You see Stockwiz everywhere: Instagram reels, YouTube live sessions, and claims of institutional-grade trading for retail investors. Before subscribing, the first question most investors ask is simple: Is Stockwiz SEBI registered?
And the second, more important question: does that registration mean it is safe to subscribe? This blog gives a direct, evidence-based answer to both.
What is Stockwiz?
Stockwiz is a Jodhpur-based stock market advisory and education platform founded in 2020 by Parang Mehta.
Operating under the legal entity Stockwiz Technologies LLP, it offers paid memberships that include live trading sessions, equity and F&O research calls, AI-powered trading tools, and a trading community of 30,000+ members.
The platform runs across a website, mobile apps, and a Chrome extension called StrykeX.
Stockwiz SEBI Registration Details
Stockwiz Technologies LLP holds a SEBI Research Analyst registration number INH000013925, granted on December 4, 2023.
The compliance and grievance officer is Parang Mehta (Founder and Chairman), based in Jodhpur, Rajasthan.
Stockwiz operates through multiple legal entities. Only Stockwiz Technologies LLP holds the SEBI RA registration.
However, their own Terms and Conditions disclose that Stockwiz Wealth & Advisory Private Limited and Stockwiz Fintech Private Limited are separate entities operating under the same Stockwiz brand and neither holds a SEBI registration.
However, this structure can confuse investors and expose them to unregulated services, so you may not receive full regulatory protection across all interactions.
So when you ask “Is Stockwiz SEBI Registered?”, remember that you interact with a brand that partly sits inside a regulated entity and partly does not.
Is Stockwiz Legit?
SEBI registration confirms that a Research Analyst is authorized to provide research-based stock market insights under regulatory guidelines.
However, it does not validate the accuracy of calls, returns shown in marketing, or any implied profit expectations shared with users. This analysis examines both sides:
1. SEBI Registration Number Is Displayed Across All Channels
Stockwiz displays the registration number INH000013925 on its website, the disclosure page, the YouTube channel description, the App Store listing, and the Chrome Web Store.
This meets SEBI’s April 2023 requirement for prominent disclosure, which many RAs violate.
2. SEBI Compliance & Transparency Disclosures
StockWiz displays SEBI Scores complaint status, showing investor grievance registration and resolution data. It also provides access to the Investor Charter outlining client rights and responsibilities.
Additionally, the platform shares SEBI audit report disclosures to maintain regulatory transparency.
3. Implied Return Claims in Testimonials
When a platform highlights testimonials stating “consistent 12–15% monthly returns,” it creates an implied expectation of assured performance.
Even if framed as user opinion, investors can interpret such content on official websites as a marketing claim rather than a genuine review.
Under SEBI norms, any communication that influences investors to expect consistent returns can be treated as a misleading representation.
4. “85%+ Industry-Leading Accuracy” Unverified in App Store Marketing
The App Store listing for Stryke by Stockwiz states: “Our equity trade ideas have an industry leading accuracy of 85%+.”
Stockwiz promotes this accuracy claim in public marketing without PaRRVA verification.
SEBI’s Advertisement Code explicitly bans accuracy percentage claims without independent audit.
By displaying this figure on the App Store, Stockwiz places it squarely within the scope of the Advertisement Code prohibition.
Stockwiz Reviews
Before forming an opinion about any platform, it’s important to consider what real users are saying across multiple sources. Reviews often uncover details that marketing or promotional content leaves out.
Some users report that the platform fails to deliver on its promises. For example, one user mentioned being assured of a refund at the time of purchasing a membership, but claims they have been waiting for months without receiving it.
Others have gone further, describing the team as focused primarily on making money rather than supporting customers.
A similar pattern appears in multiple reviews: users say they were told they could get a refund if unsatisfied with the course, but when they requested one, communication stopped altogether.
There are also claims suggesting that the five-star ratings may be influenced or sponsored to build trust and attract more customers.
It’s normal for any platform to have a mix of positive and negative feedback. What truly matters is whether the negative experiences are isolated incidents or reflect a consistent pattern.
When multiple users point out similar issues, it becomes something that warrants closer scrutiny.
SEBI Guidelines For RA In India
To verify whether a Research Analyst (RA) is SEBI registered, you should always cross-check using official SEBI sources before subscribing or investing.
- Check SEBI Intermediary Search on the SEBI website using the registration number (e.g., INH… format)
- Verify details on SEBI SCORES or the investor charter disclosure page of the entity
| What RA is Allowed to Do | What RA is Not Allowed to Do |
| Provide research reports and stock market analysis | Guarantee profits or assured returns |
| Offer buy/sell/hold recommendations based on research | Mislead investors with false performance claims |
| Educate investors about market trends and strategies | Act as an unregistered investment advisor |
| Charge subscription fees for research services | Use misleading advertisements like “risk-free” or “guaranteed accuracy” |
SEBI-registered Research Analysts must operate strictly within the research framework and cannot promise outcomes or fixed returns.
All communication, including ads and testimonials, must not create unrealistic profit expectations.
Investors should always verify registration independently instead of relying on marketing claims or social media promotions.
What To Do In Such Cases?
If you subscribed to Stockwiz and experienced losses following their calls, felt the service did not deliver what was promised, or were influenced by the return or accuracy claims in their marketing, here is how to act.
Step 1: File a Formal Complaint With Stockwiz
First, contact the grievance officer Parang Mehta directly through email and registered post.
Clearly document what the marketing promised, what you actually received, and the financial loss or service gap you faced.
This written complaint immediately triggers the official resolution timeline and creates an auditable record of your grievance.
Step 2: Register Complaint in SCORES
Next, verify “Is Stockwiz Sebi Registered?”, Stockwiz Technologies LLP holds SEBI RA registration INH000013925, so SEBI has direct jurisdiction.
Then, file your complaint on SEBI SCORES and upload all supporting evidence, including screenshots of misleading marketing claims.
Additionally, highlight any unverified return or accuracy claims, since SEBI’s Advertisement Code treats them as independently reportable violations.
Step 3: File a Complaint in SMART ODR
If SEBI SCORES does not resolve your issue, immediately move your case to Smart ODR, SEBI’s Online Dispute Resolution platform.
Register your dispute, upload complete documentation, and formally request a conciliation hearing for faster resolution.
This step strengthens your case by bringing a structured mediation process under SEBI’s digital dispute framework.
Step 4: Escalate Stock Market Arbitration
Finally, escalate to arbitration under SEBI’s dispute resolution mechanism if SCORES and ODR fail to resolve the matter.
Submit your case through the Smart ODR system, where an independent arbitrator reviews all evidence in detail.
This process delivers a binding decision and ensures formal adjudication of your investor grievance.
Need Help?
If you subscribed to Stockwiz based on marketing claims like “85%+ accuracy” and faced financial losses, we can help you.
We assist affected investors by evaluating the case, identifying potential regulatory violations, and structuring evidence in a legally relevant format.
Our support includes drafting formal complaints, guiding SCORES and Smart ODR filings, and assisting through conciliation or arbitration to ensure proper representation of your grievance.
For assistance with your case, register with us, and we will guide you through the appropriate regulatory steps.
Conclusion
To clearly answer “Is Stockwiz SEBI Registered?”, yes, Stockwiz holds registration number INH000013925, which is real, verifiable, and prominently disclosed.
The founder is named, the fee cap is declared, and the no-assurance disclaimer is legally correct. These are genuine positives compared to many peers in this space.
At the same time, the “12–15% monthly returns” promise on their community page and the “85%+ accuracy” claim in app store marketing are unverified figures that violate SEBI’s Advertisement Code.
SEBI registration confirms the regulatory bar has been cleared. It does not validate marketing claims. Those two things are very different and knowing the difference is what protects you before you subscribe.
