Quick Summary
Yes, Dayalstreet holds an active SEBI research analyst registration, INH000015118, valid from 14 February 2024 to 13 February 2029. The certificate sits with one individual, Abhishek Dayal, not with the private company most clients actually pay. That gap between the registered person and the billing entity runs through nearly every other page on this site. This piece checks the registration against SEBI’s own record. It also shows you how to verify it yourself, and flags the other gaps worth knowing before you pay.
Searching if Dayalstreet is SEBI registered usually means one of two things.
You already paid a fee, or you are close to it.
Either way, one detail on the certificate changes how you should read everything else connected to this brand.
This blog checks that certificate against SEBI’s own record, not against what the website claims about itself.
Is Dayalstreet SEBI Registered or Not?
Yes, the Dayalstreet registration is real and currently active. But real does not mean the certificate matches every claim made around it.
SEBI’s register lists INH000015118 under the Research Analyst category. The name attached to it is Abhishek Dayal, an individual, not a company.
| Detail | What the Record Shows |
|---|---|
| Registration number | INH000015118 |
| Category | Research Analyst |
| Holder | Abhishek Dayal, individual |
| Valid from | 14 February 2024 |
| Valid until | 13 February 2029 |
A research analyst registration issued to an individual is a normal, valid category under SEBI’s rules. Plenty of solo analysts operate this way.
Nothing about the certificate itself looks fake or expired.
But the certificate is only half the picture. What matters next is who actually signs your contract.
Why “Registered” Still Needs a Second Look?
SEBI’s rule here is simple. The entity that bills you must match the name on the certificate exactly.
If the private company raises your invoice, while the certificate names an individual, that counts as a registration entity mismatch.
It counts as a real compliance gap, not a small technicality.
That single gap is worth understanding in full before you decide what to make of it.
The Individual Behind the Dayalstreet Certificate, and the Company Taking Your Money
The certificate names one person. The website presents something closer to a group of companies. This section lays out exactly how wide that gap runs.
One Name on the Certificate, Five Brands on the Website
According to the firm’s own disclosure page, Dayalstreet has no associates. Yet the website’s footer lists several connected brands on every single page.
Here is what actually shows up across the site, brand by brand.
- Dayalstreet Financial Services Pvt. Ltd., the corporate website
- Dayalstreet Corporation, named in the footer copyright line
- Dayalstreet Research, the site carrying the actual RA content
- Dayalstreet Academy, a paid education arm
- Dayalstreet RTA, a Registrar and Transfer Agent activity under its own separate SEBI registration
None of these five names appear as disclosed associates anywhere on the site.
A missing associates disclosure is one problem. What it means for your specific contract is a separate one.
What This Mismatch Means for a Paying Client?
If you pay a company, but the registered analyst is an individual, you are dealing with two different legal persons.
SEBI’s rules exist to prevent exactly this kind of confusion.
This does not automatically mean the firm intends to mislead anyone. It does mean a client cannot assume the invoice and the certificate point to the same party.
Reading about this gap is one thing. Checking it yourself takes about two minutes.
How to Verify The Dayalstreet SEBI Registration Yourself?
You do not have to take this page’s word for any of it. SEBI’s own register is public, and checking a research analyst takes less time than reading this section.
Searching SEBI’s Register Directly
Follow these steps to confirm the registration on your own, using SEBI’s official portal.
- Open SEBI’s intermediary register on its official website
- Select the Research Analyst category from the dropdown menu
- Search INH000015118 directly under that category
- Compare the validity dates and holder name against what this page shows
The full verification steps for any research analyst are covered here: How to Check a SEBI Registered Research Analyst?
Confirming the certificate is real answers one question. It does not answer what that certificate actually permits Dayalstreet to sell you.
What Dayalstreet Registration Does Not Cover?
A valid registration covers research activity only. It does not automatically cover everything sold under the same brand name.
SEBI bars research analysts from portfolio advisory or asset allocation services.
That line matters here, since the research site markets a “Stock Baskets” product right alongside its research service.
A packaged, ready made portfolio product edges toward Investment Adviser territory, not research. The site’s own disclosure page states it “shall not be involved in any advisory or portfolio allocation services.”
That sits awkwardly next to the Stock Baskets name.
The exact boundary between research analyst and investment adviser activity is explained here: SEBI Guidelines for Research Analysts.
Registration scope is one boundary worth knowing. A short list of other gaps rounds out the full picture.
Other Red Flags Worth Knowing Before You Pay Dayalstreet
This page focuses on the registration itself. A few other gaps on the site deserve a brief mention, even without full detail here.
- The public payment page shows no fee amount. The ₹1,51,000 per family annual cap cannot be checked before you subscribe
- The refund policy states “no refunds, all sales final.” That conflicts with SEBI’s rule requiring a pro rata refund on early exit
- The Investor Charter page still promises 30 days for grievance resolution. SEBI’s June 2025 circular cut that window to 21 days
- The complaint data disclosure has not been updated since May 2025. That leaves roughly 14 months of required monthly updates missing as of July 2026
Knowing the gaps matters less than knowing what to do if one of them affects you directly.
How to Report Against Dayalstreet?
If the registration mismatch or any gap above matches your own experience, a SCORES complaint is a reasonable next step.
- File on SEBI SCORES against INH000015118, and name the exact issue, whether that is the mismatch or a fee dispute.
- SEBI’s revised charter gives a 21 day window for a first response.
- If that window passes with no resolution, escalate to SMART ODR next. Move to NSE or BSE arbitration if the dispute still stays open.
The full SCORES filing and escalation process is covered here in thie guide: How to File a Complaint Against Dayalstreet?
If any part of that ladder feels unclear, you do not have to work through it alone. A registration mismatch is not always easy to explain inside a SCORES complaint on your own.
Our team reviews your specific invoice and payment record against the certificate above. We tell you plainly whether your situation qualifies as a valid grievance.
Conclusion
Dayalstreet’s SEBI certificate is genuine, current, and easy to verify on the regulator’s own register.
What it does not confirm is which legal entity you are actually contracting with when you pay.
That single gap sits behind most of the other disclosure problems connected to this brand.
Check the registration yourself, and match it against your invoice.
Treat any mismatch as a real reason to ask questions before paying further.
Frequently Asked Questions
Yes, Dayalstreet's certificate runs only until 13 February 2029. SEBI requires analysts to apply for renewal well before the validity period ends. If a renewal application is rejected or ignored, the registration lapses on that exact date. Any research activity after that point would run without a valid license.
SEBI's public register supports a name based search, not only a number based one. Searching Abhishek Dayal directly should return the same INH000015118 record referenced on this page. Using both search methods gives a useful cross check before paying any research analyst.
This depends on the specific facts of your agreement, and this page cannot answer it in general terms. What matters most is documenting exactly who billed you. Then file a SCORES complaint citing the registration number above, so SEBI can examine the mismatch directly.
Add us as a preferred source on Google »
