Quick Summary
R Haresh operates R. Haresh Research and Investment Services, a SEBI registered Research Analyst carrying INH200005656, active since February 2018 and based in Salem, Tamil Nadu. No fee, subscription period or payment term is published anywhere on the site for any of its research services. The refund policy separately states fees are non refundable once a service starts, which does not match what SEBI’s current terms require. Its complaint disclosure shows a single complaint across eight years, resolved in one day, a genuinely clean record worth crediting. The site’s own terms describe its recommendations as educational, while its marketing and YouTube presence promote them as actionable calls with specific targets.
R Haresh operates R. Haresh Research and Investment Services, a SEBI-registered Research Analyst with registration INH200005656, based in Salem, Tamil Nadu.
The registration is genuine and among the longer-standing ones reviewed on this site.
What is missing entirely is any published price.
Every service the site describes- detailed research reports, actionable recommendations with target prices and stop losses, a combined Techno-Funda approach- is presented without a fee, a subscription period, or payment terms attached to any of them.
This page works through the registration, the complete absence of pricing, the refund policy’s conflict with SEBI’s own requirement, the complaint disclosure, and the promotional language across the site’s YouTube presence.
R Haresh Review
Haresh Research and Investment Services describes its method as a Techno-Funda approach, combining technical analysis, fundamental analysis, and valuation models to produce stock research and investment recommendations.
Services listed on the site include detailed research reports, actionable stock recommendations carrying target prices and stop-loss levels, and risk-reward analysis, with the site stating that every recommendation is supported by a research note explaining its rationale.
The firm’s stated focus spans momentum trading and investing, alongside analysis of business quality, earnings visibility and valuation for longer-term positions.
The site maintains a presence across YouTube, Instagram, Facebook, LinkedIn and X, and publishes investor grievance and escalation channels including direct contact, SEBI SCORES and SmartODR.
None of this establishes wrongdoing, and nothing further on this page does either.
Where a registered analyst’s conduct does cross a line, the formal escalation route is covered in full further down this page.
Is R Haresh SEBI Registered?
Yes, and INH200005656 is confirmed independently on SEBI’s own published Research Analyst list.
| Detail | Information |
| Name | R Haresh |
| SEBI Registration Number | INH200005656 |
| Validity | 1 February 2018, Perpetual |
| Registered Address | 544 A/9 Murugan Nagar, 1st Floor, Near Church, Tadampatti, Salem, Tamil Nadu 636014 |
| Correspondence Address | Same as registered address |
| Contact Person | Haresh Rajendran |
| contact@rharesh |
What the INH Prefix Permits
The INH prefix marks a Research Analyst. It permits publishing research and issuing recommendations to a subscriber base.
It does not permit personalised advice built around an individual client’s income, goals or holdings, trade execution, or portfolio management.
A Registration Active Since 2018
A registration this long-standing is worth noting on its own.
It means this firm has operated through several full SEBI reporting cycles, which makes its complaint history, covered below, a genuinely useful record rather than a snapshot from a firm too new to have accumulated one.
Why Is There No Published Price Anywhere on the R Haresh’s Website?
This is the clearest and most unusual finding on this page.
Every service the site describes- detailed research reports, actionable recommendations with defined entry, target, and stop-loss levels, and the Techno-Funda approach generally- is presented with a full explanation of what it includes and how it works.
None of them carry a fee, subscription duration, or payment term anywhere on the page.
That is a materially different problem from an undisclosed duration on an otherwise published price, which shows up on several other firms reviewed on this site.
Here, there is no starting point at all. A prospective client reading the entire site cannot form even a rough idea of what a subscription costs before making contact directly.
This also means the ₹1,51,000 annual SEBI fee ceiling for individual and HUF clients cannot be checked against anything published.
There is no figure here to annualise or compare, which is itself the finding.
Before agreeing to anything, get the exact fee, subscription period, and payment terms in writing, and check the total against the ceiling yourself once you have real numbers to work with.
The Refund Policy Does Not Match What SEBI Actually Requires
Separately from the missing pricing, the site’s Refund and Cancellation Policy states that fees are non-refundable once a service starts.
SEBI’s current Most Important Terms and Conditions for Research Analysts entitles a client to a proportionate refund of fees for the unexpired period if an RA service is terminated prematurely, and a Research Analyst may not retain a breakage fee.
A blanket no-refund policy does not reflect that entitlement.
This does not necessarily mean a refund request would actually be refused if made.
It does mean a client relying on the published policy alone would reasonably believe no refund is possible under any circumstance, which is not the position SEBI’s own terms put them in.
If you request a refund and are told none is available, cite the proportionate refund entitlement directly rather than accepting the published policy as final.
What Does R Haresh’s Complaint Data Show?
This is genuinely the strongest part of this firm’s record, and it deserves to be stated plainly.
Monthly Complaint Data, August 2026
| Particular | Figure |
|---|---|
| Pending at Beginning | 0 |
| Received Directly from Investors | 0 |
| Received Through SEBI SCORES | 1 |
| Resolved | 1 |
| Total Pending | 0 |
| Pending Over 3 Months | 0 |
| Average Resolution Time | 1 day |
Annual Complaint Data
| Financial Year | Received | Resolved | Pending |
|---|---|---|---|
| 2025-26 | 1 | 1 | 0 |
| 2024-25 | 0 | 0 | 0 |
| 2023-24 | 0 | 0 | 0 |
| 2022-23 | 0 | 0 | 0 |
| 2021-22 | 0 | 0 | 0 |
| 2020-21 | 0 | 0 | 0 |
| 2019-20 | 0 | 0 | 0 |
One complaint across eight financial years, resolved within a single day, with nothing pending.
For a registration active since 2018, that is a genuinely clean record, and it is worth crediting directly rather than searching for a problem that is not there.
Two smaller points are worth knowing, though neither changes the substance of the record above.
The site states its complaint data is sourced from “official records” last synced on 11 September 2026, without linking the underlying record directly, which makes that specific claim harder to independently verify even though the figures themselves check out internally.
And the site’s grievance escalation matrix states an investor should wait 21 days at any level before escalating further.
That figure applies to the Research Analyst’s own resolution of a complaint; the SCORES 2.0 framework that follows carries its own separate review and escalation timelines once the analyst’s response has been filed, which the site’s summary does not distinguish.
Do the Website’s Terms Match What the Site Actually Markets?
This is worth reading closely, because two parts of the site describe the same service differently.
The site’s Terms and Conditions state that BUY, SELL, and HOLD recommendations and signals are “solely for educational purposes,” and advise users to consult a separate investment adviser before acting on them.
The rest of the site describes something different: actionable stock recommendations, defined target prices, stop-loss levels, and research reports, marketed as the core service of a SEBI-registered Research Analyst.
An “educational only” framing sits uneasily against a service actively sold as actionable trading guidance with specific price levels attached.
This kind of educational disclaimer is common practice across the sector and often exists as a defensive legal position rather than an accurate description of how the service is actually used.
It is still worth asking the firm directly which framing governs your relationship with them, since the two descriptions on the same site do not fully agree.
Claims Of Reliable Guidance And Profitable Prospects
The website describes its guidance as “reliable” and “precise” while saying its Techno-Funda methodology helps investors identify “profitable prospects.”
These statements go beyond simply describing the research methodology and use promotional language around the potential outcomes of the service.
The Facebook Page Is Inactive, But Its Cover Image Is Not
The linked Facebook page shows zero posts and no visible activity, yet its cover image still carries promotional language, including phrases along the lines of result-oriented and build wealth.
An inactive page still displaying language a registered analyst is not permitted to use is worth flagging on its own, separate from the more active YouTube presence.
What Does the R Haresh YouTube Channel Promote?
The firm’s YouTube presence uses considerably more promotional language than its formal disclosures, and it is worth reading through several examples together rather than as isolated phrases.
1. Predictive And Sensational Thumbnail Language
Video thumbnails use phrases including “Find Next Big Winning,” “Spot Explosive Stock Moves Before They Happen,” “Big Move Coming Tomorrow,” and “Early Entry.”
Language framed this way suggests an ability to anticipate significant price movements in advance, which sits well beyond what any research recommendation can actually claim to do.
2. “Secret” And “Master” Framing Around Trading Strategies
Titles including “My Secret Ichimoku Strategy,” “Professional ORB Secrets,” and “Master the ORB Strategy” present standard technical analysis methods- Ichimoku charting and opening range breakout trading- using language built for engagement rather than accurate description.
3. A Specific, Directional Index Call
One thumbnail states “NIFTY MUST BREAK 24,600 THEN ONLY 26,400 ATH,” a specific directional market view presented as public content.
As a public communication from a registered Research Analyst, a call this specific is worth reading as a formal recommendation subject to the same disclosure standards as any other, not simply as commentary.
4. Direct Promotion Of A Paid Service Through A Different Phone Number
A YouTube Short includes the line “FOR MORE DETAILS ON OUR PREMIUM CALL US” combined with a number. That number does not match the registered contact number on file.
This may simply be a separate line used for sales inquiries.
Before calling any number to discuss a paid service, confirm it connects to the registered analyst rather than assuming any number promoted on social media does.
What Does R Haresh’s Privacy Policy Say?
A few points in the privacy policy are worth knowing before you submit any contact details.
The policy permits using a submitted mobile number and email for newsletters, surveys, promotions, and information about new services, and states that clients consent to calls, SMS, and other communications even when registered on the National DND list.
Beyond that, the policy offers only broad statements about collecting information and retaining it “as long as necessary,” without specifying which categories of data are collected, the purpose behind each category, a defined retention period, or a clear process for exercising privacy rights.
Its security section states that measures are in place, but that complete security cannot be guaranteed, without describing what those measures actually are.
None of this is unusual for the sector, and it is not evidence of any specific misuse.
It is a generic policy rather than a detailed one, and it is worth reading in full before you submit any personal information through the site.
How to File a Complaint Against R Haresh?
Given the missing pricing and the refund policy question, most issues here are likely to concern clarity and terms rather than an established pattern of misconduct, and this firm’s own eight-year record supports that reading.
Start by getting the fee, subscription period, and payment terms confirmed in writing before you pay anything.
If you have already paid and want to cancel, cite the proportionate refund entitlement directly rather than accepting a blanket no-refund response.
Send your grievance to the RA’s email ID, describing what you were told, what you paid, and what you want resolved.
Keep the sent record regardless of what comes back.
If the response is not satisfactory, escalation runs through a specific set of channels, and each one exists for a different stage of the dispute rather than as alternatives to pick from.
1. SEBI SCORES
Raise the issue through the SEBI SCORES complaint portal.
It is the designated platform for lodging and tracking investor grievances.
2. SMART ODR
For unresolved matters, you can turn to SMART ODR to seek online conciliation.
This route gives both sides an opportunity to work toward a settlement.
3. Arbitration
If no settlement is reached, eligible disputes may proceed to arbitration in stock exchange proceedings.
The process can conclude with an award that is binding and enforceable.
For a complete explanation of the available remedies, read our guide on complaint against a SEBI-registered Research Analyst.
Never told what the service actually costs?
We get the fee, subscription terms, and refund entitlement confirmed in writing directly from the firm on your behalf, and put the answer on record before you commit to anything. Register with us for a free read on your situation.
Disclaimer
This page is based on R. Haresh Research and Investment Services’ own published material and the SEBI intermediary register, current as of September 2026, and alleges no wrongdoing since no SEBI order stands against the firm.
Registration details, pricing, and website content can change, so verify everything at source before acting. Treat this page as research, not legal or investment advice.
Conclusion
R Haresh holds a genuine SEBI Research Analyst registration, INH200005656, active since 2018, with a complaint record that stands out on this site: one complaint in eight years, resolved in a single day.
Where the firm falls short is transparency rather than conduct.
No price appears anywhere on the site for any service, the refund policy does not match SEBI’s proportionate refund requirement, and the terms describing recommendations as educational sit against a YouTube presence actively promoting specific, actionable calls.
Before paying anything, get the actual fee and terms in writing.
The firm’s clean complaint history is a genuine point in its favour, and it does not substitute for knowing what you are agreeing to pay.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
Yes. It is registered to R Haresh from 1 February 2018 and is perpetual, one of the longer-standing individual registrations reviewed on this site. Confirm it directly on the SEBI register rather than relying on the website alone.
No price is published anywhere on the site for any service. Get the fee, the subscription duration, and the payment terms in writing directly from the firm before agreeing to anything.
SEBI's current terms entitle you to a proportionate refund for the unexpired period, even though the site's own refund policy states fees are non-refundable once a service starts. Cite the SEBI entitlement directly if a refund is refused.
Yes. The disclosure shows one complaint across eight financial years, resolved within a single day, with nothing pending. This is one of the more consistent long-term records reviewed on this site.
Confirm first that it connects to the registered analyst. The number promoted in at least one YouTube Short does not match the registered contact number on the SEBI disclosure.
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