SV Stock Research: Registration, Pricing, Complaint Spike and What the Numbers Mean

You have come across SV Stock Research through an ad, a call, or a search, and before any money moves, you want the full picture.

Here is the straightforward part first.

The firm is a Maharashtra based, proprietor Arunima Rai, offering index options research through two subscription plans.

The more important part is what the firm’s own records show: a complaint count that multiplied thirteen times in twelve months, a top plan priced exactly at SEBI’s annual fee ceiling, and marketing language the rulebook does not permit.

Every one of those is visible in public information before you pay a rupee, and this page walks you through each.

Is SV Stock Research SEBI Registered?

Yes, and the ownership structure matters more here than at most firms.

SV Stock Research holds SEBI Research Analyst registration INH000011909 under the name of Arunima Rai as an individual proprietor, active and verifiable on SEBI’s portal under the Research Analyst category.

Individual registration means the licence belongs to her personally.

There is no company structure between her and her regulatory obligations, so every recommendation, every disclosure, and every complaint received through the firm is her direct responsibility.

What that means for accountability if something goes wrong, and the three regulatory roles she holds at once, is covered on our page on the SV Stock Research company owner.

What Does SV Stock Research Offer and What Does It Cost?

The firm provides equity research focused on index options, specifically Nifty and Bank Nifty, delivered through real-time trade alerts, live market support during trading hours, and webinars.

It states it does not execute trades or manage portfolios directly.

Two subscription plans are available.

The Index Option Basic plan is priced at ₹44,000, and the Index Option Platinum plan at ₹1,51,000, with GST at 18 percent on top of both.

The website mentions a community of traders and a track record of executed trades.

These figures are not audited or independently verifiable from any source outside the firm’s own website.

SV Stock Research Fees: The ₹1,51,000 Plan and SEBI’s Annual Cap

This is the pricing detail that deserves the most attention before subscribing, and the firm’s own pricing page never mentions it.

SEBI caps the total fees a single client can pay to one registered research analyst at ₹1,51,000 per financial year, across all plans combined.

The Platinum plan is priced at exactly ₹1,51,000.

Subscribe to it, and you have used the entire annual fee allowance for this firm in one transaction.

Any other service, upgrade, or add-on from the firm in the same financial year takes the combined total past the regulatory ceiling. And while the cap applies to the base fee rather than the GST, a plan sitting exactly at the limit leaves the compliance question with zero margin.

The firm’s pricing page does not mention the ₹1,51,000 annual cap anywhere.

SV Stock Research Complaints: 1 to 13 in 12 Months

Every registered research analyst must publish its complaint numbers, and this firm’s own disclosure carries the finding that matters most on this page.

In FY 2024-25, exactly one investor filed a complaint against SV Stock Research. In FY 2025-26, thirteen did.

That is fourteen complaints in total across the firm’s reporting period, every one of them shown as resolved, with nothing pending.

Read those numbers the way an investor should. The clean resolution record is genuinely a positive, because it means the firm answers when the regulator’s process demands it.

But a thirteenfold jump in a single year is a trajectory, not a coincidence, and for a two-plan firm serving index options traders, thirteen grievances in twelve months is a meaningful concentration.

What drove the spike, whether service quality, pricing disputes, or unmet support commitments, is the one thing the numbers cannot tell you, because SEBI’s disclosure rules require firms to report counts, never causes.

The year-by-year table, the monthly breakdown showing when the complaints started arriving, and what the March 2026 figures specifically revealed all sit on our analysis of SV Stock Research fake or real.

Why Is One Year of Complaint Data Missing?

Here is a detail most visitors to the firm’s disclosure page would never think to check.

SEBI requires research analysts to publish complaint data covering the last three financial years. This firm’s registration was granted in 2023, so three years of data would run from FY 2023-24 through FY 2025-26.

The available disclosure shows only FY 2024-25 and FY 2025-26. The first year is absent.

Whether the firm received complaints in its first year and did not disclose them, or genuinely had none and did not consider the year’s data required, cannot be determined from the public disclosure.

What can be said is why the rule exists: the three-year window lets investors see a firm’s complaint trajectory over time, and a missing year removes part of that picture.

Does the Marketing Match What SEBI Permits?

The last check needs nothing but the firm’s own homepage and the rulebook side by side.

The website uses phrases like maximize your profits and promotes consistent success in the stock market in its service description.

SEBI’s Schedule III under the Research Analyst Regulations prohibits language implying assured returns or guaranteed profitability, and terms like these create exactly the impression of certainty the rule targets.

The firm’s own disclaimer, sitting elsewhere on the site, states what every registered firm must: past performance does not indicate future results, and investments carry market risk.

One page sells certainty. Another page disclaims it. An investor reading only the service page never meets the disclaimer unless they navigate away from it.

Adding up what you have paid this year and realising it is brushing against that ₹1,51,000 ceiling?

We will check whether your fees, your service experience, and the firm’s conduct cross from concern into violation, and when they do, we build the complaint that says so with evidence.

Register with us for a free consultation.

What If You Have Already Subscribed to SV Stock Research?

If your experience involved support that stopped responding, outcomes nowhere near the marketing claims, or combined fees approaching the annual cap, the formal complaint route applies directly to this firm.

You would not be the first to speak up.

The single publicly available investor review describes losses, advice the reviewer calls improper, and a support team that did not return calls, and each of those concerns maps to a specific SEBI obligation, examined in full on our page on SV Stock Research company reviews.

The complete filing route, from the internal grievance and the SCORES complaint under INH000011909 through SMART ODR and arbitration, with what qualifies as a valid complaint ground, is laid out in a step-by-step guide: how to complain against research analyst SEBI.

Conclusion

SV Stock Research holds a valid SEBI registration, Arunima Rai cleared the eligibility requirements, and the complaint resolution record is clean.

Those are the positives.

What deserves your attention before subscribing is everything else the public record shows: a 13-fold complaint increase in a single year, a top plan priced exactly at SEBI’s annual cap with no room for anything more, a missing disclosure year, and marketing that implies outcomes the rules do not permit.

All of it is visible before any money changes hands, which is exactly when checking matters.

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Frequently Asked Questions

1. What is SV Stock Research's SEBI registration number?

SV Stock Research holds SEBI Research Analyst registration INH000011909 under proprietor Arunima Rai, active and verifiable on SEBI's intermediary portal under the Research Analyst category.

2. What plans does SV Stock Research offer and what do they cost?

Two plans, the Index Option Basic at ₹44,000 and the Index Option Platinum at ₹1,51,000, with 18 percent GST on both. The Platinum plan sits exactly at SEBI's annual fee cap, so no other subscription from the firm fits in the same financial year without exceeding the limit.

3. How many complaints has SV Stock Research received?

One complaint in FY 2024-25 and 13 in FY 2025-26, all resolved and none pending, per the firm's own mandatory disclosure. The 13-fold rise in a single year is the number worth understanding before subscribing.

4. Who is the owner of SV Stock Research?

Arunima Rai is the registered proprietor, holding the SEBI registration in her personal name as an individual rather than through a company, which makes her directly responsible for the firm's regulatory conduct.

5. Can SV Stock Research use language like maximize your profits in its marketing?

SEBI's Schedule III prohibits marketing language implying assured returns or guaranteed outcomes for registered research analysts, and phrases like maximize your profits and consistent success create exactly the impression of certainty the code restricts.