Quick Summary
K P Research Analysis Services is a proprietorship that holds SEBI research analyst registration INH000017286, valid from 3 July 2024. Its disclosure shows four complaints, all resolved, between October 2024 and June 2026, three of them in the last three months reported. The combined plan page shows ₹53,545 for one month and another business name. We found no SEBI order against the firm as of 14 October 2026, which is not a clean certificate.
A friendly Telegram channel that posts free stock ideas every day can feel like a fair way to test an analyst. Before you pay K P Research Analysis Services for a premium plan, it helps to see what the regulator’s listing and the firm’s own pages actually show.
This blog goes through the registration, the complaint tables, the price list and the promotional wording.
Use it as a set of questions to put to the firm in writing before any money moves.
What Is K P Research Analysis Services?
K P Research Analysis Services is a proprietorship that sells research and market analysis to investors and traders.
The website presents it as led by Pramod Patil, who is described as a trader, investor and trading mentor.
Its pages cover equity, futures and options, commodities, technical and fundamental analysis and price action.
The stated aim is to help you understand how markets behave so you can decide for yourself.
The website says Pramod Patil holds an M.Sc. degree and has share market experience, including work as a research analyst with a SEBI registered company.
These are the firm’s own statements, and we could not verify them.
How The Paid Service Reaches You
Paid plans cover equity, commodity and a combined package.
After you pay, the website says you receive a subscription code and a Telegram link to join the service.
So the whole service lives in a messaging app.
Ask how reports and recommendations are stored, how you can download them later and what happens to your access if you leave the group.
What the Free Channel Offers
The free Telegram offering includes daily market analysis, trading levels, learning videos, demo trades and several recommendations.
The website says you can receive three to five free recommendations a day.
A free channel is a useful way to judge style before you pay.
Watch whether each call comes with a reason, a stop loss and a plain statement of risk.
Education and the Stated Approach
The firm also points to YouTube videos and market learning content, and to a presence on Graphy for its premium call service.
It says its reports explain the reasoning behind a recommendation and do not give calls alone.
That is a promise you can check on day one.
Ask to see a sample report, with client details removed, that shows the reasoning behind one call.
Is K P Research Analysis Services SEBI Registered?
SEBI’s public listing, as reflected in our research, shows the firm as a registered research analyst. The points below come from that listing, and you should confirm them yourself before relying on this page.
- Registration number is INH000017286. The INH prefix marks a research analyst, unlike INA for an investment adviser or INP for a portfolio manager.
- Registered name is Patil Pramod Anil, Proprietor, K P Research Analysis Services. Make sure the name on any payment page matches it.
- Validity runs from 3 July 2024 and is listed as perpetual. The registration is therefore a little over two years old as of October 2026.
- Contact person is Pramod Patil, with an email address on a free mail service. We saw no postal address or telephone number in the listing details we reviewed.
You can run the check yourself in a few minutes.
A SEBI research analyst registration number verify online lets you enter INH000017286 and compare the name, category and validity with what is described here.
A SEBI registered company search or a SEBI registered list on the regulator’s own pages does the same job.
Do it before you pay, because a Telegram link is not proof of registration.
Registration shows that the person is permitted to give research.
It does not tell you how good the research is, and it does not make a promise about results.
What Does K P Research Analysis Services Complaints Data Tell Investors?
Complaint tables show how many grievances reached the firm and what became of them.
The firm publishes three views, and each is read below with the numbers added up again.
The first is the status table, which splits complaints by source.
Read the columns as pending at the start, received, resolved, pending now, pending over three months and average resolution time.
|
Received from |
Pending at start | Received | Resolved | Total pending | Over 3 months | Average time |
|
Directly from investors |
0 | 0 | 0 | 0 | 0 | 0 |
|
SEBI SCORES |
0 | 4 | 4 | 0 | 0 |
7 days |
| Other sources | 0 | 0 | 0 | 0 | 0 |
0 |
| Grand total as reported | 0 | 0 | 0 | 0 | 0 |
0 |
The source rows add up to four received and four resolved.
The grand total row shows zero in every column, so it does not match its own parts.
The second view is the monthly trend. It runs from October 2024 to June 2026, which is 21 months.
|
Period |
Carried forward | Received | Resolved | Pending |
|
October 2024 |
0 | 1 | 1 | 0 |
|
November 2024 to March 2026 (seventeen months) |
0 | 0 | 0 | 0 |
|
April 2026 |
0 | 1 | 1 |
0 |
| May 2026 | 0 | 0 | 0 |
0 |
| June 2026 | 0 | 2 | 2 |
0 |
| Total across 21 months | 0 | 4 | 4 |
0 |
One in October 2024, one in April 2026 and two in June 2026 make four. That matches the SCORES row above.
The June row alone shows two, so the figure of four in the status table looks like a running total and not a single month.
The website does not say, so it is a fair question for the firm.
The third view is the annual table. It shows zero for FY 2023 24, one for FY 2024 25 and zero for FY 2025 26, all resolved.
The annual table has no row for FY 2026 27, yet three of the four complaints fall in April and June 2026.
So the annual view stops before the period with the most activity.
How To Read Four Complaints?
Four complaints in 21 months is a small count, and a count alone does not show quality.
The disclosure does not say how many subscribers the firm serves, so you cannot weigh it against size.
All four came through the regulator’s system, and none was reported directly to the firm.
All were closed, and the stated average time to resolve was seven days.
Three of the four arrived between April and June 2026.
That cluster is worth a question, such as whether they shared a cause and what the firm changed afterwards.
The tables do not describe what the complaints were about or how they ended.
A resolved complaint cannot establish misconduct, and a small number cannot establish a clean record.
How Current The Data Is
The latest data on the website is dated 30 June 2026.
SEBI expects research analysts to update complaint data by the 7th of each month, so newer months should have appeared by now.
The firm may have updated its pages since our review.
Check the current figures before you rely on these.
If a complaint of your own ever stays unresolved, our guide on a SEBI complaint against research analyst shows how such cases usually run, and it helps to know the path before you pay.
A search of SEBI’s public records and news found no SEBI order against the firm as of 14 October 2026.
That is not a clean certificate, since orders can appear later and our search was limited.
K P Research Analysis Services Fees and Pricing
This firm publishes a price list, which makes comparison easier.
The research found seven plan lines, and the table shows what each one costs.
Read the last column as a rough monthly figure so you can compare plans of different lengths.
|
Plan |
What it covers | Duration | Price | About per month |
|
Equity |
Equity calls, intraday strategies, swing trades | 1 month | ₹3,500 | ₹3,500 |
|
Equity |
Same research | 3 months | ₹9,000 | ₹3,000 |
|
Commodity |
Commodity calls and intraday strategies | 1 month | ₹5,000 |
₹5,000 |
| Commodity | Same research | 3 months | ₹12,000 |
₹4,000 |
| Combined | Stock and index derivatives, daily reports | 6 months | ₹21,000 |
₹3,500 |
| Combined | Same research | 12 months | ₹35,000 |
about ₹2,917 |
|
Combined |
Duration shown as 1 month | 1 month | ₹53,545 |
₹53,545 |
The first six lines are clear. The last line is not, and it is the one to question before you pay.
The ₹53,545 Plan And The Other Business Name
The combined plan page shows ₹53,545 for one month, next to a second amount of ₹453, and does not say what either figure means.
If ₹53,545 were charged every month, a year would cost ₹6,42,540.
SEBI limits what a research analyst may charge. The cap is ₹1,51,000 per client per family per year.
That does not mean the firm charges ₹53,545 a month.
The duration looks like a display slip, so ask the firm what the amount covers and for how long.
The description of that plan also refers to a different business name, which suggests text carried over from another page.
Ask the firm to confirm that the plan terms on its own page are the ones that apply to you.
Staying Inside The Cap
Plans on this page are well below the cap on their own.
A client who took the equity and commodity plans month by month would pay ₹8,500 a month, or ₹1,02,000 over a year.
The cap counts all research fees paid by your family in a year. Keep a running total if you buy more than one plan.
Items To Collect In Writing
Put these four requests to the firm by email before any payment.
- The exact amount for the plan you want, with GST shown separately.
- The start and end dates of the plan.
- What happens if you leave early, including any refund.
- The account name that receives the money, which should match the registered name.
If a payment disagreement stays open after the firm has replied, the SMART ODR portal lets a neutral conciliator look at the papers with you, so keep the receipt and the replies together.
Do K P Research Analysis Services’ Promotional Claims and Telegram Delivery Raise Questions?
SEBI’s rules cover how a research analyst advertises, and they expect fair and balanced messages.
The website carries several statements that a careful reader may want to weigh.
None of these is a finding of a rule breach. They are places where the wording may leave a different impression from the one intended.
1. Passive Income
The website describes the share market as an easy and best way to build passive income.
Market returns are not steady or easy, and income from trading can turn into a loss.
Ask the firm to confirm in writing that it does not promise any income or level of profit.
2. Low Risk and High Return
Under its customised solutions, the firm refers to the best return on capital with low risk and high return.
Low risk and high return rarely sit together, and SEBI does not allow assured or risk free claims.
If you hear this in a call or a Telegram post, ask for the research behind it and the loss limit of a typical call.
3. Pay First, Details Later
The website tells customers to pay and then receive a subscription code and a Telegram link.
It says little about how research is delivered beyond the channel.
Ask how you can see the plan terms and a sample report before payment, and keep the reply.
4. Social Media Icons
The website shows social media icons, but they do not appear to lead to working profiles.
That makes it harder to see how the firm talks to the public over time.
Ask the firm for its working channel links, and check them against the registration name.
Also Read: Rishi Money promotes a 40% return in three weeks, while Telegram profit screenshots do not show the full record of winning and losing trades.
Reviews of K P Research Analysis Services
Our research for this blog did not include client reviews of the firm.
We have not described any, and a missing review should not be read as a good or bad sign.
For outside views, look at dated reviews on more than one platform. Notice how the firm answers criticism as well as praise.
Paid for a Telegram plan and not getting what was promised?
Our team reviews your payment proof and the plan terms, drafts a written grievance to the analyst, and takes it to the right SEBI channel if the reply falls short. Register with us for a free consultation.
Questions to Ask K P Research Analysis Services Before Subscribing To Them
Each gap above turns into a question you can email the firm. Wait for the written answers before you pay.
1. What exactly does the ₹53,545 plan include?
Ask for the duration, the amount and the meaning of the second figure. Ask also why another business name appears in the description.
2. Do free calls follow the same rules?
Ask whether the free recommendations carry the same reasoning, risk wording and stop loss as paid ones. Free does not remove the need for a rationale.
3. What are the latest complaint figures?
Ask for the figures after June 2026, and why the grand total row shows zero when the rows above it add up to four.
4. How will I get my research?
Ask how reports reach you, how long you keep access and whether you can download past reports.
5. How are disputes settled?
Ask whether the terms send disputes to arbitration. Reading up on arbitration in share market cases first helps you judge what such a clause would mean for you.
How To Contact K P Research Analysis Services and Escalate a Grievance?
The SEBI listing shows an email address for the contact person. Use email, and keep every reply even if you also use Telegram.
State your name, subscription code or payment reference, the issue and the outcome you want within a reasonable time.
A written grievance with dates is stronger than a chat message.
Allow the firm a fair time to answer before you escalate.
SEBI expects intermediaries to handle complaints properly, and dated emails show you followed the right order.
If the firm stays silent or its answer settles nothing, SEBI’s online system is the usual next step.
Our page on the SCORES SEBI complaint route lists what to attach and how a case moves once it is filed.
Save a copy of every reply you receive on that system. You may need them if the matter goes further.
Disclaimer
This blog is based on the firm’s published disclosures and publicly available SEBI records as of 14 October 2026. It does not allege wrongdoing, and the firm is welcome to share its side. We could not independently confirm the proprietor’s qualifications and experience, the meaning of the combined plan amounts, the reasons behind the reported complaints, or the content of any agreement beyond what the research showed.
Conclusion
K P Research Analysis Services holds a SEBI research analyst registration, and the four complaints it reports are shown as resolved.
The harder part is the unexplained plan and the data gaps, so your next step is to ask for them.
Before you pay, request the exact price, the plan dates, a sample report and the latest complaint figures.
Ask about the ₹53,545 line and the other business name, and keep every answer in writing.
Check the registration yourself and match the payment account to the registered name.
Read the passive income and low risk wording as marketing and not as research.
If a dispute arises later, write to the firm first and then use the escalation routes in order. Keep receipts, messages and screenshots together.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
The SEBI listing shows it as a research analyst under registration INH000017286, valid from 3 July 2024 and listed as perpetual. Confirm the details on SEBI's website and match the name on any payment page before you pay.
The monthly trend shows four complaints between October 2024 and June 2026, all resolved, with none pending. One came in October 2024, one in April 2026 and two in June 2026.
Plans range from ₹3,500 for one month of equity research to ₹35,000 for a year of the combined plan. One combined plan shows ₹53,545 for one month, which the firm should explain.
The website says you pay, receive a subscription code and join a Telegram group or channel. Ask how reports are stored and how long your access lasts.
Email the contact person in the SEBI listing and keep every reply. If the answer falls short, escalate to the regulator in writing and keep your receipts and screenshots together.
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