Ever felt like every investment company online sounds confident, polished, and convincing, but something still makes you pause?
That hesitation is not random, but your instinct is asking you to look deeper before trusting anyone with your money.
In today’s fast-moving market, the pressure to act quickly is real.
You see people making profits, you hear about opportunities, and suddenly every research firm starts looking like the missing piece of your success.
But here is the truth. Smart investors do not rush. They verify.
That is exactly why so many people are now asking one important question: Is Research Mart genuine?
If you have come across their services or received calls or messages, it is completely natural to want clarity before taking the next step.
In this blog, we will break everything down in a clear and structured way so you can understand the company, its credibility, complaints, risks, and what you should do as an investor.
Is Research Mart Fake or Real?
Yes, Research Mart is registered with the Securities and Exchange Board of India as a Research Analyst.
They hold a valid SEBI registration with the number INH000009694. This means they are legally authorised to provide research and advisory services in the market. You can verify this registration directly on the SEBI website.
However, it is very important to understand what this actually means. SEBI registration confirms that the company is authorized to operate and is subject to certain rules.
On the surface, Research Mart Services Private Limited provides research and recommendations to different types of investors, including retail traders, HNIs, and long-term investors.
Their focus is on helping clients identify market opportunities through research-based insights.
They offer a variety of services such as:
- Nivesh Shakti
- Stocks Unnati
- Option Labh
- Future Pragati
- Suchkank Munafa
- Option Premium Sanket
- Positional Vriddhi
- Premium Option Commodity Sanket
This shows that they are trying to cater to different trading styles and risk appetites. Their pricing ranges from around 12000 rupees to 175000 rupees.
According to SEBI guidelines, the maximum fee that can be charged from a client annually is around 151000 rupees.
If any package appears to go beyond this, it is something you should clarify directly with the company before making any payment.
In terms of online presence, the company is active across multiple platforms, such as:
- Facebook with more than 4000 followers.
- WhatsApp channel for communication.
- LinkedIn with over 800 followers.
- Instagram with more than 13000 followers.
Now, here is something important to understand. A strong online presence can indicate visibility and marketing effort, but it should never be the only factor for trust.
Many companies build large audiences, but what truly matters is how they operate and how clients experience their services.
Check out what Research Mart is not allowed to do in the detailed overview: Is Research Mart SEBI registered?
Research Mart Complaints Data
Now, let us talk about something that most people either ignore or rush through: complaints.
Every company looks impressive on its website. Clean design, strong claims, confident messaging. But the real insight often comes from what customers experience after they pay.
And that is exactly what complaint data helps you understand.
Research Mart does publish its complaint details, which is a positive sign because not every company is transparent about this. It shows that they are following basic disclosure practices expected from a SEBI-registered research analyst.
When you look at the trend, there is a clear pattern. Complaints were relatively higher during 2023 and 2024. This suggests that a noticeable number of users faced issues during that period.
However, there is also a visible improvement. From 2024 to 2026, the number of complaints has reduced to almost half.
This could indicate that the company has worked on improving its services or handling customer concerns better.
But here is where you need to stay practical.
A drop in complaints is a good sign, but it is not the conclusion. What matters is whether this improvement continues consistently over time.
More importantly, do not look at complaints as just numbers.
Each complaint represents a real person who trusted the company with their money and expectations. Even a single negative experience deserves attention when financial risk is involved.
So instead of blindly trusting or completely rejecting, take a balanced approach. Look at the pattern, observe the trend, and stay aware of both past issues and recent improvements.
This data is important and raises multiple questions. So before you pay, check out detailed user complaints in Research Mart Reviews.
Research Mart Scam
There is one more important aspect that you should not ignore. Research Mart has issued a warning regarding impersonation scams.
Fraudsters are using their name on platforms like:
- Telegram
They approach investors and ask for money. These scams often look convincing because they use the company name and sometimes even copy branding elements.
If you ever receive such messages, do not trust them immediately. Always verify the communication through the official website or contact details of the company.
Remember this clearly. Most scams do not look suspicious at first. They look like genuine opportunities.
How to Complaint Against Research Mart?
If you ever face any issue, it is important to take action instead of ignoring it. There are proper systems in place to help investors resolve their complaints.
Here is how you can proceed step by step:
1. Collect Evidence
Start by gathering all relevant documents such as payment receipts, chat records, emails, and call details. This evidence is crucial because it supports your complaint and strengthens your case.
Without proper proof, it becomes difficult to take action effectively.
2. Register a Complaint with the Research Analyst
The first step is to raise your concern directly with Research Mart. Most SEBI-registered companies have an internal system to handle complaints.
Give them a fair chance to respond and resolve your issue.
3. File a complaint in SCORES
If your issue is not resolved, you can file a complaint on SEBI SCORES. This is the official platform provided by SEBI for investor grievances.
Once you submit your complaint, SEBI ensures that the company responds within a defined timeframe.
4. Lodge Complaint in SMART ODR
If the issue still continues, you can move to SMART ODR. This platform allows disputes to be resolved online in a structured and faster manner. It is a useful step before going into legal proceedings.
5. Initiate Stock Market Arbitration
If all other steps fail, arbitration is the final option. In this process, an independent authority reviews the case and gives a binding decision.
It may take time, but it provides a formal resolution to the dispute.
These steps may seem lengthy, but they are designed to protect investors and ensure accountability. Acting early always improves your chances of resolution.
Need Help?
Handling an unresolved complaint against an SEBI registered entity can feel confusing, especially when internal support does not resolve your issue, and the process seems unclear.
Here is how we can assist you:
- We review your documents to check if your complaint is valid.
- We help you draft a clear complaint for SEBI SCORES and guide you through each step of the process.
- We also assess if SMART ODR or arbitration is suitable for your case.
- We will help you understand your options clearly.
If you are unsure about what went wrong or where to start, that is when a careful and objective review of your situation can really help.
You can register with us by sharing your payment details and any communication you have had with Research Mart, and we will assess your case and guide you honestly on the options available to you.
Conclusion
So, is Research Mart genuine? The answer requires a balanced view.
The company is SEBI registered, which gives it legal standing. It also has a visible online presence and offers multiple services to investors.
At the same time, past complaint trends and pricing structure highlight areas that need careful attention. The presence of impersonation scams adds another layer of risk that investors must be aware of.
The right approach is not blind trust or complete rejection. It is a careful verification.
Take your time, ask questions, cross-check details, and never rush into decisions when your money is involved. That is how you protect yourself and make smarter financial choices.
Frequently Asked Questions
1. Is Research Mart registered with SEBI?
Yes, Research Mart Services Private Limited is registered with the Securities and Exchange Board of India (SEBI) as a Research Analyst. Its valid registration number is INH000009694. You can verify this status directly on the official SEBI website.
2. Does Research Mart have user complaints?
Yes, Research Mart has received customer complaints in the past. According to their published data, complaint volumes were relatively high during 2023 and 2024.
However, from 2024 to 2026, the number of registered complaints dropped by nearly half, indicating an improvement in their service delivery or grievance handling.
3. What is the fee structure for Research Mart services?
Their service packages range from approximately ₹12,000 to ₹1,75,000. Note that SEBI guidelines generally cap the maximum annual fee for such services around ₹1,51,000. If any package exceeds this limit, it is highly recommended to clarify the pricing compliance with them before making a payment.
4. Are there any scams associated with the name Research Mart?
While the registered entity is legal, there are active impersonation scams where fraudsters use Research Mart’s branding on Telegram, WhatsApp, and Instagram to trick investors. Research Mart has issued official warnings regarding this. Always double-check that you are communicating through their official website channels.
