Quick Summary
Growtheum Investment Advisors India Private Limited holds SEBI investment adviser registration INA000019965, valid from 20 February 2025 and perpetual. Its disclosure shows one complaint received and resolved, in March 2026, and its monthly data runs to September 2026. The website gives no fee plan and no clear description of services. It does list its grievance routes and two named officers. We found no SEBI order against the firm as of 14 October 2026, which is not a clean certificate.
A website that is full of investor rights and grievance steps can feel reassuring, and it should. Before you hand your financial details to Growtheum Investment Advisors India Private Limited, it helps to see what that website explains and what it leaves for a phone call.
This blog goes through the registration, the complaint tables, the missing price and the gaps in service detail.
Use it as a set of questions to put to the firm in writing before any money moves.
What Is Growtheum Investment Advisors and How Does It Operate?
Growtheum Investment Advisors India Private Limited is an India incorporated company registered as an investment adviser.
Its stated vision is to promote investment with knowledge and safety.
Its mission is to help investors pick suitable products for their needs, manage their investments, track progress toward goals and reach their reports.
That reads like a full service wealth adviser, though the website does not say which products or what depth of service.
The firm describes its process in steps. They are client onboarding, KYC, sharing the advisory agreement, risk profiling, suitability assessment and then investment advice.
The Process, Step by Step
Each step in that list is something SEBI expects an adviser to do.
The firm’s own statement is that recommendations rest on your risk profile and suitability.
Ask for the risk profile and suitability record to be given to you in writing. It should say what the adviser knows about you and why a recommendation fits.
The Word Safety
The vision statement uses the word safety next to investment.
No investment is safe in the sense of a guaranteed outcome, and SEBI does not allow assured or risk free claims.
Read the line as an aim and not as a promise.
Ask the firm to confirm in writing that it does not guarantee any return or protect against loss.
Investor Rights on the Website
The website sets out investor rights, investor responsibilities and disclosure requirements.
These are regulatory notices, and they are useful, but they are not a description of what Growtheum Investment Advisors will actually do for you.
That difference is the main gap on the site, and later sections come back to it.
The People Named on the Website
Saurabh Mehta is listed as Principal Officer and Head of Customer Service.
Janice Yip is listed as Compliance and Grievance Officer.
These are the roles to whom a written grievance would go, and the website says the office is in One BKC, Bandra Kurla Complex, Mumbai.
Also Read: Finnovate Financial Services Pvt Ltd website cites both 3,500+ families served and 35,000+ families empowered, with no clear reconciliation.
Is Growtheum Investment Advisors India Private Limited SEBI Registered?
SEBI’s public listing, as reflected in our research, shows the firm as a registered investment adviser.
The points below are what the listing shows, and you should confirm them yourself before relying on this page.
- Registration number is INA000019965. The INA prefix marks an investment adviser, unlike INH for a research analyst or INP for a portfolio manager.
- Validity runs from 20 February 2025 and is listed as perpetual. The registration is therefore about one year and eight months old as of October 2026.
- Address is Unit No. 1210 C, 12th Floor, C Wing, One BKC, Bandra Kurla Complex East, Mumbai 400051. The correspondence address is the same.
- Contact person is Saurabh Mehta. The listed email uses the domain name growtheumcapital, which differs a little from the company name.
That is not a concern in itself, since firms often use a group or brand domain.
Still, ask the firm whether Growtheum Capital is the same group and which entity signs your agreement.
The listing also shows the same 14 digit number against telephone and fax.
That does not look like a number you could dial, so use email and confirm a working phone number.
You can run the check yourself in a few minutes.
A SEBI investment adviser registration verify lets you enter INA000019965 and compare the name, category and validity with what is described here.
A SEBI registration number search or a SEBI registered list on the regulator’s own pages does the same job.
Make sure the name on any payment page matches the registered name.
Registration shows that the entity is permitted to give investment advice.
It does not tell you how good the advice is, and it does not show what the firm charges.
What Does Growtheum Investment Advisors Complaints Data Reveal?
Complaint tables show how many grievances reached the firm and what became of them.
The firm publishes a monthly trend and an annual trend, and both are read below with the totals added up again.
The monthly trend covers March 2025 to September 2026, which is 19 months. Months without activity are grouped to keep it short.
|
Period |
Carried forward | Received | Resolved | Pending |
|
March 2025 to February 2026 (twelve months) |
0 | 0 | 0 | 0 |
|
March 2026 |
0 | 1 | 1 |
0 |
| April to September 2026 (six months) | 0 | 0 | 0 |
0 |
| Total across 19 months | 0 | 1 | 1 |
0 |
One complaint received and resolved in March 2026 is the only entry. The annual trend agrees.
|
Financial year |
Carried forward | Received | Resolved | Pending |
|
FY 2024-25 |
0 | 0 | 0 | 0 |
|
FY 2025-26 |
0 | 1 | 1 |
0 |
| FY 2026-27 (part year) | 0 | 0 | 0 |
0 |
| Grand total | 0 | 1 | 1 |
0 |
The grand totals match our sums in both tables.
The FY 2024-25 row
The research notes that FY 2024-25 appears although the registration began on 20 February 2025.
That year ran from April 2024 to March 2025, so it overlaps the registration by about six weeks.
The website does not explain how the earlier part of that year is treated. A line of explanation from the firm would settle it.
How To Read One Complaint
One complaint in 19 months is a small count, and a count alone does not show quality.
The disclosure does not say how many clients the firm serves, so you cannot weigh it against size.
It arrived about 13 months after registration and was closed in the same month.
The tables do not say what it was about or how it ended, so a single resolved complaint cannot establish misconduct or a clean record.
Zero pending in September 2026 describes one month. It does not show how the advice has worked for clients.
How Current The Data Is
The monthly data runs to September 2026.
SEBI expects advisers to update complaint data by the 7th of each month, so September should have been added by 7 October, which fits what we found.
Check the firm’s page again for October when it appears, since a month can change the picture.
If you ever have a complaint of your own, our guide on a SEBI complaint against investment advisor shows how such cases usually run, and it helps to know the path before you pay.
A search of SEBI’s public records and news found no SEBI order against the firm as of 14 October 2026.
That is not a clean certificate, because orders can be published later and our search was limited.
How Much Is Growtheum Investment Advisors Fees, Is It Disclosed?
The website does not disclose advisory fees, plans or payment terms. A prospective client cannot see the cost before contacting the firm.
SEBI sets a ceiling on what an adviser can charge in fixed fee mode. The cap is ₹1,51,000 per client per family per year.
Without a price on the page, you cannot see where the firm sits against that cap or compare it with other advisers.
Why a Missing Price Matters
A fee quoted on a call can change with the caller, the day or the product.
A written quote protects you, and the advisory agreement should state it.
Ask for the fee per year, per service and per family member covered, so you know exactly what leaves your account.
A GST Example
Suppose a quote arrives as ₹1,78,180.
That is the ₹1,51,000 cap plus 18 percent GST, so it would not breach the cap, but the GST treatment should still be confirmed in writing.
This is only a worked example and not the firm’s price.
It shows why the base fee and GST should be written separately.
Items To Get In Writing
Before you pay anything, ask for these items in writing.
- The fee in rupees for each service and each period.
- The GST amount, shown separately from the base fee.
- What happens to the fee if you stop midway.
- The name of the account that receives your payment, matched to the registered name.
Also Read: Fintoo Wealth Private Limited has its tax planning listed at ₹4,900 on one page and ₹7,000 on another.
What Does Growtheum Investment Advisors’s Website Disclose About Service Details?
The research found that the homepage mainly presents regulatory information, such as investor rights, responsibilities and grievance procedures.
It does not clearly explain what advice a client actually receives.
This is a fair thing for a prospective client to notice.
A site for a registered adviser should help you understand the service, the fee and the terms of engagement before you contact the firm.
Here is what a reader may still want to see.
1. The Services in Plain Words
The site names onboarding, KYC, risk profiling and suitability, but these are steps and not services.
A client wants to know whether the offer is a one time plan, a regular review or help with a specific product.
Ask for a written description, and for a sample plan with details removed.
2. The Terms of Engagement
We could not find service terms or a fee schedule on the pages we reviewed.
That does not mean they do not exist, and the firm may share them on request.
SEBI rules expect the MITC and the advisory agreement to reach you before fees are paid.
Ask for both by email, and read them before you pay.
3. Who Advises You
The website names officers for compliance and customer service, but it does not describe the advisers who give the advice.
Ask who will advise you, what their qualifications are and which registration they work under.
Asked to pay before you have seen the fee or the terms in writing?
Our team reviews your payment proof and whatever agreement 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.
What Do Reviews of Growtheum Investment Advisors Say About It?
The research for this blog did not include client reviews of the firm.
We have not described any, and a missing review should not be read as a good or bad sign.
A firm that is only about a year and a half old will also have few public reviews.
Look for dated reviews on more than one platform, and notice how the firm answers criticism.
Questions to Ask Growtheum Investment Advisors Before You Pay
The gaps above can be turned into a short set of questions.
Send them 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 come. The homepage lists process steps and not deliverables.
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. Which entity do I deal with?
Ask whether Growtheum Investment Advisors India Private Limited signs the agreement, and how it relates to the group using the growtheumcapital.com domain.
4. Can I have the MITC and agreement before I pay?
Ask for both documents now, and keep the email as proof of when they arrived.
5. How are disputes settled?
Ask whether the agreement sends disputes to arbitration. Reading up on arbitration in share market cases first helps you judge what such a clause would mean for you.
Also Read: Deepak Parnami Investment Adviser website displays a UPI QR code without explaining its purpose, while advisory fees remain unpublished.
How To Contact Growtheum Investment Advisors and File a Complaint?
The website sets out a grievance process through the firm, the exchange based supervision body for advisers, SEBI’s SCORES platform and SMART ODR.
It names a Principal Officer and a Compliance and Grievance Officer.
Start with the firm, and use email so you have a written trail.
Address it to the Compliance and Grievance Officer, Janice Yip, and copy the Principal Officer, Saurabh Mehta.
Write your name, client ID or payment reference, the issue and the outcome you want within a reasonable time.
A dated email is stronger than a call.
If the firm does not reply or you disagree with its answer, the regulator’s online system is the usual next step.
The page on the SCORES SEBI complaint route lists what to attach and how a case moves once it is filed.
Keep a copy of 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 one more route that the website also lists.
The SMART ODR portal brings in a neutral conciliator to go through your papers with you, so keep the receipt and replies together.
Disclaimer
This blog is based on the firm’s published disclosures and publicly available SEBI records as of 14 October 2026. It does not allege wrongdoing, and the firm is welcome to share its side. We could not independently confirm the firm’s service scope, its fee levels, any link with the growtheumcapital.com domain, the reasons behind its reported complaint, or the content of any agreement beyond what the research showed.
Conclusion
Growtheum Investment Advisors India Private Limited holds a SEBI investment adviser registration, and its one reported complaint is shown as resolved.
The harder part is that the website explains regulation well but says little about the service or the price.
Before you pay, request the fee in rupees with GST, a plain description of what you will receive, the MITC and the agreement.
Keep every answer in writing.
Check the registration yourself, confirm which entity you deal with and match the payment account to the registered name.
If the firm answers openly and promptly, you have a better basis to decide.
If a dispute arises later, write to the firm 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 SEBI listing shows it as an investment adviser under registration INA000019965, valid from 20 February 2025 and listed as perpetual. Confirm the details on SEBI's website and match the name on any payment page.
The monthly and annual tables show one complaint received and resolved, in March 2026, with none pending. The monthly data runs from March 2025 to September 2026.
The website content we reviewed shows no fees, plans or payment terms. Ask the firm to state the fee in rupees, the GST and the refund terms in writing before you pay.
The website lists a Principal Officer and a Compliance and Grievance Officer, and describes routes through the firm, SCORES and SMART ODR. Use email and keep every reply.
The listed email uses growtheumcapital.com, while the company is Growtheum Investment Advisors India Private Limited. We could not confirm the link, so ask the firm which entity signs your agreement.
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