So you saw an ad, paid nine rupees, sat through a workshop, and now you are wondering what you actually signed up for. That is exactly what this page is about.
Springpad courses are not one single thing; they are a chain of offers, and each stage costs more and promises more than the one before it.
Some people walk away happy with what they learned. Others feel like they paid for a sales pitch dressed up as a class.
Read on and decide for yourself which one this looks like to you.
What is Springpad AI?
Springpad AI is the trading education and research platform of SpringPad Wealth Solutions Private Limited, an SEBI-registered Research Analyst firm (Registration No. INH000022950) based in Kolkata.
The platform was founded by Rahul Chandra, who holds CFA, FRM, and CAIA credentials, and Pratik Chakraborty.
Their stated goal is to make AI-assisted trading education accessible to retail investors in India.
Springpad runs courses, live sessions, and provides access to its Bulls AI algorithmic trading tool.
The courses are marketed primarily through Instagram, YouTube, and paid social media advertising targeting retail investors and first-time traders.
For the full company overview, check our guide: Springpad AI Review →
The Springpad Course Pricing Funnel
Most investors discover Springpad through an ad for a Rs. 9 workshop. What comes after that Rs. 9 is not clearly explained in the advertisement.
Here is the complete pricing picture:
Stage 1: The Rs. 9 Entry Workshop
A 3-hour live session titled “Stock Market Using AI.”
The session introduces the following concepts:
- Using AI tools like ChatGPT, Claude, and Gemini to analyse company reports
- The PEAK Framework, a proprietary stock selection system
- An introduction to no-code algorithmic trading and backtesting
Participants also receive a bundle of bonuses described as worth Rs. 18,924, including done-for-you industry analysis tools, stock comparison templates, price pattern AI tools, and analytics guides.
These are primarily PDF guides and prompt libraries, not live tools or personalised analysis.
Stage 2: The AI Wealth Program
If you attend the Rs. 9 workshop and want to go deeper, you are pitched the AI Wealth Program.
This is the premium product.
It includes:
- Over 120 recorded modules covering AI-powered trading, step by step.
- Live market sessions where strategies are applied in real time.
- Access to Bulls AI, Springpad’s algorithmic trading signal tool.
- Mentorship and community access.
The cost of the AI Wealth Program is not publicly listed on the website.
Based on user accounts and sales session disclosures, it ranges from Rs. 50,000 to Rs. 1,00,000 or more, depending on the package and payment plan chosen.
The gap between Stage 1 and Stage 2
The Rs. 9 workshop is designed to generate the desire for Stage 2. A significant portion of the 3-hour session, based on multiple user accounts, is spent building towards the pitch for the premium programme.
The educational content in Stage 1 is intentionally incomplete, covering concepts just enough to show you what you could learn more about in Stage 2.
This is a standard and legal sales funnel structure.
But investors who attended expecting a complete, standalone educational session often feel that the Rs. 9 session was primarily a sales presentation rather than a course.
What is Taught in the Springpad AI Trading Courses?
Setting aside the funnel mechanics, here is what the course content covers at each stage.
- The Rs. 9 Workshop teaches: a conceptual introduction to using publicly available AI tools for financial analysis. The PEAK Framework for stock identification.
The idea of no-code algorithmic strategies. This is introductory content, not an actionable trading system. - The AI Wealth Program teaches: How to use AI tools to speed up fundamental and technical research. How to interpret data outputs from AI for stock selection decisions.
How to use the Bulls AI platform for Nifty and Bank Nifty options signal generation. Live market session observation with experienced traders. - What neither programme teaches explicitly: Risk management at the position sizing level. How to handle losing streaks without increasing risk. The full limitations of AI-generated signals in different market conditions.
The regulatory boundaries of what a SEBI-registered RA can and cannot promise.
What Real Users Report After Paying?
While aggressive marketing campaigns promise automated wealth, the actual student feedback tells a different story.
When looking closely at how AI courses mislead investors, the gap between promotional hype and classroom reality usually comes down to a few consistent patterns.
These are the consistent themes from Springpad course users across Reddit, Quora, and public review platforms.
They are not isolated complaints.
They repeat across multiple accounts from different users.
Complaint 1: The “live” sessions are pre-recorded
Multiple users on Reddit report that the “live” market sessions are actually pre-recorded videos played with a moderator managing the chat. The mentor does not respond to specific real-time questions.
When users tried to ask precise, market-specific questions during these sessions, the responses they received were generic and not addressed in the video itself.
This is a significant gap from what is marketed. A live session implies real-time interaction with the mentor.
A pre-recorded video played with a chat moderator is a fundamentally different product.
Complaint 2: Everything described as “AI” is actually manual
At least one documented 1-star review describes the programme as follows: despite being marketed as AI-based trading, everything in the course is manual.
The user paid expecting an AI-assisted or automated trading system and received a course on how to manually use AI research tools.
This reflects a genuine expectation gap. Springpad’s marketing language, words like “AI-driven,” “automated,” and “Bulls AI,” creates an impression of a system that trades on your behalf with minimal input.
The actual product is an education platform that teaches you to use AI tools manually in your own research process.
Complaint 3: The Rs. 9 workshop is a 3-hour sales pitch
The most common complaint across public platforms is that the Rs. 9 workshop allocates 20 to 30 minutes of the 3-hour session to pitching the premium programme.
Users who paid for a complete educational session felt that the content was deliberately kept introductory so that the premium programme appeared necessary.
Complaint 4: Guaranteed return language used to convert sales
Some users report that during live sessions or follow-up calls, language suggesting reliable or consistent returns was used to encourage the purchase of the premium programme.
If this occurred, it would represent an SEBI violation under Research Analyst Regulation 15(9), which prohibits guaranteed return claims by registered research analysts regardless of how the claim is phrased.
Is Springpad AI Operating Legally Under SEBI?
Springpad holds a SEBI Research Analyst registration (INH000022950). This covers research-based recommendations and educational content about markets and trading.
However, enrolling in a SEBI Registered research analyst course comes with strict regulatory boundaries.
What the RA registration does not cover includes:
- Personalised trading advice tailored to your specific financial situation, this requires a SEBI Investment Adviser registration.
- Guaranteed or assured return promises of any kind this violates SEBI RA Regulation 15(9).
- AI-driven algorithmic trading signals through Bulls AI without a separate exchange-approved algo trading certification.
The education model sits within the RA registration as long as it stays within general market education.
The line is crossed when the education includes guaranteed income promises, personalised advice, or algo signal services that require additional approvals.
For the complete analysis of where Springpad’s SEBI registration begins and ends, read: Is Springpad AI SEBI registered?
Is the Springpad Course Worth Paying For?
Figuring out if Springpad is actually worth your hard-earned money comes down to managing expectations.
The platform splits its offerings into two vastly different tiers, meaning your experience will entirely depend on what you are looking to get out of it.
Here is the honest answer based on documented user experiences:
- The Rs. 9 workshop is worth attending if you want a low-cost introduction to the concept of AI-assisted trading and you are comfortable sitting through a sales pitch for the premium programme.
The bonus materials have some practical value as starter templates. Approach the session as a product demo, not a complete course. - The AI Wealth Program is worth considering if you want structured education on using AI tools for stock market research and you are not expecting an automated profit-generating system.
You understand that Bulls AI signals require independent judgment and active risk management. You have independently verified what “live sessions” means in the context of this programme before paying. - Neither programme is suitable if you are looking for a passive income mechanism, a system that trades automatically on your behalf, or a service that guarantees consistent returns.
No SEBI-registered entity can legally deliver any of those things.
What to Do If You Paid and Did Not Get What Was Promised?
If you paid for a Springpad course and what you received did not match what was described in the marketing or sales communication, you are not stuck with just one option.
There are several regulatory channels built for exactly this kind of situation, each one taking your complaint a little further if the previous one does not resolve things.
- You can start with Springpad directly by writing to their official support team and asking them to address the gap between what was promised and what was delivered.
- If that goes nowhere, SEBI SCORES is the official portal where you file a formal complaint against a registered Research Analyst like Springpad, using their registration number INH000022950.
- Beyond that sits SMART ODR, SEBI’s online dispute resolution platform, which steps in when a SCORES complaint does not lead to a resolution.
- And for money claims that remain unsettled, Stock Exchange Arbitration is the final route, producing a decision that is legally binding on both sides.
For the complete process, including how to file at each stage and what to prepare beforehand, check our full guide: how to file a complaint against Springpad AI →
Need help recovering your money?
Our team reviews your case, identifies the complaint basis, and helps you file your complaint correctly from the very first submission.
Conclusion
Springpad courses begin at Rs. 9 and lead to a premium programme priced between Rs. 50,000 and Rs. 1,00,000.
The Rs. 9 workshop is an entry point to that funnel, not a standalone course.
The premium AI Wealth Program teaches AI-assisted research and provides access to Bulls AI signals. It is an education product, not an automated trading system.
Real user complaints document three consistent patterns: sessions marketed as live that are pre-recorded, course content that is manual despite the AI branding, and sales pitches occupying significant portions of paid session time.
Where guaranteed return language was used to convert sales, that language constitutes a specific SEBI violation.
If you attended with clear expectations and received what was described, the platform has genuine educational value.
If you paid based on promises that were not kept, the formal complaint process is available and works when used with proper documentation.
Frequently Asked Questions
1. How much do Springpad courses actually cost?
The entry workshop costs Rs. 9.
The premium AI Wealth Program, which is the main product pitched after the workshop, costs between Rs. 50,000 and Rs. 1,00,000 depending on the package and payment plan.
This pricing is not prominently disclosed in Springpad’s advertising material.
2. Are Springpad’s live sessions actually live?
Multiple users on Reddit and public review platforms report that sessions marketed as live are pre-recorded videos played with a chat moderator.
The mentor does not respond to real-time questions during these sessions.
Verify the live session format directly with Springpad support before purchasing the premium programme.
3. Is the Springpad course AI-based or manual trading?
The course teaches you how to use publicly available AI tools like ChatGPT and Claude to assist your own manual research and trading decisions.
It also provides access to Bulls AI for Nifty and Bank Nifty signal generation. It is not an automated trading system that places trades on your behalf without your input.
4. Is SpringPad AI legit?
Yes. SpringPad Wealth Solutions Private Limited is a legit platform and holds SEBI Research Analyst registration INH000022950.
5. Can Springpad legally promise guaranteed returns through their courses?
No. SEBI Research Analyst Regulation 15(9) prohibits guaranteed or assured return promises under any circumstances.
If a Springpad representative, course video, or sales call used guaranteed return language to influence your purchase, that statement is a documented SEBI violation and the starting point of a formal complaint.
6. What should I do if I paid for a Springpad course and want a refund?
Write to Springpad AI formally, first stating what was promised and what was delivered.
If unresolved within 30 days, file on SEBI SCORES at scores.gov.in, selecting Research Analyst and entering registration number INH000022950.
A no-refund clause in your purchase agreement does not override SEBI regulatory obligations if the firm violated its registration terms.
7. Is the Rs. 9 Springpad workshop worth attending?
At Rs. 9, the financial risk is minimal.
The session gives a genuine introduction to AI-assisted trading concepts and comes with template and prompt library bonuses.
However, a significant portion of the session is a pitch for the premium programme. Attend if you want an overview of the platform and are comfortable with the sales format. Do not attend expecting a complete, standalone trading education.
