Quick Summary
Vishal Trehan is a SEBI-registered Research Analyst based in Gurgaon, holding registration INH000016816, operating under the brand Aauriga Quantrade. His website discloses no pricing for any service and directs prospective clients to WhatsApp instead. His own annual complaint table shows 1 complaint received and resolved in 2025, but the Grand Total row on the same page incorrectly states 0. His Telegram channel link, listed as an active communication channel, is currently inaccessible following a temporary government restriction on Telegram in June 2026. This blog covers the firm, its registration, its pricing gap, and the arithmetic error in its own complaint disclosure.
A firm’s own complaint table is supposed to be the one place an investor can check facts without having to take anyone’s word for it.
Vishal Trehan’s own table doesn’t add up to itself.
This review covers his registration, what his pricing page actually tells you, and the specific error sitting in his own complaint disclosure.
About Vishal Trehan
Vishal Trehan is a SEBI Registered Research Analyst based in Gurgaon, providing research services covering equities, commodities, model portfolios, and algorithmic trading.
He states 14 years of corporate experience across consulting, banking, and private equity, alongside nearly a decade of direct market experience across cash equities, derivatives, and algorithmic trading.
He holds an MBA from Guru Nanak Dev University, Amritsar, and offers algorithmic trading strategies through platforms including Tradetron and AlgoTest.
Independently, Vishal Trehan operates under the brand name Aauriga Quantrade, a detail not mentioned anywhere in his own site’s About section, where he’s listed as Founder and CEO.
He maintains an online presence through X, YouTube, Telegram, and WhatsApp, and independently, his site also confirms BSE Enlistment Number 6214, along with two named model portfolios, Beat the Nifty 50 and India Next 50.
Is Vishal Trehan SEBI Registered?
Yes. Vishal Trehan holds SEBI Research Analyst registration INH000016816, with perpetual validity from June 24, 2024.
The registered address is Flat 1006, Floor 10, Tower G, Corona Optus, Sector 37C, Gurgaon, Haryana, Gurugram, Haryana, 122001.
His own Terms and Conditions state a Grievance Officer response window of 7 business days, and his own site explicitly states the SEBI fee cap: maximum fee of Rs.1.51 lakh per annum per family, a transparency detail worth crediting directly.
Before paying any firm claiming SEBI registration, it’s worth checking it directly through the SEBI website.
What Does Vishal Trehan’s Website Reveal About Pricing?
Pricing is not disclosed anywhere on the website. Fees for equity research, commodity research, model portfolio, and algo trading services are not displayed.
The website states only “Pricing on inquiry,” and investors are directed to connect on WhatsApp to enquire about fees instead of being given clear pricing details upfront.
What Do Vishal Trehan’s Complaint Tables Actually Show?
SEBI requires monthly and annual complaint disclosure, and Vishal Trehan’s own published table contains a direct arithmetic error worth seeing in full.
Annual Complaint Data
| Year | Carried Forward | Received | Resolved | Pending |
|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 1 | 1 | 0 |
| 2026 | 0 | 0 | 0 | 0 |
The 2025 row clearly shows 1 complaint received and 1 resolved. But the Grand Total row on the same page states 0 received and 0 resolved, a figure that does not reconcile with the yearly entries directly above it.
Based on the annual entries themselves, the total received and resolved complaints should read 1 each, not 0.
The monthly table compounds the confusion. It reports zero complaints for every single month from October 2025 through September 2026, despite the annual table recording one complaint received and resolved in 2025.
That complaint has to have occurred in some specific month.
The monthly disclosure simply doesn’t show which one, leaving no way to verify when it was actually raised or resolved.
What Do Vishal Trehan’s Promotional Claims Actually Promise?
Several phrases on Vishal Trehan’s website are worth reading with a critical eye.
- “Trusted research,” “Research You Can Trust,” and “Data-driven, unbiased research” are promotional in nature and may create an impression of superior reliability.
Website section displaying promotional text for trusted research - “High-potential stock picks,” used for the model portfolio, may create expectations around returns.
Website showcasing promotional claims regarding high-potential stock picks - The Algo Trading section describes strategies as designed for “precision, consistency, and profitability,” which may create an impression of assured or consistent performance.
- Statements such as “build sustainable wealth” and “sustainable, long-term wealth creation” are outcome-oriented and could create expectations regarding wealth creation itself.
Website promotional section about long-term wealth creation - The claim “Every recommendation is grounded in real outcomes and tested methodology” uses past outcomes and testing as promotional support without providing supporting performance details on the page.
The Telegram link listed on the website is currently inaccessible, following a temporary restriction placed on Telegram by Indian authorities in June 2026 over concerns related to examination fraud.
This is an external, industry-wide event rather than a firm-specific issue, but it does mean one of his listed communication channels isn’t currently reachable.
Not sure whether a specific claim made to you lines up with what SEBI actually permits a Research Analyst to promise?
We check the exact claim against the rules and tell you plainly where you stand. Register with us for a free consultation.
How to File a Complaint Against Vishal Trehan?
If your experience doesn’t match what was promised, whether around undisclosed pricing or a service claim that didn’t hold up, there’s a structured way to raise it.
Document your communication, including any WhatsApp exchange about pricing, before contacting the firm directly.
If that doesn’t resolve things, file a SCORES SEBI complaint citing registration number INH000016816 directly.
Should that not produce a resolution, the SMART ODR portal offers a structured, mediated route.
If mediation doesn’t settle the matter, formal arbitration in share market remains available as a final, binding step.
For the complete process specific to a Research Analyst complaint, our guide on SEBI complaint against research analyst walks through every stage in depth.
Conclusion
Vishal Trehan’s core registration is genuine. INH000016816 is real, active, and the firm is transparent about the SEBI fee cap on its own site, a detail worth crediting.
What doesn’t sit as cleanly is everything around it. Pricing stays hidden behind a WhatsApp enquiry.
The firm’s own complaint disclosure contains a Grand Total that contradicts its own yearly entries. And the monthly table shows zero complaints in a year the annual table confirms one occurred.
None of this proves deliberate wrongdoing on its own. Together, it’s worth asking Vishal Trehan to clarify directly before you commit to a subscription.
Report. Recover. Stay Fraud Free.
Legal Disclaimer
This blog is based on Vishal Trehan’s own published materials and independently verified SEBI records. No SEBI action has been issued against Vishal Trehan as of the date of writing, and we make no independent claims about his legitimacy beyond what these sources confirm.
Frequently Asked Questions
Yes. Registration number INH000016816 is confirmed active, with perpetual validity from June 24, 2024.
The annual table shows 1 complaint received and resolved in 2025, but the Grand Total row on the same page states 0 for both figures, a direct inconsistency within the firm's own disclosure.
No. The site states "Pricing on inquiry" and directs prospective clients to WhatsApp instead of listing fees directly.
It's the brand name Vishal Trehan operates under as Founder and CEO, independently confirmed but not mentioned on the page that introduces his SEBI-registered research services.
