Parang Mehta Stockwiz : Who Is He & Can You Trust the Platform?

When searching for Parang Mehta Stockwiz, investors usually want to know two things: who exactly is this person, and can they actually trust his platform with real money?

This page answers both questions using publicly verifiable information, who Parang Mehta is, what role he plays across the Stockwiz entities, what SEBI registration means for investors, what real users report, and exactly what to do if something has gone wrong.

Who Is Parang Mehta?

Parang Mehta is the Founder, Chairman, and CEO of Stockwiz Technologies LLP, headquartered in Jodhpur, Rajasthan.

Academic and professional background:

• Bachelor’s and Master’s degree in Finance from Jindal Global Business School, specialising in financial modelling, corporate finance, and market mechanics
• Chartered Financial Analyst (CFA) Level III Candidate
• Certified Financial Modeling & Valuation Analyst (FMVA)
• Active NISM certifications required to manage public research under SEBI regulations
• Approximately a decade of equity and derivatives trading experience

His publicly stated analytical approach focuses on order flow, sector rotation, and “techno-funda” analysis — a combination of technical and fundamental methods.

Parang Mehta’s Role as Compliance Officer

Under SEBI regulations, registered entities must designate a named individual as the Compliance Officer and Grievance Redressal Officer, the person personally accountable for regulatory compliance and investor complaint escalation.

Within Stockwiz, Parang Mehta holds this role formally across the firm’s three entities:

• Stockwiz Technologies LLP: the SEBI-registered Research Analyst arm (INH000013925, granted December 4, 2023)
• Stockwiz Academy / StrykeX: the mobile application and algorithmic trading interface published on iOS and Android
• Stockwiz Wealth and Advisory Private Limited: the broader corporate umbrella

What this means for investors practically:

Because Parang Mehta is the named compliance signee across all three entities, any formal regulatory complaint, whether about the app, the research service, or the advisory arm, is directed to him personally.

There is no separate entity to redirect grievances to, and no ambiguity about who is accountable.

This is relevant context if you ever need to escalate a complaint. It simplifies the process because there is one clear point of regulatory accountability rather than multiple companies pointing at each other.

It also means that if Stockwiz violates SEBI regulations, Parang Mehta’s personal credentials, his CFA candidacy, and NISM certifications are at risk alongside the firm’s registration. This creates a direct personal stake in maintaining compliance.

Stockwiz Technologies LLP

Stockwiz is a SEBI-registered Research Analyst platform that combines stock market education, equity research, and algorithmic trading tools into a single ecosystem.

Registration details:

• SEBI Registration Number: INH000013925
• Registration Date: December 4, 2023
• Category: Research Analyst under SEBI (Research Analysts) Regulations, 2014
• Compliance Officer: Parang Mehta

As a Research Analyst, Stockwiz can publish general research reports with buy, sell, or hold recommendations.

It can provide educational content about markets and trading. It can deliver research-based signals with defined parameters.

Although Stockwiz holds a valid SEBI registration, and Parang Mehta has verifiable credentials, registration and credentials alone do not answer whether Stockwiz is safe to pay for.

Here is what the publicly available evidence actually shows.

What Real Users Report

Three consistent patterns emerge across verified Stockwiz reviews from multiple platforms:

• Refund promises made during sales calls were not honoured. Multiple subscribers report being explicitly assured of a refund if they were unsatisfied — and then being completely ghosted when they asked for one. This is not an isolated complaint. It appears across independent reviews from different users over different time periods.
• Incentivised ratings pattern. At least one verified reviewer explicitly flagged that five-star ratings appear to be incentivised, meaning the positive review volume may not accurately reflect the actual distribution of subscriber experience. The same reviewer described the firm as a “fraud team that only cares about making money.”
• Communication drops after payment. The decline in responsiveness and support quality after payment is complete is the most consistent pattern across negative reviews. Users report that the platform engagement that characterised the pre-sale period disappears once the subscription fee is received.

Stockwiz Reviews

User reviews can be subjective. Complaint data from Stockwiz’s own SEBI disclosure is not.

Stockwiz’s publicly available grievance disclosure shows:

• Zero complaints in the firm’s initial years of operation
• A sharp rise to 23 complaints in FY 2024-25
• 7 complaints are still pending and unresolved at the time of the latest disclosure

An upward complaint trajectory from zero to twenty-three in three years,  combined with 7 unresolved cases and a consistent pattern of refund-related grievances,  is a documented pattern that goes beyond isolated dissatisfaction.

For a SEBI-registered research analyst firm charging premium subscription fees, 7 unresolved complaints is a specific red flag. Resolution rate matters as much as complaint volume, and pending cases indicate the firm is not resolving all grievances it receives.

What Investors Must Check Before Paying?

1. Get the refund policy in writing before transferring any amount. Verbal assurances during sales calls that “you can get a refund if you’re not happy” carry no binding value. Ask for the refund policy over email and wait for a written response before paying. If they decline to confirm it in writing, that is your answer.
2. Confirm exactly how recommendations are delivered. A SEBI-registered Research Analyst must deliver services through formal research reports. If what you are receiving is primarily Telegram alerts or WhatsApp messages with real-time trade calls, that service delivery method may fall outside the permitted scope of their SEBI registration — regardless of how it is marketed.
3. Verify the registration independently. Go to sebi.gov.in and search INH000013925. Confirm the registration is active, confirm Parang Mehta is the named officer, and check for any regulatory orders against the entity.
4. Ask about complaint resolution. Before paying, ask the sales representative: “How many complaints has Stockwiz received in the last year and how many are resolved?” The answer, or the refusal to answer, tells you something important.

Step 3: File a Complaint in SMART ODR

Where appropriate, investors may use SMART ODR (Online Dispute Resolution).

This framework is designed to facilitate structured dispute resolution within the securities market ecosystem.

Step 4: Arbitration in Stock Market

Depending on the circumstances, investors may also explore arbitration and other available remedies.

The appropriate route depends on the specific facts involved.

Need Help?

Not sure whether Stockwiz is the right fit for your trading goals?

Many investors begin researching complaint procedures only after a disagreement has already escalated.

Unfortunately, by then, valuable records may be missing and important facts may be difficult to establish.

Register with us.

Our team can help you organise documentation, understand the complaint process, and evaluate the next steps available based on your circumstances.

The earlier you act, the easier it often becomes to preserve evidence and assess the available remedies.

Conclusion

Parang Mehta leads the Stockwiz ecosystem, which combines stock market education, research services, and algorithmic trading solutions.

Publicly available information indicates that Stockwiz Technologies LLP holds SEBI Research Analyst Registration Number INH000013925, granted on December 4, 2023.

Stockwiz offers educational resources, research support, and strategy-based trading tools, including algorithmic trading solutions.

However, investors should remember that SEBI registration does not guarantee profits, eliminate risk, or ensure that a service is suitable for every individual.

Before joining any platform, investors should independently verify registration details, review service agreements, understand the risks involved, and ensure the offering aligns with their financial objectives.

Frequently Asked Questions

1. Who is Parang Mehta, and what is his role at Stockwiz?

Parang Mehta is the Founder, Chairman, and CEO of Stockwiz Technologies LLP. He also serves as the designated Compliance Officer and Grievance Redressal Officer across all three Stockwiz entities, meaning he is personally accountable for regulatory compliance and investor complaint resolution under SEBI regulations.

2. Is Stockwiz SEBI registered?

Yes. Stockwiz Technologies LLP holds SEBI Research Analyst registration number INH000013925, granted on December 4, 2023. The registration covers research and advisory services under the SEBI (Research Analysts) Regulations, 2014.

3. What is the difference between Stockwiz and StrykeX?

Stockwiz is the umbrella platform offering trading education, live market sessions, research reports, and advisory services, including the Super Trader VIP Membership. StrykeX is Stockwiz’s AI-powered algorithmic trading engine, the execution and analytics layer built into the Stockwiz ecosystem. Both are operated by Stockwiz Technologies LLP under the same SEBI registration.

4. Is Stockwiz safe to invest in?

Stockwiz holds a valid SEBI registration, but registration alone does not determine safety. Their own disclosed complaint data shows 23 complaints in FY 2024-25, with 7 still unresolved. Verified user reviews consistently report refund promises not honoured and communication dropping after payment. Before subscribing, get the refund policy in writing and confirm exactly how recommendations are delivered.

5. How many complaints has Stockwiz received?

According to Stockwiz’s own SEBI-mandated grievance disclosure, the firm received 23 complaints in FY 2024-25, up from zero in earlier years. Of these, 7 remain pending and unresolved as of the latest disclosure. This upward complaint trend is a documented concern for prospective subscribers.

6. Can I get a refund from Stockwiz if the service doesn’t match what was promised?

Yes, in many cases. If Stockwiz made verbal refund promises during the sales call, delivered services outside the permitted scope of their SEBI RA registration, or used guaranteed return language to induce payment, you may have grounds for a refund through SEBI SCORES or SMART ODR. A no-refund clause in a service agreement cannot override SEBI regulatory obligations. Proper documentation of all communications is essential to building a strong case.

7. How do I file a complaint against Parang Mehta or Stockwiz?

Start by writing a formal email to Parang Mehta in his capacity as Compliance Officer, state the payment amount, what was promised, what was delivered, and the resolution you are seeking. If unresolved within 30 days, file on SEBI SCORES at scores.gov.in selecting “Research Analyst” and entering registration number INH000013925. Escalate to SMART ODR and then exchange arbitration if needed. File within 3 years of the incident.

8. Is there a time limit to file a complaint against Stockwiz?

File within 3 years of the incident. However, acting early is significantly better — communication records get deleted, sales representatives change, and the evidence trail weakens over time. If you are unsure whether your situation qualifies as a complaint, a free consultation can help you assess your options before the window closes.