Quick Summary
Bharat Rathode is the registered proprietor and individual SEBI licence holder for Trade Aura Research under INH000010292. The registration is in his personal name, not a company name. His website names him only as a research analyst, never as owner or proprietor. That information only surfaces when you check SEBI’s register directly. Individual registration means the licence and the person are the same, which has specific implications if something goes wrong with your subscription.
Most people who search for the owner of a research firm are doing it because something already felt off.
Either they subscribed and results did not match what was promised.
Or they are about to subscribe and noticed that the firm’s about page has no clear answer.
Or they want to know who is actually accountable before putting money into a subscription.
All three are valid reasons. And the answer here is simpler and more specific than it is for most firms.
Who Is the Trade Aura Research Owner?
Bharat Rathode is the registered proprietor of Trade Aura Research. He holds SEBI Research Analyst registration number INH000010292 personally, as an individual, not through a company.
The registration was granted in October 2022 and is currently shown as active on SEBI’s intermediary register.
This is an individual proprietorship, not a private limited company. That structural difference matters significantly when something goes wrong with a subscription.
Why Trade Aura Research Owner Name Does Not Appear as Owner on the Website?
This is the first thing that stands out when you look at Trade Aura Research’s own website.
Bharat Rathode appears on the site, but only as “research analyst.” No page, no about section, and no disclosure identifies him as the owner, founder, or proprietor of the firm.
That information only becomes visible when you cross-check the firm’s registration on SEBI’s own register at sebi.gov.in.
SEBI expects registered entities to maintain transparency in how they present themselves to investors.
Choosing not to name the firm’s owner on the firm’s own website is not a technical violation by itself. It is a transparency gap worth noticing before you pay.
What Trade Aura Research’s Individual Registration Means for You?
Most research analyst firms register through a company. The company holds the SEBI licence. An individual is then listed as the compliance officer or principal officer.
This creates a layer between the person you deal with and the person legally responsible for compliance.
Trade Aura Research does not work this way.
The registration INH000010292 belongs to Bharat Rathode personally. That means the licence and the person are the same thing. There is no company standing in between.
This has three specific implications for an investor.
1. The Accountability is Clearer
If the firm’s marketing crossed a regulatory line, or if complaint disclosures were not updated as required, or if fees exceeded the SEBI cap, Bharat Rathode is the individual whose regulatory record that affects.
Not a company director. Not a compliance officer.
2. The Licence Holder Himself
The complaint naming is simpler. When you file on SEBI SCORES, you file against the registered entity: Trade Aura Research, registration number INH000010292.
In your complaint description, naming Bharat Rathode directly is appropriate since he is the individual who owns and operates the firm and is personally responsible for every recommendation it sends.
3. The Professional Background is Harder to Verify
Many corporate-registered firms list their analysts’ qualifications, NISM certificate numbers, and professional history.
Bharat Rathode’s professional background before his October 2022 registration date is not documented anywhere publicly.
SEBI registration confirms he passed the eligibility requirements.
It does not tell you how long he has genuinely been working in markets or what his actual track record looks like before the registration.
What SEBI Confirms and What It Does Not About Bharat Rathode?
SEBI’s register confirms that Bharat Rathode is the individual registration holder. It confirms the registration date as October 2022.
It confirms the current status as active. It confirms the category as Research Analyst.
What SEBI’s register does not confirm is any professional history before October 2022, any track record of recommendations made under the registration, any verified biography, or any third-party credential beyond passing the NISM examination required for registration.
For someone paying for research recommendations, that background gap is worth sitting with before subscribing.
The Complaint Record and the Disclosure Gap on Trade Aura Research
Trade Aura Research’s mandatory complaint disclosure shows seven complaints across FY 2023-24 and FY 2024-25, all resolved. The overall resolution record appears clean.
What is not clean is the disclosure timeline. No monthly update appears after October 2024, despite SEBI requiring research analysts to update this data by the 7th of every month.
As the individual licence holder, this disclosure obligation sits with Bharat Rathode personally.
For the full breakdown of the complaint data, pricing concerns, and what the marketing vs disclaimer contradiction looks like in detail, the reviews page covers everything.
Read the Trade Aura Research reviews including the complaint table, pricing analysis, and six red flags.
How to Name the Right Party in a SEBI Complaint?
Because this is an individual registration, the SCORES complaint form requires specific details.
- Select Research Analyst as the intermediary type. Enter Trade Aura Research as the firm name. Enter INH000010292 as the registration number.
- In the complaint description, name Bharat Rathode directly as the proprietor and licence holder.
- Describe what specific call, message, or promise forms the basis of your complaint, when it was made, and what you paid as a result.
- Since there is no corporate layer between you and the responsible individual, your complaint description carries direct weight in building the factual record SEBI will review.
For the complete guide on what happens after you file on SEBI SCORES, how SMART ODR works as the next step, and what arbitration looks like if conciliation fails, the full escalation process is here.
Read is Trade Aura Research real or fake and what steps to take if something went wrong.
Our team files your SEBI SCORES complaint, prepares the documentation, and represents you through SMART ODR and arbitration.
Conclusion
Bharat Rathode is the owner and the SEBI licence holder for Trade Aura Research under registration INH000010292. The licence is in his personal name. There is no company structure between him and his regulatory obligations.
His name does not appear as owner on the firm’s own website. That transparency gap becomes visible only when you check SEBI’s register directly.
Individual registration simplifies accountability. If something goes wrong, you know exactly who the complaint targets and exactly whose regulatory record it affects.
What individual registration does not simplify is verifying his professional background before 2022, because almost nothing about it is publicly documented.
Frequently Asked Questions
Yes. Trade Aura Research's SEBI Research Analyst registration INH000010292 is held by Bharat Rathode personally as an individual, not through a company. The registration was granted in October 2022 and is currently active.
He appears on the website only as research analyst. His role as proprietor and individual licence holder is only visible when you cross-check the registration on SEBI's intermediary register at sebi.gov.in. No about page or ownership disclosure on the firm's own site identifies him as the owner.
Neither inherently, but it removes complexity. Your complaint targets the individual who holds the licence and is personally responsible for the firm's conduct. There is no corporate structure to route through or point to as a separate entity.
Possibly, if you have documented evidence showing what was promised and when. Since Bharat Rathode is the individual licence holder, any promise made through official firm channels forms part of the factual record in a SEBI SCORES complaint.
Select Research Analyst as the intermediary type and enter INH000010292. Name Bharat Rathode as the proprietor in your complaint description. Attach payment proof, the marketing material you relied on, and any communications where a specific outcome was implied or stated. Filing is free.
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