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WANT TO BECOME SEBI REGISTRED RESEARCH ANALYST?
Complete Step-by-Step Process, Eligibility, Documents, Fees & Timelines
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Learn How to Become SEBI Registered Research Analyst – Step Into a Legal Finance Career
If you've been sharing market opinions, stock recommendations, or trading insights online, it's time to understand how to become SEBI registered research analyst and start doing it legally.
SEBI Registration
As per SEBI Research Analyst Regulations, anyone who issues buy, sell, or target price recommendations must hold valid SEBI registration.
Risks of Unregistered Advisory
Unregistered advisory activity can result in SEBI penalties, inspections, and even blacklisting-as seen in several SEBI registered cases and SEBI non-registered
High Demand & Opportunity
With only around 1,700 SEBI-registered Research Analysts in India, there's a significant gap between demand and qualified professionals.
Step into a legal finance career by becoming SEBI registered. Build a trusted, compliant, and high-income career as a Research Analyst.
Why SEBI Registration Matters
Under SEBI Research Analyst Regulations
The SEBI Research Analyst Regulations were introduced to protect investors from unverified and misleading stock recommendations. By becoming a SEBI Registered Research Analyst, you gain:
Legal authority to publish or share stock tips
Credibility among clients and investors
Protection from SEBI inspection or legal penalties when compliant
Access to business models like subscription services or portfolio reviews

Becoming a registered analyst also opens doors to expanding your service offerings under the Portfolio Management Scheme SEBI framework, where research expertise is highly valued.
Step-by-Step Process:
How to Become SEBI Registered Research Analyst
Prepare the Required Documents
Before applying for SEBi registration, ensure the following documents are ready:
- For Individual SEBI Registration:
- PAN Card and Aadhaar Card
- GST Certificate (or declaration if not applicable)
- Address Proof (ownership or rental documents with NOC)
- Educational Certificates (Graduation, Post-Graduation, and NISM Research Analyst
- Certificate | (we prepare these for you)
- Internal Policies and Standard Disclosures (we prepare these for you)
- Bank Statement and infrastructure Details-common reason for rejections)
- For Company SEBI Registration:
- Company PAN Card
- Aadhaar and PAN of all Directors and Shareholders
- GST Certificate or NOC)
- Certificate of Incorporation & MOA
- GST Certificate or NOC)
- Certificate of Incorporation & MOA
- Shareholding Certificates.
- Business Plan + Client Acquisition Strategy
Apply on the BSE Intermediary Portal
Visit BSE Intermediary Portal, select "Research Analyst", and create your profile. Fill out the online form and upload all documents as per the latest SEBI research analyst regulations.
Submit Application & Declarations
Submit the completed form along with declarations and supporting documents. SEBI and BSE authorities will review your app lication. In some cases, a SEBI inspection may be conducted to verify the authenticity of your details or infrastructure.
SEBI Registered Cases vs SEBI Non-Registered Cases – The Legal Difference
Many professionals misunderstand the risk of operating without registrastion. Let's clarify:
SEBI Registered Cases
These involve analysts who are registered and compliant but may face inspections for procedural errors. Usually, issues are resolved with minor corrections.
- Registered and compliant
- May face inspections for procedural areas
- Mostly minor corrections & warnings
SEBI Non-Registered Cases
These involve unregistered individuals or influencers providing stock tips illegally. SEBI has imposed strict penalties, bans, and legal proceedings on such cases.
- Unregistered and illegal
- Strict penalties, bans, & legal proceedings
- Severe penalties & legal action
Benefits of SEBI Registered Research Analyst Certification
Many professionals misunderstand the risk of operating without registration. Let's clarify:
100% Legal Authority
- ✓ 100% Legal authority to provide stock and investment recommendations
- ✓ Build your advisory, subscription, or influencer-based business
- ✓ Operate part-time or full-time
Lucrative Income Streams
- ✓ Serve over 5 crore Indian investors
- ✓ Create recurring income streams through retainers or packages
- ✓ Low competition — only around 1,700 registered analysts
Credibility & Safety
- ✓ Strong professional credibility among investors and institutions
- ✓ Freedom from SEBI penalty or compliance risks
High Demand & Freedom
- ✓ Low competition — only around 1,700 registered analysts
- ✓ Freedom from SEBI penalty or compliance risks
Documents Required for SEBI Registration
You'll need:
Graduation Certificate
NISM Research Analyst Exam (Series 15) Certificate
PAN & Aadhaar
Address Proof
Business Plan and Declarations
Our team prepares and formats every document as per BSE and SEBI requirements, reducing rejection risks and ensuring smooth approval.
Why Choose Taxation Consultancy
With years of experience in SEBI compliance, Portfolio Management Scheme SEBI, and registration processing, we've helped hundreds of finance professionals become SEBI-registered successfully.

Our services include:
Application Drafting and Filing
Professional and accurate drafting of SEBI registration.
Business Plan Preparation
Meticulous business plan tailored to meet SEBI requirements.
Legal Consultation
Consultation with SEBI advocates to ensure regulatory compliance.
Continuous Compliance Support
We provide complete end-to-end compliance support so you can focus on your clients and business.
What Our Clients Say
Hear from our satisfied clients and their success stories
Frequently Asked Questions
No. As per SEBI Research Analyst Regulations, disclaimers don’t protect you. You must register before offering buy/sell/target advice.









