Most investors look at the plans, check the pricing, and pay.
Very few stop to ask: who actually owns and runs this firm?
For the SV Stock Research owner, that question has a direct, verifiable answer, but the details behind it tell a more complete story than the homepage does.
This guide covers everything relevant about the SV Stock Research company owner, the firm’s regulatory standing, complaint history, and what rights investors hold before or after subscribing.
SV Stock Research Company Owner Name
The SV Stock Research Company owner is Arunima Rai. She runs the firm as a sole proprietorship under her own name.
Arunima Rai also serves as both the compliance officer and grievance officer for the firm.
Under the SEBI (Research Analysts) Regulations, 2014, both roles carry direct regulatory accountability.
Every investor dealing with SV Stock Research is, in a legal and regulatory sense, dealing with her.
That makes verifying her registration status the natural next step.
Is Arunima Rai SEBI Registered?
Yes. Arunima Rai holds SEBI Research Analyst registration number INH000011909 as proprietor of SV Stock Research.
The registration carries perpetual validity, and investors can independently confirm it on the SEBI intermediary portal by searching for the registration number or the proprietor’s name.
SEBI registration means Arunima Rai met the eligibility criteria to offer research services under a regulated framework.
It does not mean every recommendation the firm publishes will be profitable, nor does it shield the firm from regulatory accountability if its conduct falls short of the applicable standards.
That compliance track record deserves a closer look.
Arunima Rai Complaints
SV Stock Research publicly discloses its annual complaint data as required by SEBI.
Here is what that data shows:
| SR. No. | Year | Carried Forward | Received | Resolved | Pending |
| 1 | 2024–2025 | 0 | 1 | 1 | 0 |
| 2 | 2025–2026 | 0 | 13 | 13 | 0 |
| Grand Total | 0 | 14 | 14 | 0 |
One complaint came in during 2024–25. Thirteen arrived in 2025–26, a 13x jump within a single year.
The firm reports all 14 as resolved, but that kind of volume increase in one year signals a meaningful rise in investor dissatisfaction.
Formal complaint data, however, only captures what reaches SCORES. Let’s look into what one real user shared outside of that process.
A reviewer on SV Stock Research’s social media page posted a comment alleging trading losses, poor quality advice, and no follow-up call after raising concerns with the team.
According to the reviewer, the experience left them frustrated and without any response.
This account is unverified through formal channels; it represents one investor’s stated experience shared publicly on the firm’s own platform.
As you have seen, one clear concern is the lack of support. But understanding what a Research Analyst can and cannot do helps put that concern in the right regulatory context.
What Can a SEBI Registered Analyst Do?
SEBI licenses Research Analysts to operate within a specific, defined scope. Knowing the scope helps investors set the right expectations before they subscribe.
A SEBI-registered Research Analyst is permitted to:
- Publish research reports and market analysis on listed securities and market segments.
- Share general recommendations with subscribers through approved channels such as email, SMS, and messaging platforms.
- Charge subscription fees within the SEBI-prescribed annual cap of ₹1,51,000 per family.
- Conduct educational webinars, sessions, and market commentary to support subscriber decisions.
These are legitimate activities that fall squarely within what SEBI authorises.
Every investor should understand exactly what they are paying for before signing up for any research subscription.
The boundaries on the other side, however, matter just as much.
What Is a Research Analyst Not Allowed to Do?
SEBI draws a firm line around what Research Analyst activity looks like. Stepping outside that line constitutes a regulatory violation with real consequences.
A SEBI-registered Research Analyst must not:
- Promise, guarantee, or imply assured returns on any research call or recommendation.
- Providing personalised investment advice or managing a client’s portfolio: that scope belongs exclusively to SEBI-registered Investment Advisers.
- Solicit additional capital from a client or inquire about their available funds to push a plan upgrade.
- Collect subscription fees in personal bank accounts or issue invoices that fail to specify the package name, duration, and fee amount.
These restrictions protect investors from being misled, pressured, or financially harmed.
When a Research Analyst stays within this framework, the relationship with clients remains transparent and accountable.
But what if your Research Analyst violates these boundaries?
Here is exactly how to report it.
How To File a Complaint Against a Research Analyst?
If SV Stock Research’s conduct crossed the boundaries described above, SEBI’s grievance system gives you a structured and enforceable path to raise the matter.
Here are the steps to file a complaint:
Step 1: Gather and Organize Your Evidence
Collect every payment receipt, UPI screenshot, invoice, WhatsApp message, call recording, and screenshot of recommendations you received from the firm.
A clear, organized evidence file is what separates a strong complaint from one that stalls.
Step 2: Send a Formal Written Complaint to the Firm
Write directly to SV Stock Research’s grievance officer, stating what you paid, what services you received, and what went wrong.
SEBI gives the firm 21 days to respond. Keep a dated copy of everything you send.
Step 3: Escalate to SEBI SCORES
If the firm fails to respond or gives an unsatisfactory answer, file your complaint on SEBI SCORES under the Research Analyst category.
Attach all relevant documents, payment records, and communication evidence to support your grievance.
SCORES assigns a tracking number and allows you to monitor the status of your complaint throughout the resolution process.
Step 4: File on SMART ODR
If SCORES does not produce a resolution, move your dispute to the SMART ODR platform.
The process starts with pre-conciliation and progresses to formal conciliation if the parties do not reach an early agreement.
Step 5: Share Market Arbitration
If conciliation fails, the matter proceeds to binding arbitration before an independent arbitrator.
Well-documented cases have secured refund awards through this route even where firms cited a strict no-refund policy.
Need Help?
If you paid for any research analyst plan because of its convincing marketing and are now receiving no support response, or encountered unauthorised conduct.
Do not worry.
Our team can assess your case, organize your evidence, and draft your complaint for SCORES and SMART ODR with full representation through arbitration.
Reach out to us for guided assistance.
Conclusion
The SV Stock Research Company owner is Arunima Rai, a SEBI-registered Research Analyst operating under registration number INH000011909.
That registration is real, publicly disclosed, and verifiable.
However, a valid SEBI licence places a firm within a framework of regulatory accountability, not above it.
Complaint volumes rose sharply in 2025–26, and at least one investor publicly raised concerns about advice quality and follow-up support.
Investors still evaluating the firm should verify the registration, read every policy document carefully, and understand the full scope of what a Research Analyst is permitted to deliver.
Investors who have already subscribed and faced issues should document everything and escalate through SCORES without waiting.
Frequently Asked Questions
1. Is Arunima Rai SEBI registered as a Research Analyst?
Yes. Arunima Rai holds SEBI Research Analyst registration INH000011909 with perpetual validity.
Investors can independently verify this on the SEBI intermediary portal by searching for the registration number or proprietor’s name.
2. Can a Research Analyst guarantee returns on their recommendations?
No. SEBI explicitly prohibits Research Analysts from assuring returns or implying guaranteed profitability.
Such conduct violates Schedule III of the SEBI (Research Analysts) Regulations, 2014, and is grounds for a formal complaint.
3. Can I file a complaint against Arunima Rai if I face issues with SV Stock Research?
Yes. Since Arunima Rai is the proprietor, compliance officer, and grievance officer of SV Stock Research, she is responsible for the firm’s regulatory compliance and grievance handling.
Complaints filed against SV Stock Research under its SEBI registration ultimately fall within her area of accountability under the SEBI (Research Analysts) Regulations, 2014.
