You are probably here because someone called you from Invesia Research and mentioned their SEBI registration, or you saw it in their marketing material.
The question of whether Invesia Research is SEBI registered is a good starting point, but it is not the end of the conversation.
Invesia Research Private Limited is SEBI registered under Research Analyst registration number INH000022941.
The registration was granted on August 22, 2025, which means the firm is relatively new.
No SEBI orders have been issued against it yet.
But user feedback raises questions that any investor should be aware of before deciding.
Is Invesia Research SEBI Registered or Not?
Yes, Invesia Research is SEBI registered. Let us be specific about what that means.
Invesia Research Private Limited holds SEBI Research Analyst registration number INH000022941 under the name of Himanshu Vyas, who is listed as the contact person on SEBI’s intermediary register.
The registration was granted on August 22, 2025, and carries perpetual validity, meaning it does not expire unless the firm is deregistered, suspended, or surrenders the registration voluntarily.
You can verify this yourself in about two minutes.
Go to sebi.gov.in, click on Intermediaries in the top navigation, select Registered Intermediaries, choose Research Analyst from the category dropdown, and search for Invesia Research or type INH000022941.
The result will confirm the firm name, registration number, registration date, and Himanshu Vyas as the contact person.
What the registration confirms is that the firm crossed the minimum compliance threshold SEBI sets for research analysts.
It needed to have the required NISM certifications, a functioning website with proper disclosures, a clear service structure, and adequate compliance procedures to obtain registration.
What the registration does not confirm is that the firm will stay within the legal boundaries of that registration in practice.
That assessment requires looking at something else, which brings us to what actual users have said.
Investor Feedback: What Users Are Saying About Invesia Research?
Before we go into these accounts, an important clarification.
The comments and reviews below are what individual users posted on public platforms.
We are reporting what they said, with the source identified in each case.
We are not independently verifying the accuracy of each account, and no SEBI adjudication order confirming any specific conduct by Invesia Research has been issued as of June 2026.
Comment 1: “Un-Ethical Business Practices”
A user named Ko Sa left a comment directly on a post published by Invesia Research’s own official Facebook page.
The comment read that the firm’s business practices were unethical and that this indicated its future, adding that it was useful only to seasonal speculators. At the time it was captured, the comment had received six likes.
This comment sits on the firm’s own public page, posted in direct response to their content, and had not been removed or disputed in the visible record at the time of writing.
Comment 2: “Ghatiya Company, Sirf Loss Karti Hai”
A second comment, on a separate post on the same Facebook page, came from a user named Madhukar Bhagat, who is identified on the page as a Top Fan.
On Facebook, the “Top Fan” badge is only awarded to users who consistently interact with a page over a sustained period.
This indicates the commenter is not a first-time visitor who stumbled across the post, but someone who followed and engaged with Invesia Research over time before writing, in Hindi, that the firm is an inferior company that only causes losses.
We are reporting these two accounts as publicly available user feedback from the firm’s own official page. They represent individual subscriber or visitor experiences and are not formal regulatory findings.
Two comments expressing negative sentiment do not establish firm-wide misconduct. What they do is raise questions worth weighing alongside the firm’s own marketing material.
What the August 2025 Registration Date Tells You
Most investors do not think about when a firm registered with SEBI, but it is a relevant context.
Invesia Research received its registration in August 2025.
At the time this page was last updated in June 2026, the firm had been operating as a registered entity for less than one year.
A firm with under 12 months of registered operation does not yet have a meaningful live track record under its SEBI licence. It has not been through a full annual cycle of market conditions.
It has not been through a market downturn. And it has not yet had its first formal compliance review or inspection by SEBI as a registered entity in most cases.
This does not mean a new firm cannot be good.
Some excellent advisories start well and build strong records. But for an investor making a significant fee payment, the absence of a meaningful live track record under the registered entity is a relevant consideration.
It means you are, to some extent, deciding with limited evidence of how the firm performs over time.
Before paying, ask specifically for live performance data from the period since August 2025. Not backtested projections. Actual calls made and outcomes from the registered operating period.
Because firm-level disclosures don’t reveal who is driving these recommendations, our profile, Himanshu Vyas Research Analyst, examines his specific role, the firm’s structure, and the critical due diligence questions you should ask before parting with your money.
Investor Protection: The Official SEBI Fee Limit
This is something Invesia Research’s marketing may not highlight, but SEBI requires.
SEBI has set a fee cap of Rs. 1,51,000 per year per client family for all research analyst subscriptions combined. This is not a firm-specific limit.
It applies to all SEBI-registered research analysts across India.
This means if you are already subscribed to any other SEBI-registered research analyst, the total fees you pay across all your RA subscriptions in a year cannot exceed Rs. 1,51,000 for your family.
If Invesia Research charges you a fee that, combined with your other RA subscriptions, exceeds this cap, the excess amount is being collected outside the permitted regulatory framework.
Always ask for the firm’s fee structure in writing before paying and check whether the total aligns with the SEBI cap given your existing subscriptions.
Filing a Complaint: How SEBI Registration Protects You
Here is the part that actually matters for investors who have already paid.
Because Invesia Research is SEBI registered, you have access to India’s full regulatory-compliant infrastructure if the firm violates its registration obligations.
SEBI SCORES gives you a formal grievance channel. SMART ODR provides structured online dispute resolution. Exchange arbitration produces a legally binding award for unresolved disputes.
An unregistered advisory firm gives you significantly fewer formal remedies. A registered firm that violates SEBI regulations gives you more, because the entire regulatory complaint framework applies to it.
The two most common regulatory violations in RA complaints are guaranteed return promises, prohibited under SEBI Regulation 16(b), and live execution guidance sent via WhatsApp or Telegram, which goes beyond the permitted scope of an RA licence.
If either of these occurred in your interaction with Invesia Research, you have a specific complaint basis.
For the complete complaint process from evidence gathering through SCORES to stock exchange arbitration, read: how to complaint against Invesia Research.
Unsure how to proceed with your complaint?
We can assist you in preparing the necessary documents and navigating the grievance process.
Conclusion
Invesia Research is SEBI-registered under INH000022941, granted in August 2025. The registration is real and verifiable. No SEBI orders have been issued against the firm as of June 2026.
User feedback raises concerns about subscriber experience.
These are individual user accounts reported from named public sources, not formal regulatory findings. The August 2025 registration date means the firm has a limited live track record to assess.
The SEBI fee cap of Rs. 1,51,000 per year is worth checking against any fees being quoted.
Registration is the starting point of accountability, not a guarantee of ethical conduct.
If your experience with Invesia Research crossed any of the regulatory lines that the registration prohibits, the formal complaint process is available to you.
Frequently Asked Questions
1. Is Invesia Research SEBI registered?
Yes. Invesia Research Private Limited holds SEBI Research Analyst registration INH000022941 under Himanshu Vyas, granted on August 22, 2025.
You can verify this on SEBI’s intermediary portal at sebi.gov.in.
2. When did Invesia Research get its SEBI registration?
Invesia Research received its SEBI Research Analyst registration on August 22, 2025. As of June 2026, the firm has been operating as a registered entity for less than one year.
3. What is the SEBI fee cap for research analyst services?
SEBI has set a fee cap of Rs. 1,51,000 per year per client family across all research analyst subscriptions combined.
If fees from Invesia Research, combined with other RA subscriptions, exceed this limit, the excess is collected outside the permitted regulatory framework.
4. Can Invesia Research guarantee returns even though it is SEBI registered?
No. SEBI Regulation 16(b) explicitly prohibits all guaranteed or assured return promises from registered research analysts.
No exceptions exist. Any such promise, verbal or written, is a regulatory violation that forms the basis of a SCORES complaint.
5. How do I file a complaint against Invesia Research?
File on SEBI SCORES at scores.gov.in, selecting Research Analyst as the intermediary type and entering registration number INH000022941.
For the complete step-by-step process, read our dedicated complaint guide.
