Quick Summary
Rohit Gholap operates Beststockadvisor, a SEBI-registered Research Analyst carrying INH000008455, active since May 2021 and based in Pune, Maharashtra. His Terms and Conditions repeatedly refer to a different brand, NiftyPrime, throughout the document, despite the site being Beststockadvisor. The same terms state that all payments are strictly non-refundable regardless of outcome, and no pricing is published anywhere on the site. The current complaint status table reports a 30-day average resolution time for direct investor complaints while simultaneously showing zero complaints received or resolved, a figure that cannot be calculated from the numbers next to it. Annual complaint volume also rose sharply from 22 to 61 complaints in a single year before falling again.
Rohit Gholap operates Beststockadvisor, carrying registration INH000008455, based in Pune, Maharashtra.
The registration is genuine. The site’s own Terms and Conditions are not, at least not, written for this site specifically.
They refer throughout to NiftyPrime, a different brand entirely, suggesting the document was copied from elsewhere and never properly updated.
This page works through the registration, that specific finding, the pricing transparency gap, the complaint disclosure, and a figure inside it that cannot be reconciled with the numbers around it, and the privacy terms worth a second look.
Rohit Gholap Review
Beststockadvisor describes itself as an investment research platform offering market insights, trading ideas, and research-based guidance to Indian traders and investors, with trading call services focused on intraday and short-term opportunities across cash and derivatives markets.
The site states its recommendations are delivered through WhatsApp or email, positioned for both active traders and long-term investors, and describes its approach as transparent, disciplined, and research-driven, focused entirely on the Indian market.
The homepage displays “100+ Verified Reviews” and “710+ New Accounts” as indicators of its client base, without linking to the underlying reviews or explaining how either figure was compiled. No active social media profiles are visibly linked anywhere on the site.
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 Rohit Gholap SEBI Registered?
Yes, and INH000008455 is confirmed directly on the firm’s own site as well as independently on SEBI’s own published Research Analyst list.
| Detail | Information |
|---|---|
| Name | Rohit Gholap |
| SEBI Registration Number | INH000008455 |
| Validity | 27 May 2021, Perpetual |
| Address | Flat No. 5, 759/66 Datta Apt., Prabhat Road, Opp. Deccan Police Station, Pune, Maharashtra 411004 |
| Correspondence Address | Same as registered address |
| Contact Person | Rohit Gholap |
| Email Name | metarohit |
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.
Why Do Beststockadvisor’s Own Terms and Conditions Name a Different Website?
This is the clearest and most unusual finding on this page.
The Terms and Conditions published on Beststockadvisor refer throughout the document to “NiftyPrime,” a different brand name entirely.
The site itself operates under the Beststockadvisor name, confirmed directly on its own registration disclosure, yet the legal document meant to govern a subscriber’s relationship with this specific firm reads as though it was written for a different one.
This strongly suggests the document was copied from another site’s terms and never properly updated to reflect the actual brand it now governs.
That matters beyond a simple typo.
A Terms and Conditions document is the legal basis for your relationship with the firm, and one that still names a different entity throughout raises a real question about whether its other clauses were reviewed carefully enough to apply correctly to Beststockadvisor at all.
Two specific clauses inside that same document are worth reading with that context in mind.
What Do Beststockadvisor’s Terms Actually Say?
Beststockadvisor’s Terms and Conditions contain two clauses that deserve closer attention, particularly because the document repeatedly refers to a different website, NiftyPrime.
1. All Payments Are Described as Strictly Non-Refundable
The terms state that all payments are non-refundable regardless of satisfaction or performance outcomes.
SEBI’s current terms entitle a Research Analyst’s client to a proportionate refund for the unexpired period on early termination, and a Research Analyst may not retain a breakage fee.
A blanket no-refund clause does not reflect that entitlement, regardless of which brand the rest of the document was originally written for.
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.
2. Payments to Third-Party Accounts Will Not Be Acknowledged
The terms state that payments made to third-party accounts will not be recognised by the firm.
The website does not publish the actual authorised payment details needed to confirm which account is genuinely official.
Before paying anything, request the exact authorised payment account in writing directly from the firm, since the terms warn against unauthorised accounts without telling you how to identify the correct one.
Why Is There No Pricing Anywhere on the Website?
The Terms and Conditions reference paid plans and research-backed investment ideas, but no fee, plan structure, service duration, or inclusions are published anywhere on the site.
The site instead asks prospective clients to make contact directly to get started.
This means the ₹1,51,000 annual SEBI fee ceiling for individual and HUF clients cannot currently be checked against anything published, since there is no figure available to compare against it.
Before agreeing to anything, get the exact fee, subscription duration, and what is included in writing, and check the total against the ceiling yourself once you have real numbers.
What Does Beststockadvisor’s Complaint Data Show?
The annual complaint record shows a genuine spike worth knowing about, and the current status table contains a figure that cannot actually be derived from the numbers next to it.
Annual Complaint Data
| Year | Carried Forward | Received | Resolved | Pending |
|---|---|---|---|---|
| 2022-23 | 0 | 22 | 21 | 1 |
| 2023-24 | 1 | 61 | 61 | 0 |
| 2024-25 | 0 | 17 | 17 | 0 |
This table is worth crediting on one specific point.
The Carried Forward column correctly tracks the Pending figure from the previous year in both cases shown: 2022-23’s ending pending of 1 becomes 2023-24’s opening carried forward of 1, and 2023-24’s ending pending of 0 becomes 2024-25’s opening carried forward of 0.
The table’s internal arithmetic checks out year to year, which is not something every firm reviewed on this site can claim.
The Volume Itself Is Worth Separate Attention
Complaints rose sharply from 22 in 2022-23 to 61 in 2023-24, before falling to 17 in 2024-25.
All complaints in the most recent year shown are marked resolved.
The sharp rise and fall is worth asking the firm to explain directly, even though every complaint across all three years was ultimately closed.
A Resolution Time Reported for Complaints That Were Never Received
The current complaint status table separately reports an average resolution time of 30 days for complaints received directly from investors, in the same table that shows zero complaints received and zero resolved from that source.
A resolution time is a calculation that requires actual resolved complaints to measure.
Reporting one alongside zero complaints is a figure that cannot be derived from the data it sits next to, and it is worth asking the firm to clarify where that 30-day figure actually came from.
Thirteen Straight Months of Zero Complaints, Immediately After a Year With 17
The monthly complaint trend from August 2025 through August 2026, thirteen consecutive months, reports zero complaints from every source.
This follows directly after a financial year, 2024-25, in which 17 complaints were received.
Zero complaints across more than a year is not itself a violation, and it may simply reflect a genuinely quiet period.
Given how sharply the volume moved in the two years before it, this extended run of zero activity is worth cross-checking against the firm’s actual client activity rather than taken purely at face value.
What Do Rohit Gholap’s Privacy and Marketing Terms Say?
A few further items are worth knowing before you engage with this firm.
1. Data Sharing With Unnamed “Affiliates or Trusted Business Partners”
The privacy policy states personal data may be shared with “affiliates or trusted business partners,” without identifying who these are or what the sharing actually involves.
2. Data May Be Stored Outside India Without Specifying Where
The policy states data may be processed or stored outside India, without naming the countries, the service providers involved, or the safeguards applied to that transfer.
3. A Generic Data Retention Statement With No Actual Period Stated
The policy offers only a general statement on data retention, without specifying how long any category of personal data is actually kept.
4. Growth Language Across Marketing and Testimonials
The site promotes phrases including “Grow Consistently,” “consistent guidance,” and “steady growth,” and testimonials describe calls as “accurate” with “steady growth in my portfolio,” without supporting performance records behind either the marketing language or the testimonials themselves.
How to File a Complaint Against Rohit Gholap?
Given the specific findings above, particularly the mismatched terms and the unexplained resolution time figure, a complaint here has firmer, more documentable ground than a dispute over research quality alone.
Start by getting the exact fee and service details confirmed in writing, since none of that is published on the site.
If you were told a refund was unavailable, cite the proportionate refund entitlement directly.
Ask the firm to explain the 30-day resolution time reported against zero received complaints, and to confirm which payment account is genuinely authorised.
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
Submit your grievance through the SEBI SCORES complaint portal .
You can explain the issue, upload supporting documents, and track the complaint through the prescribed process.
2. SMART ODR
If the matter remains unresolved through SCORES, proceed to SMART ODR for structured online dispute resolution and conciliation between the investor and the intermediary.
3. Arbitration
If the dispute is still not settled, you may explore stock exchange arbitration, where applicable.
This process can lead to a binding and enforceable decision.
For a complete step-by-step explanation, read our guide on filing a complaint against a SEBI-registered Research Analyst.
Terms and conditions written for a different website?
We document the specific inconsistency directly, get the correct terms confirmed in writing from the firm, and put the gap on record in a form the analyst has to respond to. Register with us for a free read on your situation.
Disclaimer
This page is based on Beststockadvisor’s 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
Rohit Gholap’s Beststockadvisor holds a genuine SEBI Research Analyst registration, INH000008455, active since May 2021, with an annual complaint disclosure whose arithmetic checks out cleanly year to year.
The rest of the site needs real attention.
Its own Terms and Conditions still name a completely different brand throughout, alongside a strict no-refund clause that does not reflect what SEBI actually requires.
No pricing is published anywhere, and the current complaint status table reports a resolution time for a source that shows zero complaints received.
Before subscribing, get the exact fee, refund terms, and authorised payment account confirmed in writing, since none of the three are reliably available from the site as published.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
Yes. It is registered to Rohit Gholap, operating as Beststockadvisor, from 27 May 2021 and is perpetual. Confirm it directly on the SEBI register rather than relying on the website alone.
The document refers throughout to NiftyPrime rather than Beststockadvisor, suggesting it was copied from another site's terms and never properly updated. Ask the firm to confirm its current, correctly branded terms before relying on the published document.
The firm's stated policy says all payments are strictly non refundable regardless of outcome. SEBI's current terms entitle you to a proportionate refund for the unexpired period regardless of what a firm's own terms state, so cite that entitlement directly if a refund is refused.
No pricing is published anywhere on the site. Get the exact fee, duration and inclusions in writing directly from the firm before agreeing to anything.
The site does not explain this. A resolution time requires actual resolved complaints to calculate, and reporting one alongside zero received and zero resolved complaints from that source is a figure the underlying data cannot support. Ask the firm to clarify directly.
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