Ever been promised high returns and dedicated support, only to find yourself ignored after making the payment? Many Indian investors claim they’ve faced exactly this with Equentis.
Let’s examine these experiences in detail and separate verified facts from personal opinions.
What is Equentis?
Equentis Wealth Advisory Services Limited works under the brand name Research and Ranking.
According to their official website, they offer profit sharing stock advisory company, help manage portfolios, and provide investment strategies for regular investors across India. They also have Equentis Telegram Channel.
How Does Equentis Operate?
According to available information, Equentis works like this:
Sales Approach:
- Heavy marketing of premium membership plans using Instagram & Telegram
- Multiple follow-up calls to convince prospects
- Personal meetings with sales executives
Service Delivery:
- “5 in 5” strategy recommendations
- Stock picks through email and SMS
- Advisory on mutual funds and equities
- Portfolio management services
Sounds professional, right?
Is Equentis SEBI Registered?
Yes, Equentis Wealth Advisory Services Limited is registered with SEBI as an Investment Adviser.
Their registration has been active since December 2015. However, registration doesn’t automatically mean good service or happy customers.

Equentis User Reviews
While there’s no official SEBI order or notice against them right now, they do have complaints registered on SEBI’s SCORES platform.
More importantly, user reviews show a worrying picture that future investors should know about.
1.Unfulfilled Promises and Poor Returns
Customers say they receive no meaningful recommendations after paying for premium memberships.
The promised quality research and regular stock updates simply don’t happen.
Real User Review
gds2259 (Delhi, India) faced a complete breakdown of promised services and suffered a 30% loss on recommended stocks.

Impact on Investors: Loss of money through poor recommendations, no follow-up support after payment, and investments stuck in big losses (30% reported).
This creates both money problems and stress for regular investors.
Another user casuchitshah (India) received only generic advice that anyone could get for free, despite paying premium fees.

Impact on Investors: Money wasted on basic advice available freely elsewhere. No value addition despite paying premium fees.
Investors feel cheated after realizing they paid for common knowledge.
2. Complete Communication Breakdown Post-Payment
Multiple users say that once payment is made, the sales team and advisory team become completely silent.
Calls aren’t answered, emails go ignored, and promised support simply disappears.
Real User Reviews
rajraghavan936 (India) experienced total neglect after payment, with no response for 22 days despite multiple attempts to contact.

Impact on Investors: Investors feel abandoned after payment, unable to get guidance when market conditions change.
Another user drrajshree4u faced unauthorized deductions even after cancellation and received zero response from customer support.

Impact on Investors: Unauthorized deductions continue even after cancellation.
Customer support doesn’t exist, leading to money losses and broken trust.
3. Misleading Sales Tactics and False Guarantees
Sales representatives make big promises about guaranteed returns and personal support that never actually happen.
The gap between what’s promised and what’s delivered is huge.
Real User Review
manchestermanan31 (India) warns about false guarantees of 25% returns and suspects fake positive reviews.

Impact on Investors: Money loss through expensive memberships with no returns, loss of trust in advisory services, and potential violation of SEBI rules about guaranteed returns.
Also, according to Sundar Jagannathan on Quora, he faced harassment and privacy invasion with extremely personal questions being asked and recorded.

Impact on Investors: Privacy violations, unprofessional behavior, and harassment even after saying no.
This raises serious concerns about how they handle customer data and their ethics.
4. Below-Market Returns Despite Premium Charges
Even premium customers report returns that are much lower than bank fixed deposits or basic index mutual funds, despite paying big advisory fees.
Real User Review
daveprashant21 (India) watched his portfolio go negative over 1.5 years with no market timing advice, performing worse than basic index funds.

5. Operational Inefficiency and Stock Transfer Issues
Users report big delays in basic work like stock transfers and sales execution. The service quality doesn’t match premium pricing.
Real User Review
thakurudayprataps (India) experienced 15-20 day delays in stock transfers and being forced to sell at prices below market rate.

Impact on Investors: Missing good market opportunities due to delayed execution, forced to sell at bad prices, and stuck with stocks you can’t sell.
This can cause big money losses during changing markets.
6. Allegations of Compliance and Ethical Issues
What’s Happening: Some users raise serious concerns about shariya compliance claims and overall business practices.
Real User Review
User ApexBlodhunder from Quora suspects positive reviews are fake and paid.
“Bottom line dont go with this company and waste your money, I have already done so and hence wanted others not to invest in it, In my case the service providers were also not helpful. what ever good reviews you see online is all paid and are PR company.”
Impact on Investors: False representation of services, religious compliance concerns for specific investor groups, and alleged manipulation of online reviews to mislead potential customers.
How to Report Issues with Equentis/Research and Ranking
If you’re facing problems with Equentis services, here are the platforms where you can register your complaint:
- Lodge a Complaint in SEBI SCORES.
- Escalate it if required.
No wonder all this process seems challenging, and that’s why we are here to provide the end-to-end solution to you.
Register with us if you’re experiencing such problems. We can help you:
- Document your case properly
- Navigate the complaint process
- Connect with others facing similar issues
- Explore legal options if needed
Don’t suffer in silence; your experience could help protect other investors from similar situations.
Conclusion
Equentis Wealth Advisory Services (Research and Ranking) is a SEBI-registered investment adviser working since 2015.
While they have valid registration and there’s no official order against them right now, the user reviews show a worrying pattern that future investors should carefully think about.
The repeated complaints about communication breakdown after payment, returns below market benchmarks, basic advice despite premium pricing, and work inefficiencies suggest major service delivery gaps.
Does this mean they’re definitely a scam? Not necessarily. SEBI registration does provide some oversight.
However, the huge number and consistency of negative user experiences, from delayed service to broken promises, is genuinely alarming.
Remember, in investment advisory, trust and consistent service delivery matter just as much as having proper registration.






