Saurabh Sahu Proprietor of Asset Financial Solution

SEBI Reg. No: INH000014322
Contact PersonSaurabh Sahu
Emailsahusaurabh.ce@gmail.com
Registered AddressOffice No. 301 302 , Shagun Tower, Vijay Nagar, INDORE, MADHYA PRADESH, 452001
ValidityJan 05, 2024 - Perpetual
157

Saweety Saharan Proprietor of insight research

SEBI Reg. No: INH000011343
Contact PersonSaweety Saharan
Emailsweetysaharan92@gmail.com
Registered AddressOFC NO 611, 6TH Floor Princess Business Skypark OPP. Orbit Mall, AB Road,, INDORE, MADHYA PRADESH, 452001
ValidityFeb 03, 2023 - Perpetual
158

Shailendra Proprietor of The Wealth Gain

SEBI Reg. No: INH000024745
Contact PersonShailendra Nirapure
Emailthewealthgain11@gmail.com
Registered Address05-A, Mitra Bandhu Nagar, Kanadia Road, Indore, Madhya Pradesh, 452016, INDORE, MADHYA PRADESH, 452016
ValidityJan 27, 2026 - Perpetual
159

Sheetal Rijwani Proprietor of Veravista Research

SEBI Reg. No: INH000031657
Contact PersonSHEETAL RIJHWANI
Emailveravistaresearch@gmail.com
Registered AddressShop No- 2, Yashoda Kunj, Type-B, Scheme No.103, Plot No-642, INDORE, MADHYA PRADESH, 452012
ValidityNov 05, 2026 - Perpetual
160

Sheetal Sokhiya Porprietor of Shree Siddhi Investment

SEBI Reg. No: INH000023074
Contact PersonSheetal Sokhiya
Emailshreesiddhiinvest@gmail.com
Registered AddressFlat 202, Block Number C1, Shubh Labh Residency,, Khajrana Squre,, INDORE, MADHYA PRADESH, 452018
ValiditySep 01, 2025 - Perpetual
161

Shikha Verma Proprietor of Dhanvriddhi Research

SEBI Reg. No: INH000028121
Contact PersonShikha Verma
Emailsshikha22may@gmail.com
Registered Address457 Apollo Tower , 5th Floor Indore, INDORE, MADHYA PRADESH, 452010
ValidityJun 12, 2026 - Perpetual
162

Shivam Rane Proprietor of Stock Emphasis

SEBI Reg. No: INH000020022
Contact PersonShivam Rane
Emailshivamrane0914@gmail.com
Registered Address404, 4th Floor, Shekhar Central, INDORE, MADHYA PRADESH, 452001
ValidityMar 10, 2025 - Perpetual
163

Shivam Yadav Proprietor of Stox Elite

SEBI Reg. No: INH000017921
Contact PersonShivam Yadav
Emailstoxelite@gmail.com
Registered AddressB 253 Kalindi Gold City, Bhagiya, Jakhiya, INDORE, MADHYA PRADESH, 453555
ValidityJul 25, 2024 - Perpetual
164

Shivansu Jaiswal Proprietor Investment Multiplier Research

SEBI Reg. No: INH000024718
Contact PersonShivansu Jaiswal
Emailshivansu.jaiswal001@gmail.com
Registered Address302 Navratan Paradise, B22, Sampat Hills, Bicholi Mardana, INDORE, MADHYA PRADESH, 452016
ValidityJan 21, 2026 - Perpetual
165

Shivpal Rajput Proprietor of Sumedha Research

SEBI Reg. No: INH000019770
Contact PersonShivpal Rajput
Emailshivpalrajput748@gmail.com
Registered AddressN 508, Singapore Green View Premium, Vidhut Khedi, INDORE, MADHYA PRADESH, 453771
ValidityFeb 11, 2025 - Perpetual
166

Shreenath Infotech

SEBI Reg. No: INH000017976
Contact PersonSunil Yadav
Emailshreenathinfotech5@gmail.com
Registered Address101 102, Rafael Tower, Main Saket Square, Old Palasia, INDORE, MADHYA PRADESH, 452001
ValidityJul 26, 2024 - Perpetual
167

Shubham Sewarik Proprietor of Fundtrack Research

SEBI Reg. No: INH000023658
Contact PersonShubham Sewarik
Emailsewarikshubham25@gmail.com
Registered Address402, SILVER MALL,, RNT MARG,, INDORE, MADHYA PRADESH, 452001
ValidityOct 15, 2025 - Perpetual
168

SHUBHAM SHARMA PROPRIETOR OF THE RAPID INVESTORS

SEBI Reg. No: INH000018559
Contact PersonSHUBHAM SHARMA
Emailtherapidinvestors@gmail.com
Registered AddressOFFICE NO. 108, 1ST FLOOR, PRINCESS BUSINESS SKY PARK,, BLOCK NO 22, SCH NO 54, PU 3, VIJAY NAGAR,, INDORE, MADHYA PRADESH, 452010
ValidityOct 09, 2024 - Perpetual
169

Shyam Sharma

SEBI Reg. No: INH000028033
Contact PersonShyam Sharma
Emailsharmashyam934@gmail.com
Registered AddressPioneer Convent School Mahalaxmi Nagar, INDORE, MADHYA PRADESH, 452010
ValidityJun 10, 2026 - Perpetual
170

SOURAV KUSHWAH PROPRIETOR OF AONE RESEARCH

SEBI Reg. No: INH000025823
Contact PersonSOURAV KUSHWAH
Emailaoneresearch1@gmail.com
Registered Address21-B Nagin Nagar, INDORE, MADHYA PRADESH, 452005
ValidityApr 09, 2026 - Perpetual
171

Stoxbee Broking Private Limited

SEBI Reg. No: INH000029786
Contact PersonRohit Soni
Emailrohit.soni3010@gmail.com
Registered Address152, Ratanlok Colony, Scheme No 53, Vijay Nagar, Indore, INDORE, MADHYA PRADESH, 452010
ValidityAug 20, 2026 - Perpetual
172

Subhash Singh Tomar Proprietor Confluence Research Service

SEBI Reg. No: INH000014207
Contact PersonSubhash Tomar
EmailTomar.subhash07@gmail.com
Registered Address424 Goyal Avenue, Nipania, INDORE, MADHYA PRADESH, 452010
ValidityDec 26, 2023 - Perpetual
173

Sumit Vyas Proprietor of Skyline Financial Services

SEBI Reg. No: INH000028370
Contact PersonSumit Vyas
EmailSumitvyas2506@gmail.com
Registered AddressPlot No 140 PU 4, Scheme No. 54 C 21 Mall, 2nd Floor, Vijay Nagar,, INDORE, MADHYA PRADESH, 452001
ValidityJun 22, 2026 - Perpetual
174

Sunil Nagar Proprietor of Market Vision Research

SEBI Reg. No: INH000026363
Contact PersonSunil Nagar Proprietor of Market Vision Research
Emailmarketvisionresearch025@gmail.com
Registered Address101, 2nd Floor, Scheme No. 54, Satya Sai Square,, INDORE, MADHYA PRADESH, 452010
ValidityApr 20, 2026 - Perpetual
175

Syed Haris Ali Proprietor of Alpha Wealth Research

SEBI Reg. No: INH000014650
Contact PersonSyed Ali
Emailhaariss932@gmail.com
Registered Address4-DA, Slice-4, , Scheme No.78, Arranya Nagar, INDORE, MADHYA PRADESH, 452010
ValidityJan 31, 2024 - Perpetual
176

Tarun Kumar Patidar Proprietor of Equifin Research

SEBI Reg. No: INH000013624
Contact PersonTarun Patidar
Emailtarunpatidar0108@gmail.com
Registered AddressPlot no. 18 301 A Third Floor, Kanchan Sagar, Old Palasiya, Indore, Madhya Pradesh, 452001, INDORE, MADHYA PRADESH, 452001
ValidityNov 17, 2023 - Perpetual
177

Tasneem Press wala

SEBI Reg. No: INH000026716
Contact PersonTasneem Press wala
Emailca.tasneem@gmail.com
Registered AddressFlat 202, Aman Palace, 74 Veer sawarkar nagar, Opp. Manik bagh Bridge, INDORE, MADHYA PRADESH, 452014
ValidityMay 05, 2026 - Perpetual
178

Trillion Stock Research Prop Prachi Sharma

SEBI Reg. No: INH000020129
Contact PersonPrachi Sharma
Emailprachisharma33777@gmail.com
Registered Address200 Sector A Suryadev Nagar, INDORE, MADHYA PRADESH, 452012
ValidityMar 24, 2025 - Perpetual
179

TRUSTOX FINTECH PRIVATE LIMITED

SEBI Reg. No: INH000030126
Contact PersonPuspendra Jatav
Emailtrustox1@gmail.com
Registered Address1210, Sky Corporate Park Vijay NAgar, INDORE, MADHYA PRADESH, 452010
ValiditySep 07, 2026 - Perpetual
180

UNICORN RESEARCH FIRM

SEBI Reg. No: INH000025337
Contact PersonKartik Prajapat
Emailkartikprajapat3596@gmail.com
Registered Address26, Agrasen Nagar, Airport Road,Indore, INDORE, MADHYA PRADESH, 452005
ValidityMar 11, 2026 - Perpetual
181

Urvashi Barod Proprietor of Versatile Research Venture

SEBI Reg. No: INH000017444
Contact PersonUrvashi Barod
Emailbarodurvashi2@gmail.com
Registered Address49 A, Ratna Lok Colony,, INDORE, MADHYA PRADESH, 452010
ValidityJul 09, 2024 - Perpetual
182

Vaibhav Jain

SEBI Reg. No: INH000015437
Contact PersonVaibhav Jain
Emailravaibhavjain@gmail.com
Registered Address112, Goyal Nagar, INDORE, MADHYA PRADESH, 452018
ValidityMar 14, 2024 - Perpetual
183

Varsha Gupta Proprietor of Your Research Analyst

SEBI Reg. No: INH000030153
Contact PersonVarsha Gupta
Emailinfo.yourra@gmail.com
Registered Address614, MR-3 Mahalaxmi Nagar, Indore, INDORE, MADHYA PRADESH, 452010
ValiditySep 13, 2026 - Perpetual
184

Varun Sharma Proprietor of Chart View Research

SEBI Reg. No: INH000027520
Contact PersonVarun Sharma
Emailinfo@chartviewresearch.com
Registered AddressHouse No 134 Scheme No 132 Star Squre Indore, INDORE, MADHYA PRADESH, 452010
ValidityMay 22, 2026 - Perpetual
185

Vidit Khare Proprietor of Trade Mart Research

SEBI Reg. No: INH000026549
Contact PersonVidit Khare
Emailshrrvidit@gmail.com
Registered AddressBm 120 Housing Bord Colony, Pithampur, S O Dhar Infront of Krishna Temple, Pithampur, INDORE, MADHYA PRADESH, 454775
ValidityApr 27, 2026 - Perpetual
186

Vijay Gupta Proprietor of Egrow Capital Services

SEBI Reg. No: INH000027441
Contact PersonVijay Gupta
Emailvijaygagorni@gmail.com
Registered Address322, SCHEME 54, PU4 NEAR RETINA HOSPITAL, VIJAY NAGAR, INDORE, MADHYA PRADESH, 452010
ValidityMay 21, 2026 - Perpetual
187

Vijay Moye Proprietor of Tradespike Research Services

SEBI Reg. No: INH000012883
Contact PersonVijay Moye
Emailvijay969191@gmail.com
Registered Address80, PU4, Scheme No.54, Vijay Nagar Indore, INDORE, MADHYA PRADESH, 452010
ValiditySep 05, 2023 - Perpetual
188

Vijay Porwal

SEBI Reg. No: INH000028158
Contact PersonVijay Porwal
Emailravijayporwal@gmail.com
Registered AddressFirst Floor 137 Ahilya Nagar Extn Near Gopur Square, INDORE, MADHYA PRADESH, 452009
ValidityJun 15, 2026 - Perpetual
189

Vikas Baldi

SEBI Reg. No: INH000022260
Contact PersonVikas Baldi
Emailvikasbaldi05@gmail.com
Registered AddressFlat No. 401 Royal Garden 20/3, New Palasia, INDORE, MADHYA PRADESH, 452001
ValidityJul 30, 2025 - Perpetual
190

Vikas Bhatt Proprietor The Wealth Navigator

SEBI Reg. No: INH000022808
Contact PersonVikas Bhatt
Emailvikasbhatt718@gmail.com
Registered AddressN 211 Shubhangan Omaxe city 1, BaliyaKheda, INDORE, MADHYA PRADESH, 453771
ValidityAug 20, 2025 - Perpetual
191

Vikash Kumar Jain Proprietor Virtual Technologies And Financial Services

SEBI Reg. No: INH000020545
Contact PersonVikash Jain
Emailravirtualtechnologiesandfinanc@gmail.com
Registered Address301, 302, 303 Sterling Arcade, , Race Course Road,, INDORE, MADHYA PRADESH, 452001
ValidityMay 26, 2025 - Perpetual
192

VIKRAM SINGH THAKUR PROPRIETOR OF VENTURE FINCORP

SEBI Reg. No: INH000015288
Contact PersonVikram Thakur
Emailfincorpventure@gmail.com
Registered Address407,KRISHNA BUSINESS CENTRE 4TH FLOOR, PLOT NO 11 PU-4 SCHEME NO 54,VIJAY NAGAR,, INDORE, MADHYA PRADESH, 452010
ValidityMar 01, 2024 - Perpetual
193

Vinay Kumar Singh Proprietor of Vpack Capital Research

SEBI Reg. No: INH000021100
Contact PersonVINAY SINGH
Emailvpacktechnicalresearch@gmail.com
Registered Address155 Bhagya Shri Colony, INDORE, MADHYA PRADESH, 452010
ValidityJun 17, 2025 - Perpetual
194

Vinod Kumar Saha Proprietor of The Divine Research and Wealth Solution

SEBI Reg. No: INH000013077
Contact PersonVinod Saha
Emailcompliance@drws.in
Registered Address117 1st Floor Shagun Arcade, Plot No-8 PU, 4 Scheme No 54, Commercial AB Road, INDORE, MADHYA PRADESH, 452001
ValidityOct 05, 2023 - Perpetual
195

Vishal Rathore Proprietor of Corevalue Research

SEBI Reg. No: INH000031231
Contact PersonVishal Rathore
Emailcorevalueresearch@gmail.com
Registered Address540 Krishnabaag colony, INDORE, MADHYA PRADESH, 452005
ValidityOct 23, 2026 - Perpetual
196

Visual Research

SEBI Reg. No: INH000012786
Contact PersonSatish Pandey
EmailRAVISUALRESEARCH@GMAIL.COM
Registered AddressHouse No. 68, Shrinath Township, Village Dhabali, Indore, INDORE, MADHYA PRADESH, 453771
ValidityAug 30, 2023 - Perpetual
197

Vivek Kumar Singh Proprietor of Noviq Research

SEBI Reg. No: INH000031824
Contact PersonVivek Singh
Emailviveks50343@gmail.com
Registered AddressCH- 231, Scheme No. 74 Vijay Nagar Indore Madhya Pradesh, 452010, INDORE, MADHYA PRADESH, 452010
ValidityNov 05, 2026 - Perpetual
198

Vivek Singh Rajpoot Proprietor of Dhansetu Research

SEBI Reg. No: INH000024550
Contact PersonVivek Rajpoot
Emailgalaxyvivek4@gmail.com
Registered Address401 402 4th Floor, Vishal Cube Building Jangeerwala Square, INDORE, MADHYA PRADESH, 452010
ValidityJan 01, 2026 - Perpetual
199

WEALTH WISHERS

SEBI Reg. No: INH000022640
Contact PersonMonika Loya
Emailinfo@wealthwishers.com
Registered Address304 A3 Avasa Township AB Road Bijalpur, INDORE, MADHYA PRADESH, 452012
ValidityAug 08, 2025 - Perpetual
200

WISE GLOBAL RESEARCH SERVICES PRIVATE LIMITED

SEBI Reg. No: INH000016719
Contact PersonHemraj Sikarwar
Emailra.wiseglobal@gmail.com
Registered Address18 AB Road Onam Plaza, Office No 602, Old Palasiya, Indore Tukoganj, INDORE, MADHYA PRADESH, 452001
ValidityJun 24, 2024 - Perpetual
201

Yogendra Singh Negi Proprietor of Investing Options

SEBI Reg. No: INH000019992
Contact PersonYogendra Singh Negi
Emailinvestoapp247@gmail.com
Registered Address2Dwarkadhish colony, Behind APTC,, Airport road, Indore, INDORE, MADHYA PRADESH, 452005
ValidityMar 06, 2025 - Perpetual
202

Yogendra Singh Tomar Proprietor of Grow Capital Research

SEBI Reg. No: INH000029397
Contact PersonYogendra Tomar
Emailyogendra8819030317@gmail.com
Registered AddressUnit No 1001, Skye Corporate Park, Scheme No 78, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
ValidityAug 04, 2026 - Perpetual
203

Yogesh Lalwani proprietor of Unicap Research

SEBI Reg. No: INH000024204
Contact PersonYogesh Lalwani
Emailinfo@unicapresearch.com
Registered AddressBFF-26 Indus Satellite Greens , Kelodh Hala, INDORE, MADHYA PRADESH, 452010
ValidityDec 12, 2025 - Perpetual
Data Source & Disclaimer

This directory is compiled from publicly available information published in the SEBI Research Analyst register. Registration details, registered addresses and validity information may change over time.

Inclusion in this directory does not represent a ranking, recommendation, endorsement or performance assessment by FinKuber Capital. Investors should independently verify all current details on SEBI's official website.

The analyst cards above are a static directory snapshot. The Last Updated date above is refreshed automatically from the current FinKuber SEBI directory feed. The displayed total remains aligned with the analyst cards on this page.

Indore has always been known for business and trade. Areas like Siyaganj, Cloth Market, and Sarafa have many families who have been involved in wholesale, textiles, jewellery, distribution, and other businesses for many years. In the past, these families usually invested their money in things they knew well. They used money to grow their business, buy property or gold, or keep it in bank deposits. These choices are still common, but Indore has changed a lot. The Pithampur–Dewas industrial area has created many jobs and businesses in automobiles, engineering, pharmaceuticals, and manufacturing. Areas like Vijay Nagar, Crystal IT Park, and the Super Corridor have also created opportunities for IT employees, bankers, doctors, consultants, chartered accountants, and other professionals. Because of this, people in Indore now earn and invest money in many different ways.

The way people invest is also changing. Property and gold are still popular, but many people now invest in mutual funds, SIPs, stocks, ETFs, and IPOs. Younger investors are comfortable using mobile apps and online investment platforms. Some people also follow the stock market or trade in options. Indore has an old connection with the stock market because the Madhya Pradesh Stock Exchange was started in the city in 1919. Today, however, investing has become much easier. People can buy or sell stocks from their phones within seconds. But easy access can also lead to quick decisions. Someone may buy a stock because its price is going up, an IPO is popular, or a tip is being shared online. This is why good Stock Market Research in Indore is important. Before investing, people should understand the company, its business, earnings, debt, price, and possible risks.

Every investor also has different needs. A business owner from the Pithampur–Dewas area may need to keep enough money available for daily business expenses. A salaried person working in Vijay Nagar, Crystal IT Park, or the Super Corridor may prefer investing a fixed amount every month. A business family may want to invest some money outside property, gold, and its own business. Because their needs are different, the same stock or trading idea may not be right for everyone. A SEBI Registered Research Analyst in Indore can provide research-based recommendations, but investors should understand the recommendation and its risks before making a decision. No research can remove market risk or guarantee returns. Good research simply helps people make better decisions instead of depending only on social media, market trends, or unverified tips.

Frequently Asked Questions

1. How can I verify a SEBI registration number in Indore?

Investors can verify a research analyst's registration number through the official SEBI website. Visit the Intermediaries section and search the registration details. Always confirm the registration status before using any paid research or advisory-related service.

2. What fees do SEBI Registered Research Analysts charge in Indore?

Fees vary depending on the type of service provided. Some analysts offer monthly subscriptions, annual research plans, or fixed-fee research services. Investors should always receive clear fee disclosures and understand all charges before making any payment.

3. Should I choose an online analyst or a local analyst in Indore?

The quality of research and SEBI registration matter more than physical location. A properly licensed online analyst can provide professional research services efficiently. Investors should focus on credibility, transparency, and research quality when making their choice.

Research Analysts in Madhya Pradesh

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About the Author

Manoj Tiwari is the Founder of FinKuber Capital and a SEBI Registered Research Analyst. He writes educational content on option trading, investing, risk management, and stock market research for Indian traders and investors.

Last Updated on: November 09, 2026
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