Many investors look for research-backed advice before making decisions about the market. As they search online, platforms like Research Mart often come up with their findings. These platforms typically position themselves as offering market analysis and useful insights for trading. To a regular investor, such services might seem helpful at first.
However, it’s important to understand can we trust SEBI-registered Research Analyst, as these platforms present themselves before getting involved further.
At the same time, investors need to be careful while using these research platforms.
Not all services operate the same way or follow similar processes. Being clear about what information is available, how it’s shared, and being aware of any regulations are crucial.
That’s why investors should take a moment to carefully review the details. This helps them make smarter and more responsible choices with their money.
Research Mart Review
Research Mart is a SEBI-registered research analyst firm operating under the legal name Research Mart Services Private Limited. It holds a SEBI Research Analyst registration number INH000009694 and is classified as a non-individual research analyst, indicating that its services are provided through a corporate structure rather than by an individual advisor.
Headquartered in Navi Mumbai, Research Mart offers market research and analytical services across equities, commodities, currencies, and indices. The firm caters to both retail investors and high-net-worth individuals, with a stated focus on technology-driven research, data analytics, and technical analysis to identify potential market opportunities.
Research Mart positions itself as an organization that emphasizes regulatory compliance, ethical practices, and risk awareness. Its research output typically includes clearly defined entry levels, target prices, and stop-loss points, particularly for intraday and short-term trading strategies. These insights are delivered through the Research Mart mobile application as well as detailed research reports.
The platform is owned and operated by Research Mart Services Private Limited and is led by Prakhar Bagora, Chief Executive Officer, along with Garima Ostwal, who serves as one of the company’s directors. Together, they oversee the firm’s research operations and strategic direction.
In terms of digital presence, Research Mart maintains activity across multiple online platforms. It uses Instagram to share trading ideas, market observations, and strategy-related content, while LinkedIn is used to present its research and advisory services to a professional audience. The firm also maintains profiles on Twitter and Facebook to engage with a broader investor community.
While this overview outlines Research Mart’s structure, services, and stated approach to market research, the following section highlights a registered complaint that raises concerns about certain practices during client engagement. Examining this complaint helps provide a more complete and balanced understanding of how the firm’s services have been experienced in practice.
Complaint Against Research Mart
The investor’s experience began with an unexpected cold call from a man identifying himself as Mr. Sohail, who claimed to represent Research Mart. During the call, he stated that the firm was registered with SEBI and presented himself as someone offering “expert-level” trading strategies that could deliver guaranteed profits.
To build confidence, Mr. Sohail shared a demo trade showing a profit of around ₹6,000 and asked the investor to pay an initial registration fee of ₹5,000 to get started. Trusting these assurances, the investor agreed.
Soon after, the investor was introduced to Mr. Patil, described as a senior analyst. Mr. Patil proposed a structured six-month investment project, priced at ₹2,40,000 plus GST, and reinforced the promise of high and consistent returns. The investor was told that payments could be made in parts, making the offer appear more accessible.
Most of these discussions, including payment confirmations, fee explanations, and return-related assurances, took place over WhatsApp, rather than through formal or recorded communication channels.
After the investor made the first payment, the firm requested an additional ₹90,000, citing a “March strategy report–based trading model” and supposed s
Takeaway For Investors:
Can a Research Analyst share profit in India? Investors need to know that an SEBI registration does not come with any assurance of profits. Hence, they should stay away from services that claim to guarantee profits or recover losses. Before making a payment, make sure there are written contracts, clear information, and proper invoices.
If someone is pushing you to act quickly or under pressure, take a step back and check things independently.
Being careful and well-informed can help avoid serious financial problems.
What You Can Do in Such Case?
When investors encounter problems like false information, unproven promises, or unclear ways a company operates, it’s important to report these issues on time.
Rather than panicking, following a clear process for filing a complaint helps protect their rights and supports the authorities who regulate the market.
In India, SEBI and other official platforms provide ways for investors to voice their concerns, share proof, and get solutions through established channels.
Understanding the right steps can help investors stay calm and handle the situation properly.
Steps to report:
- Collect evidence: Gather things like call logs, WhatsApp messages, payment receipts, bank statements, emails, and screenshots.
- Lodge a Complaint in SCORES: Submit a complaint through the SCORES portal with all necessary details.
- File a Complaint the Stock Exchange: File a complaint on BSE or NSE, if your trades were made through their investor grievance system.
Need Help?
We know how worrying it can be when communication stops right after you’ve made a payment.
At that moment, it’s easy to feel confused, stressed, and unsure of yourself. Many people in similar situations don’t know what went wrong or who they can turn to for help.
It can be really lonely when you try to get answers but don’t get any response. Your feelings in those moments are real and make sense.
Reach out to us, we’re here to help you every step of the way through the reporting process.
Our team can help you gather documents, write a clear complaint, and submit it through the right channels.
We’ll support you from the first time you send something until you get a response or need to take it further.
You don’t have to go through this alone. We’ll be with you until the process is complete.
Conclusion
Research Mart, like any market service, shows how important it is to carefully check things before getting involved.
Investors should look into official registration info, what services are offered, and how communication works before sending any money.
Having clear documents, honest information, and trusted ways to connect is important at every step. Being careful helps avoid confusion and sets realistic expectations.
Investor safety comes from being aware and making smart choices.
Checking claims, not falling for promises of guaranteed profits, and keeping records of all conversations lowers the risk.
If there are problems, reporting them through proper channels helps authorities take action and protects others.
Staying alert, asking questions, and taking time before spending money are key habits for staying financially healthy in the long run.
