Many retail traders search online before subscribing to any stock market advisory service. One common question people ask is: Is Rakesh Pandeet SEBI registered?
That question matters because SEBI registration helps investors identify whether a research analyst is legally authorised to provide regulated research services in India.
It also gives investors access to regulatory complaint mechanisms if disputes arise later.
But traders should remember one important thing: SEBI registration should never be treated as a guarantee of profits or risk-free trading.
So, let us answer your question through this blog.
Is Rakesh Pandeet SEBI Registered or Not?
Yes. Rakesh Pandeet is listed as a SEBI-registered Research Analyst (RA).
Here are the SEBI registration details:
Investors can independently verify these details directly on SEBI’s official intermediary database instead of relying only on marketing claims or screenshots.
Rakesh Pandeet is associated with Research Factory and operates as its proprietor.
Research Factory operates in the stock market advisory space and appears to offer services related to:
- Stock market research.
- Trading recommendations.
- Options and Intraday calls.
- Market guidance for retail traders.
The platform promotes itself as a research and advisory service focused on helping traders make market decisions. So, does SEBI registration mean you can fully trust the service?
This is where many retail traders get confused.
A SEBI registration means the analyst is authorised to operate under SEBI regulations.
It also means the entity comes under regulatory oversight and grievance mechanisms, including rules around what can a SEBI registered research analyst do.
But as a smart investor, you should always look beyond registration and search for red flags before deciding to put your investment at stake.
SEBI registration alone does not guarantee ethical conduct at all times. Even SEBI-registered entities can face investor complaints, service-related disputes, or compliance scrutiny later.
That is why traders should evaluate the actual service quality carefully before paying subscription fees.
Rakesh Pandeet User Reviews
Like many advisory platforms operating online, Research Factory also has mixed feedback visible across online forums and review platforms.
1. Complaint About Heavy Losses and Poor Customer Support
One user described Research Factory as the “worst company ever” and alleged that the service mainly resulted in losses instead of guidance.
The reviewer also complained about poor customer support and claimed that the team lacked proper market knowledge and trading skills.
According to the user, the overall experience created frustration because the expectations set during onboarding did not match the actual service quality received later.
2. Large Losses During Trial Service
Another trader claimed that even during the trial period, the advisory calls allegedly resulted in losses of around ₹3 lakh.
The review reflects a major concern often seen in the advisory industry: retail traders entering risky trades without fully understanding the downside.
The user also suggested that inexperienced traders should either properly learn the market themselves or avoid blindly depending on trading calls from others.
3. Poor Market Knowledge
One more reviewer described the experience as “very poor” and accused the company of lacking proper stock market understanding.
The complaint mainly questioned the quality of research and advisory support provided.
Such reviews usually indicate dissatisfaction with the consistency, accuracy, or reliability of the trading guidance received by subscribers.
How To Report Against a Research Analyst?
If you believe misleading conduct was involved, do not rely only on verbal arguments or social media comments.
Follow a proper step-by-step process:
Step 1: Organise All Evidence
Collect all payment proofs, bank records, WhatsApp chats, Telegram messages, screenshots, advertisements, and trade recommendations connected to the service.
Also, prepare a short timeline explaining what was promised and what problems occurred later.
Step 2: Send a Written Complaint to the Firm
Before escalating the matter, first send a proper written complaint directly to the firm or compliance contact.
Clearly explain the issue, dates, payment details, and the resolution you expect.
Step 3: Raise a Complaint with SCORES
Since Research Factory operates under a SEBI-registered Research Analyst registration, investors can escalate unresolved complaints through the SEBI Complaints Redress System (SCORES).
Attach all supporting documents properly while filing the complaint.
Step 4: Lodge a Complaint with Smart ODR
If the issue remains unresolved, investors can approach the SMART ODR platform for online mediation and dispute resolution.
This system is specifically designed for securities market disputes involving registered intermediaries.
Step 5: Arbitration in Stock Market
If major financial losses are involved and resolution still does not happen, arbitration may become necessary.
In arbitration, an independent authority reviews evidence from both sides and passes a legally binding decision.
Need Help?
Many retail traders are unsure how to structure complaints properly after facing losses or misleading sales practices.
Some people have screenshots and payment proofs, but do not know which evidence matters most or which complaint route applies to their case.
If you need help organising documents, preparing complaint drafts, or understanding the proper escalation process through SCORES, SMART ODR, or arbitration, you can register with us for guidance and support.
Conclusion
So, is Rakesh Pandeet SEBI registered?
Yes. Rakesh Pandeet operates as a SEBI-registered Research Analyst under registration number INH000017028 through Research Factory.
But traders should remember that SEBI registration is only one part of the picture.
Real trust comes from transparency, realistic communication, proper risk disclosures, and consistent service quality.
Before paying for any advisory subscription, always verify registrations independently, research user feedback carefully, and stay cautious of unrealistic profit-focused marketing.
