Quick Summary
Grow Research Analyst holds active SEBI Research Analyst registration INH000017222 in the name of Archana Tiwari, granted July 1, 2024. The registration is individual, not corporate. Archana Tiwari personally holds the licence and carries all regulatory responsibility. This page explains what that registration permits, what it prohibits, how to verify it independently in two minutes, and what to do if your experience with this firm did not match what was promised.
The first question every investor should ask before paying a research firm is: Is Grow Research Analyst SEBI registered?
Everything else follows from that answer.
For a Grow Research Analyst, the answer is yes. But knowing the registration number is only the beginning. The registration tells you what the firm is authorised to do.
It does not tell you whether the MCX plan pricing stays within SEBI’s fee cap, whether the complaint disclosures are current, or whether the website language crosses into prohibited return claims.
This blog covers what the SEBI registration confirms, how to verify it yourself, and what your options are if something has already gone wrong.
Is Grow Research Analyst SEBI Registered or Not?
Yes. Grow Research Analyst holds SEBI Research Analyst registration number INH000017222, granted on July 1, 2024.
The registration is in the name of Archana Tiwari as an individual research analyst.
This is an individual registration, not a corporate one. The licence belongs to Archana Tiwari personally.
She carries the regulatory responsibility for every recommendation made under this number, every mandatory disclosure, and every complaint received through the firm.
The registration does not expire on a fixed date. It remains valid as long as licence fees are renewed on time and no regulatory violation leads to suspension or cancellation.
How to Verify Grow Research Analyst’s Registration Yourself?
Do not take any firm’s word for its own registration status. SEBI’s public database takes two minutes to check.
- Go to sebi.gov.in and click on Registered Intermediaries.
- Select Research Analyst from the intermediary list.
- Enter INH000017222 in the search field and click Search.
- Confirm the registration shows as active and is issued in Archana Tiwari’s name.
- Cross-check the registered address against what the firm’s website shows.
If any detail does not match what the firm told you, that is worth pausing on before any payment.
What the Registration Permits Grow Research Analyst to Do?
A SEBI Research Analyst registration is a specific, narrow licence. It covers a defined set of activities and nothing beyond them.
Under INH000017222, Grow Research Analyst is permitted to publish research reports on stocks, sectors, and securities based on documented analysis.
It can issue buy, sell, or hold recommendations supported by proper research methodology. It can provide research-based investment opinions to help investors make informed decisions.
The firm must maintain and publish monthly investor complaint data by the 7th of every following month. It must charge fees within SEBI’s prescribed annual limit of ₹1,51,000 per client family.
It must disclose its research methodology and any conflicts of interest related to specific recommendations.
What the Grow Research Analyst’s Registration Does Not Permit?
This is where many investors make assumptions that cost them money.
A Research Analyst registration does not permit Grow Research Analyst to guarantee or imply assured returns of any kind. The firm’s website uses phrases like “best trading ideas” and “help you in your wealth creation.”
SEBI’s Advertisement Code prohibits promotional claims that imply guaranteed outcomes or make unsubstantiated superiority claims.
These are compliance questions worth raising before subscribing.
The registration does not permit the firm to manage client funds or execute trades on client accounts.
If any representative of the firm offered to handle your account or manage trades on your behalf, that activity requires a separate SEBI licence.
The registration does not permit fees above ₹1,51,000 per client family per year across all plans combined. The MCX quarterly plan at ₹60,000 works out to ₹2,40,000 annually, well above the cap.
For the full fee cap analysis across all four Grow Research Analyst plans, the review page covers every figure.
Read the complete Grow Research Analyst review including pricing and what the annual totals mean against SEBI’s cap.
What Individual Registration Means If Something Goes Wrong?
Because the registration is in Archana Tiwari’s personal name rather than a company name, the accountability structure is direct.
There is no corporate layer between the licence holder and her regulatory obligations.
When you file a complaint on SEBI SCORES, you file against Grow Research Analyst under registration INH000017222. I
In your complaint description, naming Archana Tiwari directly as the proprietor is appropriate since she is personally responsible for the firm’s conduct.
On SEBI SCORES, select Research Analyst as the intermediary type. Enter INH000017222 as the registration number. Describe what you paid, when, what was promised, and what you actually received.
For the complete step-by-step complaint process including the internal grievance first step, SEBI SCORES filing, SMART ODR escalation, and arbitration, the complaint guide covers every stage in order.
Read the complete guide on Grow Research Analyst complaints.
Our team files your SEBI SCORES complaint, prepares the documentation, and represents you through SMART ODR and arbitration.
Conclusion
Grow Research Analyst is SEBI registered under INH000017222 in the name of Archana Tiwari. The registration is active and verifiable.
That confirms the firm is authorised to provide research analyst services.
What the registration cannot confirm is whether the pricing stays within the annual fee cap, whether the complaint disclosures are current.
Or whether the website’s language stays within what SEBI’s Advertisement Code permits.
Those questions require looking beyond the registration number, which the review page covers in full.
Frequently Asked Questions
Yes. Registration INH000017222 is currently active, issued to Archana Tiwari on July 1, 2024. Verify the current status independently at sebi.gov.in under the Research Analyst intermediary category before subscribing.
Archana Tiwari holds the registration as an individual research analyst. The licence is in her personal name, not in the name of Grow Research Analyst as a company. This means she personally carries all regulatory obligations for the firm's conduct.
Research reports, buy or sell or hold recommendations based on documented analysis, and research-based investment opinions. Fees must stay within ₹1,51,000 per client family per year. The firm cannot guarantee returns, manage client accounts, or charge fees above the annual cap.
First raise the complaint directly with the firm in writing. Give 21 calendar days for a response. If not resolved, file on SEBI SCORES using registration number INH000017222 and select Research Analyst as the intermediary type. Escalate to SMART ODR if SCORES does not produce a satisfactory resolution.
No. Registration confirms eligibility to operate and compliance at the time of registration. It does not guarantee the quality of recommendations, the accuracy of disclosures, or that pricing stays within regulatory limits. These require independent review before subscribing.
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