If someone called you from Stockifi or you saw their social media content and you want to verify whether the firm is genuinely registered before paying, you are asking the right question.
Stockifi is SEBI-registered under Research Analyst registration number INH000008376. The registration was granted on July 2, 2020, and it carries perpetual validity.
That means it does not have an expiry date unless the firm is deregistered or the registration is suspended. As of July 2026, neither has happened.
This page tells you how to verify this yourself in two minutes, what the registration actually authorises the firm to do, and what it does not cover, because those two things are different and understanding the difference matters before you pay.
Is Stockifi SEBI Registered or Not?
Yes. Stockifi is SEBI registered.
Here are the exact details.
The firm is registered under the name Stockifi, Abhijit Chokshi, which is the proprietorship name under which Abhijit Chokshi operates the advisory.
The registered address is YESH KRUPA, Shimpoli, Chikuwadi, Borivali West, Mumbai 400092. The registration number is INH000008376.
The registration date is July 2, 2020.
The Compliance Officer designated on the SEBI register is Kinnar Shah, reachable at [email protected].
Stockifi’s SEBI registration certificate, a screenshot of which is included in this blog for reference, confirms all of these details in the official document format issued by SEBI.
The certificate shows the registration category as Research Analyst, the registration type as an individual or proprietary firm, and Abhijit Chokshi as the named registrant.
Perpetual validity is explicitly stated on the certificate.
How to Verify Stockifi SEBI Registration Status Online?
Checking a SEBI registration takes less than two minutes and is one of the simplest checks an investor can make before paying for any advisory service.
Visit sebi.gov.in and open the Intermediaries section in the top menu.
From there, click Registered Intermediaries and select Research Analyst as the category. You can then search for Stockifi or enter the registration number INH000008376 directly.
The results will display the firm’s registration details, status, registration date, and contact information.
The search confirms the registration details discussed above. It also highlights an important point: Abhijit Chokshi is not listed as a separately registered analyst independent of the business.
The registration belongs to the proprietorship entity Stockifi, Abhijit Chokshi.
That distinction becomes important if you ever need to understand who is responsible for the firm’s regulatory compliance or how the respondent should be identified in a formal complaint.
We explain Abhijit Chokshi’s role, the firm’s accountability structure, and the significance of the proprietorship model in our detailed profile of Abhijit Chokshi Stockifi.
What Does the SEBI RA Registration Permit Stockifi to Do?
SEBI’s Research Analyst Regulations, 2014, set out the activities that a registered research analyst is allowed to undertake.
Stockifi’s registration under INH000008376 permits the firm to carry out the following activities.
- Publish research reports with documented recommendations. Such reports may contain buy, sell, or hold recommendations, but they must also include the analysis supporting the view, the assumptions involved, the relevant risk factors, and the required disclaimers.
A research report is intended to be a structured document rather than a simple WhatsApp message or Telegram alert.
If you are receiving quick alerts, it helps to understand how they compare to formal reports by looking at the features offered inside the Stockifi app. - Provide market education and general commentary. Educational content relating to investment strategies, market trends, and stock market concepts falls within the scope of a research analyst, provided it does not amount to personalised investment advice.
- Deliver stock ideas to subscribers. Stockifi markets a service that provides 10 to 12 stock ideas per year.
As long as those recommendations are accompanied by elements such as an entry range, target levels, and stop-loss guidance, they fall within the activities permitted to a registered research analyst. - Charge a fixed subscription fee. A research analyst may charge subscribers a pre-disclosed fee that has been agreed in writing before the service begins.
What Does the Stockifi Registration Not Permit?
The existence of a SEBI registration does not give a research analyst unrestricted freedom in how services are marketed or delivered.
Certain activities remain outside the permitted scope.
- Guaranteed returns are not allowed. Regulation 16(b) prohibits any promise of assured profits, guaranteed recovery of losses, or minimum returns. Any such statement, if made, falls outside the scope of the registration.
- Live execution instructions are not permitted. A research report is meant to help investors make their own decisions. Directing subscribers to buy or sell immediately at the prevailing market price during trading hours goes beyond the intended role of a research analyst.
- Referral-based commission structures raise separate questions. Research analyst fees are expected to flow directly between the subscriber and the firm.
Stockifi’s referral programme and the questions it raises are examined in greater detail in our guide on Stockifi Subscription charges. - Performance advertising is subject to limits. The use of historical return figures in marketing materials can create expectations about future performance.
Certain claims displayed on Stockifi’s website raise broader questions under the framework governing research analyst advertisements, which we discuss in detail in our main review of Stockifi.
Stockifi SEBI Registration: Your Rights & Complaint Options
Because Stockifi holds an SEBI RA registration, you have access to India’s full formal complaint infrastructure if the firm’s conduct violated the boundaries of that registration.
This is the part of registration that works in your favour as a subscriber.
SCORES SEBI complaint at scores.gov.in gives you a formal channel where the firm is required to respond within a defined period.
Selecting Research Analyst as the intermediary type and entering INH000008376 as the registration number routes your complaint to the right place.
If SCORES does not produce a resolution, the SMART ODR complaint portal provides structured online mediation.
Stock Exchange arbitration is the final step and produces a legally binding award. For claims below Rs. 10 lakh, there is no investor filing fee for exchange arbitration.
The registration that authorised Stockifi to serve you as a research analyst is the same mechanism that gives you formal recourse if it violates that authorisation.
Investors who want a clearer picture of the process, from the first complaint email to possible escalation through SCORES, SMART ODR, and arbitration, can find a detailed breakdown in our guide, how to file a complaint against Stockifi.
Struggling to move your complaint forward?
Our team can assist you in compiling the relevant records and understanding the escalation process.
Conclusion
Stockifi holds a valid SEBI Research Analyst registration under INH000008376, granted on July 2, 2020. Abhijit Chokshi is the registered proprietor.
Kinnar Shah is the Compliance Officer. The registration carries perpetual validity and can be independently verified on sebi.gov.in in under two minutes.
The registration confirms the firm is authorised to provide research-based stock recommendations. It does not authorise guaranteed return promises, live execution guidance, referral commission schemes, or return percentage advertising that misrepresents the complete performance picture.
If your experience with Stockifi involved any of these, the complaint process is available to you through the channels described above.
Frequently Asked Questions
1. Is Stockifi registered with SEBI?
Yes. Stockifi holds SEBI Research Analyst registration INH000008376 under proprietor Abhijit Chokshi, granted on July 2, 2020. The registration carries perpetual validity and is active as of July 2026.
You can verify it at sebi.gov.in under the Research Analyst intermediary category.
2. Who is the compliance officer for Stockifi?
Kinnar Shah is designated as the Compliance Officer for Stockifi and can be contacted at [email protected].
The Compliance Officer is the formal regulatory contact for investor complaints before escalation to SEBI SCORES.
3. What does Stockifi’s SEBI registration allow it to do?
The RA registration authorises Stockifi to publish research reports with documented stock recommendations, provide general market education, and charge a fixed pre-disclosed subscription fee.
Each recommendation must include an entry range, a target, and a stop-loss level to qualify as a research report under SEBI standards.
4. Can Stockifi guarantee returns under its SEBI registration?
No. SEBI Regulation 16(b) explicitly prohibits any guaranteed or assured return promise from a registered RA, in any form, verbal or written.
Any such promise is a regulatory violation regardless of what the subscription agreement says.
5. What is Stockifi’s registered address?
YESH KRUPA, Shimpoli, Chikuwadi, Borivali West, Mumbai 400092. This is the address on record with SEBI under registration INH000008376.
6. How do I file a complaint against Stockifi using its SEBI registration?
File at scores.gov.in, select Research Analyst as the intermediary type, and enter INH000008376 as the registration number.
Enter Stockifi as the firm name.
In the complaint description, name Abhijit Chokshi as the proprietor responsible for compliance and describe the specific conduct that violated the RA registration scope.
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