Quick Summary
Yadnya Academy Private Limited, operating as Invest Yadnya, holds two separate SEBI registrations, Research Analyst (INH000008349) and Investment Adviser (INA000017897), both currently active. The company was incorporated on October 26, 2018, in Pune, Maharashtra, under CIN U80900PN2018PTC179852, and is directed by Santosh Hariprasad Chandak, Gaurav Jain, and Ashish Venkatesh Dindore. No SEBI enforcement order has been found against the firm as of writing. This blog covers the company’s registration status under both frameworks, what each licence permits, user-reported service concerns, and the exact process to escalate a complaint if something goes wrong.
Before subscribing to any stock research or advisory service, one basic question should come first: is it SEBI registered?
Yadnya Academy Private Limited, operating under the brand Invest Yadnya, holds not one but two separate SEBI registrations, which is less common than it sounds and worth understanding properly before you subscribe to anything.
This page covers the company’s actual corporate profile, both registration frameworks it operates under, what each one legally permits, and what to do if the service doesn’t match what you were promised.
Yadnya Academy Private Limited Review
Yadnya Academy Private Limited operates under the brand Invest Yadnya and provides research, advisory, and financial education services through structured subscription plans.
The platform offers multiple paid variants with different levels of access.
These include research tools, model portfolios, financial planning support, and personalised advisory services. It follows a defined subscription model rather than informal stock tips or unstructured recommendations.
Its services broadly include:
- Stock research and analysis, including detailed company reports and recommendations.
- Proprietary research tools such as Stock-O-Meter and Fund-O-Meter for evaluating equities and mutual funds.
- Model portfolios designed for conservative, moderate, and growth-oriented investors.
- Personalised financial planning services, including goal-based investing, retirement planning, and asset allocation strategies.
- Tax planning support and financial education resources.
On its official website, the company discloses that it operates as both:
- A Research Analyst (RA)
- An Investment Adviser (IA)
This distinction matters because both roles fall under separate SEBI regulatory frameworks.
Research Analysts publish research reports and recommendations, while Investment Advisers provide personalised investment advice based on a client’s financial goals and risk profile.
Since these activities require regulatory approval in India, the next step is to verify whether Yadnya Academy holds valid SEBI registrations under these categories.
Is Yadnya Academy SEBI Registered?
SEBI registration is a legal requirement for anyone offering securities research or personalised investment advice in India.
Yadnya Academy holds registrations under two categories: Research Analyst and Investment Adviser.
1. Research Analyst (RA) Registration
Registration Number: INH000008349
As a SEBI-registered Research Analyst, the company can:
- Publish stock research reports.
- Provide securities analysis.
- Share model portfolios and structured insights.
This confirms that Yadnya Academy is registered with SEBI as a Research Analyst and the registration status is active at the time of checking.
SEBI (Research Analyst) Regulations, 2014 impose strict conduct standards.
A Research Analyst:
- Cannot promise guaranteed returns.
- Must disclose conflicts of interest.
- Must maintain transparency in recommendations.
- Must include proper risk disclosures.
SEBI currently lists this registration as active.
2. Investment Adviser (IA) Registration
Yadnya Academy also holds a SEBI Investment Adviser registration.
Investors can directly check SEBI registered investment advisor records using registration number INA000017897.
As a SEBI-registered Investment Adviser, the company can:
- Provide personalised investment advice.
- Recommend asset allocation strategies.
- Guide clients based on financial goals and risk profile.
This confirms that the company also holds an active Investment Adviser registration under SEBI.
SEBI (Investment Adviser) Regulations, 2013 require an Investment Adviser to:
- Act in the client’s best interest.
- Avoid assured return claims.
- Conduct proper risk profiling.
- Maintain transparency in fee structures.
Yadnya Academy operates both as a Research Analyst and an Investment Adviser, meaning it is regulated under two separate SEBI frameworks.
Understanding these boundaries is important. If any of these violations occur, investors have the right to report the matter.
Yadnya Invest Complaints
SEBI requires registered Research Analysts to publish an annual disposal trend showing how complaints move through the system each year.
Here’s what Yadnya Academy’s disclosure under INH000008349 shows.
| Sr. No. | Year | Carried Forward From Previous Year | Received | Resolved | Pending |
|---|---|---|---|---|---|
| 1 | 2021 | 0 | 0 | 0 | 0 |
| 2 | 2022 | 0 | 0 | 0 | 0 |
| 3 | 2023 | 0 | 0 | 0 | 0 |
| 4 | 2024 | 0 | 0 | 0 | 0 |
| 5 | 2025 | 0 | 0 | 0 | 0 |
Zero complaints received, zero pending, across five consecutive years.
That’s a genuinely clean regulatory record, and unlike some disclosures we’ve reviewed elsewhere in this project, nothing here shows future or impossible dates; this is a real, checkable, year-by-year trend rather than a template.
A clean formal complaint record is worth crediting on its own terms, but it only tells you what SEBI has officially logged.
It doesn’t capture what users experience day-to-day on the actual platform, which is a separate question worth checking before you subscribe.
Yadnya Academy Private Limited Reviews
Beyond what shows up in official SEBI disclosures, some users have shared operational concerns about the platform on public review sites.
These aren’t regulatory findings; they’re independent accounts describing how the service actually performed for them after payment.
Three separate patterns show up across these reviews, and each is worth understanding on its own terms.
We are reporting what these reviews describe. We are not independently verifying these accounts, and none of them appear as formal SEBI SCORES complaints in the table above.
1. App Stability and Login Issues
Reviews describe repeated app crashes and login-related problems, with certain subscription features, including the Stock-O-Meter tool, reportedly not displaying properly even after logging in successfully.
This falls under platform performance rather than advisory misconduct on its own.
A login failure or a feature that doesn’t load isn’t automatically a SEBI violation.
It becomes a formal concern if paid services stay consistently inaccessible, if advertised features are never delivered after payment clears, or if subscription terms turn out to be misrepresented from what was sold.
2. Outdated Information Paired With No Refund Policy
A separate review describes the app containing outdated or incomplete data, which makes it less reliable for actual investment decisions than the subscription price would suggest.
What makes this specific complaint sharper is what sits alongside it.
Since the service carries no refund policy, a paying subscriber who runs into outdated information has no built-in recourse if the service doesn’t hold up to what they expected at signup.
3. Customer Support Non-Response
A third account describes something more serious than a display bug: portfolio data reportedly disappearing without explanation, followed by no response at all after contacting customer care directly.
Unlike the first two patterns, this one touches on accountability rather than just technical reliability; a support channel that goes silent after a user reports lost data is a different category of concern than an app that occasionally crashes.
None of these three establish a regulatory violation on their own, and none currently appear in the formal SCORES disclosure table above.
They speak to operational reliability, which is worth weighing as a separate question from whether the firm’s registrations and formal complaint record are in order.
Not sure whether what you experienced falls under the RA side or the IA side of this firm’s registration?
We will help you identify the correct regulatory category, organise your evidence properly, and file through the right channel the first time.
When Should You Report a Research Analyst or Investment Adviser?
Even a SEBI-registered firm operating under two separate frameworks isn’t exempt from clear conduct rules, and it helps to know exactly which situations cross the line into reportable territory.
- Guaranteed or assured returns were promised. No SEBI-registered entity, RA or IA, is permitted to guarantee profits or fixed returns under any circumstance.
- Risks were hidden or not properly disclosed. Every recommendation is required to clearly state the relevant market risks alongside it.
- Performance claims were exaggerated. Showing only successful calls while omitting losses, without proper disclosure, is misleading regardless of intent.
- Fees were misrepresented or unclear. All charges need to be transparent and explained upfront, not clarified only after payment.
- Conflicts of interest went undisclosed. If the analyst holds a position in a stock being recommended, that has to be stated.
- Personalised advice was given without proper risk profiling. An Investment Adviser is specifically required to assess your financial goals and risk appetite before advising; skipping that step is a compliance gap on its own.
If any of these match what you’ve experienced, you have the right to escalate the matter formally.
How to Report Against a Research Analyst or Investment Adviser?
If you believe Yadnya Academy has crossed one of the lines above, under either its RA or IA registration, there’s a structured path to follow, and each step exists for a specific reason.
Start by gathering everything: screenshots of recommendations, emails, WhatsApp messages, payment receipts, and any promotional claims made to you.
Documentation is what actually determines how a complaint gets handled at every later stage.
Raise the issue with the company directly next. SEBI requires every registered entity to maintain a grievance redressal mechanism, so contact their official grievance officer in writing and keep a record of the exchange.
If that doesn’t resolve things, file a SCORES SEBI complaint, providing complete details and every supporting document you have.
For disputes that remain unresolved after that, the SMART ODR portal provides SEBI’s digital mediation and arbitration framework, applicable in eligible cases.
Since Yadnya Academy holds an Investment Adviser registration specifically, complaints tied to personalised advice fall under a different process.
If you want to know the full steps, check our guide on complaint against SEBI registered investment advisor.
Legal Disclaimer: This blog is based on Yadnya Academy Private Limited’s public MCA filings, SEBI registration records, and publicly available user feedback. No SEBI action has been issued against the firm as of the date of writing, and we make no independent claims about its legitimacy beyond what these sources confirm.
Conclusion
Yadnya Academy Private Limited, incorporated in 2018 and based in Pune, holds two separate, active SEBI registrations, as a Research Analyst under INH000008349 and as an Investment Adviser under INA000017897.
No publicly available SEBI enforcement order exists against the firm as of writing.
Holding both registrations is a meaningful structural detail, but it doesn’t remove the basic due diligence every investor should apply regardless of how established a firm appears.
Verify the registration status independently, understand which framework, RA or IA, any specific advice you’re given falls under, and treat any guaranteed return claim as an immediate red flag regardless of the firm’s track record.
Registration confirms legal standing. It doesn’t confirm suitability for your specific situation; that verification is still yours to do.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
Yes, under two separate registrations, Research Analyst (INH000008349) and Investment Adviser (INA000017897), both currently active.
The RA registration covers research reports and recommendations without personalisation. The IA registration covers personalised advice based on individual financial goals and risk profiling, a distinct regulatory category.
No publicly available SEBI enforcement order exists against the firm as of the date of this blog.
Registration alone doesn't guarantee a refund. Document exactly what was promised versus delivered, raise it with the firm's grievance officer in writing, and escalate through SEBI SCORES if it isn't resolved.
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