Alphawealth Avenues Review: A 15-Year CFO, Then Equity Research, Then Two Compliance Gaps

Alphawealth Avenues holds SEBI Research Analyst registration INH000027140 based in Pune, Maharashtra.

The registration is real and verifiable. Founding Partner Kaustubh Roplekar is a Chartered Accountant with 15 years of CFO experience before moving into equity research full time. The team background is genuine.

What deserves equal attention before you subscribe to the paid Investing Club membership is what the firm’s own website and YouTube channel show about its current compliance posture.

Two specific gaps appear in the firm’s own published content that every prospective subscriber should understand before money changes hands.

Alphawealth Avenues LLP: SEBI Registration

Alphawealth Avenues LLP holds SEBI Research Analyst registration INH000027140, based at 1001, Salva Vida, Fortaleza, Central Avenue Road, Kalyani Nagar, Pune City, Maharashtra 411006.

The firm is led by three named professionals.

Kaustubh Roplekar is the Founding Partner. He is a Chartered Accountant and holds a B.Com qualification.

Before founding Alphawealth Avenues, he spent 15 years as a CFO across companies including Premium Transmission Private Limited, Racold Thermo Ltd, Marico Kaya Limited, and Marico Limited.

He describes himself on LinkedIn as having moved into research and advisory full-time after his corporate career.

Amol Date is listed as Principal Partner. Manthan Rastogi is listed as Equity Research Analyst.

The founder background is genuinely verifiable and reflects real corporate finance experience. A 15-year CFO background before moving into equity research is a more substantive credential than most RA founders present.

Verifying the registration takes two minutes. Go to sebi.gov.in, select Research Analyst as the intermediary category, and search INH000027140.

The result should confirm active registration under Alphawealth Avenues LLP.

What Alphawealth Avenues Offers?

The platform’s primary paid offering is the Investing Club membership. The membership covers sector breakdowns, company financial analysis, and macro market commentary.

The platform also runs an active YouTube channel described as dedicated to simplifying stock market concepts for everyday investors.

Educational content on the channel covers sector analysis, company-specific research discussion, and broader market commentary.

The SEBI annual fee cap of Rs. 1,51,000 per client family per year applies to all Alphawealth Avenues subscription plans combined.

Before subscribing to any membership tier or combining multiple plans, calculate the total annual fee against this ceiling.

Alphawealth Avenues Compliance Gaps

These observations are sourced from the firm’s own website and its own YouTube channel description.

We are describing what is visible in their own published material.

Concern 1: Mandatory Complaint Disclosure Absent From the Website

SEBI requires every registered Research Analyst to publish an Investor Charter and a monthly-updated investor complaint disclosure table on their website.

This is a mandatory ongoing compliance requirement, not an optional disclosure.

The Investor Charter explains client rights and the firm’s obligations. The complaint data table shows how many grievances have been filed and how they were resolved.

Both must be present and current.

During the review conducted for this page, neither the Investor Charter nor the complaint data table was visible on the Alphawealth Avenues website.

This absence removes a layer of transparency that SEBI specifically designed to help retail investors assess a firm before subscribing.

Without the complaint disclosure, a prospective subscriber has no way to independently verify whether any investors have raised grievances and how those were resolved.

Before subscribing to the Investing Club, ask the firm directly to provide the complete complaint data for every financial year since registration was granted.

Concern 2: YouTube Channel Disclaims SEBI Registration While Promoting Paid Membership

The Alphawealth Avenues YouTube channel description states that the channel is an educational initiative and is not registered under SEBI, advising viewers to do their own due diligence before making financial decisions.

This creates a specific compliance question worth understanding.

The same YouTube channel is used to build audience interest in the paid Investing Club membership.

If content shared on the channel includes specific stock analysis, sector research, or company-specific commentary that goes beyond general financial education and into recommendation territory, that activity falls under SEBI’s Research Analyst Regulations regardless of what a channel description says.

SEBI’s regulations are clear that the activity of providing research recommendations determines regulatory applicability, not the label the provider chooses to apply.

A YouTube channel that disclaims SEBI registration while simultaneously building subscriber interest in a paid research service creates an overlap that is worth asking the firm to explain directly before you subscribe.

The question to ask: is the content on the free YouTube channel covered by registration INH000027140 or not?

If it is covered by the registration, the disclaimer is inaccurate. If it is genuinely separate educational content not covered by the registration, the boundary between the free educational content and the paid registered research needs to be clearly defined.

Alphawealth Avenues Marketing Claims

The firm’s public-facing materials reference figures including “50+ years of team experience,” “30+ sectors researched,” “400+ companies analysed,” and “10,000+ delighted followers.”

SEBI’s Advertisement Code for registered intermediaries specifically discourages the use of vague, aggregated, or unverifiable performance statistics in marketing material.

Cumulative team experience figures and follower counts are not performance metrics.

They do not tell a prospective subscriber anything about research accuracy, recommendation outcomes, or what percentage of paid subscribers have achieved their investment objectives following the firm’s advice.

This is not a regulatory violation citation. It is an observation about the type of information being foregrounded versus the information that would actually help a prospective subscriber make an informed decision.

Before subscribing, ask the firm what its research track record looks like in terms of recommendation outcomes, not in terms of years of combined experience or number of companies analysed.

Did Alphawealth Avenues promise something that didn’t match what you received?

We review your case, identify every applicable SEBI violation, draft the SCORES complaint, and represent you through SMART ODR and arbitration.

Register with us for a free consultation.

Before You Subscribe to Alphawealth Avenues: 5 Questions to Ask in Writing

A firm’s website tells you what it wants you to know.

These five questions are designed to get you what it doesn’t volunteer on its own.

Ask each one directly, in writing, and keep every response you receive.

• Where is the mandatory SEBI complaint disclosure?
  Ask for the complete complaint data for every financial year since registration INH000027140 was granted. If the firm cannot produce this, escalate the question to SEBI directly.
• Is the YouTube channel content covered by registration INH000027140?
  The answer should be either yes, in which case the disclaimer on the channel is inaccurate, or no, in which case ask the firm to define clearly what distinguishes the free channel content from the registered paid service.
• What is the research track record?
  Ask for recommendation outcomes, not team experience years. How many recommendations were issued in the last financial year? What percentage achieved their stated targets?
• What is the refund policy on early exit?
  SEBI’s December 2024 amendment requires registered RAs to provide pro-rata refunds on early subscription exit. Get the firm’s written policy on this before paying.
• What is the total annual fee across all plans?
  Calculate your total against SEBI’s Rs. 1,51,000 annual cap before agreeing to anything.

How to Report Alphawealth Avenues If Something Goes Wrong?

If you subscribed to Alphawealth Avenues and experienced outcomes that did not match what was described before you paid, the formal complaint path is available.

This includes several specific situations.

Refund refusal for unused subscription time. Content that appeared to provide specific research recommendations outside the registered framework. Any communication that created false expectations.

Start by filing a SEBI SCORES complaint, using Research Analyst registration INH000027140 and naming Alphawealth Avenues LLP directly in your complaint.

Not sure what to include or how the process actually works?

Our complaint against SEBI registered research analyst page walks you through it step by step.

If SCORES doesn’t resolve things, the next step is the SMART ODR complaint portal, a more structured way to settle.

And if that still doesn’t work, share market arbitration is your final option, a binding decision that ends the process either way.

Conclusion

Alphawealth Avenues holds genuine SEBI registration INH000027140. Kaustubh Roplekar brings a substantive 15-year corporate finance background.

The team credentials are real and independently verifiable.

Two specific compliance gaps appear in the firm’s own published content. The mandatory SEBI complaint disclosure and Investor Charter are absent from the website.

The YouTube channel description disclaims SEBI registration while the channel builds audience interest in a paid registered research service.

Neither of these individually confirms wrongdoing. Together they are exactly the kind of detail SEBI designed its disclosure framework to surface for investors before they subscribe.

The registration is real. What the firm’s own content shows about its current compliance posture is what this review is about.

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Report. Recover. Stay Fraud Free.

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Frequently Asked Questions

1. What is Alphawealth Avenues' SEBI registration number?

Alphawealth Avenues LLP holds SEBI Research Analyst registration INH000027140, operating from Kalyani Nagar, Pune. Verify the current status independently at sebi.gov.in under the Research Analyst intermediary category before subscribing.

2. Who founded Alphawealth Avenues?

Kaustubh Roplekar founded Alphawealth Avenues as Founding Partner. He is a Chartered Accountant with 15 years of prior CFO experience at companies including Premium Transmission Private Limited, Racold Thermo, and Marico. Amol Date is Principal Partner and Manthan Rastogi is listed as Equity Research Analyst.

3. Why is the missing complaint disclosure a concern?

SEBI requires every registered Research Analyst to publish and monthly-update an Investor Charter and complaint data table on their website. This allows prospective subscribers to independently verify grievance history before subscribing. Its absence removes a transparency layer SEBI specifically designed for investor protection.

4. Is the Alphawealth Avenues YouTube channel covered by SEBI registration INH000027140?

The channel description states it is not SEBI registered. The channel simultaneously promotes the paid Investing Club membership and shares stock-specific research commentary. Ask the firm directly whether the YouTube content is covered by the registration or not, and what distinguishes the free channel content from the registered paid service.

5. What is the SEBI annual fee cap for Alphawealth Avenues subscriptions?

SEBI caps the total fees from one registered Research Analyst at Rs. 1,51,000 per client family per financial year across all plans combined. Calculate your total annual commitment against this ceiling before agreeing to any Alphawealth Avenues membership or combination of plans.