Quick Summary
Vivek Prashant previously held individual SEBI Research Analyst registration INH200006929, under which he ran Rising Trade Investments Research. His own website now states that registration has been transitioned into a corporate registration, INH000025683, under the name Alfaview Trading Research Private Limited, independently confirmed as a genuine, SEBI-approved registration. The pricing and complaint history covered in most reviews of this firm, including eleven complaints since 2019, belong entirely to the old, superseded registration. This blog covers both registrations, what the old disclosure actually showed, and what the transition means for anyone evaluating this firm today.
A firm’s registration number is supposed to be the one fixed point you can always check it against.
Vivek Prashant operates a firm, Rising Trade Investments Research, that doesn’t have one fixed point anymore. It has two, an old one and a new one, and most of what’s publicly known belongs only to the old one.
This review covers both registrations, the full complaint and pricing history tied to the original one, and what the transition to a new corporate entity actually means for you.
Rising Trade Investments Research
Rising Trade Investments Research is an independent market research firm by Vivek Prashant, based in India, primarily providing research for intraday options trading, including Bank Nifty, Nifty 50, and FinNifty options.
Its stated services cover Futures and Options analysis, market research, technical and fundamental analysis, and stock picks and recommendations, with trading guidance including targets and stop-loss levels, live market support, and regular market updates.
Recommendations are delivered through text or an application, with WhatsApp support and follow-up communication.
The firm states it does not guarantee returns from its recommendations and highlights that trading is subject to market risk.
Vivek Prashant’s Registration Has Already Changed
This is the single most important fact about this firm, and it isn’t something most reviews cover at all.
Vivek Prashant previously held individual SEBI Research Analyst registration INH200006929, granted March 15, 2019, with perpetual validity, under which Rising Trade Investments Research operated.
The firm’s own website now states directly: “the individual Research Analyst registration of Vivek Prashant bearing Registration No. INH200006929 has now been transitioned into a Corporate Research Analyst registration in the name of Alfaview Trading Research Private Limited bearing Registration No. INH000025683.”
Independently, Alfaview Trading Research Private Limited and registration INH000025683 are confirmed genuine, approved by SEBI, based in Mumbai, and explicitly described on a third-party platform as “driven by RA Vivek Prashant.”
His own LinkedIn independently confirms the same transition, listing him as Technical Research Analyst at Alfaview Trading Research Pvt Ltd.
No independent complaint data currently exists for the new registration, INH000025683. Every complaint and pricing figure covered below belongs entirely to the old, now-superseded individual registration.
What this means practically: if you’re evaluating this firm today, the compliance history you’re able to check is tied to a registration the firm itself says no longer applies.
Whatever history exists under the new corporate registration isn’t publicly documented yet.
How Much Does Vivek Prashant Charge Under His Original Registration?
Under the original individual registration, Rising Trade Investments Research offered four plans, each priced only on an annual basis.
The Four Plans Pricing
| Plan | Price | What It Includes |
|---|---|---|
| Equity Premium | ₹1,49,000 / year | Live market support; target and stop-loss with every recommendation; recommendations via text or application |
| Index Option Standard | ₹89,000 / year | Live market support; target and stop-loss; recommendations via text or application; regular follow-up via messages |
| Index Option Premium | ₹1,20,000 / year | All Index Option Standard features, plus 1–2 extra research alerts per month |
| All in One | ₹1,50,000 / year | Above features, plus 2–3 extra levels exclusive from the research analyst monthly, and market-related updates |
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No Monthly or Shorter-Duration Option
All four packages were available only on a yearly basis, requiring investors to commit to the full annual fee upfront with no shorter-term way to try the service first.
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Payment Redirected to WhatsApp, Not a Payment Page
The “Get Started Today” buttons for every package redirected to a WhatsApp link rather than a payment page or any other reliable payment method, meaning there was no direct online payment route from the pricing page itself.
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High-Value Plans Without a Direct Payment Facility
The plans ranged from Rs.89,000 to Rs.1,50,000 per year.
While these amounts remain within the prescribed annual fee limit of Rs.1.51 lakh per client, they’re relatively high-value subscriptions, making the absence of a direct payment facility and shorter-duration options more relevant for anyone evaluating the service.
How Many Complaints Against Vivek Prashant Under the Original Registration?
The complaint history below belongs entirely to the original, now-superseded individual registration, INH200006929.
Monthly Trend (October 2024 to September 2025)
| Month | Carried Forward | Received | Resolved | Pending |
|---|---|---|---|---|
| Oct 2024 | 0 | 0 | 0 | 0 |
| Nov 2024 | 0 | 1 | 0 | 1 |
| Dec 2024 | 1 | 1 | 2 | 0 |
| Jan 2025 | 0 | 0 | 0 | 0 |
| Feb 2025 | 0 | 1 | 1 | 0 |
| Mar 2025 | 0 | 1 | 1 | 0 |
| Apr 2025 | 0 | 0 | 0 | 0 |
| May 2025 | 0 | 0 | 0 | 0 |
| Jun 2025 | 0 | 0 | 0 | 0 |
| Jul 2025 | 0 | 0 | 0 | 0 |
| Aug 2025 | 0 | 0 | 0 | 0 |
| Sep 2025 | 0 | 0 | 0 | 0 |
| Grand Total | 1 | 4 | 4 | 0 |
Annual Trend (2019-20 to 2024-25)
| Year | Received | Resolved | Pending |
|---|---|---|---|
| 2019–2020 | 1 | 1 | 0 |
| 2020–2021 | 0 | 0 | 0 |
| 2021–2022 | 0 | 0 | 0 |
| 2022–2023 | 3 | 3 | 0 |
| 2023–2024 | 1 | 1 | 0 |
| 2024–2025 | 6 | 6 | 0 |
| Grand Total | 11 | 11 | 0 |
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No Reporting Period Stated
The website’s monthly complaint table doesn’t state which month the main Complaint Board data actually relates to.
SEBI’s prescribed format specifically requires the disclosure to identify the “month ending” for the complaint data shown.
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No 2026 Data Shown
The latest monthly data available stops at September 2025, even though the current year is 2026.
No 2026 monthly complaint figures appear anywhere, making it impossible to assess the firm’s most recent complaint record under the old registration.
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A Real Spike in FY2024-25
Eleven complaints were received between FY2019-20 and FY2024-25, including 6 in FY2024-25 alone, more than half the total history concentrated in a single year.
The monthly table also records specific activity in November 2024, December 2024, February 2025, and March 2025.
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The Current Complaint Board Shows Zero, With No Period Specified
The main Complaint Board table shows zero complaints across every category, but because no reporting month is specified, there’s no way to tell whether this reflects a specific recent month or is simply presented as the current status.
What Promotional Claims By Vivek Prashant Need A Closer Look?
Several phrases on the Rising Trade Investments Research website are worth reading carefully.
- “Optimize your portfolio and trade confidently with our expert guidance” creates a positive impression without explaining the limitations or basis of the claimed expertise.
Website banner with a promotional CTA to “Transform Your Portfolio”. - References to “expert analysis,” “advanced tools,” and “optimize your profitability” present the service in a strongly promotional manner without clarifying what those tools and analysis actually involve.
Our Services section detailing claims like “optimize your profitability” - “Carefully curated stock suggestions” and “maximize growth potential” are promotional claims that could shape an investor’s expectations about the recommendations themselves.
- “Transform Your Portfolio – Start Trading with Us Today!” encourages subscription without additional information about the risks of the proposed strategies.
- “Get Daily 2-3 Intraday Tips” prominently promotes the frequency of recommendations, which shouldn’t be read as any indication of their quality or likely profitability.
Website advertising daily intraday options tips
Not sure whether the firm you’re dealing with today is operating under the same registration its old reviews are based on?
We check the current, active registration directly and tell you plainly what applies to your situation. Register with us for a free consultation.
How to File a Complaint Against Rising Trade Investments Research?
If your experience involves either the original individual registration or the new corporate entity, first document which registration applies to your specific case.
- SEBI SCORES: File a complaint through the SCORES SEBI complaint portal, citing the correct and current registration number.
- SMART ODR: If the matter remains unresolved, move to the SMART ODR portal for a structured dispute-resolution process.
- Share Market Arbitration: If mediation does not resolve the dispute, share market arbitration remains available as a formal and binding route.
For the complete process specific to a Research Analyst complaint, see our guide on SEBI complaint against a Research Analyst, which covers each stage in detail.
Conclusion
Vivek Prashant’s original individual registration, INH200006929, was genuine, and the firm’s own disclosure under it showed a documented history worth knowing: 11 complaints since 2019, annual-only pricing with no direct payment option, and gaps in how recent complaint data was presented.
That registration no longer applies. The firm’s own site confirms it was transitioned into a new corporate registration, INH000025683, under Alfaview Trading Research Private Limited, a registration independently confirmed as genuine but with no public complaint history yet of its own.
If you’re evaluating this firm today, the honest answer is that most of what’s publicly documented belongs to a registration that’s already been superseded.
Verify which entity and registration number actually applies to your specific interaction before relying on any older review, including this one, for current compliance status.
Report. Recover. Stay Fraud Free.
Legal Disclaimer
This blog is based on Rising Trade Investments Research’s own published materials and independently verified SEBI records for both the original individual registration and the current corporate registration. No SEBI action has been issued against Vivek Prashant or Alfaview Trading Research Private Limited as of date of writing, and we make no independent claims about either entity’s legitimacy beyond what these sources confirm.
Frequently Asked Questions
No. His own website states this individual registration has been transitioned into a corporate registration, INH000025683, under Alfaview Trading Research Private Limited.
No. All 11 documented complaints belong to the original individual registration, which the firm itself says no longer applies. No independent complaint data exists yet for the new corporate registration.
Yes, independently confirmed as approved by SEBI and based in Mumbai, explicitly described as driven by RA Vivek Prashant.
Confirm directly which registration number, the old individual one or the new corporate one, actually applies to the service being offered to you, since public reviews and complaint history tied to the old registration may not reflect the new entity's current practices.
