Quick Summary
Deepak Parnami is an individual investment adviser registered with SEBI under INA100003279, listed as perpetual, and a BASL member. His disclosures show 2 complaints received and 2 resolved, both in June 2026, with none pending. The website we reviewed does not show fees, terms, an MITC or an Investor Charter. It does carry a UPI QR code with no payment explanation. We found no SEBI order against him as of 14 October 2026, which is not a clean certificate.
You may have landed on an adviser’s website through a referral, a social media post or a search, and the page looks active. It has a registration number, circulars and a QR code, yet you still do not know what you would be paying for. That gap is the reason for this blog on Deepak Parnami Investment Adviser.
We walk through the registration, the complaint tables and each missing item, and turn them into questions you can send in writing before any money moves.
Who Is Deepak Parnami and What Does He Offer?
Deepak Parnami is an individual investment adviser, which means the registration sits in his own name and not in a company.
The website says SEBI registration, BASL membership and NISM certification do not guarantee performance or returns.
That disclaimer is accurate and worth taking at its word.
It also means the website is not offering any promise of returns, so you should treat any call or message that sounds like one as a separate matter to question.
What The Site Contains
The site carries SEBI circulars, BSE links and monthly investor complaint data.
The firm says the complaint data runs from June 2025 to September 2026.
It also lists WhatsApp and phone numbers, an email address and a contact form.
A visitor can send a name, an email address and a message.
The Extra Links
The website shows a link to the Central Vigilance Commission pledge portal.
That is a civic pledge page and has no bearing on his advisory work.
A UPI QR code also appears on the site.
We come back to it later, because a payment mechanism with no stated purpose is the sort of thing a careful investor should ask about.
The Registered Address
The address given is 44 Nilgiri Apartments, Alaknanda, Kalkaji, New Delhi 110019.
A residential style address is common for individual advisers, so it is not unusual by itself.
Still, confirm that the address on the SEBI listing matches the one on the website and on any invoice you receive.
Is Deepak Parnami Investment Adviser SEBI Registered?
The research shows Deepak Parnami registered with SEBI as an investment adviser, and the website states the same.
Each point below is what the disclosure shows, and you should confirm it yourself before relying on this page.
- Registration number is INA100003279. The INA prefix marks an investment adviser, unlike INH for a research analyst or INP for a portfolio manager.
- Validity is listed as perpetual. The research did not give a registration start date, so check that on SEBI’s listing.
- BASL membership is stated as number 1340. BASL is the administration and supervisory body for investment advisers, and membership is a regulatory requirement and not a quality mark.
- Type of registrant is an individual, not a company. That matters because the person who advises you is the same person who answers for the advice.
A quick way to verify all of this is a SEBI registered investment advisor search where you can enter the INA number, compare the name and category, and see whether the status is active.
A SEBI registration number search on the regulator’s own pages does the same job.
Do it before you pay anyone, and save a screenshot with the date.
Registration shows that a person is allowed to give investment advice.
It does not describe the quality of advice, the fee or the way the engagement works.
Deepak Parnami Investment Adviser Complaint Disclosures: What the Data Shows
The complaint tables show how many grievances reached the adviser and what became of them.
We read the monthly and annual tables below and added the totals ourselves.
The monthly table we reviewed covers April to September 2026, which is six months. Here it is in compact form.
|
Period |
Received | Resolved | Pending |
|
April and May 2026 |
0 | 0 | 0 |
|
June 2026 |
2 | 2 |
0 |
| July to September 2026 | 0 | 0 |
0 |
| Total across six months | 2 | 2 |
0 |
The sums match the grand total shown, two received, two resolved and none pending.
The annual table shows zero complaints for every year from 2021-22 to 2025-26. There is no row yet for 2026-27.
How The Two Tables Fit Together
The research raised a question about whether the monthly and annual tables disagree.
On our reading they do not, because June 2026 falls in the financial year 2026-27, which has no annual row yet.
Still, an annual row for the current year would make the picture easier to follow.
A short note on the page would help readers who compare the two tables.
What The Data Period Tells You
The website says its complaint data runs from June 2025, yet the table we reviewed starts in April 2026.
We could not tell whether earlier months sit on another page.
If you want the full history, ask the adviser to share the earlier monthly tables.
How To Read Two Complaints
Two complaints in six months is a small count, and both are shown as resolved.
The tables do not say what they were about, how long they took or how they were closed.
A resolved status does not by itself show that the client was satisfied.
It also cannot show whether the advice worked, since the tables only count complaints.
The disclosure also does not say how many clients he advises, so you cannot weigh the count against his size.
How Current The Data Is
SEBI expects advisers to update complaint data by the 7th of each month.
September 2026 data should therefore have appeared by 7 October, and it does.
Check again for October once it is due, since one month can change the picture.
If you ever need to raise your own case, the guide on a SEBI complaint against investment advisor shows how those cases usually unfold, and it helps to know that before you pay.
A search of SEBI’s public records found no SEBI order against Deepak Parnami as of 14 October 2026.
That is not a clean certificate, because orders can be published later and our search was limited.
Also Read: Fintoo Wealth Private Limited planning fees differ between ₹4,900 and ₹7,000, and the complaint table’s grand total does not reflect the complaint shown in its detailed rows.
Does Deepak Parnami Disclose His Investment Advisory Fees?
The website does not appear to disclose the fees charged for advisory services.
A visitor cannot see what engagement would cost before making contact.
SEBI allows fees in a fixed fee mode and in an assets under advice mode, each with its own limits.
In the fixed fee mode the cap is ₹1,51,000 per client per family per year.
Without a published fee, you cannot see where he sits against that cap, or compare him with other advisers.
Why A Quoted Fee Needs To Be Written Down
A price given on a call can shift with the caller, the day or the product.
A written quote anchors the discussion, and the advisory agreement should carry it.
Ask for the fee in rupees, the period it covers and the family members it includes.
A GST Example
Suppose a quote arrives as ₹1,78,180.
That figure is the ₹1,51,000 cap plus 18 percent GST, so it does not by itself cross the cap.
This is only a worked example and not his price.
It shows why the base fee and the GST should be written on separate lines.
Before You Pay
Take these four steps first, since each one costs nothing.
- Ask for the fee per service and per year, in rupees.
- Ask for the GST amount, shown apart from the base fee.
- Ask what happens to the fee if you stop midway.
- Ask for the payment account name and match it to the registered name.
What Are Deepak Parnami Investment Adviser Services, Terms and MITC?
The research could not find a clear description of the advisory services on offer.
The website names him as an investment adviser, but it does not say which products, plans or solutions a client gets.
A prospective client benefits from knowing whether the offer is a one time plan, an ongoing review or advice on a single product.
Ask for it in writing, with a sample plan that hides personal details.
1. Terms And Conditions
We could not find detailed terms for the advisory relationship in the information reviewed.
That does not mean none exist, and he may share them on request.
SEBI expects material information about the terms of engagement to reach a prospective client. Ask for them before you commit.
2. The MITC
The Most Important Terms and Conditions, called the MITC, were standardised for advisers from February 2025.
They form part of the advisory agreement.
We could not see the MITC on the website.
The MITC covers fees, risks, advance payments, refunds and the scope of the relationship, so ask for it by email before you pay.
3. The Advisory Agreement
SEBI rules say the agreement must be signed and handed to you before advice is given or fees are charged.
The website does not explain this step.
If anyone asks for money before the agreement reaches you, pause and ask for the document first.
4. Risk Profiling And Suitability
The site does not describe how a client’s risk profile is assessed or how it shapes the advice.
Ask how that process works and request a copy of your own risk profile record.
An adviser’s recommendation should rest on what the adviser knows about you.
A written record shows what that was.
5. Affiliations And Other Services
SEBI requires an adviser to tell prospective clients about affiliations with other intermediaries.
The website names BASL membership, and we found no other affiliation disclosure.
We also found no statement on whether he offers any service outside SEBI’s purview.
If the MITC includes such a declaration, read it closely.
Also Read: Finnovate Financial Services Pvt Ltd website lists a 0.50% bond/NCD transaction charge and reports both 3,500+ and 35,000+ family figures at the same time.
Asked to pay by UPI before you have seen the fee, the MITC or the agreement?Our team reviews your payment proof and whatever paperwork exists, drafts a written grievance to the adviser, and takes it to the right SEBI channel if the reply falls short. Register with us for a free consultation.
Deepak Parnami Investment Adviser Website and UPI QR Code
A UPI QR code sits on the website with no note on what it is for. The page does not link it to a stated fee, a service or a payment term.
This is a transparency concern and not a finding of any breach.
A direct payment option is common, yet an investor benefits when the purpose is spelled out.
Questions To Ask About The QR code
Before you scan, ask what the payment is for and whether it matches a written fee.
Ask for an invoice or receipt that names the service and the period.
Check that the account name displayed on your payment app matches the registered name.
Keep a screenshot of the transaction.
The Layout Of The Site
The research describes the website as loosely organised.
Registration details, circulars, complaint data, contact details and external links appear without clear grouping.
That can make it hard to find key information.
If you cannot locate something, ask for it in writing and note the date.
Investor Charter And Complaint Link
We could not see an Investor Charter on the site.
SEBI expects advisers to display it prominently, because it sets out investor rights and the grievance process.
We also could not see a direct option to lodge a complaint with the adviser. Confirm this by visiting the site yourself.
Where The Complaint Data Sits
SEBI expects complaint status to appear on the homepage in a set format, visible without scrolling.
We could not judge the placement from the information reviewed, so check it yourself when you visit.
If it is not on the homepage, that is a point to raise politely with the adviser.
The adviser may well explain how the page is arranged.
Also Read: Growtheum Investment Advisors India Private Limited fees and key engagement documents were not found anywhere.
Are There Any Deepak Parnami Investment Adviser Reviews Available?
The research for this blog did not include client reviews.
We have not described any, and a missing review should not be read as a good or bad sign.
For an individual adviser, public reviews can be thin.
Look for dated comments on more than one platform, and notice how the adviser responds to criticism.
Any review you read is an individual opinion that we have not verified, and the adviser may dispute it.
Questions to Ask Deepak Parnami Investment Adviser Before You Pay
The gaps above can be turned into a short list. Send these by email so you have a written reply, and wait for the answers before any money moves.
1. What exactly will I receive?
Ask for the services, the format and how often they arrive. The website names the role but not the offering.
2. What is the fee, with GST?
Ask for the base fee in rupees, the GST and the refund terms. If it is a fixed fee, compare it with the ₹1,51,000 cap.
3. Can I have the MITC and agreement now?
Ask for both documents before payment and keep the email as proof of when they arrived.
4. What is the QR code for?
Ask the purpose of the payment, the amount due and the invoice you will receive.
5. How are disputes settled?
Ask whether the agreement sends disputes to arbitration. Reading about arbitration in share market cases first helps you judge what such a clause would mean for you.
Where Can Investors Contact Deepak Parnami and Escalate Complaints?
The research lists WhatsApp and phone numbers, an email address and a contact form.
It does not name a separate grievance officer, so write to the adviser directly and keep the email trail.
State your name, payment reference, the issue and the outcome you want in a reasonable time.
A dated email is stronger than a call.
If the adviser does not reply or you disagree with the answer, the regulator’s online system is the usual next step.
The page on the complaint through SEBI SCORES route covers what to attach and how a case moves after you file.
Keep every reply you receive on that system. They matter if the case has to go further.
For a payment disagreement that stays open, there is another route.
The SMART ODR portal brings in a neutral conciliator to go through your papers with you, so keep receipts and replies together.
Disclaimer
This blog is based on the adviser’s published disclosures and publicly available SEBI records as of 14 October 2026. It does not allege wrongdoing, and the adviser is welcome to share his side. We could not independently confirm his registration start date, his fee levels, the services he offers, whether the omitted items appear elsewhere on his website, the reasons behind his reported complaints, or the content of any agreement beyond what the research showed.
Conclusion
Deepak Parnami holds a SEBI investment adviser registration, and the two complaints in his disclosure are shown as resolved.
The harder part is the website, which shows a registration number and a QR code but little about fees, services or terms.
Before you pay, ask for the fee in rupees with GST, a plain description of the service, the MITC and the signed agreement.
Keep every answer in writing.
Check the registration yourself and match any payment account name to the registered name.
If the adviser answers openly and quickly, you have a better basis to decide.
If a dispute arises later, write to the adviser first and then use the escalation routes in order.
Keep your receipts, emails and screenshots in one folder.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
The research shows him registered as an individual investment adviser under INA100003279, listed as perpetual, with BASL membership number 1340. Confirm the status on SEBI's website and match his name on any payment page.
The monthly table shows two complaints received and resolved in June 2026, with none pending, across April to September 2026. The annual table shows zero for each year from 2021-22 to 2025-26.
The website content we reviewed does not appear to show advisory fees or plans. Ask him to state the fee in rupees, the GST and the refund terms in writing before you pay.
The site does not explain what the QR code is meant for. Ask what payment it covers and what invoice you will receive, and confirm the account name matches the registered name before you pay.
Write to the adviser first and keep the reply. If it falls short, a complaint can go through SEBI's online system or the dispute resolution portal, and our guides cover those routes.
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