Top SEBI Registered Research Analyst in Indore
Around MT Cloth Market, it is common to see generations of textile traders discussing margins, inventory, and cash flow before the day even begins. A similar business mindset can be seen among Indore's wholesale namkeen manufacturers, many of whom have built successful businesses that supply products across Madhya Pradesh and other parts of India. As the commercial capital of Central India, Indore has always been a city where business decisions are made carefully rather than through speculation. Many established business families have traditionally preferred reinvesting their surplus funds into trading operations, warehouses, commercial properties, and local businesses. That approach continues even today, but a new investment trend is gradually gaining popularity across the city.
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.
174
Research Analysts
Aug 09, 2026
Last Updated
PUBLISHER PROFILE
FinKuber Capital
SEBI Registered Research Analyst
SEBI Registration No.
INH000019062
Contact
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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Showing 174 of 174 Research Analysts
1
Aakash Rathore Proprietor of Kuber Alpha Research
SEBI Reg. No: INH000013642
Contact Person
Aakash Rathore
Email
aakashrathore6008@gmail.com
Registered Address
151/6, Samajwad Nagar,, Indore, INDORE, MADHYA PRADESH, 452002
Validity
Nov 29, 2023 - Perpetual
2
Abhishek Panwar Proprietor of The Horizon Research Service
SEBI Reg. No: INH000013785
Contact Person
Abhishek Panwar
Email
abhishekpanwar172@gmail.com
Registered Address
106, Swadesh Bhawan society 2 Press complex,, A.B road, INDORE, MADHYA PRADESH, 452010
Validity
Nov 30, 2023 - Perpetual
3
Ajay Kumar Jharbade proprietor of Dream Wealth Research Financial Services
SEBI Reg. No: INH000016083
Contact Person
Ajay Jharbade
Email
ra.ajayjharbade@gmail.com
Registered Address
419, Onam Plaza ,4th Floor, 18, Palasia, AB Road, INDORE, MADHYA PRADESH, 452001
Validity
May 07, 2024 - Perpetual
4
Akansha Jain Proprietor of Dynamic Money Research Advisory Services
SEBI Reg. No: INH000024408
Contact Person
Akansha Jain
Email
akanshajain.soe@gmail.com
Registered Address
08 Aranya Nagar, , Sector - E, Slice - 3, Scheme No 78, INDORE, MADHYA PRADESH, 452010
Validity
Dec 22, 2025 - Perpetual
5
AKHILESH GUPTA
SEBI Reg. No: INH000013314
Contact Person
AKHILESH GUPTA
Email
Akhileshguptaresearch@gmail.com
Registered Address
OFFICE NO 303, SHREENATHJI AVENUE, 158, KIBE COMPOUND, INDORE, MADHYA PRADESH, 452001
Validity
Oct 10, 2023 - Perpetual
6
Akhilesh Jat, Proprietor of Akar Market Research
SEBI Reg. No: INH000016649
Contact Person
Akhilesh Jat
Email
akhileshjatpimr1012@gmail.com
Registered Address
E 296 Kalindi Gold City Indore, INDORE, MADHYA PRADESH, 453555
Validity
Jun 24, 2024 - Perpetual
7
Amit Kumar Singh Proprietor of Amit Kumar Singh Research Analyst
SEBI Reg. No: INH000015428
Contact Person
Amit Singh
Email
ra.amitkumarsingh@gmail.com
Registered Address
OFFICE NUMBER 203 , 2ND FLOOR , APOLLO AVENUE , , 30-B, ABOVE NAFEES RESTURANT,OLD PALASIA,, INDORE, MADHYA PRADESH, 452001
Validity
Mar 13, 2024 - Perpetual
8
Amit Kumar Upadhyay
SEBI Reg. No: INH000025540
Contact Person
Amit Upadhyay
Email
Adv.AmitUpadhyay@zohomail.in
Registered Address
M-614 Anand Green, Golden palm, Niranjanpur, INDORE, MADHYA PRADESH, 452010
Validity
Mar 16, 2026 - Perpetual
9
Amit Malviya Proprietor of Moneyplant Research
SEBI Reg. No: INH000020615
Contact Person
Amit Malviya
Email
amitmalviya1987@gmail.com
Registered Address
326-A, 3RD FLOOR,PU-4, SCHEME NO 54, VIJAYNAGAR, INDORE, INDORE, MADHYA PRADESH, 452010
Validity
Jun 02, 2025 - Perpetual
10
ANAND DAS PROPRIETOR OF STOCK INDIA
SEBI Reg. No: INH000027061
Contact Person
ANAND DAS
Email
stockindia59@gmail.com
Registered Address
201-A, Highway Tower, Navlakaha, INDORE, MADHYA PRADESH, 452001
Validity
May 14, 2026 - Perpetual
11
Aneela Killedar Proprietor of Global Vision Research
SEBI Reg. No: INH000015853
Contact Person
Aneela Killedar
Email
Globalvresearch@gmail.com
Registered Address
NO. 316, PLOT NO. 1, PU 4, SCHEME NO. 54, COMMERCIAL, , SHAGUN ARCADE, THIRD FLOOR, INDORE, MADHYA PRADESH, 452010
Validity
Apr 05, 2024 - Perpetual
12
Anish Rai Proprietor of Nivesh Research
SEBI Reg. No: INH000026460
Contact Person
Anish Rai
Email
anishrai143@gmail.com
Registered Address
D 74 Shopping Complex, A.B. Road, INDORE, MADHYA PRADESH, 452001
Validity
Apr 23, 2026 - Perpetual
13
ANJALI GUPTA PROPRIETOR OF EQUITRADE RESEARCH
SEBI Reg. No: INH000017170
Contact Person
Anjali Gupta
Email
anjalimimrot11@gmail.com
Registered Address
31 Everest Apartment, Flat No. 5, Saket Nagar, INDORE, MADHYA PRADESH, 452018
Validity
Jul 01, 2024 - Perpetual
14
Ankit Singh Solanki
SEBI Reg. No: INH000026770
Contact Person
Ankit Solanki
Email
sscapital2255@gmail.com
Registered Address
211 Kailashpuri, Kanadia, Near Bangali Square, INDORE, MADHYA PRADESH, 452016
Validity
May 06, 2026 - Perpetual
15
Ankush Sanodiya Proprietor of Delight Financial Services
SEBI Reg. No: INH000021234
Contact Person
Ankush Sanodiya
Email
delightfinancial@gmail.com
Registered Address
201 2nd Floor Plot No 356 357 358 Scheme No 54, Vijay Nagar, INDORE, MADHYA PRADESH, 452001
Validity
Jun 23, 2025 - Perpetual
16
Anupam Bajpai
SEBI Reg. No: INH000016339
Contact Person
anupam bajpai
Email
anupamvajpayee0731@gmail.com
Registered Address
House no. B- 140 Silicon City, Indore Rajendra Nagar, INDORE, MADHYA PRADESH, 452012
Validity
Jun 14, 2024 - Perpetual
17
ARIHANT CAPITAL MARKETS LTD.
SEBI Reg. No: INH000002764
Contact Person
—
Email
dinesh.ahuja@arihantcapital.com
Registered Address
601, Atlantis Tower, Plot No. , 13 A, Scheme N0. 78,, INDORE, MADHYA PRADESH, 452010
Validity
Mar 11, 2016 - Perpetual
18
Ashvin Patidar
SEBI Reg. No: INH000022181
Contact Person
Ashvin Patidar
Email
ashvin.patidar0077@gmail.com
Registered Address
469 A SECTOR PT, DINDHYAL UPADHYAY NAGAR, SUKHLIYA, INDORE, MADHYA PRADESH, 452010
Validity
Jul 30, 2025 - Perpetual
19
ATIN AGRRAWAL PROPRIETOR OF SRK RESEARCH
SEBI Reg. No: INH000020785
Contact Person
ATIN AGRRAWAL
Email
atinagrrawal@gmail.com
Registered Address
102 A Block Cabin No. 21, Prakrati Corporate YN road Indore M.P., INDORE, MADHYA PRADESH, 452001
Validity
Jun 11, 2025 - Perpetual
20
Atul Bapna
SEBI Reg. No: INH000021997
Contact Person
Atul Bapna
Email
atulbapna638@gmail.com
Registered Address
8 6 Jawhar marg gali no 6 Indore, INDORE, MADHYA PRADESH, 452007
Validity
Jul 23, 2025 - Perpetual
21
Ayush Shrivastav
SEBI Reg. No: INH000026284
Contact Person
Ayush Shrivastav
Email
ayushvas32139@gmail.com
Registered Address
95, Kishan Ganj, Mhow, INDORE, MADHYA PRADESH, 453441
Validity
Apr 20, 2026 - Perpetual
22
Ayusman Das Proprietor of Worth Market Research
SEBI Reg. No: INH000025841
Contact Person
Ayusman Das
Email
Worthmarketresearch.ra@gmail.com
Registered Address
614-MR-3 Mahalaxmi Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Apr 09, 2026 - Perpetual
23
Bharat Rathode Proprietor TradeAura Research
SEBI Reg. No: INH000010292
Contact Person
—
Email
—
Registered Address
2ND FLOOR, 345 346 NO 54 PU 4, , COMMERCIAL INDORE, INDORE, MADHYA PRADESH, 452001
Validity
Oct 18, 2022 - Perpetual
24
Bhupendra Kumar Kushwaha
SEBI Reg. No: INH000022604
Contact Person
Bhupendra Kushwaha
Email
bhupendra4694@gmail.com
Registered Address
Maa Darshan 2nd Floor 9/4 , Dairy Compound Manorama Ganj,, INDORE, MADHYA PRADESH, 452001
Validity
Aug 07, 2025 - Perpetual
25
Chakrapaani Mishra Proprietor of SigmaOne Capital
SEBI Reg. No: INH000027812
Contact Person
Chakrapaani Mishra
Email
sigmaonecapital.info@gmail.com
Registered Address
903, A 1, Scheme No 136, Niranjan Pur, INDORE, MADHYA PRADESH, 452010
Validity
Jun 04, 2026 - Perpetual
26
CHANDRAKANT MATHANKER
SEBI Reg. No: INH000023056
Contact Person
CHANDRAKANT MATHANKER
Email
chandrakant.mathanker@gmail.com
Registered Address
311 DWARIKA ELITE, THIRD FLOOR , PIPVAHANA, INDORE, MADHYA PRADESH, 452016
Validity
Sep 01, 2025 - Perpetual
27
Chart Yogi
SEBI Reg. No: INH000024198
Contact Person
Prateek Singhai
Email
chartsyogi@gmail.com
Registered Address
87, Chatrapati Nagar, Airport Road, INDORE, MADHYA PRADESH, 452005
Validity
Dec 12, 2025 - Perpetual
28
Chetan Sharma Proprietor of Morning Bell Research
SEBI Reg. No: INH000018850
Contact Person
Chetan Sharma
Email
chetan9218@gmail.com
Registered Address
252, Shree Nagar Extension,, INDORE, MADHYA PRADESH, 452018
Validity
Nov 11, 2024 - Perpetual
29
CHETNA PANDEY
SEBI Reg. No: INH000025407
Contact Person
CHETNA PANDEY
Email
chetna.pandey21@gmail.com
Registered Address
261 Omaxe City 2,Mangliya, INDORE, MADHYA PRADESH, 453771
Validity
Mar 12, 2026 - Perpetual
30
DEEPAK PAL PROPRIETOR INVESTOGAINER RESEARCH
SEBI Reg. No: INH000012856
Contact Person
DEEPAK PAL
Email
DEEPAKPAL6364@GMAIL.COM
Registered Address
Plot No. 93-A Setelite Vally, , Mirzapur Road, Tejaji Nagar,, INDORE, MADHYA PRADESH, 452020
Validity
Sep 05, 2023 - Perpetual
31
Deepika Bundela Proprietor of Trade Icon Research Analyst
SEBI Reg. No: INH000012865
Contact Person
DEEPIKA BUNDELA
Email
bundeladeepika14@gmail.com
Registered Address
35/9 SOMNATH KI NAI CHAL, INDORE, MADHYA PRADESH, 452010
Validity
Sep 05, 2023 - Perpetual
32
Deepika Patidar
SEBI Reg. No: INH000028699
Contact Person
Deepika Patidar
Email
phoenixfinancialservices90@gmail.com
Registered Address
Hanuman Mohala Anjad, Madhya Pradesh, INDORE, MADHYA PRADESH, 451556
Validity
Jul 03, 2026 - Perpetual
33
Deepika Sahu Proprietor of Hitanshi Capital
SEBI Reg. No: INH000019211
Contact Person
Deepika Sahu
Email
deepikasahu1204@gmail.com
Registered Address
158, Chhoti Khajrani, Indore GPO,, INDORE, MADHYA PRADESH, 452001
Validity
Jan 01, 2025 - Perpetual
34
Dilpreet Singh Bhatia
SEBI Reg. No: INH000027724
Contact Person
Dilpreet Bhatia
Email
Dilpreet.s.bhatia@gmail.com
Registered Address
260, Apna Gardan Ke Samne, Vishnu Puri N.X. , Indore, INDORE, MADHYA PRADESH, 452001
Validity
Jun 02, 2026 - Perpetual
35
Divya Roy Proprietor Master Research
SEBI Reg. No: INH000022011
Contact Person
Divya Roy
Email
divyaroy19990@gmail.com
Registered Address
Office No. 308, 15/2, Sterling Arcade Race Course Road, INDORE, MADHYA PRADESH, 452001
Validity
Jul 23, 2025 - Perpetual
36
Divya Sharma Proprietor of Intake Research
SEBI Reg. No: INH000026099
Contact Person
Divya Sharma
Email
intakeresearch1717@gmail.com
Registered Address
1 Manpasand Colony, Kalani Nagar, INDORE, MADHYA PRADESH, 452005
Validity
Apr 13, 2026 - Perpetual
37
ELITEFINSERV
SEBI Reg. No: INH000016409
Contact Person
SHRAVAN RATHODE
Email
elitefinserv24@gmail.com
Registered Address
301,302,303 STARLING,, ARKET RACE COURSE ROAD, INDORE, MADHYA PRADESH, 452001
Validity
Jun 21, 2024 - Perpetual
38
FALCONPHASE RESEARCH PRIVATE LIMITED
SEBI Reg. No: INH000022020
Contact Person
Sonu Kushwah
Email
sonu.kushwah7879@yahoo.com
Registered Address
S-118 Sungapore Township, Anex Cly, Talawali Chanda,, Lasudia, Indore, Madhya Pradesh, INDORE, MADHYA PRADESH, 453771
Validity
Jul 24, 2025 - Perpetual
39
Finnalysis Research Analyst
SEBI Reg. No: INH000012759
Contact Person
KISHWER KHAN
Email
finnalysis.research@gmail.com
Registered Address
82 BH Scheme No. 74 C, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Aug 28, 2023 - Perpetual
40
Freedom Investors Research Academy Private Limited
SEBI Reg. No: INH300008863
Contact Person
Manvi Massey
Email
manvimehra@gmail.com
Registered Address
The Chambers, Unit No.0507, Floor 5th 1865, , Rajdanga Main Road, Kasba Kolkata, Parganas,, INDORE, MADHYA PRADESH, 700107
Validity
Mar 14, 2026 - Mar 13, 2031
41
GAURAV KUMAR TRIPATHI Proprietor of Capital Insight Research
SEBI Reg. No: INH000029306
Contact Person
Gaurav Tripathi
Email
capital.insightresearch0503@gmail.com
Registered Address
135-AM-II SUKHALIYA BAPAT NURSING HOME KE PICHHE, INDORE, MADHYA PRADESH, 452010
Validity
Jul 23, 2026 - Perpetual
42
Gaurav Pathak Proprietor of Ruddraksh Research
SEBI Reg. No: INH000013749
Contact Person
Gaurav Pathak
Email
gaurav3335@gmail.com
Registered Address
317 SHAGUN ARCAD , VIJAY NAGAR AB ROAD INDORE, INDORE, MADHYA PRADESH, 452001
Validity
Nov 29, 2023 - Perpetual
43
Gaurav Sethiya
SEBI Reg. No: INH000017374
Contact Person
Gaurav Sethiya
Email
gaurav98273@gmail.com
Registered Address
307 Ramchand Palace Opp. Mahaveer Gate , Scheme No. 71 C Indore, INDORE, MADHYA PRADESH, 452009
Validity
Jul 05, 2024 - Perpetual
44
Hariom Rathor Proprietor of Capital Investo Research
SEBI Reg. No: INH000016755
Contact Person
Hariom Rathor
Email
hariomrathor966@gmail.com
Registered Address
Office No. 109, Western Business Centre, 1 6 New Palasia,, INDORE, MADHYA PRADESH, 452001
Validity
Jun 24, 2024 - Perpetual
45
Harshit Kumar Singh Proprietor of Alpha Insiight
SEBI Reg. No: INH000020660
Contact Person
Harshit Singh
Email
harshit.singh105@gmail.com
Registered Address
OFFICE NUMBER 205, , KRISHNA BUSINESS CENTRE, INDORE, INDORE, MADHYA PRADESH, 452010
Validity
Jun 04, 2025 - Perpetual
46
Hemant Vishwakarma Proprietor of Market cube Research
SEBI Reg. No: INH000027849
Contact Person
Hemant Vishwakarma
Email
Marketcuberesearch@gmail.com
Registered Address
160 Tirumala, green nipania, INDORE, MADHYA PRADESH, 452001
Validity
Jun 05, 2026 - Perpetual
47
Himanshu Madhukar, Proprietor, Equisense Research
SEBI Reg. No: INH000016056
Contact Person
Himanshu Madhukar
Email
h.madhukar24@gmail.com
Registered Address
Prakosht No. 510, Krishna Business Center,, Plot No. 11, Scheme No. 54, PU 4 Commercial,, INDORE, MADHYA PRADESH, 452010
Validity
May 07, 2024 - Perpetual
48
Inderjeet Singh proprietor of Param Nivesh
SEBI Reg. No: INH000016144
Contact Person
inderjeet bhinder
Email
inderjeet1191@yahoo.in
Registered Address
102, Press House, 22 press Complex, A.B. Road, INDORE, MADHYA PRADESH, 452008
Validity
May 08, 2024 - Perpetual
49
Indo Thai Securities Limited
SEBI Reg. No: INH000024842
Contact Person
Shruti Sikrwar
Email
compliance@indothai.co.in
Registered Address
capital Tower behind c21 mall, indore, Scheme No.-54, Indore, Indore, Madhya Pradesh, INDORE, MADHYA PRADESH, 452010
Validity
Feb 03, 2026 - Perpetual
50
INVESIA RESEARCH PRIVATE LIMITED
SEBI Reg. No: INH000022941
Contact Person
Himanshu Vyas
Email
invesiafinance@gmail.com
Registered Address
6th Floor, WTP RED Square, in Front of C21 Mall, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
Validity
Aug 22, 2025 - Perpetual
51
INVESTEDGE RESEARCH ADVISORY PRIVATE LIMITED
SEBI Reg. No: INH000018212
Contact Person
Anant Agrawal
Email
investedgeadvisory.ra@gmail.com
Registered Address
336/B, Clerk Colony,, IT Road, Pardeshipura, INDORE, MADHYA PRADESH, 452003
Validity
Aug 05, 2024 - Perpetual
52
Ishan Tiwari Proprietor of Stock Yantra
SEBI Reg. No: INH000017639
Contact Person
ISHAN TIWARI
Email
RAISHANTIWARI09@GMAIL.COM
Registered Address
Flat No 301 Suryansh Exotica B, 91 Alok Nagar Indore, INDORE, MADHYA PRADESH, 452016
Validity
Jul 16, 2024 - Perpetual
53
JAGDISH KUMAR HOTCHANDANI
SEBI Reg. No: INH000025249
Contact Person
JAGDISH KUMAR HOTCHANDANI
Email
jkhot1956@gmail.com
Registered Address
B 402 GOLD PLAZA,APOLLO DB CITY NIPANIYA, INDORE, MADHYA PRADESH, 452010
Validity
Mar 09, 2026 - Perpetual
54
Jainam Kothari
SEBI Reg. No: INH000028635
Contact Person
Jainam Kothari
Email
jainamkothari940@gmail.com
Registered Address
28- A ,406/A block Moti Mahal, apartment, Scheme 71, INDORE, MADHYA PRADESH, 452009
Validity
Jul 01, 2026 - Perpetual
55
Jay Gupta Proprietor Marketline Research
SEBI Reg. No: INH000029218
Contact Person
Jay Gupta
Email
marketlineresearch9@gmail.com
Registered Address
18 Old Palasia, Onam Plaza Office No 520, A.B. Road Indore, INDORE, MADHYA PRADESH, 452001
Validity
Jul 22, 2026 - Perpetual
56
JITENDRA JAISWAL
SEBI Reg. No: INH000012193
Contact Person
JITENDRA JAISWAL
Email
JITENDRAJAISWAL9816@GMAIL.COM
Registered Address
DM 280 , DEEN DAYAL UPADHYAY NAGAR, INDORE, MADHYA PRADESH, 452010
Validity
Apr 06, 2023 - Perpetual
57
Kapil Rathod Proprietor of The Kuber Group
SEBI Reg. No: INH000023940
Contact Person
Kapil Rathod
Email
kapilrathodgrp47@gmail.com
Registered Address
334, Prakoshtha KR Veda Complex, Bhawarkua, INDORE, MADHYA PRADESH, 452001
Validity
Dec 01, 2025 - Perpetual
58
Kapil Verma Proprietor of Fusiontech Research
SEBI Reg. No: INH000019488
Contact Person
Kapil Verma
Email
fusiontechresearch@gmail.com
Registered Address
Office No 201 MangalCity , Plot No A 1 Scheme no 54 PU4, INDORE, MADHYA PRADESH, 452010
Validity
Jan 27, 2025 - Perpetual
59
KARAN VIJAYVARGIYA
SEBI Reg. No: INH000025470
Contact Person
KARAN VIJAYVARGIYA
Email
Karanvijayvargiya29@gmail.com
Registered Address
654, Scheme No. 114 Part 2, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Mar 13, 2026 - Perpetual
60
KAUSHAL KUMAR SHARMA
SEBI Reg. No: INH000024310
Contact Person
KAUSHAL SHARMA
Email
sharmakaushal312@gmail.com
Registered Address
102 FIRST FLOOR 62 SANVID NAGAR MAIN ROAD KANADIYA ROAD, INDORE, MADHYA PRADESH, 452001
Validity
Dec 17, 2025 - Perpetual
61
Khusboo Vatsa Proprietor of Techfin Research Analyst
SEBI Reg. No: INH000026318
Contact Person
Khushboo Vatsa
Email
ra.techfin@gmail.com
Registered Address
119 B VAIBHAV NAGAR EXTENSION, INDORE, MADHYA PRADESH, 452016
Validity
Apr 20, 2026 - Perpetual
62
Khushil Kumar Agrawal
SEBI Reg. No: INH000016579
Contact Person
KHUSHIL AGRAWAL
Email
kushilagrawal2015@gmail.com
Registered Address
214-B, Silver Oaks Colony, , Sando Dairy, Annapurna Road,, INDORE, MADHYA PRADESH, 452012
Validity
Jun 21, 2024 - Perpetual
63
Kiran Nirapure
SEBI Reg. No: INH000028431
Contact Person
Kiran Nirapure
Email
nir.kir98@gmail.com
Registered Address
Office at Second Floor of Building Situated at North Part of Plot No.2758, Sector E, Sudama Nagar, INDORE, MADHYA PRADESH, 452009
Validity
Jun 24, 2026 - Perpetual
64
Kratika Yadav Proprietor of Ethical Research
SEBI Reg. No: INH000018179
Contact Person
Kratika Yadav
Email
itsethicalresearch@gmail.com
Registered Address
401 413 FOURTH FLOOR, PRINCESS BUSINESS SKYLINE , OPPOSITE C21 MALL, A B ROAD, INDORE, MADHYA PRADESH, 452001
Validity
Aug 02, 2024 - Perpetual
65
Kuldeep Hanumant Proprietor of Goodluck Research
SEBI Reg. No: INH000020253
Contact Person
Kuldeep Hanumant
Email
kuldeephanumant82@outlook.in
Registered Address
50 sundar nagar main, sukhaliya, INDORE, MADHYA PRADESH, 452010
Validity
Apr 11, 2025 - Perpetual
66
Lokendra Sahu Proprietor of Finomint Financial Services
SEBI Reg. No: INH000024648
Contact Person
Lokendra Sahu
Email
finomintservices@gmail.com
Registered Address
14DF, Scheme Karamanak 74C, Main Road, Indore, Madhya Pradesh, INDORE, MADHYA PRADESH, 452010
Validity
Jan 08, 2026 - Perpetual
67
Lovelesh Sharma
SEBI Reg. No: INH000027937
Contact Person
Lovelesh Sharma
Email
love.sharma01@gmail.com
Registered Address
Office No.125, 581/5, MG Road, Indore, INDORE, MADHYA PRADESH, 452003
Validity
Jun 08, 2026 - Perpetual
68
Mahaveer Jain Proprietor of Nextedge Research
SEBI Reg. No: INH000019910
Contact Person
Mahaveer Jain
Email
mahaveerjain6600@gmail.com
Registered Address
Office No. 213, Princes Business Sky, Park Opposite Orbit Mall, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
Validity
Feb 24, 2025 - Perpetual
69
Mandot Securities Private Limited
SEBI Reg. No: INH000017648
Contact Person
Amit Jain
Email
info@mandotsecurities.com
Registered Address
217 Silver Sanchora Castle , 7 R N T Marg, INDORE, MADHYA PRADESH, 452001
Validity
Jul 16, 2024 - Perpetual
70
Manish Sahu Proprietor of Trade Via Research Analyst
SEBI Reg. No: INH000018009
Contact Person
Manish Sahu
Email
Tradeviaresearchanalyst@gmail.com
Registered Address
Office No. 1308, 13th Floor, Sky Corporate Park,, Vijay Nagar, Indore, INDORE, MADHYA PRADESH, 452010
Validity
Jul 30, 2024 - Perpetual
71
Manjushri Sharma
SEBI Reg. No: INH000019497
Contact Person
Manjushri Sharma
Email
sharma.manjushri@gmail.com
Registered Address
B 07 Flat No 704, Palash Parisar Phase 2, Omaxe Hill, INDORE, MADHYA PRADESH, 453331
Validity
Jan 28, 2025 - Perpetual
72
Manoj Kumar Sahu Proprietor of Worth Vision Research
SEBI Reg. No: INH000016524
Contact Person
Manoj Sahu
Email
maxxcapitalresearchs@gmail.com
Registered Address
203 Vishal Astra, SchemeNo54, Satya Sai Square, A B Road, INDORE, MADHYA PRADESH, 452001
Validity
Jun 21, 2024 - Perpetual
73
Mayank Hardia
SEBI Reg. No: INH000014702
Contact Person
Mayank Hardia
Email
mayankhardiya123@gmail.com
Registered Address
3/11 VIJAY NAGAR SARKARI SCHOOL K SAMNE, INDORE, MADHYA PRADESH, 452010
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Feb 09, 2024 - Perpetual
74
Mayank Lodha
SEBI Reg. No: INH000028884
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Mayank Lodha
Email
Mayanklodhara@gmail.com
Registered Address
382 Mount Burg Township Nayata , Mundla Colony Bypass road, INDORE, MADHYA PRADESH, 462020
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Jul 16, 2026 - Perpetual
75
Mayank Shukla Proprietor of Apex Research Financial Services
SEBI Reg. No: INH000019114
Contact Person
Mayank Shukla
Email
apexresearchfin@gmail.com
Registered Address
106, First Floor Shappire Tower,, Plot No 60 PU 4,, INDORE, MADHYA PRADESH, 452010
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Dec 16, 2024 - Perpetual
76
Mayuri Chhaparwal Proprietor of Divine Research
SEBI Reg. No: INH000014720
Contact Person
Mayuri Chhaparwal
Email
mayuriind061@gmail.com
Registered Address
901, 9th floor Skye Corporate,, AB Road,Scheme number 78, INDORE, MADHYA PRADESH, 452010
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Feb 09, 2024 - Perpetual
77
Milind Sonone Proprietor of Growbrow
SEBI Reg. No: INH000027584
Contact Person
Milind Sonone
Email
info@growbrow.in
Registered Address
19 Dhenu Market Regal Square, Above Janta Kachori and Cafe, INDORE, MADHYA PRADESH, 452003
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May 25, 2026 - Perpetual
78
Mohammed Adil Qureshi Proprietor of StockYard
SEBI Reg. No: INH000019220
Contact Person
Mohammed Adil Qureshi
Email
adilq19@gmail.com
Registered Address
515/516 Shagun Arcade,, Vijay Nagar,, INDORE, MADHYA PRADESH, 452010
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Jan 01, 2025 - Perpetual
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Mohd Sharafat Khan Proprietor Of Capsure Research
SEBI Reg. No: INH000019424
Contact Person
Mohammad Khan
Email
capsureresearch@gmail.com
Registered Address
102 Nargis Apartment 74,75 Nandanvan Colony, Manikh Bagh Road Khatiwala Tank, INDORE, MADHYA PRADESH, 452014
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Jan 17, 2025 - Perpetual
80
MONEXAA RESEARCH Prop SATISH KUMAR PANDEY
SEBI Reg. No: INH000020387
Contact Person
SATISH PANDEY
Email
satishpandey250597@gmail.com
Registered Address
261 PU 4 Plot No26 Scheme No54, INDORE, MADHYA PRADESH, 452010
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May 08, 2025 - Perpetual
81
Muruppel Kuruvila James Proprietor of Ideal Research
SEBI Reg. No: INH000014580
Contact Person
Muruppel James
Email
idealresearch09@gmail.com
Registered Address
703-704, CLIFFTON CORPORATE PARK, 11/6, AB ROAD, SECTOR A, SLICE 6, ARANYA NAGAR, VIJAY NAGAR, INDORE, MADHYA PRADESH, 452010
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Jan 19, 2024 - Perpetual
82
Muskan Wadhwani Proprietor Omni Capital Market Research
SEBI Reg. No: INH000011848
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Muskan Wadhwani
Email
omnicapitalms@gmail.com
Registered Address
Plot No 26, 3rd Floor, Scheme No 54, PU 4, Behind C21 Mall, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
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Mar 14, 2023 - Perpetual
83
Na Supreme Research Private Limited
SEBI Reg. No: INH000017745
Contact Person
Neeraj Sen
Email
nsen1525@gmail.com
Registered Address
206,Yukti Shivdham ,Kailashpuri ,Bangali Square,indore, INDORE, MADHYA PRADESH, 452016
Validity
Jul 19, 2024 - Perpetual
84
Nandita Rai Proprietor of Bhakti Wealth
SEBI Reg. No: INH000018054
Contact Person
Nandita Rai Properitor of Bhakti Wealth
Email
nanditarai04@yahoo.com
Registered Address
HE 42 B , Supercity Colony, Gyansila Dhabali, INDORE, MADHYA PRADESH, 453771
Validity
Aug 01, 2024 - Perpetual
85
Narendra Singh Rajput Proprietor Finest Capital Research
SEBI Reg. No: INH000012652
Contact Person
Narendra Rajput
Email
finestcapitalresearch@gmail.com
Registered Address
House No. 46, First Floor, Scheme Number-114, INDORE, MADHYA PRADESH, 452010
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Aug 10, 2023 - Perpetual
86
Neelesh Raghuwanshi
SEBI Reg. No: INH000026673
Contact Person
Neelesh Raghuwanshi
Email
neelraghu17@gmail.com
Registered Address
Koskarpagram Koskarpa, INDORE, MADHYA PRADESH, 461990
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May 05, 2026 - Perpetual
87
Neha Soni Proprietor of RK Research Solutions
SEBI Reg. No: INH000022002
Contact Person
Neha Soni
Email
rkresearchsolutions@gmail.com
Registered Address
Office No 203, 06, New Anjani Nagar, Badi Bhamori, INDORE, MADHYA PRADESH, 452001
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Jul 23, 2025 - Perpetual
88
Nikita Jain Proprietor Balaji Elite Research
SEBI Reg. No: INH000020606
Contact Person
Nikita Jain
Email
balajieliteresearch@gmail.com
Registered Address
3662 E sector, Sudama Nagar, INDORE, MADHYA PRADESH, 452009
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Jun 02, 2025 - Perpetual
89
Nilesh Kushwah Proprietor Aura Capital Financial Services
SEBI Reg. No: INH000020013
Contact Person
Nilesh Kushwah
Email
NILESH.KUSHWAH8839@GMAIL.COM
Registered Address
R73,Kalindi gold city, Jhakhiya, Indore, INDORE, MADHYA PRADESH, 453555
Validity
Mar 10, 2025 - Perpetual
90
Niraj Kumar Jain Proprietor Star Wealth Research
SEBI Reg. No: INH000013730
Contact Person
Niraj Jain
Email
starwealthresearch@gmail.com
Registered Address
Plot No 351, P.U.4, Scheme No 54, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Nov 29, 2023 - Perpetual
91
Nirmal Choudhary Proprietor of Growfincap Financial Services
SEBI Reg. No: INH000028705
Contact Person
Nirmal Choudhary
Email
choudharynirmal.nc@gmail.com
Registered Address
129 Shrinath City,, Near Singapore Township, Dhabli, INDORE, MADHYA PRADESH, 453771
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Jul 03, 2026 - Perpetual
92
Nishita Jain Proprietor of Stockbazaari
SEBI Reg. No: INH000018665
Contact Person
NISHITA JAIN
Email
ra.nishitajain@gmail.com
Registered Address
Office No. MEZ 1 A 2 To 10 30 To 35 , And 35A 4 BCM Heights Vijay Nagar BCM Heights,, INDORE, MADHYA PRADESH, 452010
Validity
Oct 21, 2024 - Perpetual
93
Nitesh Jain Proprietor of One Nivesh
SEBI Reg. No: INH000021614
Contact Person
Nitesh Jain
Email
jain.nitesh0702@gmail.com
Registered Address
3662E Sudama Nagar, Sudama Nagar Indore, INDORE, MADHYA PRADESH, 452009
Validity
Jul 08, 2025 - Perpetual
94
Nitin Sharma Proprietor of WealthXplore Research Analyst
SEBI Reg. No: INH000019406
Contact Person
Nitin Sharma
Email
wealthxplore.ra@gmail.com
Registered Address
The Zodiaq Office No. 204, 2nd Floor ,, INDORE, MADHYA PRADESH, 452016
Validity
Jan 15, 2025 - Perpetual
95
Palash Kag Proprietor Sarathi Research
SEBI Reg. No: INH000012740
Contact Person
Palash Kag
Email
palashkag@gmail.com
Registered Address
F-88, Yashwant Plaza,, 79 South Tukoganj, INDORE, MADHYA PRADESH, 452001
Validity
Aug 25, 2023 - Perpetual
96
PANKAJ PAWAR Proprietor of CapitalLyft
SEBI Reg. No: INH000020934
Contact Person
PANKAJ PAWAR
Email
email2pankajpawar@gmail.com
Registered Address
218219,RafaelTower, Old Palasia,SaketSquare, INDORE, MADHYA PRADESH, 452001
Validity
Jun 16, 2025 - Perpetual
97
Pavan Kumar Rawat proprietor of Rudra Research
SEBI Reg. No: INH000025966
Contact Person
Pavan Kumar Rawat
Email
ra.rudraresearch@gmail.com
Registered Address
Plot No. N-122 Shubhangan,, Omaxe City 1, Balya Kheda, INDORE, MADHYA PRADESH, 453771
Validity
Apr 10, 2026 - Perpetual
98
Pavan Raghuvanshi Proprietor of HighRise Research
SEBI Reg. No: INH000009427
Contact Person
Pavan Raghuvanshi
Email
pavanraghuvanshi2014@gmail.com
Registered Address
A 172, Kanak Avenue Colony, Lasudia Mori, INDORE, MADHYA PRADESH, 453771
Validity
Apr 29, 2022 - Perpetual
99
Pawan Porwal proprietor of Capital Craft Research
SEBI Reg. No: INH000016870
Contact Person
Pawan Porwal
Email
capitalcraftresearchs@gmail.com
Registered Address
175 Shantinath Puri, Gumasta Nagar, Indore, INDORE, MADHYA PRADESH, 452009
Validity
Jun 25, 2024 - Perpetual
100
Pawandeep Singh Pabla Proprietor of Laurel Financial Services
SEBI Reg. No: INH000023904
Contact Person
Pawandeep Pabla
Email
pm17pawandeeps@iimidr.ac.in
Registered Address
48/6, Pipliya Rao, INDORE, MADHYA PRADESH, 452001
Validity
Nov 28, 2025 - Perpetual
101
PRADEEP CARPENTER
SEBI Reg. No: INH000019309
Contact Person
PRADEEP CARPENTER
Email
rapradeepcarpenter@gmail.com
Registered Address
364, Shreekrishn Enclave, Panchderiya,, INDORE, MADHYA PRADESH, 453551
Validity
Jan 06, 2025 - Perpetual
102
Pradeep Sagore Proprietor of Smartgoal Research
SEBI Reg. No: INH000015765
Contact Person
Pradeep Sagore
Email
sagoreroyal822@gmail.com
Registered Address
302 VIDYAPATI BUILDING, 3RD FLOOR, 17, RACE COURSE ROAD,, OPPBASKETBALL COMPLEX,, INDORE, MADHYA PRADESH, 452001
Validity
Mar 22, 2024 - Perpetual
103
PRAKASH YADAV PROPRIETOR OF INVESTEDGE SOLUTION
SEBI Reg. No: INH000020767
Contact Person
Prakash Yadav
Email
investedgesolution1@gmail.com
Registered Address
S.S, INFINITUS,MIDRISE,TOWER A , FLAT NO. 901, MR 11 ROAD, LASUDIYA MORI , INDORE, INDORE, MADHYA PRADESH, 452010
Validity
Jun 09, 2025 - Perpetual
104
Pramod Patidar Proprietor of Equibalance Research
SEBI Reg. No: INH000020527
Contact Person
Pramod Patidar
Email
pramodpatidar2000@gmail.com
Registered Address
206,OM GURUDEV PLAZA, NEAR MECHANIC NAGAR EXTSCHEMENO54, INDORE, MADHYA PRADESH, 452010
Validity
May 19, 2025 - Perpetual
105
Pratiksha Singh Proprietor of Apollotrust Research Services
SEBI Reg. No: INH000028644
Contact Person
Pratiksha Singh
Email
rajawatpratikshasingh@gmail.com
Registered Address
201 D Sai regency, Plot no. 161 Sector A Mahalaxmi nagar Indore, INDORE, MADHYA PRADESH, 452010
Validity
Jul 01, 2026 - Perpetual
106
Praveen Dodiya
SEBI Reg. No: INH000024259
Contact Person
Praveen Dodiya
Email
pravindodiya926@gmail.com
Registered Address
145 Arya Samaj Marg Malipura,Ujjain 456001, INDORE, MADHYA PRADESH, 456001
Validity
Dec 16, 2025 - Perpetual
107
Preetam Mewada Proprietor of Apex Solution Research
SEBI Reg. No: INH000017116
Contact Person
Preetam Mewada
Email
Preetam.singh.sp@gmail.com
Registered Address
Office No 202,Orbit Mall Plot No 305-306, Pu-4 Scheme No 54 Ab Road,, INDORE, MADHYA PRADESH, 452010
Validity
Jun 28, 2024 - Perpetual
108
Priyanshi Garg Proprietor of Equycom Research
SEBI Reg. No: INH000023409
Contact Person
Priyanshi Garg
Email
priyanshigarg23@gmail.com
Registered Address
308, B Block, Kanak Malay Building, Gulmarg Avenue, Manavta Nagar, INDORE, MADHYA PRADESH, 452016
Validity
Sep 24, 2025 - Perpetual
109
QUICK ALGOPLUS PRIVATE LIMITED
SEBI Reg. No: INH000028875
Contact Person
Rahul Singh
Email
info@quickalgoplus.in
Registered Address
TT Nagar Pipliya Kumar, DDU Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Jul 16, 2026 - Perpetual
110
Radheshyam Dandare Proprietor of Stockedge Research
SEBI Reg. No: INH000019336
Contact Person
Radheshyam Dandare
Email
rstockedge@gmail.com
Registered Address
304, 3rd Floor, Royal Ratan Building, M.G.Road, INDORE, MADHYA PRADESH, 452001
Validity
Jan 07, 2025 - Perpetual
111
Rahul Rai Proprietor of Sindhuja Research Services
SEBI Reg. No: INH000023445
Contact Person
Rahul Rai
Email
rahulroy781vibha@gmail.com
Registered Address
E11, Shankeshwar City, Aurobindo Hospital Jakhya, Hanuman Mandir Jakhiya, INDORE, MADHYA PRADESH, 452001
Validity
Sep 25, 2025 - Perpetual
112
Rajiv Dubey Prop. Trade Stone Research Services
SEBI Reg. No: INH000017888
Contact Person
Rajiv Dubey
Email
hrtradestone@gmail.com
Registered Address
402 Krishna Business Center, Plot No 11 PU4, Scheme No 54, Near Medanta Hospital, INDORE, MADHYA PRADESH, 452010
Validity
Jul 24, 2024 - Perpetual
113
Rajiv Sharma Proprietor Capital Life Research
SEBI Reg. No: INH000022163
Contact Person
Rajiv Sharma
Email
rajivylrsharma89@gmail.com
Registered Address
465, Sai Kripa , Colony,, INDORE, MADHYA PRADESH, 452010
Validity
Jul 28, 2025 - Perpetual
114
Rakesh Pandeet Proprietor of Research Factory
SEBI Reg. No: INH000017028
Contact Person
Rakesh Pandeet
Email
rakesh.pandit7765@gmail.com
Registered Address
112/113, C Sector Gali No. 21, First Choice Enterprise, Nandbag Colony, INDORE, MADHYA PRADESH, 452006
Validity
Jun 27, 2024 - Perpetual
115
Raksha Sharma Proprietor of Pheonix Capital Research
SEBI Reg. No: INH000022446
Contact Person
Raksha Sharma
Email
info@pheonixcapitalresearch.com
Registered Address
120, Kalani Nagar, Aero Dram, INDORE, MADHYA PRADESH, 452005
Validity
Aug 05, 2025 - Perpetual
116
Ram Naresh Singh Proprietor Prime Market Research
SEBI Reg. No: INH000015039
Contact Person
Ram Singh
Email
prime360research@gmail.com
Registered Address
22/1, MARUTI NAGAR SUKLIYA, INDORE, MADHYA PRADESH, 452010
Validity
Feb 14, 2024 - Perpetual
117
Ramesh Kumar Pandey Proprietor Money Treasure Research
SEBI Reg. No: INH000012731
Contact Person
Ramesh Pandey
Email
rameshpandey.mtr@gmail.com
Registered Address
Office no 8, 2nd floor, Mangal City,, PU4, Scheme no 54,Vijay Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Aug 25, 2023 - Perpetual
118
Rampal Singh Narwariya Prop. Value Maker Research
SEBI Reg. No: INH000016311
Contact Person
Rampal Narwariya
Email
valuemakerresearch@gmail.com
Registered Address
EW 21, Singapore British Park, Phase 2, Dhabali, INDORE, MADHYA PRADESH, 452001
Validity
Jun 14, 2024 - Perpetual
119
Ranvir Pratap Singh Proprietor Redwood Financial
SEBI Reg. No: INH000021465
Contact Person
Ranvir Singh
Email
redwoodfinan@gmail.com
Registered Address
Flat No302 Gulmohar Enclave Block C Plot No323 IN, Old 251 B Sch No.94 Sector E, INDORE, MADHYA PRADESH, 452016
Validity
Jun 30, 2025 - Perpetual
120
Ratnesh Thakkar
SEBI Reg. No: INH000028264
Contact Person
Ratnesh Thakkar
Email
ratnesh.tk.85@gmail.com
Registered Address
163-A Shri Krishna Avenue phase-1 Limbodi, INDORE, MADHYA PRADESH, 452020
Validity
Jun 16, 2026 - Perpetual
121
Richa Agrawal Proprietor of Ariesindia Research
SEBI Reg. No: INH000025328
Contact Person
Richa Agrawal
Email
richaaagrawal369@gmail.com
Registered Address
Flat no. 614, Block-M, Anand green, Golden Palm, Niranjanpur, Dewas Naka, INDORE, MADHYA PRADESH, 452010
Validity
Mar 11, 2026 - Perpetual
122
Rise Research and Consultancy Services Private Limited
SEBI Reg. No: INH000029412
Contact Person
Maan Rajput
Email
riseresearch2026@gmail.com
Registered Address
310 Shalimar Corporate Center Manorama Ganj, South Tukoganj, INDORE, MADHYA PRADESH, 452001
Validity
Aug 05, 2026 - Perpetual
123
Ritesh Gupta Proprietor of Worthwhiz Financial Services
SEBI Reg. No: INH000014775
Contact Person
Ritesh Gupta
Email
riteshgupta3202@gmail.com
Registered Address
Office No. 614 6th Floor, Krishna Business Centre, Plot No.11 PU4 Scheme No.54,, INDORE, MADHYA PRADESH, 452010
Validity
Feb 09, 2024 - Perpetual
124
Ritu Chouhan Proprietor of The Money Mint Research and Trading Academy
SEBI Reg. No: INH000014456
Contact Person
Ritu Chouhan
Email
rit.sengar@gmail.com
Registered Address
16, Shiv Nagar Colony , Dharnaka, Mhow, Indore, INDORE, MADHYA PRADESH, 453441
Validity
Jan 11, 2024 - Perpetual
125
Rohit Kumar Proprietor Of Moneyventure Research
SEBI Reg. No: INH000026114
Contact Person
Rohit Kumar
Email
moneyventure2025@gmail.com
Registered Address
S 23 Sai City Mangliya, Dhabli Mangliya, INDORE, MADHYA PRADESH, 453771
Validity
Apr 13, 2026 - Perpetual
126
Rohit Soni Proprietor of Tradeline Research
SEBI Reg. No: INH000025054
Contact Person
Rohit Soni
Email
tradelineresearch@gmail.com
Registered Address
109 ED Scheme no 94, Near Lotus Hospital, , Between Khajrana & Robot square Indore, INDORE, MADHYA PRADESH, 452001
Validity
Feb 16, 2026 - Perpetual
127
Rupesh Raj Proprietor of NextEra Research
SEBI Reg. No: INH000020280
Contact Person
Rupesh Raj
Email
rupeshraj4rr@gmail.com
Registered Address
FW 10, British Park, Phase 2,, Singapore Township, Dhabli, INDORE, MADHYA PRADESH, 453771
Validity
Apr 17, 2025 - Perpetual
128
Sandeep Kushwah
SEBI Reg. No: INH000027690
Contact Person
Sandeep Kushwah
Email
mahajan384509@gmail.com
Registered Address
PE-61, Gyanshila City Colony, Dhabli, INDORE, MADHYA PRADESH, 453771
Validity
Jun 02, 2026 - Perpetual
129
SANJEEV KUMAR KASHYAP PROPRIETOR OF MONEYCURE RESEARCH SERVICES
SEBI Reg. No: INH000013606
Contact Person
Sanjeev Kashyap
Email
ra.sanjeev2023@gmail.com
Registered Address
103, Block A, Prakriti Corporate Building, Above Mocha Cafe, INDORE, MADHYA PRADESH, 452003
Validity
Nov 17, 2023 - Perpetual
130
Santosh Sharma, Proprietor SmartStox
SEBI Reg. No: INH000017055
Contact Person
Santosh Sharma
Email
admin@smartstox.in
Registered Address
117, 1st Floor, Shagun Arcade, scheme No 54 A B Road, INDORE, MADHYA PRADESH, 452010
Validity
Jun 27, 2024 - Perpetual
131
Satish Manavare Proprietor of Sterling Research
SEBI Reg. No: INH000027751
Contact Person
Satish Manavare
Email
ra.sterlingresearch@gmail.com
Registered Address
House No. 432, Dhar Road, Nandan Nagar, INDORE, MADHYA PRADESH, 452002
Validity
Jun 02, 2026 - Perpetual
132
Saurab Jain Proprietor Investment Cure Research
SEBI Reg. No: INH000012838
Contact Person
Saurab Jain
Email
saurabj08@gmail.com
Registered Address
175 Tilak nagar flat no 201 Indra apartment, INDORE, MADHYA PRADESH, 452001
Validity
Aug 31, 2023 - Perpetual
133
Saweety Saharan Proprietor of insight research
SEBI Reg. No: INH000011343
Contact Person
Saweety Saharan
Email
sweetysaharan92@gmail.com
Registered Address
T.C Chamber P.U 04 Plot No. 26 Scheme No.54, Opp NRK Bizz Park, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Feb 03, 2023 - Perpetual
134
Shailendra Proprietor of The Wealth Gain
SEBI Reg. No: INH000024745
Contact Person
Shailendra Nirapure
Email
thewealthgain11@gmail.com
Registered Address
05-A, Mitra Bandhu Nagar, Kanadia Road, Indore, Madhya Pradesh, 452016, INDORE, MADHYA PRADESH, 452016
Validity
Jan 27, 2026 - Perpetual
135
Shailesh Singh Proprietor Assent Advisory
SEBI Reg. No: INH000021474
Contact Person
Shailesh Singh
Email
shaileshsingh26@gmail.com
Registered Address
1ST FLOOR, 340DAD SCHEME NO 74C, VIJAY NAGAR, INDORE, MADHYA PRADESH, 452010
Validity
Jun 30, 2025 - Perpetual
136
Sheetal Sokhiya Porprietor of Shree Siddhi Investment
SEBI Reg. No: INH000023074
Contact Person
Sheetal Sokhiya
Email
shreesiddhiinvest@gmail.com
Registered Address
Flat 202, Block Number C1, Shubh Labh Residency,, Khajrana Squre,, INDORE, MADHYA PRADESH, 452018
Validity
Sep 01, 2025 - Perpetual
137
Shikha Verma Proprietor of Dhanvriddhi Research
SEBI Reg. No: INH000028121
Contact Person
Shikha Verma
Email
sshikha22may@gmail.com
Registered Address
19 D GURUKRIPA NAGAR , 60 FEET A, INDORE, MADHYA PRADESH, 452005
Validity
Jun 12, 2026 - Perpetual
138
Shivam Rane Proprietor of Stock Emphasis
SEBI Reg. No: INH000020022
Contact Person
Shivam Rane
Email
shivamrane0914@gmail.com
Registered Address
25 FA, SCHAME NO94,SECTOR F,201 202, LAKEVIEW1, INDORE, MADHYA PRADESH, 452016
Validity
Mar 10, 2025 - Perpetual
139
Shivam Yadav Proprietor of Stox Elite
SEBI Reg. No: INH000017921
Contact Person
Shivam Yadav
Email
stoxelite@gmail.com
Registered Address
B 253 Kalindi Gold City, Bhagiya, Jakhiya, INDORE, MADHYA PRADESH, 453555
Validity
Jul 25, 2024 - Perpetual
140
Shivansu Jaiswal Proprietor Investment Multiplier Research
SEBI Reg. No: INH000024718
Contact Person
Shivansu Jaiswal
Email
shivansu.jaiswal001@gmail.com
Registered Address
302 Navratan Paradise, B22, Sampat Hills, Bicholi Mardana, INDORE, MADHYA PRADESH, 452016
Validity
Jan 21, 2026 - Perpetual
141
Shivpal Rajput Proprietor of Sumedha Research
SEBI Reg. No: INH000019770
Contact Person
Shivpal Rajput
Email
shivpalrajput748@gmail.com
Registered Address
N 508, Singapore Green View Premium, Vidhut Khedi, INDORE, MADHYA PRADESH, 453771
Validity
Feb 11, 2025 - Perpetual
142
Shreenath Infotech
SEBI Reg. No: INH000017976
Contact Person
Sunil Yadav
Email
shreenathinfotech5@gmail.com
Registered Address
101 102, Rafael Tower, Main Saket Square, Old Palasia, INDORE, MADHYA PRADESH, 452001
Validity
Jul 26, 2024 - Perpetual
143
Shubham Sewarik Proprietor of Fundtrack Research
SEBI Reg. No: INH000023658
Contact Person
Shubham Sewarik
Email
sewarikshubham25@gmail.com
Registered Address
402, SILVER MALL,, RNT MARG,, INDORE, MADHYA PRADESH, 452001
Validity
Oct 15, 2025 - Perpetual
144
SHUBHAM SHARMA PROPRIETOR OF THE RAPID INVESTORS
SEBI Reg. No: INH000018559
Contact Person
SHUBHAM SHARMA
Email
therapidinvestors@gmail.com
Registered Address
OFFICE NO. 108, 1ST FLOOR, PRINCESS BUSINESS SKY PARK,, BLOCK NO 22, SCH NO 54, PU 3, VIJAY NAGAR,, INDORE, MADHYA PRADESH, 452010
Validity
Oct 09, 2024 - Perpetual
145
Shyam Sharma
SEBI Reg. No: INH000028033
Contact Person
Shyam Sharma
Email
sharmashyam934@gmail.com
Registered Address
Pioneer Convent School Mahalaxmi Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Jun 10, 2026 - Perpetual
146
SOURAV KUSHWAH PROPRIETOR OF AONE RESEARCH
SEBI Reg. No: INH000025823
Contact Person
SOURAV KUSHWAH
Email
aoneresearch1@gmail.com
Registered Address
21-B Nagin Nagar, INDORE, MADHYA PRADESH, 452005
Validity
Apr 09, 2026 - Perpetual
147
Subhash Singh Tomar Proprietor Confluence Research Service
SEBI Reg. No: INH000014207
Contact Person
Subhash Tomar
Email
Tomar.subhash07@gmail.com
Registered Address
424 Goyal Avenue, Nipania, INDORE, MADHYA PRADESH, 452010
Validity
Dec 26, 2023 - Perpetual
148
Sumit Vyas Proprietor of Skyline Financial Services
SEBI Reg. No: INH000028370
Contact Person
Sumit Vyas
Email
Sumitvyas2506@gmail.com
Registered Address
13, Shantipath Road, Newr Shiksha Mandal, Sabnish Bag, Indore,, INDORE, MADHYA PRADESH, 452007
Validity
Jun 22, 2026 - Perpetual
149
Sunil Nagar Proprietor of Market Vision Research
SEBI Reg. No: INH000026363
Contact Person
Sunil Nagar Proprietor of Market Vision Research
Email
marketvisionresearch025@gmail.com
Registered Address
101, 2nd Floor, Scheme No. 54, Satya Sai Square,, INDORE, MADHYA PRADESH, 452010
Validity
Apr 20, 2026 - Perpetual
150
Syed Haris Ali Proprietor of Alpha Wealth Research
SEBI Reg. No: INH000014650
Contact Person
Syed Ali
Email
haariss932@gmail.com
Registered Address
4-DA, Slice-4, , Scheme No.78, Arranya Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Jan 31, 2024 - Perpetual
151
Tarun Kumar Patidar Proprietor of Equifin Research
SEBI Reg. No: INH000013624
Contact Person
Tarun Patidar
Email
tarunpatidar0108@gmail.com
Registered Address
Plot no. 18 301 A Third Floor, Kanchan Sagar, Old Palasiya, Indore, Madhya Pradesh, 452001, INDORE, MADHYA PRADESH, 452001
Validity
Nov 17, 2023 - Perpetual
152
Tasneem Press wala
SEBI Reg. No: INH000026716
Contact Person
Tasneem Press wala
Email
ca.tasneem@gmail.com
Registered Address
Flat 202, Aman Palace, 74 Veer sawarkar nagar, Opp. Manik bagh Bridge, INDORE, MADHYA PRADESH, 452014
Validity
May 05, 2026 - Perpetual
153
Trillion Stock Research Prop Prachi Sharma
SEBI Reg. No: INH000020129
Contact Person
Prachi Sharma
Email
prachisharma33777@gmail.com
Registered Address
200 Sector A Suryadev Nagar, INDORE, MADHYA PRADESH, 452012
Validity
Mar 24, 2025 - Perpetual
154
UNICORN RESEARCH FIRM
SEBI Reg. No: INH000025337
Contact Person
Kartik Prajapat
Email
Kartikprajapat1199@gmail.com
Registered Address
26, Agrasen Nagar, Airport Road,Indore, INDORE, MADHYA PRADESH, 452005
Validity
Mar 11, 2026 - Perpetual
155
Urvashi Barod Proprietor of Versatile Research Venture
SEBI Reg. No: INH000017444
Contact Person
Urvashi Barod
Email
barodurvashi2@gmail.com
Registered Address
49 A, Ratna Lok Colony,, INDORE, MADHYA PRADESH, 452010
Validity
Jul 09, 2024 - Perpetual
156
Vaibhav Jain
SEBI Reg. No: INH000015437
Contact Person
Vaibhav Jain
Email
ravaibhavjain@gmail.com
Registered Address
112, Goyal Nagar, INDORE, MADHYA PRADESH, 452018
Validity
Mar 14, 2024 - Perpetual
157
Varun Sharma Proprietor of Chart View Research
SEBI Reg. No: INH000027520
Contact Person
Varun Sharma
Email
info@chartviewresearch.com
Registered Address
House No 134 Scheme No 132 Star Squre Indore, INDORE, MADHYA PRADESH, 452010
Validity
May 22, 2026 - Perpetual
158
Vidit Khare
SEBI Reg. No: INH000026549
Contact Person
Vidit Khare
Email
shrrvidit@gmail.com
Registered Address
Bm 120 Housing Bord Colony, Pithampur, S O Dhar Infront of Krishna Temple, Pithampur, INDORE, MADHYA PRADESH, 454775
Validity
Apr 27, 2026 - Perpetual
159
Vijay Gupta Proprietor of Egrow Capital Services
SEBI Reg. No: INH000027441
Contact Person
Vijay Gupta
Email
vijaygagorni@gmail.com
Registered Address
245, Krishna Vatika, Chota Bangarda, Bijasan Road, INDORE, MADHYA PRADESH, 452005
Validity
May 21, 2026 - Perpetual
160
Vijay Moye Proprietor of Tradespike Research Services
SEBI Reg. No: INH000012883
Contact Person
Vijay Moye
Email
vijay969191@gmail.com
Registered Address
607, Krishna Business Center, PU4, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Sep 05, 2023 - Perpetual
161
Vijay Porwal
SEBI Reg. No: INH000028158
Contact Person
Vijay Porwal
Email
Ravijayporwal@gmail.com
Registered Address
House No 191 Shri Royal Krishna Colony AB Road, Near Emerald Heights School PO Rau, INDORE, MADHYA PRADESH, 453331
Validity
Jun 15, 2026 - Perpetual
162
Vikas Baldi
SEBI Reg. No: INH000022260
Contact Person
Vikas Baldi
Email
vikasbaldi05@gmail.com
Registered Address
Flat No. 401 Royal Garden 20/3, New Palasia, INDORE, MADHYA PRADESH, 452001
Validity
Jul 30, 2025 - Perpetual
163
Vikas Bhatt Proprietor The Wealth Navigator
SEBI Reg. No: INH000022808
Contact Person
Vikas Bhatt
Email
vikasbhatt718@gmail.com
Registered Address
N 211 Shubhangan Omaxe city 1, BaliyaKheda, INDORE, MADHYA PRADESH, 453771
Validity
Aug 20, 2025 - Perpetual
164
Vikash Kumar Jain Proprietor Virtual Technologies And Financial Services
SEBI Reg. No: INH000020545
Contact Person
Vikash Jain
Email
ravirtualtechnologiesandfinanc@gmail.com
Registered Address
301, 302, 303 Sterling Arcade, , Race Course Road,, INDORE, MADHYA PRADESH, 452001
Validity
May 26, 2025 - Perpetual
165
VIKRAM SINGH THAKUR PROPRIETOR OF VENTURE FINCORP
SEBI Reg. No: INH000015288
Contact Person
Vikram Thakur
Email
fincorpventure@gmail.com
Registered Address
407,KRISHNA BUSINESS CENTRE 4TH FLOOR, PLOT NO 11 PU-4 SCHEME NO 54,VIJAY NAGAR,, INDORE, MADHYA PRADESH, 452010
Validity
Mar 01, 2024 - Perpetual
166
Vinay Kumar Singh Proprietor of Vpack Capital Research
SEBI Reg. No: INH000021100
Contact Person
VINAY SINGH
Email
vpacktechnicalresearch@gmail.com
Registered Address
155 Bhagya Shri Colony, INDORE, MADHYA PRADESH, 452010
Validity
Jun 17, 2025 - Perpetual
167
Vinod Kumar Saha Proprietor of The Divine Research and Wealth Solution
SEBI Reg. No: INH000013077
Contact Person
Vinod Saha
Email
compliance@drws.in
Registered Address
117 1st Floor Shagun Arcade, Plot No-8 PU, 4 Scheme No 54, Commercial AB Road, INDORE, MADHYA PRADESH, 452001
Validity
Oct 05, 2023 - Perpetual
168
Visual Research
SEBI Reg. No: INH000012786
Contact Person
Satish Pandey
Email
RAVISUALRESEARCH@GMAIL.COM
Registered Address
House No. 68, Shrinath Township, Village Dhabali, Indore, INDORE, MADHYA PRADESH, 453771
Validity
Aug 30, 2023 - Perpetual
169
Vivek Singh Rajpoot Proprietor of Dhansetu Research
SEBI Reg. No: INH000024550
Contact Person
Vivek Rajpoot
Email
galaxyvivek4@gmail.com
Registered Address
Flat No. 601, Block H2 Belmont Park, Niranjanpur, INDORE, MADHYA PRADESH, 453771
Validity
Jan 01, 2026 - Perpetual
170
WEALTH WISHERS
SEBI Reg. No: INH000022640
Contact Person
Monika Loya
Email
info@wealthwishers.com
Registered Address
51A annapurna road sudarshan nagar, Indore, INDORE, MADHYA PRADESH, 452009
Validity
Aug 08, 2025 - Perpetual
171
WISE GLOBAL RESEARCH SERVICES PRIVATE LIMITED
SEBI Reg. No: INH000016719
Contact Person
Hemraj Sikarwar
Email
ra.wiseglobal@gmail.com
Registered Address
18 AB Road Onam Plaza, Office No 602, Old Palasiya, Indore Tukoganj, INDORE, MADHYA PRADESH, 452001
Validity
Jun 24, 2024 - Perpetual
172
Yogendra Singh Negi Proprietor of Investing Options
SEBI Reg. No: INH000019992
Contact Person
Yogendra Singh Negi
Email
investoapp247@gmail.com
Registered Address
2Dwarkadhish colony, Behind APTC,, Airport road, Indore, INDORE, MADHYA PRADESH, 452005
Validity
Mar 06, 2025 - Perpetual
173
Yogendra Singh Tomar Proprietor of Grow Capital Research
SEBI Reg. No: INH000029397
Contact Person
Yogendra Tomar
Email
yogendra8819030317@gmail.com
Registered Address
1535 Scheme No. 114 Part 1, Vijay Nagar, INDORE, MADHYA PRADESH, 452010
Validity
Aug 04, 2026 - Perpetual
174
Yogesh Lalwani proprietor of Unicap Research
SEBI Reg. No: INH000024204
Contact Person
Yogesh Lalwani
Email
info@unicapresearch.com
Registered Address
BFF-26 Indus Satellite Greens , Kelodh Hala, INDORE, MADHYA PRADESH, 452010
Validity
Dec 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 below are a static directory snapshot. The total count and Last Updated date above are refreshed automatically from the current FinKuber SEBI directory feed.
The development of the Super Corridor has also changed the profile of many investors in Indore. Large employers such as TCS and Infosys have brought a growing number of technology professionals with stable incomes and disciplined savings habits. Alongside them, thousands of students from institutions such as IIT Indore, IIM Indore, and the city's extensive coaching ecosystem are becoming familiar with financial markets much earlier than previous generations. Unlike traditional investors who mainly relied on fixed deposits or real estate, many young professionals are now exploring mutual funds, equity investing, exchange-traded funds, and option trading through mobile applications.
This shift has created a growing demand for quality stock market research in Indore. While first-time investors have easy access to trading platforms, access to information alone does not always lead to better decisions. Social media trends, online tips, and market rumours often influence investment choices. As a result, many young investors in Indore are looking for structured research, clear analysis, and data-backed insights before investing their money. They prefer investment ideas supported by facts rather than excitement or speculation.
Today, Indore's investment culture reflects a blend of traditional business wisdom and modern technology-driven investing. Experienced traders, business owners, salaried professionals, and students are all participating in the financial markets in their own way. As market participation continues to grow, many investors are choosing research-based approaches that help them understand risks, evaluate opportunities, and avoid emotional decision-making. This is where a SEBI Registered Research Analyst in Indore can play an important role by providing research-backed insights within a regulated framework. For a city that has always valued careful and calculated decision-making, the increasing focus on informed investing is a natural progression.
Traders and investors in Indore may look for investment, portfolio advisory, or trading tips related to option trading, intraday, Nifty, Bank Nifty, Sensex, stock, and commodity.
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.
