Many investors feel reassured the moment they see “SEBI registered” displayed on a firm’s website. While registration reflects regulatory recognition, it should not replace independent evaluation.
In recent years, regulators have closely examined messaging-based trading activities, especially where paid groups, instant trade alerts, or real-time instructions blur the line between research and execution.
The broader pattern shows that format and delivery matter just as much as branding.
This article reviews Invesia Research in a structured way, beginning with how the firm presents its services, then explaining the regulatory framework applicable to Research Analysts, and finally outlining why understanding these boundaries is important for investors.
Invesia Research Review
Invesia Research is presented as an investment research firm led by Himanshu Vyas, a SEBI-registered Research Analyst (Registration No. INH000022941).
The firm describes its approach as research-oriented and strategy-driven, focusing on disciplined market analysis and informed decision-making.
Its website highlights structured methodologies, risk awareness, and a long-term perspective rather than short-term speculation.
Public disclosures include standard regulatory statements: acknowledgment of market risks, clarification that returns are not guaranteed, and transparency regarding its Research Analyst registration status.
At a structural level, these elements align with how a SEBI-registered Research Analyst is expected to present research services.
What a SEBI-Registered Research Analyst Is Allowed to Do?
Under the SEBI (Research Analysts) Regulations, 2014, a registered Research Analyst is permitted to:
- Publish research reports based on technical or fundamental analysis.
- Provide buy, sell, or hold recommendations supported by documented research.
- Share market insights, sector analysis, and strategy-based opinions.
- Charge fixed and transparent fees agreed upon in advance.
- Offer advisory services strictly within the scope of research.
Their role is limited to analysis and recommendation, not execution or fund management.
What a Research Analyst Is Not Allowed to Do?
SEBI regulations also clearly restrict certain activities.
A Research Analyst cannot:
- Promise guaranteed or assured returns.
- Claim definite recovery of trading losses.
- Provide live, trade-by-trade execution guidance.
- Link fees to profits, performance, or profit-sharing models.
- Manage client funds or act as a portfolio manager without separate registration.
- Use communication methods that resemble a personal trading desk.
These boundaries help maintain clarity between research advisory and other regulated financial activities.
What to Do If You Face Any Such Issues with Your Research Analyst?
If you believe a Research Analyst has acted in a manner that appears misleading, non-compliant, or inconsistent with regulatory standards, it is important to respond calmly and methodically.
Investor protection mechanisms exist, and taking informed steps can help you safeguard your interests while ensuring that concerns are addressed through the proper channels.
Step 1: Gather Proofs
Save:
- WhatsApp chats
- Payment receipts
- Emails and onboarding messages
- Any research reports received
Step 2: Write to the Entity
Ask clearly:
- What service category applied (research vs live guidance)
- Whether WhatsApp guidance formed part of the agreement
Step 3: Lodge a Complaint in SCORES
File a complaint with the Securities and Exchange Board of India through SCORES if:
- Service delivery appears inconsistent with RA rules
- Messaging-based trading guidance continues despite objections
Need Help?
If you are facing any issues with your RA, you can register with us.
We help investors:
- Understand the difference between research and advisory conduct
- Organize WhatsApp and payment evidence properly
- Structure SEBI complaints with the regulatory context
- Filing and representation of the case in arbitration, if required.
The focus stays on process, documentation, and clarity, not emotion.
Conclusion
Invesia Research holds SEBI registration as a Research Analyst under the Securities and Exchange Board of India.
If you are considering its advisory services, it is wise to conduct basic due diligence beforehand.
Verify the registration details, understand the fee structure clearly, and ask how the firm approaches research and recommendations.
Review all agreements and disclosures carefully so you are aware of the risks involved. Most importantly, ensure that any advisory service aligns with your financial objectives and your personal risk tolerance.
Taking time to evaluate these factors can help you make more confident and well-informed investment decisions.
